0431 GMT - Public Bank's goodwill impairment at its Hong Kong unit is unlikely to have any material direct impact on its 3.5 billion ringgit capital-return plan, says CIMB Securities analyst Ei Leen Tan in a note. The non-cash charge could have limited implications for capital strength and dividend capacity. Public Bank's 3Q core net profit is forecast at 1.85 billion ringgit, nearly the same as a year earlier, supported by wealth management and FX income and partly offset by narrower net interest margins, she says. Tan cuts her 2026-2028 net profit estimates by 2.1%-13% to factor in the one-off goodwill impairment and a weaker NIM outlook. CIMB lowers the target price to 5.35 ringgit from 5.50 ringgit but keeps a buy rating on the stock. Shares are 2.7% lower at 4.70 ringgit.