Billionaire Nguyen Thi Phuong Thao: Shareholders' value has increased more than 4 times since HDB IPO

(NLDO) - If any shareholder contributed capital to HDBank before the initial public offering 7 years ago, the value would have increased 4.4 times by now.

On April 24, Ho Chi Minh City Development Bank ( HDBank ) held its 2025 Annual General Meeting of Shareholders in Ho Chi Minh City. Reporting at the meeting, Mr. Kim Byoung Ho, Chairman of the Board of Directors, Independent Member, said that 2024 is the year HDBank makes a breakthrough, achieving many positive and solid results, despite global fluctuations, geopolitical instability, and economic tensions.

Consolidated pre-tax profit reached VND 16,730 billion, up 28.5% over the previous year; financial indicators ROE (return on equity) reached 25.7%, ROA (return on total assets) reached 2.04%, among the leading groups in the industry. The capitalization value of HDB shares by the end of 2024 reached over VND 89,000 billion, up over 50% over the previous year.

Sharing with shareholders, Dr. Nguyen Thi Phuong Thao, Permanent Vice Chairwoman of HDBank's Board of Directors, said that the bank's total assets are aiming for 1 million billion VND and are growing steadily, aiming towards international standards, strengthening the independent role of the board of directors, and balancing the interests of business and the community.

HDBank sets pre-tax profit target of over VND 21,200 billion in 2025

Billionaire Phuong Thao calculated that if any shareholder contributed capital to HDBank before the initial public offering (IPO) 7 years ago, the value would have increased 4.4 times by now. This means that "somewhere" an investor contributed about 100 million VND, today the value would have generated nearly 500 million VND... HDBank will continue to promote sustainable development strategies, invest in technology, innovate, and create momentum to bring the bank to sustainable development and international expansion.

"We not only want to become the leading bank in terms of scale, but also the bank of first choice for quality, humanity and kindness in every strategic decision" - Dr. Nguyen Thi Phuong Thao said.

In 2025, HDBank sets a business target with an expected pre-tax profit of VND 21,179 billion, an increase of 27% - one of the highest increases in the industry.

Regarding dividends, HDBank reported that the distributable profit in 2024 is VND10,396 billion, corresponding to an expected dividend payout ratio of 28%. However, in the context of market fluctuations, the bank will be flexible, cautious and seek shareholders' opinions at the appropriate time to ensure financial capacity for long-term sustainable development.

Billionaire Nguyen Thi Phuong Thao talks with shareholders at the meeting

Notably, right after the shareholders' meeting, HDB's stock price on the stock exchange increased by 4.42% and closed the session on April 24 at VND21,250/share. HDB shares have been recovering strongly in recent sessions. Currently, this bank's stock is trading at a valuation of 1.3 times P/B and under 6 times P/E - considered very low compared to its growth potential and the industry's highest ROE.

Source: https://nld.com.vn/ti-phu-nguyen-thi-phuong-thao-noi-ve-dau-tu-co-phieu-ngan-hang-lai-hon-4-lan-196250424151052002.htm