Kasikornbank reported a net profit of THB 13.79 billion for the first quarter of 2025, a 1.1% increase year-on-year. The Q1 figures were disclosed through the bank's investor relations website alongside supporting financial report documentation.
The bank's cost-to-income ratio for the quarter stood at 40.84%, while the credit cost rate came in at 160 basis points. Non-interest income grew 15.4% year-on-year, partly offsetting a 7.2% decline in net interest income. Total assets reached THB 4.36 trillion.
NET INTEREST MARGIN
The net interest margin was 3.41%. KBank's NIM contracted year-on-year.
ASSET QUALITY AND COVERAGE RATIOS
The non-performing loan ratio stood at 3.19% at the end of the first quarter, broadly stable relative to the prior quarter.
The NPL coverage ratio was 159.5%.