Bangkok Bank stock: Nine-month profit falls as margin narrows
Published on 11/10/2026 at 03:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSProfit declines as margins narrow
- Bangkok Bank reported lower nine-month profit after interest-rate reductions weakened net interest income.
- Loan growth, fee income and lower credit losses partly offset pressure from the lower-rate environment.
- The bank maintained strong capital and credit-loss coverage ratios at the end of September.
On October 20, Bangkok Bank reported a net profit of 29,981 million baht for the nine months ended September 30, 2026. The bank said the result declined from the same period a year earlier as lower interest rates reduced net interest income and eased customer financing costs.
Lower rates pressure core income
Bangkok Bank's net interest margin stood at 2.47 percent. Non-interest income also fell, mainly because of lower investment gains, although net fee and service income increased on stronger bancassurance, mutual fund and securities activity.
Operating expenses decreased by 4.6 percent, bringing the cost-to-income ratio to 48.2 percent. Expected credit losses declined by 13.9 percent, helping offset part of the pressure on earnings.
Loan growth supports the balance sheet
Loans reached 2,692,861 million baht at the end of September, up 3.2 percent from the end of 2025. Growth came mainly from large corporate customers and lending through the bank's international network. The non-performing loan ratio stood at 3.2 percent, while allowance coverage for non-performing loans was 322.1 percent.
Deposits rose 0.8 percent to 3,221,930 million baht, and the loan-to-deposit ratio was 83.6 percent. The total capital adequacy ratio was 21.5 percent, with Tier 1 and common equity Tier 1 ratios both at 17.1 percent.
Bangkok Bank at a glance
- Company: Bangkok Bank Public Company Limited
- Reporting period: Nine months ended September 30, 2026
- Net profit: 29,981 million baht
- Net interest margin: 2.47 percent
- Loans: 2,692,861 million baht
- Non-performing loan ratio: 3.2 percent
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