CIMB Group's 3Q Earnings Likely to Be Decent -- Market Talk

Dow Jones
Oct 28

0114 GMT - CIMB Group's 3Q earnings will likely be solid, driven by resilient non-interest income and stable asset quality, TA Securities analyst Li Hsia Wong says in a note. However, net interest margin compression and slower loan growth may weigh on earnings slightly, she says. Cost discipline remains intact as management continues targeted cost-optimization efforts, especially in establishment and technology-related expenses, she reckons. Overall operating costs are likely to stay contained this year, though bonus accrual timing and other discretionary spending may cause slight on-quarter fluctuations in 3Q and 4Q, she adds. Wong thinks CIMB's capital accretion continues to be positive, offering a healthy buffer for business expansion and sustain shareholder returns. TA Securities maintains a buy rating on CIMB and keeps its target price at MYR8.45. Shares are unchanged at MYR7.45.(yingxian.wong@wsj.com)

 

(END) Dow Jones Newswires

October 27, 2025 21:14 ET (01:14 GMT)

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