Bangkok Bank reports $358.91m net profit for Q3

Earnings per share is THB6.54 for the period that ended on 30 September 2024.

Bangkok Bank reported a net profit attributable to shareholders of over $358.91m (THB12.47b) for the third quarter period that ended on 30 September 2024.

Basic earnings per share was THB6.54 (approximately $0.19) for the period, higher than the THB5.95 ($0.17) announced for the same period in 2023.

Net interest income was $960.54m (THB33.37b) for the quarter, slightly lower than the $982.41m (THB34.13b) a year ago.Net fees and service income was $199.48m (THB6.93b), versus $194.89m (THB6.77b) in Q3 2023.

Total operating income rose to $1.32b (THB45.83b), from $1.22b (THB42.57b) a year earlier.

For the first nine months of 2024, Bangkok Bank’s net profit attributable to owners was just over $1b (THB34.81b), higher than the $943.37m (THB32.77b) it earned in the first nine months of 2023.

Net interest income for the period was $2.88b (THB99.92b), whilst net fees and service income is $596.19m (THB20.71b).

Total operating income for the nine-month period is $3.77b (THB131.03b).

Total basic earnings per share is THB18.23 for the nine-month period, a rise from the THB17.7 given out in 2023.

(US$1 = THB 34.74. Data from Google as of 18 November 2024, 12:20PM)