- SCB X reported a net income of 11.28 billion baht for the first quarter of 2024, beating the estimates of 11.09 billion baht.
- The earnings per share (EPS) was consistent with the estimations at 3.35 baht.
- Out of the available ratings, 17 suggested to buy, 8 recommended to hold, and 2 suggested to sell the shares of SCB X.
A look at Siam Commercial Bank Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.2 |
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 the Smartkarma Smart Scores, Siam Commercial Bank shows positive signs for long-term growth. With strong scores in Dividend and Momentum, the bank appears to be well-positioned to provide solid returns to investors. The high score in Dividend indicates a good track record of providing stable dividend payments to shareholders, while the Momentum score suggests that the stock price has been performing well relative to its peers, indicating positive market sentiment.
Additionally, Siam Commercial Bank‘s respectable scores in Value and Growth factors indicate a good balance between value and growth potential. Although the Resilience score is slightly lower, the overall outlook for SCB X Public Company Limited seems promising, as it continues to provide a wide range of banking services to customers worldwide.
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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