Earnings Alerts

Military Commercial Joint Stock Bank (MBB) Earnings: 1Q Net Income Soars 47% to 6.6 Trillion Dong

  • Military Bank’s first-quarter net income rose to 6.6 trillion dong, marking a 47% increase compared to the previous year.
  • Total assets reached 1,156 trillion dong as of March 31, an increase from 1,128 trillion dong at the end of the previous year.
  • The bank’s total operating income for the first quarter was 15.3 trillion dong, up from 12 trillion dong during the same period last year.
  • There are 15 “buy” recommendations for Military Bank, with no “hold” or “sell” recommendations.

A look at Military Commercial Joint Stock Bank Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Military Commercial Joint Stock Bank shows a promising long-term outlook. With a strong momentum score of 5, the bank is demonstrating positive growth potential. Additionally, scoring high in growth at 4, emphasizes the company’s capacity for expansion and development in the future. This indicates that Military Commercial Joint Stock Bank is well-positioned to capitalize on upcoming opportunities in the market.

Furthermore, with solid resilience and value scores of 3 each, the bank is equipped to withstand economic challenges and offers value to its investors. Although the dividend score is moderate at 2, the overall outlook for Military Commercial Joint Stock Bank appears optimistic, especially with its focus on personal, corporate, financial banking, and e-banking services, making it a versatile player in the banking industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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