AsemconnectVietnam - According to information recently released by Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank, ticker STB - HOSE), the bank's consolidated pre-tax profit for 2025 reached VND7,628 billion, equivalent to 52% of the plan assigned by the General Shareholders' Meeting.

In terms of operational scale, by the end of 2025, Sacombank's total assets reached nearly VND918 trillion, an increase of nearly 23% compared to the beginning of the year. Total deposits reached over VND837 trillion, an increase of 24%, and total loans reached over VND626 trillion, an increase of 16%, affirming its position as a top bank in the system. The bank also continued to accelerate the recovery and resolution of outstanding debts totaling over VND16,000 billion, demonstrating that its ability to handle bad debts remains a strength despite the challenging real estate market.
Sacombank's consolidated total operating income (TOI) for the year reached nearly VND32,100 billion, a 12% increase compared to 2024. Of this, net interest income reached nearly VND26,700 billion, a 9% increase, continuing to be the main source of revenue; service activities, foreign exchange trading, and other activities recorded positive contributions, reflecting the effectiveness of the strategy of diversifying revenue sources and maintaining stability in core business operations. Operating expenses were at nearly VND13,100 billion, a decrease of nearly 7% compared to the previous year, and the CIR also decreased by 8% - to around 40%. As a result, pre-provision profit reached nearly VND19,000 billion, a 29% increase compared to the previous year, reflecting the continued stable growth of core business performance.
Consolidated pre-tax profit in 2025 reached VND7,628 billion, equivalent to 52% of the plan assigned by the Shareholders' Meeting. This result was mainly influenced by Sacombank's proactive and significant increase in credit risk provision expenses, with a total provision of over VND11,300 billion for the year. This reflects Sacombank's cautious and proactive risk management approach to enhance its defensive capabilities in the context of increasing market risks and to ensure proactive handling of non-performing assets. This is a strategic move, focusing on asset quality and sustainable development in the medium and long term, rather than just concentrating on short-term profit targets.
Previously, at the end of Q3/2025, Sacombank announced pre-tax profit of VND3,657 billion, a 32.9% increase compared to the same period last year. For the first nine months of 2025, the bank raised pre-tax profit to VND10,988 billion, a 36% increase compared to the same period.
Looking ahead to 2026, Sacombank affirms its commitment to pursuing a Safe - Efficient - Sustainable growth strategy, focusing on restructuring assets and capital, developing core business segments, optimizing operations, and effectively managing costs. The bank believes that the strengthened financial foundation during this period will create a solid basis for profit recovery and stable growth in the following years.
N.Nga
Source: VITIC/Tinnhanhchungkhoan