KBANK closes morning session up 2.02% on strong first-half results, brokers raise target price
AnalystEarnings
Kasikornbank shares closed the morning session on 6 August 2026 at 252.00 baht, up 5.00 baht or 2.02%, supported by stronger-than-expected first-half earnings. Net fee income grew as much as 22.4% year-on-year, effectively cushioning pressure from the Bank of Thailand's fee control regulations. Leading broker UOB Kay Hian subsequently raised its net profit forecasts for 2026 through 2028 and lifted its target price to as high as 285 baht, triggering follow-on buying from institutional and foreign investors. Large corporate loans are also trending toward the upper end of the target range or slightly above, driven by demand for working capital financing. Analysts see scope for the bank to raise its dividend payout ratio or pay a special dividend from its ample excess capital, while fund inflows into large commercial bank stocks and continued accumulation by major investors are providing additional support.
