The Q1 2026 earnings reports for commercial bank stocks have been released, revealing an overall financial sector facing pressure from declining policy interest rates. This directly impacts the core revenue stream of many banks—"interest income"—which has slowed compared to the same period last year.
However, many banks have managed to sustain and even grow their net profits. A crucial factor supporting and driving this quarter's performance is "non-interest income," which has become a vital component to offset the lost interest revenue. This includes gains from fees and service charges, wealth management businesses, and increased income from life insurance sales as well as stocks and mutual funds, reflecting strong strategic adaptability to interest rate cycle volatility.
Kasikornbank Public Company Limited (stock symbol KBANK).
Net profit for Q1 2026 was 14.667 billion baht, up 6.35% from the same period last year.
Interest income stood at 31.957 billion baht, down 9.79% from the prior year period.
Non-interest income was 17.564 billion baht, an increase of 28.42% compared to the same period last year.
Krung Thai Bank Public Company Limited (stock symbol KTB).
Net profit in Q1 2026 reached 12.437 billion baht, rising 6.20% from the same period last year.
Interest income was 23.437 billion baht, a decline of 15.80% year-on-year.
Non-interest income amounted to 16.035 billion baht, increasing 28.85% over the previous year.
Bangkok Bank Public Company Limited (stock symbol BBL).
Net profit in Q1 2026 totaled 10.994 billion baht, down 12.90% from the same period last year.
Interest income was 27.976 billion baht, a decrease of 12.30% year-on-year.
Non-interest income stood at 12.832 billion baht, down 6.60% compared to the prior year period.
SCB X Public Company Limited (stock symbol SCB), also known as Siam Commercial Bank.
Net profit for Q1 2026 was 10.195 billion baht, a decline of 18.50% from the same period last year.
Interest income stood at 26.781 billion baht, down 13.70% year-on-year.
Non-interest income was 12.530 billion baht, up 5.66% compared to the previous year.
Bank of Ayudhya Public Company Limited (stock symbol BAY).
Net profit in Q1 2026 amounted to 8.618 billion baht, increasing 14.40% from the same period last year.
Interest income rose to 28.831 billion baht, up 14.30% year-on-year.
Non-interest income was 14.024 billion baht, a growth of 18.40% compared to the prior year period.
TMBThanachart Bank Public Company Limited (stock symbol TTB).
Net profit for Q1 2026 was 5.170 billion baht, an increase of 1.40% from the same period last year.
Interest income amounted to 12.150 billion baht, down 8.10% year-on-year.
Non-interest income grew significantly to 4.582 billion baht, up 37.40% compared to the previous year.
Kiatnakin Phatra Bank Public Company Limited (stock symbol KKP).
Net profit in Q1 2026 reached 1.955 billion baht, soaring 84.20% from the same period last year.
Interest income was 4.216 billion baht, down 5.20% year-on-year.
Non-interest income increased substantially to 2.483 billion baht, up 64.70% from the prior year period.
TISCO Financial Group Public Company Limited (stock symbol TISCO), also known as TISCO Bank.
Net profit for Q1 2026 stood at 1.734 billion baht, up 5.50% from the same period last year.
Interest income was 3.443 billion baht, an increase of 3.40% year-on-year.
Non-interest income rose to 1.720 billion baht, up 27.20% compared to the previous year.
Thai Credit Retail Bank Public Company Limited (stock symbol CREDIT).
Net profit in Q1 2026 was 1.165 billion baht, growing 29.00% from the same period last year.
Interest income increased slightly to 3.644 billion baht, up 1.20% year-on-year.
Non-interest income surged dramatically to 150 million baht, a remarkable increase of 2,563.90% compared to the prior year period.
CIMB Thai Bank Public Company Limited (stock symbol CIMBT).
Net profit for Q1 2026 was 908 million baht, up 8.40% from the same period last year.
Interest income decreased to 2.042 billion baht, down 7.13% year-on-year.
Non-interest income increased modestly to 1.431 billion baht, up 3.32% compared to the previous year.
LH Financial Group Public Company Limited (stock symbol LHFG), also known as Land and Houses Bank.
Net profit for Q1 2026 reached 843 million baht, up 47.90% from the same period last year.
Interest income grew to 1.771 billion baht, an increase of 5.90% year-on-year.
Non-interest income nearly doubled to 685 million baht, up 95.50% compared to the prior year period.
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