Techcombank announced its annual profit reached VND 32.5 trillion, an increase of 18.2%.

On January 20, 2026, Vietnam Technological and Commercial Bank (Techcombank, HOSE: TCB) officially announced its 2025 business results with impressive growth figures. Techcombank recorded record profits, achieving strong breakthroughs thanks to its superior ecosystem strategy and digital platform.

Breakthrough profits from record growth

2025 marks a historic milestone for Techcombank as pre-tax profit (PTP) reached VND 32.5 trillion, an 18.2% increase compared to the previous year and exceeding the target of VND 31.5-31.7 trillion – continuing to be among the most profitable commercial banks in the industry. Notably, Q4 2025 set a record for the third consecutive quarter with PTP reaching VND 9.2 trillion, nearly doubling (+94.9%) compared to the same period last year.

Full-year operating income (TOI) reached VND 53.4 trillion (+13.6%). The main driver was net interest income (NII) of VND 38.2 trillion, with the net interest margin (NIM) remaining stable at 3.9%.

Beyond its traditional operations, Techcombank's revenue also comes from the contribution of non-performing loan (NFI) income, reaching VND 11.5 trillion, a 7.8% increase compared to the previous year.

In particular, investment banking (IB) activities continued to maintain strong growth momentum, recording positive contributions from all main business segments, including securities brokerage and custody, bond advisory and distribution, and other investment banking services, helping IB service fees reach VND 4.2 trillion, an increase of 20.7% compared to the previous year. For the fourth quarter of 2025 alone, IB fees reached VND 797 billion, a decrease of 12.9% compared to the same period. However, this slowdown is only short-term, as the market trend remains positive.

Fee revenue from card services reached VND 1.7 trillion, a decrease of 15.1% compared to the previous year. Notably, the card segment regained growth momentum in Q4 2025 with a 6.5% increase year-on-year and a 20.7% increase compared to the previous quarter, reflecting the effectiveness of products and services being implemented to increase cardholder spending.

Foreign exchange (FX) services continued to be a bright spot in recent quarters, with Q4 results reaching VND 314.6 billion, a 14.6% increase year-on-year, thanks to a new product portfolio designed to meet customer needs. Consequently, revenue from foreign exchange services for the year increased by 36.9% year-on-year, reaching VND 1.2 trillion.

In addition, the spectacular recovery of insurance after the completion of the model transformation helped insurance service fees increase by 91.8% in 2025 to VND 1.2 trillion, with the fourth quarter alone increasing 31 times compared to the same period in 2024, reaching VND 361.4 billion.

Alongside revenue growth, Techcombank maintains optimal operational efficiency and prudent risk management. Operating expenses were well controlled, reaching VND 16.4 trillion in 2025, a 6.9% increase year-on-year, primarily focused on strong investment in IT infrastructure to support long-term growth, resulting in a full-year cost-to-income ratio (CIR) of 30.8%.

Provisioning costs reached VND 4.4 trillion in 2025, a slight increase of 8.3% year-on-year, amidst credit growth of nearly 18.4%, reflecting the Bank's prudent risk management policy. Superior risk management capabilities helped maintain stable credit costs at 0.6% and 0.4% after recovery from bad debts written off using provisions for loan losses.

Techcombank Headquarters

Mr. Jens Lottner – CEO of Techcombank shared: “Techcombank closed 2025 with strong growth momentum, achieving record profits in Q4 2025. This result was driven by the acceleration of net interest income, the strong recovery of fee income, and effective cost management. The outstanding performance this year, achieved amidst ongoing global economic uncertainty, once again affirms the stability and scalability of our business model as well as the fundamental strength of the Vietnamese economy.”

In 2025, Techcombank intensified its ecosystem strategy, expanding beyond the banking sector to unlock new growth opportunities. The successful IPO and listing of TCX, along with the launch of Techcom Life and the full-year operation of TCGIns, strengthened its comprehensive customer service capabilities across banking, asset management, capital markets, and insurance.

Techcombank is currently a leading financial group in Vietnam. From this solid position, we are launching a new 5-year strategy, continuing to lead and shape the industry, strengthening our ecosystem connections, and creating more value for customers and shareholders.”

Specifically, within just six months of its launch in July 2025, Techcom Life received its license and introduced its first insurance packages, receiving positive feedback from customers during the trial phase. The streamlined process and digital platform enabled the processing of high-value contracts in less than 30 minutes, paving the way for nationwide expansion.

In the non-life insurance segment, Techcom Insurance (TCGIns) concluded its first year of operation with over 500 billion VND in premiums and served more than 650,000 customers. Its diverse product portfolio, ranging from health, motor vehicle, and property insurance to business solutions, is deployed on a modern digital platform, affirming TCGIns' important role in Techcombank's comprehensive financial ecosystem.

A healthy balance sheet and strengthened asset quality.

As of December 31, 2025, Techcombank's total assets exceeded VND 1.19 trillion, a 22% increase compared to the beginning of the year. Within the bank itself, credit increased by nearly 18.4% year-on-year, reaching VND 824 trillion. Strong credit demand came from both individual and corporate customers.

Techcombank's strategy of focusing on high-yield assets has driven its personal lending to VND 372 trillion, a 30.8% increase year-on-year. The main driver of this growth comes from the boom in unsecured lending (3.5 times higher than the beginning of the year). Simultaneously, Techcombank maintains a strong position in other core segments such as home loans (up 24.7%) and margin lending (up 69.3%), reflecting its ability to comprehensively meet the needs of both businesses and individual customers.

With a consistent portfolio diversification strategy, Techcombank has brought corporate lending to VND 452.1 trillion (+13.4% compared to the beginning of the year). Notably, the proportion of loans to the real estate sector has decreased from 33.2% (in 2024) to 30.7% by the end of 2025, reflecting the bank's efforts to diversify its credit portfolio while expanding outstanding loans to other potential economic sectors.

Techcombank maintained a solid deposit base with total deposits reaching VND 665.6 trillion, a 17.9% increase year-on-year. Its customer-centric strategy helped Techcombank reach 18 million customers, an increase of 2.7 million by 2025. Digitalization capabilities also attracted 62.3% of new customers through online channels, resulting in a CASA ratio of 40.4% of total deposits. This achievement stems from the effectiveness of its digital product ecosystem, notably Auto-earning 2.0 and specialized financial solutions for business households, leading to a 17.7% increase in individual CASA and a 14.8% increase in corporate CASA.

Techcombank continues to affirm its financial position with liquidity indicators maintained at a high and safe level. The loan-to-deposit ratio (LDR) reached 76.5%, a significant decrease from 81.2% in the third quarter and much lower than the State Bank of Vietnam's ceiling of 85%. The ratio of short-term capital used for medium and long-term loans remained stable at 24.6%.

Notably, despite having paid out over 7 trillion VND in cash dividends to shareholders in October 2025, the Bank still maintained its capital adequacy ratio (CAR) at 14.6% - among the leading banks in Vietnam, affirming its strong capital capacity and the balance between maintaining a safe financial foundation and aiming to deliver long-term value to shareholders.

Techcombank maintained ideal asset quality. The clearest evidence of this is the slight increase of only 4.4% in loans classified as Group 2-5. The non-performing loan (NPL) ratio improved significantly, falling to 1.13% (compared to 1.23% at the end of Q3). Notably, the loan loss coverage ratio (LLCR) surged to 127.9%, marking the ninth consecutive quarter the bank has maintained this ratio above 100%. This "cushion" reflects the bank's cautious approach in proactively strengthening its risk buffer and maintaining balance sheet stability amidst market volatility.

The bank's reputation is further reinforced by high ratings from two of the world's leading credit rating agencies. In 2025, S&P Global Ratings upgraded Techcombank's credit rating to BB, while Fitch Ratings revised its outlook to "Positive" (BB-).

Source: https://baodautu.vn/techcombank-cong-bo-loi-nhuan-nam-dat-325-nghin-ty-dong-tang-truong-182-d496646.html