0122 GMT - Malayan Banking's ROE target of 13%-14% by 2030 looks achievable, given its proven track record and initiatives to grow noninterest income, Public Investment Bank analyst Wong Ling Ling says in a note. The lender recently unveiled its five-year strategy for 2026-2030, which outlines key growth areas aimed at capitalizing on long-term opportunities in Southeast Asia. Management is expected to provide further clarity on its capital management plan at the upcoming 4Q 2025 results briefing, she says. Public IB raises Maybank's target price to MYR11.70 from MYR11.20 while maintaining an outperform rating, citing the bank's attractive dividend yield of around 6%. Shares are 0.5% higher at MYR11.12. (yingxian.wong@wsj.com)
(END) Dow Jones Newswires
January 20, 2026 20:23 ET (01:23 GMT)
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