As of April 16, 2025, Public Bank Berhad (KLSE: PBBANK) is exhibiting a modest upward trend, supported by positive analyst forecasts and solid financial performance.

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? Stock Performance Overview
• Current Price: RM4.31 (as of April 15, 2025)
• 52-Week Range: RM3.98 – RM4.84
• Recent Movement: The stock has risen approximately 2.36% over the past week but has declined about 2.47% over the past month.
• Volatility: With a beta of 0.46, PBBANK exhibits lower volatility compared to the broader market.

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? Analyst Forecasts
• Price Targets: Analysts project an average 12-month price target of RM5.33, with estimates ranging from RM4.44 to RM6.10.
• Earnings Outlook: Earnings per share (EPS) are expected to grow by 4.8% annually, with revenues projected to increase by 5.5% per year.
• Profit Forecasts: Following strong FY2024 results, analysts have raised profit forecasts for FY2025 and FY2026, with some increasing target prices to RM5.30.

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? Financial Highlights
• Recent Earnings: For FY2024, PBBANK reported revenues of RM14.6 billion and an EPS of RM0.38, exceeding analyst expectations.
• Return on Equity: The bank maintains a healthy return on equity of 12.1%, indicating efficient use of shareholder funds.

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? Upcoming Events
• Annual General Meeting: Scheduled for May 8, 2025.
• Next Earnings Release: Expected on May 20, 2025.

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? Summary

Given the positive earnings momentum, favorable analyst revisions, and stable financial metrics, PBBANK is poised for a gradual upward trend in the near term. However, as a defensive banking stock, significant short-term price surges are unlikely. Investors should monitor upcoming events, such as the Annual General Meeting and the next earnings release, for further insights.

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