Saigon Thuong Tin Commercial Joint, VN000000STB4

MBS sets VND 86,300 target for Saigon Thuong Tin stock

Published on 10/21/2026 at 12:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

MBS forecast 2026 profit growth of 7.80 percent on September 30, 2026. Saigon Thuong Tin Commercial Joint Stock Bank stock is linked to VND 86,300.

Analyst view and bank metrics

MBS assigned a VND 86,300 target to the bank on September 30, 2026.
VCBS projected VND 10,270 billion in third-quarter 2026 operating income.
Saigon Thuong Tin Commercial Joint Stock Bank had VND 139.5 trillion in market capitalization on September 30, 2026.

Saigon Thuong Tin Commercial Joint, VN000000STB4, Illustration mit AI erstellt.

Saigon Thuong Tin Commercial Joint Stock Bank (ISIN VN000000STB4) received a VND 86,300 price target in MBS's September 30, 2026 portfolio report, while the bank's 2026 profit growth was forecast at 7.80 percent. Nguoi Quan Sat reported that MBS also linked the outlook to progress in resolving shares associated with former banker Tram Be.

Target rests on debt recovery

The analyst case depends on more than loan growth. MBS said the bank could gain additional income from debt recovery and provision reversals if the shareholding issue is resolved, making asset recovery a central valuation factor. The report placed Saigon Thuong Tin Commercial Joint Stock Bank among six selected stocks for October 2026.

What could lift 2026 profit?

A separate VCBS forecast put third-quarter 2026 operating income at VND 10,270 billion, up 17.00 percent from the prior-year quarter, while pretax profit was projected at VND 3,540 billion, down 3.00 percent. For fiscal year 2026, VCBS projected operating income of VND 39,000 billion, up 22.00 percent, and pretax profit of VND 11,640 billion, up 53.00 percent. Bao Phap Luat published the forecast on September 28, 2026.

Three recent analyst milestones

On August 13, 2026, Algolab listed a target cut from VND 76,000 to VND 70,000. On September 21, 2026, VCI carried a VND 73,500 target. On September 29, 2026, Algolab listed a target increase from VND 70,000 to VND 80,000. Algolab also listed an October 13, 2026 board resolution concerning branch and transaction-office addresses.

Market value on September 30

The State Securities Commission of Vietnam listed Saigon Thuong Tin Commercial Joint Stock Bank at VND 139,506 billion in market capitalization as of September 30, 2026, placing it fourteenth among the listed companies shown in its table. State Securities Commission of Vietnam identified the bank as an HOSE-listed company under ticker STB.