Back 13 May 2025

TMBThanachart Bank 1Q 2025 Results: Solid Profit, Strong Balance Sheet, and Key Approvals

Link: https://links.sgx.com/1.0.0/corporate-announcements/TQEX41V2913WJIVC/b6443943c633cca3c69201510d49c4a4a02232e73cd361bcac22cadc30cb2135

Summary:

  • TMBThanachart Bank Public Company Limited and Subsidiaries' consolidated interim financial statements for the first quarter ended 31 March 2025 have been reviewed by auditors.
  • As of 31 March 2025, the Group's consolidated financial position included Total assets of approximately Baht 1.715 trillion, Total liabilities of approximately Baht 1.472 trillion, and Total equity of approximately Baht 242.5 billion.
  • For the three-month period ended 31 March 2025, the Group reported Net interest income of approximately Baht 13.2 billion and Total operating income of approximately Baht 16.6 billion.
  • Profit for the period was approximately Baht 5.1 billion, resulting in basic earnings per share of 0.05 Baht.
  • The Annual General Meeting approved a dividend payment of Baht 0.130 per share and the acquisition of an 89.97% stake in Thanachart Securities Public Company Limited.