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RHB Bank bucks banking malaise as investors bet on yield and ROE growth

Adeline Paul Raj
Adeline Paul Raj • 7 min read
RHB Bank bucks banking malaise as investors bet on yield and ROE growth
Photo by Low Yen Yeing/The Edge Malaysia
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While most Malaysian banking stocks have struggled to gain traction after a mediocre first-quarter reporting season, RHB Bank has bucked the trend, standing out as the sole bank to post a decent share price gain.

As at June 5, the shares in the country’s fourth-largest banking group by assets have gained 41.1% over the last 12 months to close at RM8.48 ($2.68), for a market capitalisation of RM37 billion. Over the span of just three trading days since the release of its earnings for the 1QFY2026 ended March 31 on May 29, they have risen by 3.3%.

In contrast, among the large-capitalised banks, Malayan Banking’s share price has risen 2.9% since releasing its results for the January-to-March quarter, while CIMB Group Holdings’ fell 3.8% and Public Bank’s gained 0.8%. That of Hong Leong Bank and AMMB Holdings fell by 2.6% and 0.8%, respectively.

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