Stock Companies Predict Profits for Major Banks

In the context of the stock market’s strong growth from below 1,100 to nearly 1,370 points, the banking sector plays a crucial role. According to projections from NHSV Securities, the after-tax profits (LNST) of several major banks including Sacombank, MB, VietinBank, and VPBank are expected to rise significantly in Q2 2025. Sacombank is expected to reach over 3 trillion VND in LNST, an increase of 38% compared to the same period in 2024. MB’s LNST is projected to grow by 7%, with credit growth achieving 10-12%. VietinBank anticipates a 14% increase in LNST thanks to improved credit growth of about 9%. VPBank also estimates a 16% profit growth compared to the prior year. However, many banks will face pressure from cost increases and rising bad debts in the current market context.