Vietnamese banks achieve 13% pre-tax profit growth in Q1 2026 despite rising provisions
Figure 1. Key performance metrics of top 10 Vietnamese banks by pre-tax profit (Q1 2026)
Sector Pre-Impairment Profit Growth
+19.1%
Q1 2025: 3.8%
Sector Pre-Tax Profit Growth
+13.0%
Q1 2025: 14.2%
Sector NIM
2.9%
Q1 2025: 3.1%
Sector NPL Ratio
2.0%
Q1 2025: 2.1%
Note: Agribank has not yet released Q1 2026 financial results. Pre-tax profit in USD at Q1 2026 average exchange rates; growth rates in VND. NIM = net interest margin. Non-Interest Income = non-interest income as % of operating income. LDR = loan-to-deposit ratio. NPL = gross non-performing loan ratio. Red and green highlights indicate the highest and lowest values among peers for select metrics.
Source: TABInsights
Source: TABInsights