Customers conduct transactions at an HDBank branch in HCM City. — Photo courtesy of the bank

HCM CITY — The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, stock code HDB) reported consolidated pre-tax profit of VNĐ14.8 trillion (US$562.4 million) for the first nine months of 2025, a 17 per cent increase from the same period last year.

Profitability indicators remained among the highest in the banking sector, with return on equity (ROE) at 25.2 per cent and return on assets (ROA) at 2.1 per cent, reflecting strong operational efficiency and a solid financial foundation.

As of September 30, 2025, HDBank’s total assets reached VNĐ782 trillion ($29.7 billion), up 12.1 per cent from the beginning of the year. Credit balance grew by 22.6 per cent, with lending focused on priority sectors and essential business and production activities. The standalone non-performing loan (NPL) ratio was 1.97 per cent, while the capital adequacy ratio (CAR) under Basel II stood at 15 per cent, among the highest in the industry.

Non-interest income (NOII) reached VNĐ5.37 trillion, surging by 178.6 per cent year-on-year, driven by the bank’s strategic focus on income diversification and digitalisation.

Transactions via digital channels rose by 47 per cent, accounting for 94 per cent of total retail transactions. This helped optimise the cost-to-income ratio (CIR) to 25.7 per cent, one of the lowest across the sector. HDBank currently serves over 20 million customers, affirming its position as a modern, customer-centric bank committed to sustainable growth.

Its subsidiaries and affiliates also recorded positive results.

HD SAISON reported a profit of VNĐ1.1 trillion ($41.8 million) and an ROE of 24.4 per cent, maintaining its leading position in consumer finance.

HD Securities achieved a profit of VNĐ614 billion ($23.3 million), up 30 per cent year-on-year, and continued to rank among the top in ROE within the securities sector.

Vikki Bank became profitable after seven months of transition, attracting over 1.3 million new customers and launching the innovative Vikki Café model – a new-generation experience branch.

HDBank leaders visit and hold a working session with the London Stock Exchange. — Photo courtesy of the bank

Significantly, HDBank plans to seek shareholder approval for a total 30 per cent dividend and bonus share distribution for 2025 (including a 25 per cent stock dividend and 5 per cent bonus shares), in line with the bank’s long-standing commitment of sustained high dividend distribution.

Following the amendment of Decree 69, HDBank’s foreign ownership limit has been raised to 49 per cent, enhancing its ability to attract foreign investment and strengthening stock liquidity.

During the official visit of General Secretary Tô Lâm to the United Kingdom of Great Britain and Northern Ireland, the London Stock Exchange (LSE) held discussions on a Memorandum of Understanding (MoU) to establish a framework for cooperation and support for HDBank. The initiative aims to promote listing opportunities and international capital mobilisation for HDBank, its subsidiaries and clients, as well as to expand promotion and access to global investors through the London capital market.

With strong profitability, an attractive dividend policy, and clear strategies for digital transformation and international integration, HDBank is well positioned to sustain double-digit growth and reinforce its standing among the most high-performing and profitable banks in Việt Nam. — VNS