Public Bank Berhad Company Overview in Malaysia

Public Bank Berhad is one of the largest financial institutions in Malaysia, with a rich history dating back to 1966. It was founded by Tan Sri Teh Hong Piow, who is still the group's chairman to this day.

The bank's early success was due in part to its focus on serving the needs of the Malaysian community, particularly in rural areas. This approach helped the bank build strong relationships with its customers and establish a reputation for excellent service.

Public Bank Berhad has a significant presence in Malaysia, with over 250 branches across the country. Its extensive network of branches and ATMs makes it easy for customers to access their accounts and conduct financial transactions.

Public Bank Berhad is a Malaysian bank that offers a wide range of financial services. It has a presence in several countries, including Malaysia, Hong Kong, Cambodia, Vietnam, Laos, China, and Sri Lanka.

Public Bank Berhad provides commercial and consumer banking, investment banking, Islamic banking, trustee, stock-broking, and nominee services. It also sells and manages unit trust funds and life insurance products.

The bank's services include lending, wealth management, transactional banking, treasury operations, and international banking solutions. Its consumer banking portfolio includes retail financing for passenger vehicles, residential properties, and personal needs.

Public Bank Berhad is a Malaysian bank that offers a wide range of financial services. It's a well-established player in the market, with a presence in several countries.

Public Bank Berhad provides commercial and consumer banking services, including lending, wealth management, and transactional banking. Its commercial banking products cater to various needs, such as lending, treasury operations, and international banking solutions.

The bank's consumer banking portfolio includes retail financing for passenger vehicles, residential properties, and personal needs. It also offers credit and debit cards, Shariah-compliant products and services, and deposits.

Public Bank Berhad has a significant presence in several countries, including Malaysia, Hong Kong, Cambodia, Vietnam, Laos, China, and Sri Lanka. Its headquarters is located in Kuala Lumpur, Malaysia.

Public Bank Berhad offers various convenient banking services, including cash management, online banking, mobile banking, and internet banking.

Public Bank Berhad has a rich history of growth and development. In 2024, the bank made significant moves through acquisitions, mergers, and takeovers.

One notable acquisition was the bank's purchase of a 44.15% stake in LPI Capital in December 2024.

The bank also expanded its presence in Vietnam through a series of agreements and collaborations. In February 2024, its subsidiary Public Bank Vietnam Limited entered into an agreement with RHB Investment Bank Berhad to acquire RHB Securities Vietnam Company Limited.

In addition to its expansion in Vietnam, the bank also collaborated with Maxis Bhd in January 2024 to enhance digital adoption among small and medium enterprises in Malaysia.

Here's a brief overview of the bank's notable events in 2024:

Public Bank Berhad offers a variety of services to cater to different financial needs of its customers.

The bank provides personal banking services, including savings and current accounts, fixed deposit accounts, and loan facilities.

One notable service is the Public Bank Visa Debit Card, which allows customers to make cashless payments and withdraw cash from ATMs worldwide.

Public Bank also offers business banking services, including corporate banking, trade finance, and Islamic banking products.

For customers who prefer to bank online, Public Bank provides a secure and convenient online banking platform, Public Bank Online, which allows them to manage their accounts, pay bills, and transfer funds remotely.

Managers and Directors are key players in Public Bank Berhad's success. Ah Lek Tay, the CEO, has been with the bank since 2002.

The bank's leadership team is led by Ah Lek Tay, who is also a Director/Board Member. He has been in this role since 1997.

Sook Ling Yik, the Director of Finance/CFO, joined the bank in 2012. Her experience in finance has been invaluable to the bank's growth.

Here is a list of the bank's top managers and directors:

The ages of the bank's top managers and directors range from 54 to 83 years old.

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Public Bank has acquired a stake in LPI Capital, a move that will allow the enlarged Public Bank Group to establish a strong foothold in the general insurance segment in Malaysia.

The deal is a strategic one, as it supports Public Bank's efforts to adopt a more comprehensive "Universal Banking Model", integrating multiple financial services.

Public Bank's CEO, Tan Sri Dato' Sri Dr Tay Ah Lek, noted that the acquisition will enable cross-selling between Public Bank and LPI Capital, using both entities' distribution networks to reach more customers across Malaysia.

The transaction is classified as a related-party deal, requiring approval from non-interested shareholders at an Extraordinary General Meeting (EGM) scheduled for a later date.

Public Bank has already received regulatory clearance for the acquisition from Bank Negara Malaysia and the Ministry of Finance, with the transaction expected to close by the first quarter of 2025.

The Teh family is selling some of their shares in Public Bank over the next five years. This sale is being done in accordance with Malaysia's Financial Services Act.

The sale will be done in phases, and the family remains committed to Public Bank's future. Despite the reduction in their shareholding, they're still deeply invested in the institution.

A portion of the shares will be distributed to Public Bank employees, directors, and eligible shareholders at a discount. This is a way for the family to honor their late patriarch's legacy and show appreciation for the institution's employees and shareholders.

Public Bank Berhad's financial information is easily accessible. From start-ups to market leaders, the bank's financial charts provide a clear picture of its performance.

The bank's financial charts are a valuable resource for investors and analysts. You can find what you're looking for in the bank's financial information, no matter your level of expertise.

Public Bank Berhad's financial charts offer insights into its revenue and profitability.

Public Bank Berhad has a wide range of Swift codes that facilitate international transactions.

These Swift codes are unique to each branch and are used for secure and efficient cross-border payments.

With over 90 branches across Malaysia, Public Bank Berhad has a significant presence in the country's financial landscape.

When it comes to finding a local branch, you can look up the address of the main office tower, which is located at Financial Park, Jln Merdeka.

The main office tower is situated at Floor 8.

You can also find the address of the Menara Public Bank, which is located at 146, Jalan Ampang.

Public Bank (L) Ltd has a branch located at the same address as the main office tower, Financial Park, Jln Merdeka.

Each Public Bank Berhad branch has a unique SWIFT code, which means they can be different from one branch to another.

You can check the correct SWIFT codes for your Public Bank Berhad branch here to ensure you're using the right one.

If you're unsure or can't find the branch code, you can use the 8 character head office SWIFT code, and your payment will still make its way to your account.

Public Bank Berhad operates in a competitive market, with several major players vying for market share.

Scotiabank, a commercial bank from Canada, ranks as the top competitor with a Tracxn Score of 75/100, indicating a strong presence in the market.

Bank of America, a commercial bank and asset management firm from the United States, ranks second with a Tracxn Score of 74/100, showcasing its significant influence in the market.

RHB Group, a commercial bank from Malaysia, ranks third with a Tracxn Score of 64/100, demonstrating a notable presence in the market.

Public Bank Berhad, our focus, ranks fourth with a Tracxn Score of 60/100, indicating a decent market share.

CIMB, another commercial bank from Malaysia, ranks fifth with a Tracxn Score of 62/100, highlighting its substantial market presence.

Here's a list of the top 5 competitors of Public Bank Berhad, ranked by their Tracxn Score:

Maybank, a commercial bank from Malaysia, ranks seventh with a Tracxn Score of 54/100, indicating a smaller market share.

Hong Leong Bank Berhad, an Islamic focused commercial bank from Malaysia, also ranks eighth with a Tracxn Score of 54/100, highlighting its limited market presence.

AmBank, a commercial bank from Malaysia, ranks ninth with a Tracxn Score of 51/100, showing its relatively small market share.

Muamalat, a commercial bank from Malaysia, ranks tenth with a Tracxn Score of 40/100, indicating its limited influence in the market.

Public Bank Berhad has been quite active in the market lately. They secured a deal to supply solar PV solar panel systems.

In the third quarter, Public Bank's profit rose. This is according to their report on December 2nd.

Public Bank also redeemed MYR500 million bonds early. This happened on December 5th.

Their shares have been doing well, with some rallies. For instance, PUC's shares rallied over 14% on December 5th.

However, not all is well. Malaysian shares extended their losing streak, with Privasia Technology's shares slumping over 7% on December 12th.

Here's a summary of some of their recent deals:

Public Bank Berhad also signed a Conditional sale and purchase agreement to acquire a stake in LPI Capital Bhd for approximately MYR 1.7 billion. This happened on October 9th.

Public Bank Berhad's analysts have adjusted their price target to 4.5 Malaysian Ringgit from 4.4 Malaysian Ringgit, keeping their recommendation at Neutral.

The bank's valuation is substantial, with a capitalization of 86.18B Malaysian Ringgit.

Public Bank Berhad's P/E ratio is expected to be 12.3x in 2024 and 11.7x in 2025.

The bank's Enterprise Value is also substantial, ranging from 15.69B to 2,989B Malaysian Ringgit.

Here are some key valuation metrics for Public Bank Berhad:

Public Bank Berhad's free-float is 56.66%, indicating a relatively high level of liquidity in the market.

Venture capital firms invest in startups in exchange for equity, typically between 10% to 20% of the company's shares.

Startups often require multiple funding rounds to reach profitability, with each round increasing the valuation of the company.

Investors also consider the company's growth potential, market size, and competitive advantage when evaluating investment opportunities.

A company's valuation can be determined through various methods, including discounted cash flow analysis and comparable company analysis.

The right investors can provide valuable guidance, networks, and resources to help a startup succeed.

Valuation is a crucial aspect of investing, and it's essential to understand the various metrics that are used to determine the value of a company.

The capitalization of Public Bank Berhad has fluctuated over the years, ranging from 15.69B to 2,989B.

One key metric to consider is the P/E ratio, which measures the price of a stock relative to its earnings. In 2024, Public Bank Berhad's P/E ratio was 12.3x, while in 2025, it's expected to be 11.7x.

Enterprise value is another important metric, and it's calculated by adding the company's debt and equity. The enterprise value of Public Bank Berhad has also fluctuated over the years, ranging from 15.69B to 2,989B.

A lower enterprise value relative to sales can indicate a more attractive investment opportunity. In 2024, Public Bank Berhad's EV/Sales ratio was 6.23x, while in 2025, it's expected to be 5.86x.

The free-float of a company refers to the portion of its shares that are available for trading. Public Bank Berhad's free-float is 56.66%.

A higher yield can indicate a more attractive investment opportunity, especially for income investors. In 2024, Public Bank Berhad's yield was 4.64%, while in 2025, it's expected to be 4.94%.

Here's a summary of the valuation metrics for Public Bank Berhad: