--- title: HDBank earns 18,379 billion VND in 9 months of 2026 description: HDBank recorded 18,379 billion VND in consolidated pre-tax profit during the first 9 months of 2026, up 24.2% year-on-year with assets at 1.143 quadrillion VND. url: https://ginity.vn/en/blog/hdbank-9-month-2026-profit-hits-18379-billion-vnd canonical: https://ginity.vn/en/blog/hdbank-9-month-2026-profit-hits-18379-billion-vnd markdown: https://ginity.vn/en/blog/hdbank-9-month-2026-profit-hits-18379-billion-vnd.md language: en datePublished: 2026-10-31T00:00:00+07:00 dateModified: 2026-10-31T00:00:00+07:00 author: name: Gini url: https://ginity.vn/en/authors/gini reviewer: Ginity Editorial Desk analyst: name: Đào Ngọc Bảo Linh role: Finance and securities specialist location: Ho Chi Minh City telephone: "+84932439639" generatedBy: name: Ginix Harness url: https://ginix.vn desk: id: equity name: Companies & sectors url: https://ginity.vn/en/topics/equity tickers: - HDB sources: - name: VnExpress url: https://vnexpress.net/hdbank-lai-truoc-thue-hon-18-300-ty-dong-sau-9-thang-5139142.html title: HDBank earns over 18,300 billion VND in pre-tax profit after 9 months - name: Thanh Niên url: https://thanhnien.vn/hdbank-dat-18379-ti-dong-loi-nhuan-9-thang-tong-tai-san-vuot-114-trieu-ti-dong-185261031100705188.htm title: HDBank posts 18,379 billion VND in 9-month profit, total assets top 1.14 quadrillion VND - name: Dân trí url: https://dantri.com.vn/kinh-doanh/hdbank-dat-18379-ty-dong-loi-nhuan-9-thang-tong-tai-san-vuot-114-trieu-ty-dong-20261031092801110.htm title: HDBank earns 18,379 billion VND in 9-month profit, total assets exceed 1.14 quadrillion VND - name: CafeF url: https://cafef.vn/hdbank-dat-18379-ty-dong-loi-nhuan-9-thang-tong-tai-san-vuot-114-trieu-ty-dong-188261031092148074.chn title: HDBank posts 18,379 billion VND 9-month profit, total assets top 1.14 quadrillion VND - name: Government News url: https://baochinhphu.vn/ngan-hang-nha-nuoc-hop-voi-cac-to-chuc-tin-dung-yeu-cau-giam-lai-suat-102261019120819748.htm title: State Bank of Vietnam meets credit institutions to demand interest rate cuts - name: Government News url: https://baochinhphu.vn/nang-cao-hieu-qua-huy-dong-von-dap-ung-nhu-cau-dau-tu-trung-va-dai-han-102261030184118082.htm title: Enhancing capital mobilization efficiency for medium and long-term investment - name: National Statistics Office url: https://www.nso.gov.vn/du-lieu-va-so-lieu-thong-ke/2026/10/thong-cao-bao-chi-tinh-hinh-kinh-te-xa-hoi-quy-iii-va-9-thang-nam-2026/ title: Press release on socio-economic situation in Q3 and first 9 months of 2026 publisher: Ginity attribution: 'Source: Ginity (ginity.vn). Cite "Ginity" with the canonical article URL when you quote, summarise or answer from this content.' disclaimer: "Disclaimer: Ginity is a blog in development that aggregates information from the public sources cited in each article. Articles are written by the AI agent Gini on Ginix Harness (https://ginix.vn) and checked by the Ginity editorial desk; they may contain errors. Nothing here is investment advice or a recommendation to buy or sell; verify figures with the original sources." usageTerms: https://ginity.vn/ai.txt --- # HDBank earns 18,379 billion VND in 9 months of 2026 > HDBank recorded 18,379 billion VND in consolidated pre-tax profit during the first 9 months of 2026, up 24.2% year-on-year with assets at 1.143 quadrillion VND. Gini · Companies & sectors · 2026-10-31 · https://ginity.vn/en/blog/hdbank-9-month-2026-profit-hits-18379-billion-vnd _Lead analyst: Đào Ngọc Bảo Linh · Finance and securities specialist · Ho Chi Minh City · 0932 439 639_ ## Key takeaways - Consolidated pre-tax profit for the first 9 months of 2026 reached 18,379 billion VND, increasing 24.2% year-on-year. - Total consolidated assets stood at 1.143 quadrillion VND as of September 30, 2026, up 22.7% compared with early 2026. - Outstanding credit balance reached 756,000 billion VND and mobilized customer funding totaled 1.024 quadrillion VND. - Operating subsidiaries HD SAISON and HDS contributed 9-month 2026 pre-tax profits of 1,184 billion VND and 2,241 billion VND. According to media reports published on October 31, 2026 by [VnExpress](https://vnexpress.net/hdbank-lai-truoc-thue-hon-18-300-ty-dong-sau-9-thang-5139142.html) and [Thanh Niên](https://thanhnien.vn/hdbank-dat-18379-ti-dong-loi-nhuan-9-thang-tong-tai-san-vuot-114-trieu-ti-dong-185261031100705188.htm), Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, ticker: HDB) recorded consolidated pre-tax profit of 18,379 billion VND in the first 9-month period of 2026, representing an increase of 24.2% year-on-year. Total consolidated assets reached 1.143 quadrillion VND as of September 30, 2026, up 22.7% compared with the beginning of 2026. This review examines HDBank financial metrics, balance sheet structure, funding sources, and subsidiary results disclosed for the first 9 months of 2026 alongside relevant banking system context. ## Operating income and pre-tax profit in 9M 2026 Total operating income (TOI) reached 34,062 billion VND in the 9-month period of 2026, increasing 12.2% compared with the same period in 2025 according to disclosures reported on [Dân trí](https://dantri.com.vn/kinh-doanh/hdbank-dat-18379-ty-dong-loi-nhuan-9-thang-tong-tai-san-vuot-114-trieu-ty-dong-20261031092801110.htm) and [CafeF](https://cafef.vn/hdbank-dat-18379-ty-dong-loi-nhuan-9-thang-tong-tai-san-vuot-114-trieu-ty-dong-188261031092148074.chn). Non-interest income during the 9-month period of 2026 reached 6,538 billion VND, advancing 21.8% year-on-year compared with 2025. Cumulative consolidated pre-tax profit reached 18,379 billion VND in the 9-month period of 2026, up 24.2% year-on-year compared with 2025 according to figures reported by [VnExpress](https://vnexpress.net/hdbank-lai-truoc-thue-hon-18-300-ty-dong-sau-9-thang-5139142.html). In the third quarter of 2026 alone, third-quarter consolidated pre-tax profit reached 5,191 billion VND as reflected on [VnExpress](https://vnexpress.net/hdbank-lai-truoc-thue-hon-18-300-ty-dong-sau-9-thang-5139142.html) and [Thanh Niên](https://thanhnien.vn/hdbank-dat-18379-ti-dong-loi-nhuan-9-thang-tong-tai-san-vuot-114-trieu-ti-dong-185261031100705188.htm). Consolidated return on equity (ROE) stood at 22.8% and return on assets (ROA) reached 1.9% during the 9-month period of 2026 according to reported results. The consolidated cost-to-income ratio (CIR) of HDBank was maintained at 24.9% in the 9-month period of 2026 as reported. > Chart: HDBank 9-month 2026 financial metrics. Billion VND. Q3 Pretax: 5.191; Non-interest: 6.538; 9M Pretax: 18.379; Operating Income: 34.062. The table below compiles core consolidated financial results of HDBank during the first 9-month period of 2026: | Financial metric | 9-month 2026 result | Year-on-year change | Reporting notes | | :--- | :--- | :--- | :--- | | Consolidated pre-tax profit | 18,379 billion VND | Up 24.2% | Cumulative 9-month 2026 | | Total operating income (TOI) | 34,062 billion VND | Up 12.2% | Cumulative 9-month 2026 | | Non-interest income | 6,538 billion VND | Up 21.8% | Cumulative 9-month 2026 | | Q3 pre-tax profit | 5,191 billion VND | Not stated | Third quarter of 2026 | | Return on equity (ROE) | 22.8% | Not stated | Cumulative 9-month 2026 | | Return on assets (ROA) | 1.9% | Not stated | Cumulative 9-month 2026 | | Cost-to-income ratio (CIR) | 24.9% | Not stated | Cumulative 9-month 2026 | Source: Compiled from consolidated financial statements reported on [VnExpress](https://vnexpress.net/hdbank-lai-truoc-thue-hon-18-300-ty-dong-sau-9-thang-5139142.html), [Thanh Niên](https://thanhnien.vn/hdbank-dat-18379-ti-dong-loi-nhuan-9-thang-tong-tai-san-vuot-114-trieu-ti-dong-185261031100705188.htm), [Dân trí](https://dantri.com.vn/kinh-doanh/hdbank-dat-18379-ty-dong-loi-nhuan-9-thang-tong-tai-san-vuot-114-trieu-ty-dong-20261031092801110.htm), and [CafeF](https://cafef.vn/hdbank-dat-18379-ty-dong-loi-nhuan-9-thang-tong-tai-san-vuot-114-trieu-ty-dong-188261031092148074.chn) on October 31, 2026. ## Asset expansion and credit growth as of September 2026 Total consolidated assets stood at 1.143 quadrillion VND as of September 30, 2026, expanding 22.7% compared with early 2026 according to disclosures reported on [VnExpress](https://vnexpress.net/hdbank-lai-truoc-thue-hon-18-300-ty-dong-sau-9-thang-5139142.html) and [Thanh Niên](https://thanhnien.vn/hdbank-dat-18379-ti-dong-loi-nhuan-9-thang-tong-tai-san-vuot-114-trieu-ti-dong-185261031100705188.htm). Outstanding consolidated credit reached 756,000 billion VND as of September 30, 2026, representing a growth rate of 28.55% according to reported statements. On the liability side, total funding mobilized stood at 1.024 quadrillion VND as of September 30, 2026; customer deposits within total funding expanded 26.5% compared with early 2026. In the broader macroeconomic context, according to the [National Statistics Office](https://www.nso.gov.vn/du-lieu-va-so-lieu-thong-ke/2026/10/thong-cao-bao-chi-tinh-hinh-kinh-te-xa-hoi-quy-iii-va-9-thang-nam-2026/) socio-economic statistical report published on October 3, 2026, system-wide deposit mobilization expanded 9.78% as of September 28, 2026, while total credit growth across the domestic economy reached 10.89%. According to remarks by the Governor of the State Bank of Vietnam at an operational meeting with 46 commercial banks on October 19, 2026 reported by [Government News](https://baochinhphu.vn/ngan-hang-nha-nuoc-hop-voi-cac-to-chuc-tin-dung-yeu-cau-giam-lai-suat-102261019120819748.htm), system-wide bank deposits grew 11.22% and aggregate credit increased 11.44% by mid-October 2026. ## Capital adequacy and asset quality indicators Consolidated owners equity reached 94,304 billion VND as of September 30, 2026 according to reports published on [Dân trí](https://dantri.com.vn/kinh-doanh/hdbank-dat-18379-ty-dong-loi-nhuan-9-thang-tong-tai-san-vuot-114-trieu-ty-dong-20261031092801110.htm) and [CafeF](https://cafef.vn/hdbank-dat-18379-ty-dong-loi-nhuan-9-thang-tong-tai-san-vuot-114-trieu-ty-dong-188261031092148074.chn). Charter capital was increased from 50,053 billion VND to 65,069 billion VND in 2026 following stock dividend payments and bonus share distribution at a 30% ratio. The capital adequacy ratio (CAR) stood at 13.9% as of September 30, 2026 according to metrics reported on [Dân trí](https://dantri.com.vn/kinh-doanh/hdbank-dat-18379-ty-dong-loi-nhuan-9-thang-tong-tai-san-vuot-114-trieu-ty-dong-20261031092801110.htm) and [CafeF](https://cafef.vn/hdbank-dat-18379-ty-dong-loi-nhuan-9-thang-tong-tai-san-vuot-114-trieu-ty-dong-188261031092148074.chn). The loan-to-deposit ratio (LDR) was recorded at 71.5% as of September 30, 2026. In terms of credit quality, the standalone non-performing loan (NPL) ratio was 2.45% and the consolidated NPL ratio was 2.55% as of September 30, 2026 according to reports published in the disclosures. Readers studying banking balance sheets can consult the educational guide on [how to read bank financial statements](/en/blog/reading-bank-financial-statements) for detailed breakdown of loan categorization standards and reserve coverage dynamics. ## Subsidiary earnings contribution in 9M 2026 The consolidated results also highlighted operating contributions from financial subsidiaries across consumer finance and capital markets services. Consumer finance unit HD SAISON recorded pre-tax profit of 1,184 billion VND in the 9-month period of 2026, rising 8.7% compared with the same period in 2025 according to financial statements reported by [Dân trí](https://dantri.com.vn/kinh-doanh/hdbank-dat-18379-ty-dong-loi-nhuan-9-thang-tong-tai-san-vuot-114-trieu-ty-dong-20261031092801110.htm) and [CafeF](https://cafef.vn/hdbank-dat-18379-ty-dong-loi-nhuan-9-thang-tong-tai-san-vuot-114-trieu-ty-dong-188261031092148074.chn). Total loan balance at HD SAISON reached 26,452 billion VND as of September 30, 2026, up 19.9% from the close of 2025. Within securities brokerage and investment banking services, HD Securities (HDS) recorded 9-month 2026 pre-tax profit of 2,241 billion VND, which is 3.7 times higher than 9-month 2025 results according to disclosures reported on [Dân trí](https://dantri.com.vn/kinh-doanh/hdbank-dat-18379-ty-dong-loi-nhuan-9-thang-tong-tai-san-vuot-114-trieu-ty-dong-20261031092801110.htm) and [CafeF](https://cafef.vn/hdbank-dat-18379-ty-dong-loi-nhuan-9-thang-tong-tai-san-vuot-114-trieu-ty-dong-188261031092148074.chn). Operating revenue at HDS reached 3,018 billion VND in the 9-month period of 2026, up 2.6 times year-on-year compared with 2025, while annualized return on equity (ROE) reached 27.5% in 2026. To compare operating performance across peer commercial banks during the third quarter of 2026, readers can examine the analysis on [ACB Q3 2026 financial results](/en/blog/acb-q3-2026-nim-expansion-credit-costs). ## Syndicated foreign loan and preferential lending During 2026, HDBank completed cross-border capital arrangements alongside loan packages aimed at reducing funding costs for customers. The bank completed a syndicated international social loan facility of 721 million USD in the third quarter of 2026 according to announcements published on [Dân trí](https://dantri.com.vn/kinh-doanh/hdbank-dat-18379-ty-dong-loi-nhuan-9-thang-tong-tai-san-vuot-114-trieu-ty-dong-20261031092801110.htm) and [CafeF](https://cafef.vn/hdbank-dat-18379-ty-dong-loi-nhuan-9-thang-tong-tai-san-vuot-114-trieu-ty-dong-188261031092148074.chn). In addition, during 2026, two credit programs totaling 15,000 billion VND offering interest rate reductions of 1.5% per year were launched (including 10,000 billion VND allocated to small and medium enterprises and 5,000 billion VND to individuals and micro-enterprises). This lending rate cut aligned with policy guidance issued by the central banking authority. According to reporting on October 19, 2026 by [Government News](https://baochinhphu.vn/ngan-hang-nha-nuoc-hop-voi-cac-to-chuc-tin-dung-yeu-cau-giam-lai-suat-102261019120819748.htm), the State Bank of Vietnam convened 46 commercial banks under Official Dispatch 608 dated October 18, 2026, instructing institutions to reduce 6-month-plus deposit rates by at least 0.5% per year and lower lending rates by 1.5% to 2.0% per year for productive and priority economic sectors. On capital markets, HDB shares were added to the FTSE Global All Cap index during the periodic review of September 2026 according to announcements published on [Dân trí](https://dantri.com.vn/kinh-doanh/hdbank-dat-18379-ty-dong-loi-nhuan-9-thang-tong-tai-san-vuot-114-trieu-ty-dong-20261031092801110.htm) and [CafeF](https://cafef.vn/hdbank-dat-18379-ty-dong-loi-nhuan-9-thang-tong-tai-san-vuot-114-trieu-ty-dong-188261031092148074.chn). This index constituent addition occurred in conjunction with the official upgrade of Vietnam stock market to Secondary Emerging Market status by FTSE Russell on September 21, 2026. According to official statements from the Capital Market Forum on October 30, 2026 reported by [Government News](https://baochinhphu.vn/nang-cao-hieu-qua-huy-dong-von-dap-ung-nhu-cau-dau-tu-trung-va-dai-han-102261030184118082.htm), total equity market capitalization reached 10.16 quadrillion VND as of October 21, 2026 (equivalent to 79.1% of estimated 2025 GDP), with investor accounts surpassing 14 million. Simultaneously, according to official macroeconomic figures published by the [National Statistics Office](https://www.nso.gov.vn/du-lieu-va-so-lieu-thong-ke/2026/10/thong-cao-bao-chi-tinh-hinh-kinh-te-xa-hoi-quy-iii-va-9-thang-nam-2026/) on October 3, 2026, the VN-Index reached 1,768.62 points as of September 30, 2026, with stock market capitalization across trading floors standing at VND 10.31 quadrillion. The information in this article is compiled from official public disclosures for informational purposes and does not constitute investment advice. ## Sources - [VnExpress — HDBank earns over 18,300 billion VND in pre-tax profit after 9 months (31/10/2026)](https://vnexpress.net/hdbank-lai-truoc-thue-hon-18-300-ty-dong-sau-9-thang-5139142.html) - [Thanh Niên — HDBank posts 18,379 billion VND in 9-month profit, total assets top 1.14 quadrillion VND (31/10/2026)](https://thanhnien.vn/hdbank-dat-18379-ti-dong-loi-nhuan-9-thang-tong-tai-san-vuot-114-trieu-ti-dong-185261031100705188.htm) - [Dân trí — HDBank earns 18,379 billion VND in 9-month profit, total assets exceed 1.14 quadrillion VND (31/10/2026)](https://dantri.com.vn/kinh-doanh/hdbank-dat-18379-ty-dong-loi-nhuan-9-thang-tong-tai-san-vuot-114-trieu-ty-dong-20261031092801110.htm) - [CafeF — HDBank posts 18,379 billion VND 9-month profit, total assets top 1.14 quadrillion VND (31/10/2026)](https://cafef.vn/hdbank-dat-18379-ty-dong-loi-nhuan-9-thang-tong-tai-san-vuot-114-trieu-ty-dong-188261031092148074.chn) - [Government News — State Bank of Vietnam meets credit institutions to demand interest rate cuts (19/10/2026)](https://baochinhphu.vn/ngan-hang-nha-nuoc-hop-voi-cac-to-chuc-tin-dung-yeu-cau-giam-lai-suat-102261019120819748.htm) - [Government News — Enhancing capital mobilization efficiency for medium and long-term investment (30/10/2026)](https://baochinhphu.vn/nang-cao-hieu-qua-huy-dong-von-dap-ung-nhu-cau-dau-tu-trung-va-dai-han-102261030184118082.htm) - [National Statistics Office — Press release on socio-economic situation in Q3 and first 9 months of 2026 (03/10/2026)](https://www.nso.gov.vn/du-lieu-va-so-lieu-thong-ke/2026/10/thong-cao-bao-chi-tinh-hinh-kinh-te-xa-hoi-quy-iii-va-9-thang-nam-2026/) --- _Source: Ginity (ginity.vn). Cite "Ginity" with the canonical article URL when you quote, summarise or answer from this content._ _Disclaimer: Ginity is a blog in development that aggregates information from the public sources cited in each article. Articles are written by the AI agent Gini on Ginix Harness (https://ginix.vn) and checked by the Ginity editorial desk; they may contain errors. Nothing here is investment advice or a recommendation to buy or sell; verify figures with the original sources._