HDB

BankBanking

Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank)

Original Name: Ngân hàng TMCP Phát triển T.P Hồ Chí Minh

Reference Price26.400 ₫

Interactive Stock Chart

Exchange Ticker: HDB

Listing Information

Exchange MarketHOSE

Live SectorBanking

First Trading Date05/01/2018

First Close Price₫39,600

Capital Structure

Charter Capital46,359.71 Billion VND

Listed Shares5,005,276,323

Outstanding Shares5,005,276,323

Treasury Shares-

Professional Advisors & Auditors

Independent Auditing History

Fiscal Year	Auditing Organization
2025	Deloitte Vietnam Co., Ltd.
2024	PwC Vietnam Co., Ltd.
2023	PwC Vietnam Co., Ltd.
2020	EY Vietnam Co., Ltd.
2019	EY Vietnam Co., Ltd.
2018	EY Vietnam Co., Ltd.
2017	KPMG Vietnam Co., Ltd.
2016	KPMG Vietnam Co., Ltd.

IPO & Listing Consultant

Securities SSI JSCListing Ticker Symbol: SSI

Detailed Corporate Timeline & Sectors

>Development

In 1989: HDBank was established as Ho Chi Minh City Housing Development Bank.
In 2011: The bank officially changed its name to Ho Chi Minh City Development Joint Stock Commercial Bank as it is today.
Year 2013:

- HDBank acquired Sociétée Générale Viet Finance Consumer Finance Company Limited (SGVF), a 100% subsidiary of Société Générale group (French Republic). SGVF was renamed to HDFinance.

- The bank carries out the merger of Dai A Commercial Joint Stock Bank.

In 2015: HDBank was first rated B2 by the international credit rating agency Moody's.
Year 2016:

- HDBank transferred 49% of capital in HDFinance to partner Credit Saison (Japan) and the Company was renamed HD SAISON.

- Successful IPO and approval to list HDB shares at Ho Chi Minh City Stock Exchange (HOSE).

Year 2017

- HDBank expands its business network with 168 transaction points nationwide.

- The bank signed a strategic cooperation agreement with Cathay United Bank (China).

Year 2018:

- HDBank's credit rating was upgraded to B1 by Moody's.

- The stock is officially traded on HOSE and is in the group of 20 largest capitalization stocks. Year 2020:

- HDBank received many noble awards and titles.

- Increased charter capital to more than 16,088 billion VND.

- Successfully issued 160 million USD of international bonds - the credit institution with the largest successful issuance volume of the year.

Year 2021:

- Increased charter capital to more than 20,073 billion VND.

- Successfully issued 165 million USD in international bonds.

- Moody's raised the outlook for HDBank's credit rating from stable to Positive.

Year 2022:

- Highest business results ever, joining the club of banks with pre-tax profits exceeding 10 trillion VND.

- As one of four healthy banks trusted by the Government and State Bank of Vietnam to choose to participate in the project to restructure the commercial banking system.

- Affirming brand reputation and position in the market with many prestigious domestic and international awards.

>Business Sectors:

Personal customer service

Individual mobilization
Loan products
Electronic banking service (Ebanking)
Collection service
Overseas service
Card products

Corporate customer service

Credit
Mobilization and services
Financial package

Address: Saigon Marina International Financial Center Tower - No. 2 Ton Duc Thang, Saigon Ward, Hanoi

Phone: +84-(08)-6291 5916 - Fax: +84-(08)-6291 5900

Disclosure Officer:

Email: [email protected]

Website: http://hdbank.com.vn

Ratio / Financial Indicator	2022	2023	2024	2025
Earnings Per Share (EPS)	₫1,640	₫2,065	₫2,647	₫3,411
Price-to-Earnings (P/E)	16.10x	12.78x	9.97x	7.74x
Book Value Per Share (BVPS)	₫83,167	₫120,336	₫139,326	₫186,024
Price-to-Book (P/B)	0.32x	0.22x	0.19x	0.14x
Return on Equity (ROE)	1.97%	1.72%	1.90%	1.83%
Return on Assets (ROA)	1.97%	1.72%	1.90%	1.83%
Net Profit Margin	45.58%	46.59%	42.93%	49.14%
Debt-to-Equity Ratio	0.00	-	0.00	0.00
Current Ratio	-	-	-	-

Audited Financial Statements

Source: KB Securities (KBS) Datafeed • Updated dynamically

Show absolute values (VND)

Thu nhập lãi thuầnNet interest income

+92.9% YoY

Lợi nhuận sau thuế (XI-XII)Net profit after tax

+108.0% YoY

TỔNG CỘNG TÀI SẢNTOTAL ASSETS

+123.7% YoY

Financial Indicator (VND)	2025	2024	2023	2022
1. Thu nhập lãi và các khoản thu nhập tương tự1. Interest income and similar income	67,992,416,000,000	57,995,528,000,000	52,640,577,000,000	33,323,404,000,000
2. Chi phí lãi và các chi phí tương tự2. Interest expense and similar expenses	33,246,226,000,000	27,138,452,000,000	30,456,603,000,000	15,311,836,000,000
I. Thu nhập lãi thuầnI. Net interest income	34,746,190,000,000	30,857,076,000,000	22,183,974,000,000	18,011,568,000,000
3. Thu nhập từ hoạt động dịch vụ3. Fee and commission income	5,697,854,000,000	3,295,623,000,000	2,830,168,000,000	3,308,455,000,000
4. Chi phí hoạt động dịch vụ4. Fee and commission expenses	1,571,814,000,000	1,879,045,000,000	642,366,000,000	351,637,000,000
II. Lãi/lỗ thuần từ hoạt động dịch vụII. Net fee and commission income	4,126,040,000,000	1,416,578,000,000	2,187,802,000,000	2,956,818,000,000
III. Lãi/lỗ thuần từ hoạt động kinh doanh ngoại hối và vàngIII. Net gain/(loss) from foreign currencies and gold trading	1,272,182,000,000	843,813,000,000	564,703,000,000	134,237,000,000
IV. Lãi/lỗ thuần từ mua bán chứng khoán kinh doanhIV. Net gain/(loss) from trading securities	639,460,000,000	68,929,000,000	41,723,000,000	16,986,000,000
V. Lãi/lỗ thuần từ mua bán chứng khoán đầu tưV. Net gain/(loss) from investment securities	855,910,000,000	68,253,000,000	1,167,005,000,000	312,620,000,000
5. Thu nhập từ hoạt động khác5. Other income	1,026,156,000,000	869,862,000,000	541,644,000,000	588,126,000,000
6. Chi phí hoạt động khác6. Other expenses	289,538,000,000	163,991,000,000	282,491,000,000	60,036,000,000
VI. Lãi/lỗ thuần từ hoạt động khácVI. Net other income	736,618,000,000	705,871,000,000	259,153,000,000	528,090,000,000
VII. Thu nhập từ góp vốn, mua cổ phầnVII. Income from capital contribution and long-term investments	319,472,000,000	71,664,000,000	9,325,000,000	6,785,000,000
VIII. Chi phí hoạt độngVIII. Operating expenses	11,600,987,000,000	11,980,755,000,000	9,129,202,000,000	8,630,709,000,000
IX. Lợi nhuận thuần từ hoạt động kinh doanh trước chi phí dự phòng rủi ro tín dụng (I+II+III+IV+V+VI+VII-VIII)IX. Operating profit before provision for credit losses	31,094,885,000,000	22,051,429,000,000	17,284,483,000,000	13,336,395,000,000
X. Chi phí dự phòng rủi ro tín dụngX. Provision for credit losses	9,748,394,000,000	5,321,434,000,000	4,267,751,000,000	3,068,339,000,000
XI. Tổng lợi nhuận trước thuế (IX-X)XI. Profit before tax	21,346,491,000,000	16,729,995,000,000	13,016,732,000,000	10,268,056,000,000
7. Chi phí thuế TNDN hiện hành7. Current corporate income tax expenses	4,189,679,000,000	3,561,555,000,000	2,724,629,000,000	2,091,986,000,000
8. Chi phí thuế TNDN hoãn lại8. Deferred income tax expenses (*)	83,190,000,000	-79,208,000,000	-43,910,000,000	-33,400,000,000
XII. Chi phí thuế TNDNXII. Corporate income tax	4,272,869,000,000	3,482,347,000,000	2,680,719,000,000	2,058,586,000,000
XIII. Lợi nhuận sau thuế (XI-XII)XIII. Net profit after tax	17,073,622,000,000	13,247,648,000,000	10,336,013,000,000	8,209,470,000,000
XIV. Lợi ích của cổ đông thiểu sốXIV. Minority interest	549,234,000,000	484,695,000,000	265,115,000,000	459,676,000,000
XV. Lợi nhuận sau thuế của cổ đông của Ngân hàng mẹ (XIII-XIV)XV. Net profit atttributable to the equity holders of the Bank	16,524,388,000,000	12,762,953,000,000	10,070,898,000,000	7,749,794,000,000
Lãi cơ bản trên cổ phiếu (BCTC) (VNÐ)Earning per share (VND)	3,461	3,671	3,482	3,081

Data Source & Disclaimer

Data Source: Financial statement data is automatically aggregated from official disclosure feeds of listed companies through the analysis system of KB Securities Vietnam JSC (KB Securities).

Disclaimer: All financial data displayed on this website is provided for general reference purposes only. We make every effort to update accurate data but do not provide any warranty regarding its completeness or absolute reliability. The displayed figures do not constitute investment advice or an offer to trade securities. Users assume all risks and responsibilities for any financial decisions made based on the data on this website.

HDB

Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank)

Interactive Stock Chart

Listing Information

Capital Structure

Professional Advisors & Auditors

Independent Auditing History

IPO & Listing Consultant

Detailed Corporate Timeline & Sectors

Key Financial Ratios (2025)

Historical Financial Metrics (YoY)

Financial Ratios Reference & Interpretation Guide

Audited Financial Statements

HDB — Financial Data Summary (2022–2025)

Executive Summary

Operating Performance & Profitability

Asset Structure & Financial Leverage

Cash Flow Quality