CIMB Group Holdings (CIMB) Earnings: 3Q Net Income Hits 2.03B Ringgit with Strong EPS of 18.98 Sen

CIMB Group Holdings on Smartkarma

Analyst coverage on Smartkarma, an independent investment research network, highlights the positive outlook on CIMB Group Holdings by analyst Victor Galliano. In one research report titled “Malaysian Banks Screener; CIMB Improves Credit Quality Driving Post Provision Returns,” Galliano reiterates a buy rating on CIMB due to its credit quality improvements and potential efficiency gains. The report also mentions downgrading Maybank to neutral based on valuations and efficiency concerns, while pointing out AM Bank as a potential watch for its low valuations and better returns.

In another insightful report by Victor Galliano on Smartkarma titled “Malaysian Banks Screener; Stick with Value Pick CIMB and Maybank as the Quality Pick,” the focus is on CIMB being a value pick with undemanding valuations and improving returns. Maybank is highlighted as a quality pick with strong financials and positive momentum in share price. Both CIMB and Maybank are positioned as top picks among Malaysian banks, with CIMB having the best peer group PEG and Maybank showcasing strong balance sheet credentials and improving returns.

A look at CIMB Group Holdings Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

When looking at the long-term outlook for CIMB Group Holdings Berhad, a regional universal bank offering a wide array of financial services, a holistic assessment using Smartkarma Smart Scores reveals a predominantly positive trend. The company scores well in Dividend and Growth, indicating a strong potential for generating returns and expanding its operations over time. Momentum, another key factor, stands at a high score, suggesting a positive market sentiment and potential for continued growth.

However, the company’s Resilience score is on the lower side, indicating a possible vulnerability to market shocks or economic downturns. Nonetheless, with a balanced score in Value, CIMB Group Holdings shows promise in terms of being a solid investment opportunity for those considering the long-term prospects and growth potential within the financial sector.

Disclaimer: This article by Smartkarma is general in nature and 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. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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