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Kasikornbank Public Company Limited (KBANK.BK)

THB231.00 -2.00 (-0.86%)
TH SET Financial Services Banks - Regional
Address 400/22 Phahon Yothin Road 10400
Bangkok, TH
CEO Kattiya Indaravijaya
IPO 2000-01-04
ISIN TH0016010009

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Also trades on Other OTC · KPCPF (USD) Other OTC · KPCPY (USD) Other OTC · KPCUF (USD) Stock Exchange of Thailand · KBANK-R.BK (THB) Stock Exchange of Thailand · KBANK.BK (THB)
Description

Kasikornbank Public Company Limited, along with its associated enterprises, operates as a comprehensive commercial banking institution, offering a wide array of financial products and services across Thailand and globally. For individual clients, the bank provides diverse deposit accounts, including savings, checking, fixed-term, and foreign currency options, alongside a range of lending solutions like personal, mortgage, and auto loans. Payment instruments such as debit and credit cards are also available. Wealth management offerings encompass life and non-life insurance, investment vehicles like mutual funds, stocks, and derivatives, complemented by essential banking services such as money transfers, bill payments, cheque and draft facilities, foreign exchange, and digital banking platforms. Small and medium-sized enterprises (SMEs) benefit from tailored offerings including various deposit accounts, working capital, commercial, and specialized loans, in addition to letters of guarantee. They are also supported with collection and payment systems, import/export services, fund transfers, and comprehensive life, non-life, and group insurance policies. Large corporate customers are served with advanced cash management solutions, featuring diverse account types, sophisticated collection, payment, and liquidity management services, alongside electronic banking. International trade is facilitated through import/export assistance, global remittances, guarantees, and trade finance. The bank extends various financing options, including working capital, term, and specialized loans, and letters of guarantee, in addition to supply chain financing. Further corporate services include foreign exchange, derivatives, corporate finance, securities, investment, and business card facilities. Beyond its core banking operations, the company also engages in vehicle and equipment leasing, as well as venture capital management. Founded in 1945, Kasikornbank is headquartered in Bangkok, Thailand, and manages an extensive network of 839 branches.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
THB231.00 -2.00 (-0.86%)
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Volume Profile
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Liquidity & share structure
Average Volume
18M
Beta
0.23
Float Shares
2.23B
Free Float %
93.9%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.01% +1.77% +3.61% +0.00% +7.77% +3.34% +30.52% +54.62% +68.91% +16.18% +5,675.86%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
231.00
DCF (Unlevered) 431.19 +86.7%
DCF (Levered) 677.74 +193.4%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 76% Bullish
Rating 2026-05 Change
Strong Buy 3 0
Buy 13 +1
Hold 4 -4
Sell 1 -1
Strong Sell 0 0
Quality scores
Altman Z-Score
0.35
Distress
Piotroski F-Score
7 / 9
Strong
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
5 / 5
High
ROE Score
3 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
2 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
  • Revenue growth
    -2.3% Q1'26: +15.1% (vs Q1'25)
  • EPS growth
    +3.6% Q1'26: +10.1% (vs Q1'25)
  • FCF margin
    Q1'26: -30.5% (vs Q1'25)
  • EBIT margin
    Q1'26: +29.9% (vs Q1'25)
  • ROIC
    Q1'26: +6.0% (vs Q1'25)
  • Share dilution
    -0.1% Q1'26: -0.7% (vs Q1'25)
  • Debt / EBITDA
    Q1'26: 4.09× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.22) × ERP
WACC = 64% × Ke + 36% × Kd (13.4%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 431.19 Current price: 231.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
13 Rev. Ana.
15 EPS Ana.
Dec 2027
15 Rev. Ana.
15 EPS Ana.
Dec 2028
14 Rev. Ana.
12 EPS Ana.
Revenue
176.72B
est: 148.42B (+19.1%)
179.54B
est: 154.40B (+16.3%)
181.87B
est: 157.63B (+15.4%)
180.82B
est: 159.53B (+13.3%)
187.94B
est: 159.35B (+17.9%)
172.71B
est: 152.89B (+13.0%)
179.13B
est: 164.50B (+8.9%)
192.00B
est: 172.95B (+11.0%)
227.52B
est: 148.87B (+52.8%)
236.93B
est: 197.71B (+19.8%)
231.48B
est: 194.35B (+19.1%)
188.20B
183.91B – 194.36B
-3.2% YoY
191.82B
187.00B – 200.16B
+1.9% YoY
197.41B
197.31B – 197.51B
+2.9% YoY
EBITDA
61.21B
est: 44.46B (+37.7%)
63.06B
est: 46.26B (+36.3%)
56.01B
est: 47.22B (+18.6%)
62.00B
est: 47.80B (+29.7%)
61.31B
est: 47.74B (+28.4%)
50.08B
est: 45.81B (+9.3%)
59.30B
est: 49.28B (+20.3%)
55.17B
est: 51.82B (+6.5%)
64.61B
est: 53.91B (+19.8%)
72.41B
est: 71.60B (+1.1%)
79.29B
est: 70.38B (+12.7%)
68.16B
66.61B – 70.39B
-3.2% YoY
69.47B
67.72B – 72.49B
+1.9% YoY
71.49B
71.45B – 71.53B
+2.9% YoY
EBIT
54.48B
est: 38.15B (+42.8%)
55.80B
est: 39.69B (+40.6%)
48.67B
est: 40.52B (+20.1%)
54.60B
est: 41.01B (+33.1%)
53.75B
est: 40.96B (+31.2%)
41.35B
est: 39.30B (+5.2%)
51.97B
est: 42.29B (+22.9%)
46.59B
est: 44.46B (+4.8%)
55.84B
est: 48.07B (+16.2%)
63.42B
est: 63.83B (-0.6%)
69.64B
est: 62.75B (+11.0%)
60.76B
59.38B – 62.75B
-3.2% YoY
61.93B
60.38B – 64.62B
+1.9% YoY
63.74B
63.70B – 63.77B
+2.9% YoY
Net Income
39.47B
est: 39.82B (-0.9%)
40.17B
est: 38.70B (+3.8%)
34.34B
est: 34.70B (-1.1%)
38.46B
est: 38.12B (+0.9%)
38.73B
est: 38.40B (+0.9%)
29.49B
est: 29.35B (+0.5%)
38.05B
est: 37.56B (+1.3%)
35.77B
est: 36.77B (-2.7%)
42.41B
est: 46.78B (-9.4%)
48.60B
est: 47.64B (+2.0%)
49.56B
est: 50.10B (-1.1%)
47.78B
43.95B – 51.02B
-4.6% YoY
49.09B
41.46B – 54.03B
+2.8% YoY
52.52B
41.11B – 62.09B
+7.0% YoY
SGA
36.59B
est: 33.31B (+9.8%)
38.23B
est: 34.66B (+10.3%)
39.47B
est: 35.38B (+11.6%)
40.34B
est: 35.81B (+12.7%)
42.57B
est: 35.77B (+19.0%)
37.61B
est: 34.32B (+9.6%)
40.46B
est: 36.92B (+9.6%)
41.07B
est: 38.82B (+5.8%)
52.91B
est: 34.08B (+55.3%)
55.02B
est: 45.26B (+21.6%)
55.54B
est: 44.49B (+24.8%)
43.08B
42.10B – 44.49B
-3.2% YoY
43.91B
42.80B – 45.82B
+1.9% YoY
45.19B
45.16B – 45.21B
+2.9% YoY
EPS
16.49
est: 16.81 (-1.9%)
16.79
est: 16.34 (+2.8%)
14.35
est: 14.65 (-2.0%)
16.07
est: 16.09 (-0.1%)
16.18
est: 16.21 (-0.2%)
12.42
est: 12.39 (+0.2%)
16.06
est: 15.85 (+1.3%)
15.10
est: 15.52 (-2.7%)
17.58
est: 19.75 (-11.0%)
20.20
est: 20.43 (-1.1%)
20.93
est: 21.10 (-0.8%)
20.05
18.58 – 21.56
-5.0% YoY
20.88
17.52 – 22.84
+4.1% YoY
22.12
17.38 – 26.24
+5.9% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B+ 3/5 5/5 3/5 3/5 2/5 3/5 3/5
2026-05-28 B+ 3/5 5/5 3/5 3/5 2/5 3/5 3/5
2026-05-27 B+ 3/5 5/5 3/5 3/5 2/5 3/5 3/5
2026-05-26 B+ 3/5 5/5 3/5 3/5 2/5 3/5 3/5
2026-05-25 A- 4/5 5/5 3/5 4/5 2/5 3/5 3/5
2026-05-22 A- 4/5 5/5 3/5 4/5 2/5 3/5 3/5
2026-05-21 A- 4/5 5/5 3/5 4/5 2/5 3/5 3/5
2026-05-20 A- 4/5 5/5 3/5 4/5 2/5 3/5 3/5
2026-05-19 A- 4/5 5/5 3/5 4/5 2/5 3/5 3/5
2026-05-18 A- 4/5 5/5 3/5 4/5 2/5 3/5 3/5
2026-05-15 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-14 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-13 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-12 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-11 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-08 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-07 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-06 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-05 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-04-30 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-04-29 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-04-28 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-04-27 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-04-24 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-04-23 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-04-22 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-21 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-04-20 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-04-17 A 4/5 5/5 3/5 5/5 2/5 3/5 4/5
2026-04-16 A 4/5 5/5 3/5 5/5 2/5 3/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
104.34B
OE per share TTM
44.01
Owner's Yield
22.07%
Maintenance CapEx ratio
16.11%
Maint CapEx / Avg PPE
28.3%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
6.21M
Shares Outstanding
2.37B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Chonchanum Soonthornsaratoon Legal Adviser & Non-Executive Director 14M female
Kattiya Indaravijaya Chief Executive Officer & Executive Director 10M female
Pipatpong Poshyanonda President 1M
Chongrak Rattanapian President 1M male
Pipit Aneaknithi Chairman of Global Sustainability 1M male
Rungruang Sukkirdkijpiboon President 1M male
Sansana Sukhanunth Executive Vice President, Chief Financial Officer & Chief Accounting female
Pokkes Wongkittiruk Corporate Legal Counsel female
Pornvipa Tangtrongchit Head of Investment Banking Business female
Phaisarn Vorasetsiri First Senior Vice President & Compliance Head male
Nathapol Luepromchai Executive Vice President male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits