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Eleven banks have published Q1 2026 earnings, with nine reporting positive growth. Several lenders reported higher pre-tax profits alongside continued focus on liquidity, capital adequacy and asset quality.
At the AGM on 22 April 2026, SHB’s leadership said that by the end of Q1 2026, total assets reached VND 930.9 trillion, up about 4.4% from end-2025. Customer deposits rose to VND 672.0 trillion, up 4.5%, while lending increased to VND 632.8 trillion, up 2.15% from end-2025.
Pre-tax profit reached VND 4.66 trillion, up 7% year over year. SHB said safety indicators remained in line with State Bank of Vietnam (SBV) regulations and approached international standards, including a capital adequacy ratio (CAR) of 12.6%, a loan-to-deposit ratio (LDR) of 77% (below the 85% threshold), and a liquidity reserve ratio of 17% (above the minimum 10%).
By the end of Q1 2026, OCB’s pre-tax profit reached VND 1,224 billion, up 37% year over year. Total assets were VND 344.098 trillion, up 6.5% from the start of the year and up 19% year over year.
Market 1 deposits reached VND 232.284 trillion, up 5.1% from the start of the year. Outstanding loans were VND 210.428 trillion, up 2.6% from the start of the year and up 14.1% year over year.
At the morning AGM on 22 April, Sacombank’s leadership said liquidity had been challenging and funding costs rose, leading total assets to fall short of expectations at VND 861 trillion, down VND 57 trillion. Total deposits were VND 776 trillion, down VND 60 trillion, with Market 1 deposits down VND 18 trillion.
Sacombank said it aimed to balance funds to meet lending demand, with credit reaching nearly VND 627 trillion. Q1 2026 pre-tax profit was VND 3.572 trillion, about 44% of the plan, supported by cost-cutting and efficiency measures.
Techcombank reported Q1 2026 pre-tax profit of VND 8.869 trillion, up 22.5% year over year and a new quarterly record. Net interest income (NII) reached VND 9.5 trillion, up 14.6% year over year.
The bank said higher funding costs and deposit competition compressed net interest margin (NIM), but the 12-month NIM remained at 3.7%. Non-interest income (NFI) rose to a historic high of VND 3.6 trillion.
Operating expenses were VND 3.87 trillion, up 17.8% year over year but down 19.8% quarter over quarter. The cost-to-income ratio (CIR) improved to 28.3%. Provisioning costs were VND 935.3 billion, down 14.2% year over year.
Total assets were about VND 1.19 quadrillion. Under SBV-approved credit growth limits, Techcombank said it rotated its portfolio by reducing real estate exposure to below 30% (around 28.9%). Asset quality metrics included an NPL ratio of about 1.16% and a coverage ratio of about 129.3%.
At the annual shareholders’ meeting on 18 April, MB’s leadership disclosed Q1 2026 results. Loans rose 3.3% to VND 1.146 quadrillion and deposits increased 0.73% to VND 1.07 quadrillion.
Revenue of MB and its subsidiaries reached VND 22.822 trillion, up 21.5% year over year. Pre-tax consolidated profit was VND 9.500 trillion, up 13.3% year over year, while bank-only profit was VND 8.866 trillion, up 15.3%.
MB also reported customer base growth of 1.2 million to 36.2 million.
At the AGM, ACB reported Q1 pre-tax profit of VND 5.400 trillion, up 56% quarter over quarter and 17% year over year. The improvement was attributed to higher provisions in the prior year and more favorable conditions, with loan growth around 3.2% and deposits up about 1%.
Nam A Bank reported Q1 2026 pre-tax profit exceeding VND 1.62 trillion, up 32.5% year over year. ROE was 21.5% and ROA was 1.3%.
Service income rose 16% to VND 147 billion, and financial instruments income increased 4.6 times to VND 90 billion. By 31 March 2026, total assets were about VND 410 trillion, deposits over VND 217 trillion (up 7.2% year over year), and loans over VND 201 trillion (up 13.1% year over year).
VPBank reported consolidated loans of VND 1.06 quadrillion, up 10.2% year over year, and parent loans of 941 trillion, up 10.7%. Consolidated assets were about VND 1.37 quadrillion, up 9%.
Total deposits and instruments were around VND 822 trillion, up 11.8% year over year, mainly from the parent. VPBank’s LDR was 82.7%, and short-term funding for mid- and long-term lending was 28.3%, reported as SBV-compliant.
Total operating income (TOI) was about VND 19.9 trillion, up 26.3% year over year, with parent contribution of VND 15.162 trillion, up 33.8%. After three months, consolidated pre-tax profit was about VND 7.9 trillion, up 58% year over year and near 20% of the full-year plan. Parent profit was about VND 7.383 trillion, up 49.4%.
LPBank reported Q1 2026 pre-tax profit of VND 2.826 trillion, down 11% year over year. As of 31 March 2026, loans to customers were VND 403.026 trillion, up 2.9% since year-end and up 14.4% year over year.
Market 1 deposits were around VND 409.657 trillion, up slightly from year-end and up 17.9% year over year. Total operating income for Q1 2026 was VND 5.154 trillion, up 10% year over year, and net interest income was VND 3.878 trillion, up 18%.
LPBank increased loan loss provisions in Q1 to VND 774 billion, up nearly 3.9 times year over year, which it said reflected a cautious risk-management approach to strengthen asset quality and resilience against business environment fluctuations.
As of 31 March 2026, PGBank’s assets reached VND 86.711 trillion and Market 1 deposits were VND 47.035 trillion. Net interest income was VND 609 billion, up 20.4% year over year.
Pre-tax profit was VND 275.7 billion, up nearly three times versus Q1 2025 and approaching 20% of the full-year plan.
In the first three months, VietABank reported net interest income of about VND 676 billion, up approximately 10% year over year. Pre-tax profit reached over VND 508 billion, up 44% year over year.
Across the reported banks, results highlighted a mix of profit growth and balance-sheet expansion, alongside ongoing attention to liquidity and risk controls. Several lenders cited deposit competition and funding costs as key factors affecting interest margins, while others emphasized provisioning and portfolio adjustments to support asset quality.
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