Kiatnakin Phatra Bank's profit jumps 26.1% but loan book shrinks in Q4 2025

Its net profit of $190.06m is 18.6% higher compared to a year earlier.

Kiatnakin Phatra Bank (KKP) saw its net profit rise 26.1% year-on-year (YoY) in Q4 2025 thanks to stronger-than-expected net interest margin (NIM) and lower-than-expected credit costs, CGS International (CGSI) said.

The Thailand-based bank’s net profit of THB5.91b (approximately $190.06m) for FY2025 is 18.6% YoY higher, the investment house said in a report published in January 2026.

Loan growth was sluggish in Q4, contracting 6.7% YoY, dragged by double-digit declines in real estate development loans (-14.2% YoY) and personal loans (-15.3% YoY). Auto hire purchases fell by 9.3% YoY during the quarter.

KKP notedly saw losses from the sale of repossessed cars, amounting to $16.27m (THB506m) in Q4. This is narrower than the $18.3m (THB569m) loss recorded in Q3, CGSI said.

Non-performing loans (NPL) ratio remained stable quarter-on-quarter, at 4.3% in Q4 2025. NPL coverage is 137%.

(US$1 = THB31.10; as of 27 January 2026, Morningstar via Google)