Interim report
Page 1
TMBThanachart Bank Public Company Limited and its Subsidiaries Statements of financial position 31 December 31 December 31 December 31 December Assets 2025 2024 2025 2024 (Unaudited) (Audited) (Unaudited) (Audited) Cash 12,632,873 14,808,968 12,632,873 14,808,968 Interbank and money market items, net 181,399,168 288,562,008 182,825,865 288,531,400 Financial assets measured at fair value through profit or loss 22,943,043 10,381,306 22,218,143 10,381,306 Derivative assets 9,601,754 8,662,690 9,569,317 8,662,690 Investments, net 237,852,340 156,349,723 237,835,645 156,349,723 Investments in subsidiaries and associate, net 8,592,627 8,583,917 7,128,583 4,833,521 Loans to customers and accrued interest receivables, net 1,153,575,123 1,190,288,920 1,155,211,579 1,189,538,269 Properties for sale, net 16,288,753 15,235,317 13,225,856 13,104,160 Premises and equipment, net 15,185,810 15,391,640 15,110,329 15,360,712 Goodwill and other intangible assets, net 25,310,183 25,003,280 25,218,039 24,955,839 Deferred tax assets 3,474,175 3,105,827 3,889,457 3,542,704 Other assets, net 15,109,930 12,148,904 13,485,600 11,628,515 Total assets 1,701,965,779 1,748,522,500 1,698,351,286 1,741,697,807 Liabilities and equity Liabilities Deposits 1,269,508,518 1,328,593,682 1,269,797,267 1,329,151,934 Interbank and money market items 98,178,925 90,184,171 98,601,270 90,184,171 Liabilities payable on demand 2,973,268 2,447,137 2,973,268 2,446,860 Financial liabilities measured at fair value through profit or loss 13,728,980 7,319,344 13,728,980 7,319,344 Derivative liabilities 5,841,205 7,156,153 5,835,555 7,156,153 Debts issued and borrowings 15,126,298 29,247,092 15,046,535 25,247,092 Provisions for employee benefits 4,290,048 4,327,567 4,014,590 4,174,348 Provisions for other liabilities 3,418,753 2,626,212 3,420,576 2,635,968 Other liabilities 44,705,876 38,808,775 43,564,971 38,608,470 Total liabilities 1,457,771,871 1,510,710,133 1,456,983,012 1,506,924,340 Bank onlyConsolidated (in thousand Baht)
Page 2
TMBThanachart Bank Public Company Limited and its Subsidiaries Statements of financial position 31 December 31 December 31 December 31 December 2025 2024 2025 2024 Liabilities and equity (Unaudited) (Audited) (Unaudited) (Audited) Equity Share capital Authorised share capital 97,830,583,125 ordinary shares of Baht 0.95 each 92,939,054 92,939,054 92,939,054 92,939,054 Issued and paid-up share capital 97,571,340,379 ordinary shares of Baht 0.95 each (31 December 2024: 97,401,410,657 ordinary shares of Baht 0.95 each) 92,692,773 92,531,340 92,692,773 92,531,340 Premium on share capital 43,362,964 43,371,256 43,362,964 43,371,256 Other reserves 7,456,912 4,395,360 8,541,402 5,445,324 Retained earnings Appropriated Legal reserve 10,091,000 10,091,000 10,091,000 10,091,000 Treasury shares reserve 5,104,709 - 5,104,709 - Unappropriated 90,590,259 87,423,411 86,680,135 83,334,547 Treasury shares (5,104,709) - (5,104,709) - Total equity 244,193,908 237,812,367 241,368,274 234,773,467 Total liabilities and equity 1,701,965,779 1,748,522,500 1,698,351,286 1,741,697,807 Consolidated (in thousand Baht) Bank only
Page 3
TMBThanachart Bank Public Company Limited and its Subsidiaries Statements of profit or loss and other comprehensive income Consolidated 2025 2024 2025 2024 (Unaudited) (Audited) (Unaudited) (Audited) Interest income 72,096,922 82,782,729 71,819,756 82,611,755 Interest expenses 21,460,158 26,331,085 21,382,136 26,182,514 Net interest income 50,636,764 56,451,644 50,437,620 56,429,241 Fees and service income 13,984,818 13,085,855 12,759,141 12,097,683 Fees and service expenses 3,775,999 3,712,485 4,219,115 4,098,675 Net fees and service income 10,208,819 9,373,370 8,540,026 7,999,008 Gain on financial instruments measured at fair value through profit or loss, net 2,235,200 1,769,809 2,232,091 1,769,809 Gain on investments, net 88,500 243,789 48,762 146,854 Share of profit from investment using equity method 263,127 255,887 - - Other operating income 2,244,685 1,304,767 3,598,316 2,100,567 Total operating income 65,677,095 69,399,266 64,856,815 68,445,479 Other operating expenses Employee expenses 15,768,097 15,588,874 14,812,666 14,804,783 Directors' remuneration 110,204 104,014 108,914 104,014 Premises and equipment expenses 3,258,091 4,375,509 3,174,311 4,308,265 Taxes and duties 1,723,523 1,853,825 1,705,662 1,826,253 Others 8,673,281 7,648,996 8,488,657 7,481,422 Total other operating expenses 29,533,196 29,571,218 28,290,210 28,524,737 Expected credit loss 16,485,440 19,851,982 16,956,536 20,028,163 Profit from operations before income tax 19,658,459 19,976,066 19,610,069 19,892,579 Tax income (980,957) (1,054,993) (1,179,594) (1,179,209) Profit for the year 20,639,416 21,031,059 20,789,663 21,071,788 Other comprehensive income Items that will be reclassified subsequently to profit or loss Gain on investments in debt instruments at fair value through other comprehensive income 882,943 1,026,906 925,209 1,129,056 Gain on cash flow hedges 185,653 150,106 185,653 150,106 Income tax relating to items that will be reclassified subsequently to profit or loss (213,719) (235,402) (222,172) (255,833) 854,877 941,610 888,690 1,023,329 (in thousand Baht) Bank only For the year ended 31 December For the year ended 31 December
Page 4
TMBThanachart Bank Public Company Limited and its Subsidiaries Statements of profit or loss and other comprehensive income Consolidated 2025 2024 2025 2024 (Unaudited) (Audited) (Unaudited) (Audited) Items that will not be reclassified subsequently to profit or loss Change in revaluation surplus on assets (31,578) (123,967) (31,578) (123,967) Gain (loss) on investments in equity instruments designated at fair value through other comprehensive income 2,653,626 (493,102) 2,653,626 (493,102) Actuarial gain on post-employment benefit plan 221,646 172,245 257,045 152,846 Share of other comprehensive income (loss) of associate (equity method) (1,107) 705 - - Income tax relating to items that will not be reclassified subsequently to profit or loss (568,518) 88,824 (575,819) 92,845 2,274,069 (355,295) 2,303,274 (371,378) Total other comprehensive income for the year, net of income tax 3,128,946 586,315 3,191,964 651,951 Total comprehensive income for the year 23,768,362 21,617,374 23,981,627 21,723,739 Profit attributable to: Equity holders of the Bank 20,639,416 21,031,032 20,789,663 21,071,788 Non-controlling interest - 27 - - Profit for the year 20,639,416 21,031,059 20,789,663 21,071,788 Total comprehensive income attributable to: Equity holders of the Bank 23,768,362 21,617,347 23,981,627 21,723,739 Non-controlling interest - 27 - - Total comprehensive income for the year 23,768,362 21,617,374 23,981,627 21,723,739 Earnings per share Basic earnings per share (in Baht) 0.22 0.22 0.22 0.22 Diluted earnings per share (in Baht) 0.22 0.22 0.22 0.22 Bank only For the year ended 31 December For the year ended 31 December (in thousand Baht)