HDB_2Q24 earnings results

HDB posted 2Q24 PATMI of VND3.1 tn (flat QoQ/+44% YoY), fulfilling 47% of our 2024E forecast. The strong YoY increase was attributable to strong net-interest income (net-II) and lowered provisioning.

For the complete report, please access here: HDB_2Q24_Results highlights

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