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Kasikornbank Public Co (KPCPY)
OTHER OTC:KPCPY
US Market
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Kasikornbank Public Co (KPCPY) AI Stock Analysis

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KPCPY

Kasikornbank Public Co

(OTC:KPCPY)

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Outperform 74 (OpenAI - Gpt-5.6Sol)
Rating:74Outperform
Price Target:
$34.00
â–²(13.37% Upside)
Action:Reiterated
Date:09/06/26
The score is driven primarily by solid financial performance (strong margins and steady ROE) tempered by rising leverage and historically volatile cash-flow trends. Technicals add support via a generally upward moving-average structure and positive MACD, though momentum is not strong. Valuation is a positive contributor, with a moderate P/E and a relatively high dividend yield.
Positive Factors
Strong profitability
High net and operating margins indicate that Kasikornbank is converting its banking revenue into substantial profits. The improvement in profits versus prior years supports earnings resilience and provides capacity to absorb credit costs, invest in digital channels, and reinforce its competitive position.
Negative Factors
Rising leverage
The increase in debt-to-equity shows that leverage has risen materially from 2024 levels, reducing financial flexibility relative to the prior period. If credit conditions weaken, higher leverage could constrain capital allocation and make the balance sheet less able to absorb pressure.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong profitability
High net and operating margins indicate that Kasikornbank is converting its banking revenue into substantial profits. The improvement in profits versus prior years supports earnings resilience and provides capacity to absorb credit costs, invest in digital channels, and reinforce its competitive position.
Read all positive factors

Kasikornbank Public Co (KPCPY) vs. SPDR S&P 500 ETF (SPY)

Kasikornbank Public Co Business Overview & Revenue Model

Company Description
Kasikornbank Public Company Limited, along with its affiliated entities, delivers a full spectrum of commercial banking products and services, catering to clients both in Thailand and internationally. For individual customers, the bank provides a ...
How the Company Makes Money
Kasikornbank primarily earns money through traditional banking intermediation and fee-based financial services. A major revenue stream is net interest income: the bank collects interest and fees on loans and credit facilities (e.g., retail lending...

Kasikornbank Public Co Financial Statement Overview

Summary
Fundamentals are solid but uneven: strong profitability (TTM net margin ~20.5%, operating margin ~28.5%) and positive TTM revenue growth (~4.5%) support earnings power. Offsetting this, leverage has risen (debt-to-equity ~0.49 vs ~0.33 in 2024) and cash flow has been volatile with declining TTM free cash flow growth (~-15.3%) despite good current conversion (FCF/NI ~0.97).
Income Statement
78
Positive
Balance Sheet
74
Positive
Cash Flow
62
Positive
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue202.07B257.36B236.93B227.52B192.00B179.13B
Gross Profit172.18B183.74B162.02B153.32B127.50B129.55B
EBITDA79.18B75.23B72.41B64.61B55.17B59.30B
Net Income50.99B47.70B48.60B42.41B35.77B38.05B
Balance Sheet
Total Assets4.57T4.56T4.33T4.28T4.25T4.10T
Cash, Cash Equivalents and Short-Term Investments1.45T441.86B778.74B676.58B682.91B770.31B
Total Debt249.81B272.09B185.59B199.69B159.32B217.08B
Total Liabilities3.90T3.89T3.69T3.69T3.68T3.57T
Stockholders Equity576.28B581.42B563.35B532.28B503.27B476.71B
Cash Flow
Free Cash Flow84.32B119.39B68.78B643.25M-9.47B236.32B
Operating Cash Flow87.31B120.35B77.86B9.54B503.93M241.75B
Investing Cash Flow-210.18B-154.60B-60.15B-8.01B25.78B-251.22B
Financing Cash Flow11.59B-54.96B-20.29B-9.90B-29.13B7.48B

Kasikornbank Public Co Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price29.99
Price Trends
50DMA
29.03
Positive
100DMA
26.63
Positive
200DMA
24.71
Positive
Market Momentum
MACD
0.20
Positive
RSI
51.27
Neutral
STOCH
-0.32
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KPCPY, the sentiment is Neutral. The current price of 29.99 is below the 20-day moving average (MA) of 30.09, above the 50-day MA of 29.03, and above the 200-day MA of 24.71, indicating a neutral trend. The MACD of 0.20 indicates Positive momentum. The RSI at 51.27 is Neutral, neither overbought nor oversold. The STOCH value of -0.32 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for KPCPY.

Kasikornbank Public Co Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
75
Outperform
$26.34B9.8119.85%3.93%7.13%-22.31%
74
Outperform
$17.44B11.298.79%5.74%-5.99%11.39%
72
Outperform
$16.40B14.0922.63%4.20%7.69%9.88%
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
67
Neutral
$21.10B16.1721.49%5.23%3.94%3.40%
62
Neutral
$22.01B30.5311.81%1.46%20.73%27.11%
54
Neutral
$7.52B66.002.13%3.77%3.21%-89.45%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
KPCPY
Kasikornbank Public Co
29.75
9.95
50.22%
BCH
Banco De Chile
41.86
12.04
40.37%
BSBR
Banco Santander Brasil
5.88
0.70
13.60%
BSAC
Banco Santander Chile
35.27
9.76
38.25%
CIB
Grupo Cibest
103.12
53.37
107.27%
GGAL
Grupo Financiero Galicia SA
44.72
14.61
48.54%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Sep 06, 2026