KBANK TB - Upbeat 1Q25 Earnings on Higher-Than-Expected Non-NII and Better-Than-Expected Provisions
Due to ongoing macroeconomic uncertainties and financial market volatility, we are in the process of reviewing and updating the valuation method...
182 Views
Kasikornbank - 2025E: Year of Provisioning Normalization
We maintain an Outperform rating with a new 12M fair value (FV) of Bt197 (previously Bt182), based on the earnings yield method with a required...
130 Views
Kasikornbank - In-Line 4Q24 Earnings; Provisions to Fall in 2025E
We maintain a Neutral rating with a 12-month fair value (FV) of Bt182.00, based on the earnings yield method with a required return of 11.3%.
177 Views
Kasikornbank - In-Line 3Q24 Earnings; Balance Sheet Cleanup Expected to Be Completed in 2024E
We maintain a Neutral rating with a 12M FV of Bt150.00, based on the earnings yield method and a required return of 16.6%.
249 Views
Kasikornbank - 2Q24 NP Beat Forecast by 5%; Stable Asset Quality
KBANK’s 2Q24 net profit beat our forecast by 5% at Bt12.6bn, up 15.1% YoY but down 6.1% QoQ, given higher-than-expected non- interest income.
249 Views