Under the plan, investors participating in the initial public offering (IPO) will not face transfer restrictions on their shares. The company also expects to list on the HoSE immediately after completing the offering.

If the IPO is successful, LPBS's charter capital is projected to increase to 14,086 billion dong, while its equity will approach 18,000 billion dong. Post-IPO, the company's leverage ratio is projected at 1,6 times, lower than the industry average of about 2,4 times. With this scale, LPBS aims to join the top 6 securities firms by market capitalization after listing.

LPBS is the first securities company to announce an IPO plan this year. A company representative stated the offering is a strategic move to enhance financial capacity, invest in technology, expand operations, and strengthen its position in the Vietnam stock market.

LPBS leadership at the IPO announcement event. Photo: LPBank

From 2023 to 2025, the company recorded robust growth in its operational scale. By the end of 2025, LPBS's total assets reached nearly 30,000 billion dong, an increase of almost 500% year-on-year. Assets under management (AUM) reached nearly 72,000 billion dong. LPBS's revenue and profit in 2025 also grew significantly, reaching 1,687 billion dong and over 522 billion dong respectively, an increase of nearly 775% and over 550% compared to the previous year.

LPBS revenue and profit grew strongly from 2023 to 2025. Photo: LPBS

A company representative highlighted capital management capability as a key aspect of LPBS's development strategy. Despite rapid growth, the company maintains a safe, stable balance sheet structure, optimizing capital utilization efficiency across market cycles.

LPBS also implements a diversified asset allocation strategy to increase liquidity buffers and enhance responsiveness to market fluctuations. This proactive risk management approach helps the company mitigate impacts from economic cycles, thereby sustaining long-term growth.

According to a credit rating report from VIS Rating, LPBS received an A- rating with a stable outlook, reflecting the company's liquidity, capital quality, and access to funding.

LPBS aims to increase total assets in 2026 to 40,347 billion dong. Photo: LPBS

For 2026, the company targets revenue of 3,800 billion dong, a 125% increase compared to 2025. Pre-tax profit is projected to reach 1,700 billion dong, an increase of approximately 160%. According to the company, this growth rate significantly surpasses the average growth rate of the securities industry.

LPBS has set three key objectives for the next phase: maintaining a leading growth rate in the industry, aggressively developing digital channels, and aiming to be among the top 5 securities firms with the highest return on equity (ROE) in the market.

To achieve these objectives, the company will continue to advance technology development, while focusing on core business segments such as: margin lending, financial investments, and capital trading.

Established in 2009, LPBS currently boasts equity of over 13,000 billion dong. The firm positions itself as a new-generation financial institution, offering comprehensive financial solutions that simplify investment, enabling all clients to easily access capital markets and participate in the long-term growth of the economy.

Minh Ngoc