According to third-quarter 2026 financial statements, the top 10 banks by pre-tax profit earned a combined VND 87,891 billion, up 23.8% year on year and accounting for 83% of profit across 27 banks. VietinBank rose to first with VND 13,688 billion (+29%), overtaking Vietcombank, which fell to second with VND 11,218 billion (-0.2%), while BIDV passed Techcombank to take fourth place. Sacombank dropped out of the top 10 as its quarterly profit fell 51.9% to VND 1,757 billion due to sharply higher provisions, with SHB entering in ninth place. Vietcombank's provisions rose nearly eightfold to VND 6,184 billion from VND 776 billion a year earlier; Vietcap Securities estimates about VND 5,000 billion of this is a one-off provision for corporate bonds of a client reclassified as non-performing since Q4 2025.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Top 10 ngân hàng có lợi nhuận cao nhất quý 3/2026: VietinBank vượt Vietcombank, 6 ngân hàng lãi hơn 10.000 tỷ
Keywords
banksearningsnon-performing loansCTGVCB
Open a keyword to see other news on the same topic.
Related tickers and likely impact
CTG
▲ Likely positiveVietinBank
Relevance: medium
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Banks |
| Market cap | 235,338 bn VND |
| P/E | 5.9 |
| P/B | 1.20 |
| Close on 10/30/2026 | 30.30 |
| Change that session | -1.30% |
VCB
▲ Likely positiveVietcombank
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Banks |
| Market cap | 470,425 bn VND |
| P/E | 11.3 |
| P/B | 1.85 |
| Close on 10/30/2026 | 56.30 |
| Change that session | -1.57% |
VNINDEX
▲ Likely positiveRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/30/2026 | 1,741.62 |
| Change that session | -0.80% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Q3/2026 bank pre-tax profit update on Oct 31: Surprise results from Vietcombank, VietinBank
Six banks posted pre-tax profit above VND 10,000 billion in Q3/2026. Vietcombank led with VND 40,440 billion for the first nine months, up 22.1%, but its Q3 profit was nearly unchanged at VND 11,218 billion. VietinBank rose 33.9% to VND 39,557 billion over nine months and posted the highest Q3 pre-tax profit among reported banks at VND 13,689 billion, up 29%. BIDV, MB, VPBank and Techcombank also grew strongly, with VPBank up 46.7% to VND 29,911 billion over nine months. Over nine months, Sacombank fell 46.4%, Eximbank dropped 57.8%, and Saigonbank slumped 74.5% to VND 65.9 billion.
- Bank profit update, evening of 30/10: Vietcombank, MB, VietinBank, BIDV, Eximbank,...
Vietcombank remained the leader in nine-month pre-tax profit at VND 40,440 billion, up 22.1%, though its Q3 pre-tax profit of VND 11,218 billion was nearly unchanged from a year earlier. VietinBank ranked second with VND 39,557 billion, up 33.9%, and posted the highest Q3 pre-tax profit among the banks reported so far at VND 13,689 billion, up 29%. BIDV (VND 29,483 billion, up 24.8%), MB (VND 30,518 billion, up 31.9%), VPBank (VND 29,911 billion, up 46.7%) and Techcombank (VND 28,915 billion, up 23.7%) also grew, while ACB rose only 3.4% to VND 16,614 billion. Among smaller banks, NCB's nine-month pre-tax profit reached VND 1,574 billion, 2.4 times the prior year's level, and ABBank rose 85.5%. In contrast, Sacombank fell 46.4% to VND 5,893 billion, Eximbank dropped 57.8% to VND 864 billion, and Saigonbank declined 74.5% to VND 65.9 billion.
- Update on profits of 28 banks as of the evening of 30/10: Vietcombank, MB, VietinBank, BIDV, Eximbank,...
According to the update, 26 banks have published their Q3 2026 financial reports. Vietcombank remains top for nine-month pre-tax profit at VND 40,440 billion, up 22.1%, but its Q3 pre-tax profit of VND 11,218 billion was nearly flat year over year. VietinBank ranks second with VND 39,557 billion for nine months (up 33.9%) and posted the highest Q3 pre-tax profit among reported banks at VND 13,689 billion (up 29%). MB (VND 30,518 billion), VPBank (VND 29,911 billion) and BIDV (VND 29,483 billion) also rank near the top, while ACB grew only 3.4% to VND 16,614 billion. On the other side, Sacombank fell 46.4% to VND 5,893 billion, Eximbank dropped 57.8% to VND 864 billion, and Saigonbank posted just VND 65.9 billion after nine months, down 74.5%.
- Bank earnings update, October 16: Big4 banks show positive signals, one lender estimates over VND14,000 billion profit after 9 months
- VietinBank leads bank sector profits in Q3
VietinBank reported third-quarter pre-tax profit of 13,688 billion VND, up 22% year on year, overtaking Vietcombank as the largest bank by profit this quarter. Net interest income, the core measure of banking operations, reached 21,815 billion VND, up 27%, while net income from services, foreign exchange and other activities all grew strongly. The bank credited the results to tighter control of capital costs, a rebalanced credit portfolio, risk management and lending to sectors prioritized by the government. However, for the first nine months, pre-tax profit of 39,557 billion VND (up 34%) still ranked second behind Vietcombank. As of September 30, total assets reached 2.95 million billion VND (up 7%), outstanding loans exceeded 2.1 million billion VND, deposits were 1.94 million billion VND, and bad debt stood at 25,781 billion VND, or 1.2% of loans, up 0.1% from the start of the year.
- Vietcombank, BIDV and VietinBank Included in State Capital Restructuring Plan
Under Decision No. 2054/QĐ-TTg dated 27/10/2026, Vietcombank (VCB), BIDV (BID) and VietinBank (CTG) are on the list of companies undergoing state capital restructuring for 2026-2030. The plan targets keeping state ownership at Vietcombank and BIDV at 65% or above, while raising state ownership at VietinBank from 64.46% to 65% by 2030. The State currently holds about 74.8% of Vietcombank and 76.73% of BIDV. These are plan targets and do not mean immediate share sales or new share issuance; timing and form will be decided by competent authorities. The Ministry of Finance and the State Bank of Vietnam are tasked with implementation, and Vietnam Airlines (HVN), VIMC (MVN) and Vietnam Rubber Industry Group (GVR) are also on the list.
Related markets
Latest news
- Here's What $6,000 Invested in Micron Could Be Worth in 2028
Micron's stock is up more than 200% this year as AI-driven memory demand surges, and the company has secured 16 strategic customer agreements running three to five years. Diluted EPS was over $74 in fiscal 2026, and S&P Global Market Intelligence consensus projects over $172 for fiscal 2027 and over $212 for fiscal 2029. If the current 5.65x forward earnings multiple is held, the stock would trade around $1,197 in 2028, about 23% upside, turning a $6,000 investment into $7,380. A 10x forward multiple would imply about $2,120 per share, in line with D.A. Davidson analyst Gil Luria's view that investors are early in understanding Micron's value, or roughly $12,940 for a $6,000 investment. The author questions how sustainable these earnings are given concerns over a new Chinese memory chip and expected heavy supply in 2029, and says owning some stock is fine while cautioning against a heavy position given its volatility.
- Here are 3 big things we're watching in the stock market in the week ahead
The article outlines three key points to watch in the coming week: Tuesday's U.S. midterm elections, which will determine which party controls the House and Senate for the next two years; the jobs data; and a busy stretch of third-quarter earnings. Apple reports after the close on Monday, with expected revenue of $113.4 billion and EPS of $1.99, and investors are focused on gross margins as memory costs rise. Eaton (revenue of $8.5 billion, EPS of $3.54) is being watched for manufacturing capacity and margin expansion, while DuPont (revenue of $1.84 billion, EPS of $1.87) is in focus for organic sales growth and the effects of the war in Iran and oil and gas inflation on EBITDA margins. Qnity Electronics reports Wednesday, after its shares fell almost 20% since its early August earnings report.
- 1 Reason to Buy Microsoft Stock for 10 Years
Microsoft has long charged businesses per worker for its software under seat-based pricing, but the article says its Copilot AI assistant is shifting to usage-based pricing, which could significantly affect growth not yet reflected in the stock price. The number of Copilot customers actively consuming credits through usage-based billing grew over 75% during the quarter, and daily users rose fivefold year over year. Revenue from agents and infrastructure (Azure, 365 cloud, productivity and server licensing, and industry solutions) grew 25% to nearly $77 billion, while 365 commercial cloud revenue rose 17% on a reported basis even though paid seats grew only 5%. The stock trades at about 27 times forward earnings, and analysts expect earnings to grow about 16% annually over the next several years.
- Saylor Is Hinting at Another Bitcoin Buy Before MSCI Rules on Strategy. What Happens to BTC if Strategy Has to Sell Instead?
Michael Saylor posted his Bitcoin purchase chart on X, hinting at another buy, while MSCI will announce on November 11 its final list of companies exiting its indexes; earlier simulations indicated Strategy might be on that list. Strategy holds 848,517 BTC worth around $66 billion as of October 25, but this year it sold about $432 million of Bitcoin to cover preferred dividends and repurchase STRC preferred stock. Dividend costs rose to $420 million in Q3 from $140 million a year earlier, while MSTR fell 14.8% over the past month. According to the article, an MSCI exit would not automatically force a Bitcoin sale given the company's $5.1 billion in cash-like assets, but a lower share price would make new share sales more dilutive, and selling Bitcoin could become necessary to cover dividend payments.
- How Many AGNC Shares It Takes to Earn $500 a Month in Dividends
AGNC Investment currently yields 16.3%, more than 10 times the 1.1% yield of the S&P 500. At its monthly dividend of $0.12 per share, roughly 4,167 shares (about $36,667 at the recent price) would generate $500 a month, whereas an S&P 500 index fund would require about $571,429 for the same income, meaning AGNC needs 94% less capital. The article stresses the risks: AGNC invests on a leveraged basis in agency MBS guaranteed against credit losses by government agencies like Fannie Mae, and it has cut its dividend before, most recently in 2020 from $0.16 per share to the current rate. CEO Peter Federico said returns currently exceed costs, so the dividend is supported for now, but the article argues the income is not reliable and should make up only a very small share of an overall portfolio.
- Copper Is Priced Like an AI Stock Now. What the Sell-off Means for Freeport-McMoRan.
Copper is essential to energy infrastructure and increasingly to data centers, where AI clusters can require up to 10 times the electrical power of traditional cloud infrastructure. Because copper stocks such as Freeport-McMoRan (FCX) are tied to the power grid and data center hardware, they have moved in step with AI stocks; the stock is down 18% from its recent high but still up 30% year to date. Spot copper prices have risen 71% since the start of 2024, from $3.90 per pound to $6.67 per pound, as hyperscalers invest heavily in data centers. In the third quarter, Freeport's operating income grew 19% to $2.4 billion on sales of 749 million pounds of copper at an average realized price of $6.54 per pound, and the company expects copper sales to rise another 17% in the fourth quarter. Freeport targets annual copper sales of 4.5 billion to 5 billion pounds by 2030, and the article says the company should keep benefiting from data center growth and grid build-out, though volatility may persist as investors scrutinize hyperscaler capital expenditures.
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.