RHB Bank stock: RHB extends Tokio Marine talks for RHB Bank stock

Published on 10/24/2026 at 04:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

RHB Bank retains up to 35 percent in the proposed insurer. For RHB Bank stock, Q2 net income was MYR 807.15 million.

Insurance talks and earnings

Bank Negara Malaysia extended the Tokio Marine talks until February 11, 2027.
Second-quarter net income reached MYR 807.15 million for the period ended June 30, 2026.
CLSA set an MYR 8.05 price target on October 13, 2026.

RHB Bank, MYL1066OO009, Illustration mit AI erstellt.

RHB Bank is seeking more time for its Tokio Marine insurance negotiations, after Bank Negara Malaysia approved an extension through February 11, 2027. The proposal could see RHB sell up to 100 percent of RHB Insurance while retaining up to 35 percent of the enlarged entity, The Star reported on October 22, 2026.

Insurance talks reach a new deadline

The extension moves the negotiations into 2027 and gives the parties additional time for due diligence, commercial terms and transaction documents. The arrangement would combine RHB Insurance with Tokio Marine Insurans Malaysia in a larger general-insurance business, while RHB would retain a minority stake, according to The Star.

What do earnings mean for the bank?

RHB Bank reported MYR 807.15 million of net income and MYR 2.16 billion of revenue in the second quarter ended June 30, 2026, with a 37.35 percent profit margin, according to Yahoo Finance. The same page lists adjusted earnings per share of MYR 0.18 for the quarter, compared with MYR 0.20 in the first quarter of 2026.

Three dated steps in the transaction

On May 11, 2026, Bank Negara Malaysia approved negotiations covering a possible sale of up to 100 percent of RHB Insurance. On August 28, 2026, RHB reported second-quarter net income of MYR 807.15 million for the period ended June 30, 2026, according to Yahoo Finance. On October 22, 2026, the regulator extended the talks to February 11, 2027, as reported by The Star.

Analyst target and next date

CLSA upgraded RHB Bank to Accumulate from Hold and set an MYR 8.05 price target on October 13, 2026, according to MarketScreener. The next dated transaction milestone is February 11, 2027, when the regulatory extension expires unless the parties obtain another change.

Market value and investor context

RHB Bank was last quoted at MYR 7.32 on Bursa Malaysia on October 23, 2026. Its market capitalization was MYR 31.95 billion, while the quoted 52-week range was MYR 6.74 to MYR 8.94. The proposed insurance transaction therefore remains the central company-specific event, with the February deadline and the bank's retained stake defining the next milestone.