MBSB Research sets MYR 29.80 target for Hong Leong Bank stock

Published on 10/20/2026 at 02:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

MBSB Research set a MYR 29.80 target on October 16, 2026. Hong Leong Bank stock posted MYR 4.53 billion FY2026 profit.

Target and results calendar

MBSB Research set a MYR 29.80 target on October 16, 2026.
Hong Leong Bank reported MYR 4.531 billion in FY2026 profit after tax, up 6.0 percent.
The next estimated earnings date is November 26, 2026.

Hong Leong, MYL5819OO007, Illustration mit AI erstellt.

Hong Leong Bank (ISIN MYL5819OO007) drew a MYR 29.80 target from MBSB Research on October 16, 2026, while the research house kept its Buy recommendation. The target gives the Malaysian lender a fresh analyst reference after a period of pressure on banking margins and investment income.

Target reflects earnings support

According to KLSE Screener on October 16, 2026, MBSB Research named Hong Leong Bank among its preferred Malaysian banking stocks and assigned the MYR 29.80 target. The report linked the sector view to lower bond yields, possible recovery in investment losses and continued business lending demand.

The same report identified funding costs and geopolitical uncertainty as risks. For Hong Leong Bank, that makes the quality of loan growth and the ability to defend net interest margins more important than the target alone.

What do the latest results show?

Hong Leong Bank's FY2026 total income rose 4.6 percent to MYR 6.693 billion, while profit after tax increased 6.0 percent to MYR 4.531 billion. Quartr reported the figures for the fiscal year ended June 30, 2026.

The comparison is stronger at the quarterly level. Fourth-quarter profit after tax reached MYR 1.243 billion, up 14.2 percent from the prior year, while fourth-quarter total income rose 8.7 percent to MYR 1.761 billion. Loans and financing grew 7.7 percent to MYR 226.3 billion, showing that balance-sheet expansion remained a central earnings support.

Results date gives the next marker

Yahoo Finance lists November 26, 2026 as the estimated next earnings date. The date matters because the market will be looking for evidence that loan growth can offset funding-cost pressure after the FY2026 results.

Regional bank with digital reach

Hong Leong Bank is listed on Bursa Malaysia and operates across Malaysia, Singapore, Hong Kong, Vietnam, Cambodia and China. The bank says its regional network includes retail, business and corporate banking, while digital platforms are intended to improve efficiency and customer access.

The investor-relations page also identifies total assets of MYR 254.3 billion as of June 30, 2022 and describes Hong Leong Bank as Malaysia's fifth-largest banking group by assets at that time. Those historical figures provide scale, while the FY2026 results offer the more relevant comparison for the current analyst view.