Asia300

The Siam Commercial Bank Public Co. Ltd.

Thailand

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Aug 16, 2017
Prev close: 141
Aug 16, 2017
Market cap:
Market cap(USD):
478,751.46M
14,381.24M
Shares: 3,395.40M

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 2016

  • Local currency
  • US Dollar
Revenue 219,761M
Gross profit --
Operating income 58,997M
Income before tax 59,172.97M
Net income 47,612M
EBITDA --
Diluted EPS 14.01
Dividends per share 5.5
Total assets 2,913.02B
Total liabilities 2,578.72B
Total equity 334,089M
Operating cash flow 100,754M

Currency in THB

Revenue 6,228.95M
Gross profit --
Operating income 1,672.22M
Income before tax 1,677.21M
Net income 1,349.52M
EBITDA --
Diluted EPS 0.39
Dividends per share 0.15
Total assets 81,345.49M
Total liabilities 72,010.27M
Total equity 9,329.35M
Operating cash flow 2,855.79M

Currency in USD

Valuation measures

Dec 2016

PER 10.88
ROA 1.67%
ROE 14.84%
Operating margin 26.84%
Profit margin 21.66%

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

  • ADULYADEJ BHUMIBOL(21.2%)
  • Krung Thai Asset Management Public Co., Ltd.(11.5%)
  • MFC Asset Management Public Co., Ltd. (Investment Management)(11.5%)
  • CPB Equity Co. Ltd.(2.0%)
  • The Vanguard Group, Inc.(1.5%)
  • Social Security Office of Thailand(1.4%)
  • GIC Pte Ltd. (Investment Management)(0.9%)
  • Norges Bank Investment Management(0.7%)
  • JPMorgan Asset Management (Singapore) Ltd.(0.3%)
  • 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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