Nam A Bank recorded more than 3,800 billion VND in pre-tax profit

Nam A Commercial Joint Stock Bank (Nam A Bank - HoSE: NAB) recorded a series of positive financial indicators, reflecting the effectiveness of its green and digital strategy in its 33-year development journey.

Accordingly, in the first 9 months of 2025, pre-tax profit reached more than VND 3,800 billion, an increase of nearly VND 520 billion over the same period last year (equivalent to 16%) and completed 77% of the yearly plan. Total assets as of the end of September 2025 reached more than VND 377,000 billion, an increase of more than VND 132,000 billion compared to the beginning of the year - a leap in scale in the context of the banking industry focusing resources on developing the private economy according to Resolution No. 68-NQ/TW of the Politburo .

In the context of the Government promoting the recovery of production and business, Nam A Bank proactively promotes credit to priority areas, thereby effectively spreading capital flows to the real economic sector. In parallel with credit expansion, the bank also flexibly exploits opportunities from the secondary market, especially the interbank market and safe investment instruments such as government bonds, valuable papers, and bonds of other credit institutions. This strategy not only helps diversify revenue sources but also improves capital efficiency and reduces dependence on net interest income.

Nam A Bank's outstanding growth in the first 9 months of the year came from consistent improvements in both capital mobilization and asset allocation.

Nam A Bank's outstanding growth in the first 9 months of the year came from consistent improvements in both capital mobilization and asset allocation. Deposits from economic organizations and individuals increased by more than VND 35,000 billion, equivalent to an increase of more than 20% compared to the beginning of 2025.

On the income-generating assets side, outstanding credit increased by more than VND 30,000 billion, equivalent to an increase of more than 17.88% compared to the beginning of 2025, while the investment bond portfolio increased by nearly VND 14,000 billion, contributing to optimizing the asset structure and ensuring sustainable profitability. Meanwhile, the capital safety ratio CAR is still maintained far exceeding the threshold prescribed by the State Bank.

Operating efficiency continues to improve significantly: the cost-to-income ratio (CIR) will decrease from over 40% (in 2024) to 33.7%. In particular, non-interest income accounts for 17.1% of total operating income, nearly double that of early 2025 thanks to positive contributions from digital banking services, foreign exchange trading, investment and service fees. Profitability indicators remain high in the mid-range banking group, with NIM maintained at around 3.2%, ROA reaching 1.42% and ROE approaching 20%.

Asset quality continues to be well controlled. The bad debt ratio at 2.53% (before CIC) and 2.73% after CIC has decreased compared to 2.85% in the period of June 30, 2025. At the same time, the bad debt coverage ratio (LLR) increased sharply from 39% in the period of June 30, 2025 to nearly 46% in the period of September 30, 2025, reflecting the proactive provisioning policy and effective risk control capacity. The liquidity reserve ratio reached nearly 20%, twice the minimum level prescribed by the State Bank, strengthening liquidity capacity and the ability to respond to market fluctuations.

On the digital transformation journey, Nam A Bank continues to promote the Digital Banking ecosystem. OneBank 365+ digital transaction points have spread widely with more than 130 automatic transaction points nationwide. Open Banking services such as 100% online mortgage loans and cross-border QR payments in Thailand, Laos, and Cambodia are deployed synchronously, bringing a seamless experience to customers. To date, more than 98% of transactions have been conducted via digital channels, both saving operating costs and improving labor productivity.

On September 16, FiinRatings - a strategic partner of S&P Global Ratings, announced the first long-term credit rating for Nam A Bank at "A-" with a "Stable" outlook. According to FiinRatings' assessment, this rating reflects the expectation that the bank's credit profile will remain stable in the next 12-24 months, based on its capacity to grow in scale, improved profitability and a capital-liquidity buffer appropriate to its operations. This is an important step forward, enhancing Nam A Bank's reputation in the financial market and opening up space for medium- and long-term capital mobilization at more competitive costs.

Source: https://baodautu.vn/nam-a-bank-ghi-nhan-hon-3800-ty-dong-loi-nhuan-truoc-thue-d400161.html