Which banks are making the most profits?

As of the afternoon of October 30, at least 23 banks announced their business performance in the third quarter of 2023. Of these, 3 banks achieved a profit of more than 10,000 billion VND after 9 months of operation, namely Vietcombank, Techcombank and ACB .

In the third quarter of 2023, Vietcombank led the group of banks with the best profits with pre-tax profit reaching VND 9,051 billion, up 19.6% over the same period in 2022. In the first 9 months of 2023, Vietcombank had a total pre-tax profit of VND 29,550 billion, up 18.5% over the same period last year.

"Giant" Vietcombank is temporarily leading the Top profits in the banking industry. (Photo: BL)

Ranked second in terms of profit is Techcombank with pre-tax profit in the third quarter of 2023 reaching more than VND 5,800 billion, down 13% compared to the same period in 2022. Accumulated in 9 months, Techcombank's pre-tax profit reached VND 17,115 billion, down 18% compared to the same period last year.

Ranked 3rd in the group with large profits is ACB Bank, with pre-tax profit in the third quarter reaching more than 5,000 billion VND, an increase of 13% over the same period in 2022. Accumulated in 9 months, ACB's pre-tax profit reached more than 15,000 billion VND, an increase of more than 11% over the same period last year.

The bank of the Chairman who danced "Alone on the Sofa" has accumulated profits of more than 15,000 billion VND. (Photo: TH)

Although there was no profit of tens of thousands of billions of VND, after 3 quarters of 2023, the market witnessed the strong rise of HDBank and VIB Bank when these two banks surpassed the "giant" VPBank in terms of profit.

Accordingly, in the first 9 months of 2023, HDBank's pre-tax profit reached more than VND 8,600 billion, an increase of 8% compared to 2022. VIB also "accelerated" with pre-tax profit reaching more than VND 8,300 billion, an increase of 7% over the same period last year.

While its main “competitors” are accelerating, VPBank is showing signs of “recession”. In the past 9 months, VPBank's pre-tax profit only reached VND 8,279 billion, down 58% compared to the same period in 2022. VPBank is also being fiercely pursued by Sacombank and MSB Bank as the profit indicators of these two banks are still increasing.

According to financial reports of the units, out of 23 banks, 13 banks have decreased accumulated profits, 9 banks have increased accumulated profits and 1 bank is losing hundreds of billions of dong.

DAI VIET

Source: https://vtc.vn/nhung-ngan-hang-nao-dang-co-loi-nhuan-lon-nhat-ar830723.html