2023-06-25 04:59:33
Reporters reported that on (June 23, 2023) Mr. Adisorn Mungpalchon Securities Investment Analyst Phillip Securities (Thailand) Public Company Limited has analyzed regarding SCB X Public Company Limited or SCB It is expected that in the second quarter of 2023 there will be a profit of 11.3 billion baht, an increase of 12.5% compared to the same period last year and an increase of 2.8% compared to the previous quarter. which is expected to grow well Including raising interest rates on loans will increase interest income. And is the main reason for increasing profits. Ready to expect that the profit from investment has a chance to increase as well
In addition, the company’s loan, SCB, is also seen as the fastest growing loan in May, increasing 1.1% from the previous month. June is expected to continue to increase, but is expected to that the NPL in this quarter may increase From the previous quarter, SCB’s NPL dropped to 3.3%, in contrast to most banks with higher NPLs.
At the same time, analysts maintain their 2023 profit forecast of the company at 39.6 billion baht, an increase of 5.4% compared to the same period last year. from increased interest income following the increase in loans and an increase in loan interest rates. The basic price remains at 129 baht, with a difference between the current stock price remaining. In addition, SCB has adjusted the payout ratio last year to 60% and in 2023 it is expected to pay a dividend of 7.05 baht per share. Representing a high dividend yield of 6.6%, it is recommended to buy.
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