Sacombank (STB) became the fifth private bank to surpass 1 million billion VND in total assets, reaching about 1.057 million billion VND as of 30/9/2026. Third-quarter pre-tax profit fell 52% to 1,757 billion VND, mainly because credit risk provisioning expenses surged to 5,729 billion VND, about 5.5 times the year-earlier level, while net interest income dropped 33.6%. Net service income rose sharply to 4,255 billion VND, partly offsetting that decline. Bad debt rose to 51,367 billion VND, or about 7.33% of total outstanding loans, up from about 6.41% at the start of the year. For the first nine months, after-tax profit reached 4,278 billion VND, down about 50.8%.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Bất ngờ lớn tại Sacombank
Keywords
STBbanksearningscreditnon-performing loans
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Related tickers and likely impact
STB
• NeutralSaigon Treasure Bank
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Banks |
| Market cap | 127,441 bn VND |
| P/E | 41.4 |
| P/B | 2.03 |
| Close on 10/27/2026 | 67.40 |
| Change that session | -0.30% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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