Bangkok Bank posted a 9.9% year-on-year increase in net profit, reaching approximately $1.18 billion (THB38.25 billion) for the first nine months of 2025, according to a press release.
The Thailand-based bank attributed the growth to effective asset management and a diversified revenue base, despite facing economic challenges during the period.
In Q3 2025, the Thai economy slowed alongside weaker export growth, while the services sector continued to face headwinds from lower-than-expected tourist arrivals, particularly from China, the bank noted.
For the nine-month period, net interest income reached $2.91 billion (THB94.36 billion), with a net interest margin (NIM) of 2.81%. Non-interest income also increased, supported by gains on financial instruments and investments.
However, net fees and service income saw a slight decline, largely due to lower revenue from transaction services and mutual fund services.
The bank also reported an improvement in efficiency, with the cost-to-income ratio falling to 44.7%.
The bank attributed the growth to effective asset management and a diversified revenue base, despite facing headwinds from a slowing economy.
In the third quarter of 2025, Thailand’s economy slowed, influenced by weaker export growth, while the services sector continued to face challenges due to lower-than-expected tourist arrivals, particularly from China. Bangkok Bank noted that these factors had a moderate impact on its performance.
For the nine-month period, net interest income reached $2.91 billion (THB 94.36 billion), with a net interest margin (NIM) of 2.81%. Non-interest income also rose, supported by gains on financial instruments and investments, demonstrating the bank’s ability to leverage multiple revenue streams.
However, net fees and service income saw a slight decline, mainly due to lower revenue from transaction services and mutual fund services.
The bank also reported improvements in operational efficiency, with the cost-to-income ratio falling to 44.7%, reflecting better expense management.