TMBThanachart Bank Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
October 20, 2022 at 01:44 am EDT
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TMBThanachart Bank Public Company Limited reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net interest income was THB 12,968.24 million compared to THB 12,576.55 million a year ago. Net income was THB 3,714.64 million compared to THB 2,358.65 million a year ago. Basic earnings per share from continuing operations was THB 0.0384 compared to THB 0.0245 a year ago. Diluted earnings per share from continuing operations was THB 0.038 compared to THB 0.0244 a year ago.
For the nine months, net interest income was THB 37,790.86 million compared to THB 38,231.01 million a year ago. Net income was THB 10,347.87 million compared to THB 7,674.71 million a year ago. Basic earnings per share from continuing operations was THB 0.1071 compared to THB 0.0796 a year ago. Diluted earnings per share from continuing operations was THB 0.1063 compared to THB 0.0794 a year ago.
TMBThanachart Bank Public Company Limited is a Thailand-based company, which is engaged in commercial banking businesses. The Companyâs subsidiaries are engaged in the provision of asset management and brokerage service. The Company operates through two segments: Commercial Banking, and Retail Banking. The Commercial Banking segment includes Wholesale Banking and Small Enterprise. Wholesale Banking serves large-sized and medium-sized business customers. The main products and services are corporate loans, letters of guarantee, deposits, trade finance and foreign exchange, supply chain solution, financial management, and other financial services. Small Enterprise serves small-size business customers. The main products and services are corporate loans, deposits and bancassurance. The Retail Banking segmentâs main products and services are deposits, housing loans, hire purchases, finance leases, personal loans, card services, bancassurance and mutual funds, and foreign currency services.