Tisco Financial Group Public Co. Ltd. · SET:TISCO
Tisco Financial Group Public — Q1 2026 Earnings Presentation
31 slides from Tisco Financial Group Public's earnings presentation, May 14, 2026
Slide 1: Performance Result for the First Quarter of 2026
TISCO Financial Group Public Co., Ltd. Performance Result for the First Quarter of 2026 Reviewed Financial Statement 1Q2026
Slide 2: TISCO Overview
TISCO TISCO Overview
Slide 3: TISCO At a Glance
TISCO At a Glance • Established in 1969 by Bankers Trust TISCO is a holding company with the core business as a commercial bank, providing services New York as the first investment bank namely: in Thailand - Retail Banking : Hire Purchase, Auto-title loans, Mortgage • Listed in the Stock Exchange of
Slide 4: TISCO Group Structure
TISCO Group Structure TISCO Financial Group | Investor Relations 4
Slide 5: TISCO Businesses
TISCO Businesses Retail Banking • Auto & Motorcycle Hire Purchase • Title Loan • Mortgage Loan • SME & Inventory Financing • Life & Non-Life Insurance Corporate Banking • Corporate Lending & Financial Advisory • Investment Banking • Corporate Insurance Wealth & Asset Management • Deposit Service • W
Slide 6: Consolidated Loan Portfolio
Consolidated Loan Portfolio Unit: Million Baht Thailand’s First Car Acquired Retail Buyer Scheme Banking Business from SCBT Sale of Personal Loan & Credit Card to Citibank 286,415 SME Covid-19 Outbreak Corporate 11% 262,784 251,384 243,808 9% 240,654 242,826 Retail 238,260 234,815 232,200 235,779 23
Slide 7: Profitability
Profitability Profitability for the past decade Unit: Million Baht Net Profit (Million Baht) ROAE (%) EPS (Baht) DPS (Baht) 21.2 21.1 21.5 20.6 19.4 18.9 18.5 17.4 17.2 17.1 16.7 16.9 16.8 15.8 16.1 15.7 15.0 15.4 15.4 15.0 7,016 7,270 7,224 7,301 6,785 6,901 6,659 6,090 6,063 5,006 8.76 9.08 9.02 9
Slide 8: Business Profile as of 3M2026
Business Profile as of 3M2026 Loan Profile Revenue Mix SME 5.6% Bancassurance 11.4% HP 44.1% Retail Net Interest Non Interest Other Banking Corporate 5.8% 68.8% Income 69.3% Income 25.5% Auto Cash 30.7% AM 8.7% 18.1% Brokerage & IB Housing 2.5% 2.8% Other Retail Others 2.1% 4.1% TISCO Financial Grou
Slide 9: Share Capital Information & Dividend
Share Capital Information & Dividend Total Shares 800,655,483 Ordinary Shares 800,645,624 Preferred Shares 9,859 No. of Shareholders (as of 12 March 2026) 113,294 Foreign Shareholders 143 Local Shareholders 113,151 Shareholders by type (as of 12 March 2026) Institutional 53.3% Individual 46.7% Forei
Slide 10: ESG in Core Business Activities
ESG in Core Business Activities As a responsible financial institution, we place sustainability at the center of our core business activities to deliver our purpose of integrity, fairness, and transparency that create sustainable value for our customers, shareholders, people and society. Environment
Slide 11: Recognitions and Awards
Recognitions and Awards TISCO Financial Group | Investor Relations 11
Slide 12: Financial Results
TISCO Financial Results
Slide 13: TISCO Performance Summary
TISCO Performance Summary Net Profit Profitability Ratio Unit: Million Baht 5.6% 5.5% QoQ YoY 15.0 15.4 15.7 1,734 ROAE 1,643 1,642 2.3 2.3 2.4 ROAA 1Q25 4Q25 1Q26 1Q25 4Q25 1Q26 1Q2026 QoQ YoY Loan Growth (0.3%) 1.7% QoQ Loan contracted from corporate loan repayment while YoY loan growth was contri
Slide 14: Consolidated Income Statements
Net profit grew driven by an improvement in operating income, however ECL increased to cushion against heightened risks. Consolidated Income Statements Unit : Million Baht 1Q25 4Q25 1Q26 % QoQ % YoY Interest Income 4,589 4,517 4,444 (1.6) (3.2) Interest Expenses (1,261) (1,100) (1,001) (9.0) (20.6)
Slide 15: Well-managed balance sheet to reflect the economic situations
Well-managed balance sheet to reflect the economic situations Assets Liabilities Unit: Million Baht Unit: Million Baht -2.6% -3.8% YTD YTD 281,877 290,702 283,045 238,832 247,325 237,914 82% 81% 83% 89% 89% 89% 2024 2025 1Q26 2024 2025 1Q26 Loans Investments* Interbank & MM Other Assets Deposits & B
Slide 16: Loan contracted mainly from loan repayment in corporate lending
Loan contracted mainly from loan repayment in corporate lending Loan Portfolios 157,433 161,507 161,801 Unit: Million Baht -0.3% Retail Loans YTD +0.2% YTD 232,200 235,779 235,094 2024 2025 1Q26 61,342 60,971 60,046 Corporate Loans 2024 2025 1Q26 -1.5% YTD Loans by sectors 2025 1Q26 2024 2025 1Q26 C
Slide 17: Retail portfolio expanded along with the improvement in auto market
Retail portfolio expanded along with the improvement in auto market and better penetration rate Composition of Retail Loans Other Other Other Housing Housing Retail, Housing Retail, Retail, Loans, 5.8% Loans, Loans, 6.0% 4.9% 3.8% 4.2% 3.7% Auto Cash, Auto Cash, Auto Cash, HP New 26.8% HP New HP New
Slide 18: Domestic car sales increased following the expiration of EV 3.0 measure
2M2026 Domestic car sales increased from accelerated car purchases following the expiration of EV 3.0 measure Industry New Car Sales Units 3M2026 182,083 90,000 2025 621,166 2024 572,675 50,000 2023 775,780 2022 849,388 10,000 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec *Source: The Federation o
Slide 19: Auto Cash slowed down amid higher risk environment
Auto Cash slowed down amid higher risk environment, whereas new branch opening remained suspended for operating cost control Auto Cash Loans Unit: Million Baht 43,243 43,214 Auto Cash -1.5% 41,720 42,548 YTD 36,348 83.3% 84.7% 75.1% 68.0% Somwang +0.1% 62.1% 35,985 36,023 YTD Loan Generated 32,457 2
Slide 20: Loan spread and NIM continued to improve
Loan spread and NIM continued to improve resulting from the gradual repricing of cost of funds Change Change YoY QoQ 7.68% 7.51% 7.63% 7.42% 7.41% 7.43% -17 bps +2 bps Yield on Loans 5.50% 5.50% 5.65% 5.27% 5.39% 5.32% +12 bps +15 bps Loan Spread 4.95% -3 bps 4.95% +12 bps 4.85% 4.82% 4.88% 4.83% NI
Slide 21: Asset quality improved thanks to cautious lending policy
Asset quality improved thanks to cautious lending policy, efficient loan collection and proactive assistance measures Loan Classification Non-Performing Loans Unit: Million Baht Unit: Million Baht Total NPLs NPL Ratio (%) 232,200 235,779 235,094 2.22% 2.35% 2.28% NPLs 2% 2% 2% 2.11% 8% 7% 7% Stage 2
Slide 22: Credit cost rose to 1.3% including a cushion against risks
Credit cost rose to 1.3% which included a setup of cushion against risks from the Middle East war and rising oil prices Expected Credit Loss Unit: Million Baht ECL Expense Credit Cost (%) 1.3% 1.0% 1.0% 0.6% 0.7% 0.2% 2,340 1,376 775 565 359 386 2023 2024 2025 1Q25 4Q25 1Q26 Allowance for ECL Unit:
Slide 23: Efficiently managed funding base
Efficiently managed funding base to align with loan portfolio contraction Total Funding Unit: Million Baht -3.4% YTD 211,973 218,962 211,420 3% 3% 3% 84% 83% 82% 14% 14% 15% 2024 2025 1Q26 CASA Fixed Deposits Senior Debentures Unit : Million Baht 2024 2025 1Q26 % YTD Current 1,793 1,903 1,716 (9.8)
Slide 24: Banking fee grew from bancassurance and loan-related fee
Banking fee grew from bancassurance and loan-related fee while capital market businesses improved with better market conditions Non-Interest Income from Core Businesses Non-Interest Income from Core Businesses Breakdown Unit: Million Baht Data as of 3M2026 +8.4% +28.3% IB 0.4% QoQ YoY Brokerage 9.4%
Slide 25: AUMs declined from provident fund and private fund businesses
AUMs declined from provident fund and private fund businesses 20.5% Assets Under Management 19.9% 19.0% Unit: Million Baht -4.9% Rank # 1 328,042 322,304 YTD Provident Fund 287,199 4.2% 4.4% 4.1% -1.7% YTD 448,373 406,802 426,200 15% 15% 19% 14% 15% 14% 2024 2025 1Q26 71% 71% Rank #12 1.1% 1.1% 67%
Slide 26: TISCO trading volume and brokerage fee increased
TISCO trading volume and brokerage fee increased in line with a recovery in capital market conditions TISCO Trading Volume & Market Share Unit: Million Baht TISCO Trading Volume TISCO Brokerage Fee Market Share (%) 1.5% 1.6% 1.5% 1.6% 1.5% 1.4% 354,838 322,942 284,376 103,035 80,892 572 58,707 512 4
Slide 27: OPEX was efficiently controlled amid fragile economic backdrop
OPEX was efficiently controlled amid fragile economic backdrop Operating Expenses Cost to Income Ratio Unit: Million Baht -3.0% -0.7% Cost to Income (%) Cost to Income after Provision (%) QoQ YoY 52.2% 52.8% 2,242 2,295 50.8% 2,227 47.9% 46.8% 43.1% 1Q25 4Q25 1Q26 1Q25 4Q25 1Q26 Unit : Million Baht
Slide 28: Maintained solid capital level and exceeded BOT's requirement
Maintained solid capital level and exceeded BOT’s requirement Capital Base of TISCO Bank Unit: Million Baht 41,241 38,708 39,402 39,503 2023 2024 2025 1Q26 Capital Adequacy Ratio 22.3% 20.5% 20.5% 20.5% BIS Ratio 18.9% Tier I Ratio 18.7% 18.4% 18.3% Min. Required by BOT 11.0% BIS Ratio 8.5% Tier I R
Slide 29: New Somwang branch opening plan was suspended
New Somwang branch opening plan was suspended while focused on increasing existing branch efficiency Total Employees 5,790 5,610 5,496 5,481 2023 2024 2025 1Q26 Total Branch Network 860 856 856 698 808 805 805 645 Somwang Loan Offices Bank Branches 53 52 51 51 2023 2024 2025 1Q26 TISCO Financial Gro
Slide 30: Investor Relations
Investor Relations TISCO Financial Group Public Company Limited 48/49 TISCO Tower, North Satorn Road, Silom, Bangrak, Bangkok, 10500, Thailand +(66) 2633 6868 [email protected] www.tisco.co.th Disclaimer This presentation material may contain forward-looking statements. These forward-looking statements
Slide 31: TISCO
TISCO
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