VPBank stock gained 1.29 percent on October 7

Published on 10/08/2026 at 09:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

VPBank stock stood at VND 23,500 on October 7, while 11 analysts set a VND 26,170.1 average target. First-half profit reached VND 18,900 billion, up 68 percent.

VPBank, VN000000VPB6, Illustration mit AI erstellt.

VPBank (ISIN VN000000VPB6) stock gained 1.29 percent to VND 23,500 on the Ho Chi Minh Stock Exchange on October 7, 2026, from a previous close of VND 23,200. The price report gives investors a clear near-term reference while the bank heads toward its next scheduled earnings date.

Profit growth remains the anchor

Baomoi reported on October 6, 2026, that VPBank generated consolidated pre-tax profit of VND 11,000 billion in the second quarter of 2026, up 76 percent from the same quarter a year earlier.

The six-month result was VND 18,900 billion, up 68 percent year over year and equal to 49 percent of the 2026 forecast cited in the report. Credit growth reached 40.6 percent, while non-interest income increased 91 percent and the cost-to-income ratio stood at 19.7 percent.

Analysts see room above the price

According to Investing.com, 11 analysts held a consensus Buy rating, with 9 Buy ratings, 2 Holds and 0 Sells. The average 12-month target was VND 26,170.1, which lies 11.36 percent above the VND 23,500 price, with estimates ranging from VND 22,214.98648 to VND 30,148.91023.

BNEWS reported on October 5, 2026, that SSI maintained an Outperform recommendation for VPBank with a one-year target of VND 26,500. SSI also used a target price-to-book ratio of 1.2 times and cited the possible effect of a private placement on equity.

Margins and asset quality matter

The earnings growth came with a narrower net interest margin. Baomoi reported that VPBank's NIM declined from 5.31 percent in the first quarter of 2026 to 5.18 percent in the second quarter, while non-interest income reached VND 5,500 billion, up 91 percent.

The same report identified asset quality, funding costs, consumer finance and bancassurance as factors that could shape future results. Its risk discussion is important because loan growth and higher funding costs can support revenue while putting pressure on margins and credit expenses.

A separate report published by Baophapluat on October 7, 2026, said VPBank completed a VND 2,800 billion bond repurchase on September 29. The report also said the bank distributed 2.06 billion shares as a stock dividend on September 25, taking charter capital to VND 100,000 billion.

VPBank stock stays below its yearly high

VPBank stock was trading at VND 23,500 on HOSE on October 7, 2026, up 1.29 percent from VND 23,200. The same quote showed a 52-week range of VND 18,631.1 to VND 27,011.3, so the price remained VND 3,511.3 below the yearly high.