Lim AS's comment on PBBANK. All Comments

Lim AS
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As of the third quarter ending September 30, 2024, Public Bank Berhad reported a net profit of RM1.91 billion, marking a 12.4% increase from RM1.70 billion in the same period the previous year. This growth was driven by healthy loans and customer deposits. 

For the cumulative nine-month period, the bank’s net profit rose to RM5.35 billion from RM5.03 billion, with revenue increasing to RM20.29 billion from RM18.87 billion. 

Regarding dividends, Public Bank declared a first interim dividend of 10 sen per share for the financial year ending December 31, 2024, which was paid on September 23, 2024.  As of now, there is no official announcement concerning a dividend distribution on March 25, 2025. Historically, the bank has declared dividends in March; for instance, in 2023, a second interim dividend was declared in March.  However, the exact amount and timing for 2025 remain unconfirmed.

Predicting future stock prices is inherently uncertain and influenced by various factors, including market conditions, economic indicators, and company performance. As of now, there is no definitive information on when Public Bank’s stock might breach the RM5 mark. Investors are advised to monitor official financial disclosures and market analyses for the most accurate and up-to-date information.
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