Bangkok Bank reports a net profit of Baht 10,994 million for the first quarter of 2026
April 21, 2026
In the first quarter of 2026, the Thai economy continued to face pressures from both external factors and domestic structural constraints, particularly geopolitical tensions in the Middle East and the slowdown in the global economy, which weighed on business confidence and private investment. Although exports continued to expand, supported by demand from major trading partners, the pace of growth began to slow compared to the previous period. At the same time, the tourism sector recovered below expectations, especially as the Chinese market has not yet fully returned, while the fluctuations of the Thai baht in some periods also reduced Thailand’s price competitiveness. In addition, conflicts in the Middle East led to higher global oil prices, which have begun to pass through to costs across the economy. Meanwhile, fiscal policy remains constrained by the budget framework and the level of public debt, limiting the government’s ability to introduce additional stimulus measures. As a result, Thailand’s economic recovery is expected to remain fragile and vulnerable to both external and domestic risks.
Amid ongoing global economic uncertainty, driven by tensions in the Middle East and elevated energy prices, inflation is expected to remain heightened in the period ahead. These developments continue to place pressures on the business sector, particularly through rising costs and competitiveness. Bangkok Bank recognizes that such risks are widespread and inherently difficult to assess. Against this backdrop, the Bank remains committed to supporting and advising its customers, standing alongside them as a “trusted partner and reliable close friend.” The Bank continues to prioritize enhancing customers’ liquidity, through solutions that are appropriately tailored to individual business needs, enabling them to sustain operations amid this volatility. At the same time, Bangkok Bank maintains a prudent approach to its operations, with a strong emphasis on disciplined risk management. The Bank continues to preserve the strength of its financial position, liquidity, and capital, ensuring resilience and reinforcing confidence in the Bank’s ability to stand alongside its customers through these challenging times.
Bangkok Bank reports a net profit of Baht 10,994 million for the first quarter of 2026
Bangkok Bank and its subsidiaries reported a net profit of Baht 10,994 million in the first quarter of 2026, a decrease of 12.9 percent compared with the same quarter last year from total operating income. Net interest income declined by 12.3 percent following the Bank’s interest rate reductions, as a result the net interest margin stood at 2.49 percent. Non‑interest income decreased by 6.6 percent mainly from gains on investments and loan related fees. Meanwhile, dividend income and securities related fees increased. The Bank’s operating expenses decreased by 12.0 percent, and the cost to income ratio stood at 44.7 percent, as the Bank continues to place emphasis on ongoing operational efficiency enhancement alongside appropriate cost management. In this quarter, the Bank set aside expected credit losses at Baht 9,003 million under its consistently prudent management approach to accommodate an increasingly challenging economic environment.
Bangkok Bank continues to operate with its prudent management approach and retains financial, liquidity and capital positions at healthy and appropriate levels
At the end of March 2026, the Bank’s total loans amounted to Baht 2,661,368 million, an increase of 2.0 percent from the end of last year due mainly to loans to large corporate customers. The non-performing loan to total loans ratio was at a manageable level of 3.1 percent. Under the Bank’s continuous prudent management approach, the ratio of the allowance for expected credit losses to non-performing loan remained strong at 318.1 percent.
As of March 31, 2026, the Bank’s deposits amounted to Baht 3,233,560 million, increased by 0.9 percent from the end of last year, with the loan to deposit ratio at 82.6 percent. The total capital adequacy ratio, Tier 1 capital adequacy ratio, and Common Equity Tier 1 capital adequacy ratio of the Bank and its subsidiaries stood at 20.9 percent, 16.4 percent and 16.4 percent, respectively, comfortably above the Bank of Thailand’s minimum capital requirements.
Amid ongoing global economic uncertainty, driven by tensions in the Middle East and elevated energy prices, inflation is expected to remain heightened in the period ahead. These developments continue to place pressures on the business sector, particularly through rising costs and competitiveness. Bangkok Bank recognizes that such risks are widespread and inherently difficult to assess. Against this backdrop, the Bank remains committed to supporting and advising its customers, standing alongside them as a “trusted partner and reliable close friend.” The Bank continues to prioritize enhancing customers’ liquidity, through solutions that are appropriately tailored to individual business needs, enabling them to sustain operations amid this volatility. At the same time, Bangkok Bank maintains a prudent approach to its operations, with a strong emphasis on disciplined risk management. The Bank continues to preserve the strength of its financial position, liquidity, and capital, ensuring resilience and reinforcing confidence in the Bank’s ability to stand alongside its customers through these challenging times.
Bangkok Bank reports a net profit of Baht 10,994 million for the first quarter of 2026
Bangkok Bank and its subsidiaries reported a net profit of Baht 10,994 million in the first quarter of 2026, a decrease of 12.9 percent compared with the same quarter last year from total operating income. Net interest income declined by 12.3 percent following the Bank’s interest rate reductions, as a result the net interest margin stood at 2.49 percent. Non‑interest income decreased by 6.6 percent mainly from gains on investments and loan related fees. Meanwhile, dividend income and securities related fees increased. The Bank’s operating expenses decreased by 12.0 percent, and the cost to income ratio stood at 44.7 percent, as the Bank continues to place emphasis on ongoing operational efficiency enhancement alongside appropriate cost management. In this quarter, the Bank set aside expected credit losses at Baht 9,003 million under its consistently prudent management approach to accommodate an increasingly challenging economic environment.
Bangkok Bank continues to operate with its prudent management approach and retains financial, liquidity and capital positions at healthy and appropriate levels
At the end of March 2026, the Bank’s total loans amounted to Baht 2,661,368 million, an increase of 2.0 percent from the end of last year due mainly to loans to large corporate customers. The non-performing loan to total loans ratio was at a manageable level of 3.1 percent. Under the Bank’s continuous prudent management approach, the ratio of the allowance for expected credit losses to non-performing loan remained strong at 318.1 percent.
As of March 31, 2026, the Bank’s deposits amounted to Baht 3,233,560 million, increased by 0.9 percent from the end of last year, with the loan to deposit ratio at 82.6 percent. The total capital adequacy ratio, Tier 1 capital adequacy ratio, and Common Equity Tier 1 capital adequacy ratio of the Bank and its subsidiaries stood at 20.9 percent, 16.4 percent and 16.4 percent, respectively, comfortably above the Bank of Thailand’s minimum capital requirements.
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