HDBank targets 41% profit growth in 2026

HDBank, officially Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank – HOSE: HDB), successfully organized its 2026 Annual General Meeting of Shareholders, combined with an investor meeting and dialogue program that attracted a large number of shareholders, international investment funds, and many major financial institutions domestically and abroad. HDBank currently has more than 38,000 shareholders, including over 156 foreign institutions. The meeting was held online, expanding the space for transparent, multi-dimensional exchange among the leadership, experts, and the investor community. The event took place at Galaxy Innovation Hub (GIH), the bank’s innovation and technology center. Here, GIH became the first building in Vietnam to receive UL SPIRE smart building certification from UL Solutions (USA), affirming the bank’s technology and sustainability focus. LEADING PERFORMANCE – A SOLID FOUNDATION FOR A NEW GROWTH CYCLE In his opening remarks, Kim Byoungho, Chairman of HDBank’s Board, a global banking leader with more than 40 years of experience, emphasized the bank’s adaptive capacity, discipline, and consistent strategy amid a volatile economy. In 2025, HDBank reported standout results: pre-tax profit of VND 21,346 billion (+27.6%), ROE of 25.3%, ROA 2.1% – among market leaders; NPL 1.66%; CAR 16.7% – among the highest in the system; CIR 27.2%; dividend at 30%. During the AGM, Hero worker, Nguyen Thi Phuong Thao – Permanent Vice Chair of the Board – stressed: “A large bank is not measured by asset size alone, but by the ability to shoulder responsibility. HDBank is ready to shoulder it.” She also reaffirmed HDBank’s guiding development philosophy: “Every number in the financial report – behind it is a person.” PLAN FOR 2026: PROFIT BEFORE TAX OVER 30,100 BILLION VND, EQUITY OVER 110,000 BILLION VND, CAPITAL SIZE RISING The meeting approved the 2026 business plan with key targets: pre-tax profit above VND 30,100 billion (+41%); total assets of VND 1,194,481 billion (+28%); loan growth to VND 804,562 billion (+37%); equity at VND 110,088 billion; expected dividend 30%. This marks the start of a new growth cycle for 2026–2030, aiming to elevate HDBank to a large, highly efficient, and sustainable financial institution. A core focus discussed at the AGM was the strategy to develop an integrated financial-ecosystem, built on three pillars: HDBank (commercial bank); Vikki Bank (next-generation digital bank); HD SAISON (consumer finance); HDB Securities – HDS (securities). According to HDBank leadership, the ecosystem is designed as a growth architecture with intentional value creation and high adaptability to market fluctuations. In 2025, HD SAISON earned a profit of VND 1,100 billion with ROE of 22.5%; HDS posted profits above VND 1,000 billion, up 93%. Vikki Bank became profitable after seven months, attracting more than 2.5 million customers. Notably, the acquisition and restructuring of Dong A Bank into Vikki Bank is viewed not only as a business opportunity but also as a contribution to national financial stability. GLOBAL CAPITAL CONNECTIVITY – EXPANDING INTERNATIONAL MARKETS The session noted participation by international funds such as DEG and LeapFrog, along with leading global financial experts. Dr. Philipp Rösler – former German Vice-Chancellor and senior advisor to HDBank – commented: “Pioneering financial institutions will play a key role in connecting global capital flows with rapidly growing economies like Vietnam.” Within this framework, HDBank is advancing collaborations with the London Stock Exchange (LSE); joining initiatives under the International Finance Center (VIFC) in Ho Chi Minh City; and expanding access to international capital markets. COMMITMENTS FOR THE NEW DEVELOPMENT PHASE At the AGM, leadership underscored three ongoing commitments: sustainable growth grounded in the ecosystem and technology; governance to the highest international standards, transparency, and discipline; creation of long-term value across generations. Chairman Kim Byoungho stated: “HDBank is not just building a bank; we are creating a financial institution for a new era—where technology accompanies humanity, growth with responsibility.” He added: “We are not chasing short-term numbers. We are building for enduring relevance across generations.” CONFIDENCE – A FOUNDATION FOR ALL GROWTH As the AGM closed, strategic investor Nguyen Thi Phuong Thao thanked the State Bank of Vietnam, the State Securities Commission, regulators, and all shareholders and investors domestic and abroad. She emphasized: “HDBank’s renewal and growth are not just to be bigger, but to serve better, more safely, and more sustainably.” HDBank aims to be one of Vietnam’s leading private commercial banks, pioneering an integrated financial ecosystem and modern technology to serve tens of millions of personal and corporate customers.