Asia300

The Siam Commercial Bank Public Co. Ltd.

Thailand

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Jan 19, 2018
Prev close: 153.5
Jan 19, 2018
Market cap:
Market cap(USD):
521,196M
16,353.8M
Shares: 3,395.41M

Currency in THB

Company profile

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

Business summary

The Siam Commercial Bank Public Co. Ltd. engages in the banking business. It involves in personal banking, business banking, and wholesale banking. It operates through the the following segments: Corporate, SME, Retail, and Others. The company was founded in 1906 and is headquartered in Bangkok, Thailand.

Company background

Siam Commercial Bank is the oldest commercial bank in Thailand. It is currently the third-largest bank by assets, and has over 1,100 branches nationwide.

Its history traces back to 1904 when it was established under the leadership of Prince Mahisorn. After operating for two years as a pilot project under the name of Book Club, the bank was granted the King's permission to be a full-fledged commercial bank.

Given this background, the Bureau of the Crown Property and its Group is the largest shareholder with a 23% stake. The second largest shareholder with a 23% stake is Vayupak Mutual Fund which is 30% controlled by the finance ministry.

Board Chairman Anand Panyarachun has served twice as Thailand's prime minister, from 1991 to 1992 and again in 1992 amid the political unrest after a military coup in February 1991. He was the bank's independent director since 1984 and became chairman in 2007.

Executive Committee Chairman Vichit Suraphongchai started his career as a banker with Bangkok Bank, the country's largest bank by assets. He left Bangkok Bank after serving as president from 1992 to 1994 and became minister of transport and communication.

In the news

Financial highlights

Dec 2017

  • Local currency
  • US Dollar
Revenue 221,922.22M
Gross profit --
Operating income 53,504.71M
Income before tax 53,504.71M
Net income 43,151.90M
EBITDA --
Diluted EPS --
Dividends per share --
Total assets 3,024.03B
Total liabilities 2,660.26B
Total equity 363,463.57M
Operating cash flow --

Currency in THB

Revenue 6,539.91M
Gross profit --
Operating income 1,576.75M
Income before tax 1,576.75M
Net income 1,271.65M
EBITDA --
Diluted EPS --
Dividends per share --
Total assets 92,790.18M
Total liabilities 81,628.38M
Total equity 11,152.61M
Operating cash flow --

Currency in USD

Valuation measures

Dec 2017

PER 11.82
ROA 1.45%
ROE 12.37%
Operating margin 24.10%
Profit margin 19.44%

Key executive

  • President, Chief Executive Officer & Director: Arthid Nanthawithaya
  • Chief Financial Officer: Kittiya Todhanakasem
  • Chief Technology Officer: Colin Richard Dinn
  • SEVP & Head-Special Assets: Sarunthorn Chutima
  • Chief Risk Officer & SEVP: Anucha Laokwansatit

Share holders

  • VAJIRALONGKORN MAHA(22.9%)
  • Krung Thai Asset Management Public Co., Ltd.(11.5%)
  • MFC Asset Management Public Co., Ltd. (Investment Management)(11.5%)
  • State Street Corp.(5.3%)
  • Social Security Office of Thailand(2.0%)
  • The Vanguard Group, Inc.(1.4%)
  • Harding Loevner LP(0.7%)
  • Norges Bank Investment Management(0.7%)
  • GIC Pte Ltd. (Investment Management)(0.5%)
  • APG Asset Management NV(0.3%)

Address

  • Website: http://www.scb.co.th
  • Address: 9 Rutchadapisek Road, Chatu Chak, Bangkok, 10900, Thailand
  • Phone: +66.2.544.1111

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