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At the morning of 22/4, during Sacombank’s shareholders’ meeting, the bank’s leadership said liquidity has faced recent difficulties as inbound funding costs rose, leaving total assets below expectations at 861 trillion VND, down 57 trillion. Total deposits reached 776 trillion VND, down 60 trillion, including Market 1 deposits down 18 trillion. Sacombank said it is working to balance funding to meet borrowers’ demand, while credit outstanding was about 627 trillion VND.
Pre-tax profit for Q1 2026 was 3,572 billion VND, equivalent to 44% of the plan. To reach this level, the bank trimmed costs and optimized operations.
Techcombank reported Q1 2026 pre-tax profit of 8,869 billion VND, up 22.5% year-on-year (YoY) and the highest ever for a first quarter. Net interest income (NII) reached 9.5 trillion VND, up 14.6% YoY. Despite higher funding costs and deposit competition pressuring net interest margin (NIM) to 3.1% in the quarter, NIM on a 12-month basis remained at 3.7%.
Non-interest income (NFI) surged to a new historical high of 3.6 trillion VND. Operating expenses were 3.87 trillion VND, up 17.8% YoY but down 19.8% quarter-on-quarter (QoQ), while the cost-to-income ratio improved to 28.3%. Provisions were 935.3 billion VND, down 14.2% YoY.
Total assets reached 1.19 quadrillion VND. Within the State Bank of Vietnam’s granted credit limit, Techcombank rotated its portfolio by reducing the share of real estate loans to below 30%, down to 28.9%.
On asset quality, the non-performing loan (NPL) ratio stood at 1.16%, and the provision coverage ratio was 129.3%.
At the annual general meeting on 18/4, MB’s leadership disclosed Q1 2026 figures. MB’s credit rose 3.3% to 1.146 quadrillion VND. Funding increased 0.73% to 1.07 quadrillion VND. Revenue of MB and subsidiaries reached 22,822 billion VND, up 21.5% YoY. Consolidated pre-tax profit reached 9,500 billion VND, up 13.3% YoY. The number of customers increased by 1.2 million in Q1 to 36.2 million.
At the annual general meeting, ACB reported Q1 pre-tax profit of 5,400 billion VND, up 56% QoQ and up 17% YoY. The bank attributed the QoQ increase to higher provisioning in the previous quarter, which had lowered profits. Credit grew about 3.2% and deposits rose about 1%. Overall, ACB said it achieved 24% of its annual profit plan.
Nam A Bank recorded Q1 2026 pre-tax profit of over 1,620 billion VND, up 32.5% YoY. ROE rose to 21.5%, up from 19.3% YoY, and ROA increased to 1.3%. The bank said profit growth was driven by diversification of income sources and improved efficiency. Service profit was 147 billion VND, up 16%, while profit from trading government securities was 90 billion VND, up 4.6 times.
As of 31/03/2026, Nam A Bank’s total assets were near 410,000 billion VND, up 56% YoY. Total deposits from economic organizations, individuals, and GTCG issued were over 217,000 billion VND, up 7.2% YoY. On lending, the bank lent over 201,000 billion VND, up 13.1% YoY.
VPBank reported consolidated credit of 1.06 quadrillion VND, up 10.2% YoY, and parent credit of 941 trillion VND, up 10.7%. Total consolidated assets were above 1.37 quadrillion VND, up 9%. Total deposits were around 822 trillion VND, up 11.8% YoY, with the parent bank as the main contributor.
VPBank’s LDR was 82.7%, and short-term funding for medium- and long-term lending was 28.3%, compliant with SBV regulations. Total operating income (TOI) consolidated exceeded 19,900 billion VND, up 26.3% YoY, with parent TOI contributing 15,162 billion VND, up 33.8%.
After three months, consolidated pre-tax profit was 7,900 billion VND, up 58% YoY, while parent profit was 7,383 billion VND, up 49.4%.
LPBank’s Q1 2026 pre-tax profit was 2,826 billion VND, down 11% YoY. As of 31/03/2026, customer loans were 403,026 billion VND, up 2.9% from end-2025 and up 14.4% YoY. On the funding side, Market 1 deposits were 409,657 billion VND, up slightly from end-2025 and up 17.9% YoY.
Total operating income for Q1 2026 was 5,154 billion VND, up 10% YoY, and net interest income was 3,878 billion VND, up 18%. LPBank sharply increased provisioning in Q1 to 774 billion VND, up nearly 3.9 times YoY, saying this reflects a cautious risk management stance to strengthen asset quality and enhance resilience to market fluctuations.
As of 31/3/2026, PGBank reported total assets of 86,711 billion VND and Market 1 deposits of 47,035 billion VND. Net operating income was 609 billion VND, up 20.4% YoY. Pre-tax profit was 275.7 billion VND, up nearly 3 times YoY, at about 20% of the 2026 annual plan.
In the first three months, VietABank reported net interest income of nearly 676 billion VND, up about 10% YoY. Pre-tax profit was over 508 billion VND, up 44% YoY.
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…
