VPBank stock: VNDIRECT keeps target for VPBank stock at VND 30,500

Published on 10/21/2026 at 16:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half 2026 loans rose 40.10 percent year on year on October 13, 2026. VPBank stock stood at VND 24,000.00 on October 21, 2026, unchanged on HOSE.

VNDIRECT target and bank metrics

VNDIRECT maintained a VND 30,500.00 target for VPBank on October 13, 2026.
First-half 2026 loans rose 40.10 percent year on year.
VPBank stock closed at VND 24,000.00 on HOSE on October 21, 2026 at 2:45 p.m. ICT, unchanged from the prior close.
VPBank's adjusted 52-week range was VND 18,708.00 to VND 24,906.00 on October 20, 2026.

VPBank, VN000000VPB6, Illustration mit AI erstellt.

VPBank (ISIN VN000000VPB6) has a VND 30,500.00 price target from VNDIRECT, which maintained its favorable rating on October 13, 2026. The target is 27.08 percent above the HOSE closing price of VND 24,000.00 on October 21, 2026. VPBank stock closed unchanged at VND 24,000.00 on HOSE on October 21, 2026 at 2:45 p.m. ICT.

VNDIRECT sees credit growth

According to Nguoi Quan Sat on October 13, 2026, VNDIRECT said VPBank loans rose 40.10 percent year on year in the first half of 2026 and 23.00 percent from the start of the year. VNDIRECT projected full-year 2026 credit growth of 35.00 percent.

What supports the target?

The same assessment cited a 65.00 percent year-on-year increase in non-interest income during the first half of 2026. It also projected 2026 pretax profit of VND 39,567 billion, up 29.20 percent year on year, while warning that the loan-to-deposit ratio had reached 84.50 percent.

Price position and bank dates

OpenBDS placed VPBank's adjusted 52-week range at VND 18,708.00 to VND 24,906.00 on October 20, 2026. The October 21 closing price was 3.64 percent below that high and 28.28 percent above the low. Trading volume reached 11,966,600 shares on October 20, 2026, while the stock was unchanged that session.

VPBank's investor-relations page lists a first-quarter 2026 results announcement and a second-quarter and first-half 2026 webcast. The bank also reported that first-half 2026 loan growth was 40.10 percent year on year, providing the operating basis for VNDIRECT's 35.00 percent full-year projection.

Stock position

VPBank's price remains below the VNDIRECT target while its reported first-half loan growth exceeded the analyst's full-year projection by 5.10 percentage points. The 84.50 percent loan-to-deposit ratio is the clearest counterweight to the credit-growth case.