Maybank Securities (Thailand) (MST) wrote in its short comment, expecting TMBThanachart Bank Public Company Limited (SET: TTB) to declare an interim dividend of THB 0.065 per share for 1H25, implying a dividend yield of 3.4%, the highest among peers, which average a 1.8% yield over the same period.
For 2026–2027, MST forecasts average earnings growth of 5%, driven by both interest and non-interest income. For 2H25, the firm expects HoH profit growth due to a decline in credit costs.
After the 2Q25 earnings season, only SCB X Public Company Limited (SET: SCB) and Tisco Financial Group Public Company Limited (SET: TISCO) have announced an interim dividend payment, representing a dividend yield of 1.58% and 1.96%, respectively.
