CIMB Group Holdings stock weighs Philippine sale at MYR 7.70

Published on 10/07/2026 at 02:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CIMB Group Holdings stock was last at MYR 7.70 on October 6, 2026, as the lender weighed a Philippine sale valued up to USD 200 million. First-half profit fell 0.2 percent.

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CIMB Group Holdings stock was last at MYR 7.70 on Bursa Malaysia on October 6, 2026 at 4:58 p.m. MYT, down 0.39 percent from the prior close. The Malaysian lender is weighing a sale of its Philippine business, giving investors a strategic question alongside a softer first-half earnings picture.

Philippine sale puts strategy first

According to The Star on October 6, 2026, CIMB is working with a financial adviser and has contacted potential buyers for its Philippine operations.

The possible transaction could value the business at up to USD 200 million, while CIMB's Philippine platform had 10 million customers by September 2025, according to the report. The deliberations remain ongoing, so the reported valuation is a potential transaction value rather than booked proceeds for CIMB.

First half profit edges lower

The Edge Malaysia reported that CIMB's first-half 2026 net profit fell 0.2 percent year over year to MYR 3.85 billion, while revenue declined to MYR 10.97 billion from MYR 11.10 billion.

The same June 30, 2026 reporting period showed net interest margin at 2.04 percent, down four basis points from the prior quarter and 11 basis points from a year earlier. Annualized return on equity was 11 percent, within CIMB's full-year target range of 11 percent to 11.5 percent.

Asset quality offered a counterweight: the gross impaired loan ratio stood at 1.6 percent at the end of June, compared with 1.7 percent three months earlier. The numbers leave margin pressure as the key operating issue while management pursues its broader regional strategy.

Consensus target sits above shares

According to MarketScreener, the consensus rating is BUY from 19 analysts, with an average target price of MYR 8.888. Against the MYR 7.70 reference price, that target lies 15.4 percent above the price.

The Edge separately cited 15 buy recommendations and five hold recommendations, alongside a 12-month average target of MYR 8.88. The differing analyst counts reflect the publishing date and methodology, but both snapshots place the central target above the current Bursa Malaysia quotation.

Stock remains below yearly high

CIMB Group Holdings stock was last at MYR 7.70 on October 6, 2026, with a 52-week range of MYR 7.20 to MYR 8.95. The price stood 13.97 percent below the yearly high, while the market capitalization was MYR 83.2 billion and volume reached 9,345,700 shares.

For investors, the strategic value of a Philippine disposal must be weighed against the bank's 2.04 percent net interest margin and the 0.2 percent first-half profit decline. The potential sale adds an efficiency angle, but the earnings figures keep operating execution central to the CIMB stock story.