MB Securities (MBS) second-quarter financial report shows that as of 30/6, the outstanding loan balance reached 12,795 billion VND, an increase of nearly 25% compared to the beginning of the year and a record high. Margin lending accounted for 98% of this figure.
In quarter II, MBS earned 309 billion VND in interest from the aforementioned activity, an 18.3% increase compared to the same period last year, accounting for 39% of operating revenue.
Margin trading involves securities companies lending to investors to buy stocks and bonds. According to regulations, a company's total outstanding debt cannot exceed 220% of its equity. This ratio for MBS is currently 174%.
Regarding business results, MBS recorded operating revenue of 792 billion VND, a 10% decrease compared to the same period last year. However, the company's operating expenses decreased by 36% to 282 billion VND.
As a result, the company reported a pre-tax profit of 273 billion VND, a 1% increase compared to last year. In the last quarter, MBS held a 5.39% brokerage market share on the Ho Chi Minh City Stock Exchange (HoSE), ranking 7th in the industry.
In the first half of 2025, the company's operating revenue reached 1,461 billion VND, a 6% decrease compared to the same period last year. However, pre-tax profit still increased by 22% to 611 billion VND thanks to reduced expenses.
In 2025, the company aims for total revenue of 3,370 billion VND and pre-tax profit of 1,300 billion VND, an increase of 8% and 40% respectively compared to last year. Thus, after six months, MBS has completed 47% of its profit plan for the entire year.
Trong Hieu