MILITARY COMMERCIAL JOINT (MBB) Q2 2026 earnings summary

Executive summary

• Total consolidated assets reached VND 1,733,013 billion as of June 30, 2026, up from VND 1,615,764 billion at year-end 2025, reflecting robust growth in lending and investment securities.

• Consolidated profit after tax for H1 2026 was VND 16,148 billion, a 29.7% increase year-over-year, driven by higher net interest income and controlled credit costs.

• Basic earnings per share for H1 2026 was VND 1,955, up from VND 1,545 in H1 2025.

Financial highlights

• Net interest income for H1 2026 was VND 31,807 billion, up 32.2% year-over-year.

• Net fee and commission income reached VND 3,514 billion, up 11.5% year-over-year.

• Provision expenses for credit losses were VND 7,702 billion, nearly flat year-over-year.

• Profit before tax for H1 2026 was VND 20,188 billion, up 27% year-over-year.

• Customer deposits increased to VND 963,815 billion from VND 921,368 billion at year-end 2025.

Outlook and guidance

• Management continues to focus on expanding lending, maintaining asset quality, and diversifying income streams.

• Risk management policies emphasize credit quality, liquidity, and market risk controls.