Asia300

Kasikornbank Public Co. Ltd.

Thailand

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Feb 22, 2018
Prev close: 225
Feb 22, 2018
Market cap:
Market cap(USD):
538,483.56M
17,056.81M
Shares: 2,393.26M

Currency in THB

Company profile

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

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

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.

In the news

Financial highlights

Dec 2017

  • Local currency
  • US Dollar
Revenue 286,176.46M
Gross profit --
Operating income 48,516.67M
Income before tax 48,516.67M
Net income 34,338.24M
EBITDA --
Diluted EPS --
Dividends per share --
Total assets 2,900.84B
Total liabilities 2,513.01B
Total equity 348,625.12M
Operating cash flow --

Currency in THB

Revenue 8,433.44M
Gross profit --
Operating income 1,429.75M
Income before tax 1,429.75M
Net income 1,011.92M
EBITDA --
Diluted EPS --
Dividends per share --
Total assets 89,010.14M
Total liabilities 77,110.10M
Total equity 10,697.30M
Operating cash flow --

Currency in USD

Valuation measures

Dec 2017

PER 16.16
ROA 1.19%
ROE 10.24%
Operating margin 16.95%
Profit margin 11.99%

Key executive

  • 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

Share holders

  • Social Security Office of Thailand(2.0%)
  • GIC Pte Ltd. (Investment Management)(1.5%)
  • Schroder Investment Management Ltd.(1.0%)
  • Prudential Plc(1.0%)
  • Norbax, Inc.(0.9%)
  • The Vanguard Group, Inc.(0.7%)
  • Norges Bank Investment Management(0.5%)
  • Orbis Investment Management Ltd.(0.5%)
  • Aberdeen Asset Management (Asia) Ltd.(0.4%)
  • TMB Asset Management Co., Ltd.(0.2%)

Address

  • 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

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