Earnings Report /
Thailand

Bangkok Bank PCL: Deep miss, due to heavy LLP

  • Earnings were 59% below our expectation

  • BBL reported a 4Q20 profit of Bt2.4bn

  • The loan portfolio at YE20 was down 0.2% QoQ but up 14.7% YoY

Suwat Bumrungchatudom
Suwat Bumrungchatudom

Equity Research Analyst 

Bualuang Securities
22 January 2021