Key Indices



Top Stories
Company Update | Krungthai Card (KTC TB/BUY/Bt37.00/Target: Bt50.00)
- • We forecast a 3Q26 net profit of Bt2.1b, up 9% yoy but down 5% qoq. We estimate KTC’s loan portfolio will grow 2% yoy and 1% qoq in 3Q26. Management acknowledges that the quality of potential clients remains a concern, but the company is also screening and being prudent in lending in order to maintain a good-quality loan portfolio. We expect KTC to report a 69bp qoq increase in credit cost to 559bp in 3Q26. Maintain BUY. Target price: Bt50.00.
Top Stories
Company Update | Krungthai Card (KTC TB/BUY/Bt37.00/Target: Bt50.00)
- • We forecast a 3Q26 net profit of Bt2.1b, up 9% yoy but down 5% qoq. We estimate KTC’s loan portfolio will grow 2% yoy and 1% qoq in 3Q26. Management acknowledges that the quality of potential clients remains a concern, but the company is also screening and being prudent in lending in order to maintain a good-quality loan portfolio. We expect KTC to report a 69bp qoq increase in credit cost to 559bp in 3Q26. Maintain BUY. Target price: Bt50.00.
Key Indices



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