Maybank earnings meet forecasts


HLIB Research raised its financial years 2024 (FY24) to FY26 profit estimates by 3%.

PETALING JAYA: Malayan Banking Bhd (Maybank)’s earnings in the third quarter ended Sept 30 (3Q24) came within analysts’ expectations on the back of better total income and lower loan loss allowances.

Gross impaired loan ratio, which indicates loans might be non-performing, also ticked down.

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