SHB reported 51 percent plan completion for Sai Gon - Hanoi Commercial Joint Stock stock

Sai Gon - Hanoi Commercial Joint Stock (VN000000SHB9) reported pretax profit of VND 9.09 trillion for the first six months of 2026, completing 51.00 percent of its full-year plan, according to Vietnam Market Insights on September 30, 2026. The result gives the bank a stronger earnings base for the rest of the year, although quarterly profit trends were mixed.

Service income changes the mix

In the second quarter of 2026, net service profit reached VND 2,535.50 billion, up 270.60 percent from VND 684.20 billion in the same quarter of 2025, according to 24HMoney. That increase helped diversify income beyond lending, an important counterweight as net interest profit fell 26.20 percent year over year to VND 6,761.00 billion.

The same Q2 2026 table shows pretax profit of VND 4,487.20 billion, down 1.90 percent from VND 4,575.80 billion a year earlier. Net profit was VND 3,602.60 billion, compared with VND 3,646.90 billion in the second quarter of 2025, a decline of 1.20 percent.

Stock faces a sharper market test

SHB traded at VND 10.05 on HOSE on October 8, 2026, down 6.94 percent from VND 10.80, with volume of 44,496,500 shares. TradingView listed market capitalization at VND 61.19 trillion on October 8, 2026, while its one-year performance showed a decline of 32.86 percent.

The price reaction puts greater weight on the quality of earnings growth. The six-month plan completion is positive, but the quarterly decline in net interest profit and net profit shows why service income alone does not settle the bank's operating outlook.

SHB remains a major Vietnamese bank

Global Banking & Finance Review identifies Sai Gon - Hanoi Commercial Joint Stock Bank as SHB.VN on HOSE under ISIN VN000000SHB9. The bank operates across deposits, lending, settlement services, capital investments, bonds and foreign-exchange trading.

HOSE quote and investor reference

For German investors, the primary-market reference was VND 10.05 on HOSE on October 8, 2026, with the prior comparison at VND 10.80. The combination of 51.00 percent plan completion and weaker second-quarter net profit leaves execution of the remaining 49.00 percent of the annual plan as the key financial benchmark.

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