Securities Company Forecasts Q2 Profits of 11 Banks: Sacombank, VietinBank, MB, VPBank, BIDV Expected to Grow Double Digits

Vietcombank Securities (VCBS) has recently published forecasts for pre-tax profits (LNTT) in Q2 and the year 2025 for 11 banks. VCBS expects most banks to see positive growth, with some banks like VietinBank (16%), HDBank (25%), MSB (16%), Sacombank (25%), and MB (23%) projected to grow over 10%. Key factors supporting growth include strong credit growth, improving NIM ratios, and controlled asset quality. Specifically, Sacombank and HDBank are expected to achieve credit growth of 14% and above the sector average due to agricultural credit and the real estate market recovery. MB and VPBank predict improvements thanks to service income and promising business from their subsidiaries. BIDV anticipates a 12% and 14% profit increase due to increased charter capital and good asset quality.