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Finance
Kasikornbank Public Co. Ltd.
- 214.00 THB
- -1.00
- -0.47%
Thailand
Aug 17, 2018Ticker
BKK(KBANK)Prev. close
215.00Market cap (THB)
514,551MMarket cap (USD)
15,475.20MShares
2,393.26M
In the news
- Thailand's oldest lender's mantra: Go digital May 11, 2018
- Thai banks' profits strained by need for digital investments Apr 21, 2018
- Private banking finds a warm welcome among emerging Asia's wealthy Mar 27, 2018
- Thailand's leading banks to share blockchain platform Mar 20, 2018
- Asia Inc. comes roaring back in 2017 Mar 16, 2018 See more articles on Kasikornbank Public Co. Ltd.
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.
Business Summary
Kasikornbank Public Co. Ltd. engages in the commercial banking, securities, 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
Financial Highlights
| Dec 2017 | THB | USD |
| Revenue | 286,062.63M | 8,430.08M |
| Gross Profit | -- | -- |
| Operating income | 48,401.29M | 1,426.35M |
| Income before tax | 48,516.67M | 1,429.75M |
| Net income | 34,338.24M | 1,011.92M |
| EBITDA | -- | -- |
| Diluted EPS | 14.35 | 0.42 |
| Dividends Per Share | 4 | 0.11 |
| Total Assets | 2,900.84B | 89,010.14M |
| Total liabilities | 2,513.01B | 77,110.10M |
| Total equity | 348,625.12M | 10,697.30M |
| Operating cash flow | 146,121.95M | 4,306.12M |
| Currency in THB | Currency in USD |
Historical Data
| Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | |
| Revenue | 210,044M | 239,085M | 258,722M | 273,353.21M | 286,062.63M |
| Gross Profit | -- | -- | -- | -- | -- |
| Operating income | 60,198M | 64,213M | 56,786M | 55,618.29M | 48,401.29M |
| Income before tax | 56,109M | 62,906M | 54,385M | 55,678.99M | 48,516.67M |
| Net income | 41,325M | 46,153M | 39,474M | 40,174.10M | 34,338.24M |
| EBITDA | -- | -- | -- | -- | -- |
| Diluted EPS | 17.27 | 19.28 | 16.49 | 16.79 | 14.35 |
| Dividends Per Share | 3.50 | 4 | 4 | 4 | 4 |
| Total Assets | 2,290.04B | 2,389.13B | 2,555.30B | 2,843.27B | 2,900.84B |
| Total liabilities | 2,053.03B | 2,108.45B | 2,243.09B | 2,489.36B | 2,513.01B |
| Total equity | 219,232M | 257,059M | 285,800M | 321,746.11M | 348,625.12M |
| Operating cash flow | 97,233M | 113,123M | 133,687M | 144,666.40M | 146,121.95M |
| Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | |
| Revenue | 6,835.31M | 7,360.18M | 7,548.93M | 7,747.98M | 8,430.08M |
| Gross Profit | -- | -- | -- | -- | -- |
| Operating income | 1,958.98M | 1,976.78M | 1,656.88M | 1,576.45M | 1,426.35M |
| Income before tax | 1,825.91M | 1,936.54M | 1,586.83M | 1,578.17M | 1,429.75M |
| Net income | 1,344.81M | 1,420.81M | 1,151.76M | 1,138.70M | 1,011.92M |
| EBITDA | -- | -- | -- | -- | -- |
| Diluted EPS | 0.56 | 0.59 | 0.48 | 0.47 | 0.42 |
| Dividends Per Share | 0.11 | 0.12 | 0.11 | 0.11 | 0.11 |
| Total Assets | 69,690.95M | 72,618.11M | 71,010.28M | 79,397.89M | 89,010.14M |
| Total liabilities | 62,478.32M | 64,086.62M | 62,334.08M | 69,514.99M | 77,110.10M |
| Total equity | 6,671.69M | 7,813.34M | 7,942.19M | 8,984.68M | 10,697.30M |
| Operating cash flow | 3,164.18M | 3,482.46M | 3,900.69M | 4,100.45M | 4,306.12M |
Valuation Measures
| Dec 2017 | |
| PER | 16.16 |
| ROA | 1.19% |
| ROE | 10.24% |
| Operating margin | 16.91% |
| Profit margin | 12.00% |
Key executives
- Chairman & Chief Executive Officer: Banthoon Lamsam
- Co-President & Executive Director: Predee Daochai
- Co-President & Executive Director: Kattiya Indaravijaya
- Co-President & Director: Pipit Aneaknithi
- Executive VP-Finance & Control Division: Chongrak Rattanapian
Shareholders
- Social Security Office of Thailand (2.0%)
- GIC Pte Ltd. (Investment Management) (1.5%)
- Schroder Investment Management Ltd. (1.3%)
- Prudential Plc (1.0%)
- Norbax, Inc. (0.9%)
- TMB Asset Management Co., Ltd. (0.7%)
- The Vanguard Group, Inc. (0.6%)
- Orbis Investment Management Ltd. (0.5%)
- Aberdeen Asset Management (Asia) Ltd. (0.4%)
- Norges Bank Investment Management (0.3%)
Contact Details
- 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
Related Companies
- Kasikorn Business-Technology Group
- KASIKORNTHAI BANK Ltd.
- Kasikornbank Public Co. Ltd. (Shenzhen Branch)
- Kasikornbank Public Co. Ltd. (Los Angeles Branch)
- Starbright Finance Co., Ltd.
- Kasikornbank Public Co. Ltd. (Cayman Islands)
- Kasikornbank Public Co. Ltd. (Hong Kong Branch)
- Thanyathamrongkij Co. Ltd.
- Kasikorn Research Center Co. Ltd.
- Progress Training Co. Ltd.
- KHAO KLA Venture Capital Management Co. Ltd.
- Thanyanithiwattana Co. Ltd.
- Thanyathanathavee Co. Ltd.
- Kasikorn Factory & Equipment Co. Ltd.
- Kasikorn Factoring Co. Ltd.
- Progress Software Co. Ltd.
- Kasikorn Leasing Co. Ltd.
- Kasikorn Securities Public Co. Ltd.
- Kasikorn Asset Management Co. Ltd.
Competitors
- Krung Thai Bank Public Co., Ltd.
- Kiatnakin Bank Public Co. Ltd.
- Sumitomo Mitsui Trust Holdings, Inc.
- TISCO Financial Group Public Co. Ltd.
- Siam Commercial Bank Public Company Limited
- Thanachart Capital Public Co., Ltd.
- Mitsubishi UFJ Financial Group, Inc.
- LH Financial Group PCL
- Mega Financial Holding Co., Ltd.
- Industrial and Commercial Bank of China Limited Class H
- CIMB Group Holdings Bhd
- United Overseas Bank Ltd. (Singapore)
- Bangkok Bank Public Company Limited
- Bank of China Limited Class H
- TMB Bank Public Company Limited
- KGI Securities (Thailand) Public Co., Ltd.
- CIMB Thai Bank Public Co. Ltd.
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