Asia300

Kasikornbank Public Co. Ltd.

Thailand

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Jun 22, 2017
Prev close: 192.5
Jun 22, 2017
Market cap:
Market cap(USD):
460,702.59M
13,558.06M
Shares: 2,393.26M

Currency in THB

Company profile

Market(Ticker): BKK(KBANK)
Sector:
Industry:
Finance
Regional Banks
Full time employees: --

Business summary

Kasikornbank Public Co. Ltd. engages in the commercial banking business, securities business, and other related businesses. It operates through the following segments: Corporate, Retail, Treasury and Capital Markets, and Muangthai Group Holding Businesses. The Corporate Business segment provides financial products and services to the high net worth individuals, government and state enterprises, and financial institutions. The Retail Business segment consists of individual customers who use deposit account, debit and credit card, personal and housing loan, investment product and financial advisory services, and transactional banking services. The Treasury and Capital Markets Business segment comprises of capital markets and treasury business and supervises bank's business in overseas countries. The Muangthai Group Holding Business segment operates life insurance and life brokerage businesses. The company was founded on June 8, 1945 and is headquartered in Bangkok, Thailand

Company background

Kasikornbank is Thailand's fourth largest bank by assets. In 2003, it changed its former English name Thai Farmers Bank to the current name which is the same sound as the Thai name. It has over 1,000 branches nationwide and some overseas branches mainly in China. Eyeing the start of the Asean Economic Community in 2015, it is planning to expand into neighboring Asean countries such as Laos, Cambodia and Myanmar.

The bank was established in 1945 by ethnic Chinese Choti Lamsam as a small bank in Bangkok and went public in 1976. Expansion was backed by a strong customer base of farmers. It has the largest portfolio of loans to small and midsize enterprises among the country's four big banks.

Current Chairman Banthoon Lamsam is the grandson of founder Choti. In 2009, the bank increased its stake in Muang Thai Group Holding, a privately held insurance company that was founded by another member of the Lamsam family, to 51% and is cooperating in sales of insurance at its bank branches.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 273,348M
Gross profit --
Operating income 55,950M
Income before tax 55,678.99M
Net income 40,174M
EBITDA --
Diluted EPS 16.79
Dividends per share 4
Total assets 2,845.86B
Total liabilities 2,491.95B
Total equity 321,746M
Operating cash flow 144,667M

Currency in THB

Revenue 7,747.83M
Gross profit --
Operating income 1,585.85M
Income before tax 1,578.17M
Net income 1,138.70M
EBITDA --
Diluted EPS 0.47
Dividends per share 0.11
Total assets 79,470.21M
Total liabilities 69,587.29M
Total equity 8,984.68M
Operating cash flow 4,100.47M

Currency in USD

Valuation measures

Dec 2016

PER 10.57
ROA 1.48%
ROE 13.22%
Operating margin 20.46%
Profit margin 14.69%

Key executive

  • Chairman & Chief Executive Officer: Banthoon Lamsam
  • Co-President & Executive Director: Teeranun Srihong
  • Co-President & Executive Director: Predee Daochai
  • Co-President & Executive Director: Kattiya Indaravijaya
  • Executive VP-Finance & Control Division: Chongrak Rattanapian

Share holders

  • GIC Pte Ltd. (Investment Management)(2.1%)
  • Social Security Office of Thailand(1.6%)
  • The Vanguard Group, Inc.(1.6%)
  • Schroder Investment Management Ltd.(0.9%)
  • Prudential Plc(0.8%)
  • APG Asset Management NV(0.5%)
  • Orbis Investment Management Ltd.(0.5%)
  • Norges Bank Investment Management(0.5%)
  • JPMorgan Asset Management (Singapore) Ltd.(0.3%)
  • The Caisse de depot et placement du Quebec(0.1%)

Address

  • Website: http://www.kasikornbank.com
  • Address: 1 Soi Rat Burana 27/1, Rat Burana Rd, Rat Burana Sub-District, Bangkok, 10140, Thailand
  • Phone: +66.2.222.0000

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