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It is planned that Techcombank's charter capital will rise sharply from VND 70,862 billion to VND 113,738 billion. Techcombank (TCB) has updated materials for its 2026 Annual General Meeting of shareholders. The bank has added plans to pay cash dividends and issue bonus shares. With solid business results amid a volatile economy, the bank believes that maintaining a dividend policy from retained earnings while continuing above-industry growth and ensuring the CET1 ratio above 14% is entirely feasible. The dividend policy is a commitment to deliver superior value and alignment with shareholders. By investing in Techcombank, shareholders will receive direct income from cash dividends while also benefiting from potential price appreciation given the bank's leading position in Vietnam's and the region's financial markets. The Board proposed a cash dividend of 7%, equivalent to VND 4,960 billion. The funding will come from undistributed profits after setting aside reserves as of 31 December 2025, based on the bank's standalone and audited consolidated financial statements for 2025. The timing is expected in Q2 or Q3 2026. The bank will also propose issuing more than 4.28 billion shares from treasury to existing shareholders, corresponding to a 60% issuance ratio. This plan would increase charter capital by over VND 42,876 billion. Additionally, this year Techcombank will continue to issue more than 35.8 million shares under the ESOP program to increase charter capital by VND 358.7 billion. It is projected that charter capital will rise sharply from VND 70,862 billion to VND 113,738 billion. To date, this is the strongest capital-raising plan announced by banks in 2026. For 2026, Techcombank has prepared two scenarios to flexibly manage and respond to different market conditions. Scenario 1: If the Iran conflict is resolved quickly, pretax profit is projected to rise 15% to VND 37,500 billion, with non-performing loan ratio below 1.5%. Scenario 2: If the Iran conflict persists with persistent economic impact, pretax profit is planned to rise 7.6% year over year to VND 35,000 billion, with NPL below 2%. The bank noted that, per the approval of NHNN, the current credit limit granted is VND 849,000 billion, up 12% from 2025.
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…
