Kasikornbank

KBANK

TH0016010009

Banks

End-of-day quote Thailand S.E. Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
129 ^THB	+1.98%		+4.03%	-4.44%

Apr. 23	News Highlights : Top Financial Services News of the Day - Tuesday at 4 PM ET	DJ
Apr. 23	Thai PM asks banks to top lower interest rates to help economy	RE

Kasikornbank Public Company Limited acquired 97% stake in Satang Corporation Company Limited.

October 29, 2023

Kasikornbank Public Company Limited (SET:KBANK) acquired 97% stake in Satang Corporation Company Limited on October 27, 2023. Kobkit Thienpreecha of Tilleke & Gibbins International, Ltd. acted as legal advisor to Satang.

Kasikornbank Public Company Limited (SET:KBANK) completed the acquisition of 97% stake in Satang Corporation Company Limited on October 27, 2023.

Latest news about Kasikornbank

News Highlights : Top Financial Services News of the Day - Tuesday at 4 PM ET	Apr. 23	DJ
Thai PM asks banks to top lower interest rates to help economy	Apr. 22	RE
Kasikornbank Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 22	CI
Kasikornbank Public Company Limited Announces Board Changes	Apr. 11	CI
Kasikornbank Public Company Limited Approves Dividend for 2023, Payable on May 10, 2024	Apr. 11	CI
Kasikorn Bank Confirms SDR Cash Dividend	Mar. 31	MT
Kasikornbank Public Company Limited Proposes Dividend from the Operating Results of 2023, Payable on May 10, 2024	Feb. 29	CI
Thai lender SCB X to acquire Home Credit Vietnam for $860 million	Feb. 28	RE
ContributionDAO announced that it has received SGD 2.8 million in funding from Kasikornbank Public Company Limited and other investors	Feb. 27	CI
Kasikornbank Public Company Limited Reports Earnings Results for the Full Year Ended December 31, 2023	Jan. 18	CI
Kasikornbank Public Company Limited Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Jan. 18	CI
Transcript : Kasikornbank Public Company Limited, Q4 2023 Earnings Call, Jan 19, 2024	Jan. 18
News Highlights : Top Financial Services News of the Day	Dec. 20	DJ
Klook Travel Technology Limited announced that it has received $210 million in funding from a group of investors	Dec. 05	CI
Klook Travel Technology Limited announced that it has received $210 million in funding from a group of investors	Dec. 05	CI
Thai PM 'very worried' about weak Q3 growth, plans more stimulus	Nov. 19	RE
Kasikornbank Public Company Limited acquired 97% stake in Satang Corporation Company Limited.	23-10-29	CI
Kasikornbank Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-19	CI
Kasikornbank Public Company Limited Announces Interim Dividend for the First-Half of 2023, Payment Date 29-Sep-2023	23-08-31	CI
Kasikornbank Public Company Limited Announces Executive Changes	23-08-27	CI
Analysis-After limbo, Thailand's new prime minister faces weakened economy	23-08-23	RE
Thailand's KBank in talks to buy Vietnam lender in up to $1 bln deal - sources	23-08-23	RE
Thailand's KBank in talks to buy Vietnam lender in up to $1 bln deal - sources	23-08-22	RE
Kasikornbank Eyes Vietnam Lender in Up to $1 Billion Deal, Reuters Reports	23-08-22	DJ
Kasikornbank Reportedly in Talks to Buy Home Credit Vietnam in Up to $1 Billion Deal	23-08-22	CI

Chart Kasikornbank

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Company Profile

KASIKORNBANK PUBLIC COMPANY LIMITED (the Bank) is a commercial bank. The Bank's Corporate Business customers include registered companies and certain private individual business customers, government agencies, state enterprises, and financial institutions, among others. The Bank and its subsidiaries provide a variety of financial products and services to these customers, such as long-term loans, working capital, letter of indemnity, and trade finance solutions, among others. Its Retail Business comprises individual customers who use products and services, such as deposit account, debit card, credit card, personal loan, housing loan, investment product and financial advisory services, and transactional banking services. Its Treasury and Capital Markets Business comprises funding, centralized risk management, investing in liquid assets, financial instruments, and others. Its Muang Thai Group Holding Business includes a group of companies that operate insurance and brokerage businesses.

Sector

Banks

Calendar

2024-07-18 - Q2 2024 Earnings Release (Projected)

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Ratings for Kasikornbank

Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

129 THB

Average target price

144.1 THB

Spread / Average Target

+11.74%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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Other Banks

Kasikornbank

Equities

KBANK

TH0016010009

Banks

Kasikornbank Public Company Limited acquired 97% stake in Satang Corporation Company Limited.

EPS Revisions