Most brokerages reiterated their optimism on Maybank’s prospects. — Reuters
PETALING JAYA: Malayan Banking Bhd
(Maybank) is expected to register a turnaround in earnings per share (EPS) for the financial year ending Dec 31, 2023 (FY23) in the absence of the one-off “Cukai Makmur”, or prosperity tax.
The largest banking group in Malaysia will also likely maintain its dividend payouts above the 40% to 60% target for FY23, given the anticipated improvement in financial performance.
