Reported profits of thousands of billions, where does bank profit come from in credit growth?

(NLDO) – Not only did they make tens of thousands of billions of dong in profit in the first half of the year, many banks also achieved record profits amid explosive credit growth.

On July 31, a series of commercial banks announced their business results for the first half of 2025, with notable figures.

Bank profits exceed 10,000 billion VND

Of which, Military Bank (MB) recorded consolidated pre-tax profit of nearly VND15,900 billion, up 18.3% over the same period - an impressive increase in the context of a volatile market.

MB is also in the group of banks with high credit growth, reaching 12.5%, surpassing the industry average. At the same time, customer deposits increased by 10%, of which non-term deposits (CASA) reached nearly VND 297,000 billion, accounting for nearly 38% of total deposits - one of the highest rates in the entire market.

In particular, service income increased sharply by 37%, contributing to a 24.6% increase in MB's total operating income, demonstrating the effectiveness of the strategy of diversifying revenue sources, especially in the fields of digital finance, insurance and investment.

MB is one of the banks with profits exceeding 10,000 billion VND in the first 6 months of the year.

Along with MB, a series of banks also had profits exceeding 10,000 billion VND such as Techcombank, HDBank, ACB , VPBank... Some banks even recorded the highest profits in their history of operations.

Techcombank also reported record business results with pre-tax profit in the second quarter of 2025 reaching VND7,900 billion and accumulated profit in the first 6 months of VND15,100 billion. The bank's credit growth reached 10.6%, of which personal credit increased by 26.6%, mainly thanks to home loans, business loans and margin loans - a segment that benefited from the recovery of the stock market.

Where do bank profits come from?

Techcombank CEO Jens Lottner said the bank recorded its highest-ever pre-tax profit in the second quarter, in line with the Board of Directors’ guidance for the year. Credit growth reached double digits, reflecting the demand from businesses and people, as well as Vietnam’s positive economic growth momentum.

Not far behind, HDBank recorded a semi-annual profit of over VND10,000 billion, the highest level ever, up 23.3% over the same period. Credit increased sharply by 18.2%, nearly double the industry average. Capital flows were focused on priority areas such as social housing, digital technology, high-tech agriculture and green credit.

Non-interest income also surged by over 210%, thanks to digital banking and foreign exchange trading activities, helping total operating income increase by 30%.

VPBank also recorded positive results with consolidated pre-tax profit reaching over VND11,200 billion in the first 6 months of the year, up 30% over the same period. The bank did not hide its ambition to achieve the full-year profit target of up to VND25,300 billion, equivalent to nearly USD1 billion.

The positive developments at commercial banks reflect the economic recovery and the growing demand for credit from both businesses and consumers. At the same time, the trend of digital transformation, service diversification and focus on quality credit continue to be factors that make a difference in the business results of banks.

According to experts, the bank's high pre-tax profit is largely due to explosive credit growth in the first half of 2025.

According to data from the State Bank up to June 30, credit growth of the entire system reached 9.9%, a sharp increase compared to 6.1% in the same period last year. In particular, many commercial banks increased credit much higher than the industry average.

Source: https://nld.com.vn/ngan-hang-dua-nhau-bao-lai-chuc-ngan-ti-loi-nhuan-den-tu-dau-196250731143312071.htm