Earnings Alerts

Earnings Update: TMBThanachart Bank’s 1Q Net Income Surpasses Estimates

  • TMBThanachart Bank PCL has exceeded net income expectations for Q1.
  • Their net income reached 5.33 billion baht, which beats the estimated 5.13 billion baht.
  • Their Earnings Per Share (EPS) stands at 0.050 baht, in line with forecasted estimates.
  • With 19 buys, 4 holds, and 2 sells, TMBThanachart Bank PCL presents a strong buying interest from investors.

A look at TMBThanachart Bank Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth4
Resilience5
Momentum5
OVERALL SMART SCORE4.4

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

Based on Smartkarma Smart Scores, TMBThanachart Bank shows a promising long-term outlook. With strong scores in Value, Dividend, Growth, Resilience, and Momentum, the bank is positioned well across various factors. This indicates a positive overall outlook for the company.

TMBThanachart Bank, a leading provider of banking and financial services in Thailand, is recognized for its full range of services including lending, retail and wholesale banking, international trade financing, and investment banking. With branches in key locations like Hong Kong, Laos, and the Cayman Islands, the bank is well-positioned for growth and stability in the long term.


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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