In its latest announcement, Military Commercial Joint Stock Bank (MB, code MBB) stated that August 14 is the record date for shareholders to receive dividends in cash and stocks for the fiscal year 2024.
As planned, MB will distribute a total dividend ratio of 35%, including 3% in cash (VND 300/share) and 32% in stocks (meaning that for every 100 shares owned, shareholders will receive 32 new shares).
Accordingly, the bank expects to spend VND 1,831 billion on cash dividends and issue more than 1.97 billion new shares to pay stock dividends to existing shareholders.
The total amount spent is estimated at VND 21,556 billion, which will be deducted from MB’s undistributed profit. The cash dividend payment will commence on August 21, 2025.
On the stock exchange, MBB shares unexpectedly attracted a strong inflow of cash during the August 5 session, with the market price surging to the ceiling price of VND 29,700/share. This is the highest price ever recorded for this stock. Notably, the trading volume reached over 40 million units, with nearly 7 million shares queued to buy at the ceiling price.
In terms of business performance, MB reported a pre-tax profit of VND 7,503 billion in Q2 2025, a slight decrease of 1.7% compared to the same period last year. For the first six months of 2025, the bank’s pre-tax profit reached nearly VND 15,900 billion, up 18% year-on-year.
As of June 30, 2025, MB’s consolidated total assets amounted to nearly VND 1.3 quadrillion, a 14% increase from the end of 2024. Customer lending stood at nearly VND 880 trillion, a 13% rise since the beginning of the year.
Customer deposits also increased by 9.7%, surpassing VND 783 trillion. Current and savings accounts (CASA) accounted for 37.9% of total customer deposits, totaling VND 297 trillion.
