Summary of Financial Results for the First 9 Months of 2026: KKP - LHFG Net Profit Still Growing, But What Details Should Be Known?

As the fourth quarter begins, it is the season for Thai commercial banks to gradually announce their financial statements again, following TISCO Bank's report on 14 Oct 2026. TISCO Bank, under TISCO Financial Group Public Company Limited (TISCO), was the first to release its financial results, reporting a net profit of 5,302.18 million baht for the first nine months of 2026, an increase of 5.7% compared to the same period last year (YoY), prompting anticipation about other banks' performances.

Most recently, on 19 Oct 2026, two more small-sized banks disclosed their operating results. Thairath Money has summarized the noteworthy data here.

Kiatnakin Phatra Bank (KKP)

KKP revealed that in Q3 2026, it achieved a net profit of 2,388 million baht, up 43.0% YoY and 12.5% QoQ compared to Q2 2026. This growth was driven by its core business, benefiting from a diversified income structure—interest income remained stable, while non-interest income grew 28.3% YoY.

The rise in non-interest income came from several sources, including wealth management, financial and digital investment services from Dime!, fund management fees, merchant banking, and insurance brokerage commissions.

Additionally, net profit was supported by financial instruments measured at fair value through profit or loss, higher dividend income, and reduced losses from repossessed vehicles due to improved credit quality.

Total loans at the end of Q3 2026 increased by 3.7% year-to-date from the end of 2025, with credit loss provisions for the quarter totaling 928 million baht.

Notable points from the first nine months of 2026 are as follows:

• Net profit stood at 6,466 million baht, up 56.1% YoY.
• Net interest income was 13,059 million baht, rising 0.5% YoY.
• Non-interest income reached 8,243 million baht, increasing 40.2% YoY.
• Operating expenses were 10,200 million baht, down 4.8% YoY.
• The cost-to-income ratio was 43.5%.
• Non-performing loans (NPL) totaled 12,534 million baht as of 30 Sep 2026, down from 12,720 million baht on 30 Jun 2026.
• The NPL ratio to total loans was 3.5%, a decrease from 3.6% at the end of June 2026.
• Total loans as of 30 Sep 2026 amounted to 356,102 million baht, up 3.7% from the end of 2025.
• The capital adequacy ratio (BIS Ratio) stood at 16.00%.

LH BANK

Land and Houses Bank (LH BANK) is the core business of Land and Houses Financial Group Public Company Limited (LHFG). It recently disclosed its Q3 2026 results, reporting a net profit of 808.4 million baht, down 12.6% YoY but up 16.1% QoQ compared to Q2 2026.

The year-on-year net profit decline was due to lower investment gains and credit loss provisions of 218.4 million baht, which increased 50.8% YoY.

However, in Q3 2026, the company recorded net interest income of 1,976.3 million baht, up 13.8% YoY, while net non-interest income declined 30.6% YoY to 545.7 million baht, reflecting reduced investment gains.

Key points from the first nine months of 2026 include:

• Net profit was 2,347.0 million baht, an increase of 14.8% YoY.
• Net interest income reached 5,665.3 million baht, up 11.6% YoY.
• Net non-interest income was 1,870.2 million baht, rising approximately 14.4% YoY.
• Operating expenses totaled 3,902.5 million baht, increasing 10.7% YoY.
• Non-performing loans (NPL) amounted to 9,584.5 million baht as of 30 Sep 2026, up 17.7% from the end of 2025, with an NPL ratio of 2.48%.
• Total loans as of 30 Sep 2026 were 386,545.1 million baht, up 15.9% from the end of 2025.
• The capital adequacy ratio (BIS Ratio) was 15.776%.

Source: SET data.

For stock and investment news, visit Thairath Money athttps://www.thairath.co.th/money/investment

Follow the Facebook page Thairath Money at this link:https://www.facebook.com/ThairathMoney