According to the bank's recently released semi-annual business report, pre-tax profit and total assets increased by 12% and 18% respectively compared to the same period last year. Total assets surpassed 428,600 billion VND, achieving 95% of the annual plan. The bank's outstanding credit balance reached nearly 293,500 billion VND, equivalent to 93% of the annual plan, a year-on-year increase of over 31%. Customer loans reached over 285,500 billion VND, a nearly 14% increase compared to the end of 2024. Credit growth stood at 11.7%, focusing on retail, real estate, and consumer finance.

TPBank staff. Photo: TPBank

TPBank staff. Photo: TPBank

The loan-to-deposit ratio (LDR) was maintained at 77%. The capital adequacy ratio (CAR) exceeded 12%, surpassing the minimum requirement set by the State Bank of Vietnam. The bank also kept its non-performing loan ratio below the regulatory threshold.

Continuing the growth momentum in credit activities, the bank's total deposits in the first half of the year reached nearly 377,500 billion VND, a 19% increase compared to the same period last year. Notably, the ratio of non-term deposits (CASA) rose to nearly 23%.

According to VCBS, the digital transformation process has helped the bank maintain a stable CASA ratio and improve operational efficiency. Meanwhile, MBS Research notes that TPBank holds a significant advantage in digital banking due to its modern technology, strong reach among young customers, and clear positioning in the retail segment.

The bank focuses on promoting digital financial services. Photo: TPBank

The bank focuses on promoting digital financial services. Photo: TPBank

In addition to expanding its scale, the bank has also focused on diversifying revenue streams, reducing reliance on credit, and increasing non-interest income, particularly from digital financial services and value-added products. The bank's total operating income in the first six months reached over 9,100 billion VND, of which service revenue accounted for 21%, equivalent to about 1,900 billion VND, a year-on-year increase of over 14%.

On the stock market, shares of the "purple bank" have increased by over 35% from their April low, currently trading around 14,900 VND (closing on 17/7), with a P/B ratio of nearly 1 – lower than the average for private banks.

On July 9, TPB saw a ceiling increase of 6.79%, with over 62 million shares traded, equivalent to over 900 billion VND, the highest trading volume and value in over three months. TPB shares have also seen net buying by foreign investors of over 28 million units since the beginning of July, equivalent to over 400 billion VND, placing it among the most actively bought bank stocks by foreign investors recently.

TPBank has also attracted investor attention due to its stable dividend policy. In Quarter II, the bank paid a 10% cash dividend and approved a plan to issue over 132 million shares for a 5% stock dividend, expected to increase its charter capital to over 27,740 billion VND. The dividend payment is sourced from undistributed profits.

Minh Ngoc