Krungthai stock sits 6.98 percent below Phillip's THB 46.00 target

Published on 10/17/2026 at 18:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Krungthai is due October 21, 2026. Krungthai stock last stood at THB 43.00 on October 15, 2026, up 0.58 percent versus THB 42.75.

Analyst view and reporting date

On September 24, 2026, Phillip Securities maintained its THB 46.00 target for Krungthai.
Krungthai is due to release its third-quarter 2026 results on October 21, 2026.
Krungthai stock was last quoted at THB 43.00 on October 15, 2026 at 4:36 p.m. ICT on SET, up 0.58 percent versus THB 42.75.
Krungthai's market capitalization was THB 601.0 billion on October 15, 2026.

Krungthai, TH0150010Z11, Illustration mit AI erstellt.

Phillip Securities maintained its THB 46.00 target for Krung Thai Bank on September 24, 2026, leaving the SET-listed stock 6.98 percent below that target at its latest quoted price of THB 43.00. The brokerage also kept a Gradual Buy recommendation, according to Kaohoon International. Krungthai is due to release its third-quarter 2026 results on October 21, 2026, according to the bank's Investor Relations page.

Results arrive October 21

The upcoming report covers the quarter ended September 30, 2026. Phillip Securities expects net profit of THB 12.3 billion, a 16.1 percent year-over-year decline, while its estimate calls for a 1.2 percent increase from the previous quarter. The forecast reflects lower interest income after loan-rate reductions and weaker gains from financial instruments, partly offset by higher fee income and lower costs and provisions.

Stock remains below yearly high

Krungthai's latest SET quote was THB 43.00 on October 15, 2026 at 4:36 p.m. ICT, up 0.58 percent from THB 42.75. The session range was THB 42.50 to THB 43.25. The stock stood 6.52 percent below its 52-week high of THB 46.00 and 72.00 percent above its 52-week low of THB 25.00.

Bank valuation and cash return

Krungthai had a market capitalization of THB 601.0 billion on October 15, 2026. Phillip Securities expects full-year 2026 net profit of THB 48.9 billion, up 1.4 percent from the prior year, and projected a dividend of THB 2.10 per share for 2026, according to the September 24, 2026 report.

Comparison with peers

Krungthai (SET, THB): plus 0.58 percent, market capitalization THB 601.0 billion
Bangkok Bank (SET, THB): plus 0.81 percent, P/E 8.45, market capitalization THB 355.0 billion
Kasikornbank (SET, THB): plus 1.73 percent, P/E 10.83, market capitalization THB 556.8 billion

The next reporting date matters

The October 21, 2026 reporting date gives investors a near-term test for the bank's loan growth and earnings resilience. Phillip Securities expected loan growth of 3.00 percent in the third quarter and year-to-date loan growth of 6.60 percent from the end of 2025. Its forecast also put the nonperforming-loan ratio at 2.92 percent in the second quarter of 2026.

SET quote stays below the high

The last quoted SET price was THB 43.00 on October 15, 2026 at 4:36 p.m. ICT, up 0.58 percent from THB 42.75 and 6.52 percent below the 52-week high of THB 46.00.