Business Performance
BAM is ready to support the financial institutions system in the revival of distressed assets to drive Thai economy and society towards sustainable growth.
Non-performing Loans
Income from NPLs decreased YoY in Q1/2026, mainly due to the decrease in accrued receivables and gain on NPLs .
Non-performing Assets
Income from NPAs decreased YoY in Q1/2026, due to NPA sales.
Expenses and Others
Total operating expenses decreased YoY in Q1/2026, mainly due to interest expenses.
Collection Proportions Q1/2026
Non-performing Loans
NPLs Collection
Million Baht
NPLs
Collection
Non-performing Assets
NPAs Collection
Million Baht
NPAs
Collection
2026F
Collection Target
Million Baht
| 2023 | 2024 | 2025 | 2026F | |
|---|---|---|---|---|
| NPLs | 8,452 | 8,630 | 10,670 | 10,500 |
| NPAs | 6,698 | 6,531 | 7,187 | 7,400 |
| Total Collection | 15,150 | 15,161 | 17,857 | 17,900 |
Unit : Million Baht
| Q1/2025 | Q4/2025 | Q1/2026 | %YoY | %QoQ | ||||
|---|---|---|---|---|---|---|---|---|
| Operating Income | ||||||||
| Income from Loans Purchased of Receivables (NPLs) | 2,494 | 2,294 | 1,943 | (22) | (15) | |||
| Income from Sale of Properties for Sale (NPAs) | 392 | 758 | 295 | (25) | (61) | |||
| Other Operating Income | 100 | 74 | 117 | 17 | 58 | |||
| Total Operating Income | 2,986 | 3,126 | 2,355 | (21) | (25) | |||
| Expected Credit Loss | 1,266 | 1,216 | 726 | (43) | (40) | |||
| Net Operating Income | 1,720 | 1,910 | 1,629 | (5) | (15) | |||
| Operating Expenses | 635 | 1,039 | 669 | 5 | (36) | |||
| Interest Expenses | 813 | 747 | 709 | (13) | (5) | |||
| Total Operating Expenses | 1,448 | 1,786 | 1,378 | (5) | (23) | |||
| Profits Before Income Tax | 272 | 124 | 251 | (8) | 102 | |||
| Total Income Tax | 55 | 7 | 34 | (38) | 386 | |||
| Net Profit | 217 | 117 | 217 | 0 | 85 | |||
Note:
This table is abridged version of FS in equity method, and the summation of some figures may not add up due to rounding.
