•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Leading private banks have released their Q1 2026 earnings, with results showing a mixed picture across the sector. In the “Big 5” group, only MB and BIDV reported profits, while several private lenders highlighted stronger income growth and improving profitability metrics.
At its annual general meeting, BIDV’s leadership reported positive Q1 2026 results. Credit outstanding reached about 2.38 quadrillion dong, up 2.6% from the start of the year and up 15% year-on-year, within the approved credit growth cap. Deposit funding reached about 2.43 quadrillion dong, essentially flat versus the start of the year due to market conditions, and up about 11% year-on-year.
Standalone pre-tax profit reached about 8,254 billion dong. The non-performing loan (NPL) ratio remained under 1.5%.
At the AGM on April 22, SHB said that by end-Q1 2026 total assets reached 930.9 trillion dong, up 4.4% from year-end 2025. Deposits rose to 672.0 trillion dong, up 4.5%, while loans stood at 632.8 trillion dong, up 2.15% from end-2025.
Pre-tax profit was 4,660 billion dong, up 7% year-on-year. SHB reported that key safety indicators remained within State Bank of Vietnam standards, including CAR at 12.6%, LDR at 77%, and liquidity reserve at 17%.
By end-Q1 2026, OCB’s pre-tax profit reached 1,224 billion dong, up 37% year-on-year. Total assets were 344,098 billion dong, up 6.5% from year-start and up 19% from a year earlier.
Demand deposits (market 1) reached 232,284 billion dong, up 5.1% from the start of the year. Outstanding credit stood at 210,428 billion dong, up 2.6% from the start and up 14.1% year-on-year.
At the morning AGM on April 22, Sacombank said liquidity faced challenges as deposit costs rose. Total assets were 861 trillion dong, down 57 trillion, and total deposits were 776 trillion dong, down 60 trillion, with market 1 deposits falling by 18 trillion.
Sacombank said it aimed to balance funding to meet lending demand. Loan outstanding was about 627 trillion dong. Q1 2026 pre-tax profit reached 3,572 billion dong, about 44% of the plan.
Techcombank reported Q1 2026 pre-tax profit of 8,869 billion dong, up 22.5% year-on-year and described as a record high for Q1 to date, making it the private bank with the highest profit among peers covered in the update.
Net interest income (NII) reached 9.5 trillion dong, up 14.6% year-on-year. Funding costs rose, and competition cooled net interest margin (NIM) to 3.1% in the quarter, while trailing 12-month NIM remained steady at 3.7%. Non-interest income (NFI) rose to a historic high of 3.6 trillion dong.
Operating expenses were 3.87 trillion dong, up 17.8% year-on-year but down 19.8% quarter-on-quarter. The cost-to-income ratio (CIR) improved to 28.3%. Provisions were 935.3 billion dong, down 14.2% year-on-year.
Total bank assets reached about 1.19 quadrillion dong. Within the permitted credit growth, Techcombank said it rebalanced its portfolio by reducing real estate exposure to below 30%, to 28.9%. Asset quality remained strong, with NPL at 1.16% and loan loss coverage at 129.3%.
At MB’s 2026 annual general meeting on April 18, the bank disclosed Q1 2026 results. MB’s credit rose 3.3% in Q1 to 1.146 quadrillion dong. Deposits increased 0.73% to 1.07 quadrillion dong.
Revenues for MB and its subsidiaries reached 22,822 billion dong, up 21.5% year-on-year. Consolidated pre-tax profit was 9,500 billion dong, up 13.3% year-on-year. Standalone bank profit within the group was 8,866 billion dong, up 15.3%.
MB also reported customer growth of 1.2 million in Q1 to 36.2 million.
At the AGM, ACB said Q1 pretax profit reached 5,400 billion dong, up 56% quarter-on-quarter and up 17% year-on-year. Loans grew about 3.2% and deposits grew about 1%. The quarter accounted for 24% of the annual profit plan.
Nam A Bank reported Q1 2026 pretax profit exceeding 1,620 billion dong, up 32.5% year-on-year. ROE reached 21.5%, up from 19.3% year-on-year, and ROA rose to 1.3%.
The bank attributed profit growth to expanding income sources beyond traditional lending and improving efficiency. Service income reached 147 billion dong, up 16%, while securities trading earned 90 billion dong, up 4.6 times.
As of March 31, 2026, Nam A Bank’s total assets approached 410,000 billion dong, up 56% year-on-year. Deposits from economic entities, individuals, and securities issuance exceeded 217,000 billion dong, up more than 7.2% year-on-year. Lending rose to over 201,000 billion dong, up 13.1% year-on-year.
VPBank reported group-level lending of 1.06 quadrillion dong, up 10.2% from end-2025. Mother bank lending stood at 941 trillion dong, up 10.7%. Total consolidated assets surpassed 1.37 quadrillion dong, up 9%.
Deposits from customers and negotiable instruments reached nearly 822 trillion dong, up 11.8% year-on-year, with the mother bank contributing most of the increase. Total operating income exceeded 19,900 billion dong, up 26.3% year-on-year, with the mother bank contributing 15,162 billion dong, up 33.8%.
After three months, consolidated pre-tax profit reached over 7,900 billion dong, up 58% year-on-year and nearly 20% of the full-year plan. The mother bank posted pre-tax profit of 7,383 billion dong, up 49.4%.
LPBank reported Q1 2026 pretax profit of 2,826 billion dong, down 11% year-on-year. As of March 31, 2026, customer lending was 403,026 billion dong, up 2.9% from year-end 2025 and up 14.4% year-on-year.
On funding, market 1 deposits reached 409,657 billion dong, up slightly from year-end 2025 and up 17.9% year-on-year. Total operating income for Q1 2026 was 5,154 billion dong, up 10% year-on-year, while net interest income reached 3,878 billion dong, up 18%.
LPBank increased credit provisioning in Q1 to 774 billion dong, up nearly 3.9 times year-on-year. The bank said this reflected a cautious risk management stance to strengthen asset quality and resilience to market changes.
As of March 31, 2026, PGBank reported total assets of 86,711 billion dong. Market 1 deposits were 47,035 billion dong. Net operating income was 609 billion dong, up 20.4% year-on-year. Pre-tax profit reached 275.7 billion dong, up sharply from 96 billion in Q1 2025 (nearly 3 times) and about 20% of the 2026 annual plan.
VietABank said that in the first three months of the year, its core business generated net interest income of about 676 billion dong, up around 10% year-on-year. Pre-tax profit reached over 508 billion dong, up 44% year-on-year.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
