Many banks announced profits for the first 6 months of the year

(Chinhphu.vn) – By July 29, many banks announced their profits for the first 6 months of 2025. Among them, some banks recorded profits of over 10,000 billion VND.

Many banks announced profits for the first 6 months of 2025. Among them, some banks recorded profits of over 10,000 billion VND.

Banks leading in profits, business targets

Among the banks that announced their business results for the first 6 months of 2025, 5 banks reported profits of over 10,000 billion VND, marking a period of positive growth for the entire industry. MB is the bank that temporarily leads in profits with over 15,500 billion VND, while Vietcombank maintains its position with comprehensive business targets.

Vietcombank's leaders said that the bank has completed all business targets in the first half of 2025. Vietcombank's total assets are estimated at over VND 2.1 million billion, up 1.8% compared to the end of 2024. Outstanding credit to the economy after supporting VCBNeo increased by more than 5%, the credit structure continued to shift towards sustainability and efficiency.

The bad debt ratio is controlled at under 1%, the lowest among large-scale credit institutions. The bad debt coverage ratio is approximately 219%, the highest in the whole system. Off-balance sheet debt collection reached VND 1,900 billion, up 38% over the same period last year. The cost-to-income ratio (CIR) continues to be well controlled and is expected to decrease compared to the end of 2024. According to Vietcombank's leadership, the bank is currently the listed enterprise with the largest market capitalization.

Vietcombank also implemented 22 programs to reduce lending interest rates, supporting businesses and people. In addition to funding key national projects, the bank focuses capital on sustainable development industries and priority areas, with credit in these areas accounting for nearly 33% of total outstanding loans.

Previously, VietinBank announced its preliminary business results for the first 6 months of the year. VietinBank's leaders said that outstanding credit increased by 10% compared to the end of 2024, while capital mobilization increased by more than 9%. Profit before risk provisioning continued to increase compared to the same period in 2024, although the bank has not announced specific profit figures. According to the consolidated financial report for the first half of 2024, the target profit before provisioning reached VND 28,826 billion.

BIDV also achieved positive business results. By the end of June 2025, BIDV's outstanding credit balance reached VND2.14 trillion, up 6.1% compared to the beginning of the year. Capital mobilization reached VND2.29 trillion, up 7.2%. Net service revenue reached VND2,802 billion. Pre-tax profit for the first 6 months reached VND15,200 billion, completing 46% of the yearly plan. BIDV also increased its charter capital to more than VND70,000 billion, consolidating its financial capacity and ensuring operational safety according to international practices.

With this result, BIDV's profit in the first 6 months of the year exceeded all private banks. In the first quarter of 2025, BIDV's consolidated pre-tax profit reached VND 7,019 billion, and individually VND 7,413 billion.

Private banks accelerate

MB achieved pre-tax profit of more than VND15,500 billion, up 17.9% over the same period. Total operating income increased by 23.9%, reaching more than VND28,000 billion, while operating expenses increased by only 9.8%. CIR ratio decreased to 24.3% from 27.4% over the same period. Risk provision expenses increased by 74.5% to more than VND5,700 billion. NIM reached 3.6%, down slightly over the same period. Outstanding loans reached nearly VND831,000 billion, up 13.1%; mobilization increased by 12%, reaching nearly VND896,000 billion with CASA ratio at 38.2%. MB is currently the bank with the highest profit among the units that have announced results.

VPBank reported pre-tax profit of over VND11,200 billion, up 30% year-on-year. Total consolidated assets exceeded VND1,100 trillion, consolidated credit balance reached over VND842 trillion, up 18.6% year-on-year and 30.3% year-on-year. After 6 months, the bank completed 44% of the year's profit plan and nearly reached the year-end total assets target.

Techcombank recorded pre-tax profit of VND15,135 billion in the first 6 months, with second-quarter profit reaching VND7,898 billion. Total assets exceeded VND1,000 trillion, up 6% compared to the beginning of the year. Outstanding loans to customers reached over VND710,000 billion, up 12.44%. Customer deposits increased by 2.19% to over VND545,000 billion. Issuance of valuable papers increased by 22.73%, reaching over VND172,000 billion.

In addition to large banks, many medium and small banks also recorded positive results. LPBank achieved pre-tax profit for the first 6 months of 6,164 billion VND, up 4.1%, with outstanding credit increasing by 11.2% and total assets reaching 513,613 billion VND. VietABank reported a profit of 714 billion VND, reaching 55% of the yearly plan and up 27%. ROE reached 13.71%, ROA reached 1%, and the bad debt ratio decreased to 1.11%.

PGBank recorded pre-tax profit of VND284 billion in the first 6 months, up 35%. Total assets reached VND78,553 billion, outstanding loans increased by 10.2%, deposits increased by 7.8%. Total net revenue in the first 6 months reached VND1,074 billion, up 31.9% over the same period in 2024, mainly due to growth in loan scale and non-interest income growth. The investment portfolio grew further, in addition to government bonds, it also invested in certificates of deposit, so net interest income grew. Non-interest income in the first 6 months reached VND152 billion, up more than 100% over the same period, mainly due to increased revenue from disbursement and foreign currency trading activities. This bank promotes retail products and upgrades the system, while implementing many digital solutions, aiming to be in the Top 15 banks leading in net income growth by 2030.

TPBank reported pre-tax profit of over VND4,100 billion, up more than 12%. Credit growth reached nearly 11.7%, mainly in the retail, controlled real estate and consumer finance sectors. Total assets reached nearly VND428,600 billion, up more than 18% over the same period. Capital mobilization reached nearly VND377,500 billion, up 19%.

Kienlongbank achieved pre-tax profit of VND921 billion, up 67% and achieved nearly 67% of the yearly plan. Total assets reached VND97,630 billion, outstanding loans reached over VND69,547 billion, up 13.2%. The bad debt ratio decreased from 2.02% to 1.96%.

Nam A Bank reported a profit of over VND2,500 billion, up 14%. Total assets reached nearly VND315,000 billion, up more than 30% compared to the beginning of the year. Outstanding credit balance was nearly VND193,000 billion, mobilized capital reached nearly VND211,000 billion, up more than 22%.

In the second quarter of 2025, ACB recorded pre-tax profit of VND6,100 billion, up 33% over the previous quarter, mainly due to a 68% increase in non-interest income and a 26% decrease in provision expenses. Accumulated for the first 6 months, pre-tax profit reached VND10,700 billion, up 2% over the same period. ROE continued to remain high at over 20%, while the cost-to-income ratio (CIR) remained at 32%.

ACB's outstanding credit balance reached VND634,000 billion, up 9.1% compared to the beginning of the year, with a balanced structure between individuals and businesses. The bad debt ratio before CIC decreased to 1.18%, and after CIC was 1.26% compared to 1.49% at the end of 2024. Capital mobilization grew in sync, reaching VND707,000 billion, up 10.6%, of which customer deposits accounted for more than VND567,000 billion, up 5.6%. The CASA ratio continued to improve, reaching 22.6%.

Notably, SHB is the stock that foreign investors net bought the most with 21 million units. Since the beginning of July, foreign investors have collected a record 95 million SHB shares. Since the beginning of the year, the stock price has increased by 80%, with 12 trading sessions of over 100 million units, reaching a record of nearly 250 million shares on July 7, 2025.

The State Bank has just approved SHB to increase its charter capital by issuing shares with a 13% dividend, raising its capital to VND45,942 billion, maintaining its position in the Top 5 largest private commercial banks. The total dividend for 2024 is 18%, of which 5% in cash was paid in June.

In 2025, SHB aims to have total assets exceeding VND832,000 billion, aiming for VND1 million billion in 2026. The bank targets pre-tax profit of VND14,500 billion, up 25% compared to 2024, with expectations of positive results in the first 6 months of the year thanks to the comprehensive transformation process.

Mr. Minh

Source: https://baochinhphu.vn/nhieu-ngan-hang-cong-bo-loi-nhuan-6-thang-dau-nam-102250729155931195.htm