Bangkok Bank's Q2 2026 profit disappoints, dragging banking stocks sharply lower; banking index plunges 3.28%

EarningsAnalyst Impact 4
โดย HoonSmart·Read original
Summary · why it matters

Bangkok Bank reported a second-quarter 2026 net profit of 9.49792 billion baht, well below market expectations, sending its share price tumbling 6.50 percent to close at 187 baht. This triggered heavy selling across the banking sector, with the banking index falling 3.28 percent to close at 600.60 points. Combined trading value of the four major banks—Bangkok Bank, Siam Commercial Bank, Kasikornbank, and Krung Thai Bank—reached 32.74721 billion baht, accounting for nearly 30 percent of total market turnover of 116.52127 billion baht. Several analysts downgraded their recommendations and target prices for Bangkok Bank. For instance, Citigroup cut its target price to 189 baht from 190 baht, while KGI Securities Thailand downgraded the stock to hold with a new target price of 210 baht, citing that the net interest margin, which hit a low in the second quarter, should recover in the second half of the year.

Impact on stocks 4

Digital Finance & Tokenization▼ · 2 stocks
Bangkok Bank PCL
BBL
▼ NegativeCapitalrelevance

Q2 2026 net profit of 9.49792 billion baht missed expectations, triggering a 6.5% share price drop and analyst downgrades.

SCB X Public Company Limited
SCB
▼ NegativeCapitalrelevance

Dragged down by sector-wide selling after Bangkok Bank's disappointing earnings, with the banking index falling 3.28%.

Financials▼ · 2 stocks
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