Krung Thai Bank Future Growth

Future criteria checks 2/6

Krung Thai Bank is forecast to grow earnings and revenue by 6% and 8.1% per annum respectively. EPS is expected to grow by 5.8% per annum. Return on equity is forecast to be 9.8% in 3 years.

Key information

6.0%

Earnings growth rate

5.8%

EPS growth rate

Banks earnings growth	4.8%
Revenue growth rate	8.1%
Future return on equity	9.8%
Analyst coverage	Good
Last updated	12 Nov 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

SET:KTB-R - Analysts future estimates and past financials data (THB Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	161,834	46,048	N/A	N/A	16
12/31/2025	158,586	44,126	N/A	N/A	18
12/31/2024	158,052	42,285	N/A	N/A	18
9/30/2024	122,884	39,488	19,435	25,825	N/A
6/30/2024	121,371	38,663	28,692	35,882	N/A
3/31/2024	117,885	37,624	167,427	174,961	N/A
12/31/2023	112,380	36,612	-70,338	-58,502	N/A
9/30/2023	112,980	38,611	8,045	18,378	N/A
6/30/2023	108,172	36,779	29,936	38,385	N/A
3/31/2023	104,007	34,981	57,834	66,906	N/A
12/31/2022	101,053	33,695	-41,227	-37,726	N/A
9/30/2022	95,629	30,530	-43,428	-38,339	N/A
6/30/2022	89,903	27,135	-112,308	-106,163	N/A
3/31/2022	86,862	24,788	-298,808	-294,215	N/A
12/31/2021	83,262	21,586	-170,220	-165,246	N/A
9/30/2021	80,882	20,093	-345,014	-341,210	N/A
6/30/2021	78,544	18,095	-215,708	-213,932	N/A
3/31/2021	75,520	15,843	-182,895	-180,150	N/A
12/31/2020	77,345	16,728	-306,093	-303,129	N/A
9/30/2020	84,833	20,734	-137,375	-132,925	N/A
6/30/2020	91,303	24,031	-318,772	-313,141	N/A
3/31/2020	98,040	28,444	-140,609	-136,142	N/A
12/31/2019	101,844	29,280	34,054	37,930	N/A
9/30/2019	98,013	27,984	-10,021	-7,760	N/A
6/30/2019	96,486	29,468	164,375	166,463	N/A
3/31/2019	94,726	29,004	28,916	30,984	N/A
12/31/2018	91,029	28,491	48,619	50,566	N/A
9/30/2018	85,065	27,141	-56,691	-55,017	N/A
6/30/2018	82,489	25,174	N/A	-101,970	N/A
3/31/2018	75,780	20,689	N/A	-82,272	N/A
12/31/2017	76,755	22,440	N/A	-95,367	N/A
9/30/2017	82,021	25,074	N/A	24,952	N/A
6/30/2017	85,702	27,833	N/A	114,049	N/A
3/31/2017	92,860	33,296	N/A	125,899	N/A
12/31/2016	91,259	32,304	N/A	153,162	N/A
9/30/2016	90,834	31,630	N/A	51,766	N/A
6/30/2016	85,747	28,347	N/A	-23,090	N/A
3/31/2016	84,683	28,111	N/A	74,771	N/A
12/31/2015	86,066	28,494	N/A	34,749	N/A
9/30/2015	86,816	29,743	N/A	-74,022	N/A
6/30/2015	91,028	33,652	N/A	-136,004	N/A
3/31/2015	89,801	32,822	N/A	-202,600	N/A
12/31/2014	89,407	33,191	N/A	-217,326	N/A
9/30/2014	90,506	35,594	N/A	-121,702	N/A
6/30/2014	87,641	35,303	N/A	-159,345	N/A
3/31/2014	84,121	34,198	N/A	-156,409	N/A
12/31/2013	82,020	34,513	N/A	-223,427	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: KTB-R's forecast earnings growth (6% per year) is above the savings rate (2%).

Earnings vs Market: KTB-R's earnings (6% per year) are forecast to grow slower than the TH market (16.9% per year).

High Growth Earnings: KTB-R's earnings are forecast to grow, but not significantly.

Revenue vs Market: KTB-R's revenue (8.1% per year) is forecast to grow faster than the TH market (6.6% per year).

High Growth Revenue: KTB-R's revenue (8.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: KTB-R's Return on Equity is forecast to be low in 3 years time (9.8%).

Krung Thai Bank Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Recent updates

Krung Thai Bank Public Company Limited to Report Q2, 2024 Results on Jul 23, 2024

Krung Thai Bank PCL Proposes Dividend for the Year 2023, Payable on May 3, 2024

Krung Thai Bank PCL Announces Board Changes

Krung Thai Bank Public Company Limited to Report Q3, 2023 Results on Nov 14, 2023

Krung Thai Bank Public Company Limited Announces Resignation of Kulaya Tantitemit, Director, Member of the Risk Oversight Committee and Member of the Corporate Governance and Social Responsibility Committee, Effective from 1 January 2023

Krung Thai Bank Public Company Limited Announces Dividend

Krung Thai Bank Public Company Limited Provides Update on Lawsuit

Krung Thai Bank PCL Ordinary Shares to Be Deleted from OTC Equity

AQ Estate Public Company Limited Announces Progress Report of the Civil Case against Krungthai Bank Plc

AQ Estate Public Company Limited Announces Progress Report of the Civil Case against Krungthai Bank Plc

Krung Thai Bank Public Company Limited, Annual General Meeting, Apr 08, 2022

Krung Thai Bank Public Company Limited Proposes Dividend on Ordinary Shares for the Year 2021, Payable on 6 May 2022

AQ Estate Public Company Limited Reports on the progress concerning the dispute with Krung Thai Bank Public Company Limited

Krung Thai Bank Public Company Limited Announces Executive Changes

Krung Thai Bank Public Company Limited, Annual General Meeting, Apr 09, 2021

Krungthai Card Public Company Limited (SET:KTC) entered into an agreement to acquire 75.1% in Krung Thai Leasing Co., Ltd from Krung Thai Bank Public Company Limited (SET:KTB) for approximately THB 600 million.

Krung Thai Bank Public Company Limited Appoints Krisada Chinavicharana as the Chairman of the Board

Krung Thai Bank Public Company Limited Announces Resignation of Prasong Poontaneat as Chairman and Director

Krung Thai Bank Public Company Limited Announces Resignation of Nontigorn Kanchanachitra as Director, Chairman of the Nomination and Remuneration Committee and Member of the Corporate Governance and Social Responsibility Committee

Krung Thai Bank Public Company Limited to Report Q3, 2020 Results on Oct 21, 2020

Krung Thai Bank Public Company Limited to Report Q2, 2020 Results on Aug 31, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies