Sequential dip in earnings seen for CIMB

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The story "Sequential dip in earnings seen for CIMB" was covered 15 hours ago by The Star, a news publisher based in Malaysia.

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The Star 15h ago

Sequential dip in earnings seen for CIMB - The Star

Quick Summary:

PETALING JAYA: CIMB Group Holdings Bhd’s upcoming fourth quarter financial year 2024 results (4Q24) are likely to see a contraction in net interest margin (NIM) and softer non-interest income (NOII).

Shares of CIMB closed at RM8.02 last Friday, down about 1% since the start of the year.

These are some of the key takeaways from CIMB pre-closed period conference call where discussions were around its broad operational trends in 4Q24.