TMBThanachart Bank (TTB) Stock Price, Fundamentals & Analysis

What TTB does

TMBThanachart Bank (symbol TTB) is a Thai bank that offers commercial and retail banking products to individuals and businesses of various sizes. It operates through two segments: Commercial Banking, which covers corporate loans, trade finance, foreign exchange, and supply chain solutions, and Retail Banking, which includes deposits, housing loans, personal loans, cards, and mutual funds. The company, formerly known as TMB Bank, changed its name in May 2021 and is headquartered in Bangkok, Thailand. It is part of the Stock Exchange of Thailand stocks universe and is a peer to other Thai banks such as Bangkok Bank (BBL) and Siam Commercial Bank (SCB).

Key numbers explained

• The current price is 3.06 THB, down 1.92% today.
• The trailing P/E ratio of 12.8 shows how much investors pay per baht of recent earnings; a lower number can suggest the stock is priced more conservatively relative to earnings.
• The forward P/E ratio of 13.5 uses expected future earnings and is slightly higher, reflecting modest growth expectations.
• The dividend yield of 5.29% means the annual dividend represents about 5.29% of the current price, a measure of income return.
• The ex-dividend date is Sep 7, 2026; buying before this date is typically required to receive the upcoming dividend.
• The bank pays out 56% of its trailing 12-month earnings as dividends, indicating a balanced approach between returning cash to shareholders and retaining earnings for growth.
• The beta of 0.15 suggests the stock’s price tends to move much less than the overall market, a characteristic often seen in large, stable banks.
• The 52-week range of 1.8 – 3.18 THB shows the lowest and highest traded prices over the past year, with the current price near the upper end of that range.

What to watch

• Banking stocks like TTB are sensitive to interest rate cycles, which can affect net interest margins and loan demand.
• Regulatory changes in Thailand’s financial sector can influence capital requirements and business models for regional banks.
• Macroeconomic conditions, such as GDP growth and household debt levels, can affect loan quality and consumer banking activity.
• The bank’s position among peers such as Krungthai Bank (KTB) and Thanachart Capital (TCAP) may shape its competitive dynamics and market perception.