Analysts at Yuanta Securities Thailand forecast that MTC will report a net profit of 1.879 billion baht for the second quarter of 2026, up 14.1% from the same period last year and 3.1% from the previous quarter, marking a new quarterly record. The results are scheduled to be announced on August 11. The growth is driven by net interest income, which is expected to rise 2.2%, supported by a 2.6% acceleration in the total loan portfolio due to demand from upcountry customers at the start of the new planting season and government economic stimulus measures. Additionally, the net interest margin is expected to increase to 13.5% from 13.4% in the prior quarter, as financial costs decline following the issuance of new bonds with lower coupon rates. Non-interest income is projected to grow 2.2%, lifted by higher loan fees and insurance brokerage commissions in line with the expanding loan portfolio. Provisions are expected to rise by about 5.6%, even though the non-performing loan ratio remains stable compared to the previous quarter, reflecting a more cautious provisioning policy to buffer against future risks. The coverage ratio is expected to stay steady at 146.9%.
Muangthai Capital Public Company LimitedAnalyst forecasts record Q2 profit growth driven by higher net interest income and lower financial costs.
