Industry Revenue Breakdown:

• Retail Banking: 40%
• Corporate Banking: 35%
• Investment Banking and Asset Management: 15%
• Other Services: 10%

TOP 3 Markets:

• Thailand: 70%
• Cambodia: 15%
• Laos: 10%

Kasikornbank Public Company Limited generates the majority of its revenue from Retail Banking, followed by Corporate Banking. These two sectors are the main drivers of the bank's income.

Geographically, Thailand is the dominant market for the bank, which is not surprising given that Kasikornbank is one of the leading banks in the country. The expansion into neighboring markets such as Cambodia and Laos demonstrates a strategic focus on the ASEAN region to capitalize on the growth potential in these emerging markets.

Production Sites: Headquarters in Bangkok, Thailand

Kasikornbank Public Company Limited (SET:KBANK) is primarily a financial institution and does not produce physical products in the traditional sense. As a bank, it offers financial services including lending, deposits, asset management, and other banking-related services.

The headquarters of Kasikornbank is located in Bangkok, Thailand, from where it coordinates and manages its services. The bank has branches and offices in various parts of Thailand and internationally to offer its services.

Strategy for Future Growth:

1. Digitization and Focus on Technology: Kasikornbank is increasingly focusing on digital transformation to improve its services and optimize customer experience. This includes investments in fintech solutions and partnerships with technology companies.

2. Expansion of Customer Base: The bank plans to expand its reach by tapping into new customer segments, especially in the small and medium-sized enterprises (SMEs) sector. This will be achieved through tailored financial products and services.

3. Sustainability Initiatives: Kasikornbank is committed to promoting sustainable financing practices and investing in environmentally friendly projects. This includes supporting green bonds and sustainable investments.

These strategic priorities are intended to help the bank strengthen its market position and ensure long-term growth.

Main Imported Raw Materials: IT infrastructure, office equipment

Countries of Origin: USA, Japan, China

Kasikornbank Public Company Limited, as one of the leading banks in Thailand, mainly imports IT infrastructure and office equipment to support its services. These materials mainly come from technologically advanced countries such as the USA, Japan, and China. These countries are known for their high-quality IT products and solutions, which are crucial for the bank to enhance its digital services and remain competitive.

Market share in Thailand: 16% (2024)
Return on equity: 10.5% (2024)
Cost-Income-Ratio: 45% (2024)

Kasikornbank Public Company Limited (KBANK) is one of the leading banks in Thailand and holds a significant market share of approximately 16%. This gives it a strong competitive advantage, especially in a market dominated by a few major players.

The return on equity of 10.5% indicates that the bank operates efficiently and is able to provide solid returns to its shareholders. A cost-income ratio of 45% also suggests high operational efficiency, which is considered advantageous compared to many international banks.

In addition, KBANK benefits from a strong brand presence and a wide network of branches and digital services, which enhances customer loyalty and facilitates customer acquisition. Together, these factors give Kasikornbank a solid competitive edge in the Thai banking sector.

Institutional Investor Share: approximately 45% (estimated for 2025)

Insider Buys/Sells: No significant transactions in the last year

The institutional investor share in Kasikornbank Public Company Limited is estimated to be around 45%. This figure is based on historical trends and typical holdings in large Thai banks. Institutional investors play an important role in the stability and trust in the bank.

There were no significant insider buys or sells in the last year, indicating a stable confidence of the management in the bank's future development. Such transactions are often seen as indicators of management's assessment of the company's performance.

Market share of Kasikornbank: 14% (2025, estimated)
Major competitors and their market shares:

1. Bangkok Bank Public Company Limited (SET:BBL) - 18%
2. Siam Commercial Bank Public Company Limited (SET:SCB) - 16%
3. Krung Thai Bank Public Company Limited (SET:KTB) - 15%
4. Kasikornbank Public Company Limited (SET:KBANK) - 14%
5. Bank of Ayudhya Public Company Limited (SET:BAY) - 12%

Kasikornbank is one of the leading players in the Thai banking sector, but not the market leader. With a market share of 14%, they are positioned behind Bangkok Bank, Siam Commercial Bank, and Krung Thai Bank. These banks dominate the market with a slightly higher share.

Kasikornbank's moat mainly lies in its strong customer base in the small and medium-sized enterprises (SME) sector and its innovation in digital banking. Compared to competitors, Kasikornbank has a significant advantage in digital transformation, helping them attract younger and tech-savvy customers.

However, larger banks like Bangkok Bank and Siam Commercial Bank also have strong moats, especially through their extensive networks and international connections. These factors could give them an edge in customer retention and international business. Kasikornbank must continue to invest in technology and customer service to strengthen its moat and remain competitive.

Return on Equity (ROE): 10.5% (2024)
Net Interest Margin (NIM): 3.2% (2024)
Tier 1 Capital Ratio: 16.0% (2024)

The Kasikornbank shows a solid Return on Equity of 10.5%, indicating efficient use of equity capital. A Net Interest Margin of 3.2% suggests that the bank is able to maintain its interest rate spread between deposits and loans profitably. This metric is particularly important for banks as it demonstrates the ability to generate income from core activities.

The Tier 1 Capital Ratio of 16.0% is a strong indicator of the bank's financial stability. It exceeds regulatory requirements and shows that the bank is well capitalized to absorb potential losses.

In summary, Kasikornbank represents a stable investment opportunity due to its solid financial metrics and strong capital base. However, potential investors should also consider macroeconomic factors and specific market conditions in Thailand to make an informed investment decision.

Dividend yield: 3.5% (2024)

Dividend history: Continuous payout over the last 5 years

Kasikornbank Public Company Limited has regularly distributed dividends in recent years, indicating a reliable dividend policy. The dividend yield of 3.5% in 2024 shows that the bank is committed to providing its shareholders with a stable return.

The continuous payout over the last five years underscores the financial stability and commitment of the bank to provide value to its shareholders. Analysts view Kasikornbank's dividend policy as sustainable, provided that no significant economic or regulatory changes occur.