Thai Credit Bank PCL has operated as a commercial bank for more than 19 years, offering a wide range of financial and investment services. Thai Credit Bank continues to focus on providing loans to Micro, Small, and Medium Enterprises (MSME) and Nano and Micro Finance for small businesses. This caters to the grassroots entrepreneurs, the backbone of the country, who often find it challenging to access financial services, including home loan and digital financial transaction channels (Digital Platform).
| 3M26 | 3M25 | 2025 | 2024 |
|---|
| Revenues | 4,890.09 | 4,651.79 | 19,145.37 | 18,701.42 |
| Expenses | 3,426.83 | 3,520.32 | 14,141.69 | 14,162.94 |
| Net Profit (Loss) | 1,164.67 | 903.04 | 4,016.28 | 3,624.03 |
| Assets | 220,740.66 | 188,006.75 | 209,542.02 | 183,101.80 |
| Liabilities | 193,270.78 | 164,071.94 | 183,247.11 | 160,069.52 |
| Shareholders' Equity | 27,469.88 | 23,934.81 | 26,294.91 | 23,032.28 |
| Operating | 3,364.73 | 775.32 | 2,107.46 | -2,247.87 |
| Investing | -3,553.95 | -621.38 | -661.98 | 799.27 |
| Financing | -41.78 | -33.69 | -1,180.33 | 1,470.36 |
| EPS (Baht) | 0.94 | 0.73 | 3.25 | 2.95 |
| GP Margin (%) | ||||
| NP Margin (%) | 23.82 | 19.41 | 20.98 | 19.38 |
| D/E Ratio (x) | 7.04 | 6.85 | 6.97 | 6.95 |
| ROE (%) | 16.64 | 18.63 | 16.28 | 17.88 |
| ROA (%) | 4.41 | 4.75 | 4.42 | 4.59 |
Thai Credit Bank PCL strives to be the number one among small business customers with a unique business model and meet the real demands of Thai people across all regions. In 2026, Thai Credit's strategy remains focused on balanced and sustainable growth, coupled with rigorous asset quality management. This is under the strategic pillar of customer-centricity, achieved through the design of highly flexible products, along with continued upgrading of Digital Core Banking. The bank will also prepare for uncertainties by carefully managing loan quality and maintaining NIM in a low-interest rate environment.
In 2026, Thai Credit continues to target double-digit loan growth, a NIM of 7.5-8.0%, an expense-to-income ratio of 42.0-44.0%, a credit cost of 1.50-2.00%, and a NPL ratio of less than 4.5%.
Thai Credit is a commercial bank that adheres to its vision and mission that focuses on conducting business on the basis of sustainable growth by providing the best financial services to support customers grow their business and improve people's quality of life with the Bank's unique microfinance services and elevate the financial status, including contributes to the economy and society, in line with the bank's philosophy, “Everyone Matters”.
In addition, Thai Credit prioritizes raising the quality of life and financial knowledge for communities and society and driving change through various Thai Credit’s initiatives and dedication to regularly conducting business responsibly.
1. Thai Credit under Tang To Know-How entering 10th years. In Q1/2026, there were 14,822 people through over 236 sessions.
2. Thai Credit launched "QR Shop Loan" under the concept of "Create Opportunities, Get Additional Capital, Simply Receive Payments via QR Code Scanning at Shops" to meet the needs of small business owners using the MicroPay e-wallet app, supporting their access to funding.
Thai Credit reported its financial results for Q1/2026, posting net profit of THB 1,164.7 million, up 29.0% YoY. The Bank also achieved a remarkable ROE of 17.3%, despite a challenging economic environment. Growth was driven primarily by the expansion of its total loan portfolio, which increased by 3.8% YTD, supported by continued growth across its core lending segments. ECL reduced significantly by 29.7% YoY, with the gross NPLs ratio remaining stable at a low level of 4.2%. The Bank maintained a strong NIM at 7.0%
In the 1Q/2026, Thai Credit’s net profit was THB 1,164.7 million, an increase of 29.0% YoY. The main reason was a significant reduction in ECL resulting from the Thai Credit's prudent lending management. Furthermore, it resulted from the continued implementation of loan assistance measures since 2025, aimed at accelerating assistance to borrowers before they reach Stage 2 and Stage 3 loan defaults, thus reducing loan downgrades. In addition, non-interest income increased by 2,563.9% YoY, mainly due to accrued income from FIDF compensation under the "You Fight, We Help" scheme and an increased by 1.2% YoY, aligning with the expansion of loan disbursements. The ROE in the 1Q/2026 remained high compared to the industry average at 17.33%, up from 15.38 percent in 1Q/2025.
In the 1Q/2026, loans to borrowers increased by 3.8% YTD. However, the NPLs ratio remained stable at 4.2%. Furthermore, the NPL Coverage Ratio remained high at 154.6%, aligns with Thai Credit's cautious operational strategy.
- Thai Credit partnered with T Life Assurance Public Company Limited, a Thanachart Group company, offering life insurance products through Thai Credit Bank branches
Risk management is key to Thai Credit's stable and sustainable growth. Thai Credit has a risk management plan which focuses on developing and strengthening risk management systems across several areas to ensure that all essential processes are covered, and in line with the BOT's risk oversight guidelines. The risk management plan provides possible mitigation measures to challenges arising from loan quality, especially in a situation caused by an external factor beyond the control of Thai Credit.
Besides, established its organizational structure considering the balance of power and efficient operational processes. It has also adhered to the principles of good corporate governance, implemented a risk reporting system, and put in place suitable risk management tools and processes to manage risks effectively. Also, encouraged all its employees to inform themselves of operational procedures relating to risk management and about their duties and responsibilities, through the publication of a risk management policy, relevant trainings, and supervision in each business unit.
- Thai Credit received the "Most Transformational" award at the Future Trends Awards 2026
| as of 31/03/26 | CREDIT | BANK | SET |
|---|---|---|---|
| P/E (X) | 5.20 | 8.84 | 16.56 |
| P/BV (X) | 0.79 | 0.79 | 1.36 |
| Dividend yield (%) | 5.80 | 6.95 | 4.41 |
| 31/03/26 | 30/12/25 | 30/12/24 | |
|---|---|---|---|
| Market Cap (MB) | 20,868.78 | 19,140.01 | 22,844.53 |
| Price (B/Share) | 16.90 | 15.50 | 18.50 |
| P/E (X) | 5.20 | 4.74 | 7.20 |
| P/BV (X) | 0.79 | 0.76 | 1.04 |
