RHB Bank Berhad Just Missed EPS By 12%: Here's What Analysts Think Will Happen Next

RHB Bank Berhad (KLSE:RHBBANK) missed earnings with its latest quarterly results, disappointing overly-optimistic forecasters. RHB Bank Berhad missed earnings this time around, with RM2.2b revenue coming in 6.6% below what the analysts had modelled. Statutory earnings per share (EPS) of RM0.18 also fell short of expectations by 12%. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

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After the latest results, the 16 analysts covering RHB Bank Berhad are now predicting revenues of RM9.18b in 2026. If met, this would reflect a reasonable 5.1% improvement in revenue compared to the last 12 months. Statutory per share are forecast to be RM0.79, approximately in line with the last 12 months. In the lead-up to this report, the analysts had been modelling revenues of RM9.25b and earnings per share (EPS) of RM0.80 in 2026. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

View our latest analysis for RHB Bank Berhad

It will come as no surprise then, to learn that the consensus price target is largely unchanged at RM8.98. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. There are some variant perceptions on RHB Bank Berhad, with the most bullish analyst valuing it at RM9.90 and the most bearish at RM8.40 per share. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting RHB Bank Berhad is an easy business to forecast or the the analysts are all using similar assumptions.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. It's clear from the latest estimates that RHB Bank Berhad's rate of growth is expected to accelerate meaningfully, with the forecast 10% annualised revenue growth to the end of 2026 noticeably faster than its historical growth of 4.3% p.a. over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 6.3% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect RHB Bank Berhad to grow faster than the wider industry.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. The consensus price target held steady at RM8.98, with the latest estimates not enough to have an impact on their price targets.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. At Simply Wall St, we have a full range of analyst estimates for RHB Bank Berhad going out to 2028, and you can see them free on our platform here..

It is also worth noting that we have found 1 warning sign for RHB Bank Berhad that you need to take into consideration.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.