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BKK:SCB

5 stories mentioning BKK:SCBUpdated 14d ago

Every FINWIRES story that references BKK:SCB, newest first.

Research

Phillip Securities Upgrades SCB X to Buy from Accumulate; Price Target is THB163

SCB X (BKK:SCB) has an average rating of overweight and mean price target of 152.66 baht, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

BKK:SCB
Asia

KakaoBank, SCBX Enter JV Agreement to Launch Virtual Bank in Thailand

KakaoBank (KRX:323410) and Thailand's SCB X Public Company (BKK:SCB) signed a joint venture agreement to establish a virtual bank in Thailand, the bank said in a Wednesday release.The virtual bank will offer banking services exclusively via digital platforms without physical branches. KakaoBank will initially acquire a 10% stake in the joint venture and plans to raise it to 24.5%, according to the release.The virtual bank aims to begin operations after completing system development and securing final approval from the Bank of Thailand, the release said.Shares of KakaoBank and SCB X Public Company fell nearly 3% at market close.

BKK:SCBKRX:323410
Asia

SCB X's Attributable Profit Drops in Q2

SCB X's (BKK:SCB) attributable profit to equity holders dropped to 11.2 million baht, down from 12.8 million baht a year earlier, according to a Tuesday filing with the Thailand Exchange.Earnings per share came in at 3.30 baht, versus 3.80 baht in the year-ago period, the financial technology group said.

BKK:SCB
Research

Phillip Securities Downgrades SCB X to Accumulate from Buy; Price Target is THB145

SCB X (BKK:SCB) has an average rating of overweight and mean price target of 142.40 baht, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

BKK:SCB
Research

Phillip Securities Upgrades SCB X to Buy from Accumulate, Price Target is THB145

SCB X (BKK:SCB) has an average rating of hold and mean price target of 140.85 baht, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

BKK:SCB

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