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Company
Logo VCB

VCB

Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) officially came into operation on April 1, 1963. As the first state-owned commercial bank selected by the Government to pilot equitization, the Bank for Foreign Trade of Vietnam officially operated as a Joint Stock Commercial Bank from June 2, 2008 after successfully implementing the equitization plan through the issuance of initial public offering shares. VCB has officially listed and traded on the Ho Chi Minh Stock Exchange since 2009.

Quick Take

VCB currently has a market capitalization of roughly VND 451.206 billion, placing it in the large-cap group on the Vietnamese stock market. Its current P/E of 12,6x is 18% below its own 8-year average (15,2x), suggesting the stock is trading cheaper than its historical norm. P/B stands at 1,9x, 35% below its multi-year average of 3x. Return on equity (ROE) is at 16,3%. On asset quality, the non-performing loan (NPL) ratio is 0,6%, with loan-loss coverage at 253,4%. In 2025, revenue grew 6% year-on-year while after-tax profit grew 4%.

This note is generated automatically from the stock's real financial data, for reference only — not investment advice.

Revenue & Profit

Unit: VND billion. Growth (%) vs. previous period.

Market Cap

Unit: VND billion. Year-end values; current year uses latest session.

Equity / Assets

Unit: %. Bank capital-adequacy proxy (VNDirect doesn't publish CAR, so Equity/Total Assets is used instead).

NPL Ratio

Unit: %. Group 3-5 loans over total outstanding loans, trailing 4 quarters.

NPL Coverage Ratio

Unit: %. Loan loss reserves over total NPLs, trailing 4 quarters.

Data aggregated from cafef.vn and VNDirect, for reference only, not investment advice.