Bangkok Bank Public Company (BBL) investor relations material

Executive summary

• Net profit for H1 2026 was Baht 20,492 million, down 16.2% year-over-year due to lower net interest income from interest rate reductions.

• Loan growth (up 2.7% YTD) and higher net fees and service income partially offset the impact of lower rates.

• Operating expenses decreased 6.5% year-over-year, reflecting cost management and efficiency efforts.

• Expected credit losses declined, supported by prudent management.

Financial highlights

• Net interest income for H1 2026 was Baht 55,744 million, down 12.4% year-over-year.

• Net interest margin for H1 2026 was 2.46%.

• Non-interest income for H1 2026 was Baht 25,391 million, down 4.0% year-over-year, mainly due to lower gains on investments.

• Cost to income ratio for H1 2026 was 47.1%.

• Return on average equity for H1 2026 was 7.16%, down from 8.75% a year earlier.

Outlook and guidance

• The Thai economy faces ongoing uncertainties from global trade tensions and limited fiscal space.

• Tourism is recovering but remains below expectations; domestic structural constraints persist.

• The bank will continue prudent risk management and support for customers amid evolving challenges.