STB [OUTPERFORM +13.1%] - Short-Term Restructuring Pain; Major One-Off Gain in 2027F - Update
We decrease our target price (TP) for STB by 11.2% to VND55,400/share and maintain our OUTPERFORM rating as STB’s share price has decreased 19.6%...
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STB [OUTPERFORM +13.1%] - Short-Term Restructuring Pain; Major One-Off Gain in 2027F
We decrease our target price (TP) for STB by 11.2% to VND55,400/share and maintain our OUTPERFORM rating as STB’s share price has decreased 19.6%...
173 Views
Sai Gon Thuong Tin JSCB (STB VN/Hold/TP: VND58,300) - Streamlining for the next growth phase
Credit growth is projected at 16% in 2025 (vs. 11.7% in 2024), supported by recovery in real estate, wholesale, and manufacturing sectors. NIM is...
397 Views
Sacombank (STB) - Stronger Credit Growth in New Growth Cycle - Update
We increase our target price (TP) for STB by 22.6% to VND62,400/share but downgrade our rating to OUTPERFORM from BUY as STB’s share price has...
311 Views
Sai Gon Thuong Tin CJSB (STB VN) - Approaching a Turning Point
FY24 impressive PBT growth: The PBT of Sacombank (STB) surged 32.6% YoY in FY24, supported by: 1) lower provisioning (VND1,974bn; -46.5% YoY)
364 Views