KIATNAKIN PHATRA BANK Plc. (KKP): Upbeat Earnings Already Priced In
KKP reported 3Q25 net profit of Bt1.7bn (+28% YoY, +18% QoQ), beating our and the market’s forecasts by 23% and 33%, driven by strong non-NII...
441 Views
KKP - Upbeat 2Q25 Earnings with Lower Provisions and Losses from Reprocessed Vehicles
We maintain a Buy rating with a target price of Bt55.90, based on a PBV of 0.69x (derived from a regression model), implying upside of...
179 Views
Kiatnakin Phatra Bank - Provisioning Outlook Recovering...
We revise our fair value to Bt56.50 (from Bt70.25), following a change in our valuation approach to a PBV- based method using a 0.70x multiple...
205 Views
Kiatnakin Phatra Bank -Downbeat 1Q25 Earnings Due to Mark-To-Market Investments
Due to ongoing macroeconomic uncertainties and financial market volatility, we are in the process of reviewing and updating the valuation method...
284 Views
KKP - 2025E Earnings to Recover Due to Lower Provisions and Losses from Repossessed Vehicles
We switch to an Outperform rating with a new 12-month fair value (12M FV) of Bt69.75 (previously Buy; Bt65.25), based on the earnings yield method...
231 Views