Public Bank BHD traded at 4.97 this Friday February 6th, increasing 0.07 or 1.43 percent since the previous trading session. Looking back, over the last four weeks, Public Bank BHD gained 9.71 percent. Over the last 12 months, its price rose by 11.69 percent. Looking ahead, we forecast Public Bank BHD to be priced at 4.77 by the end of this quarter and at 4.50 in one year, according to Trading Economics global macro models projections and analysts expectations.
Public Bank Berhad is engaged in commercial banking and the provision of related financial services. The Company's segments include Hire Purchase, which focuses on the provision of passenger vehicle financing; Retail Operations, which focuses on providing products and services to individual customers and small and medium enterprises; Corporate Lending, which caters to the funding needs of corporate customers, including public listed companies and their related corporations; Treasury and Capital Market Operations, which is involved in trading in treasury related products and services, such as foreign exchange; Investment Banking, which caters to the business needs of corporate customers through the provision of financial solutions and direct lending; Fund Management, which consists of sale of trust units and the management of unit trust funds, and Others, which includes non-core operations, such as property holding. Its overseas business operations include locations, such as Cambodia.