VCB – 1Q23 Results Highlights

VCB’s 1Q23 PATMI reached VND 9.0tn (-9% QoQ / +13% YoY), completing 26% of the bank’s full-year guidance and 23% of our forecast. The YoY increase was mainly driven by higher net interest income and lower provisioning.

For the complete report, please access here: VCB_1Q23_Results Highlights

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