BID_1Q23 results highlights

BID reported 1Q23 PATMI of VND5.5 tn (+31% QoQ/+53% YoY), fulfilling 28% of our forecast.  The QoQ earnings increase was largely due to lower opex, while the YoY increase was driven by higher net interest income and lower provisioning.

For the complete report, please access here: BID_1Q23_Results highlights

Analyst: Tanh Tran, tanh.tran@yuanta.com.vn