Bangkok, January 21, 2026 — SCB X Public Company Limited (SCBX) reported a consolidated net profit of Baht 47,488 million for 2025, an 8.1% increase from the previous year, driven by higher gains on investments and increased fee income from the strong performance of the wealth management business, lower operating expenses following the divestment of the Robinhood business in 2024 and effective cost control, as well as significant profit growth from the Consumer and Digital Finance Business Group.

Net interest income for 2025 totaled Baht 119,117 million, decreasing 8.0% from the previous year due to a narrower net interest margin (NIM) following four policy rate cuts during the year, as well as a 2.1% contraction in overall loan portfolio from prudent new loan underwriting. 

Fee and other income totaled Baht 41,695 million, an increase of 2.6% from the previous year. The growth was primarily driven by strong performance of wealth management, as well as growth in transactional banking, lending-related and other fees.

Investment and trading income rose significantly to Baht 10,771 million, an improvement of 369.8% yoy, supported by higher gains from SCB Bank and SCB 10X’s investment portfolios.

Operating expenses decreased 4.7% from the previous year to Baht 69,570 million, reflecting effective cost control. As a result, the Company's cost-to-income ratio improved to 40.5%. 

Provisions decreased 2.6% yoy, reflecting manageable asset quality, particularly from the improvement at CardX. These provisions include additional cushion of Baht 4,500 million against future macroeconomic uncertainty. The non-performing loan (NPL) coverage ratio remained high at 160.8%.

Despite volatility from both external and domestic factors, overall credit quality is under control. The NPL ratio improved to 3.29% at the end of 2025, down from 3.37% the previous year. The capital adequacy ratio remained strong at 18.9%. 

SCBX – Financial Highlight