CIMB weighs Philippine sale as analysts cut CIMB stock targets

Published on 10/14/2026 at 06:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The Philippine unit could fetch up to USD 200 million. A MYR 2 billion return plan shapes CIMB stock after MYR 3.85 billion first-half profit.

Capital allocation and earnings

CIMB was reported to be weighing a Philippine disposal valued at up to USD 200 million on October 7, 2026.
CIMB reported MYR 1.94 billion in second-quarter 2026 net profit and 11.2 percent annualized return on equity.
CIMB stock was at MYR 7.59 on Bursa Malaysia on October 14, 2026 at 12:26 p.m. MYT.

CIMB, MYL1023OO000, Illustration mit AI erstellt.

CIMB Group Holdings is weighing a sale of its Philippine operations that could value the business at up to USD 200 million, while analysts have cut targets for CIMB stock. Yahoo Finance reported the potential disposal on October 7, 2026, and The Edge Malaysia reported on October 1, 2026, that MBSB Research cut its target from MYR 9.29 to MYR 9.20.

Three capital decisions since May

On May 6, 2026, CIMB sold two Thai auto-financing portfolios to Krungsri, while Thailand's share of group risk-weighted assets fell to 10 percent in fiscal 2025 from 12 percent a year earlier, according to The Asian Banker.

On October 1, 2026, MBSB Research said CIMB had repurchased 20.76 million shares for MYR 163 million since September 21 as part of the MYR 2 billion capital-return plan, according to The Edge Malaysia. On October 7, 2026, the reported Philippine review became the latest step in the bank's effort to redirect capital toward larger growth markets, according to Yahoo Finance.

What does the sale mean for earnings?

The disposal would fit a broader capital-efficiency strategy, but the potential value remains small beside CIMB's regional balance sheet. The reported second-quarter 2026 net profit was MYR 1.94 billion, with annualized return on equity at 11.20 percent and the cost-to-income ratio at 45.20 percent, according to TipRanks.

CIMB's first-half 2026 net profit was MYR 3.85 billion, down 0.20 percent year over year, while revenue fell to MYR 10.97 billion from MYR 11.10 billion. The investor-relations page also lists a first interim dividend of MYR 0.1965 per share and a total payout of MYR 2.1 billion for the period, according to CIMB.

Stock valuation remains tied to execution

CIMB was at MYR 7.59 on Bursa Malaysia on October 14, 2026 at 12:26 p.m. MYT. The finance snapshot puts market capitalization at MYR 82.0 billion and the 52-week range at MYR 7.19 to MYR 8.95, making capital allocation and margin discipline the key measurable tests for the Forward30 strategy.

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