Finance
Bangkok Bank Public Co. Ltd.
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- Thailand leads M&A push in Southeast Asia to fight slow economy Dec 30, 2019 See more articles on 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 2019 | THB | USD |
| Revenue | 184,295.30M | 5,936.43M |
| Gross Profit | -- | -- |
| Operating income | 45,070.78M | 1,451.79M |
| Income before tax | 46,339.33M | 1,492.66M |
| Net income | 35,816.09M | 1,153.69M |
| EBITDA | -- | -- |
| Diluted EPS | 18.76 | 0.60 |
| Dividends Per Share | 7 | 0.22 |
| Total Assets | 3,216.74B | 107,390.32M |
| Total liabilities | 2,788.62B | 93,097.74M |
| Total equity | 427,751.21M | 14,280.38M |
| Operating cash flow | 23,971.29M | 772.15M |
| Currency in THB | Currency in USD |
Historical Data
| Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | |
| Revenue | 155,003M | 151,696M | 160,930.78M | 172,202.40M | 184,295.30M |
| Gross Profit | -- | -- | -- | -- | -- |
| Operating income | 40,989M | 38,574M | 41,921.50M | 45,820.77M | 45,070.78M |
| Income before tax | 42,838.06M | 39,527M | 40,945.56M | 44,193.40M | 46,339.33M |
| Net income | 34,181M | 31,815M | 33,008.71M | 35,329.97M | 35,816.09M |
| EBITDA | -- | -- | -- | -- | -- |
| Diluted EPS | 17.91 | 16.67 | 17.29 | 18.50 | 18.76 |
| Dividends Per Share | 6.50 | 6.50 | 6.50 | 6.50 | 7 |
| Total Assets | 2,835.85B | 2,944.23B | 3,076.31B | 3,116.75B | 3,216.74B |
| Total liabilities | 2,473.82B | 2,564.98B | 2,674.30B | 2,703.59B | 2,788.62B |
| Total equity | 361,832M | 379,015M | 401,723.61M | 412,814.24M | 427,751.21M |
| Operating cash flow | 69,413M | 52,702M | 42,399.32M | 54,030.32M | 23,971.29M |
| Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | |
| Revenue | 4,522.64M | 4,299.70M | 4,742.53M | 5,326.85M | 5,936.43M |
| Gross Profit | -- | -- | -- | -- | -- |
| Operating income | 1,195.96M | 1,093.34M | 1,235.40M | 1,417.40M | 1,451.79M |
| Income before tax | 1,249.91M | 1,120.36M | 1,206.64M | 1,367.06M | 1,492.66M |
| Net income | 997.32M | 901.77M | 972.74M | 1,092.88M | 1,153.69M |
| EBITDA | -- | -- | -- | -- | -- |
| Diluted EPS | 0.52 | 0.47 | 0.50 | 0.57 | 0.60 |
| Dividends Per Share | 0.18 | 0.18 | 0.19 | 0.20 | 0.22 |
| Total Assets | 78,806.50M | 82,216.94M | 94,394.30M | 95,723.28M | 107,390.32M |
| Total liabilities | 68,745.89M | 71,626.61M | 82,059.01M | 83,034.12M | 93,097.74M |
| Total equity | 10,055.07M | 10,583.90M | 12,326.59M | 12,678.56M | 14,280.38M |
| Operating cash flow | 2,025.31M | 1,493.79M | 1,249.48M | 1,671.35M | 772.15M |
Valuation Measures
| Dec 2019 | |
| PER | 8.52 |
| ROA | 1.13% |
| ROE | 8.52% |
| Operating margin | 24.45% |
| Profit margin | 19.43% |
Key executives
- President & Executive Director: Chartsiri Sophonpanich
- Executive Vice President-Operations & Control: Kamolrut Silapatkul
- EVP, Manager-Accounting & Finance Division: Benjaporn Prisuwanna
- Senior Executive VP & Manager-Technology Division: Suteera Sripaibulya
- EVP & Manager-Research Department: Piyapan Tayanithi
Shareholders
- Social Security Office of Thailand (3.3%)
- Bangkok Insurance Public Co., Ltd. (Investment Portfolio) (1.7%)
- Estate Of Sophonpanich Chatri (0.9%)
- Government Savings Bank of Thailand (Investment Portfolio) (0.8%)
- Bangkok Life Assurance Public Co., Ltd. (Investment Portfolio) (0.7%)
- BBL Asset Management Co., Ltd. (0.7%)
- Norges Bank Investment Management (0.7%)
- Swai-Prapas & Butra Co., Ltd. (0.5%)
- Chatrian Holding Co. Ltd. (0.5%)
- Selangor Holdings, Inc. (0.5%)
Contact Details
- Website:http://www.bangkokbank.com
- Address: 333 Silom Road, Bangrak, Bangkok, 10500, Thailand
- Phone: +66.2.231.4981
Related Companies
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- 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
- Bualuang Securities Public Co. Ltd.
Competitors
- Krung Thai Bank Public Co., Ltd.
- Kasikornbank Public Co. Ltd.
- Mitsubishi UFJ Financial Group, Inc.
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Last Updated on 7 Aug, 2020