ABBank Surpasses Targets with Pre-Tax Profit of VND 3.4 Trillion in 11 Months, Nearly Doubling Annual Plan

An Binh Commercial Joint Stock Bank (ABBank, UPCoM: ABB) reported pre-tax profits of VND 3.4 trillion in the first 11 months of 2025, nearly doubling its annual target.

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According to the latest update from ABBank, as of November 30, 2025, the cumulative pre-tax profit reached VND 3.4 trillion, surpassing the annual target of VND 1.8 trillion by 88%.

Customer deposits totaled VND 155 trillion, achieving 135% of the annual plan, ensuring sufficient capital for credit growth by year-end. Outstanding loans exceeded VND 127 trillion, nearly meeting the full-year target. ABBank stated that this performance sets a strong foundation for market expectations of exceeding annual goals and entering a new growth phase from 2026.

Previously, ABBank’s Q3/2025 consolidated financial report recorded a nine-month pre-tax profit of approximately VND 2.319 trillion, an eightfold increase year-over-year.

Recently, the State Bank of Vietnam (SBV) approved ABBank’s capital increase by VND 3.622 trillion, a 35% rise from the current charter capital. This includes VND 3.105 trillion from a rights issue to existing shareholders and VND 518 billion from an employee stock ownership program. The bank’s total charter capital is expected to reach VND 13.973 trillion post-increase.

The new capital will support credit expansion, technology investment, and product development, while advancing strategic goals such as network expansion, digital transformation, and enhanced customer experience.

In other developments, ABBank announced leadership restructuring, with Mr. Vũ Văn Tiền returning as Chairman of the Board of Directors to lead strategic initiatives.

On the UPCoM market, ABB shares are trading at VND 14,300 per share (as of December 2), up nearly 96% year-to-date. Average liquidity exceeds 4 million shares per day.

ABB share price performance year-to-date

Hàn Đông

– 14:15 02/12/2025

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