0442 GMT - Tisco Financial Group's 2Q net profit is estimated to rise 2.0% on year, thanks to a growing loan portfolio and declining credit costs, says UOB Kay Hian's Thanawat Thangchadakorn in a note. Loans are likely to grow due to seasonally high loan demand, the analyst says. The Thai lender also set aside special provisions in 1Q to prepare for any drag from the Middle East conflict and higher oil prices, the analyst adds, and 2Q costs could therefore drop by 31 bps on quarter to 100 bps. UOB KH's projection of 95 bps in 2026 credit costs remains below the company's target range of 100-110 bps. The brokerage maintains a hold rating and 110.00 baht target price. Shares rise 1.3% to 117.00 baht. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
June 18, 2026 00:42 ET (04:42 GMT)
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