The Big Bank Profit Reveal: Who’s Top of the Class in Q2 2025?

Vietcombank Maintains Profit Crown

Vietcombank’s pre-tax profit for Q2 2025 reached VND 11,034 billion, a 9.2% increase year-on-year. For the first half of the year, pre-tax profit stood at VND 21,894 billion, a 5.1% increase.

Total operating income for the first six months exceeded VND 35,100 billion, a 3.2% increase. This growth was driven by strong performance in foreign exchange trading and other business activities. Meanwhile, net interest income and service income decreased by 0.5% and 43%, respectively, compared to the previous year.

Although operating expenses grew faster than total operating income, leading to a negative growth in profit from business operations compared to the previous year, Vietcombank still recorded a slight increase in pre-tax profit. This was due to a significant decrease in risk provision expenses, which stood at VND 1,562 billion in the first half of the year, a 48% decrease year-on-year.

HDBank Achieves Record Half-Year Profit

HDBank announced a pre-tax profit of over VND 4,713 billion for Q2 2025 and a record-breaking half-year pre-tax profit of VND 10,068 billion, surpassing the VND 10,000 billion mark.

With these results, HDBank continues to lead the industry in operational efficiency, with a return on equity (ROE) of 26.5% and a high return on assets (ROA) of 2.2%. The non-performing loan ratio, as defined by the State Bank of Vietnam, remained well-controlled at 1.94%. The bank’s capital adequacy ratio (CAR) was above 13% (under Basel II norms)

As of June 30, 2025, HDBank’s total assets exceeded VND 784 trillion, a 12.4% increase from the beginning of the year. Deposits reached VND 664 trillion, a 7% increase, while outstanding loans surpassed VND 517 trillion, an 18.2% increase compared to the beginning of the year, and nearly doubled the industry average growth rate (9.9%). The bank’s lending focused on priority areas such as infrastructure, production, and consumption, which are key drivers of economic growth with low risks.

Sacombank Reports a 36% Increase in Half-Year Profit

Sacombank announced its Q2 2025 financial statements, with a consolidated pre-tax profit of VND 3,657 billion, a 36% increase year-on-year. For the first six months of the year, Sacombank’s pre-tax profit reached VND 7,331 billion, a 37% increase.

The bank’s two largest revenue streams showed positive results compared to the previous year. Net interest income for the first six months of 2025 reached VND 13,448 billion, an 11.45% increase, while net service income reached VND 1,647 billion, a 30.8% increase.

Sacombank’s operating expenses for the first six months of 2025 decreased by 5.53% year-on-year to VND 7,127 billion due to a reduction in personnel.

As of June 30, 2025, Sacombank’s total assets reached VND 807,339 billion, a 7.9% increase from the beginning of the year. Customer loan balance stood at VND 587,960 billion, a 9% increase.

In terms of loan quality, Sacombank’s non-performing loans increased by 11.7% in the first six months to VND 14,472 billion. The non-performing loan ratio also increased from 2.4% to 2.46% during this period.

OCB’s Half-Year Profit Reaches VND 1,892 Billion

OCB announced its Q2 2025 financial statements, with a pre-tax profit of VND 999 billion, an 11.2% increase year-on-year. For the first six months of the year, pre-tax profit stood at VND 1,892 billion, a 10% decrease.

As of June 30, 2025, OCB’s total assets reached VND 308,899 billion, a 10% increase from the beginning of the year. Market 1 lending reached VND 190,789 billion, an 8.4% increase from the end of the previous year, while Market 1 deposits reached VND 153,940 billion, an 8.1% increase.

SeABank’s Half-Year Pre-Tax Profit Reaches VND 5,800 Billion

SeABank’s recently published financial statements show that for the first six months of the year, the bank recorded a pre-tax profit of VND 5,856 billion, an 80.8% increase year-on-year.

As of the end of Q2 2025, the bank’s total assets reached VND 379,087 billion, a 16.4% increase from the end of 2024, equivalent to a net increase of VND 53,388 billion. Customer loan balance as of June 30, 2025, stood at VND 220,571 billion, a 5.4% increase from the beginning of the year. The non-performing loan ratio was 1.95%. Deposits and debt securities reached nearly VND 199,000 billion.

By the end of the first half of 2025, equity reached nearly VND 39,561 billion, an increase of over 13%, equivalent to a net increase of VND 4,558 billion.