
Tien Phong Commercial Joint Stock Bank (TPB) was established in 2008. TPB inherits solid strength from strategic shareholders including Doji Gold and Gemstone Group, FPT Technology Group, Vietnam National Reinsurance Corporation, SBI Ven Holding Pte.Ltd Financial Group (Singapore), IFC International Finance Company (under the World Bank) and PYN Elite Fund. TPBank is the first bank in Vietnam to simultaneously meet Basel III and IFRS 9 in 2021. Moody's international credit rating organization maintains a B1 credit rating, BCA credit rating and raises the credit outlook from "stable" to "positive" - the highest rating in the Vietnamese banking system. TPB has been listed and traded on the Ho Chi Minh Stock Exchange (hose) since 2018.
TPB currently has a market capitalization of roughly VND 38.559 billion, placing it in the large-cap group on the Vietnamese stock market. Its current P/E of 5,2x is 33% below its own 8-year average (7,8x), suggesting the stock is trading cheaper than its historical norm. P/B stands at 0,9x, 36% below its multi-year average of 1,4x. Return on equity (ROE) is at 17,4%, down from 18,4% the year before. On asset quality, the non-performing loan (NPL) ratio is 2,2%, with loan-loss coverage at 58,4%. In 2025, revenue grew 5% year-on-year while after-tax profit grew 22%.
This note is generated automatically from the stock's real financial data, for reference only — not investment advice.
Unit: VND billion. Growth (%) vs. previous period.
Unit: VND billion. Year-end values; current year uses latest session.
Unit: %. Bank capital-adequacy proxy (VNDirect doesn't publish CAR, so Equity/Total Assets is used instead).
Unit: %. Group 3-5 loans over total outstanding loans, trailing 4 quarters.
Unit: %. Loan loss reserves over total NPLs, trailing 4 quarters.
Data aggregated from cafef.vn and VNDirect, for reference only, not investment advice.