HDBank sets profit target of over 21,000 billion VND in 2025

NDO - At the 2025 Annual General Meeting of Shareholders held on April 24, Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank - stock code: HDB) set out a business plan for 2025, with pre-tax profit expected to reach VND 21,179 billion, up 27% compared to 2024.

Entering its 35th year of operation, overcoming many economic and financial fluctuations, HDBank continues to orientate towards sustainable development, effective risk management and comprehensive growth, maintaining a high growth rate, focusing on consolidating internal strength and improving capital efficiency.

According to the report, in 2024, HDBank will achieve pre-tax profit of VND 16,730 billion, an increase of 28.5% compared to 2023, exceeding the set plan.

Total assets reached 697,366 billion VND, up 15.8%; outstanding credit reached 437,731 billion VND (+23.9%); capital mobilization reached 621,119 billion VND (+15.7%);

ROE reached 25.71%, ROA reached 2.04%, maintaining in the group of banks with the highest efficiency;

The bad debt ratio is controlled at a low level of 1.48%, and other safety indicators are all at a positive level.

At the end of 2024, HDBank will take over Dong A Commercial Joint Stock Bank according to the transfer plan of the Government and the State Bank. At the same time, Vikki digital bank will be officially established, operating independently in finance and growing rapidly, contributing to the expansion of HDBank's comprehensive digital ecosystem.

With high consensus from shareholders, HDBank set business goals for 2025: Pre-tax profit is expected to reach VND 21,179 billion, an increase of 27%;

ROE is expected to reach 26.2%, ROA to reach 2.15%; Total assets are expected to reach VND 890,442 billion (+28%), outstanding credit balance is VND 579,851 billion (+32%), capital mobilization is VND 792,812 billion (+28%); Bad debt ratio is controlled below 2%, ensuring system stability and safety.

Acting General Director of HDBank Pham Quoc Thanh.

Acting General Director of HDBank Pham Quoc Thanh said: "HDBank identifies 2025 as the year of strengthening internal strength, sustainable growth, and comprehensive development with 5 action goals."

These goals include increasing asset size; strongly growing ecosystem customers and developing distribution channels; providing innovative and creative products and services; expertise, centralizing business operations, risk control and operations; and strengthening the brand.

Bank leaders answer questions from shareholders.

Regarding dividends, HDBank reported that the source of distributable profits in 2024 is VND10,396 billion, corresponding to an expected dividend payout ratio of 28%. However, in the context of market fluctuations, the bank will be flexible, cautious and seek shareholders' opinions at the right time to ensure financial capacity for long-term sustainable development.

Standing Vice Chairwoman of HDBank Board of Directors Nguyen Thi Phuong Thao emphasized: HDBank is committed to optimizing capital efficiency, maintaining a high and stable dividend policy, and investing in the future with digital platforms, green finance and a strategy of deep integration into the national economic value chain.

Source: https://nhandan.vn/hdbank-dat-muc-tieu-loi-nhuan-nam-2025-hon-21000-ty-dong-post875045.html