December 04, 2016 3:12 AM ET

Banks

Company Overview of Thanachart Bank Public Company Limited

Company Overview

Thanachart Bank Public Company Limited provides banking services in Thailand. Its deposit products include saving deposits, fixed deposits, current deposits, foreign currency deposits, and tax-free monthly deposits. The company’s loan portfolio comprises personal loans; educational loans, housing loans, and automobile hire purchase loans; and loans for corporate customers and small and medium-sized enterprises. It also offers trade finance services, which include import letter of credit, shipping guarantee, import bill for collection, and trust receipt, as well as exporter notifying, letter of credit transferring, export bill of collection and letter of credit, bill purchasing and discountin...

444, MBK Tower

Phayathai Road

Wangmai

Pathumwan

Bangkok,  10330

Thailand

Founded in 2002

Phone:

66 2 217 8000

Fax:

66 2 217 8020

Key Executives for Thanachart Bank Public Company Limited

Chief Executive Officer, President, Executive Director and Member of Executive Committee
Age: 59
Chief Financial Officer and Executive Vice President
Age: 52
Executive Director and Vice Chairman of Executive Committee
Age: 70
Executive Vice President of Corporate Banking 1
Age: 57
Executive Vice President of Investment Management
Age: 58
Compensation as of Fiscal Year 2016.

Thanachart Bank Public Company Limited Key Developments

Thanachart Bank Public Company Limited Announces Unaudited Consolidated and Parent Earnings Results for the Third Quarter and Nine Months Ended September 30, 2016

Thanachart Bank Public Company Limited announced unaudited consolidated and parent earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, on consolidated basis, the company reported total profit attributable to the bank of THB 3,201.626 million or THB 0.53 per basic share against THB 2,712.646 million or THB 0.49 per basic share a year ago. Net interest income was THB 7,343.296 million against THB 6,922.984 million a year ago. Net operating income was THB 10,265.565 million against THB 9,908.874 million a year ago. Profit before income tax was THB 3,404.050 million against THB 3,206.572 million a year ago. For the quarter, on company basis, the company reported total profit attributable to the bank of THB 2,333.081 million or THB 0.42 per basic share against THB 3,324.068 million or THB 0.65 per basic share a year ago. Net interest income was THB 6,775.110 million against THB 6,363.908 million a year ago. Net operating income was THB 8,407.432 million against THB 9,820.379 million a year ago. Profit before income tax was THB 2,502.389 million against THB 3,746.274 million a year ago. For the nine months, on consolidated basis, the company reported total profit attributable to the bank of THB 9,203.874 million or THB 1.52 per basic share against THB 7,975.727 million or THB 1.45 per basic share a year ago. Net interest income was THB 21,500.287 million against THB 20,643.719 million a year ago. Net operating income was THB 30,055.546 million against THB 29,858.584 million a year ago. Profit before income tax was THB 9,942.611 million against THB 8,295.449 million a year ago. Net cash flows from operating activities were THB 21,648.562 million compared to THB 12,670.569 million a year ago. Cash paid for purchase of equipment was THB 607.575 million against THB 415.812 million a year ago. Cash paid for purchase of intangible assets was THB 295.809 million against THB 181.676 million a year ago. For the nine months, on company basis, the company reported total profit attributable to the bank of THB 8,767.605 million or THB 1.45 per basic share against THB 9,166.619 million or THB 1.66 per basic share a year ago. Net interest income was THB 19,866.047 million against THB 19,021.921 million a year ago. Net operating income was THB 26,304,461 million against THB 27,866.213 million a year ago. Profit before income tax was THB 8,624.315 million against THB 8,605.997 million a year ago. Net cash flows from operating activities were THB 22,919.612 million compared to THB 7,400.233 million a year ago. Cash paid for purchase of equipment was THB 548.240 million against THB 389.159 million a year ago. Cash paid for purchase of intangible assets was THB 276.565 million against THB 167.920 million a year ago.

Thanachart Bank Public Company Limited Reports Consolidated and Company Earnings Results for the Second Quarter and Six Months Ended June 30, 2016

Thanachart Bank Public Company Limited reported consolidated and company earnings results for the second quarter and six months ended June 30, 2016. For the quarter, on consolidated basis, the company reported net profit of THB 3,158,116,000 or THB 0.52 per share against THB 2,702,290,000 or THB 0.49 per share a year ago. Net interest income was THB 7,141,602,000 against THB 6,895,725,000 a year ago. Net operating income was THB 9,989,612,000 against THB 10,202,589,000 a year ago. Profit before income tax was THB 3,420,667,000 against THB 1,769,357,000 a year ago. For the six months, on consolidated basis, the company reported net profit of THB 6,002,248,000 or THB 0.99 per share against THB 5,263,082,000 or THB 0.95 per share a year ago. Net interest income was THB 14,156,991,000 against THB 13,720,736,000 a year ago. Net operating income was THB 19,803,685,000 against THB 20,208,869,000 a year ago. Profit before income tax was THB 6,538,562,000 against THB 5,088,877,000 a year ago. Net cash flows from operating activities was THB 27,607,534,000 against net cash flows used in operating activities of THB 16,756,489,000 a year ago. Cash paid for purchase of equipment was THB 311,039,000 against THB 144,289,000 a year ago. Cash paid for purchase of intangible assets was THB 188,205,000 against THB 127,765,000 a year ago. For the quarter, on company basis, the company reported net profit of THB 3,978,661,000 or THB 0.66 per share against THB 3,433,130,000 or THB 0.62 per share a year ago. Net interest income was THB 6,626,503,000 against THB 6,363,886,000 a year ago. Net operating income was THB 9,709,655,000 against THB 9,911,572,000 a year ago. Profit before income tax was THB 3,899,051,000 against THB 2,191,828,000 a year ago. For the six months, on consolidated basis, the company reported net profit of THB 6,230,147,000 or THB 1.03 per share against THB 5,588,223,000 or THB 1.01 per share a year ago. Net interest income was THB 13,090,937,000 against THB 12,658,012,000 a year ago. Net operating income was THB 17,940,567,000 against THB 18,281,828,000 a year ago. Profit before income tax was THB 6,121,826,000 against THB 4,859,724,000 a year ago. Net cash flows from operating activities was THB 27,950,535,000 against net cash flows used in operating activities of THB 20,392,791,000 a year ago. Cash paid for purchase of equipment was THB 275,585,000 against THB 130,109,000 a year ago. Cash paid for purchase of intangible assets was THB 179,271,000 against THB 118,114,000 a year ago.

Thanachart Bank Public Company Limited Announces Unaudited Consolidated and Company Earnings Results for the Second Quarter and Six Months Ended June 30, 2016; Reports Impairment Losses for the Second Quarter Ended June 30, 2016

Thanachart Bank Public Company Limited announced unaudited consolidated and company earnings results for the second quarter and six months ended June 30, 2016. For the quarter, consolidated net profit attributable to the Bank was THB 3,158,116,000 or THB 0.52 per share against THB 2,702,290,000 or THB 0.49 per share a year ago. Net interest income was THB 7,141,602,000 against THB 6,895,725,000 a year ago. Net operating income was THB 9,989,612,000 against THB 10,202,589,000 a year ago. Profit before tax was THB 3,420,667,000 against THB 1,769,357,000 a year ago. ROAA was 1.31% against 1.13% a year ago. ROAE was 10.59% against 10.16% a year ago. Net profit increased due to successes in strategic direction amid apprehensive economic environment to focus on asset quality, which significantly reduced impairment loss of loan expense, and to effectively manage cost of fund. Book value per share was THB 20.25. For the six months, consolidated net profit attributable to the Bank was THB 6,002,248,000 or THB 0.99 per share against THB 5,263,082,000 or THB 0.95 per share a year ago. Net interest income was THB 14,156,991,000 against THB 13,720,736,000 a year ago. Net operating income was THB 19,803,685,000 against THB 20,208,869,000 a year ago. Profit before tax was THB 6,538,562,000 against THB 5,088,877,000 a year ago. ROAA was 1.24% against 1.09% a year ago. ROAE was 10.10% against 9.97% a year ago. For the quarter, company net profit attributable to the Bank was THB 3,978,661,000 or THB 0.66 per share against THB 3,433,130,000 or THB 0.62 per share a year ago. Net interest income was THB 6,626,503,000 against THB 6,363,886,000 a year ago. Net operating income was THB 9,709,655,000 against THB 9,911,572,000 a year ago. Profit before tax was THB 3,899,051,000 against THB 2,191,828,000 a year ago. For the six months, company net profit attributable to the Bank was THB 6,230,147,000 or THB 1.03 per share against THB 5,588,223,000 or THB 1.01 per share a year ago. Net interest income was THB 13,090,937,000 against THB 12,658,012,000 a year ago. Net operating income was THB 17,940,567,000 against THB 18,281,828,000 a year ago. Profit before tax was THB 6,121,926,000 against THB 4,859,724,000 a year ago. For the quarter, impairment losses of loans and debt securities was THB 1,409,297,000 against THB 3,540,773,000 a year ago.

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