Fortune Vietnam Joint Stock Commercial, VN000000LPB7

LPBank reports profit: VND 39,300 target for Fortune Vietnam Joint Stock Commercial stock

Published on 10/21/2026 at 12:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nine-month pretax profit reached VND 10.421 trillion, up 9.00 percent year over year. The analyst target for Fortune Vietnam Joint Stock Commercial stock is VND 39,300.

Earnings and bank strategy

LPBank reported VND 10.421 trillion in pretax profit for nine months on October 21, 2026.
Total assets reached VND 694.183 trillion at September 30, 2026, up 29.00 percent year over year.
LPBank cut lending rates by up to 2.00 percent on October 19, 2026.

Fortune Vietnam Joint Stock Commercial, VN000000LPB7, Illustration mit AI erstellt.

Fortune Vietnam Joint Stock Commercial Bank (VN000000LPB7) reported VND 10.421 trillion in pretax profit for the first nine months of 2026, up nearly 9.00 percent from the same period of 2025. Dantri reported on October 21, 2026, that second-quarter pretax profit reached VND 4.448 trillion, up 29.00 percent year over year. The result gives the bank a measurable path toward its VND 14.982 trillion full-year profit goal.

What drove the nine-month result?

Balance-sheet expansion was the main operating feature. At September 30, 2026, total assets stood at VND 694.183 trillion and operating income reached VND 19.179 trillion, with both figures 29.00 percent above the comparable period of 2025, according to Dantri. Customer loans reached VND 481.570 trillion, up 24.00 percent year over year, while service income rose 136.00 percent to VND 5.977 trillion.

Three dated developments

On July 19, 2026, Fortune Vietnam Joint Stock Commercial Bank reported second-quarter and six-month results, according to MarketScreener. On October 15, 2026, it approved relocating the Y Yen transaction office from land parcels 99 and 100 to parcels 100 and 101, the same source reported. On October 21, 2026, nine-month pretax profit reached VND 10.421 trillion, as reported by Dantri.

Rate cuts shape the next phase

LPBank reduced lending rates by up to 2.00 percent per year and deposit rates by 0.50 to 0.60 percent on October 19, 2026. VietnamPlus reported that the move followed a central-bank push for lower funding costs. The policy supports borrowers but can also pressure interest margins, making the service-income increase an important counterweight.

Valuation and market context

MarketScreener listed one analyst with a VND 39,300 average target and a HOLD consensus. A separate market overview placed the stock's market capitalization at VND 114.9 trillion on October 19, 2026, while its reported 52-week range was VND 37,200.00 to VND 56,000.00. The bank's latest figures therefore combine faster lending growth with a larger contribution from fees and foreign-exchange income.