[New post] KE: RHB Bank – 3Q21 results above expectations (RHBBANK MK, CP MYR5.28, BUY, TP MYR6.00, Banks)

alanyeo posted: " RHB's 3Q21 results were above expectations - we revise FY21/22E net profit by +15%/-8%. The group's strong CET1 ratio of 16.8% (15.7% at the bank level) paves the way for potentially better dividend payouts moving forward. BUY maintained with a lower TP " New post on Alpha Edge Investing KE: RHB Bank – 3Q21 results above expectations (RHBBANK MK, CP MYR5.28, BUY, TP MYR6.00, Banks) by alanyeo RHB's 3Q21 results were above expectations - we revise FY21/22E net profit by +15%/-8%. The group's strong CET1 ratio of 16.8% (15.7% at the bank level) paves the way for potentially better dividend payouts moving forward. BUY maintained with a lower TP of MYR6.00 (-30sen), pegged to a lower CY22 PBV of 0.8x (ROE: 7.9%) […] Read more of this post alanyeo | December 1, 2021 at 2:32 pm | Tags: RHB | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-6IS Comment    See all comments Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://alphaedgeinvesting.com/?p=25846