Shares of Malayan Banking Bhd (Maybank) and CIMB Group Holdings Bhd held steady today, closing at RM9.25 and RM6.50 respectively. Investor confidence was underpinned by expectations of robust upcoming quarterly earnings reports, providing support to their stock prices.
On February 24, 2026, shares of Malaysia's banking giants, Malayan Banking Bhd (Maybank) and CIMB Group Holdings Bhd, displayed resilience. Maybank closed unchanged at RM9.25, while CIMB edged up RM0.01 to RM6.50. Despite cautious overall market sentiment, analysts pointed to positive investor expectations for the banks' upcoming fourth-quarter and full-year earnings reports. Strong loan growth, robust asset quality, and a favourable interest rate environment are anticipated to underpin their profitability. The banking sector is expected to continue acting as a defensive play in the market, especially during periods of economic uncertainty. Other banking stocks like Public Bank also saw a slight gain of RM0.02 to RM4.30.
Share: