TMBThanachart announced an interim dividend of 0.065 baht per share, an increase of 30% from the previous interim or a dividend payout ratio (DPR) at 60% from the six-month operating results, reflecting the Bank's commitment to generate consistent and sustainable returns to shareholders.
TMBThanachart Bank Public Company Limited, or TMBThanachart (ttb), notified the Stock Exchange of Thailand that its Board of Directors' Meeting has passed the resolution to approve an interim dividend payment from the first six-month operating results at 0.065 baht per share. The ex-dividend date (XD) will be on October 7, 2024, and the cash dividend payment will be made on October 24, 2024.
Mr. Piti Tantakasem, CEO of TMBThanachart, mentioned, "The Bank has always focused on prudent business direction with the aim to strengthen financial positions and readiness in all dimensions since the merger, which thus enable us to withstand with economic conditions and pursue customer missions, particularly continuous supports for vulnerable customers in consistent with the government's measures in household debt resolution.
In addition, the Bank has been able to continuously enhance shareholder value as it is also one of our priorities. With quality growth strategy and digital capabilities to enhance business efficiency, we have achieved the operating results as targeted. Most importantly, the Bank could strengthen capital levels which gives us capabilities in generating higher dividends since the merger.
From the first six-month operating performance in 2024, the Bank has announced an interim dividend at 0.065 baht per share, an increase of 30% from an interim of 0.05 baht per share paid in 2023. Such payment represents an interim dividend payout ratio at approximately 60%, which is one of the highest payout rates among banking stocks.
Moving forward, we will continue focusing on efficient capital management, creating opportunities to enhance shareholder values in a sustainable manner in all dimensions including improving ROE, consistent dividend stream, and positive share price performance along with financial results that have been delivered as targeted. We will also ensure robust capital levels as reflected by Tier 1 capital ratio and CAR ratio which were at 17% and 20% at the end of the second quarter of 2024. Such ratios were among the highest in the industry and higher than the minimum requirement of D-SIBs set by the BOT at 9.5% and 12.0%, respectively."
TMBThanachart reported a net profit of THB 5,299 million for 3Q25 and a total of THB 15,399 million for 9M25.
TMBThanachart reported a net profit of THB 5,004 million for 2Q25 and a total of THB 10,100 million for 1H25.
TMBThanachart reported a net profit of THB 5,096 million for the 1st quarter of 2025, driven by efficient cost management
TMBThanachart will seek shareholders' approval for the dividend payout of 60% of 2024 net profit
TMBThanachart announced a 3-year share repurchase program worth up to 21,000 million baht
TMBThanachart reported the net profit of THB 5,230 million for the third quarter of 2024 and THB 15,919 million for the nine-month period
TMBThanachart reported net profit of THB 4,735 million in 3Q23, a 27% increase from the same period last year