Krungthai XSpring

Krungthai XSpring is a full service broker. The company provides a wide range of investment services such as Securities Brokerage, Derivative Agent Business, Securities Borrowing and Lending, Securities Trading, Underwriting, Financial Advisory, Wealth Advisory, Private Fund Management and International Markets Securities Trading. 

In terms of credibility, Fitch Ratings has assigned Krunghtai XSpring a long-term rating of AA- and a national short-term rating of F1+ with stable outlook.

A full service Thai brokerage

Head of Research, Krungthai XSpring

Waraporn Wiboonkanarak

Head of Research

Equity Bottom-Up

<ul><li>BBL reported upbeat 3Q25 earnings of Bt14.0bn (+11% YoY, +16% QoQ), beating estimates by 27–30%, driven by strong Non-NII.</li><li>Non-NII rose 36% YoY and 33% QoQ, supported by gains from FVTPL investments of Bt5.5bn (+50% YoY, +147% QoQ) and net investment gains of Bt3.7bn (+420% YoY, +12% QoQ).</li><li>Net interest income (NII) continued to decline by 8% YoY and 3% QoQ due to lower loan volumes and a narrower NIM.</li></ul>

BBL reported upbeat 3Q25 earnings of Bt14.0bn (+11% YoY, +16% QoQ), beating estimates by 27–30%, driven by strong Non-NII.Non-NII rose 36% YoY and 33% QoQ, supported by gains from FVTPL investments of Bt5.5bn (+50% YoY, +147% QoQ) and net investment gains of Bt3.7bn (+420% YoY, +12% QoQ).Net interest income (NII) continued to decline by 8% YoY and 3% QoQ due to lower loan volumes and a narrower NIM.

BANGKOK BANK PUBLIC COMPANY LIMITED (BBL): Upbeat Earnings Lifted By Investment Gains

Bangkok Bank Public

BANGKOK BANK PUBLIC COMPANY LIMITED (BBL): Upbeat Earnings Lifted By Investment Gains