UOB - Profit +SGD228m YoY, Trading & Investment Income +SGD320m YoY, 3Q24 Not as Great as Headline
UOB's results were good at bottom line, but we believe that they are misunderstood. Trading, investment income drove profit delta, not net interest...
753 Views
Banking Upbeat 3Q24 Earnings but a Lack of Short-Term Catalysts - OCTOBER 28, 2024
The six banks under our coverage reported a combined net profit of Bt43.6bn in 3Q24, growing 8.6% YoY and 3.0% QoQ, which was 6% above our...
263 Views
Bangkok Bank - 3Q24 NP Beat Forecast by 10%
The valuation metrics suggest that the share price implies potential upside to the fair price of just 2%, while the tactical risk is neutral.
336 Views
The Week That Was in ASEAN@Smartkarma - Siloam Intl Hospitals, BliBli & Djarum, and Delfi Ltd
The past week saw insights on Siloam International Hospitals (SILO IJ), Global Digital Niaga (BELI IJ), Delfi Ltd (DELFI SP), Bangkok Bank (BBL...
501 Views
Bangkok Bank - BBL Sees 29% Higher NPLs YTD and Core Manufacturing & Commercial Loans -4% YTD
BBL is seeing dwindling loan balances in its core segment - manufacturing and commercial loans are -4% YTD. And what's worse: its NPLs are surging,...
924 Views