Krung Thai Bank Public Company Limited (SET: KTB) has announced its 1Q25 consolidated financial statement through the Stock Exchange of Thailand as follows:
| Quarter | 1Q25 | 1Q24 |
| Net Profit (Loss) Million Baht |
11,713.70 | 11,675.96 |
| Earning Per Share (Baht) |
0.8400 | 0.7400 |
| % Change | 0.32 | |
KTB reported a net profit of THB 11,714 million in 1Q25, a slight increase by 0.32% when compared to the same period of last year. The profit for the quarter was supported by growth in income from risk mitigation financial products, investments, and net investment gain.
Pre-provision profit was at Baht 23,995 million, a 11.6% increase QoQ and 1.8% increase YoY.
Net interest income in the first quarter was Baht 27,843 million, representing a decrease of 5.8% from 1Q24, attributable to a near 5% drop in loans as well as a change in policy rates.
Other operating expenses decreased by 8.1% YoY in the first quarter of this year. This was mainly due to a normalization of impairment loss of properties for sale, following a prudent impairment setup based on asset potential in 1Q2024.
The Bank also maintained a high coverage ratio at 187.7% to cushion against economic sensitivity and uncertainty.
KTB set aside ECL of Baht 8,223 million for the quarter, reflecting a 2.4% increase YoY and 22.3% increase from the previous quarter, citing a prudent approach to asset quality management and continued maintenance of a high coverage ratio.
Additionally, NPL remained effectively managed at THB 95,017 million, with the NPL ratio improving to 2.97% from 2.99% at the end of 2024.
