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Malaysian (KLSE) Banks Industry Analysis
UpdatedSep 02, 2026
DataAggregated Company Financials
Companies11
- 7D-1.1%
- 3M4.1%
- 1Y10.8%
- YTD2.5%
Over the last 7 days, the Banks industry has dropped 1.1%, driven by a pullback from Public Bank Berhad of 4.3%. In the past year, the industry has gained 11%. Looking forward, earnings are forecast to grow by 5.6% annually.
Industry Valuation and Performance
Has the Malaysian Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 02 Sep 2026 | RM 460.6b | RM 100.9b | RM 41.3b | 10.6x | 11.2x | 4.6x |
| Fri, 31 Jul 2026 | RM 465.3b | RM 100.2b | RM 40.9b | 10.4x | 11.4x | 4.6x |
| Sun, 28 Jun 2026 | RM 450.8b | RM 100.2b | RM 40.9b | 10.2x | 11x | 4.5x |
| Tue, 26 May 2026 | RM 458.5b | RM 101.1b | RM 40.9b | 10.6x | 11.2x | 4.5x |
| Thu, 23 Apr 2026 | RM 461.7b | RM 100.9b | RM 40.9b | 10.7x | 11.3x | 4.6x |
| Sat, 21 Mar 2026 | RM 474.8b | RM 100.9b | RM 40.9b | 10.9x | 11.6x | 4.7x |
| Mon, 16 Feb 2026 | RM 493.0b | RM 100.2b | RM 40.4b | 11.6x | 12.2x | 4.9x |
| Wed, 14 Jan 2026 | RM 467.2b | RM 100.2b | RM 40.4b | 11.2x | 11.6x | 4.7x |
| Fri, 12 Dec 2025 | RM 436.7b | RM 100.2b | RM 40.4b | 10.4x | 10.8x | 4.4x |
| Sun, 09 Nov 2025 | RM 418.5b | RM 99.3b | RM 40.3b | 10x | 10.4x | 4.2x |
| Tue, 07 Oct 2025 | RM 425.2b | RM 99.3b | RM 40.3b | 10.2x | 10.6x | 4.3x |
| Thu, 04 Sep 2025 | RM 413.4b | RM 99.3b | RM 40.3b | 9.8x | 10.3x | 4.2x |
| Sat, 02 Aug 2025 | RM 398.3b | RM 98.3b | RM 40.0b | 9.4x | 10x | 4.1x |
| Mon, 30 Jun 2025 | RM 402.7b | RM 98.3b | RM 40.0b | 9.4x | 10.1x | 4.1x |
| Wed, 28 May 2025 | RM 409.9b | RM 97.7b | RM 40.1b | 9.6x | 10.2x | 4.2x |
| Fri, 25 Apr 2025 | RM 409.1b | RM 97.2b | RM 39.9b | 9.5x | 10.3x | 4.2x |
| Sun, 23 Mar 2025 | RM 419.6b | RM 97.2b | RM 39.9b | 9.9x | 10.5x | 4.3x |
| Tue, 18 Feb 2025 | RM 440.1b | RM 94.8b | RM 39.2b | 10.8x | 11.2x | 4.6x |
| Thu, 16 Jan 2025 | RM 424.7b | RM 94.8b | RM 39.2b | 10.5x | 10.8x | 4.5x |
| Sat, 14 Dec 2024 | RM 434.3b | RM 94.8b | RM 39.2b | 10.8x | 11.1x | 4.6x |
| Mon, 11 Nov 2024 | RM 436.7b | RM 92.4b | RM 38.2b | 10.9x | 11.4x | 4.7x |
| Wed, 09 Oct 2024 | RM 434.8b | RM 92.4b | RM 38.2b | 10.8x | 11.4x | 4.7x |
| Fri, 06 Sep 2024 | RM 445.7b | RM 92.4b | RM 38.2b | 10.6x | 11.7x | 4.8x |
| Sun, 04 Aug 2024 | RM 411.0b | RM 90.6b | RM 37.1b | 9.9x | 11.1x | 4.5x |
| Tue, 02 Jul 2024 | RM 393.1b | RM 90.6b | RM 37.1b | 10x | 10.6x | 4.3x |
| Thu, 30 May 2024 | RM 393.4b | RM 89.6b | RM 36.6b | 10.1x | 10.7x | 4.4x |
| Sat, 27 Apr 2024 | RM 390.5b | RM 88.5b | RM 36.5b | 10.1x | 10.7x | 4.4x |
| Mon, 25 Mar 2024 | RM 388.0b | RM 88.5b | RM 36.5b | 10.2x | 10.6x | 4.4x |
| Wed, 21 Feb 2024 | RM 391.2b | RM 90.4b | RM 36.2b | 10.3x | 10.8x | 4.3x |
| Fri, 19 Jan 2024 | RM 372.5b | RM 89.9b | RM 36.2b | 9.8x | 10.3x | 4.1x |
| Sun, 17 Dec 2023 | RM 371.3b | RM 89.9b | RM 36.2b | 10.3x | 10.3x | 4.1x |
| Tue, 14 Nov 2023 | RM 368.2b | RM 89.5b | RM 35.0b | 10x | 10.5x | 4.1x |
| Thu, 12 Oct 2023 | RM 365.5b | RM 89.5b | RM 35.0b | 9.7x | 10.4x | 4.1x |
| Sat, 09 Sep 2023 | RM 370.6b | RM 89.5b | RM 35.0b | 9.9x | 10.6x | 4.1x |
Price to Earnings Ratio
10.6x
Current Industry PE
- Investors are relatively neutral on the Malaysian Banks industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 10.8x.
- The industry is trading close to its 3-year average PS ratio of 4.4x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 5.6% per year over the last three years.
- Revenues for these companies have grown 4.1% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Malaysian Financials industry?
| MY Market | -1.42% | |
| Financials | -1.14% | |
| Banks | -1.10% | |
| Diversified Banks | -1.07% | |
| Regional Banks | -3.23% | |
Industry PE
- Investors are most optimistic about the Regional Banks industry which is trading above its 3-year average PE ratio of 15.0x.
- Analysts are expecting annual earnings growth of 32.2%, which is higher than its past year's earnings decline of 61.7% per year.
- Investors are most pessimistic about the Diversified Banks industry, which is trading close to its 3-year average of 10.8x.
Forecasted Growth
- Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 32% over the next 5 years.
- This is better than its past earnings decline of 62% per year.
- In contrast, the Diversified Banks industry is expected to see its earnings grow by 5.3% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HLBANK Hong Leong Bank Berhad | RM 23.84 | 3.7% +RM 1.7b | 18.8% | PB1.2x | |
| HLFG Hong Leong Financial Group Berhad | RM 18.96 | 1.2% +RM 249.5m | 9.6% | PB0.6x | |
| ABMB Alliance Bank Malaysia Berhad | RM 4.97 | 0.8% +RM 69.2m | 13.5% | PB1x |