HANOI: Several private banks are setting profit growth forecasts of 15% to 35% and dividend payouts of 20% to 25% in 2026.
VPBank has targeted pre-tax profit of 41.32 trillion dong (US$1.57bil) this year, a 35% increase compared to 2025. The bank’s credits are expected to increase by 34% and deposits by 40%.
VPBank’s ambitious target is boosted by the strong recovery of its subsidiaries. FE Credit plans for a pre-tax profit of nearly 1.18 trillion dong, up 93%.
VPBank meanwhile, has set a pre-tax profit target of 6.45 trillion dong, up 44%, and OPES expects a pre-tax profit of 936 billion dong, up 47%.
HDBank is aiming for pre-tax profit growth of over 30% in 2026 compared to 2025, estimated at nearly 27.72 trillion dong. The bank has also targeted a 28% increase in total assets, a 35% increase in outstanding loans and a 27% increase in deposits.
VIB has forecast a pre-tax profit of 11.55 trillion dong in 2026, a 27% increase compared to 2025, buoyed by optimising its asset portfolio, improving profit margins and controlling operating costs.
VIB also projected a 15% increase in credit, estimated at 439.97 trillion dong, and a 26% increase in deposits, estimated at 415.97 trillion dong.
MB Bank has targeted a 15% to 20% increase to 39.5 trillion dong in profit in 2026. The bank’s member companies are considered strategic pillars, expected to contribute approximately 12% to 13% to MB’s total profit.
In MB’s business structure, the retail segment continues to play a central role, with the goal of increasing its share by 1.5% to 2% annually.
Asia Commercial Bank (ACB) has also aimed for a 14% increase in pre-tax profit in 2026 compared to 2025, equivalent to 22.27 trillion dong. The bank plans a 16% increase in total assets, outstanding loans and deposits, while the non-performing loan ratio is kept below 2%.
Along with profit plans, private banks also plan to increase charter capital and profit distribution significantly this year.
VPBank is due to present to its 2026 annual meeting of shareholders a plan to distribute dividends for 2025 at a rate of 30% entirely in shares.
If approved, this plan will not only help VPBank significantly supplement its own capital but also create more room for credit expansion, technology investment and enhanced competitiveness.
Meanwhile, ACB plans to distribute a total dividend of 20%, including 7% in cash and 13% in shares, corresponding to the issuance of up to 668 million additional shares to existing shareholders. This plan will increase the bank’s charter capital to approximately 58 trillion dong.
According to experts, the trend of distributing dividends in the form of shares reflects the pressure to balance medium and long-term capital sources of banks in the context of continued expansion of credit demand.
Do Thanh Tung, senior manager of Viet Dragon Securities Company’s Analysis Centre, said that challenges regarding interest rates and asset quality will continue to be the dominant factors influencing the valuation of the banking sector in the near-term.
Therefore, strengthening capital through retaining profits and issuing additional shares is considered a suitable solution to enhance resilience. — Viet Nam News/ANN
