With this figure, Techcombank Securities Joint Stock Company (TCBS) currently holds the largest outstanding loan balance in the industry. According to the Q3 financial report, 99% of this outstanding balance, nearly 54,400 billion VND, is allocated to margin lending activities by TCBS.

Lending was also a primary growth driver for TCBS in Q3, accounting for 44% of its revenue, or 1,561 billion VND, a nearly 54% improvement compared to last year. The company's second-largest revenue source was underwriting and securities issuance agency services, which reached 737 billion VND. Currently, TCBS holds the largest market share in corporate bond issuance, with approximately 46%.

In total, TCBS generated 3,534 billion VND in revenue, an increase of nearly 12% compared to the same period last year. After deducting expenses, the company's pre-tax profit was 2,152 billion VND, up 6,3% year-on-year and its highest ever.

For the cumulative nine-month period, TCBS achieved 5,708 billion VND in pre-tax profit, a 13% increase over the same period in 2025, completing 76% of its annual plan. Operating revenue exceeded 10,000 billion VND, improving by 28%.

As of 30/9, TCBS's total assets reached nearly 97,000 billion VND, a 20% increase from the end of last year. Owner's equity exceeded 47,400 billion VND. Consequently, the company's margin lending to owner's equity ratio stood at 1,15 times, which is below the regulatory limit of two times.

TCBS is a subsidiary of Techcombank, with the bank holding nearly 80% ownership. The firm currently leads the securities industry in terms of charter capital, outstanding margin loans, and market capitalization.

Trong Hieu