After Sacombank and Techcombank, another bank sets a new record with a market capitalization exceeding 150 trillion

In the context of the banking market thriving, MB Bank’s MBB shares reached a new high of 25,800 VND/share, raising its market capitalization to over 150 trillion VND. This increase is driven by expectations of strong growth in business operations, with forecasts of a 23% increase in pre-tax profit in Q2 and 2025 compared to the previous year. In Q1 2025, MB reported net interest income of 11,692 trillion VND and pre-tax profit of 8,386 trillion VND, a 44.7% growth. As of March 31, 2025, MB’s total assets amounted to 1.15 trillion VND. The bank plans to achieve pre-tax profit of 32 trillion VND in 2025, with total assets increasing to nearly 1.37 trillion VND, and aims to pay a 35% dividend to shareholders. MB also plans to issue more shares to increase its charter capital to 81.368 trillion VND.