Bank of Ayudhya, or BAY, reported a second-quarter 2026 net profit of 8.293 billion baht, stable from the same period last year, and a first-half net profit of 16.912 billion baht, up 6.8% from the first half of 2025. Growth was supported by the expansion of large corporate and ASEAN business loan portfolios, higher net fee and service income, and effective management of financial costs and operating expenses. Total loans rose 0.4% from the end of 2025, with large corporate and ASEAN customer portfolios growing 6.0% and 5.1%, respectively. Net interest margin improved to 4.60% from 4.14% in the first half of 2025. The non-performing loan ratio declined to 3.08% from 3.26% at the end of 2025, and the bank's capital adequacy ratio stood at 20.20%. Mr. Kenichi Yamato, President and Chief Executive Officer, said the strong performance aligns with the 2026 strategy focusing on quality loan growth, efficient balance sheet management, and prudent risk management amid a slowing economy. Krungsri forecasts Thailand's economic growth at 1.9% for 2026.
Bank of Ayudhya PCLBAY reported a 6.8% increase in first-half net profit, driven by loan growth and improved margins.