RHB Bank Bhd (XKLS:1066) Goodwill: RM2,649 Mil (As of Mar. 2026)


XKLS:1066 RHB Bank Bhd XKLS:1066
62 GF Score
Price RM8.20
GF Value RM6.80
Valuation Modestly Overvalued
! 7 Warning Signs
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What is RHB Bank Bhd Goodwill?

RHB Bank Bhd XKLS:1066 -0.97% 62 Goodwill is RM2,649 Mil as of Mar. 2026. GuruFocus rates XKLS:1066 with a GF Score™ of 62/100 and a GF Value™ of RM6.80 (Modestly Overvalued). The stock has 7 warning signs investors should review.

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. RHB Bank Bhd's goodwill for the quarter that ended in Mar. 2026 was RM2,649 Mil.


RHB Bank Bhd  (XKLS:1066) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

RHB Bank Bhd's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Goodwill-to-Asset (A: Dec. 2025 )=Goodwill/Total Assets
=2649.307/358104.242
=0.01

RHB Bank Bhd's Goodwill-to-Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Goodwill-to-Asset (Q: Mar. 2026 )=Goodwill/Total Assets
=2649.307/365439.541
=0.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


RHB Bank Bhd Goodwill Related Terms


RHB Bank Bhd Goodwill Historical Data

* Premium members only.

The historical data trend for RHB Bank Bhd's Goodwill can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

RHB Bank Bhd Goodwill Chart

RHB Bank Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,654.12 2,654.12 2,654.12 2,649.31 2,649.31

RHB Bank Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,649.31 2,649.31 2,649.31 2,649.31 2,649.31
XKLS:1066
62GF Score
RHB Bank Bhd XKLS:1066
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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RHB Bank Bhd Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.

Frequently Asked Questions Learn more about Goodwill →
What does a Goodwill of RM2,649 Mil mean?
RHB Bank Bhd (XKLS:1066) has a Goodwill of RM2,649 Mil as of Mar. 2026. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on RHB Bank Bhd and its competitors.
Is RHB Bank Bhd's Goodwill too high?
RHB Bank Bhd's current Goodwill is RM2,649 Mil. Overall, RHB Bank Bhd has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does RHB Bank Bhd's Goodwill compare to competitors?
RHB Bank Bhd's Goodwill of RM2,649 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill for a Banks company?
A good Goodwill depends on the Banks industry context. However, Goodwill should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill mean?
A high Goodwill can signal that a stock is expensive relative to its fundamentals. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on RHB Bank Bhd and its competitors. RHB Bank Bhd's current Goodwill is RM2,649 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RHB Bank Bhd stock overvalued right now?
Based on GuruFocus' analysis, RHB Bank Bhd (XKLS:1066) is currently considered Modestly Overvalued. The stock's GF Value™ is RM6.80, compared to a current price of RM8.20 — trading 20.6% above its estimated fair value. The current Goodwill is RM2,649 Mil. RHB Bank Bhd's overall GF Score™ is 62/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill calculated?
Goodwill is calculated from a company's financial statements. For RHB Bank Bhd (XKLS:1066), the current Goodwill is RM2,649 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is RHB Bank Bhd (XKLS:1066) Overvalued in 2026?

Based on GuruFocus' analysis, RHB Bank Bhd stock appears to be overvalued. The current stock price of RM8.20 is trading 20.6% above its estimated GF Value™ of RM6.80. GuruFocus considers RHB Bank Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:1066:

  • Goodwill: RM2,649 Mil
  • GF Value™: RM6.80 vs. price of RM8.20 (20.6% above fair value)
  • GF Score™: 62/100 with 7 warning signs

No single metric tells the full story. See the XKLS:1066 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RHB Bank Bhd Business Description

Address Jalan Tun Razak, Level 10, Tower One, RHB Centre, Kuala Lumpur, SGR, MYS, 50400
RHB Bank Bhd is a financial services group in Malaysia. It engages in commercial banking and finance-related business and the provision of related services. The Group is involved in commercial banking and finance-related business, Islamic banking, investment banking, stock broking, leasing, offshore banking, property investment, general insurance, unit trust management, asset management, nominee and custodian services. Its operating segment comprises Group Community Banking, Group Wholesale Banking, Group International Business, Insurance, Support Center, and Others. Its geographic segments comprise Malaysia and Outside Malaysia. It generates the majority of its revenue from Malaysia.
62GF Score

Get the complete analysis for XKLS:1066

Goodwill is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM8.20
Price
RM6.80
GF Value