MB, VPBank, and ACB Q1 2026 earnings updates: one bank reports pre-tax profit of VND 9.5 trillion

As of April 18, several banks have disclosed their Q1 2026 results. MB: At the annual ordinary general meeting held on April 18, MB's leadership revealed several Q1 2026 performance figures. Specifically, MB's credit in Q1 2026 rose 3.3%, reaching 1.146 trillion dong. Deposit mobilization rose 0.73%, reaching 1.07 quadrillion dong. The revenue of the bank and its subsidiaries reached 22.822 trillion dong, up 21.5% year-on-year. Consolidated pretax profit for MB reached 9.5 trillion dong, up 13.3% year-on-year. Of which, the bank's standalone profit was 8.866 trillion dong, up 15.3%. The customer base grew by 1.2 million in Q1 to 36.2 million customers. ACB: At the ordinary general meeting, management said Q1 pretax profit reached 5.4 trillion dong, up 56% from the previous quarter and up 17% from the same period last year. The reason is that the prior quarter had higher year-end provisions, which reduced profitability and contributed to the year-on-year increase. Compared with the same period, a 17% rise is reasonable. Credit at ACB rose about 3.2% and deposits rose about 1%. Overall, the bank has completed 24% of its full-year profit target. Nam A Bank: Nam A Bank posted Q1 2026 pretax profit of over 1.62 trillion dong, up 32.5% year-on-year. ROE reached 21.5%, up sharply from 19.3% in the same period; ROA rose to 1.3%. Profit growth remained strong due to diversification of income and improved efficiency. Specifically, service profit reached 147 billion dong, up 16%. Profit from securities trading reached 90 billion dong, up 4.6x from the same period. As of 31 March 2026, Nam A Bank's total assets stood at nearly 410,000 billion dong, up 56% year-on-year. Total deposits from economic organizations, individuals, and the issuance of negotiable instruments reached over 217,000 billion dong, up more than 7.2% year-on-year. In lending activity, Nam A Bank reached over 201,000 billion dong, up 13.1% year-on-year. VPBank: VPBank's consolidated credit portfolio reached 1.06 quadrillion dong, up 10.2% year-on-year from end-2025. Within this, lending at the parent bank reached 941,000 billion dong, up 10.7%. The parent bank's total assets rose 9% to over 1.37 quadrillion dong. Consolidated customer deposits and negotiable instruments issued reached nearly 822,000 billion dong, up 11.8% from end-2025, with a major contribution from the parent bank. The loan-to-deposit ratio stood at 82.7%, while the short-term funding ratio for medium- and long-term lending was 28.3%, in line with State Bank regulations. Total operating income for the group was over 19.9 trillion dong, up 26.3% year-on-year; the parent bank contributed 15.162 trillion, up 33.8%. After three months, VPBank's consolidated pretax profit reached over 7.9 trillion dong, up 58% year-on-year and close to 20% of the full-year plan. The parent bank recorded profit of 7.383 trillion dong, up 49.4%.