VIB stock: Profit falls 15.00 percent for VIB stock in second quarter

Published on 10/21/2026 at 15:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Net interest income rose 10.00 percent year-on-year in the second quarter. VIB stock was VND 13.75 on September 30, 2026, with VND 2.38 trillion profit.

Profit and credit quality

VIB reported second-quarter pretax profit of VND 2.38 trillion, down 15.00 percent quarter-on-quarter.
Net interest income rose 10.00 percent year-on-year in the second quarter of 2026.
VIB stock was quoted at VND 13.75 on September 30, 2026.

VIB, VN000000VIB1, Illustration mit AI erstellt.

VIB (ISIN VN000000VIB1) reported second-quarter 2026 pretax profit of VND 2.38 trillion, down 15.00 percent quarter-on-quarter and 8.00 percent year-on-year, according to 24HMoney on September 30, 2026. The same report said net interest income rose 10.00 percent year-on-year in the second quarter. VIB stock was quoted at VND 13.75 on September 30, 2026.

Credit growth changes shape

The lending mix shifted toward corporate borrowers during the second quarter. Corporate credit increased 17.80 percent from the start of 2026, while personal lending declined 2.00 percent, according to 24HMoney. Lending to real estate businesses rose 58.00 percent from the start of the year, adding exposure to a segment that can amplify swings in asset quality.

The report also placed credit growth at 4.00 percent from the start of the year, compared with 9.80 percent in the same period of 2025. That difference matters because VIB had historically built much of its growth around retail lending.

Asset quality remains decisive

VIB's second-quarter non-interest income fell 45.00 percent quarter-on-quarter and 13.00 percent year-on-year. The report attributed part of the volatility to a VND 665 billion bancassurance contribution and a VND 423 billion foreign-exchange trading loss.

Loan-loss coverage stood at 43.60 percent, while stage-two loans represented 2.60 percent of lending, compared with 1.60 percent for medium-sized banks, according to 24HMoney. The figures leave provisions as a central variable for future earnings.

Capital supports expansion

VIB's charter capital reached VND 37.354 trillion after the bank issued more than 323 million shares for a 9.50 percent stock dividend, according to VIB on October 7, 2026. Outstanding loans reached VND 400.00 trillion at the end of the second quarter, while first-half pretax profit exceeded VND 5.18 trillion.

What investors can measure next

The next earnings assessment will depend on whether lending growth improves without a renewed rise in provisioning pressure. The second-quarter figures combine a 10.00 percent increase in net interest income with weaker profit and a more corporate-led credit mix.

VIB's dated quote was VND 13.75 on September 30, 2026. The company fact pattern therefore centers on earnings quality, credit composition and the strength of the loan-loss buffer.