- Bangkok Bank’s net income for the second quarter was 11.84 billion baht, surpassing the estimated 11.05 billion baht.
- Earnings per share (EPS) were 6.20 baht, higher than the estimated 5.82 baht.
- Net interest income reached 31.71 billion baht, exceeding expectations of 30.98 billion baht.
- The net interest margin was 2.81% for the quarter.
- Loan to deposit ratio stood at 84.9%.
- The bank reported an expected credit loss of 10.74 billion baht.
- Second-quarter net profit increased by 0.3% year-on-year, while the first-half net profit grew by 9.5% year-on-year, aided by higher operating income.
- Net interest income for the second quarter dropped 4.3% year-on-year, reflecting current interest rate trends.
- Non-performing loans totaled 105.5 billion baht by June-end, with a gross non-performing loan ratio of 3.2% of total loans.
- The bank maintained a robust allowance for expected credit losses with a ratio of 283.6% to non-performing loans.
- Total loans amounted to 2.7 trillion baht at the end of June, a 0.7% increase from the end of 2024, driven mainly by large corporate client loans.
- There are 18 buy ratings, 6 hold ratings, and 3 sell ratings for Bangkok Bank.
A look at Bangkok Bank Public Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Looking ahead, Bangkok Bank Public Company Limited, a leading financial institution, shows promising long-term potential based on its Smartkarma Smart Scores. With solid scores across key factors such as Value, Dividend, Growth, and Momentum, the company is well-positioned for continued success. While scoring slightly lower in Resilience, Bangkok Bank still maintains a strong overall outlook in the banking sector.
Bangkok Bank Public offers a wide range of banking and financial services, catering to commercial and consumer needs, credit card services, mortgage lending, international trade financing, as well as investment banking and securities services. With a balanced combination of positive Smart Scores, Bangkok Bank emerges as a solid player in the financial industry with strong growth prospects and a commitment to value creation for its shareholders.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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