Public Bank Berhad

KLSE:PBBANK Stock Report

Market Cap: RM 83.7b

Public Bank Berhad Management

Management criteria checks 3/4

Public Bank Berhad's CEO is Ah Lek Tay, appointed in Jul 2002, has a tenure of 22.58 years. total yearly compensation is MYR51.12M, comprised of 32.5% salary and 67.5% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth MYR135.30M. The average tenure of the management team and the board of directors is 10.2 years and 5.7 years respectively.

Key information

Ah Lek Tay

Chief executive officer

RM 51.1m

Total compensation

CEO salary percentage32.5%
CEO tenure22.6yrs
CEO ownership0.2%
Management average tenure10.2yrs
Board average tenure5.7yrs

Recent management updates

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

May 01
Shareholders Will Probably Hold Off On Increasing Public Bank Berhad's (KLSE:PBBANK) CEO Compensation For The Time Being

Recent updates

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

Dec 02
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

Aug 29
Public Bank Berhad (KLSE:PBBANK) Released Earnings Last Week And Analysts Lifted Their Price Target To RM5.10

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

May 01
Shareholders Will Probably Hold Off On Increasing Public Bank Berhad's (KLSE:PBBANK) CEO Compensation For The Time Being

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

Mar 01
Public Bank Berhad's (KLSE:PBBANK) Upcoming Dividend Will Be Larger Than Last Year's

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

Feb 10
Does Public Bank Berhad (KLSE:PBBANK) Deserve A Spot On Your Watchlist?

CEO Compensation Analysis

How has Ah Lek Tay's remuneration changed compared to Public Bank Berhad's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

RM 7b

Jun 30 2024n/an/a

RM 7b

Mar 31 2024n/an/a

RM 7b

Dec 31 2023RM 51mRM 17m

RM 7b

Sep 30 2023n/an/a

RM 7b

Jun 30 2023n/an/a

RM 7b

Mar 31 2023n/an/a

RM 6b

Dec 31 2022RM 45mRM 14m

RM 6b

Sep 30 2022n/an/a

RM 6b

Jun 30 2022n/an/a

RM 6b

Mar 31 2022n/an/a

RM 6b

Dec 31 2021RM 39mRM 12m

RM 6b

Sep 30 2021n/an/a

RM 5b

Jun 30 2021n/an/a

RM 5b

Mar 31 2021n/an/a

RM 5b

Dec 31 2020RM 37mRM 11m

RM 5b

Sep 30 2020n/an/a

RM 5b

Jun 30 2020n/an/a

RM 5b

Mar 31 2020n/an/a

RM 5b

Dec 31 2019RM 35mRM 9m

RM 6b

Sep 30 2019n/an/a

RM 6b

Jun 30 2019n/an/a

RM 6b

Mar 31 2019n/an/a

RM 6b

Dec 31 2018RM 34mRM 7m

RM 6b

Compensation vs Market: Ah Lek's total compensation ($USD11.39M) is above average for companies of similar size in the MY market ($USD845.32K).

Compensation vs Earnings: Ah Lek's compensation has been consistent with company performance over the past year.

CEO

Ah Lek Tay (81 yo)

22.6yrs

Tenure

RM 51,120,000

Compensation

Dr. Tan Sri Dato’ Sri Ah Lek Tay, PSM, SSAP, PJN, DIMP, KMN, MBA (Henley); EFMIM (M’sia); Fellow, Charted Banker, AICB; FCPA (Aust); F Fin (Aust), serves as Non-Independent Executive Director at Public Isl...

Leadership Team

NamePositionTenureCompensationOwnership
Ah Lek Tay
MD, CEO & Director22.6yrsRM 51.12m0.16%
MYR 135.3m
Sook Ling Yik
Chief Financial Officer12.6yrsno datano data
Sulaiman Bin Abd Manap
Senior Chief Operating Officer12.6yrsno datano data
Siew Chang
Senior Chief Operating Officer11.3yrsno datano data
Po Fong
Senior Executiveno datano datano data
Poh Ng
Chief Human Capital Officer5.1yrsno datano data
Kat Kiam Chang
Deputy Chief Executive Officer9.1yrsno datano data
Chew Chan
Chief Operating Officer of Corporate Banking/HP Operations1.1yrsno datano data
Then Lim
Group Chief Internal Auditor11.3yrsno datano data
Chiew Chan
Chief Operating Officer of Retail Financial Services1.1yrsno datano data
Sook Loh
Chief Risk Officer8.7yrsno datano data
Kok Lee
General Manager of Credit Operationsno datano datano data

10.2yrs

Average Tenure

60yo

Average Age

Experienced Management: PBBANK's management team is seasoned and experienced (10.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ah Lek Tay
MD, CEO & Director27.7yrsRM 51.12m0.16%
MYR 135.3m
Huat Oon Lee
Executive Director & Chief Executive of Public Finance Limited1.1yrsno datano data
Yam Kiang Chong
Executive Director & CEO of Public Bank (Hong Kong) Limited5.1yrsno datano data
Chin Guan Lee
Non-Independent Non-Executive Director6.2yrsRM 551.00k0.0052%
MYR 4.3m
Wan Lai
Non-Independent Non-Executive Chairman12.8yrsRM 1.06m0.00048%
MYR 401.6k
Chao Lim
Independent & Non-Executive Director3.8yrsRM 718.00k0.00078%
MYR 652.5k
Mohd Bin Sher Mohamed
Independent Non-Executive Director6.1yrsRM 834.00kno data
Kim Cheah
Non-Independent Non-Executive Director10.8yrsRM 680.00k0.00027%
MYR 225.9k
Chai Tham
Independent Non-Executive Director5.7yrsRM 715.00k0.00038%
MYR 317.9k
Gladys Leong
Independent Non-Executive Director3.6yrsRM 721.00k0.00010%
MYR 83.7k
Meow Teoh
Independent Non Executive Director1.3yrsRM 121.00k0.00024%
MYR 200.8k

5.7yrs

Average Tenure

66yo

Average Age

Experienced Board: PBBANK's board of directors are considered experienced (5.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/03 10:23
End of Day Share Price 2025/02/03 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 32 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.

AnalystInstitution
Ei TanAffin Hwang Investment Bank
Poh OngAmInvestment Bank Berhad
Wee Siang NgBNP Paribas Securities (Asia)