Earnings Alerts

Maybank (MAY) Earnings: 1Q Net Income Meets Estimates with 2.49 Billion Ringgit

  • Maybank‘s 1Q net income meets the estimated figures.
  • The net income stands at 2.49 billion ringgit, closely matching the original estimate of 2.47 billion ringgit.
  • The revenue for Maybank in this period soared to a stunning 18.35 billion ringgit.
  • Maybank‘s performance garnered varied responses from analysts with 8 recommending a buy, 10 suggesting to hold, and 1 advising to sell.

A look at Maybank Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth3
Resilience2
Momentum4
OVERALL SMART SCORE3.4

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

Malayan Banking Berhad, operating as Maybank, is set for a promising long-term future according to Smartkarma Smart Scores. With a solid Dividend score of 5 and Momentum score of 4, Maybank is displaying strong performance in rewarding its investors and maintaining positive market momentum. While the Value and Growth scores stand at 3, indicating fair valuations and moderate growth prospects respectively, Maybank demonstrates resiliency with a score of 2, showcasing its ability to withstand economic challenges. Overall, the combination of high Dividend and Momentum scores positions Maybank favorably for long-term success.

Malayan Banking Berhad, popularly known as Maybank, offers a range of financial services across South East Asia. From insurance to internet banking, the company caters to diverse financial needs including asset management, stock broking, venture capital, and leasing services. With Smartkarma Smart Scores reflecting a promising outlook for Maybank, particularly in terms of dividends and market momentum, the company’s strong presence in the region and comprehensive financial offerings bode well for its sustained growth and resilience in the long term.


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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