1. Thailand Stocks

  2. •

    Financial Services

  3. •

    Insurance - Life
Bangkok Life Assurance Public Company Limited

Bangkok Life Assurance Public Company Limited

BLA.BK
Bangkok Life Assurance Public Company LimitedTH flagStock Exchange of Thailand
23.20
THB
+0.40
- -
39.62BMarket Cap
Bangkok Life Assurance Public Company Limited
BLA.BK
(Stock Exchange of Thailand)

Recent

price

23.20

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
17.73
21.49
23.97
27.4
36.26
32.52
32.49
32.91
31.47
28.53
27.46
27.86
28.15
26.29
14.13
15.03
14.06
Revenue per Share
1.66
2.03
2.21
2.58
1.56
2.41
3
2.13
2.91
2.57
0.94
1.87
1.88
1.49
2.71
4.08
4.32
Basic EPS, GAAP
11.35
13.45
-0.04
-0.05
-0.07
-0.14
-0.4
-0.14
-0.06
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
0.25
0.55
0.5
0.54
0.4
0.78
0.64
0.75
0.54
0.72
0.32
0.23
0.88
0.56
0.4
0.85
0.38
Dividend per Share
3.5
4.81
6.52
8.52
9.66
11.26
13.6
14.96
17.34
19.19
19.25
20.88
21.89
21.94
24.24
26.33
27.27
Book Value per Share
6.49
7.89
11.56
13.13
15.08
15.84
19.53
22.69
22.55
25.91
26.98
28.02
26.14
25.71
28.07
32.25
31.01
Tangible Book Value per Share
1,680
1,680
1,682
1,695
1,695
1,702
1,705
1,708
1,708
1,708
1,708
1,708
1,708
1,708
1,708
1,708
1,708
Basic Weighted Avg Shares
29,781
36,106
40,312
46,435
61,475
55,331
55,402
56,198
53,732
48,710
46,894
47,581
48,069
44,886
24,123
25,673
24,013
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
139
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
2,796
3,417
3,724
4,381
2,650
4,108
5,110
3,635
4,970
4,386
1,608
3,196
3,212
2,548
4,634
6,968
7,385
Net Income, GAAP
22.12
29.43
21.84
17.52
14.34
15.93
16.06
12.4
14.04
17.3
8.68
15.08
15.02
14.82
16.92
13.34
16.29
Effective Tax Rate (%)
9.39
9.46
9.24
9.43
4.31
7.42
9.22
6.47
9.25
9
3.43
6.72
6.68
5.68
19.21
27.14
30.75
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
10,917
13,277
19,465
22,264
25,576
26,990
33,329
38,765
38,508
44,260
46,098
47,966
44,783
44,027
48,064
55,196
53,061
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
59.66
49
39.12
34.49
17.2
23.12
24.13
14.92
18.02
14.06
4.9
9.33
8.79
6.81
11.75
16.14
17.03
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,708
1,708
1,708
Market Capitalization
32,102
34,322
34,834

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
298,282
294,525
278,148
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
2,148
1,793
1,109
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.8%
3.95%
14.84%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
16.79%
42.16%
50.38%
Sales/Revenue/Turnover
-5.99%
-8.79%
6.42%
Total Cash Common Dividend
25.22%
60.58%
114.31%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,738
3,374
6,428
11,656
24,123
2025
5,698
4,863
7,239
5,807
25,673
2026
6,103
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.66
0.58
0.88
- -
2.71
2025
0.73
1.25
1.35
- -
4.08
2026
0.94
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.4
2025
- -
- -
- -
- -
0.85
2026
- -
- -
- -
- -
- -
Similar Companies
Samsung Life Insurance Co., Ltd. (032830.KS)
Chesnara plc (CSN.L)
Brighthouse Financial, Inc. (BHFAO)
Athene Holding Ltd. (ATHLL)
Atlantic American Corporation (AAME)
China Life Insurance Company Limited (LFC)
Business
Bangkok Life Assurance Public Company Limited Bangkok Life Assurance Public Company Limited (BLA.BK) provides life insurance and comprehensive financial planning services to individuals and corporates in Thailand. The company offers a broad range of life insurance products, including protection, savings, education, pension, health, critical illness, total permanent disability, and accident plans; group insurance; bancassurance products such as credit protection insurance; and mutual funds encompassing foreign investment, mixed, long-term equity, equity, money market, fixed income, retirement, alternative, and super saving funds. It also provides general insurance products comprising personal and business all risks coverage, including fire, motor, burglary, personal accident, accident and personal health, travel accident, cancer, golfer's indemnity, home multicover, medical malpractice liability, business interruption, marine, hull, workmen's compensation, money, contractors’ plant and equipment, contractors’ all risks, erection all risks, boiler and pressure vessel, electronic equipment, industrial all risks, public liability, neon-sign, plate glass, fidelity guarantee, group accident and health, and shop multicover insurance; in addition, it extends individual and legal entity business loans. Founded in 1951 and headquartered in Bangkok, Thailand, the company operates primarily through bancassurance (56% of premiums), agency (38%), and other channels, with total assets of THB 314,575 million as of end-2024. In 2024, Bangkok Life Assurance reported a 42% net profit increase to THB 3,623 million, driven by 2% growth in first-year premium income to THB 7,037 million and total premiums to THB 34,837 million, alongside a refreshed vision emphasizing "Caring" for stakeholders and the launch of the "Caring" brand campaign positioning it as "The Most Caring Life Insurance Brand"; it maintained a capital adequacy ratio of 441%, well above regulatory requirements.