AsemconnectVietnam - Loc Phat Vietnam Commercial Joint Stock Bank (LPBank, HOSE: LPB) plans to present to its Annual General Meeting of Shareholders a pre-tax profit plan of VND14,982 billion, a 5% increase compared to 2025, and total assets of VND615,600 billion, a 1.6% increase.

Market 1 credit is expected to increase by 11.7% to VND437,581 billion in 2026, while market 1 deposits will be adjusted to match the actual credit growth rate and market conditions.
LPBank's Board of Directors has identified 2026 as a pivotal year, aiming to become the top-ranked retail bank in rural and second-tier urban areas on a digital platform, while also being among the top 5 preferred banking services in major cities. Simultaneously, the bank will focus on diversifying revenue sources by increasing non-interest income through the development of digital banking, payment services, and cross-selling insurance.
Notably, LPBank approved its highest-ever cash dividend payout plan at 30% for the 2025 fiscal year, equivalent to VND3,000 per share. This significantly exceeds the 25% dividend paid in the 2024 fiscal year.
Regarding business results for 2025, pre-tax profit is projected to reach VND14,269 billion, a 17% increase compared to 2024 and the highest level in the bank's history. Notably, in the fourth quarter of 2025 alone, LPBank recorded pre-tax profit of VND4,657 billion, a 35% increase compared to the third quarter and nearly a 40% increase compared to the same period last year. The full-year results achieved 96% of the plan set at the 2025 shareholders' meeting.
Total assets increased by 19% to VND605,585 billion, exceeding the plan by 15%. Market 1 credit increased by 18% to VND391,746 billion, reaching 102% of the plan, while market 1 deposits reached VND401,680 billion, also increasing by 19%. Significantly, retail loan balances increased by 20% compared to the end of 2024, higher than the overall credit growth rate of the entire industry, reflecting the tangible results of the retail strategy pursued by the bank.
Profitability indicators continue to be among the industry leaders. ROE reached 25.2%, ranking second in the industry; ROA reached 2.05%, ranking fourth in the industry. Net interest margin (NIM) improved to 3.6% in Q4, up 0.3 percentage points from Q3 thanks to optimized loan portfolio structure and cost of capital. The cost-to-income ratio (CIR) was controlled at 28.3%, down 1 percentage point year-on-year and among the lowest in the industry.
Regarding income structure, the proportion of non-interest income to total operating income (TOI) increased to 27% in 2025, compared to 22% in 2024, driven by a 151% increase in off-balance sheet debt recovery and a 54% increase in foreign exchange and securities trading. Asset quality was controlled with a non-performing loan ratio of 1.68%. This year also marks LPBank's milestone of 5 million customers, signifying a shift to the accelerated retail banking phase in its 2026-2030 strategy.
N.Nga
Source: VITIC/Tinnhanhchungkhoan