ENTITY
Siam Commercial Bank

Siam Commercial Bank (SCB TB)

313
Analysis
FinancialsThailand
SCB X Public Company Limited provides banking services. The Bank offers accounts, loans, cards, deposits, insurance, investment, payment, digital banking, and other related services. SCB X serves customers worldwide.
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06 Jan 2022 10:45Broker

SCB: Focusing on Quality of Growth

We expect SCB’s net profit to strongly rise 50% YoY to Bt7.4bn in 4Q21, underpinned by lower provisions and higher net fee income. But the profit...

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01 Dec 2021 10:20Broker

SCB: Positive Growth Momentum Intact

With a new holding company, SCB will be able to unlock value for its high growth potential companies ahead. SCB’s earnings are expected to strongly...

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25 Oct 2021 09:33Broker

SCB: 3Q21 Result Was Better that Our Expectation

SCB’s net profit in 3Q21 was Bt8.82 bn (+90%YoY, Stable QoQ), 10 % higher than our forecast due to a drop in provision (-23%YoY).

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07 Oct 2021 10:45Broker

SCB: Expect 3Q21 Earnings to Drop in Two Consecutive Quarter.

We reiterate our BUY rating with a new target price at Bt136 (+9% from previous TP) by rolling over target PBV to 1.04xPBV’22E , implying 5-years...

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23 Sep 2021 08:58Broker

SCB: SCBX Will Unlock Potential Growth in the Long-Term

Despite positive view to its business restructuring under SCBX and a spin-off Card X, huge loan base of Bt2.3tn could imply that group’s earnings...

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