Earnings Alerts

Maybank (MAY) Earnings: 2Q Net Income Surpasses Estimates at 2.53 Billion Ringgit

  • Maybank‘s net income for the second quarter is 2.53 billion ringgit.
  • This net income surpasses the estimated 2.25 billion ringgit.
  • Two analysts provided the net income estimate.
  • Maybank‘s revenue for the quarter is 17.17 billion ringgit.
  • In terms of analyst recommendations, there are 11 “buy” ratings.
  • There are 8 “hold” ratings for Maybank.
  • No analysts have given a “sell” rating for Maybank.

A look at Maybank Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE3.8

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, commonly known as Maybank, shows a promising long-term outlook based on the Smartkarma Smart Scores. High ratings in Dividend and Momentum signal a strong performance in rewarding shareholders and maintaining positive market sentiments. Additionally, a solid score in Growth indicates potential for future expansion and profitability. However, lower scores in Value and Resilience hint at areas where improvements could enhance the company’s overall standing. Maybank, operating as a bank and providing various financial services in South East Asia, appears to be well-positioned for growth and income generation.


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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