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Finance

Bangkok Bank Public Co. Ltd.

Company Background

Bangkok Bank is Thailand's largest commercial bank and one of the largest regional banks in Southeast Asia with total assets of around $75 billion. It operates more than 1,200 branches.

 

The bank was established in 1944 by ethnic Chinese Chin Sophonpanich starting from two shop houses in Bangkok's Chinatown. Chin's second son, Chatri, who was the bank's president from 1980 to 1992, put the bank on a fast growth track. Chatri is currently the bank's chairman, his eldest son Chartsiri has been president since 1994.

 

The bank has been expanding abroad since 1954 when it opened its first overseas branch in Hong Kong. Branches in Tokyo and Singapore followed. Currently, Bangkok Bank has around 30 branches in more than 10 countries and regions. It has an especially strong presence in China, where it has branches in major cities such as Shanghai and Beijing.

 

Business Summary

Bangkok Bank Public Co. Ltd. engages in the provision of commercial banking services. It operates through the following business segments: Domestic Banking, International Banking, Investment Banking, and Others. The Domestic Banking segment provides loans, deposits, trade finance, remittances and payments, electronic services, credit cards, debit cards, and related other financial services. The International Banking segment includes financial services through overseas branches and subsidiaries. The Investment Banking segment comprises project services, corporate finance services, financial advisory services, securities business services, business strategic management by trading financial instruments including liquidity management of the bank. The Others segment relates to the fund management services, securities services, assets management services, and others, including operating expenses not allocated to operating segments. The company was founded by Chin Sophonpanich on November 20, 1944 and is headquartered in Bangkok, Thailand.

Financial Highlights

Dec 2021 THBUSD
Revenue176,836.27M5,523.33M
Gross Profit----
Operating income32,413.28M1,012.40M
Income before tax32,932.48M1,028.61M
Net income26,507.04M827.92M
EBITDA----
Diluted EPS13.880.43
Dividends Per Share3.500.10
Total Assets4,333.28B129,719.53M
Total liabilities3,838.68B114,913.59M
Total equity492,727.06M14,750.09M
Operating cash flow120,148.32M3,752.73M
Currency in THBCurrency in USD

Historical Data

 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 160,930.78M 172,202.40M 184,295.30M 163,810.51M 176,836.27M
Gross Profit -- -- -- -- --
Operating income 41,579.50M 45,820.77M 45,070.78M 20,838.72M 32,413.28M
Income before tax 40,945.56M 44,193.40M 46,339.33M 21,572.84M 32,932.48M
Net income 33,008.71M 35,329.97M 35,816.09M 17,180.58M 26,507.04M
EBITDA -- -- -- -- --
Diluted EPS 17.29 18.50 18.76 9.00 13.88
Dividends Per Share 6.50 6.50 7 2.50 3.50
Total Assets 3,076.31B 3,116.75B 3,216.74B 3,822.95B 4,333.28B
Total liabilities 2,674.30B 2,703.59B 2,788.62B 3,372.71B 3,838.68B
Total equity 401,723.61M 412,814.24M 427,751.21M 449,013.68M 492,727.06M
Operating cash flow 42,399.32M 54,030.32M 23,971.29M 67,812.95M 120,148.32M
 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 4,742.53M 5,326.85M 5,936.43M 5,234.37M 5,523.33M
Gross Profit -- -- -- -- --
Operating income 1,225.32M 1,417.40M 1,451.79M 665.87M 1,012.40M
Income before tax 1,206.64M 1,367.06M 1,492.66M 689.33M 1,028.61M
Net income 972.74M 1,092.88M 1,153.69M 548.98M 827.92M
EBITDA -- -- -- -- --
Diluted EPS 0.50 0.57 0.60 0.28 0.43
Dividends Per Share 0.19 0.20 0.22 0.07 0.10
Total Assets 94,394.30M 95,723.28M 107,390.32M 127,602.12M 129,719.53M
Total liabilities 82,059.01M 83,034.12M 93,097.74M 112,573.85M 114,913.59M
Total equity 12,326.59M 12,678.56M 14,280.38M 14,987.10M 14,750.09M
Operating cash flow 1,249.48M 1,671.35M 772.15M 2,166.88M 3,752.73M

Valuation Measures

Dec 2021
PER8.74
ROA0.64%
ROE5.62%
Operating margin18.32%
Profit margin14.98%

Key executives

  • Executive Chairman-Management Board & Director: Deja Tulananda
  • President & Executive Director: Chartsiri Sophonpanich
  • Executive VP, Manager-Finance & Accounting: Oranuch Nampoolsuksan
  • Executive VP & Manager-Research Department: Piyapan Tayanithi
  • Executive Vice President-Technology Division: Kajornvut Tayanukorn

Shareholders

  • Social Security Office of Thailand (4.8%)
  • Norges Bank Investment Management (2.5%)
  • Bangkok Insurance Public Co., Ltd. (Investment Portfolio) (1.7%)
  • Krungsri Asset Management Co., Ltd. (0.6%)
  • Newton Investment Management Ltd. (0.3%)
  • TMB Asset Management Co., Ltd. (0.3%)
  • SOPHONPANICH CHARTSIRI (0.2%)
  • Schroder Investment Management Ltd. (0.1%)
  • West Yorkshire Pension Fund (0.0%)
  • McKinley Capital Management LLC (0.0%)

Contact Details

Related Companies

  • Bangkok Bank Public Co. Ltd. (United Kingdom)
  • Bualuang Ventures Ltd.
  • Kasisuri Co. Ltd.
  • Bangkok Bank Public Co. Ltd. (Philippines)
  • Bangkok Bank Public Co. Ltd. (Myanmar)
  • Bangkok Bank Public Co. Ltd. (Taiwan)
  • Bangkok Bank Public Co. Ltd. (Cambodia)
  • Bangkok Bank Plc (Laos)
  • Bangkok Bank PCL (Vietnam)
  • Registered Provident Fund of Bangkok Bank Ltd.
  • Bangkok Bank Plc (United Kingdom)
  • Bangkok Bank Plc (Indonesia)
  • Bangkok Bank Plc (Japan)
  • Bangkok Bank Plc (Singapore)
  • Bangkok Bank Plc (Hong Kong Branch)
  • Bangkok Bank (China) Co., Ltd.
  • Kamolkij Co. Ltd.
  • BBL (Cayman) Ltd.
  • Bangkok Bank Bhd.
  • Bangkok Bank Plc (New York Branch)
  • BBL Asset Management Co., Ltd.
  • http://www.stamc.com/about-us/
  • Sinsuptawee Asset Management Ltd.
  • Thai Precision Manufacturing Co Ltd
  • PT Bank Permata Tbk
  • Bualuang Securities Public Co., Ltd.

Competitors

  • Mitsubishi UFJ Financial Group, Inc.
  • Kasikornbank Public Co. Ltd.
  • KGI Securities (Thailand) Public Co., Ltd.
  • CIMB Thai Bank Public Co. Ltd.
Last Updated on 30 Sep, 2022

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