Kiatnakin reports 43 percent profit growth. Kiatnakin stock sits 5.76 percent below its high

Published on 10/20/2026 at 00:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nine-month profit reached THB 6.47 billion, up 56.1 percent on October 19. A 6.56 percent forward yield gives Kiatnakin stock a valuation counterpoint.

Profit quality and valuation

Kiatnakin reported THB 2.39 billion in third-quarter net profit on October 19, 2026.
Nine-month operating income reached THB 21.30 billion, up 12.9 percent year over year.
Kiatnakin stock was last at THB 114.50 at 4:36 p.m. ICT on October 19, 2026, on the SET.
The forward dividend yield stood at 6.56 percent in October 2026.

Kiatnakin, TH0121010001, Illustration mit AI erstellt.

Kiatnakin (ISIN TH0121010001) reported third-quarter 2026 net profit of THB 2.39 billion, up 43.0 percent from the same period a year earlier. MakeMoney Insight published the figures on October 19, 2026, making the result the latest company-specific catalyst for the stock.

Profit reaches THB 2.39 billion

The quarter also brought a 12.5 percent increase from the previous quarter. Operating income rose 14.6 percent year over year to THB 7.71 billion, while non-interest income climbed 28.3 percent to THB 3.20 billion.

For the first nine months of 2026, net profit reached THB 6.47 billion, 56.1 percent above the comparable period. Operating income was THB 21.30 billion, up 12.9 percent, while net interest income rose 6.5 percent year over year to THB 4.51 billion, according to MakeMoney Insight.

What improved the bank earnings?

Fee and service income increased 46.5 percent year over year to THB 2.27 billion. The net interest margin reached 4.7 percent, compared with 4.4 percent in the third quarter of 2025, as interest expense fell 26.8 percent to THB 1.62 billion.

Asset quality also improved. The non-performing loan ratio fell to 3.4 percent from 4.3 percent at the end of 2025, while the coverage ratio reached 154.7 percent. The audited consolidated second-quarter filing was dated June 30, 2026, according to Thailand's Securities and Exchange Commission.

SET valuation stays near yearly high

Kiatnakin stock was last at THB 114.50 on the SET on October 19, 2026 at 4:36 p.m. ICT. That placed the quote 5.76 percent below its THB 121.50 52-week high and above the THB 62.50 low.

The bank's market capitalization was THB 98.5 billion on October 19, 2026. Yahoo Finance showed a forward dividend of THB 7.45 and a 6.56 percent yield in its October 6, 2026 market snapshot, giving income-oriented investors a separate valuation reference.

Reporting reference and stock valuation

The latest reporting period is the third quarter of 2026, with the balance-sheet figures measured as of September 30, 2026. Kiatnakin operates banking, capital-market and debt-restructuring businesses in Thailand, according to Yahoo Finance.

Kiatnakin's latest SET quote was THB 114.50 on October 19, 2026 at 4:36 p.m. ICT.