RHB Bank stock trades at MYR 8.60 as profit reaches MYR 1.66 billion

RHB Bank stock traded at MYR 8.60 on Bursa Malaysia on September 24, 2026, up MYR 0.04 or 0.47 percent. The bank's first-half 2026 net profit reached MYR 1.66 billion, compared with MYR 1.55 billion a year earlier.

Profit grows as revenue slips

For the six months ended June 30, 2026, RHB Bank reported net profit of MYR 1.66 billion, up from MYR 1.55 billion in the same period of 2025, according to The Edge. The comparison indicates a MYR 110 million improvement even as revenue declined to MYR 8.62 billion from MYR 8.89 billion.

The second quarter showed the same split. Net profit edged up to MYR 807.15 million from MYR 803.50 million, while quarterly revenue fell to MYR 4.36 billion from MYR 4.50 billion, according to The Star on August 28, 2026. Lower expected credit losses and higher total income supported profit despite softer revenue.

Capital returns shape valuation

RHB Bank declared an interim dividend of 15 sen per share for the first half of 2026. That distribution gives the results a direct shareholder-return angle, while the revenue decline keeps income growth as the central operating question.

Hong Leong Investment Bank Research upgraded RHB Bank to buy from hold and raised its price target to RM9.50 from RM8.30, citing improving structural fundamentals and a capital-return proposition supported by a more-than-10 percent return on equity profile, The Star reported on September 2, 2026. Kenanga Research kept a market perform rating with a RM8.40 target.

Stock holds at MYR 8.60

At MYR 8.60 on September 24, 2026, RHB Bank stock was up 0.47 percent for the session. The price response was modest beside the first-half profit increase, leaving the bank's next valuation test tied to whether improving credit costs can offset softer revenue.

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