Securities Companies Forecast Q2 Profits of 11 Banks: Sacombank, VietinBank, MB, VPBank, BIDV Could See Double-Digit Growth

Vietcombank Securities (VCBS) forecasts that 11 banks will have positive profit growth in Q2 and throughout 2025. Notably, banks like VietinBank, MB, BIDV, VPBank, HDBank, MSB, and Sacombank are expected to achieve over 10% growth. VietinBank is projected to grow by 16% due to credit growth and improved asset quality. HDBank is likely to increase by 25% driven by agricultural loans and real estate market recovery. MSB forecasts a 16% increase thanks to strong credit growth and improving asset quality. Sacombank expects a 25% growth due to positive interest income and reduced provisioning pressure. MB and VPBank are expected to increase by 23% and 12%, respectively, due to high credit growth and solid business operations. BIDV also predicts a 12% growth with strong asset quality.