Securities Firm Forecasts Q2 Profit Growth for 11 Banks: Sacombank, VietinBank, MB, VPBank, BIDV May See Double-Digit Growth

A report by Vietcombank Securities (VCBS) forecasts that the pre-tax profit (PBT) of 11 banks including ACB, VietinBank, HDBank, TPBank, MSB, Sacombank, Techcombank, VIB, VPBank, BIDV, and MB will show positive growth in Q2 and the entire year of 2025. Notably, some banks are expected to achieve over 10% growth, including VietinBank, MB, BIDV, VPBank, HDBank, MSB, and Sacombank. VietinBank is projected to have a 16% increase in PBT year-on-year due to credit growth and improved NIM. HDBank could see a 25% increase in PBT driven by strong credit growth. MSB and Sacombank are expected to have PBT growth of 16% and 25%, respectively. MB’s PBT is forecasted to grow by 23%, while VPBank and BIDV are predicted to grow by 12% and 14%. All banks have strategies to reduce provisioning pressure and improve asset quality.