1. Thailand Stocks

  2. •

    Financial Services

  3. •

    Banks - Regional
Kasikornbank Public Company Limited

Kasikornbank Public Company Limited

KPCUF
Kasikornbank Public Company LimitedUS flagOther OTC
6.55
USD
- -
- -
15.52BMarket Cap
Kasikornbank Public Company Limited
KPCUF
(Other OTC)

Recent

price

6.55

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
43.62
39.91
46.18
53.05
60.9
64.73
67.37
68.95
68.64
70.87
67.18
71.31
75.96
86.45
88.41
87.58
88.74
Revenue per Share
8.38
10.12
14.73
17.27
19.28
16.49
16.79
14.35
16.07
16.18
12.42
16.06
15.1
17.9
20.94
20.93
21.34
Basic EPS, GAAP
2.34
4.12
25.09
57.53
23.95
-29.62
68.67
-40.2
61.28
40.11
31.81
99.74
-4
0.27
29.02
88.93
115.88
Free Cash Flow per Basic Share
2.71
2.5
2.5
3
3.5
4
4
4
4
4
4.49
3
3.25
4
7.5
12.5
2
Dividend per Share
44.98
51.27
62.52
76.84
91.96
104.38
117.33
127.52
140.4
151.66
161.27
175.77
188.1
201.05
213.55
220.85
227.94
Book Value per Share
53.85
61.91
74.73
89.33
106.47
120.33
137.86
151.77
164.52
179.77
196.96
215.98
227.95
240.65
259.65
271.17
272.43
Tangible Book Value per Share
2,393
2,393
2,393
2,393
2,393
2,393
2,393
2,393
2,393
2,393
2,373
2,369
2,369
2,369
2,369
2,368
2,364
Basic Weighted Avg Shares
104,392
95,522
110,521
126,963
145,758
154,910
161,239
165,020
164,264
169,602
159,441
168,946
179,985
204,824
209,465
207,427
209,739
Sales/Revenue/Turnover
29.16
- -
43.04
44.35
43.22
35.17
34.6
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
4,238
4,649
4,884
5,034
5,723
6,732
7,264
7,333
7,393
7,559
8,736
7,329
8,584
8,764
8,992
9,649
9,679
Depreciation Expense
20,047
24,226
35,260
41,325
46,153
39,474
40,174
34,338
38,459
38,727
29,487
38,053
35,769
42,405
49,604
49,565
50,441
Net Income, GAAP
29.88
34.78
22.74
20.35
20.15
19.32
18.74
18.55
19.04
19.18
18.52
18.72
18.53
19.3
19.62
19.92
19.5
Effective Tax Rate (%)
19.2
25.36
31.9
32.55
31.66
25.48
24.92
20.81
23.41
22.83
18.49
22.52
19.87
20.7
23.68
23.9
24.05
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
96,684
121,743
242,180
224,040
151,637
148,153
249,608
139,672
198,570
163,452
134,408
217,202
159,335
260,779
186,165
222,783
268,682
LT Debt
145,487
166,965
200,821
237,007
280,686
312,213
353,912
387,822
417,822
453,715
491,286
536,675
567,079
598,585
645,662
673,768
675,331
Total Equity
7.42
- -
9.61
10.84
11.79
9.85
8.52
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
19.94
21.03
25.89
24.78
22.85
16.8
15.14
11.72
12
11.08
7.91
9.52
8.3
9.2
10.1
9.63
9.54
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
253,017
222,783
268,682
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,369
2,369
2,369
Market Capitalization
366,169
355,773
497,116

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
1,148,473
1,539,465
1,258,232
Accounts Receivable, Net
- -
19,914
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
29,322
33,878
27,524
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.02%
6.54%
4.35%
Free Cash Flow
1,000.03%
2,159.79%
206.28%
Net Income, GAAP
3.46%
11.7%
-0.08%
Sales/Revenue/Turnover
3.08%
5.52%
-0.97%
Total Cash Common Dividend
- -
30.45%
66.67%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
49,842
53,402
48,723
60,619
209,465
2025
48,927
51,870
48,979
61,139
207,427
2026
47,750
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5.76
5.44
5.19
- -
20.94
2025
5.82
5.27
5.49
- -
20.93
2026
6.24
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
1.5
- -
7.5
2025
- -
- -
2
- -
12.5
2026
- -
- -
- -
- -
- -
Similar Companies
Community Heritage Financial, Inc. (CMHF)
PT Bank Mayapada Internasional Tbk (MAYA.JK)
Chesapeake Financial Shares, Inc. (CPKF)
Eagle Financial Services, Inc. (EFSI)
PT Krom Bank Indonesia Tbk (BBSI.JK)
Shinsei Bank, Limited (SKLKY)
Business
Kasikornbank Public Company Limited (KBank) is Thailand's second-largest commercial bank, providing a comprehensive range of financial services including retail banking with savings, current, fixed deposit and foreign currency deposit accounts; debit and credit cards; personal, home, auto and debt consolidation loans; wealth management through mutual funds, portfolio advisory and KAsset fund management; payment services via K PLUS digital platform supporting remittances in 25 currencies across 150 countries, QR payments including Alipay+ and WeChat integration, currency exchange and merchant ecosystem solutions; corporate banking for high-net-worth individuals, government entities and financial institutions encompassing loans, trade finance, treasury operations and capital markets; investment banking; securities brokerage; insurance distribution via partnership with Muang Thai Life Assurance; and digital asset services through subsidiaries like Orbix for cryptocurrency trading, custody, investment and blockchain technology. The bank operates 781 branches and over 10,000 self-service channels across all Thai provinces, with an international network of 16 establishments in eight countries including full branches in Hong Kong, Los Angeles, London, Hanoi, Vientiane and Indonesia; representative offices in China; and focus on AEC+3 expansion in Vietnam, Indonesia and China. Founded in 1945 by Choti Lamsam and headquartered at 400/22 Phahon Yothin Road, Bangkok, KBank lists on the Stock Exchange of Thailand and forms the core of the KASIKORNBANK FINANCIAL CONGLOMERATE. Recent developments include the 2023 acquisition of 97% of cryptocurrency exchange Satang Corporation for $102.8 million, rebranded as Orbix to consolidate digital asset operations and target 20% Thai crypto market share; deepened 2025 strategic partnership with J.P. Morgan Asset Management building on 2024 collaboration with KAsset for enhanced investment products; 2025 launch of four digital asset licenses and establishment of Kop50 Co., Ltd. as a sustainable ecosystem holding company; relocation of head office to Phahon Yothin in 2021 for operational efficiency; and ongoing 3+1 Productivity Strategy emphasizing AI-driven innovation, quality loan growth, capital-lite fee income scaling via K-Wealth and K PLUS enhancements targeting 23.9 million users, and new revenue from regional expansion and net-zero transitions with over 120 billion baht in sustainable financing since 2022.