Krungsri Securities maintains its buy recommendation on Bangkok Bank Public Company Limited, or BBL, and keeps its 2027 target price at 225 baht, citing four supporting factors: the maintenance of a 5% dividend yield, its position as one of the banks benefiting from the new investment cycle, the end of the interest rate downtrend, and BBL's shares trading at the cheapest valuation among banks at a forward PBV of 0.6x. For Q3/2026F, net profit is expected at 10.3 billion baht, down 25% year-on-year due to lower NIM and reduced FVTPL and investment gains, while profit rises 8% quarter-on-quarter on lower operating expenses, or OPEX.
Bangkok Bank PCLKrungsri maintains Buy rating and 225 baht target on BBL, citing 5% dividend yield and cheapest valuation at 0.6x forward PBV.
