Malayan Banking Bhd (Maybank) shares rose 1.5% on Friday after reporting better-than-expected fourth-quarter earnings. Analysts have broadly upgraded their target prices for the banking giant.
Maybank's shares closed at RM9.25, up 14 sen, with active trading volume. The bank reported an 8% year-on-year increase in net profit for the fourth quarter of FY2025, reaching RM2.52 billion, surpassing market consensus. Strong loan growth, lower provisions, and healthy net interest margins were key drivers. Several investment banks, including CIMB Research and RHB Research, have upgraded Maybank's target price to between RM9.80 and RM10.20, maintaining a 'Buy' rating. Analysts anticipate Maybank to continue its robust performance into FY2026, driven by economic recovery and a stable interest rate environment.
Share: