Tien Phong Commercial Joint Stock Bank, VN000000TPB0

Tien Phong Commercial Joint Stock Bank stock: MBS keeps VND 16,600 target

Published on 10/20/2026 at 17:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Half-year profit reached VND 4.48 trillion, up 8.13 percent. Tien Phong Commercial Joint Stock Bank stock closed at VND 11,950.00 on October 20, 2026.

Analyst view and earnings date

MBS maintained a VND 16,600 target for Tien Phong Commercial Joint Stock Bank on October 5, 2026.
Tien Phong Commercial Joint Stock Bank distributed 416,088,023 shares under its stock dividend program on October 8, 2026.
Tien Phong Commercial Joint Stock Bank stock closed at VND 11,950.00 on October 20, 2026, down 0.42 percent.
The next earnings date is October 29, 2026.

Tien Phong Commercial Joint Stock Bank, VN000000TPB0, Illustration mit AI erstellt.

Tien Phong Commercial Joint Stock Bank (ISIN VN000000TPB0) remains under a VND 16,600 target maintained by MBS in a report dated October 5, 2026. The target is 39.50 percent above the bank stock's VND 11,950.00 closing price on HOSE on October 20, 2026 at 2:45 p.m. ICT. Nguoi Quan Sat reported that MBS kept its positive rating and lowered its target valuation multiple because net interest margin remains under pressure from funding costs.

Profit growth stays measurable

TPBank's pretax profit reached VND 4.48 trillion in the first half of 2026, up 8.13 percent from VND 4.15 trillion in the first half of 2025. Net profit totaled VND 3.57 trillion, an increase of 7.75 percent over the same period. Finhay said net interest income rose 8.55 percent to VND 7.09 trillion during the first half.

Share issuance changes the picture

The State Securities Commission said on October 15, 2026 that TPBank had distributed 416,088,023 shares under its dividend issuance. The report referred to the bank's October 8 filing and identified TPB as listed on the Ho Chi Minh Stock Exchange. SSC recorded the distribution, which adds a clear capital structure item alongside the earnings comparison.

What date comes next?

Tien Phong Commercial Joint Stock Bank has an earnings date listed for October 29, 2026. Yahoo Finance lists the event at 8:00 a.m. UTC. For investors, that date provides the next scheduled point for testing whether the first-half profit trajectory is carrying into the third quarter.

Price stays below the target

The HOSE close of VND 11,950.00 was down 0.42 percent on October 20, 2026. Against the MBS target, the arithmetic leaves a VND 4,650.00 gap, while the bank's first-half pretax profit was VND 4.48 trillion. The combination of a dated target, measured earnings growth and a scheduled report date gives the stock a defined set of reference points.

Tien Phong Commercial Joint Stock Bank stock closed at VND 11,950.00 on HOSE on October 20, 2026 at 2:45 p.m. ICT, down 0.42 percent on the day.