Banks likely to report weaker 4Q showing


RHB Research has maintained an “overweight” call on banks.

PETALING JAYA: In the run-up to domestic banks releasing their fourth-quarter ended Dec 31, 2024 (4Q24) and full-year financial results in the coming weeks, analysts are expecting weaker quarter-on-quarter (q-o-q) earnings, although year-on-year (y-o-y) financial performance should hold up.

Analysts expect net interest income (NII) to be affected by net interest margin (NIM) pressure to varying degrees, as banks compete over deposits at the year-end.

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