STB_1Q23 results highlights

STB reported 1Q23 PATMI of VND1.9 tn (+8% QoQ/+49% YoY), fulfilling 25% of the bank’s full-year target and 38% of our forecast. The YoY strong increase was driven primarily by high net interest income.

For the complete report, please access here: STB_1Q23_Results highlights

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