TTB Posts 16.1 Billion Baht Nine-Month Profit, NPL Falls to 2.88%

TTB Posts Nine-Month Profit Exceeding 16 Billion, NPL Drops to 2.8%

On October 20, 2026, TMBThanachart Bank Public Company Limited (TTB) and its subsidiaries reported a third-quarter net profit of 5,457 million baht, lifting nine-month net profit for 2026 to 16,139 million baht. Asset quality remained well-controlled with the non-performing loan ratio falling to 2.88%, below the 3.2% target. Although the bank assesses the impact of recent flooding as limited, it has maintained additional provisions as a precaution, pushing the coverage ratio up to 159% from 152% at end-2025, underscoring strong risk absorption capacity. TTB is moving ahead to assist all affected customer segments through the "Tang Lak" program.

Chief Executive Officer Piti Tantakasem stated that the first nine months of 2026 performed on target, with Q3 reflecting progress in three key areas: maintaining earnings momentum, managing asset quality and flood-affected customers, and building long-term revenue growth.

"Sustaining Earnings Momentum" The bank continues to emphasize quality loan growth and mitigate the impact of low interest rates by expanding higher-yield retail lending while aligning funding costs. This helped net interest income improve gradually in Q3 versus Q2. Coupled with efficient operating cost management, pre-provision operating profit for nine months 2026 stood at 27,524 million baht, nearly flat with 27,476 million baht in the same period last year.

"Stable Asset Quality" Stability is reflected in non-performing loans holding steady at around 39 billion baht for eight consecutive quarters. The NPL ratio fell to 2.88% against the 3.2% target framework. For the late-Q3 flood event, the bank accelerated assistance via the "Tang Lak" program, open for registration from September 25 to December 31, 2026, covering business, SME, and retail loans. The bank estimates participating loans will not exceed 1% of the total portfolio, so the impact on asset quality should be limited and manageable. Nevertheless, for prudence, TTB set aside additional Management Overlay provisions for flood risks and other economic uncertainties, raising the coverage ratio to 159% from 152% at end-2025, reflecting robust risk coverage.

"Driving Future Growth by Strengthening the Wealth Ecosystem" In Q3, TTB announced strategic partnerships with leading partners DBS Bank and Schroders through ttb wealth securities, the group's securities arm, to elevate its wealth management business. It also launched the My Wealth feature and partnered with Webull to expand investment channels and Digital Wealth Advisory for customers.