Catch the listing wave
Many impressive bank stocks such as NCB's NVB increased by 73% since the beginning of 2025, VietABank's VAB increased by 63%, KienLongBank's KLB and SHB 's SHB both increased by more than 56%. Meanwhile, Techcombank's TCB, Sacombank's STB, and MBB's MBB marked the number of times they broke price records. With an increase of 43.2%, TCB has broken price records 17 times in 2025. STB and MBB have the same number of times they have exceeded the peak - 23 times.
Some bank stocks increased before listing and investors caught the wave. 539.96 million shares of VAB (VietABank) were traded on HoSE from July 22, with a reference price of VND14,250/share, the price fluctuation range on the first trading day was 20%. In the last trading session on UPCoM (July 9), VAB closed at VND15,200/share, up more than 60% compared to the beginning of the year - the highest level in the past 3 years. Previously, VietABank was approved to increase its capital by a maximum of VND2,764 billion, bringing its capital to VND8,160 billion.
At the extraordinary general meeting of shareholders on July 15, Chairman of the Board of Directors of KienLongBank, Mr. Tran Ngoc Minh, said that by the beginning of the fourth quarter of 2025 at the latest, the Bank will complete the procedures for listing KLB shares. The meeting received a high consensus rate from shareholders to approve the proposal to pay dividends of up to 60%, increasing charter capital to VND5,822 billion. This is the highest dividend rate in the banking industry, and also the highest in the 30 years of establishment and development of KienLongBank.
VietBank's Board of Directors has just announced its decision to approve the plan to list VBB shares on HoSE, expected to be completed in the first quarter of 2026 at the latest. The bank's Board of Directors also approved a resolution on the plan to offer 270.9 million VBB shares to shareholders, with an issuance ratio of 100:3 (i.e. shareholders owning 100 shares will be able to buy 33 new shares), to be implemented in the third - fourth quarter of 2025. With an issuance price of VND 10,000/share, VietBank is estimated to collect VND 2,709.4 billion from the offering, increasing its capital to VND 10,919.7 billion.
BVBank (code BVB), Saigonbank (code SGB) also approved the plan to move the floor from UPCoM to HoSE this year. Up to now, HoSE has a total of 18 bank stocks (VCB, BID, CTG, TCB, MBB, VPB, ACB , LPB, HDB, STB, SHB, VIB, SSB, EIB, TPB, MSB, OCB, NAB); HNX has two codes (BAB, NVB). Financial analysts assess that banks listing on HoSE will mobilize capital better than UPCoM and increase stock liquidity.
Semi-annual profit increased
The "king" stock has increased strongly again in the context of positive business results in the first half of the year given by banks when credit increased.
Specifically, in the first 6 months of the year, credit at Vietcombank, VietinBank, Nam A Bank, MB increased by 11.1%, 9%, 14.7%, 12.5%, respectively... As a result, MB's profit reached 15,400 billion VND, up 16.9% over the same period, completing 50.8% of the yearly plan; Nam A Bank achieved over 2,500 billion VND in pre-tax profit, up 14% over the same period. Although detailed figures have not been announced, Mr. Nguyen Tran Manh Trung, General Director of VietinBank, said that the Bank's pre-risk provision profit continued to grow over the same period.
VietABank reported a profit of more than VND 714 billion after the first 6 months of 2025, equivalent to more than 55% of the 2025 plan, up 27% over the same period in 2024. As of June 30, the Bank's total assets reached VND 133,952 billion, an increase of VND 14,120 billion compared to the beginning of the year; outstanding loans reached VND 87,422 billion, an increase of more than 9.39%, customer deposits reached VND 95,784 billion, an increase of VND 5,495 billion compared to the end of 2024; the ratio of non-term deposits (CASA) increased by 29% compared to the end of 2024, reducing capital costs, improving net interest margin (NIM).
In the first half of 2025, LPBank recorded VND 6,164 billion in pre-tax profit. Total assets increased by 16% over the same period, reaching VND 513,613 billion. Outstanding credit reached VND 368,727 billion, up 11.2% over the beginning of 2025. In addition, the return on equity (ROE) reached 23.67% and the return on assets (ROA) reached 1.95%.
In 2025, FIDT's projection shows that the banking industry's profit growth will be around 18% (the highest in the past 3 years), especially when credit is forecast to exceed the 16% growth target set by the banking industry. The asset quality of the banking industry is expected to continue to improve, especially when Resolution 42/2017/QH14 is legalized. With positive profit expectations, the valuation of the "king" group of stocks is still attractive.
Source: https://baodautu.vn/trien-vong-tich-cuc-cua-co-phieu-ngan-hang-d338232.html
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