- Military Bank reported a net income of 6.3 trillion dong for the fourth quarter, marking a 26% increase compared to the previous year.
- The profit after tax for the year 2024 was reported as 23 trillion dong.
- Fourth quarter net interest income increased to 11.1 trillion dong from 9.2 trillion dong in the same period in 2023.
- The net interest income for the full year 2024 was 41.15 trillion dong, up from 38.7 trillion dong in 2023.
- Total assets surged to 1,128 trillion dong as of December 31, 2024, compared to 944.9 trillion dong at the end of 2023.
- There were 14 buy ratings, 1 hold, and no sell ratings from analysts during the period.
- All comparisons are based on the company’s original disclosed values.
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A look at Military Commercial Joint Stock Bank Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
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 has a promising long-term outlook. With a strong score of 4 in Growth and Momentum, the bank appears to be focused on expanding its operations and maintaining a positive trajectory in the market. Additionally, the value score of 3 suggests that investors may find the company to be reasonably priced compared to its intrinsic value. However, with lower scores in Dividend and Resilience at 2, investors should consider the potential risks and the bank’s ability to withstand market challenges.
Military Commercial Joint Stock Bank is a commercial bank that offers a range of banking services including personal, corporate, financial, and e-banking services. Services provided by the bank include savings accounts, money lending, money transfers, foreign exchange, and money markets. Overall, the bank’s Smart Scores indicate a mixed outlook, emphasizing growth and momentum while highlighting potential areas of improvement in terms of dividends and resilience.
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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