Vietcombank stock reports 58 percent Q2 profit growth

Published on 10/07/2026 at 09:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Vietcombank stock closed at VND 57,300 on October 6, 2026, after a 0.53 percent gain. Q2 pretax profit rose 58 percent year over year.

Vietcombank, VN000000VCB4, Illustration mit AI erstellt.

Vietcombank stock (ISIN VN000000VCB4) closed at VND 57,300 on HOSE on October 6, 2026, up 0.53 percent from the previous session. The key operating figure is second-quarter pretax profit of VND 17,420 billion, a 58 percent year-over-year increase, according to Vietnam.vn on September 11, 2026.

Q2 profit sets a high bar

Vietcombank also reported VND 29,222 billion in pretax profit for the first six months of 2026, up 33 percent year over year and equal to 63 percent of its full-year plan, the same Vietnam.vn report said. The comparison matters because the quarterly result was 48 percent higher than the first quarter, making profit momentum the central support for current valuation views.

DSC Research projected full-year 2026 pretax profit of VND 51,631 billion, up 17 percent, alongside operating income of VND 85,433 billion, according to MoneyF on September 30, 2026. That forecast sets a demanding benchmark for the next reported period, particularly because it assumes 12 percent to 14 percent credit growth and a non-performing-loan ratio below 1 percent.

Targets remain above the market

A 13-analyst consensus gives Vietcombank a Strong Buy rating, with an average 12-month target of VND 73,554, a high of VND 88,100 and a low of VND 38,261.81, according to AI Hay on September 12, 2026. The average target lies 28.3 percent above the October 6 price, while the wide spread between the highest and lowest targets shows that assumptions about growth and valuation remain important.

Separate research has also kept targets above the share price. Vietnam.vn reported that SHS set a VND 75,000 target on September 11, 2026, and forecast full-year pretax profit of VND 50,650 billion, up 15 percent. The two profit forecasts differ by VND 981 billion, highlighting the sensitivity of the valuation case to the expected pace of earnings growth.

Vietcombank stock holds VND 57,300

Vietcombank stock closed at VND 57,300 on HOSE on October 6, 2026, with a daily gain of 0.53 percent. The bank is listed in the VN30 index, and its second-quarter asset-quality figures included a 0.61 percent non-performing-loan ratio and 279.28 percent coverage, according to Taichinh on September 16, 2026.