HDBank stock: Kafi keeps VND 32,000 target for HDBank stock
Published on 10/19/2026 at 16:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget distance and earnings
- Kafi maintained a VND 32,000 target on October 13, 2026, implying 40.97 percent above the reported price.
- HDBank's first-half 2026 pretax profit rose 31.00 percent to VND 13.20 trillion.
- HDBank stock was VND 22,700 on HOSE on October 19, 2026, down 0.70 percent year to date.
- Total assets reached VND 1.05 trillion by June 30, 2026, up 12.30 percent from the start of the year.
HDBank's VND 32,000 target from Kafi remains the clearest valuation marker for the stock. According to Nguoi Quan Sat on October 13, 2026, Kafi maintained that target, which stood 40.97 percent above the reported HOSE price of VND 22,700.
HDBank stock was reported at VND 22,700 on HOSE on October 19, 2026, down 0.70 percent year to date. The quotation provides a current market anchor while the analyst target places the stock against a substantially higher valuation level.
Profit growth supports the target
The bank's first-half 2026 pretax profit reached VND 13.20 trillion, an increase of 31.00 percent from the same period a year earlier. Vietstock reported the figure on October 19, 2026, alongside total assets of VND 1.05 trillion, up 12.30 percent from the start of the year.
That combination gives the target a measurable operating reference. The same report said HDBank's separate 2026 pretax profit objective was VND 25.73 trillion, representing growth of 31.00 percent from 2025.
Price position on October 19
Liquidity averaged more than 13 million shares per day in the period cited by Vietstock. The report also placed HDBank's first-half return on equity at 25.40 percent, a figure that keeps profitability central to the valuation discussion.
HDBank's capital base expanded during 2026, with issued capital rising from VND 50.05 trillion to VND 65.07 trillion after the reported share distributions. The larger share base is an important counterpoint when investors compare the VND 32,000 target with the current HOSE quotation.
Market context and company details
Stockbiz listed Vietnam's VN-Index at 1,696.99, down 0.52 percent at 2:10 p.m. CEST on October 19, 2026, while HDBank's company-specific figures remained focused on earnings, assets and capital expansion.
HDBank market details
- Company: Ho Chi Minh City Development Joint Stock Commercial Bank
- ISIN: VN000000HDB1
- Ticker: HDB
- Primary exchange: HOSE
- Price on HOSE as of October 19, 2026: VND 22,700
- Year-to-date performance: minus 0.70 percent
- Sector / Industry: Financials / Banks
Market context: Latest market reports.
