VDSC forecasts 39 percent profit growth for HDBank stock

Published on 10/15/2026 at 10:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

VDSC sees VND 6,600 billion profit in third-quarter 2026, up 39 percent. HDBank stock links to capital rising from VND 50.05 trillion to VND 65.07 trillion.

Capital and profit milestones

VDSC forecast HDBank's third-quarter pretax profit at VND 6,600 billion on October 15, 2026.
HDBank's capital is set to rise from VND 50.05 trillion to VND 65.07 trillion.
Assets reached VND 931 trillion and pretax profit reached VND 21.3 trillion by fiscal year 2025.

HDBank, VN000000HDB1, Illustration mit AI erstellt.

HDBank stock is tied to a VDSC forecast for third-quarter 2026 pretax profit of nearly VND 6,600 billion, up 39 percent from the same period last year. BaoMoi published the VDSC forecast on October 15, 2026, giving earnings momentum a concrete test for the bank's next report.

Forecast points to stronger earnings

VDSC projected third-quarter net interest income of VND 9,989 billion, an increase of 29 percent year over year, while nine-month net interest income was projected at VND 28,209 billion, up 13 percent. The forecast also put the net interest margin at 3.90 percent, down 13 basis points from the prior quarter and 36 basis points from the prior year, showing that credit expansion and margin pressure are developing together.

The same forecast placed nine-month pretax profit near VND 19,800 billion, up 34 percent year over year and equal to 72 percent of the full-year projection. It also identified asset quality as a counter-factor, with third-quarter credit-loss provisions projected at VND 2,779 billion, up 21 percent year over year. BaoMoi carried the figures and the quality-risk assessment.

What does the capital increase change?

HDBank's planned issuance totals 1,501,582,896 shares, combining a 25 percent stock dividend with a 5 percent bonus issue. Capital is scheduled to rise from VND 50.05 trillion to VND 65.07 trillion, while the shareholder record date was October 12, 2026. Vietnam Banks Association reported the issuance details.

Three dated capital milestones

On August 17, 2026, HDBank's shareholder resolution supported the issuance of 1,501,582,896 shares. Vietnam Banks Association said State Bank approval followed on September 21, 2026, covering the same capital plan. The October 12, 2026 record date completed the key shareholder timetable for the 30 percent distribution.

Scale supports the earnings case

HDBank's assets reached VND 931 trillion and pretax profit reached VND 21.3 trillion by fiscal year 2025, according to Asia News Network on October 14, 2026. Return on equity stood at 25.30 percent, providing a profitability reference as the bank adds equity.

Company facts and next signal

HDBank is listed on HOSE under ticker HDB, and the next material company signal is the publication of third-quarter 2026 results after the forecast period. The combination of a 39 percent earnings forecast and a 30 percent share distribution leaves credit quality and margin performance as the key figures for assessing the capital deployment.