Stock Analysis

Analysts Have Made A Financial Statement On Public Bank Berhad's (KLSE:PBBANK) Yearly Report

KLSE:PBBANK
Source: Shutterstock

As you might know, Public Bank Berhad (KLSE:PBBANK) recently reported its yearly numbers. It was a credible result overall, with revenues of RM14b and statutory earnings per share of RM0.37 both in line with analyst estimates, showing that Public Bank Berhad is executing in line with expectations. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

View our latest analysis for Public Bank Berhad

earnings-and-revenue-growth
KLSE:PBBANK Earnings and Revenue Growth February 28th 2025

Taking into account the latest results, the current consensus from Public Bank Berhad's 17 analysts is for revenues of RM14.9b in 2025. This would reflect a credible 6.5% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to rise 4.9% to RM0.39. In the lead-up to this report, the analysts had been modelling revenues of RM14.7b and earnings per share (EPS) of RM0.38 in 2025. 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.

It will come as no surprise then, to learn that the consensus price target is largely unchanged at RM5.21. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. There are some variant perceptions on Public Bank Berhad, with the most bullish analyst valuing it at RM5.81 and the most bearish at RM4.40 per share. Still, with such a tight range of estimates, it suggeststhe analysts have a pretty good idea of what they think the company is worth.

Of course, another way to look at these forecasts is to place them into context against the industry itself. The period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 6.5% growth on an annualised basis. That is in line with its 6.4% annual growth over the past five years. Juxtapose this against our data, which suggests that other companies (with analyst coverage) in the industry are forecast to see their revenues grow 6.2% per year. So although Public Bank Berhad is expected to maintain its revenue growth rate, it's only growing at about the rate of the wider 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. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall industry. The consensus price target held steady at RM5.21, with the latest estimates not enough to have an impact on their price targets.

With that in mind, we wouldn't be too quick to come to a conclusion on Public Bank Berhad. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple Public Bank Berhad analysts - going out to 2027, and you can see them free on our platform here.

We don't want to rain on the parade too much, but we did also find 1 warning sign for Public Bank Berhad that you need to be mindful of.

New: Manage All Your Stock Portfolios in One Place

We've created the ultimate portfolio companion for stock investors, and it's free.

• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks

Try a Demo Portfolio for Free

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.