Profit Forecast for Q2 of 11 Banks: Sacombank, VietinBank, MB, VPBank, BIDV Expected to Grow Double Digits

Vietcombank Securities (VCBS) forecasts positive pre-tax profit growth for Q2 and 2025 for 11 banks including ACB, VietinBank, HDBank, TPBank, MSB, Sacombank, Techcombank, VIB, VPBank, BIDV, and MB. Among these, VietinBank, MB, BIDV, VPBank, HDBank, MSB, and Sacombank are expected to see growth above 10%. Specifically, VietinBank is expected to increase by 16% due to credit growth and recovering NIM, HDBank by 25% thanks to agricultural lending and real estate recovery, MSB by 16% based on strong credit demand and improving asset quality. Sacombank may grow by 25% due to interest income and resolving legacy assets, while MB is forecasted to grow by 23% due to high credit and improving asset quality. VPBank and BIDV are projected to grow 12% and 14% respectively due to stable credit growth and good asset management.