BBL: Good Quality Growth
Maintain our BUY call with a target price of Bt162. Our valuation is derived from the Gordon Growth Model (ROE 6.6%, growth 2%), implying 0.6x...
262 Views
BBL: Growth Momentum to Continue
Maintain our BUY call with a target price of Bt162. Our BUY call reflects steady earnings growth; a resilient balance sheet; and undemanding...
210 Views
BBL: Strong Growth Rebound and Improving Asset Quality
Maintain our BUY call with a target price of Bt162. Our BUY call reflects steady earnings growth; a resilient balance sheet; and undemanding...
252 Views
BBL: Growth Momentum Intact
We expect BBL’s net profit to surge 165% YoY to Bt6.3bn in 4Q21, driven by lower provisions and higher net interest income. But, the profit will...
233 Views
BBL: 3Q21 Result Grew Both YoY and QoQ, Better than Our Expectation
BBL’s 3Q21 net profit was Bt6.91 bn (+72%YoY, +9%QoQ), 7% better than our forecast. Maintain our BUY rating with a target price at Bt162, derived...
97 Views