Ho Chi Minh City Development Joint Stock Commercial Bank (HDB) Q3 2025 earnings summary

Executive summary

• Total assets reached VND 781,937,368 million as of 30 September 2025, up from VND 697,366,458 million at year-end 2024.

• Loans to customers increased to VND 488,594,897 million, reflecting robust credit growth.

• Profit after tax for the nine-month period was VND 11,832,548 million, up from VND 10,010,660 million year-over-year.

• Owners' equity rose to VND 68,407,053 million, driven by higher retained earnings and reserves.

Financial highlights

• Net interest income for the period was VND 24,990,580 million, up from VND 22,653,673 million year-over-year.

• Net fee and commission income reached VND 3,252,018 million, a significant increase from VND 993,441 million.

• Provision expenses for credit losses rose to VND 7,759,869 million from VND 3,489,570 million.

• Basic EPS for the period was VND 3,261, compared to VND 2,777 in the previous period.

• Cash and cash equivalents at period end were VND 168,657,364 million, up from VND 125,917,015 million at the start of the year.

Outlook and guidance

• The bank continues to focus on credit growth, risk management, and maintaining strong liquidity and capital positions.

• Regulatory changes, including new provisioning and loan classification rules, are being implemented.