Kasikornbank Public Company Limited (SET: KBANK) has announced its 1Q25 consolidated financial statement through the Stock Exchange of Thailand as follows:
| Quarter | 1Q25 | 1Q24 |
| Net Profit (Loss) Million Baht |
13,791.45 | 13,644.04 |
| Earning Per Share (Baht) |
5.6700 | 5.6000 |
| % Change | 1.08 | |
KBANK reported a net profit of Baht 13,791 million, an increase from the preceding quarter of Baht 3,023 million or 28.08%, and a slight increase of Baht 147 million or 1.08% from the same period of 2024.
For the first quarter of 2025 compared with the fourth quarter of 2024, net interest income was amounting to Baht 35,425 million, a decrease of Baht 573 million or 1.59%, mainly due to a decrease in interest income and interest expenses. When compared to the first quarter of 2024, net interest income dropped Baht 2,761 million or 7.23%.
Non-interest income was amounting to Baht 13,678 million, an increase of Baht 970 million or 7.62% QoQ from gains on financial instruments measured at fair value through profit or loss and investment income increased, while insurance service result decreased. When compared to the same quarter of 2024, non-interest income showed an increase of Baht 1,826 million or 15.39%.
Loans to customers amounted to Baht 2,433,275 million, a decrease of Baht 50,420 million or 2.03%, in line with economic slowdown.
Expected credit loss for the quarter was Baht 9,818 million, representing a 20% decline from the previous quarter.
NPL gross to total loans stood at 3.19%, the same level as the previous quarter while coverage ratio increased to 159.49%.
