Bangkok: SCBX Public Company Limited (SCBX) announced a net profit of 47,488 million baht for 2025, reflecting an 8.1% increase from the previous year. The non-performing loan ratio remained steady at 3.29%. The bank is setting its sights on 2026 with plans for sustainable growth, focusing on enhancing loan portfolio quality, launching a Virtual Bank, reducing inequality, and driving Thailand's digital financial economy.
According to Thai News Agency, SCBX's impressive growth in 2025 was driven by increased investment gains and higher fee income, particularly from the wealth management sector. The bank also benefited from reduced operating expenses following the sale of its Robinhood business in 2024, along with effective cost control measures. Additionally, there was notable profit growth in its digital financial services and retail lending segments.
The bank reported net interest income of 119,117 million baht for 2025, marking an 8.0% decrease from the previous year. This decline was attributed to a reduced net interest margin following four interest rate cuts during the year and a 2.1% decrease in overall loan volume, which was a result of a cautious lending approach.
Fee and other income reached 41,695 million baht, a 2.6% increase from the previous year, fueled by robust growth in the wealth management business and higher transaction, lending-related, and other fees.
Investment and trading income saw a substantial rise to 10,771 million baht, up 369.8% from the previous year, driven by profits from the bank's investment portfolio and SCB TenX Co., Ltd.
Operating expenses amounted to 69,570 million baht, decreasing by 4.7% from the previous year due to stringent cost control, resulting in an expense-to-revenue ratio of 40.5%.
The company's provisions fell by 2.6% year-on-year due to controlled asset quality, particularly from improved performance by Card X Co., Ltd. This includes an additional special provision of 4,500 million baht to counter potential impacts from future economic uncertainties. The expected credit loss allowance to non-performing loans (coverage ratio) remained high at 160.8%.
Despite external and internal volatility, SCBX maintained overall loan quality, with the non-performing loan ratio ending 2025 at 3.29%, down from 3.37% the previous year. The company's regulatory capital remains robust at 18.9%.
Mr. Arthit Nantawittaya, CEO of SCBX, highlighted that 2025 posed multifaceted challenges for the Thai economy. SCBX focused on strengthening internal capabilities, prudently managing loan quality amid market volatility, and restructuring key business areas to lay the groundwork for its long-term vision of becoming a leading fintech group in Thailand.
As SCBX moves into 2026, it emphasizes a strategic direction centered on sustainable growth, disciplined risk management, and enhancing customer service. The bank aims to strengthen core businesses, boost customer engagement across segments, improve loan portfolio quality, and leverage technology and data to enhance operational efficiency and competitiveness. The company remains committed to driving balanced, long-term value creation across its business group.
SCBX is also accelerating its preparation for branchless banks (Virtual Banks) to support a planned launch, focusing on data innovation to expand opportunities for underserved groups. This initiative aims to be a key mechanism in reducing inequality and promoting the sustainable development of Thailand's digital financial economy.