Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Stock Exchange of Thailand  >  Bangkok Bank    BBL   TH0001010006

BANGKOK BANK

(BBL)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Bangkok Bank : Fourth-Quarter Net Profit Plunged 70%

01/21/2021 | 08:49pm EST
   Ben Otto 
 

Bangkok Bank PCL's fourth-quarter net profit plunged 70% due to the adoption of new accounting standards and a booking of expected credit losses related to the Covid-19 pandemic.

The Thai lender said late Thursday that net profit fell to 2.40 billion baht ($80.2 million), down from THB8.00 billion in the same period a year earlier, largely due to a decrease in income from investments under new accounting standards.

For the full year, net profit fell 52% to THB17.18 billion.

Net interest income rose 12% in the fourth quarter to THB19.26 billion, while non-interest income fell 57% to THB11.36 billion.

The bank set aside expected credit losses of THB7.20 billion amid the pandemic, up from THB5.67 billion in the third quarter. The bank's nonperforming loan ratio fell to 3.9% at end-December from 4.1% in September.

Going forward, the bank noted that Thailand's economic recovery "remains fragile and highly uncertain" due to new waves of virus outbreaks and control measures to reduce the spread of the virus, among other factors.

Write to Ben Otto at ben.otto@wsj.com

(END) Dow Jones Newswires

01-21-21 2048ET

All news about BANGKOK BANK
02/16BANGKOK BANK : Indonesia banker named CEO of sovereign wealth fund targeting $20..
RE
02/08Thailand?s Kasikornbank to open first branch in Vietnam
RE
01/21BANGKOK BANK : Fourth-Quarter Net Profit Plunged 70%
DJ
01/18BANGKOK BANK : annual earnings release
2020Japan's SMFG eyes buying bank in Indonesia after 'painful' defeat last year
RE
2020BANGKOK BANK : SCG Shares Economic Outlook and Tips to Prepare Business for 2021..
AQ
2020BANGKOK BANK : 3Q Net Profit Falls 57% After Permata Acquisition
DJ
2020Thai power firm B.Grimm plans to invest $1.3 billion in expansion
RE
2020PT BANK PERMATA TBK : Bank Permata, Bangkok Bank to complete Indonesia integrati..
RE
2020BANGKOK BANK : Shares Fall After Second-Quarter Profit Tumbled
DJ
More news
Financials
Sales 2021 121 B 3 985 M 3 985 M
Net income 2021 26 221 M 861 M 861 M
Net Debt 2021 - - -
P/E ratio 2021 8,88x
Yield 2021 4,10%
Capitalization 233 B 7 634 M 7 645 M
Capi. / Sales 2021 1,92x
Capi. / Sales 2022 1,84x
Nbr of Employees 22 642
Free-Float 90,0%
Chart BANGKOK BANK
Duration : Period :
Bangkok Bank Technical Analysis Chart | BBL | TH0001010006 | MarketScreener
Technical analysis trends BANGKOK BANK
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 22
Average target price 141,45 THB
Last Close Price 122,00 THB
Spread / Highest target 32,8%
Spread / Average Target 15,9%
Spread / Lowest Target -11,5%
EPS Revisions
Managers and Directors
NameTitle
Chartsiri Sophonpanich President & Executive Director
Benjaporn Prisuwanna EVP, Manager-Accounting & Finance Division
Piti Sithi-Amnuai Chairman
Deja Tulananda Executive Chairman
Piyapan Tayanithi EVP & Manager-Research Department
Sector and Competitors