MB maintains strong growth momentum in Q1-2025, continues to optimize operational efficiency

Total consolidated assets as of the end of the first quarter reached more than VND 1,150 trillion, up 2.5% compared to the end of 2024. Total consolidated operating income reached more than VND 15,300 billion, up 27.5% over the same period last year; net revenue after risk reached more than VND 12,300 billion, up 32.5%.

Consolidated pre-tax profit in the first quarter reached VND8,386 billion, 1.4 times higher than the same period last year, reflecting effective operational capacity and proactive risk control as well as capital optimization.

MB continues to optimize operational efficiency, clearly demonstrated by the consolidated cost-to-income ratio (CIR) which has improved significantly, reaching 25.78%, compared to 29.25% in the same period last year. For the parent bank alone, the CIR ratio has decreased to 23.8% - the result of the strategy of promoting digitalization, streamlining operations and effective cost control.

The bank's own customer deposits reached over VND 723,200 billion, of which demand deposits maintained a high proportion, reflecting the increasing level of customer loyalty and trust in the MB brand. Consolidated customer loans reached nearly VND 798,000 billion, up 2.7% compared to the end of 2024, showing that credit flows were maintained stably, closely following the needs of the real economy .

Profitability indicators remained high in the industry. Consolidated ROA reached 2.34% and ROE reached 22.18%, reflecting MB's ability to effectively exploit assets, good cost management and sustainable growth orientation.

It is known that on April 26, the 2025 MB Annual General Meeting of Shareholders will take place at the National Convention Center - Hanoi . Here, MB will present to shareholders for approval important orientations in the growth strategy, comprehensive digital transformation and development of a modern financial ecosystem.

Source: https://baodanang.vn/kinhte/202504/mb-duy-tri-da-tang-truong-manh-me-trong-quy-i-2025-tiep-tuc-toi-uu-hieu-qua-van-hanh-4005784/