Bangkok Bank Public Company (BBL) Q1 2025 earnings summary

Executive summary

• Net profit for Q1 2025 was Baht 12,703 million, up from Baht 10,633 million year-over-year, with strong growth in domestic banking and investment banking segments.

• Total comprehensive income declined to Baht 8,344 million from Baht 26,748 million due to significant losses on equity investments at fair value through OCI.

• Earnings per share rose to Baht 6.61 from Baht 5.51 year-over-year.

Financial highlights

• Total assets increased to Baht 4,628,379 million as of March 31, 2025, from Baht 4,551,379 million at year-end 2024.

• Net interest income for Q1 2025 was Baht 31,908 million, down from Baht 33,422 million year-over-year.

• Net fees and service income rose to Baht 7,592 million from Baht 6,927 million year-over-year.

• Expected credit loss increased to Baht 9,067 million from Baht 8,582 million year-over-year.

• Non-performing loans (NPLs) ratio rose to 2.97% from 2.66% at year-end 2024.

Outlook and guidance

• The bank maintains compliance with all capital adequacy requirements and continues to monitor regulatory changes.

• Shareholders approved a dividend of Baht 6.50 per share for 2024, paid in May 2025.

• Approval for new bond issuance up to Baht 150,000 million to support future funding needs.