Krung Thai Bank reported a net profit of 24.56 billion baht for the first half of 2026. This figure represents a 7.6% increase compared to the same period last year.
Net interest income fell 14.7% year-over-year. Rising income from wealth management and capital markets offset this decline. The bank maintained a non-performing loan ratio of 2.92%.
Fitch Ratings issued a warning for the Thai banking sector for the remainder of 2026. The agency expects a sluggish macroeconomy and narrowing margins to pressure earnings. Potential SME defaults pose additional risks to asset quality. Fitch noted that Krung Thai Bank saw sharp net interest margin compression in the first quarter of 2026.