HDB_4Q24 analyst meeting takeaways | Yuanta Vietnam
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13/02/2025 - 11:23

HDB_4Q24 analyst meeting takeaways

HDB’s 4Q24 PATMI decreased by -9% QoQ/-7% YoY due to an increase in opex and provisioning.

But full-year PATMI jumped by +27% YoY, largely on strong net-II growth, to fulfill 98% of our forecast. HDSaison’s PBT reached VND1.2 tn (+84% YoY), contributing 7.2% to HDB’s consolidated PBT in 2024 (versus 5.1% in 2023). HDB targets 2025 PBT growth of 25% YoY.

For the full report, please access here: HDB_4Q24_Analyst Meeting

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