AMMB Holdings Berhad (KLSE:AMBANK) First-Quarter Results: Here's What Analysts Are Forecasting For This Year

AMMB Holdings Berhad (KLSE:AMBANK) came out with its first-quarter results last week, and we wanted to see how the business is performing and what industry forecasters think of the company following this report. It was a workmanlike result, with revenues of RM1.3b coming in 3.2% ahead of expectations, and statutory earnings per share of RM0.16, in line with analyst appraisals. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.

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After the latest results, the 17 analysts covering AMMB Holdings Berhad are now predicting revenues of RM5.08b in 2026. If met, this would reflect an okay 6.6% improvement in revenue compared to the last 12 months. Statutory per-share earnings are expected to be RM0.61, roughly flat on the last 12 months. In the lead-up to this report, the analysts had been modelling revenues of RM5.07b and earnings per share (EPS) of RM0.60 in 2026. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

See our latest analysis for AMMB Holdings Berhad

There were no changes to revenue or earnings estimates or the price target of RM5.96, suggesting that the company has met expectations in its recent result. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. There are some variant perceptions on AMMB Holdings Berhad, with the most bullish analyst valuing it at RM6.90 and the most bearish at RM4.50 per share. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await AMMB Holdings Berhad shareholders.

Of course, another way to look at these forecasts is to place them into context against the industry itself. The analysts are definitely expecting AMMB Holdings Berhad's growth to accelerate, with the forecast 8.8% annualised growth to the end of 2026 ranking favourably alongside historical growth of 6.6% per annum over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 5.8% per year. Factoring in the forecast acceleration in revenue, it's pretty clear that AMMB Holdings Berhad is expected to grow much faster than its industry.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have estimates - from multiple AMMB Holdings Berhad analysts - going out to 2028, and you can see them free on our platform here.

Even so, be aware that AMMB Holdings Berhad is showing 1 warning sign in our investment analysis , you should know about...

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.