Earnings Alerts

Public Bank (PBK) Earnings: 2Q Net Income Hits 1.78B Ringgit with Strong EPS of 9.180 Sen

  • Public Bank reported a net income of 1.78 billion ringgit for the second quarter of 2024.
  • Total revenue for the same period was 6.69 billion ringgit.
  • Earnings per share (EPS) stood at 9.180 sen.
  • Analyst ratings reveal strong market confidence, with 17 buys, 0 holds, and only 1 sell.

A look at Public Bank Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience3
Momentum4
OVERALL SMART SCORE3.6

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

Public Bank Berhad, a leading provider of banking and financial services, demonstrates a solid long-term outlook based on its Smartkarma Smart Scores. With positive scores across key factors, including Dividend, Growth, Resilience, and Momentum, the company is positioned well for future success. A strong Dividend score of 4 indicates the company’s commitment to rewarding shareholders, while a Growth score of 4 reflects its potential for expanding business activities. Additionally, an impressive Momentum score of 4 suggests a favorable market sentiment towards Public Bank‘s performance. Overall, Public Bank‘s consistent performance across these factors bodes well for its sustained growth and stability in the market.

Public Bank Berhad’s Value score of 3, along with its other strong Smart Scores, underscores its position as a reliable and competitive player in the banking industry. The company’s commitment to providing a range of financial services, both domestically and internationally, further enhances its resilience and growth potential. With a presence in key markets such as Hong Kong and Vietnam, Public Bank is well-positioned to capitalize on opportunities for expansion and profitability. Investors looking for a well-rounded investment opportunity in the banking sector may find Public Bank Berhad a compelling choice given its favorable Smart Scores and robust business profile.


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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