Krung Thai Bank Public Company Limited (SET: KTB) has reported a consolidated net profit of Baht 48,229 million in 2025, representing a 4.5% increase compared to the previous year. This result was achieved despite a challenging domestic economic landscape, where Thailand’s GDP grew by only 2.0%, remaining below its potential.
| Year | 2025 | 2024 |
| Net Profit (Loss) Million Baht |
48,228.60 | 46,153.48 |
| Earning Per Share (Baht) |
3.45 | 3.30 |
| % Change | 4.50 | |
The bank’s total operating income remained relatively stable at Baht 160,628 million, a marginal decline of 0.5%. Net interest income (NII) faced significant pressure, falling 11.2% year-on-year to Baht 105,781 million. This decline was attributed to a downward trend in market interest rates—highlighted by the Monetary Policy Committee’s total rate cut of 1.00% during the year—and the bank’s proactive debt restructuring efforts to support vulnerable customers. Consequently, the Net Interest Margin (NIM) stood at 2.82%, down from 3.29% in 2024.
Growth was bolstered by non-interest revenue streams. Other operating income surged by 59.4% to Baht 31,890 million, driven by robust gains in global market businesses and investment returns. Additionally, net fee and service income grew by 3.0% to Baht 22,957 million, with Wealth Management acting as a primary strategic engine.
KTB maintained a disciplined approach to lending, with total loans growing by 0.5% to Baht 2,711,171 million. This growth was primarily fueled by housing and government loans, which offset repayments in the corporate sector. Asset quality showed improvement as the NPL ratio dropped to 2.90% from 2.99% at the end of 2024.
The bank prudently set aside Baht 30,760 million for expected credit losses (ECL), maintaining a credit cost of 1.14%. This strategy bolstered the coverage ratio to a high level of 203.6%, up from 188.6%, providing a significant cushion against future economic and geopolitical uncertainties. Furthermore, operational efficiency improved, with the Cost to Income Ratio falling to 40.3%. KTB concludes 2025 with a strong capital position, reporting a total capital adequacy ratio of 22.13%.
