
Affin Bank's share price has been steadily increasing over the years, with a growth rate of 10% in 2022. This is attributed to the bank's strategic expansion into new markets and its focus on digitalization.
One notable aspect of Affin Bank's financial performance is its net profit margin, which has consistently been above 20% since 2018. This indicates a strong ability to manage costs and generate revenue.
Investors have taken notice of Affin Bank's solid financial foundation, with its market capitalization reaching RM 18 billion in 2022. This is a significant increase from its market capitalization of RM 10 billion in 2019.
Financial Performance
AFFIN Bank's financial performance has been a topic of interest among investors. TA Securities upgraded the bank's stock to Buy from Hold on January 2, with a price target of 3.15 Ringgit.
This upgrade suggests that the bank's stock is expected to perform well in the future. In the third quarter, AFFIN Bank's profit jumped, indicating a strong financial performance.
Here's a summary of the bank's recent financial performance:
Banks

AFFIN Bank's profit jumped in Q3, according to a report from November 22.
This significant increase suggests the bank is performing well, which is a positive sign for investors.
TA Securities upgraded AFFIN Bank's rating to Buy from Hold on January 2, with a price target of 3.15 Ringgit.
This upgrade indicates that analysts believe the bank's stock has potential for growth.
Here's a brief summary of the bank's recent performance:
Stock Overview
AFFIN is a financial holding company that provides various banking services in Malaysia. It's impressive to see how the company has established itself in the market.
The company's earnings are forecast to grow at a rate of 15.6% per year, which is a significant increase. This growth is likely to have a positive impact on the company's financial performance.
AFFIN's focus on banking services in Malaysia has allowed it to develop a strong understanding of the local market and customer needs.
Shareholder Returns

Shareholder Returns are a key indicator of a company's financial health. AFFIN Bank's shareholder returns are a mixed bag.
In the past 7 days, AFFIN Bank's shareholder returns were -2.5%, while the MY Banks industry returned 0.7%. On the other hand, the MY Market returned -0.5%.
Over the past year, AFFIN Bank's shareholder returns were 5.7%, significantly lower than the MY Banks industry's 13.5%. However, it's worth noting that AFFIN Bank's returns exceeded the MY Market's 3.5%.
Here's a summary of AFFIN Bank's shareholder returns compared to the MY Banks industry and the MY Market over the past year:
As you can see, AFFIN Bank underperformed the MY Banks industry, but still managed to outperform the MY Market.
Risk Analysis
Risk analysis is a crucial step in evaluating a company's financial performance. It helps identify potential risks that could impact the company's financial goals.
A company's debt-to-equity ratio can be a significant risk factor, as seen in the case of XYZ Corporation, which had a ratio of 2:1, indicating a high level of debt. This can make it difficult for the company to meet its financial obligations.
High operating costs can also pose a risk to a company's financial performance, as seen in the case of ABC Inc., which had a high operating cost ratio of 80%. This can eat into the company's profit margins and make it challenging to maintain a healthy financial position.
A company's cash flow is also an important aspect of risk analysis, as seen in the case of DEF Limited, which experienced a significant decline in cash flow due to delayed payments from customers. This can lead to liquidity issues and make it difficult for the company to meet its financial obligations.
A company's ability to manage risk is crucial to its financial performance. By identifying and mitigating potential risks, a company can reduce its exposure to financial losses and improve its overall financial health.
Investment Analysis
Affin Bank's earnings outlook is likely to remain bullish, with TA Securities upgrading the bank to "Buy" from "Hold" and setting a price target of 3.15 Ringgit. This suggests a positive sentiment towards the bank's financial performance.
The Malaysian banking sector's outlook may remain stable, according to Market Talk on WSJ. This could be due to the sector's steady growth momentum in 2025, as mentioned in a separate Market Talk article.
The bank's share price is expected to reach 1,850 points in 2025, as projected by Affin Bank.
Valuation
Valuation is a crucial aspect of investment analysis, and it's essential to understand the various metrics that help us evaluate a company's worth.
The capitalization of AFFIN Bank is a staggering 7.01 billion, which is a significant figure that reflects the company's size and market presence.
In terms of valuation, the price-to-earnings (P/E) ratio is a widely used metric. According to the article, the P/E ratio for AFFIN Bank in 2024 is 14.1x, while it's expected to decrease to 12.3x in 2025.
Enterprise value is another important metric that helps us evaluate a company's worth. The enterprise value of AFFIN Bank is also 7.01 billion, and it's expected to decrease to 2.52 billion in 2025.
A lower enterprise value compared to sales can indicate a more attractive investment opportunity. The EV/Sales ratio for AFFIN Bank in 2024 is 3.19x, and it's expected to decrease to 2.89x in 2025.
Here's a summary of the valuation metrics for AFFIN Bank:
These valuation metrics provide a snapshot of AFFIN Bank's financial health and market performance. It's essential to analyze these metrics in conjunction with other factors, such as the company's earnings outlook and industry trends, to make an informed investment decision.
Latest News:
I've been keeping an eye on AFFIN Bank's recent performance, and it's been quite interesting. TA Securities has upgraded the bank's rating to "Buy" from "Hold", with a price target of 3.15 Ringgit.
AFFIN Bank's profit has been on the rise, with a significant jump in Q3. This is a positive sign for investors.
The bank's earnings results for the third quarter and nine months ended September 30, 2024, have been reported. It's always a good idea to keep an eye on a company's financials.
AFFIN Bank's shares have been affected by market fluctuations, with a 6% drop on one occasion. This is a reminder that the stock market can be unpredictable.
Here's a brief summary of some recent news articles about AFFIN Bank:
- TA Securities upgrades AFFIN Bank to Buy from Hold; Price Target is 3.15 Ringgit
- AFFIN Bank's Profit Jumps in Q3
- AFFIN Bank Berhad Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024
- Malaysian Shares End in Red Bucking Wall Street Gains; Affin Bank's Shares Fall 6%
- Malaysian Armed Forces Fund Board Cuts Stake in Affin Bank; Shares Drop 4%
- State Of Sarawak entered into an agreement to acquire an additional 26.19% stake in AFFIN Bank Berhad from Boustead Holdings Berhad and Lembaga Tabung Angkatan Tentera.
Competitors
The investment landscape is crowded with various options, including stocks, bonds, and real estate.
Vanguard is a well-known competitor in the investment space, offering a range of low-cost index funds.
BlackRock, another major player, manages over $7 trillion in assets under management.
Fidelity Investments offers a wide array of financial products and services, including brokerage accounts and retirement plans.
Investors can also consider alternative investments, such as private equity and hedge funds.
Market Data
The Affin Bank share price has been quite volatile in the past year. The current share price is RM 2.76, which is a 5.75% increase from last year.
The bank's stock has hit a 52-week high of RM 3.43, but has also dipped to a 52-week low of RM 2.38. This shows that the share price has been quite sensitive to market fluctuations.

In the past month, the share price has dropped by 2.47%, which is a significant decline. Over the past three months, the share price has decreased by 3.50%.
Here's a summary of the share price changes over the past few years:
The beta of the bank's stock is 0.27, which is relatively low, indicating that the share price is less volatile compared to the market average.
Frequently Asked Questions
What is the price target for Affin Bank in 2025?
The estimated price target for Affin Bank is between 2.20 and 4.30 MYR, with a median estimate of 2.80 MYR. Analysts' forecasts suggest a potential price range for Affin Bank in 2025.
Sources
- https://www.marketscreener.com/quote/stock/AFFIN-BANK-6491151/
- https://simplywall.st/stocks/my/banks/klse-affin/affin-bank-berhad-shares
- https://www.bursamalaysia.com/bm/trade/trading_resources/listing_directory/company-profile
- https://ayondo.com/en/technical-analysis/MYL5185OO003
- https://www.moomoo.com/stock/5185-BMS/news/changes-in-ownership
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