Kasikornbank PCL

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32 articles for Kasikornbank PCL

Kasikornbank PCL: Deep miss! Heavier LLPs than modeled

Earnings were 68% below our expectation. KBANK posted 4Q22 earnings of Bt3.2bn. Gross loans were up 1.3% QoQ as of YE22.
Bualuang Securities Poramet
Poramet Tongbua @ Bualuang Securities 20 January 2023

Thailand: Banks – Let profits run

4Q22 earnings projected to rise 25% YoY (flattish QoQ). KTB and BBL should post strongest YoY profit growth for 4Q22. Bottom-line expansion in 2023.
Bualuang Securities Poramet
Poramet Tongbua @ Bualuang Securities 10 January 2023

Thailand: Bank - Loans dipped 0.77% MoM in November

BBL, BAY, and KBANK led MoM lending decline for November. Lending and deposit rate rises ahead. 4Q22 earnings projected to rise 25% YoY (flattish QoQ).
Bualuang Securities Poramet
Poramet Tongbua @ Bualuang Securities 22 December 2022

Thailand: Bank - Robust earnings growth with cheap valuations for 2022-23

3Q22 aggregate profit beat our estimate. NPLs down by 4.7% QoQ. 4Q22 coverage earnings should rise 25% YoY (flattish QoQ).
Bualuang Securities Poramet
Poramet Tongbua @ Bualuang Securities 26 October 2022

Kasikornbank PCL: Profit in line with our estimate

Result was in line our expectation. KBANK posted 3Q22 earnings of Bt10.5bn. Gross loans were down 1.0% QoQ as of end-Sep 2022.
Bualuang Securities Poramet
Poramet Tongbua @ Bualuang Securities 25 October 2022

Thailand: Bank - Strong lending growth outlooks; solid financial positions

3Q22 earnings projected to rise 21% YoY but dip 3% QoQ. Profit forecast upgrades for 2023, led by higher lending rates. High Bank coverage Capital Adequacy Ratio.
Bualuang Securities Poramet
Poramet Tongbua @ Bualuang Securities 6 October 2022

Details

Thailand
Asia
Banks
About
Kasikornbank Public Company Limited provides commercial banking services including personal and commercial banking, international trade, as well as investment banking services, to its customers throughout Thailand. The Bank has foreign branches in Los Angeles, Hong Kong, Cayman Islands, and Shenzhen; and representative offices in Shanghai, Beijing, and Kunmin.

Associated topics

Financials Asia Kasikornbank PCL Thailand Banks KBANK Equity Poramet Tongbua BBL Bangkok Bank PCL KKP KTB BAY TISCO