Thailand · Delayed Price · Currency is THB TMBThanachart Bank PCL Earnings Call Transcripts
Fiscal Year 2025
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Stable net income achieved despite NII decline, with fee income and cost control offsetting rate cut impacts. Digital transformation, prudent asset management, and capital optimization remain key as loan growth faces headwinds and investment sentiment softens.
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Enhanced capital and a digital-first platform drove productivity, achieving a 10% cost structure.
Fiscal Year 2024
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2024 saw weak loan demand and declining NII, but asset quality, cost efficiency, and digital engagement improved. ROE reached 9%, with a focus on high-yield retail loans and strong capital. 2025 guidance remains cautious amid economic and NPL sale challenges.
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Net profit rose 17% year-on-year, with ROE above 9% and a stable cost-to-income ratio. Selective loan growth, digital transformation, and prudent risk management supported performance amid weak loan demand and high household debt.
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Q2 2024 saw 21% profit growth, stable NIM, and strong digital momentum despite economic headwinds. Conservative lending, cost control, and digital transformation supported asset quality and efficiency.