Potential of banking stocks
Divided by industry group, this list includes 4 banking stocks (VCB, SHB, STB, EIB); 7 real estate stocks (VIC, VHM, DXG, DIG, K Human, KBC, PDR); 6 production - retail stocks (HPG, MSN, DGC, FRT, GEX, VRE).
In particular, SHB is currently in the top 5 largest private joint stock commercial banks in Vietnam according to charter capital; top 10 most prestigious private joint stock commercial banks in Vietnam ranked by Vietnam Report. This bank is also in the top 200 largest enterprises in Southeast Asia according to the rankings of American Fortune Magazine...
SHB shares are currently one of the stock codes with leading market liquidity with an average trading volume of over 60-80 million shares/session.
Strong business growth
In the stock market, SHB shares have doubled in value since the beginning of the year, among the top bank stocks with the strongest growth at this period. capitalization reached nearly 3 billion USD.
The above stock growth results are thanks to the outstanding business performance of this bank. 2024 marks the first time SHB has achieved a pre-tax profit of over VND10,000 billion. In 2025, after only 9 months of business, SHB's pre-tax profit exceeded the whole year of 2024, reaching VND 12,307 billion, up 36% over the same period and achieving 85% of the annual plan (VND 14,500 billion).
As of September 30, SHB's total assets reached nearly VND852,700 billion, up 14% compared to the end of 2024. Outstanding credit reached nearly VND 616,600 billion, an increase of 15%, capital flows were directed to priority areas and key industries through preferential loan packages and credit products specifically for each segment of individual customers, business households, and small and medium-sized enterprises...
Along with the growth of asset scale and business efficiency, SHB also focuses on controlling asset quality with the goal of maintaining the bad debt ratio below 2% of total outstanding loans.
Currently, the capital safety indicators of this bank are far exceeding the regulations of the State Bank and international standards, with the capital safety ratio (CAR) according to Basel II standards reaching over 12%, higher than the minimum of 8% as prescribed.
With the goal of bringing total assets to over VND1 million billion by 2026, SHB is continuously improving its capital foundation, which is the basis for the bank to grow assets. This bank is implementing a plan to increase its charter capital from VND 45,942 billion to VND 53,442 billion. The bank will offer more than 459.4 million shares to existing shareholders, offer 200 million individual shares to professional investors and issue more than 90.6 million shares under the Employee Choice Program (ESOP). The implementation plans ensure that the offering of shares meets the bank's foreign ownership ratio.
Expectations from strategic cooperation
As one of the leading private commercial banks, SHB owns a network of 587 transaction points covering the whole country, bringing capital to people and businesses.
SHB is a partner of many large state-owned and private economic groups, domestically and internationally. Most recently, SHB signed a comprehensive cooperation agreement with Binh Son Refining and Petrochemical Joint Stock Company. The Bank also signed a cooperation agreement with the Vietnam Chemical Group (Vinachem) and strategic and comprehensive cooperation, providing products, services, and financial solutions to many large enterprises such as PV Power; Vietnam Airlines; Vinaphone, EVN, Vietnam Steel Corporation, etc.
The bank has also accompanied key national infrastructure projects for many years such as: Hue Overpass, ICD Vinh Phuc Logistics Center, Lac Hoa 2 Power Plant, Yang Trung - Gia Lai Wind Power Plant, Happy Rice Factory, Bao Loc - Lien Khuong Expressway project...
SHB Vice Chairman and Deputy General Director Do Quang Vinh said that SHB is pioneering in financial institutions that proactively standardize governance according to IFRS, Basel, ESG, while investing in technology, data and human resource quality, which are 3 factors that will determine the bank's long-term competitiveness.
With its existing position, potential and vision, when the Vietnamese stock market is officially upgraded, SHB and major banking stocks will have the opportunity to attract quality capital flows, make a breakthrough in capitalization and reach regional and international levels.
