RHB Bank forecasted to see higher DPS and cost reduction
The bank has raised its cost reduction target to about $202m after exceeding its 2025 target.
RHB Bank is expected to log a distribution per share (DPS) of 8.3% of FY2026-27, according to CGS International (CGSI) forecasts.
Dividend payout ratio assumption has also been raised to 65%, from 60% previously.
The Malaysian lender achieved its cost reduction target of $38.99m (MYR158m) in FY2025, much higher than its $25.31m (MYR100m) guidance, CGSI noted. The bank has increased its cost reduction target to $202.48m (MYR800m) for FY2026-27.