CIMB on track to hit short-term ROE target

Citi now expects flat earnings for CIMB in 2025 and expects the dividend payout ratio to remain steady at 55%.

PETALING JAYA: CIMB Group Holdings Bhd’s shares declined in heavy trading despite the unveiling of its new six-year strategic roadmap called Forward30.

Yesterday, the country’s second-largest bank by asset size was the main laggard among FBM KLCI constituents, closing 3.85% lower to RM7.50.