KLSE (MYR): CIMB (1023)
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Last Price
5.56
Today's Change
+0.02 (0.36%)
Day's Change
5.53 - 5.58
Trading Volume
1,656,000
Name
No. of Shares
Percentage
DATO TING HENG PENG
12,000
40.00%
DATO TING HENG PENG
12,000
40.00%
DATO TING HENG PENG
12,000
40.00%
From | To | Type | No. of Shares | Min Price | Max Price |
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share holders of CIMB, you should rejoice... CIMB would rather give more dividends to shareholders than bonus to employees...
1 month ago
CIMB again caught out in Singapore. Singapore business for CIMB is an issue….worst loan write off and now money laundering….we all know despite MAS having a reputation for strict regulation officially has been found out ….lot of the money which comes in from China, Russia, India, U.K. etc is black money ….they let it through as it helps the economy, asset prices etc ….
1 month ago
Fines on CIMB will be immaterial ….unlike the bad loan write off few years back….
1 month ago
Nice.....unlike some, morning pumped green but closing dumped red....haha
....so happy, nice and happy weekend for banks shareholders.....
1 month ago
Maybank, CMIB and BIMB roaring....
Two end with IB should having two start with M also
seeing that a lot of people discuss about mercury securities recently, Since they are working with m'sia stock biz guess and public mutual, guess their growth rate is super strong also. Maybe can put inside watchlist to monitor first....
4 weeks ago
1.8 billion profit ,17.5 sen dividen .dunno enuf power to push it to RM6.00 or not
3 weeks ago
2nd Q Banks report......
...the best 2 goes to......
....CIMB & Maybank.
My top 2 Heavyweight :)
3 weeks ago
https://www.malaymail.com/news/money/2023/08/30/cimb-q2-net-profit-rises-to-rm177b-on-higher-non-interest-income/88169
all i can say is WOW!
3 weeks ago
Well run bank now better t management than poorly governed companies like Genting family run rubbish highest paid ceo etc etc some Malaysians go on and on about Genting.Why? Who are they?
3 weeks ago
They probably are little fan boys who fall in love easily...and don't know how to fall out after....haha :p
....happy weekend to all happy bank investors...
3 weeks ago
stkoay
Not OK....5.60 better :p
35 minutes ago
Stkoay, you must be tempted to reinvest the dividend in cheap price 5.6 correct?
2 weeks ago
https://klse.i3investor.com/web/insider/detail/SBSH_568806_3191381177
62m shares.....who bought??
2 weeks ago
CIMB GROUP HOLDINGS BERHAD declared First Interim Dividend - RM 0.1750, the Ex Date on 20-Sep-2023.
2 weeks ago
Digital bank coming , all the tradisional bank profits will drop significantly ! Good luck to all shareholder ! I will prefer digital bank higher deposit rate !
2 weeks ago
Mediocre Banking Sector Results: NIM And NOII Centre Of Discussion
By
Editor -
September 10, 2023
The banking sector saw a mediocre season with earnings entirely within expectations, this is despite some surprises in tailwinds and headwinds. NIM compression this time was a lot heavier than previously guided for (recall that banks were guiding for “stable-to-minor” compression in 1Q23). NOII improvement was expected, being guided for as a core earnings driver (which came true, but it was unevenly distributed).
MIDF analysts give their guidance for the sector and it’s more skewed towards the negative, largely due to the slower-than-expected NIM recovery and potential asset quality irritation. Nearly all banks revised their NIM guidance downward.
However, on a more positive note, future quarters may see possible positive revisions to NCC guidance (they were initially too conservative). Earnings: Relatively stable, NIM and NOII are central focus. Aggregate Core Net Profit (Core NP) up by +0.6%qoq. It was a good quarter for topline – despite NIM compression, NII largely remained stable to slightly negative while NOII did mostly see solid improvement, mostly on the side of treasury income (though in some cases disappointed).
Provisioning did pick up from last quarter’s softer activity, with a few banks amping up on credit costs for a poorer macroeconomic outlook and asset quality irritation. There was a minor issue of slightly elevated tax rates in the quarter, due to higher provisioning and investment-related gains that are less tax deductible.
As for the balance sheet, growth was poor but expected to pick up. Weaker corporate loan growth offered downside pressure. Retail contributions – particularly solid mortgage and hire purchase growth – were bolstered by strong unsecured loan offerings. Unfortunately, this was not enough to offset weaker growth coming from the non-retail side – though the industry has guided for a much healthier post-election pipeline in 2H, maintaining their far-from-target loan growth forecasts. Deposit growth was more mixed, but liquidity remains ample.
CASA attrition on the other hand took a light breather as pricier FDs matured without renewal but should resume in subsequent quarters. Different banks took different approaches to managing NIM optimisation, hence reporting varying quarterly deposit growth figures.
Increasing impairment pressure within certain brackets, but heavy write-offs keep GILs manageable. Asset
quality pressure mainly came from the residential mortgages and SMEs linked to RA loans, though there was some
irritation already coming from riskier overseas and unsecured segments. Few banks have guided that GIL ratio is close to
peaking (or has already peaked). While LLC values have come down, some banks are looking at chunkier recoveries in the
coming quarters to keep this manageable while refraining from making larger allocations.
Among the banks, Maybank saw an unexpected, massive non-fee income gain within the quarter, CIMB displayed
exceptional performances in almost all aspects, especially loan growth. But Affin saw an abnormally sharp sequential drop in NIMs, which dragged earnings. RHB brought in decent quarterly earnings, but this was largely driven by overlay writebacks – while everything else was lacklustre.
From a pure valuation perspective, BIMB remains the most attractive while Affin is the least. Moving forward, the house is neutral for 2H outlook and doubts that ROE outlook is going to be that much better than 1H. Loan growth outlook is positive – banks are very optimistic about 2H’s non-retail pipeline. NIM outlook is more neutral – i.e. most banks are guiding stable to positive movement, though MIDF is cautious of year-end deposit competition.
On the other hand, more banks are opting for full-cash dividends. BNM doesn’t seem likely to exercise any additional leniency in capital ratio levels soon. Regardless, several banks have already guided for higher dividend payouts and halting DRP programmes – signalling that they are happy with current CET1 levels.
2 weeks ago
Date of Change Type Number of Shares
05-Sep-2023 Acquired 3,040,000
Registered Name
CITIGROUP - EPF BOARD (AHAM AM)
Nature of Interest
Direct Interest
Nature Interest
Direct Interest
Shares
Ordinary Shares
Reason
Citigroup - EPF Board - Acquired 21,000,000 Citigroup - EPF Board (AHAM AM)- Acquired 3,040,000
2 weeks ago
pang72
CIMB GROUP HOLDINGS BERHAD declared First Interim Dividend - RM 0.1750, the Ex Date on 20-Sep-2023.
6 days ago
pang72
Dividend exdate 20Sep23
6 days ago
1 week ago
Upcoming dividend of RM0.17 per share at 6.1% yield
Eligible shareholders must have bought the stock before 20 September 2023.
Payment date: 12 October 2023.
Payout ratio is a comfortable 53% but the company is not cash flow positive.
Trailing yield: 6.1%.
Within top quartile of Malaysian dividend payers (5.2%).
Higher than average of industry peers (5.2%).
Meow Meow Meow
1 week ago
Perak Corporation Berhad has entered into a Debt Settlement Agreement with CIMB Bank Berhad to settle the amount outstanding due and payable which stood at RM29.3 million.
The figure is based on the facility agreement the state-owned company’s subsidiary PCB Taipan went with CIMB to accept the revolving credit facility of RM30 million granted through various letters of offer and supplemental letters of offer from the bank. In 2020, CIMB had declared an event of cross-default by Perak Corp and its subsidiary PCB Taipan, in respect of the revolving credit facilities of up to RM90 million granted to them, following the declaration of an event of default by Affin Islamic Bank Berhad for financing extended to Perak Corp. CIMB had demanded full payment of the said revolving credit facilities.
Perak Corp said the debt settlement is part of the proposed debt settlement to restructure its debt obligations to comprehensively resolve the financial issues that has caused the group to trigger the prescribed criteria under the Practice Note 17.
1 week ago
Dividend - Normal or Special
[CIMB] First Interim Dividend on 06-Sep-2023
Announcement Date: 06-Sep-2023
Related Stock:
CIMB
CIMB GROUP HOLDINGS BERHAD
FY: 31-Dec-2023
Amount
RM 0.1750
Ex Date
20-Sep-2023
Entitlement Date
21-Sep-2023
Payment Date
12-Oct-2023
6 days ago
Mabel
As for Mabel it's Maybank, CMIB and BIMB..
ALL 3 are Roaring..
Meow Meow Meow
1 month ago