VCB_3Q23 results highlights

VCB’s 3Q23 PATMI reached VND7.3 tn (-2% QoQ / but +20% YoY). The YoY increase was driven largely by lower provisioning. 9M23 PATMI was VND23.7 tn (+19% YoY), completing 66% of our forecast.

For the complete report, please access here: VCB_3Q23_Results Highlights

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