A Bank Stock Unexpectedly “Sells Out” Before the Cash Dividend Payment Deadline This August

The Military Commercial Joint Stock Bank (MB, stock code MBB) announced that August 14 is the final registration date for shareholders to receive dividends for 2024, totaling 35% (3% cash and 32% in stock). The bank will allocate 1.831 trillion VND for cash dividends and issue over 1.97 billion new shares. On August 5, MBB stock surged to an all-time high of 29,700 VND/share, with over 40 million shares traded. In Q2 2025, MB reported a pre-tax profit of 7.503 trillion VND, down 1.7% year-on-year, but the first six months showed a profit of 15.900 trillion VND, up 18%. As of June 30, 2025, the total assets reached nearly 1.3 million trillion VND, with customer loans at almost 880 trillion VND and customer deposits rising by 9.7%.

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