Public Bank Berhad Future Growth

Future criteria checks 1/6

Public Bank Berhad is forecast to grow earnings and revenue by 4.8% and 6% per annum respectively. EPS is expected to grow by 4.8% per annum. Return on equity is forecast to be 12.3% in 3 years.

Key information

4.8%

Earnings growth rate

4.8%

EPS growth rate

Banks earnings growth	5.5%
Revenue growth rate	6.0%
Future return on equity	12.3%
Analyst coverage	Good
Last updated	23 Dec 2024

Recent future growth updates

Public Bank Berhad Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Dec 02

Public Bank Berhad (KLSE:PBBANK) Released Earnings Last Week And Analysts Lifted Their Price Target To RM5.10

Aug 29

Recent updates

Public Bank Berhad Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Dec 02

Public Bank Berhad (KLSE:PBBANK) Released Earnings Last Week And Analysts Lifted Their Price Target To RM5.10

Aug 29

Shareholders Will Probably Hold Off On Increasing Public Bank Berhad's (KLSE:PBBANK) CEO Compensation For The Time Being

May 01

Public Bank Berhad's (KLSE:PBBANK) Upcoming Dividend Will Be Larger Than Last Year's

Mar 01

Does Public Bank Berhad (KLSE:PBBANK) Deserve A Spot On Your Watchlist?

Feb 10

Earnings and Revenue Growth Forecasts

KLSE:PBBANK - Analysts future estimates and past financials data (MYR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	15,464	7,750	N/A	N/A	15
12/31/2025	14,707	7,390	N/A	N/A	16
12/31/2024	13,818	7,034	N/A	N/A	15
9/30/2024	13,523	6,963	-14,703	-14,372	N/A
6/30/2024	13,208	6,752	-10,013	-9,699	N/A
3/31/2024	12,964	6,589	-17,081	-16,766	N/A
12/31/2023	12,949	6,649	-20,150	-19,842	N/A
9/30/2023	13,320	6,748	-15,637	-15,463	N/A
6/30/2023	13,402	6,637	-23,172	-23,020	N/A
3/31/2023	13,317	6,435	-14,982	-14,836	N/A
12/31/2022	13,065	6,119	-10,958	-10,812	N/A
9/30/2022	12,248	5,787	-9,549	-9,400	N/A
6/30/2022	11,629	5,558	-2,422	-2,288	N/A
3/31/2022	11,327	5,525	-6,475	-6,329	N/A
12/31/2021	11,305	5,657	-5,386	-5,243	N/A
9/30/2021	10,878	5,424	-7,220	-6,864	N/A
6/30/2021	10,883	5,455	-10,327	-9,956	N/A
3/31/2021	10,339	5,073	-4,792	-4,438	N/A
12/31/2020	10,045	4,872	-482	-109	N/A
9/30/2020	10,532	5,130	5,869	6,045	N/A
6/30/2020	10,486	5,099	1,074	1,270	N/A
3/31/2020	10,909	5,431	-257	-45	N/A
12/31/2019	10,897	5,512	-12,520	-12,315	N/A
9/30/2019	10,742	5,511	-17,170	-16,945	N/A
6/30/2019	10,686	5,532	-9,399	-9,160	N/A
3/31/2019	10,654	5,595	-9,328	-9,092	N/A
12/31/2018	10,623	5,591	-6,278	-6,060	N/A
9/30/2018	10,740	5,671	-1,662	-1,333	N/A
6/30/2018	10,728	5,692	N/A	-2,097	N/A
3/31/2018	10,706	5,627	N/A	-7,067	N/A
12/31/2017	10,536	5,470	N/A	-568	N/A
9/30/2017	10,315	5,467	N/A	-6,946	N/A
6/30/2017	10,052	5,301	N/A	-8,270	N/A
3/31/2017	9,786	5,225	N/A	-8,152	N/A
12/31/2016	9,703	5,207	N/A	-7,286	N/A
9/30/2016	9,667	5,217	N/A	135	N/A
6/30/2016	9,649	5,180	N/A	-4,208	N/A
3/31/2016	9,540	5,120	N/A	7,907	N/A
12/31/2015	9,292	5,062	N/A	-5,502	N/A
9/30/2015	8,988	4,824	N/A	-21,567	N/A
6/30/2015	8,832	4,814	N/A	-23,255	N/A
3/31/2015	8,620	4,673	N/A	-26,937	N/A
12/31/2014	8,409	4,519	N/A	-20,112	N/A
9/30/2014	8,183	4,290	N/A	-26,630	N/A
6/30/2014	7,954	4,146	N/A	-25,646	N/A
3/31/2014	7,884	4,113	N/A	-28,356	N/A
12/31/2013	7,805	4,065	N/A	-22,816	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PBBANK's forecast earnings growth (4.8% per year) is above the savings rate (3.6%).

Earnings vs Market: PBBANK's earnings (4.8% per year) are forecast to grow slower than the MY market (10.3% per year).

High Growth Earnings: PBBANK's earnings are forecast to grow, but not significantly.

Revenue vs Market: PBBANK's revenue (6% per year) is forecast to grow slower than the MY market (6.3% per year).

High Growth Revenue: PBBANK's revenue (6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: PBBANK's Return on Equity is forecast to be low in 3 years time (12.3%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/24 10:26
End of Day Share Price	2024/12/24 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Public Bank Berhad is covered by 33 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Ei Tan	Affin Hwang Investment Bank
Poh Ong	AmInvestment Bank Berhad
Wee Siang Ng	BNP Paribas Securities (Asia)

Public Bank Berhad Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Public Bank Berhad Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Public Bank Berhad (KLSE:PBBANK) Released Earnings Last Week And Analysts Lifted Their Price Target To RM5.10

Price target raised to RM19.19

Recent updates

Public Bank Berhad (KLSE:PBBANK) completed the acquisition of 44.15% stake in LPI Capital Bhd (KLSE:LPI) from Consolidated Teh Holdings Sdn Berhad and Estate of the Late Tan Sri Dato' Sri Dr. Teh Hong Piow.

Public Bank Berhad Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Public Bank Berhad (KLSE:PBBANK) agreed to acquire 44.15% stake in LPI Capital Bhd (KLSE:LPI) from Consolidated Teh Holdings Sdn Berhad and Estate of the Late Tan Sri Dato' Sri Dr. Teh Hong Piow for MYR 1.7 billion.

Public Bank Berhad (KLSE:PBBANK) agreed to acquire 44.15% stake in LPI Capital Bhd (KLSE:LPI) from Consolidated Teh Holdings Sdn Berhad and Estate of the Late Tan Sri Dato' Sri Dr. Teh Hong Piow for MYR 1.7 billion.

First half dividend increased to RM0.10

Public Bank Berhad (KLSE:PBBANK) Released Earnings Last Week And Analysts Lifted Their Price Target To RM5.10

Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Public Bank Berhad Announces First Interim Dividend for the Year Ending December 31, 2024, Payable on 23 September 2024

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Shareholders Will Probably Hold Off On Increasing Public Bank Berhad's (KLSE:PBBANK) CEO Compensation For The Time Being

Full year 2023 earnings: EPS and revenues miss analyst expectations

Public Bank Berhad, Annual General Meeting, May 08, 2024

Upcoming dividend of RM0.10 per share

Public Bank Berhad's (KLSE:PBBANK) Upcoming Dividend Will Be Larger Than Last Year's

Full year 2023 earnings: EPS and revenues miss analyst expectations

Does Public Bank Berhad (KLSE:PBBANK) Deserve A Spot On Your Watchlist?

Now 20% overvalued after recent price rise

Third quarter 2023 earnings: EPS exceeds analyst expectations

Public Bank Berhad Announces Appointment of Madam Teoh Meow Choo as Independent and Non Executive Member of Risk Committee, Effective on November 01, 2023

Upcoming dividend of RM0.09 per share at 3.3% yield

Second quarter 2023 earnings: EPS misses analyst expectations

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of RM0.05 per share at 4.1% yield

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Public Bank Berhad Announces Demise of Tan Sri Dato' Sri Dr Teh Hong Piow, Non-Independent and Non-Executive Director

Upcoming dividend of RM0.04 per share

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Public Bank Berhad to Report Q3, 2022 Results on Nov 30, 2022

Public Bank Berhad Announces the Re-Designation of Lim Chao Li as Independent and Non Executive Member of Risk Committee from Independent and Non Executive Chairman of Risk Committee

Public Bank Berhad Announces the Re-Designation of Lim Chao Li as Independent and Non Executive Member of Risk Committee from Independent and Non Executive Chairman of Risk Committee

Upcoming dividend of RM0.08 per share

First half 2022 earnings: EPS and revenues miss analyst expectations

Public Bank Berhad Declares First Interim Dividend, Will Be Paid on 23 September 2022

Public Bank Berhad to Report First Half, 2022 Results on Aug 29, 2022

Public Bank Berhad Appoints Gladys Leong as Independent and Non Executive Member of Audit Committee

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Public Bank Berhad to Report Q1, 2022 Results on May 30, 2022

Full year 2021 earnings: EPS exceeds analyst expectations

Now 20% undervalued

Upcoming dividend of RM0.077 per share

Now 20% undervalued

Full year 2021 earnings: EPS exceeds analyst expectations

Public Bank Berhad Declares Second Interim Dividend, Payable 22 March 2022

Public Bank Berhad to Report Fiscal Year 2021 Results on Feb 25, 2022

Third quarter 2021 earnings: EPS and revenues miss analyst expectations

Second quarter 2021 earnings released: EPS RM0.071 (vs RM0.052 in 2Q 2020)

Independent Non-Executive Director Wai Lai has left the company

Non-Independent Non-Executive Director Wing Chew Tang has left the company

First quarter 2021 earnings released: EPS RM0.079 (vs RM0.068 in 1Q 2020)

Full year 2020 earnings released: EPS RM0.25 (vs RM0.28 in FY 2019)

New 90-day high: RM4.42

Full year 2020 earnings released: EPS RM0.25 (vs RM0.28 in FY 2019)

Revenue and earnings beat expectations

Public Bank Berhad to Report Fiscal Year 2020 Results on Feb 25, 2021

Public Bank Berhad Announces Resignation of Chia Lee Kee as Company Secretary

Investor sentiment improved over the past week

Investor sentiment improved over the past week

New 90-day high: RM19.86

Price target raised to RM19.19

Third quarter 2020 earnings released: EPS RM0.36

Revenue and earnings beat expectations

Public Bank Berhad to Report Q3, 2020 Results on Nov 27, 2020

Market bids up stock over the past week

New 90-day low: RM15.08

New 90-day low: RM15.68

New 90-day low - RM15.92

First half earnings released

Public Bank Berhad to Report First Half, 2020 Results on Aug 28, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts