Securities Company Forecasts Q2 Profits for 11 Banks: Sacombank, VietinBank, MB, VPBank, BIDV May Grow Double Digits

Vietcombank Securities (VCBS) predicts that 11 banks, including ACB, VietinBank, HDBank, TPBank, MSB, Sacombank, Techcombank, VIB, VPBank, BIDV, and MB, will have positive pre-tax profit growth in Q2 and throughout 2025. Some banks expected to grow over 10% include VietinBank (16%), MB (23%), BIDV (12%), VPBank (12%), HDBank (25%), MSB (16%), and Sacombank (25%).\n\nSpecifically, VietinBank is expected to see strong profit growth due to high credit growth and well-managed asset quality. HDBank anticipates a 25% increase driven by loans in agriculture and real estate recovery. MSB and Sacombank also expect growth of 16% and 25%, respectively, due to high credit demand and successful debt recovery. MB forecasts strong growth with a credit target of 27.8% in 2025. VPBank expects a reduction in bad debt due to the solid performance of FE Credit, while BIDV boasts strong asset quality and substantial capital increases.