Siam Commercial Bank (SCB) Stock Price, Fundamentals & Analysis

What SCB does

Siam Commercial Bank (SCB) is a Thai bank holding company listed on the Stock Exchange of Thailand. It operates through Corporate, SME, Retail, and Others segments, offering commercial banking, consumer finance, and digital financial services in Thailand and internationally. Its businesses include traditional banking, credit and personal loans via CardX, vehicle title loans through AutoX, digital lending via the FINNIX and Money Thunder apps, luxury financing with Alpha X, an integrated investing platform called InnovestX, a technology investment arm (SCB 10X), an initial coin offering portal (Token X), and a point redemption service (Point X).

Key numbers explained

• The current price is 156 THB, unchanged today (0%). The 52-week range is 126.5 – 160 THB, and the stock is up 21.4% over the past year.
• The trailing P/E ratio of 12.1 shows how much investors pay per baht of recent earnings; the forward P/E ratio of 11.6 uses expected future earnings.
• Earnings per share over the trailing 12 months is 12.92 THB, meaning the company earned that amount per share during the period.
• The dividend yield of 7.23% reflects the annual dividend as a percentage of the current price, with 87% of earnings paid out as dividends. The next ex-dividend date is 8 sept. 2026.
• Profit margin of 34.8% and operating margin of 46.2% indicate how much of each revenue baht remains as profit after costs and operating expenses.
• Return on equity of 9.1% measures how effectively the company generates profit from shareholders' capital.
• The price-to-book ratio of 1.09 compares the market price to the book value per share, while the beta of 0.08 suggests the stock's price tends to move much less than the overall market.
• SCB is part of the SET50 index, which tracks the 50 largest stocks on the Stock Exchange of Thailand.

What to watch

• Banking stocks like SCB are sensitive to Thailand's interest rate environment, as higher rates can increase net interest income but may also raise borrowing costs for customers.
• Regulatory changes in the Thai financial sector can affect lending standards, capital requirements, and the range of services banks can offer.
• The company's digital finance initiatives (FINNIX, Money Thunder, InnovestX) may influence growth in consumer and SME lending segments.
• SCB competes with peers such as Kasikornbank (KBANK), Bangkok Bank (BBL), and Krungthai Bank (KTB), among others listed on the Stock Exchange of Thailand stocks.
• Currency movements and regional economic conditions in Southeast Asia can affect the international portions of its business.