The stock market is having positive trading sessions with the focus being the strong spread of cash flow into the securities stock group after information related to the upgrade roadmap.
However, in contrast to the excited developments of the general market, LPS shares of LPS Securities Joint Stock Company continuously "slumped to the floor". In today's trading session (August 24), this stock continued to decrease to the full range, closing at 27,550 VND/share. This is already the 3rd consecutive price decrease of this stock code.
Previously, on August 18, LPS had its first trading session on the Ho Chi Minh City Stock Exchange (HOSE) with a reference price of 30,000 VND/share. Thus, in less than a week of listing, LPS's market price decreased by about 13% compared to the closing price on the debut day.
Recently, LPS Securities Company has made remarkable changes in brand identity. According to the latest information disclosure, LPBank Securities Joint Stock Company said it has received Amendment License No. 98/GPĐC-UBCK dated August 21, 2026 of the State Securities Commission related to the change of business name.
Accordingly, the company was approved to change its name from LPBank Securities Joint Stock Company to LPS Securities Joint Stock Company. The abbreviation was also changed from LPBS to LP Securities.
Regarding Q2/2026 business results, LPS recorded pre-tax profit of 628 billion VND, an increase of 140% compared to the same period in 2025 and a record level achieved in a quarter. During the period, the company recorded operating revenue of nearly 1,664 billion VND, an increase of 276% compared to the same period.
In general, in the first half of 2026, LPS brought in operating revenue of 2,717 billion VND, nearly 5 times higher than the same period last year; pre-tax profit reached more than 718 billion VND, also 2.3 times higher than the same period and implemented 42% of the plan compared to the plan of 1,700 billion VND for the whole year.
Outstanding loans recorded nearly 13,738 billion VND, an increase of 30%. Investments held until maturity recorded more than 5,111 billion VND, down 19% compared to the beginning of the year.
LPS became a public company after completing its initial public offering in June 2026. The company has distributed the entire approximately 141.87 million shares registered for offering to 1,005 investors, excluding major shareholders.
According to the list of shareholders owning 5% or more of capital as of June 30, 2026, LPS has 5 major shareholders, all individuals, including Mr. Nguyen Xuan Thai, Ms. Nguyen Ngoc My Anh, Ms. Nguyen Thi Minh Anh, Mr. Ngo Quyet Tien and Ms. Pham Thu Hang.
In which, Mr. Nguyen Xuan Thai and Ms. Nguyen Ngoc My Anh each own more than 190 million LPS shares, equivalent to 13.49% of charter capital. Both are children of Mr. Nguyen Duc Thuy, Standing Vice Chairman of Sacombank's Board of Directors.
The remaining three major shareholders include Ms. Nguyen Thi Minh Anh, owning 123 million shares, equivalent to 8.76% of capital; Mr. Ngo Quyet Tien holding 122.6 million shares, equivalent to 8.71%; and Ms. Pham Thu Hang owning 117 million shares, equivalent to 8.32% of capital.
