TMBThanachart Bank Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 19, 2023 at 01:32 am EDT
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TMBThanachart Bank Public Company Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was THB 14,664.78 million compared to THB 12,968.24 million a year ago. Net income was THB 4,734.89 million compared to THB 3,714.64 million a year ago. Basic earnings per share from continuing operations was THB 0.0489 compared to THB 0.0384 a year ago. Diluted earnings per share from continuing operations was THB 0.0486 compared to THB 0.038 a year ago.
For the nine months, net interest income was THB 2,259.49 million compared to THB 7,790.86 million a year ago. Net income was THB 13,595.69 million compared to THB 10,347.87 million a year ago. Basic earnings per share from continuing operations was THB 0.1404 compared to THB 0.1071 a year ago. Diluted earnings per share from continuing operations was THB 0.1398 compared to THB 0.1063 a year ago.
TMBThanachart Bank Public Company Limited (the Bank) is a Thailand-based company engaged in commercial banking businesses. The Bankâs subsidiaries are engaged in the provision of asset management and brokerage services. The Bankâs segments include Commercial Banking, and Retail Banking. The Commercial Banking segment includes Wholesale Banking and Small Enterprise. Wholesale Banking serves large-sized and medium-sized business customers. The main products and services are corporate loans, letters of guarantee, deposits, trade finance and foreign exchange, supply chain solutions, financial management, and other financial services. Small Enterprise serve small-size business customers. The main products and services are corporate loans, deposits and bancassurance. The Retail Banking segmentâs main products and services are deposits, housing loans, hire purchases, finance leases, personal loans, card services, bancassurance and mutual funds, and foreign currency services.