Tisco Financial Group Public Company Limited (SET: TISCO) has announced its 2025 consolidated financial statement through the Stock Exchange of Thailand as follows:
| Year | 2025 | 2024 |
| Net Profit (Loss) Million Baht |
6,658.90 | 6,901.28 |
| Earning Per Share (Baht) |
8.62 | 8.32 |
| % Change | -3.51 | |
The company reported a net profit of 6,658.90 million baht in 2025, a slight decrease from 6,901.28 million baht in 2024 by 3.51%. The decline was mainly due to an increase in expected credit loss (ECL) to 1.0% of average loans which went according to a plan to resume the normalized provisioning level and to cushion against risks from the fragile economy.
Net interest income totaled 13,502.34 million baht, decreased by 67.52 million baht (0.5% YoY). Interest income totaled 18,310.60 million baht, decreased by 702.99 million baht (3.7% YoY) following the policy rate cuts by the Bank of Thailand, together with the interest reduction for the vulnerable borrowers in the “You Fight, We Help” program. Loan spread improved from 5.27% to 5.39% (YoY), and net interest margin (NIM) was at 4.82%.
Total operating income grew by 2.2% (YoY) derived from an increase in non-interest income by 8.8% (YoY). This comprised banking fee improvement by 6.5% (YoY) following an expansion in bancassurance business and other loan-related fees. Asset management basic fee also increased by 8.8% (YoY) owing to the growth in provident fund and mutual fund businesses. Additionally, gain on financial instruments measured at fair value through profit or loss (FVTPL) increased from the previous year.
Expected credit loss (ECL) was reported at 2,340.08 million baht, increased from the year 2024, and accounted for 1.0% of average loans, which went according to the plan to resume the normalized provisioning level, as well as to cushion against heightened economic risks. For the fourth quarter of 2025, the ECL was at 565.11 million baht, accounting for 1.0% of average loans.
TISCO continued the cautious and careful loan underwriting, along with providing debt assistance measures in accordance with the Bank of Thailand’s guideline. Therefore, non-performing loans (NPLs) improved to 2.28%, with a reported loan loss coverage ratio of 172.1%.
