Brokers expect KTB's Q3 2026 profit to recover 1.2-7% QoQ, top target price 55 baht

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Efinancethai news agency compiled analyst estimates from leading securities firms assessing the direction of Krung Thai Bank Public Company Limited, or KTB, between 24 September and 2 October 2026, expecting third-quarter 2026 net profit of approximately 12.3 billion to 13 billion baht, growing 1.2 to 7% quarter on quarter, driven by better net interest income on loan growth and NIM, along with fee and service income, gains from FVTPL investments and dividends received. However, third-quarter 2026 profit is still down 11 to 16.1% year on year because of the high base in the third quarter of 2025, when there was a large mark-to-market on investments. Loans are expected to grow another 3% quarter on quarter, lifting year-to-date loan growth to 6.6%, the highest in the banking group. Meanwhile, the NPL ratio to total loans is likely to decline from 2.92% in the second quarter of 2026. For full-year 2026, net profit is estimated at 48.084 billion to 48.9 billion baht, flat to up 1.4% year on year, while maintaining ROE at 10%, and the 2026 dividend is expected at 2.10 baht per share, a dividend yield of 4.7%. As for broker target prices, Krungsri Securities gives 55.00 baht with a buy recommendation, Phillip Securities gives 46.00 baht with a recommendation to accumulate, and Trinity Securities gives 41.00 baht with a recommendation to buy on weakness.

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Financials▲ · 2 stocks
Krung Thai Bank Public Company Limited
KTB
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Brokers expect KTB's Q3 2026 net profit to grow 1.2-7% QoQ on better NII, fee income and investment gains, with target prices up to 55 baht.

Off-coverage companies 2

Krungsri Securities Public Company LimitedPrivate± Mixed
relevance

Phillip Securities (Thailand) Public Company LimitedPrivate± Mixed
relevance

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