SHB Reports Nearly 4.4 Trillion VND Profit in Q1, Achieves 30% of Annual Target, Forecasts Total Dividend Ratio of 36% for 2024-2025

As of March 31, 2025, SHB’s total assets reached 790.742 trillion VND, a 6% increase from the end of 2024. The credit balance also rose by 7%, focusing on sectors with growth potential. The pre-tax profit for Q1 reached nearly 4.4 trillion VND, equivalent to 30% of the annual plan. SHB stated that in 2025 it will heavily invest in digitization and modernization, aiming for a profit of 14.5 trillion VND, total assets of 832 trillion VND, and a bad debt ratio below 2%. The bank also plans to distribute an 18% dividend for 2024-2025, with 5% in cash and 13% in shares. Technological solutions like AI and Big Data will be utilized to enhance operational efficiency. SHB is committed to sustainable growth and continues to be a leading financial institution in Vietnam.

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