Siam Commercial Bank reported unaudited consolidated and bank earnings results for the fourth quarter and year ended December 31, 2016. For the quarter, the consolidated company reported net operating income of THB 32,601 million, operating profit was THB 17,762 million, net profit attributable to shareholders of the parent company was THB 12,716 million or THB 3.74 basic per share, ROE was 15.4%, ROE was 1.8%, net interest income was THB 22,804 million, profit before tax was THB 15,767.608 million compared to net operating income of THB 32,286.83 million, net profit attributable to shareholders of the parent company was THB 11,794.885 million or THB 3.47 basic per share, net interest income was THB 21,418.42 million, profit before tax was THB 14,556.503 million a year ago.

For the year, the consolidated company reported net operating income of THB 133,334 million against THB 137,258 million a year ago. Operating profit was THB 81,690 million against THB 88,461 million a year ago. Net profit attributable to shareholders of the parent company was THB 47,612 million or THB 14.01 basic per share against THB 47,182 million or THB 13.88 basic per share a year ago. ROE was 14.8% against 15.9% a year ago. ROA was 1.7% against 1.7% a year ago. Net interest income was THB 88,449 million against THB 82,834 million a year ago. Profit before tax was THB 59,162.46 million against THB 58,738.183 million a year ago.

For the quarter, the company reported net interest income was THB 20,614.07 million against THB 19,463.502 million a year ago. Net operating income was THB 30,592.37 million against THB 28,704.65 million a year ago. Profit before tax was THB 14,642.992 million against THB 11,662.65 million a year ago. Net profit attributable to shareholders of the parent company was THB 11,628.39 million against THB 13,774.17 million a year ago. Basic earnings per share were THB 3.50 against THB 2.78 a year ago.

For the year, the company reported net interest income was THB 80,170.200 million against THB 75,369.95 million a year ago. Net operating income was THB 123,321.14 million against THB 126,810.66 million a year ago. Profit before tax was THB 51,483.083 million against THB 50,662.37 million a year ago. Net profit attributable to shareholders of the parent company was THB 42,165.04 million against THB 41,337.06 million a year ago. Basic earnings per share were THB 12.40 against THB 12.16 a year ago.

For the fourth quarter of 2016, the company reported impairment loss of loans and debt securities was THB 1,994 million against THB 4,988.93 million a year ago.