Securities company forecasts Q2 profits of 11 banks: Sacombank, VietinBank, MB, VPBank, BIDV could see double-digit growth

Vietcombank Securities (VCBS) forecasts that the pre-tax profits (LNTT) for Q2 and the entire year of 2025 for 11 banks (ACB, VietinBank, HDBank, TPBank, MSB, Sacombank, Techcombank, VIB, VPBank, BIDV, MB) will increase positively. Among them, VietinBank, MB, BIDV, VPBank, HDBank, MSB, and Sacombank are expected to grow over 10%. Specifically, VietinBank could achieve a 16% profit increase due to credit growth and good asset quality. HDBank is expected to increase profits by 25% from credit growth in agriculture and real estate. MSB is also projected to grow by 16% due to strong credit demand and reduced bad debt rates. Sacombank could see a 25% profit increase from credit growth and non-interest income. MB is forecasted to grow by 23% due to high credit growth and improved asset quality. VPBank and BIDV are estimated to have growth rates of 12% and 14%, supported by FE Credit and additional capital increases.