External broker reports(aggregated public sources), Rong Viet Securities

Rong Viet Securities

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External broker reports(aggregated public sources)

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Equity Bottom-Up

<ul><li>Q4-FY25 pre-tax profit rose 43% YoY, bringing full-year growth to 18% YoY.</li><li>Key drivers included: lower provisioning costs (-11% YoY), stronger bad debt recovery (3x the previous quarter and 2x the same period last year), and a positive NIM recovery (+40 bps QoQ and +5 bps YoY) as credit supply tightened —many other banks having reached their maximum credit growth limits.</li><li>Net interest income grew 23% YoY, offsetting declines in service income (-9% YoY), FX income (-57% YoY), and investment securities trading income (-75% YoY).</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Q4-FY25 pre-tax profit rose 43% YoY, bringing full-year growth to 18% YoY.Key drivers included: lower provisioning costs (-11% YoY), stronger bad debt recovery (3x the previous quarter and 2x the same period last year), and a positive NIM recovery (+40 bps QoQ and +5 bps YoY) as credit supply tightened —many other banks having reached their maximum credit growth limits.Net interest income grew 23% YoY, offsetting declines in service income (-9% YoY), FX income (-57% YoY), and investment securities trading income (-75% YoY).Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

BID - NIM Expected to Recover Strongly from Trough, Driving Robust Growth

BIDV

BID - NIM Expected to Recover Strongly from Trough, Driving Robust Growth