TPBank has announced its 6-month business results for 2025 with a pre-tax profit expected to exceed 4.1 trillion VND, an increase of 12% compared to the same period last year. The bank recorded credit growth of nearly 11.7%, mainly in retail and real estate sectors. Recently, TPBank also paid a cash dividend of 10% and plans to issue an additional 132 million shares for a 5% dividend. In the stock market, TPB shares have increased by 10% in July, with foreign investors continuously buying 28 million shares worth over 400 billion VND. The current P/B ratio of TPB shares is at 0.91, lower than the industry average. MBS Research forecasts that TPBank will maintain credit growth of 15-18.8% in the following years and sets a price target for TPB shares at 18,200 VND.
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