Risk factor
Low price volatility
Profitability factor
Solid dividends
About
Bangkok Bank Public Company Limited, established in 1944 and headquartered in Bangkok, Thailand, delivers a wide array of commercial banking products and services domestically and globally. The bank's operations are segmented into Domestic Banking, International Banking, Investment Banking, and other specialized divisions. For individual customers, the bank provides a diverse range of personal financial solutions including various deposit accounts (savings, checking, term, and foreign currency), personal and home mortgages, and loans tailored for pensioners. It also facilitates investments through mutual funds, bonds, debentures, and agency services, alongside offering life and non-life bancassurance products. Essential transactional services encompass payment processing, fund transfers, currency exchange, foreign instrument handling, and SMS alerts, supported by a suite of payment cards (debit, credit, prepaid) and digital access channels like online banking, mobile apps, phone banking, and ATMs. Business clients benefit from a robust portfolio of services, starting with operating accounts and extending to financing for small and medium-sized enterprises (SMEs), international trade, investment banking activities, and e-guarantee provisions. The bank delivers extensive securities services, including custodian roles, mutual fund supervision, and acting as registrar for provident funds, securities, and debenture holders. Additional corporate offerings include specialized personal loans for small businesses, payment and collection services, merchant solutions, digital banking tools, and commercial cards. Furthermore, the bank specializes in trade finance, remittances, export and import facilitation, project and corporate finance, financial advisory, and sophisticated liquidity, fund, and asset management services.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. Specifically, the stock is fairly valued on P/E, neutral on EV/EBIT
Target Price
The average target price of BBL.BK is 182 and suggests 4.72% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to