According to the 9M/60 performance of the "Commercial Banking Group", TerraBKK Research found that the banking sector has shown improved revenue figures. Specifically, Krungsri Bank (BAY) experienced the highest revenue growth of over 10.6% compared to the previous year (9M/60 = 70,160 million baht, 9M/59 = 63,435 million baht). Meanwhile, the three major banks that continue to report the highest revenue in the group are SCB (Siam Commercial Bank) with 93,453 million baht (9M/59 = 91,112 million baht), followed by KTB (Krung Thai Bank) with 92,225 million baht (9M/59 = 97,582 million baht), and KBANK (Kasikorn Bank) with 89,054 million baht (9M/59 = 86,340 million baht).

Regarding Net Profit Figures, TerraBKK Research found that the banks with significant profit growth are primarily medium-sized banks. Leading the way is TISCO Financial Group (TISCO), with net profit growing by 23% from the previous year (9M/59 = 4,568 million baht, total for 59 = 3,713 million baht) due to its ability to maintain loan interest rates and effective cost management. Following closely is Thanachart Capital (TCAP), with net profit increasing by 17.3% from the previous year (9M/59 = 5,065 million baht, total for 59 = 4,319 million baht) due to increased revenue and a reduction in bad debt expenses. Additionally, Kiattana Kin Bank (KKP) saw a net profit growth of 8.2% from the previous year (9M/59 = 4,432 million baht, total for 59 = 4,095 million baht).


For the Key Financial Ratios 9M/60, such as net profit margin, earnings per share, return on equity, and return on assets, TerraBKK Research compiled data from over 11 commercial banks for the 9M/60 performance, detailed as follows:

1. Earnings per Share (EPS)
Generally, TerraBKK Research found that this industry has earnings per share ranging from 0.70 to 7.85 baht/share, with only three banks exceeding the group average: Bangkok Bank (BBL) at 12.84 baht per share, Kasikorn Bank (KBANK) at 11.96 baht per share, and Siam Commercial Bank (SCB) at 9.99 baht per share.

2. Net Profit Margin (NPM)
The average net profit margin for 9M/60 is between 16.5% and 25.5%. The top three banks with the highest net profit margins are Kiattana Kin Bank (KKP) at 29.19%, Siam Commercial Bank (SCB) at 27.12%, and TISCO Financial Group (TISCO) at 26.54%.


3. Return on Equity (ROE)
The average ROE for 9M/60 is between 8.5% and 12.5%. The top three banks with the highest ROE are TISCO Financial Group (TISCO) at 18.62%, Kiattana Kin Bank (KKP) at 14.89%, and Siam Commercial Bank (SCB) at 13.73%, reflecting their ability to manage operations effectively for shareholder returns.

4. Return on Assets (ROA)
The average ROA for 9M/60 is mostly below 2%. The top three banks with the highest ROA are Kiattana Kin Bank (KKP) at 2.9%, TISCO Financial Group (TISCO) at 2.71%, and Siam Commercial Bank (SCB) at 2.01%, indicating the companies' efficiency in utilizing assets for returns.


TerraBKK Research concludes with a summary of the 9M/60 performance of the "Commercial Banking Group": Siam Commercial Bank (SCB) reported the highest revenue at 93,453 million baht, along with the highest net profit of 33,953 million baht. However, in terms of growth compared to the same period last year, Krungsri Bank (BAY) showed the highest revenue growth of 10.6% from the previous year, while TISCO Financial Group (TISCO) saw a net profit increase of 23% from the previous year, with the highest ROE at 18.62% in the group. Additionally, Kiattana Kin Bank (KKP) reported a net profit margin of 29.19% and the highest ROA at 2.9%. Lastly, the highest EPS of 12.84 baht per share belongs to Bangkok Bank (BBL) ---TerraBKK.

Article by: TerraBKK Investment Tips
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