HDBank discloses 2026 AGM materials: pre-tax profit exceeds 30 trillion dong, assets near 1.2 quadrillion dong, entering a new growth cycle

Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) (HOSE: HDB) released the 2026 Annual General Meeting (AGM) materials, signaling a transition to a new growth cycle under a strong capital base, high efficiency, and stringent risk management. The AGM is scheduled for April 24, 2026, to review key items including the business plan, profit distribution, and mid-term development strategy. Strong growth and leading efficiency HDBank targets pretax profit of over 30 trillion dong in 2026, up 41% from 2025, continuing a high and sustainable growth trajectory. The bank's scale will continue to expand rapidly, with total assets above 1,194 trillion dong (+28%), approaching 1.2 quadrillion dong; total deposits of 1,061 trillion dong (+28%); outstanding credit of 805 trillion dong (+37%, with HDBank's own growth under regulatory cap approved by the SBV). Credit growth will focus on manufacturing and business, supply chain, and other growth sectors of the economy, thereby optimizing asset quality and long-term earnings. Efficiency metrics remain top-tier, with non-performing loan ratio under 2%. In 2025, HDBank maintained its leading efficiency position with ROE of 25.3%, and a strong capital base with CAR at 16.7% — the highest in the system. These metrics reflect a growth model balanced across scale, efficiency, and risk control, forming a foundation for long-term valuation. Strong capital base – driver of scale expansion In 2026, HDBank plans to raise its equity to 103 trillion dong. This is among the largest capital bases in the system, providing a clear competitive edge as the banking sector enters a phase with higher capital safety and international standards. A robust capital position will enable HDBank to proactively expand credit growth, optimize balance sheet structure, and boost resilience to economic volatility, while expanding investments in technology and digital banking. Strategy 2026: quality growth – expanding room to grow The 2026 plan is built on a prudent yet proactive foundation, with strategic pillars: optimize funding costs and improve credit quality, increase non-interest income and digital financial services, accelerate digital transformation and an integrated banking model, expand internationally through the Vietnam International Financial Centre (VIFC), connect international capital flows, access global financial standards, broaden revenue sources and markets. Entering a new growth cycle With a strong financial base, high profitability, and clear strategy, HDBank is entering a new growth cycle aimed at: expanding rapidly but with control, raising profit quality, increasing corporate value and market capitalization. HDBank continues to affirm its position as one of Vietnam's fastest-growing banks, with high efficiency and strong governance, accompanying the economy's development and delivering sustainable value to shareholders. With top-tier efficiency, a capital base above 103 trillion dong, and ample growth potential, HDBank is poised to accelerate in size and capital value in the medium term.