Bangkok Bank reported a first-half 2026 net profit of THB 20,492 million, a decline of 16.2% from the same period a year earlier, according to the group's interim results filed on Tuesday.
The second-quarter figure came in at approximately THB 9.5 billion, down about 20% year on year and 14% lower than the first quarter of the year.
OPERATING COSTS WEIGH ON QUARTER
Operating expenses rose about 9% from the first quarter.
For the first half, net interest income fell 12.4% after the bank lowered its interest rates, bringing the net interest margin to 2.46%, while net fee and service income improved on bancassurance, mutual fund and securities fees.
First-half operating expenses fell 6.5% year on year, bringing the cost-to-income ratio to 47.1%, and expected credit losses of THB 17,435 million were lower than a year earlier. Loans rose 2.7% from the end of 2025 to THB 2,678,467 million, the impaired-loan ratio was 3.3% and deposits rose 0.5% to THB 3,212,308 million.
CAPITAL
The total capital ratio was 21.4%, and the Tier 1 and common equity Tier 1 ratios were both 16.9%, above Bank of Thailand minimum requirements.