AMMB HOLDINGS BHD

KLSE (MYR): AMBANK (1015)

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Last Price

3.73

Today's Change

+0.10 (2.75%)

Day's Change

3.63 - 3.74

Trading Volume

5,503,300

Overview

Market Cap

12,362 Million

NOSH

3,314 Million

Avg Volume (4 weeks)

4,947,585

4 Weeks Range

3.54 - 4.03

4 Weeks Price Volatility (%)

38.78%

52 Weeks Range

3.38 - 4.25

52 Weeks Price Volatility (%)

40.23%

Previous Close

3.73

Open

3.63

Bid

3.71 x 400

Ask

3.73 x 199,900

Day's Range

3.63 - 3.74

Trading Volume

5,503,300

Financial Highlight

Latest Quarter | Ann. Date

31-Dec-2022 [#3] | 23-Feb-2023

Next QR | Est. Ann. Date

31-Mar-2023 | 31-May-2023

T4Q P/E | EY

7.28 | 13.74%

T4Q DY | Payout %

2.95% | 21.44%

T4Q NAPS | P/NAPS

5.31 | 0.70

T4Q NP Margin | ROE

35.45% | 9.65%

Market Buzz
Company Profile

Sector: FINANCIAL SERVICES

Sector: FINANCIAL SERVICES

Subsector: BANKING

Subsector: BANKING

Description:

AMMB Holdings Bhd is a provider of banking and financial services in Malaysia through its subsidiaries: AmBank and AmBank Islamic. The bank?s largest segments, which contribute the vast majority of revenue, are retail banking, wholesale banking, insurance, and group funding. The retail banking segment provides individuals and small businesses with services such as credit, auto financing, mortgages, credit cards, capital financing, personal loans, deposits, current accounts, and savings accounts. The wholesale banking business engages with corporate finance and advisory services, restructuring, security issuance, futures market services, stockbroking, and derivatives services. The insurance division offers life and general insurance products via its partnership with MetLife International.

Discussions
9 people like this. Showing 50 of 5,265 comments

bullmarket1628

Fed rate hike: US interest rates hit 14-year high in inflation battle
* By Natalie Sherman
* Business reporter, New York
21 September 2022, 19:01 BST
https://www.bbc.com/news/business-62973376.amp

The US central bank has pushed interest rates to the highest level in almost 15 years as it fights to rein in soaring prices in the world's largest economy.
The Federal Reserve announced it was raising its key rate by another 0.75 percentage points, lifting the target range to 3% to 3.25%.
Borrowing costs are expected to climb more - and remain high, the bank said.
The move comes despite mounting concern that the cost of controlling inflation could be a harsh economic downturn…

2022-09-22 06:56

bullmarket1628

Wow, Fed Hikes Interest Rates 0.75 %
lifting the target range to a record high of 3% to 3.25%
Like that today Ambank will be limit up already liao lah !

Heng ah, Ong ah, Huat ah !

2022-09-22 07:04

speakup

Breakout!
Rm4.50 coming

2022-10-25 16:04

smartly

Post removed.Why?

2022-10-25 17:38

khwong2028

hahaha rm4.5 break your neck , down to 3.95 HUAT ah . Thank you for all of your support . All still dreaming , get back to work la hahahaha lmao

2022-11-02 14:59

speakup

https://www.youtube.com/watch?v=g-GbC30px04
More good news! Tomorrow CI+30!

2022-11-24 22:34

Pinky

Proposed 6 sen interim dividend. Ka-ching!

2022-11-30 13:35

Bursascreener

Yeah nice breakout at 4.18. next resistance is at 4.25. Also making a W pattern.
Resistance at 4.25/4.50 & Support at 4.04. Follow for more technicals outlook.

2022-11-30 15:53

Damien0111

AMMB Holdings Bhd (AmBank) remains upbeat on delivering a strong financial performance in FY23 as it benefits from the uptrend in the overnight policy rate, lower provisions and improving asset quality.

Amid the recovery, the group said it remains focused on the execution of Focus 8 to deliver more integrated value propositions and create sustainable long-term value for all its stakeholders.

2022-11-30 16:29

Damien0111

"The group’s key focus areas in FY23 include accelerating its digital transformation, forming more strategic partnerships as well as embedding environmental, social and governance (ESG) considerations into all its strategies, businesses and operations," it said in a filing with Bursa Malaysia.

In the second financial quarter ended Sept 30, 2022, the group posted a net profit of RM435.4mil, which was 35.62% higher from the same quarter in 2021.

2022-11-30 16:29

Damien0111

Excluding transitional arrangement, the FHC CET1 ratio was 12.17% while the total capital ratio was 15.63%.

In a separate statement, group CEO Datuk Sulaiman Mohd Tahir said it is encouraging to see strong economic activities accompanied with the influx of foreign investments and strong domestic and foreign demand in the Malaysian econnomy.

"We foresee these factors supporting the growth momentum of our economy well into 2023," he said.

"With the declaration of an interim dividend of six sen per share, we are well on track to revert to our historical payout pattern.

"Moving forward, we will continue with our efforts to strengthen the group's position and play our part in the recover of our nation's economy," he added.

2022-11-30 16:30

speakup

Wonder who sold to speakup at 2.70? Seller must be crying non stop now

2022-12-06 23:30

wallstreetrookieNEW

This stock will fly today. Unfortunately disposal news was too late to act on

2022-12-09 06:03

AhKeat2018

AmBank sold subsidiaries to unlock the values and make it easier to value the group as a whole. Probably a move in anticipation of change of guard for 2 major shareholders. Let’s see.

2 months ago

speakup

special dividend mali?

2 months ago

speakup

as a mid sized bank, Ambank is a prime target for Bank M&As

1 month ago

Pinky

Free fall! What happened

1 month ago

cooledhawk123654

why ambank fall so much recently?

1 month ago

i3lurker

looks like Ambank could be dismantled
arms and legs chopped off and sold piece by piece

Citibank was attractive coz Citi always hire the top top staff and was rapidly sold off.
Existing banks unlikely to buy Ambank even at steep discount, unless forced at gunpoint.

1 month ago

Pinky

AmBank fundamentals have improved a lot after their 1MDB global settlement saga.

1 month ago

speakup

Exactly! Spot on

1 month ago

speakup

Fantastic results!
Better QoQ
Better YoY

1 month ago

Pinky

Fantastic!

1 month ago

troy88

Good QR!

1 month ago

speakup

next Q, think will declare 12-15sen dividend

1 month ago

troy88

Past few days sell down was purposely done for sharks to makan

1 month ago

Pinky

Finally touched 4.00 again!

1 month ago

troy88

Bounce back was always on the cards..

1 month ago

speakup

one of the last few banks which have not returned to pre-covid levels

4 weeks ago

speakup

no more panic selling, skarang CI+20

1 week ago

aklobi

I am in..

6 days ago

Bblue77

why this counter laosai ? distribution in progress for sharks?

5 days ago

NESARAJAH1

Average down. Share buy back is a good sign

5 days ago

aklobi

Collected more today

5 days ago

deric5721

ya.. accumulated now. Wonder why drop so much today

5 days ago

lawrence86

omg still look at this most sampah bank in klse? ...go for maybank and cimb la

5 days ago

aklobi

@lawrence86, PE ratio is key. I am an investor not a trader. AMMBANK PE is 7
CIMB PE is 14
MAYBANK is 12

AMMBANK is much better yield wise.

5 days ago

speakup

Agree. Deeply undervalued due to 1MDB.

5 days ago

lawrence86

no i would still get maybank/cimb rather than this sampah bank....even affin is better than this

2 days ago

aklobi

Seems 1mdb reputation is preventing people from looking through to the opportunity of this bank. Maybe a harsh awakening will come one day to the doomsters.

1 day ago

speakup

Ambank is a M&A candidate

1 day ago

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