In Q3/2026, LPBank's construction loan balance rose by nearly VND 48,000 billion, lifting the sector's share of total loans above 20% and making it the second-largest group after wholesale, retail, and auto and motorbike repair. Q3 pre-tax profit reached VND 4,448 billion, up nearly 29% year on year and the highest quarterly profit on record, while net interest income fell about 7.4%. The gap was offset by net service income of VND 3,395 billion, nearly four times the prior-year level. For the first nine months, pre-tax profit totaled VND 10,421 billion, up 8% and about 70% of the full-year plan of VND 14,982 billion. Other service income made up over 91% of service income, but the financial statements do not break it down, so the reasons for its sharp rise cannot be determined.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: LPBank: Dư nợ cho vay xây dựng tăng vọt 48.000 tỷ trong quý III, lãi kỷ lục nhờ hoạt động dịch vụ
Keywords
Open a keyword to see other news on the same topic.
Related tickers and likely impact
LPB
▲ Likely positiveLPBank
Relevance: medium
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Banks |
| Market cap | 118,595 bn VND |
| P/E | 10.5 |
| P/B | 2.55 |
| Close on 10/22/2026 | 39.00 |
| Change that session | -1.76% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- LPBank Cuts Lending Rates to Support Household Businesses and SMEs
LPBank will cut lending rates by 1.6-2% a year on new short-term loans for production and business needs across its network from Oct. 19 to Dec. 31. The bank is also lowering listed deposit rates by 0.5-0.6% a year for terms of six months or longer and by 0.05-0.1% for shorter terms. The program targets individuals, household businesses and micro-enterprises, with priority for agriculture and rural areas, in line with directions from the Government and the State Bank of Vietnam. General Director Vũ Quốc Khánh said the move aims to share customers' difficulties and direct capital to where it is needed.
- LPBank Cuts Deposit and Lending Rates Across Multiple Tenors Following Government Directive
LPBank is rolling out a system-wide program to cut deposit and lending rates from October 19 to December 31, 2026, in line with directives from the Government and the State Bank of Vietnam. The bank will lower listed deposit rates by 0.5–0.6% per year for tenors of 6 months or more and by 0.05–0.1% per year for shorter tenors. It will also cut lending rates by 1.6–2% per year on new disbursements for short-term production and business loans, targeting individuals, household businesses, micro-enterprises and agriculture and rural areas. The move follows a meeting chaired by Deputy Prime Minister Nguyễn Văn Thắng on October 16, 2026, and the SBV's October 18, 2026 directive asking credit institutions to cut lending rates and reduce operating costs.
- LPBank Records VND 10,421 Billion Pre-Tax Profit in 9 Months, Completing 70% of 2026 Full-Year Target
LPBank posted accumulated pre-tax profit of VND 10,421 billion for the first nine months of 2026, up nearly 9% year on year, including VND 4,448 billion in the third quarter, up 29%. As of 30 September 2026, total assets reached VND 694,183 billion and total operating income reached VND 19,179 billion, both up 29%. Accumulated net non-interest income was VND 7,489 billion, of which service income reached VND 5,977 billion, up 136%. The cumulative CIR stood at 27.83%, and the non-performing loan ratio was kept at 1.87%. Against the full-year pre-tax profit target of VND 14,982 billion, LPBank has completed about 70%.
- LPBank's pre-tax profit tops VND10,400 billion in nine months
- Is Capital One Financial a Buy After Its Latest Earnings Report?
Capital One beat analyst estimates on profit and slightly on revenue in the third quarter, with revenue of $16.3 billion (up 6%) and adjusted net income of nearly $4.1 billion, or $6.69 per share, versus $5.50 expected. Card purchase volume rose 11% to nearly $255 billion, helped by moving debit card transactions onto its own network after acquiring Discover. Consumer banking revenue grew 17% to $3.3 billion, and loans held for investment rose 13% to just over $94 billion, though the article warns loan growth may slow after the Federal Reserve's rate hike at the end of September. Commercial banking revenue was flat at $901 million. Discover synergies reached an annualized $1.8 billion, with integration costs above $2.8 billion, which management expects to fall to zero by 2028.
- Pathward ( CASH ) Q4 2026 Earnings Call Transcript
Pathward (CASH) reported fourth-quarter net income of $38.6 million and diluted EPS of $1.85, with full-year fiscal 2026 diluted EPS at $8.14. Management credited the results to balance sheet optimization and growth in commercial finance, with loan originations rising to $2.2 billion, mainly from credit sponsorship. The nonperforming loans and leases ratio rose to 5.61% due to certain renewable energy construction projects, and net charge-offs totaled $52 million in the quarter. The company guided fiscal 2027 EPS to $9.50 to $10.00 and extended its contract with H&R Block through mid-2030.
Related markets
Latest news
- Sranan Gold Reports 3-Metre Channel Sample Grading 20.89 g/t Gold at Lawatino's 101 Zone
Sranan Gold Corp. (CSE: SRAN) reported additional high-grade gold assays from ongoing trenching and channel sampling at the 101 Zone on its 18,468-hectare Lawatino Gold Project in southeastern Suriname. A 3-metre channel interval in trench 26LACH-008 graded 20.89 g/t Au, including a 1-metre sample at 55.04 g/t Au, while grab samples returned up to 57.58 g/t Au. The company is mapping a roughly 1.5-kilometre northwest-southeast trend between the 101 and Bodoe Zones ahead of a planned Phase I drill program in early 2027. Management noted that grab samples are selective and may not represent average grades, and that the true widths of the mineralization are not yet known.
- Bristol Myers Squibb vs. Eli Lilly: How Long Can Zepbound and Mounjaro Keep Juicing Revenue Results?
The article compares revenue growth at Bristol Myers Squibb and Eli Lilly. Lilly's growth is driven by GLP-1 drugs: Mounjaro brought in $9.9 billion worldwide in Q2 (up 91% year over year), Zepbound $4.9 billion in U.S. sales, and the oral Foundayo, launched in April 2026, $98 million in its first quarter. Bristol Myers Squibb (BMY) has steadier revenue, with no GLP-1 drug on the market and reliance on Eliquis and Opdivo, and its growth portfolio made up 58% of Q2 revenue. The article notes Bristol Myers Squibb trades at about 9.4 times forward earnings versus almost 25 times for Lilly, and says Lilly's two main products account for nearly two-thirds of quarterly sales, a concentration and pricing risk to its growth. Both companies report third-quarter results on Oct. 29.
- American Airlines expects deeper 2026 loss on pricier fuel despite record revenue
American Airlines now expects to lose between $1 and $1.60 per share on an adjusted basis for the full year, a deeper loss as fuel costs spiked and offset record revenue. In the third quarter it reported an adjusted loss of 28 cents per share versus 35 cents expected by analysts compiled by LSEG, and revenue of $16.34 billion versus $16.22 billion expected. CEO Robert Isom said the company delivered record third-quarter revenue and expects another quarter of record revenue growth to close out the year.
- Replit Expands Government Business Worldwide, Taps Former Amazon Executive to Lead Corporate Affairs
Replit announced an expansion of its government business, saying it is seeing strong adoption by agencies at the national, state and local levels in the U.S. and overseas, including the Middle East. It also appointed Michael Greenwald, a former U.S. Treasury diplomat and AWS executive, as President of Corporate Affairs to accelerate its push into the public sector. Greenwald previously served as Director of Global Executive Relations at AWS and as Managing Director at AlTi Global, and spent nearly a decade at the U.S. Treasury, including as the first U.S. Treasury attaché to Qatar and Kuwait. The company says that once a single department uses Replit, its business doubles after six months and grows 400% over 12 months, and that its platform is used by 85% of Fortune 500 companies.
- Should You Forget ExxonMobil and Buy Cameco Stock Instead?
The article argues that Cameco may be a better buy than ExxonMobil, whose stock has surged over 47% since the start of the year as Brent crude stays above $100 per barrel, while Cameco's stock is down 11%. Exxon trades at 13.3 times forecast earnings, while Cameco's forward P/E is 45, though analysts project Exxon's earnings per share at around $13.23 this year, up 90% from last year. Cameco has contracts for roughly 28 million pounds of yellowcake per year and a large uncommitted volume for 2029 and 2030 that could help it lock in higher prices as uranium demand grows. Bank of America projects spot uranium could reach $130 per pound, and if prices stay near $100, Cameco's average realized price could rise to $80 from $67.79 in Q2, which the article says would lift earnings faster than analysts expect.
- David's Bridal plans to spin off others AI platform Pearl into publicly traded company
David's Bridal plans to spin off its AI platform Pearl into a stand-alone public company valued at roughly $350 million, with the deal expected to close in the first half of 2027. Pearl will own the company's intellectual property and license it back to the chain, while CEO Kelly Cook will lead Pearl after closing. Pearl expects an EBITDA margin above 30% this year and revenue growth of more than 100% in 2027, exceeding $85 million, and is expected to be debt-free with positive free cash flow over the next two years. Cion Investment Corp., which bought the business after David's Bridal's second bankruptcy filing in 2023, has proposed investing $25 million as an anchor investor in the separate company, amid struggling AI stocks and a lackluster consumer IPO market.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.