Vietnam Thuong Tin Commercial Joint Stock Bank (Vietbank, HOSE: VBB) has just announced its consolidated financial statements for the second quarter of 2026 with pre-tax profit reaching nearly 777 billion VND - the highest level ever and 2.9 times higher than the same period last year. In the second quarter of 2026 alone, the main source of revenue is the core growth driver of the Bank. Net interest income reached nearly 994 billion VND, an increase of 45% compared to the same period last year.
As of June 30, Vietbank's total assets reached nearly 205 trillion VND, an increase of more than 4% compared to the end of 2025. Of which, customer loans grew by 11%, reaching 120.3 trillion VND.
Customer deposits reached nearly 104 trillion VND, an increase of 2.4% compared to the end of 2025.
Notably in the structure of customer deposits, while the market witnessed many banks sharply decreasing demand deposits (CASA), Vietbank increased by 78% compared to the same period.
Regarding business results, income from net interest continues to be the main growth driver, bringing the largest profit to Vietbank in Q2 and the first 6 months of the year. Specifically, net interest income in Q2 reached 994 billion VND, up 44.5% compared to the same period last year and accumulated in the first 6 months of the year increased by 26.7% to 1,762 billion VND.
Other business segments also recorded positive results, in which securities business in the second quarter was 10 times more profitable than the same period last year, reaching VND 98 billion and accumulated for 6 months increased more than 4.3 times. Net profit from foreign exchange trading in the second quarter increased by more than 13.3% to VND 34 billion.
In the second quarter, Vietbank's total pre-provision profit reached 668 billion VND, recording a growth rate of 85.5% compared to the same period last year. Accumulated in the first 6 months of the year, this target reached nearly 1,030 billion VND, an increase of 41.7% compared to the same period in 2025.
As a result, the bank's consolidated pre-tax profit in the second quarter of this year was 2.9 times higher than the same period last year, reaching 777 billion VND. Accumulated pre-tax profit in the first 6 months reached 944 billion VND, an increase of 83.4% compared to the same period.
Notably, the total outstanding bad debt by the end of the second quarter decreased sharply by 27% compared to the beginning of the year, bringing the bad debt ratio to only 1.86%, showing that Vietbank has improved credit quality and controlled credit quality well.
In addition to positive business results, recently, Vietbank officially moved VBB shares from UPCoM to list on HoSE from July 14, 2026. Previously, this bank had completed an additional charter capital increase of 1,000 billion VND to nearly 11,846 billion VND and continued to implement the plan to further increase charter capital to more than 15,500 billion VND in the near future.
Recently, Ms. Tran Thi Lam registered to buy 22 million VBB shares in the period from July 22 - August 21. The reason Ms. Lam gave is to increase her share ownership ratio. If the transaction is successful, Ms. Lam will increase her ownership in Vietbank from 0.02% (239,748 shares) to 1.88% (22.2 million shares).
