Analysts at Trinity Securities, or TNITY, estimate that Srisawad Corporation, or SAWAD, will post a net profit of 1.401 billion baht in the second quarter of 2026, up 10.34 percent from the same period last year and up 4.42 percent from the previous quarter. The growth is driven by continued expansion in interest income, an improved loan yield, and gradually declining credit risk costs. Net interest income is projected at around 9.4 billion baht, rising 3.39 percent year-on-year and 1.25 percent quarter-on-quarter. The loan yield is expected to edge up to 15.95 percent from 15.70 percent in the first quarter. On asset quality, the non-performing loan ratio is forecast at 4.05 percent, while credit risk costs ease to 2.25 percent from 2.27 percent in the prior quarter. For the full year 2026, the research team expects the loan portfolio to grow 10 to 15 percent, with the company targeting loan expansion to 56 billion baht, while keeping non-performing loans within a 3 to 4 percent range and maintaining credit risk costs at 1.8 to 2.0 percent. The research unit maintains a buy recommendation with a 2026 target price of 35.00 baht.
Srisawad Power 1979 PCLAnalyst maintains buy with target price 35 baht, expecting Q2 profit growth.