SCB X stock highlights AI expansion as Q2 profit reaches THB 11.12 billion

Published on 10/07/2026 at 04:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SCB X stock posted Q2 2026 EPS of THB 3.30 versus THB 3.17 consensus on July 21, 2026. The SET quote was THB 148 on October 6.

SCB X, THA790010005, Illustration mit AI erstellt.

SCB X Public Company Limited (ISIN THA790010005) reported Q2 2026 net income of THB 11.12 billion, while the stock was last at THB 148 on the SET on October 6, 2026 at 4:37 p.m. ICT. The group is pairing that earnings base with new artificial intelligence and wealth products highlighted in its September 30, 2026 investor newsletter.

Profit beats quarterly expectations

According to TradingView, SCB X delivered EPS of THB 3.30 in the latest quarter against a THB 3.17 estimate, a 4.06 percent positive surprise. The same quarterly data set revenue at THB 41.22 billion versus a THB 39.73 billion forecast, while net income rose from THB 10.20 billion in the prior quarter to THB 11.12 billion.

The figures place Q2 2026 at the center of the stock story because earnings exceeded consensus even as the broader credit environment remains selective. The comparison is concrete: EPS was THB 0.13 above the estimate, while revenue exceeded the forecast by THB 1.49 billion.

AI and wealth products broaden the platform

SCBX said on September 30, 2026 that it had launched CORA, an in-house AI platform for corporate lending that can reduce document analysis from several hours to seconds. The newsletter also described SCB Gold Marketplace, which brings three gold traders onto the SCB EASY platform and supports gold transactions in U.S. dollars.

The operating angle matters because the initiatives extend SCB EASY beyond transaction banking toward wealth and investment services. SCBX also said InsureX aims to reach 1,000 insurance advisors by the end of 2026, adding a measurable distribution target to the technology and wealth strategy.

Analysts see limited upside

According to MarketScreener, the consensus rating was Accumulate across 21 analysts, with an average target of THB 158.95 and a reference close of THB 156 on September 23, 2026. Against the October 6 price of THB 148, that average target lies 7.4 percent above the stock.

KAOHOON International reported on September 21, 2026 that UBS upgraded SCB to Buy and set a THB 165 target, citing profit recovery from 2027 and dividend upside. The competing signals leave earnings delivery, asset quality and the pace of recovery as the key variables around the valuation.

Stock holds above its yearly low

SCB X was last at THB 148 on the SET on October 6, 2026 at 4:37 p.m. ICT, unchanged on the session. Its THB 126.50 to THB 160 52-week range places the quote THB 12 below the yearly high and THB 21.50 above the yearly low.