BIDV plans another share sale as Mirae cuts target for BIDV stock
Published on 10/09/2026 at 12:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS- BIDV plans another share sale by the end of 2027, with Reuters putting the total value at USD 1.4 billion.
- Mirae Asset cut its target from VND 42,750 to VND 42,350 on October 5, 2026.
- First-half 2026 pretax profit reached VND 18,905 billion, up 18 percent year over year.
- BIDV is listed on HOSE under ticker BID and ISIN VN000000BID9.
BIDV (VN000000BID9) intends to sell another stake by the end of 2027 for a total value of USD 1.4 billion, while Mirae Asset cut its target from VND 42,750 to VND 42,350 on October 5, 2026. Reuters reported the planned transaction on October 7, 2026, while Mirae Asset maintained its overweight view.
Capital raising enters a new phase
Reuters said BIDV sold roughly 3 percent of its shares in March and intends to sell another stake by the end of 2027. The planned sales are part of a wider capital-raising drive among Vietnamese banks, but the report also cited pressure from rapid loan growth and stricter Basel III requirements.
The capital plan follows a September 23, 2026 listing change that lifted BIDV's listed share count to 7,778,229,473. DNSE reported that 498,164,263 shares were added, equal to a 6.84 percent increase from the previous listed total.
What does the plan mean for earnings?
The bank's operating picture provides the counterweight to the dilution question. According to BIDV, the third-quarter 2026 financial statements are scheduled for October 30, 2026. First-half pretax profit reached VND 18,905 billion, up 18 percent year over year, while second-quarter pretax profit rose 20 percent to nearly VND 10,333 billion, according to DNSE.
Mirae Asset forecasts 2026 pretax profit of VND 40,030 billion, up 5.70 percent from 2025, but lowered its projected net interest margin to 2.34 percent from 2.48 percent. That combination makes the capital raise and loan expansion the key questions for the next results release.
Three milestones shape the story
On September 23, 2026, the listed share count rose to 7,778,229,473. On October 5, 2026, Mirae Asset set a VND 42,350 target after cutting it from VND 42,750. On October 7, 2026, Reuters reported BIDV's planned additional share sale with a total value of USD 1.4 billion.
Upcoming reporting dates
BIDV's next dated events are the third-quarter financial statement announcement on October 30, 2026, and the third-quarter earnings call on November 30, 2026, both listed on the bank's investor-relations page.
HOSE listing and company facts
Joint Stock Commercial Bank for Investment and Development of Vietnam is listed on HOSE under ticker BID. The bank operates in the financials sector, and its first-half 2026 assets stood at VND 3.44 quadrillion, while customer loans reached VND 2.5 quadrillion, according to DNSE.
Market context: Latest market reports.
BIDV stock facts
- Company: Joint Stock Commercial Bank for Investment and Development of Vietnam
- ISIN: VN000000BID9
- Ticker: BID
- Primary exchange: HOSE
- Sector / Industry: Financials / Banks
