The Thai banking industry recorded virtually no growth in net profit for both the second quarter and the first half of 2026, as geopolitical tensions and a sluggish domestic economy weighed on performance.
The 11 banks listed on the Stock Exchange of Thailand (SET) and their subsidiaries reported combined net profit of 66.3 billion baht in the second quarter, up just 0.02% year-on-year. For the first half of the year, the industry posted total net profit of 135 billion baht, a marginal increase of 0.09%.