Krung Thai Bank Pub (KTB) Earnings: 2Q Net Income Surges to 11.12B Baht with Strong EPS

Krung Thai Bank Pub on Smartkarma

Analyst coverage of Krung Thai Bank Pub on Smartkarma shows positive sentiments from analyst Victor Galliano. In the report titled “Thai Banks 1Q25 Screener; Krung Thai (KTB TB), the Scorecard Stand-Out,” Galliano highlights Krung Thai’s top ranking in the Thai bank peer group based on a weighted scorecard. The bank is showing strong returns with close to double-digit Return on Equity (ROE) and attractive Price-to-Book Value (PBV) and Price-to-Earnings (PE) multiples. Despite a recent share price correction due to Trump tariffs, Galliano views this as a buying opportunity for investors to potentially benefit from a valuation gap narrowing with SCBx.

In another report by Victor Galliano titled “Thai Banks 4Q24 Screener; Krung Thai (KTB TB) Is in the Early Re-Rating Stages,” Krung Thai is highlighted as the core value pick among Thai banks. With strong capital ratios, healthy credit quality, and premium returns, the bank is expected to undergo further re-rating compared to premium valuation SCBx. Krung Thai boasts the highest core capital ratios, double-digit ROE, a solid balance sheet, and attractive PBV and PE ratios within its peer group. Despite its strong share price performance, Galliano believes there is still room for Krung Thai to narrow the valuation gap with SCBx, indicating potential positive momentum ahead for the bank.

A look at Krung Thai Bank Pub Smart Scores

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, Krung Thai Bank Public Company Limited is positioned well for the long term. With consistently strong scores across Value, Dividend, Growth, and Resilience factors, the bank demonstrates stability and potential for sustainable performance. Although there is room for improvement in Momentum, the overall outlook remains positive for Krung Thai Bank Pub.

Krung Thai Bank Pub, a state-owned commercial bank, offers a wide range of banking and financial services. The Bank, majority owned by the Financial Institutions Development Fund, provides commercial, consumer, credit card, and mortgage loans, along with services in provident fund management, foreign exchange, and international trade financing. With solid scores in key areas, Krung Thai Bank Pub is positioned for continued success in the financial sector.

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