News · CafeF

Behind ACBS's Q3/2026 profit: Room for margin growth and a solid financial base

ACBS's margin lending balance reached about VND 22,600 billion as of 30 September 2026, up 30.5% since the start of the year, the highest growth rate among the top 10 brokerages by market share. Accumulated nine-month interest income from loans and receivables was about VND 1,578 billion, double the same period last year and 40.5% of total operating revenue. The margin loan-to-equity ratio stood at about 150%, below the 200% limit, and is estimated to fall to about 133% after ACB raised ACBS's charter capital from VND 11,000 billion to VND 13,000 billion. The FVTPL portfolio had a fair value of about VND 6,539 billion, with stocks making up 22.5%; its fair value was about VND 249 billion below cost, with stocks accounting for a negative gap of about VND 220 billion. Cash, cash equivalents and HTM holdings totaled about VND 14,170 billion, or 32.4% of total assets, well above the roughly 10.67% average of the top 10 brokerages.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: Đằng sau lợi nhuận quý III/2026 của ACBS: Dư địa tăng trưởng từ margin và nền tảng tài chính vững chắc

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brokeragesearningsmargin lending

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ACB

• Neutral

Asia Commercial Bank

Relevance: low

MarketVietnam stocks
ExchangeHOSE
SectorBanks
Market cap123,634 bn VND
P/E7.9
P/B1.24
Close on 10/23/202621.30
Change that session+3.90%
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Impact is scored by AI from the headline and may be wrong. It is not investment advice.

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