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According to HOSE, Mr. Phan Thanh Son, Deputy General Director of Techcombank (TCB stock code), has registered to sell 100,000 TCB shares.
The transaction is expected to be carried out through negotiations and matching orders from February 21, 2024, to March 15, 2024. If successful, Mr. Son’s TCB shares will decrease from the current level of over 2.376 million units to over 2.276 million units, equivalent to 0.0646% of Techcombank’s charter capital.
In the stock market, TCB shares are currently trading at 38,500 VND/share, up 21% since the beginning of the year. Based on this price level, Mr. Son can earn over 3.8 billion VND if he sells all the registered shares.
Prior to this, Mr. Phan Thanh Son had also sold 200,000, 150,000, and 300,000 TCB shares in 2022, 2021, and 2020, respectively.
As for Techcombank, the bank achieved a pre-tax profit of 5.8 trillion VND in the fourth quarter, up 21.6% compared to the same period in 2022. For the whole year of 2023, Techcombank’s pre-tax profit reached 22.9 trillion VND, exceeding the target of 22 trillion VND approved by shareholders at last year’s general meeting in April.
In 2023, Techcombank’s total assets increased by 21.5% to 849.5 trillion VND at the end of the year. Specifically for the Bank, credit grew by 19.2% compared to the beginning of the year, reaching 530.1 trillion VND, in line with the credit limit granted by the SBV.
Customer deposits amounted to 454.7 trillion VND, an increase of 26.9% compared to the beginning of the year and 11.2% compared to the third quarter. CASA balance has increased for 3 consecutive quarters, reaching 181.5 trillion VND, up 37.0% over the same period and 31.9% over the third quarter, helping improve the CASA ratio to 39.9%.
