The country’s largest bank is trading at its 10-year historical trough valuation of one time price-to-book ratio (-2 standard deviation). Despite that, Maybank remains confident of maintaining a pure cash dividend payout ratio of 40% to 60% this year.
PETALING JAYA: Potential oil and gas (O&G)-related impairments and downside risk to loan growth may continue to weigh Malayan Banking Bhd
’s (Maybank) share price down, said UOB Kay Hian.
The country’s largest bank is trading at its 10-year historical trough valuation of one time price-to-book ratio (-2 standard deviation).
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