Asia300

Krung Thai Bank Public Co., Ltd.

Thailand

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Aug 18, 2017
Prev close: 17.9
Aug 18, 2017
Market cap:
Market cap(USD):
250,171M
7,531.77M
Shares: 13,976.1M

Currency in THB

Company profile

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

Business summary

Krung Thai Bank Public Co., Ltd. engages in the provision of commercial banking services. It operates through the following business segments: Retail Banking, Wholesale Banking, Treasury and Investment, and Support and Others. The Retail Banking segment develops financial products and services for individual customers such as deposits, loans, payment for goods and services, and sale of products released by the banks subsidiaries and business alliances through network branches. The Wholesale Banking segment provides credit facilities and financial services to corporate clients. The Treasury and Investment segment includes equity investment, foreign currency exchange services, international business and excess liquidity, supervision of overseas branches and companies which the bank invested in. The Support and Others segment covers middle offices, back offices, subsidiaries, and associates. The company was founded on March 14, 1966 and is headquartered in Bangkok, Thailand.

Company background

Krung Thai Bank is Thailand's second largest bank by assets. It is the only one of the country's top four banks owned by the government; the ministry of finance indirectly holds over 60% of its shares. The bank was established in 1966 through the merger of two-state-owned banks, the Kaset Bank and Monton Bank. It was the first state-owned enterprise to list on the Stock Exchange of Thailand, in 1989. In 1998, it merged with two other state-owned banks, the First Bangkok City Bank and Bangkok Bank of Commerce.

Chairman Areepong Bhoocha-oom was appointed in June 2014 to replace Voravidh Champeeratana, who took office during the previous Yingluck Shinawatra government but stepped down after the military coup in May. Areepong is a former permanent secretary at the ministry of finance but was demoted during the previous regime to the office of the public sector development commission. Since August, he has also been the acting chairman of the troubled, state-owned Thai Airways.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 167,010.44M
Gross profit --
Operating income 36,792.22M
Income before tax 37,523.8M
Net income 32,283.03M
EBITDA --
Diluted EPS 2.31
Dividends per share 0.86
Total assets 2,689.44B
Total liabilities 2,410.29B
Total equity 273,929.33M
Operating cash flow 68,833.17M

Currency in THB

Revenue 4,733.77M
Gross profit --
Operating income 1,042.84M
Income before tax 1,063.58M
Net income 915.03M
EBITDA --
Diluted EPS 0.06
Dividends per share 0.02
Total assets 75,102.15M
Total liabilities 67,307.03M
Total equity 7,649.41M
Operating cash flow 1,951.02M

Currency in USD

Valuation measures

Dec 2016

PER 7.66
ROA 1.17%
ROE 12.42%
Operating margin 22.02%
Profit margin 19.32%

Key executive

  • Executive Vice Chairman: Krairit Euchukanonchai
  • President & Executive Director: Payong Srivanich
  • Senior Executive VP & Head-Operations Group: Amporn Chotruchsaku
  • Senior EVP & Head-Technology Group: Boonlerd Sinsombat
  • Secretary, Senior EVP, Head-Compliance & Legal: Suchart Dejittirut

Share holders

  • Financial Institutions Development Fund(55.0%)
  • Krung Thai Asset Management Public Co., Ltd.(1.9%)
  • MFC Asset Management Public Co., Ltd. (Investment Management)(1.9%)
  • The Vanguard Group, Inc.(1.1%)
  • EGAT Saving & Credit Cooperative Ltd.(1.0%)
  • Government Savings Bank of Thailand (Investment Portfolio)(0.7%)
  • BBL Asset Management Co., Ltd.(0.6%)
  • Dimensional Fund Advisors LP(0.6%)
  • Causeway Capital Management LLC(0.2%)
  • Norges Bank Investment Management(0.2%)

Address

  • Website: http://www.ktb.co.th
  • Address: 35 Sukhumvit Road, Klong Toey Nua Subdistrict, Bangkok, 10110, Thailand
  • Phone: +66.2.255.2222

Copyright © 2017 FactSet Research Systems Inc. All rights reserved.