ALLIANCE BANK MALAYSIA BERHAD
KLSE (MYR): ABMB (2488)
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Last Price
3.26
Today's Change
+0.01 (0.31%)
Day's Change
3.23 - 3.28
Trading Volume
3,541,800
Overview
Market Cap
5,047 Million
NOSH
1,548 Million
Avg Volume (4 weeks)
1,769,000
4 Weeks Range
3.23 - 3.55
4 Weeks Price Volatility (%)
9.38%
52 Weeks Range
3.11 - 3.93
52 Weeks Price Volatility (%)
18.29%
Previous Close
3.26
Open
3.25
Bid
3.26 x 170,200
Ask
3.27 x 1,000
Day's Range
3.23 - 3.28
Trading Volume
3,541,800
Financial Highlight
Latest Quarter | Ann. Date
31-Dec-2022 [#3] | 28-Feb-2023
Next QR | Est. Ann. Date
31-Mar-2023 | 31-May-2023
T4Q P/E | EY
7.76 | 12.89%
T4Q DY | Payout %
6.81% | 52.82%
T4Q NAPS | P/NAPS
4.23 | 0.77
T4Q NP Margin | ROE
34.20% | 9.94%
Market Buzz
2023-03-25
2023-03-24
2023-03-23
2023-03-22
2023-03-21
News and Blogs
Company Profile
Sector: FINANCIAL SERVICES
Sector: FINANCIAL SERVICES
Subsector: BANKING
Subsector: BANKING
Description:
Alliance Bank Malaysia Bhd, formerly Alliance Financial Group is a Malaysia-based company engaged in providing banking and financial services. Its core business segments consist of the Consumer Banking segment, which offers personal banking solutions, including mortgages, various loans, hire purchase facilities, credit cards, and wealth management; the business banking segment, which consists of small and midsize enterprise and wholesale banking, and offers products and services, such as cash management, trade finance, treasury, and structured solutions; the financial markets segment, which offers money market, hedging, foreign exchange, wealth management, and other services; and the investment banking segment, which provides stockbroking and corporate advisory services.
Discussions
6 people like this. Showing 50 of 1,750 comments
Sell-side analyst still promoting Alliance Bank. Short and dump it all
2022-07-19 11:30
"Maintain OUTPERFORM and TP of RM4.00. Our TP is based on a GGM-derived PBV of 0.88x (COE: 11.0%, TG: 3.0%, ROE: 10%) on its estimated CY23 BVPS of RM4.56. The group’s dividend-ROE stands at an attractive level between the smaller cap banks. This is aided by the group returning to pre-pandemic payouts (50%) which we believe could whet up better appetite among investors. All in, we do not think it is farfetched for investors to possibly enjoy yields of c.7%, the second most attractive payout within the banking space." - Kenanga
Kenanga Research is WRONG. SMEs will suffer more than corporations this quarter in an economic downturn. Alliance Bank leans heavily towards SMEs. Better buy bank stocks that rely less heavily on sme
2022-07-23 22:37
I miss the old kenanga equity analysis. Now it is not worth reading anymore
2022-07-23 22:37
According to the local business news articles, Malaysia finance and bank stocks, among others are usually investors' favourites when general election date is about to be announced or near.
2022-07-28 21:01
@wallstreetrookie
You can prove me wrong if you say I am cheating. By the way, why do you hate ABMB so much?
2022-07-29 12:44
Alliance Bank Bhd will look into expanding into new areas beyond SME to accelerate its business growth
2022-11-29 14:48
"The bank has doubled its new-to-bank customer acquisition year-on-year, acquiring approximately 44,000 customers through various digital solutions including e-Know Your Customer (e-KYC), Alliance Digital SME, BizSmart mobile app, BizSmart eTrade, and allianceonline mobile app.
"The achievement puts the bank on track towards the target of acquiring 80,000 new-to-bank customers by end FY2023,
2022-11-29 14:49
The bank's cost-to-income ratio remained stable at 43.9%.
Over the period, Alliance Bank recorded an overall loans growth of 6.7%, which it said was attributable to the growth in SME banking and commercial banking.
Customer-based funding was 8.4% higher y-o-y and current account savings account (Casa) ratio was 48.7%.
In terms of capital positions and liquidity, common equity Tier-1 (CET 1) was 15.1% while Tier-1 capital ratio was 16.4%.
Total capital ratio stood at 20.5%, liquidity coverage ratio was 164.4% and loan-to-fund ratio was 85.7%.
2022-11-29 14:49
Slow pace stock, but come with good return, the best part is, no stress.
2022-11-30 19:11
Alliance Bank Malaysia Bhd’s net profit fell 8.2% to RM158.42 million or 10.23 sen per share in the second quarter ended Sept 30, 2022 (2QFY2023) from RM172.74 million or 11.16 sen per share a year ago due to higher allowance for expected credit losses.
2022-12-16 09:40
1HFY2023 net credit cost improved to 12.3 bps as customers successfully graduate from the payment relief programmes. The loans under relief reduced to RM1.97 billion, representing 4.2% of the bank’s total loan book.
2022-12-16 09:41
All customers under moratoria have now graduated, and the bank will continue to assist customers who need further financial assistance.
2022-12-16 09:42
Price unexpectedly surged even after ex dividend. Undeniably a good dividend stock.
2022-12-17 14:14
All banks have already shot up, except this "turtle" is still lagging behind. What the heck is going on?
3 weeks ago
Good QR but lackluster share performance a bit like PBB. Never mind, drop more I will makan
3 weeks ago
I would like to be included in group discussions please.. is there a more active platform?
2 days ago
Although Malaysia banks are still fundamentally strong but the fear from the ripple of the collapse of SV Bank is still there. Yes, I think RM3.19 is possible next week.
11 hours ago
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