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%.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: LPBank ghi nhận LNTT 10.421 tỷ đồng trong 9 tháng, hoàn thành 70% kế hoạch cả năm 2026
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 | 113,069 bn VND |
| P/E | 10.0 |
| P/B | 2.63 |
| Close on 10/20/2026 | 37.85 |
| Change that session | -1.56% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- LPBank's pre-tax profit tops VND10,400 billion in nine months
- 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.
- Savings Interest Rates Cut Across the Board
15 private banks, including ACB, TPBank, Sacombank and SeABank, cut listed deposit rates for terms of 6 months and longer by 0.5–0.7 percentage points on October 19, following a State Bank of Vietnam directive issued October 18. Deposits under 6 months remain capped at 4.75% a year, with most banks unchanged and only a few such as LPBank, ACB and SeABank trimming slightly. Most banks now list 12-month rates below 7% a year (excluding VIP and very large deposits), and about 15 are below 6%. The central bank also asked banks to cut lending rates by 1.5–2 percentage points for production, business and priority sectors, warning that non-compliant banks could face reviews of remaining credit quotas, lower quotas next year or higher safety ratios.
- Banks begin sharp cuts to deposit rates across many terms on the afternoon of October 19
The State Bank of Vietnam (SBV) asked credit institutions to cut deposit rates by at least 0.5% a year for terms of 6 months or longer, and lending rates by 1.5-2% a year for production, business and priority sectors, while avoiding competitive rate hikes. LPBank cut deposit rates across all terms from 1 to 36 months, with its online 12-month rate now at 6.7% a year and 48-60 month rates at 5.2%. VietBank lowered online rates by 0.5 percentage points for terms of 6 to 36 months, bringing its 6-8 month rate to 5.4% a year. The central bank warned that banks failing to cut rates may face a review of their remaining credit quotas this year, lower targets next year, or higher safety ratios.
- Agribank, Vietcombank, BIDV, ACB, Sacombank, LPBank, VietBank simultaneously cut lending rates
Following directives from the Government and the State Bank of Vietnam, Agribank, Vietcombank, BIDV, ACB, LPBank and VietBank have simultaneously launched lending rate cut programmes, typically by 1.5-2 percentage points for priority sectors. Agribank will cut lending rates by up to 2% a year from October 19, with about VND 2,000 billion allocated, and continues a VND 70,000 billion preferential credit package. BIDV's preferential programme, starting October 15, 2026, offers loans from 6% a year on short-term VND lending across its system. Vietcombank has committed to cutting rates by at least 2% by year-end, while Sacombank will allocate VND 40,000 billion in preferential capital with a 2% reduction. VietBank is rolling out a VND 3,000 billion package with cuts of at least 1.5% a year until June 30, 2027.
Related markets
Latest news
- Kingfisher Completes 2026 Drill Program at HWY 37 Project with 13,551 m Drilled, Golden Triangle
Kingfisher Metals has completed its 2026 diamond drill program at the HWY 37 Project in the Golden Triangle of British Columbia, drilling 13,551 m in 24 new holes plus an extension of hole HW-25-011. All nine holes at the Hank porphyry target, roughly 8,070 m in total, intersected the porphyry system or its alteration halo, and the system remains open at depth and along strike. Hole HW-26-028 encountered a 212 m stockwork body of porphyry-style veins, and HW-26-031 showed veins over about 328 m downhole. Six holes in the Upper Hank gold system intersected alteration and epithermal veins at Pits, and regional surface work was also completed. Apart from the partial HW-26-015 result reported earlier, all assays are pending, and the company is planning a roughly 20,000 m drill program for 2027.
- Treasury yields steady as investors await jobless claims, mortgage data
U.S. Treasury yields held steady on Wednesday as investors awaited jobless claims and mortgage data ahead of the Federal Reserve's Oct. 28 rate decision. The 10-year yield was unchanged at 5.1211%, the 2-year at 4.7889%, and the 30-year at 5.4320%. WTI crude rose 0.86% to $98.66 per barrel after fresh missile strikes on tankers in the Strait of Hormuz and Saudi energy facilities raised supply concerns. The 30-year fixed mortgage rate averaged 7.5% in the week ended Oct. 9, and initial jobless claims rose by 1,000 to 199,000 in the week ending Oct. 10.
- Tether leads $15 million funding round for AI-focused payment startup Mural
Tether led a $15 million Series A round in Mural, a New York-based financial infrastructure company founded by former Palantir engineers, bringing its total funding to $28 million. The round also included North Island Ventures and existing investors. Mural provides tools for managing accounts, payments, identity verification and compliance across banks and blockchains, with customers such as Deel and Opera. The deal reflects Tether's push into agentic finance, where AI systems can execute transactions for people and businesses, and Mural lets firms set transaction limits and require approvals for larger payments. Tether CEO Paolo Ardoino said that as agents start moving money, connections to banks and payment networks become essential.
- Cost of living blow for united kingdom households as inflation soars again
UK CPI inflation rose to 3.5 percent in September from 3.1 percent in August, its highest in nearly a year and above the 3.4 percent most economists had expected, according to the Office for National Statistics (ONS). Transport was the biggest contributor, as average petrol and diesel prices hit their highest in four years and diesel reached its highest since July 2022. Airfares, computer games and live events also pushed prices up, partly offset by smaller rises in hotel stays. ONS chief economist Grant Fitzner said the cost of raw materials and factory-gate goods kept rising, driven by higher crude oil and petrol prices.
- China GDP beats forecasts as export boom offsets weak demand
China's third-quarter GDP grew 4.5 percent, beating the 4.4 percent forecast and rebounding from three-year lows, while growth for the first nine months reached 4.6 percent. Booming exports offset weak consumer spending and a prolonged property downturn, and analysts expect China to meet its 4.5 to 5.0 percent 2026 target without additional stimulus. Retail sales lagged industrial output, fixed-asset investment fell 7.2 percent in January to September, and unemployment eased to 5.2 percent in September. Exports rose by more than a third, putting China on track to surpass last year's US$1.2 trillion trade surplus, but economists warn about reliance on exports and weak domestic demand. ANZ flagged trade tensions and geopolitical risks, while Societe Generale's Michelle Lam said a policy shift toward household incomes and consumption is needed; the yuan rose to its highest since July 2022.
- Billionaire Pham Nhat Vuong “drives” Vietnam’s stock market among Asia’s top gainers
The VN-Index gained 46.7 points (+2.76%) to 1,738.67 points, its strongest rise in over half a year, with the Vingroup group contributing nearly 34 points; VIC, VHM and VRE hit the daily limit-up. HoSE liquidity improved markedly, with trading volume above 800 million units and matched value of VND 16,600 billion. Foreign investors net bought VND 193 billion on October 21, ending a streak of 20 consecutive sessions of net selling on HoSE. According to BSC, the 2026 profit growth forecast for the surveyed listed companies was raised to 26%, and 2027 is expected at 12%; BSC sees this as an appropriate time to allocate to stocks for medium- and long-term goals.
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.