G Sachs expects BANK OF E ASIA's net profit for the first half of 2026 to decline by 7% year-on-year, despite a significant increase compared to the second half of 2025. The improvement is attributed to a better commercial real estate market outlook and reduced losses on properties. However, net interest income is anticipated to remain weak due to falling interest rates, and credit costs are expected to stay high. The firm raised its earnings forecasts but maintained a 'Sell' rating due to ongoing concerns in the commercial real estate sector and regulatory impacts.
