STB_2Q23 results highlights

STB reported preliminary 2Q23 PATMI of VND1.9 tn (+1% QoQ/+139% YoY), fulfilling 50% of the bank’s full-year target and 76% of our forecast. The YoY strong increase was driven primarily by high net interest income.

For the complete report, please access here: STB_2Q23_Results highlights

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