HDBank accelerates towards exceeding its 2025 fiscal year profit plan

Strong growth in operations in the first nine months, coupled with peak season credit momentum and prospects for improved asset quality, are creating a foundation for HDBank to make a breakthrough in the fourth quarter and aim to exceed its 2025 profit plan.

Representative of HDBank's Board of Directors at the Investor Conference in the third quarter of 2025

Representative of HDBank's Board of Directors at the Investor Conference in the third quarter of 2025

Credit, profit and non-interest income continue to grow positively

At the Investor Conference for the third quarter of 2025, HDBank announced that its 9-month business results recorded impressive growth: Credit increased by 22.6%; pre-tax profit reached VND 14,803 billion, up 17%; non-interest income reached VND 5,366 billion, up 178.6%. The ROE, ROA, and CIR ratios of 25.2%, 2.1%, and 25.7% continued to be among the lowest in the industry, showing that operating efficiency was maintained firmly.

The group of member companies contributed positively to the overall results: HD SAISON achieved a profit of VND 1,100 billion; HD Securities achieved VND 614 billion, leading the industry in ROE efficiency; Vikki Bank made a profit after 7 months of conversion, attracting more than 1.3 million new customers. Shareholders also approved the plan to move the headquarters to Saigon Marina IFC and the plan to pay dividends and bonus shares totaling 30%.

Breakthrough momentum from peak credit demand and improved asset quality

HDBank's management assessed that the fourth quarter would be a breakthrough period for the bank, with two main drivers: peak credit demand at the end of the year and improved asset quality as the macro environment became more positive. By the end of September, HDBank had sold more than VND37,000 billion of debt under the State Bank's restructuring program, thereby expanding credit growth space and setting a target of increasing by 35% for the whole year.

Liquidity continued to be maintained at a safe level, with a loan-to-deposit ratio (LDR) of only 71.3% and a ratio of short-term capital to medium- and long-term loans of 22.3%. HDBank also successfully arranged more than 500 million USD of foreign capital at competitive costs. Non-interest income grew well thanks to service fees, bancassurance and debt collection; the new legal framework on collateral seizure from October helped the bank to process debts faster.

Management expects bad debt to decrease significantly from late 2025 to early 2026, aiming to bring the bad debt ratio to 2% by the end of this year.

Based on the positive results of the first 9 months, HDBank continues to set a target of exceeding VND 21,000 billion in profit in 2025, while maintaining a compound annual growth rate (CAGR) of 25-30% in the period 2025-2030. Member companies also built strong growth plans: HD SAISON aims for VND 1,500 billion in profit, HD Securities targets VND 1,000 billion and maintains leading efficiency.

According to HDBank's leaders, with a solid financial foundation, good mobilization capacity, improved asset quality and a strategy focusing on digitalization, risk control and retail customer expansion, HDBank has every basis to accelerate in the fourth quarter and maintain sustainable growth momentum in the coming years.

HDBank recorded a 22.6% increase in credit and a pre-tax profit of VND14,803 billion in the first 9 months of the year. Non-interest income increased by 178.6%, ROE reached 25.2% and CIR 25.7%. The bank targets a credit growth of 35% for the whole year of 2025. Bad debt is expected to decrease to 2% by the end of the year. The profit target for 2025 exceeds VND21,000 billion.

Source: https://congthuong.vn/hdbank-tang-toc-huong-toi-vuot-ke-hoach-loi-nhuan-nam-tai-chinh-2025-430993.html