Latest Q3 Earnings Update: 11 Banks, Including ACB, Techcombank, and SHB, Reveal 9-Month Profits as of October 22nd

ACB Reports Pre-tax Profit of 16,072 Billion VND

ACB’s pre-tax profit for the first 9 months of 2025 reached 16,072 billion VND, a 4.8% increase compared to the same period in 2024. In Q3/2025 alone, the bank’s pre-tax profit was 5,382 billion VND, up 11%.

Several of ACB’s business segments saw robust growth, particularly in foreign exchange trading. The bank’s net profit from foreign exchange in the first 9 months reached 1,595 billion VND, a 93% increase year-on-year.

As of September 30, 2025, ACB’s total assets stood at 948,549 billion VND, up 9.8% since the beginning of the year. Customer loans reached 669,188 billion VND, a 15.2% increase, while customer deposits hit 571,029 billion VND, up 6.3%.

Techcombank Reports Pre-tax Profit of 23,400 Billion VND

In the first 9 months of 2025, Techcombank’s pre-tax profit reached 23.4 trillion VND, a 2.4% increase compared to the same period last year. In Q3/2025, the bank’s pre-tax profit was 8.3 trillion VND, up 14.4%, marking the highest quarterly pre-tax profit in the bank’s history.

As of September 30, 2025, Techcombank’s total assets exceeded 1.13 million billion VND. The bank’s credit growth remained stable at 16.8% year-to-date.

Customer deposits at Techcombank reached 638.5 trillion VND by the end of September, a 24.1% increase since the beginning of the year. The CASA ratio (current accounts and savings accounts) stood at 42.5%, among the highest in the industry.

Techcombank maintained strong asset quality, with the non-performing loan (NPL) ratio improving from 1.32% to 1.23%. The NPL coverage ratio (LLC) reached 119.1%, marking the eighth consecutive quarter above 100%.

SHB Profit Surges 36%

Sai Gon – Ha Noi Commercial Joint Stock Bank (SHB) announced its Q3/2025 business results, reporting a pre-tax profit of 12,307 billion VND, a 36% increase year-on-year, achieving 85% of the annual target.

As of September 30, 2025, SHB’s total assets reached 852,695 billion VND, a 14% increase compared to the end of 2024. Outstanding loans reached nearly 616,600 billion VND, up 15% since the beginning of the year.

All capital adequacy ratios exceeded State Bank of Vietnam (SBV) regulations and international standards, with the CAR ratio surpassing 12%, significantly higher than the 8% minimum required by Circular 41/2016/TT-NHNN.

LPBank Reports Profit of Over 9,600 Billion VND

LPBank announced its Q3/2025 financial report, with cumulative pre-tax profit reaching 9,612 billion VND, a 9% increase compared to the same period in 2024. Q3/2025 saw a pre-tax profit of 3,448 billion VND, up 15.3% quarter-on-quarter and 18.9% year-on-year.

As of September 30, 2025, LPBank’s total assets reached 539,149 billion VND, a 18.3% increase year-on-year and over 6% since the beginning of the year. Outstanding loans reached 387,898 billion VND, up 17% year-to-date, while mobilized capital hit 389,638 billion VND, a 15% increase.

PGBank Profit Up 44%

PGBank recently announced its Q3/2025 business results, with pre-tax profit reaching nearly 497 billion VND, a 44% increase compared to the same period in 2024.

As of September 30, 2025, PGBank’s total assets reached nearly 79,838 billion VND, a 9.3% increase compared to the end of 2024. Outstanding loans reached 44,349 billion VND, up 7.5%, with an NPL ratio of 2.84% as per Circular 31.

Customer deposits reached 44,375 billion VND, a 2.4% increase, while deposits from other credit institutions and bond issuances saw strong growth.

BAOVIET Bank Profit Soars 81%

In the first 9 months of 2025, BAOVIET Bank’s pre-tax profit reached 58.6 billion VND, an 81% increase year-on-year.

As of September 30, 2025, BAOVIET Bank’s total assets exceeded 89.7 trillion VND. Outstanding loans grew 16.54% year-to-date, reaching over 55,625 billion VND, while mobilized capital increased 12.34%, hitting 66,743 billion VND.

Kienlongbank Reports Record Profit

According to consolidated financial reports, Kienlongbank’s pre-tax profit for the first 9 months of 2025 reached 1,537 billion VND, double that of the same period last year, achieving 112% of the annual target—the highest profit in its 30-year history.

With these results, Kienlongbank aims to reach 150% of its 2025 profit target.

After 9 months, Kienlongbank’s total assets reached 97,716 billion VND, mobilized capital hit 87,491 billion VND, and outstanding loans reached 70,922 billion VND—increases of 5,500, 7,300, and 9,400 billion VND, respectively, since the beginning of the year.

Asset quality remained strong, with the NPL ratio controlled below 2% and NPL coverage consistently exceeding 80% for three consecutive quarters.

NCB Exceeds All 2025 Business Targets

National Citizen Bank (NCB) reported strong Q3/2025 performance, with after-tax profit reaching nearly 190 billion VND. Cumulative after-tax profit for the first 9 months of 2025 exceeded 652 billion VND, a significant improvement from the 65 billion VND loss in Q3/2024 and 59 billion VND loss in the first 9 months of 2024.

NCB surpassed its 2025 business targets after just 9 months. Total assets as of September 30, 2025, reached over 154,100 billion VND, a 30% increase compared to the end of 2024 and 14% above target. Mobilized capital (excluding bond issuances) reached nearly 119,326 billion VND, and customer loans exceeded 94,956 billion VND, up 24% and 33%, respectively, compared to the end of 2024, and 1% and 3% above target.

VPBank Reports 20,400 Billion VND Profit in 9 Months

Vietnam Prosperity Joint Stock Commercial Bank (VPBank) announced its Q3/2025 results, with consolidated pre-tax profit reaching 20,396 billion VND, a 47.1% increase year-on-year. Q3/2025 profit hit 9,166 billion VND, up 76.7%, the highest in the last 15 quarters. Cumulative 9-month profit exceeded 2024’s full-year results, achieving 81% of the 2025 target.

As of September 30, 2025, VPBank’s consolidated total assets surpassed the target set at the Shareholders’ Meeting, reaching 1.18 million billion VND, a 27.5% increase year-to-date. Individual bank assets exceeded 1.1 million billion VND.

Consolidated outstanding loans reached nearly 912,000 billion VND, up 28.4%, driven by both the parent bank and subsidiaries. Individual bank loans stood at 813,000 billion VND.

As of Q3/2025, the consolidated NPL ratio under Circular 31 was tightly controlled below 3%, while the individual bank NPL ratio improved to 2.23%.

VietABank Profit Up 32%

Viet A Commercial Joint Stock Bank (VietABank) announced its Q3/2025 consolidated financial report, with pre-tax profit reaching 336 billion VND, a 46% increase year-on-year. Cumulative 9-month pre-tax profit hit 1,050 billion VND, up 32% compared to the same period in 2024.

As of September 30, 2025, VietABank’s consolidated total assets reached 134,614 billion VND, a 12.3% increase year-to-date. Outstanding loans reached 85,811 billion VND, up 8.4%, while customer deposits hit 97,984 billion VND, a 8.5% increase.

Nam A Bank Assets Double

Nam A Commercial Joint Stock Bank (Nam A Bank) announced its Q3/2025 results, with pre-tax profit exceeding 3,800 billion VND, a 16% increase year-on-year, achieving 77% of the annual target. Total assets as of September 30, 2025, reached over 377,000 billion VND, a 132,000 billion VND increase since the beginning of the year.

Deposits from businesses and individuals increased by over 35,000 billion VND, or more than 20% year-to-date. Outstanding loans grew by over 30,000 billion VND, or 17.88%, while the bond investment portfolio increased by nearly 14,000 billion VND.

The NPL ratio decreased to 2.53% (pre-CIC) and 2.73% (post-CIC), down from 2.85% as of June 30, 2025. The NPL coverage ratio (LLR) rose sharply from 39% to nearly 46%, while the liquidity reserve ratio reached nearly 20%, double the SBV’s minimum requirement.