With many positive growth signals in the first quarter's business results, MB continues to affirm its effective operational capacity and high adaptability in the context of many economic fluctuations.
Total consolidated assets as of the end of the first quarter reached more than VND 1.15 trillion, up 2.5% compared to the end of 2024. Total consolidated operating income reached more than VND 15,300 billion, up 27.5% over the same period last year; net revenue after risk reached more than VND 12,300 billion, up 32.5%.
Consolidated pre-tax profit in the first quarter reached VND 8,386 billion, 1.4 times higher than the same period last year, reflecting effective operational capacity and proactiveness in risk control as well as capital optimization.
MB continues to optimize operational efficiency, clearly demonstrated by the sharply improved cost-to-income ratio (CIR), reaching 25.78%, compared to 29.25% in the same period last year. For parent banks alone, the CIR ratio decreased to 23.8% - the result of a strategy to promote digitalization, streamline operations and effectively control costs.
Bank customer deposits alone reached more than VND 723,200 billion, of which non-term deposits remained high, reflecting the increasingly high level of customer attachment and trust in the MB brand. Outstanding loans to consolidated customers reached nearly VND 798,000 billion, up 2.7% compared to the end of 2024 - showing that credit capital flows are maintained stably, closely following the needs of the real economy.
Profit indicators remain high in the industry. The consolidated ROA reached 2.34% and the ROE reached 22.18%, reflecting MB's ability to effectively exploit assets, manage costs well and orient sustainable growth.
It is known that on April 26, the 2025 MB Annual General Meeting of Shareholders will take place at the National Convention Center - Hanoi. Here, MB will present shareholders through important orientations in growth strategy, comprehensive digital transformation and development of a modern financial ecosystem.
