Phillip Securities (Thailand) estimates that KKP will post net profit of approximately 2.4 billion baht in the third quarter, up 43.6% from the same period a year earlier and up 13% from the previous quarter, driven by continued growth in fee income, particularly from the capital markets business, while interest expenses declined. For the first nine months of 2026, net profit is expected to be approximately 6.5 billion baht, up 56.4% from the same period a year earlier. On loans, the third quarter is expected to grow about 0.7% from the previous quarter, slowing from growth of 1.6% and 1.5% in the first and second quarters respectively. The research team maintains its 2026 net profit forecast at 7.5 billion baht, up 26.9% from a year earlier, and keeps its target price at 114 baht with a hold recommendation. It expects KKP to pay a 2026 dividend of 6.90 baht per share, representing a dividend yield of approximately 5.9%, and a 2027 dividend of 7.67 baht per share, representing a dividend yield of approximately 6.5%.
Kiatnakin Phatra Bank Public Company LimitedPhillip Securities forecasts KKP's Q3 net profit up 43.6% on capital market fee income and lower interest expenses, maintaining a 114 baht target price and hold rating.
