Earnings Report /
Thailand

Siam Commercial Bank PCL/The: Profit beat; lighter LLPs and higher non-NII than modeled

  • Profit was 17% above our expectation

  • SCB reported 3Q21 earnings of Bt8.8bn

  • Lending declined 0.8% QoQ for 3Q21

Poramet Tongbua
Poramet Tongbua

Equity Research Analyst

Bualuang Securities
25 October 2021