- Vietcombank‘s profit after tax for the fourth quarter of 2024 was 8.6 trillion dong, reflecting an 8.5% decrease compared to the 9.4 trillion dong in the fourth quarter of 2023.
- For the full year 2024, Vietcombank‘s profit after tax was 33.9 trillion dong.
- The earnings per share (EPS) for 2024 increased to 6,053 dong, up from 5,462 dong in 2023.
- In the fourth quarter of 2024, Vietcombank‘s net interest income rose to 13.8 trillion dong, compared to 12.79 trillion dong during the same period in 2023.
- Throughout 2024, the net interest income increased to 55.4 trillion dong, going up from 53.6 trillion dong in 2023.
- The company has received 16 buy recommendations, 1 hold recommendation, and 0 sell recommendations.
“`
A look at Vietcombank Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.6 |
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
When looking at the long-term outlook for Vietcombank, an analysis of its Smart Scores reveals a mixed picture. While the company scores well in growth and momentum, with a rating of 4 in both categories, indicating strong potential for future expansion and market performance, other areas show room for improvement. Vietcombank‘s value and resilience scores come in at 2, suggesting that there may be challenges in terms of financial strength and stability. The dividend score of 1 also indicates that the company may not be providing significant returns to shareholders in the near future.
Overall, despite its strengths in growth and momentum, Vietcombank may need to focus on enhancing its value, resilience, and dividend offerings to ensure a more balanced and sustainable long-term outlook. As a commercial bank attracting deposits, offering various loan services, and operating in foreign exchange and credit cards, Vietcombank plays a crucial role in the Vietnamese financial sector.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
