Asia Commercial Joint Stock Bank, VN000000ACB8

Asia Commercial Joint Stock Bank stock fell 2.38 percent on October 6 2026

Published on 10/07/2026 at 09:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Asia Commercial Joint Stock Bank stock posted VND 20,500 on October 6, 2026, after Q2 pretax profit fell 11.9 percent year over year. Six-month profit rose 0.4 percent.

Asia Commercial Joint Stock Bank, VN000000ACB8, Illustration mit AI erstellt.

Asia Commercial Joint Stock Bank (ISIN VN000000ACB8) was last at VND 20,500 on HOSE on October 6, 2026 at 1:19 p.m. ICT, down 2.38 percent during the session. The market move came as the bank's latest quarterly figures showed slower profit growth and higher provisioning pressure.

Second quarter profit falls 11.9 percent

The Q2 2026 table published by 24HMoney shows pretax profit of VND 5,366.9 billion, down 11.9 percent from VND 6,093.3 billion in Q2 2025. Net income reached VND 4,292.5 billion, compared with VND 4,881.2 billion a year earlier, a decline of 12.1 percent.

The first-half result was steadier. According to CafeF, VDSC reported first-half pretax profit of VND 10,735 billion, up 0.4 percent year over year.

Provisioning drives the earnings gap

Credit costs explain why higher operating income did not translate into stronger earnings. Q2 provision expense reached VND 1,060.2 billion, up 129 percent from the comparable quarter, while net interest income rose 16.5 percent to VND 7,784.7 billion, according to the Q2 financial table on 24HMoney.

VDSC kept its Buy recommendation and VND 27,000 target in the report dated September 15, 2026, while cutting its 2026 pretax-profit forecast by 6 percent to VND 22,845 billion, CafeF reported.

Analyst target stays above the stock

An analyst overview from Ai Hay lists a Strong Buy consensus from 11 of 14 analysts and a 12-month average target of VND 26,805. That target is 30.76 percent above the October 6 price, placing the earnings slowdown against a still-positive valuation view.

ACB stock remains below yearly high

Trading volume reached 7,513,800 shares on October 6, 2026. The 52-week range was VND 18,700 to VND 23,750, and the VND 20,500 price stood 13.68 percent below the yearly high, according to the HOSE market page.

For investors, the central issue is the balance between loan growth and credit costs. A recovery in provisioning trends would improve the earnings comparison, while the Q2 decline shows why the VND 27,000 target depends on execution rather than price momentum alone.