VCB_4Q22 prelim results

VCB reported that its 2022 preliminary parent-level PBT grew by +39% YoY, completing 119% of the bank’s full-year guidance. These disclosures imply 2022 parent-level PBT of VND36.9 tn and 4Q22 PBT of approximately VND12.5 tn (+68% QoQ/+58% YoY). The increase was mainly driven by strong credit growth.

For the complete report, please access here: VCB_4Q22_Prelim Results highlights

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