Positive developments in 1Q25 for Affin Bank

CGSI Research sees potential net profit growth of around 10% in 2Q25 at around RM130mil.

PETALING JAYA: Affin Bank Bhd’s had a decent start with a RM124mil net profit in the first quarter of financial year ended March 31 (1Q25).

The performance was below consensus estimates of analysts but they note a couple of positive developments in the quarter.