Securities Companies Forecast Profits of Major Banks

In the context of a booming stock market, bank stocks have captured significant investor interest. Some banks like STB, TCB, and MBB are expected to report impressive growth in their upcoming Q2 financial reports. Specifically, Sacombank forecasts a post-tax profit exceeding 3 trillion VND, a 38% increase year-on-year. MB anticipates a slight profit increase of 7%, with credit risk provisions being supplemented. VietinBank hopes for a 14% profit increase thanks to improved credit growth. VPBank also predicts a 16% growth in Q2 profits, while provisions for bad debts are expected to rise due to increasing non-performing loans. Overall, the banking sector shows strong growth potential with many positive forecasts for the future.