VPX sets VND 25,500.00 target for Asia Commercial Joint Stock Bank stock

VPX set a target of VND 25,500.00 for Asia Commercial Joint Stock Bank on October 9, 2026, according to 24HMoney. That target stands 23.79 percent above the HOSE price of VND 20,600.00 on October 16, 2026. The stock was unchanged on the session.

Second-quarter profit reached VND 4.29 trillion

Asia Commercial Joint Stock Bank reported second-quarter revenue of VND 22,090.00 billion and profit before tax of VND 5,366.90 billion. Net income was VND 4,292.50 billion, compared with VND 4,881.20 billion in the second quarter of 2025, a decline of 12.06 percent, according to 24HMoney.

The six-month picture was steadier. First-half profit before tax reached VND 10.735 trillion, up 0.40 percent from the year-earlier period, while provisions in the second quarter increased to VND 1.060 trillion. CafeF reported that VDSC cut its 2026 profit forecast by 6.00 percent to VND 22.845 trillion and reduced its net interest margin forecast to 2.96 percent.

Stock stays inside its 52-week range

ACB traded between VND 20,550.00 and VND 20,750.00 during the October 16, 2026 session, with volume of 5,160,300 shares. Its 52-week range was VND 18,700.00 to VND 23,750.00, putting the price 10.16 percent above the low and 13.26 percent below the high.

Valuation remains measurable

The bank had a market capitalization of VND 119.571 trillion, a P/E ratio of 7.69 and a dividend yield of 3.40 percent, based on figures published by Investing.com. ACB is listed on HOSE under ticker ACB.VN, according to Global Banking and Finance Review.

Trading position for investors

The combination of a VND 25,500.00 analyst target, a VND 20,600.00 market price and a 3.40 percent dividend yield gives the stock a clearly defined valuation frame. The weaker second-quarter net income figure and higher provisions remain the main counterweight to the target.

Market context: Current market reports.

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