SCBX ANNOUNCED SECOND-QUARTER 2025 NET PROFIT OF BAHT 12,786 MILLION

SCB X Public Company Limited (SCBX) has reported a consolidated net profit of Baht 12,786 million for the second quarter of 2025, an increase of 27.7% from the same period last year, due to higher investment gains, reduced expected credit losses, and effective cost control. For the first half of the year, the net profit was Baht 25,288 million, a 18.7% yoy increase.

Monday 21 July 2025 15:27
SCBX ANNOUNCED SECOND-QUARTER 2025 NET PROFIT OF BAHT 12,786 MILLION

In 2Q25, net interest income was Baht 30,404 million, decreasing 6.7% yoy due to a narrower net interest margin (NIM) and an overall loan portfolio contraction of 1.8% yoy from prudent new loan underwriting. Fee and other income totaled Baht 10,008 million, decreasing 3.1% yoy.

Investment and trading income was Baht 3,239 million mainly from higher gains from SCB Bank and SCB 10X's investment portfolios.

Operating expenses decreased by 5.6% yoy to Baht 17,530 million due to effective cost control measures. The Company's cost-to-income ratio decreased to 40.2%.

The provisions decreased by 13.0% yoy as asset quality is under control especially at CardX. These provisions include additional cushion of Baht 900 million against future macroeconomics uncertainty. The non-performing loan (NPL) coverage ratio remained high at 159%.

Amid ongoing external volatility, overall credit quality is under control. The NPL ratio was 3.31% at the end of 2Q25, down from 3.34% in the previous year. The capital adequacy ratio remained strong at 18.8%.

Arthid Nanthawithaya, Chief Executive Officer of SCBX, commented:

"Amid the ongoing macroeconomic uncertainty and the prolonged household debt problem, SCBX Group remains committed to supporting all debtors through a wide range of ongoing assistance measures. Under the first phase of the 'You Fight, We Help' initiative, participating debtors have collectively reported outstanding debts exceeding Baht 50 billion. SCBX Group is prepared to offer further assistance through phase two of the program, which expands the scope of support for greater inclusivity. The goal is to empower vulnerable debtors to fully recover and regain their capacity.

In the second quarter of 2025, the Company continued to deliver strong performance from our diversified revenue streams, effective cost control, and prudent asset quality management resulting in the formation is NPL at a manageable level.

Besides, SCBX has officially received approval to set up Virtual Bank license and is preparing for the launch. We believe this will help enhance access to comprehensive digital financial services and drive long-term growth for the Group."