---
title: Vietcombank VietinBank Q3 2026 Profit Comparison
description: Vietcombank posted over 40,440 billion VND in 9 months while VietinBank earned 13,689 billion VND in Q3 2026 pre-tax profit per Vietstock and VietnamBiz.
url: https://ginity.vn/en/blog/vietcombank-vietinbank-q3-2026-earnings-race
canonical: https://ginity.vn/en/blog/vietcombank-vietinbank-q3-2026-earnings-race
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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:
  - VCB
  - CTG
sources:
  - name: Government Electronic Newspaper
    url: https://baochinhphu.vn/vietcombank-day-manh-trien-khai-chuong-trinh-tin-dung-thuc-day-san-xuat-kinh-doanh-va-cac-linh-vuc-uu-tien-102261030200524195.htm
    title: Vietcombank deploys credit programs promoting production, business and priority sectors
  - name: Government Electronic Newspaper
    url: https://baochinhphu.vn/nhnn-toc-do-tang-lai-suat-dang-cham-lai-102261007182510571.htm
    title: "State Bank of Vietnam: Interest rate increases are slowing down"
  - name: Vietstock
    url: https://vietstock.vn/2026/10/tang-trich-lap-du-phong-rui-ro-gap-8-lan-vietcombank-bao-lai-truoc-thue-quy-32026-di-ngang-737-1509726.htm
    title: Vietcombank reports flat Q3 2026 pre-tax profit as risk provisioning jumps nearly 8 times
  - name: VietnamBiz
    url: https://vietnambiz.vn/vietcombank-lai-hon-40400-ty-trong-9-thang-chi-phi-du-phong-gap-4-lan-cung-ky-2026103193224484.htm
    title: Vietcombank earns over 40,400 billion in 9 months as provisioning expenses quadruple
  - name: VietnamBiz
    url: https://vietnambiz.vn/vietinbank-vuot-vietcombank-vuon-len-dan-dau-loi-nhuan-quy-iii2026-20261031102916834.htm
    title: VietinBank surpasses Vietcombank to lead Q3 2026 profits
  - name: CafeF
    url: https://cafef.vn/cap-nhat-loi-nhuan-ngan-hang-toi-30-10-vietcombank-mb-vietinbank-bidv-eximbank-188261030182505541.chn
    title: "Bank profit updates to October 30: Vietcombank, MB, VietinBank, BIDV, Eximbank,..."
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
---

# Vietcombank VietinBank Q3 2026 Profit Comparison

> Vietcombank posted over 40,440 billion VND in 9 months while VietinBank earned 13,689 billion VND in Q3 2026 pre-tax profit per Vietstock and VietnamBiz.

Gini · Companies & sectors · 2026-10-31 · https://ginity.vn/en/blog/vietcombank-vietinbank-q3-2026-earnings-race

_Lead analyst: Đào Ngọc Bảo Linh · Finance and securities specialist · Ho Chi Minh City · 0932 439 639_

## Key takeaways

- Vietcombank recorded over 40,440 billion VND in 9-month 2026 pre-tax profit, up 22% year over year based on financial reports tracked by Vietstock and VietnamBiz.
- VietinBank recorded 39,557 billion VND in pre-tax earnings across 9 months of 2026 as documented on VietnamBiz, closely competing in earnings scale with Vietcombank.
- In Q3 2026 alone, VietinBank achieved 13,689 billion VND in pre-tax profit, advancing 29% year over year and surpassing the roughly 11,218 billion VND of Vietcombank according to VietnamBiz.
- System-wide credit growth reached 16.69% year over year by the end of September 2026, bringing outstanding credit to 20.75 million billion VND (20.75 quadrillion) per the Government Electronic Newspaper.

Third-quarter 2026 financial updates document the earnings race between listed commercial lenders Vietcombank and VietinBank. The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) and Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) both exceeded 39 trillion VND in cumulative 9-month pre-tax earnings in 2026, according to corporate filings tracked by [Vietstock](https://vietstock.vn/2026/10/tang-trich-lap-du-phong-rui-ro-gap-8-lan-vietcombank-bao-lai-truoc-thue-quy-32026-di-ngang-737-1509726.htm) and [VietnamBiz](https://vietnambiz.vn/vietinbank-vuot-vietcombank-vuon-len-dan-dau-loi-nhuan-quy-iii2026-20261031102916834.htm).

## Comparative Earnings Scale Over 9 Months

Financial disclosures published on October 30, 2026, on [Vietstock](https://vietstock.vn/2026/10/tang-trich-lap-du-phong-rui-ro-gap-8-lan-vietcombank-bao-lai-truoc-thue-quy-32026-di-ngang-737-1509726.htm) and on October 31, 2026, by [VietnamBiz](https://vietnambiz.vn/vietcombank-lai-hon-40400-ty-trong-9-thang-chi-phi-du-phong-gap-4-lan-cung-ky-2026103193224484.htm) indicate that Vietcombank generated cumulative pre-tax profit exceeding 40,440 billion VND across the first 9 months of 2026, an increase of 22% compared to the prior-year period. In Q3 2026 alone, Vietcombank recorded pre-tax profit of roughly 11,218 billion VND according to [Vietstock](https://vietstock.vn/2026/10/tang-trich-lap-du-phong-rui-ro-gap-8-lan-vietcombank-bao-lai-truoc-thue-quy-32026-di-ngang-737-1509726.htm), remaining flat relative to Q3 2025.

Financial results reported on October 31, 2026, by [VietnamBiz](https://vietnambiz.vn/vietinbank-vuot-vietcombank-vuon-len-dan-dau-loi-nhuan-quy-iii2026-20261031102916834.htm) show that VietinBank reached 39,557 billion VND in pre-tax earnings through 9 months of 2026.

To track periodic earnings dynamics across commercial lenders, financial analysts apply the standard profit growth rate formula:

$$\text{Earnings Growth Rate} = \frac{\text{Reporting Period Pre-Tax Profit} - \text{Prior-Year Pre-Tax Profit}}{\text{Prior-Year Pre-Tax Profit}} \times 100\%$$

Across the 9-month timeframe of 2026, Vietcombank expanded pre-tax profit by 22% year over year according to [Vietstock](https://vietstock.vn/2026/10/tang-trich-lap-du-phong-rui-ro-gap-8-lan-vietcombank-bao-lai-truoc-thue-quy-32026-di-ngang-737-1509726.htm), while VietinBank achieved a 29% pre-tax profit growth rate in the third quarter of 2026 according to [VietnamBiz](https://vietnambiz.vn/vietinbank-vuot-vietcombank-vuon-len-dan-dau-loi-nhuan-quy-iii2026-20261031102916834.htm).

> Chart: Vietcombank and VietinBank 9-Month 2026 Pre-Tax Profit Comparison. billion VND. Vietcombank: 40,440; VietinBank: 39,557.

## 9-Month 2026 Financial Metrics Comparison

The table below summarizes core earnings metrics for Vietcombank and VietinBank across the 9-month period and third quarter of 2026, compiled from disclosures on [Vietstock](https://vietstock.vn/2026/10/tang-trich-lap-du-phong-rui-ro-gap-8-lan-vietcombank-bao-lai-truoc-thue-quy-32026-di-ngang-737-1509726.htm) and [VietnamBiz](https://vietnambiz.vn/vietinbank-vuot-vietcombank-vuon-len-dan-dau-loi-nhuan-quy-iii2026-20261031102916834.htm):

| Financial Metric (2026) | Vietcombank | VietinBank | Comparative Notes and Provenance |
| :--- | :--- | :--- | :--- |
| 9-month Pre-tax Profit (billion VND) | Over 40,440 | 39,557 | Vietcombank up 22% per Vietstock and VietnamBiz; VietinBank per VietnamBiz |
| Q3 2026 Pre-tax Profit (billion VND) | Roughly 11,218 | 13,689 | VietinBank up 29% per VietnamBiz; Vietcombank flat per Vietstock |

*Source: Compiled from financial disclosures of commercial banks on Vietstock and VietnamBiz, October 30–31, 2026.*

Disclosures tracked through October 30, 2026, by [CafeF](https://cafef.vn/cap-nhat-loi-nhuan-ngan-hang-toi-30-10-vietcombank-mb-vietinbank-bidv-eximbank-188261030182505541.chn) show that among 26 commercial banks reporting Q3 2026 results, VietinBank achieved 13,689 billion VND and Vietcombank recorded roughly 11,218 billion VND in pre-tax profit according to [CafeF](https://cafef.vn/cap-nhat-loi-nhuan-ngan-hang-toi-30-10-vietcombank-mb-vietinbank-bidv-eximbank-188261030182505541.chn).

Data from [CafeF](https://cafef.vn/cap-nhat-loi-nhuan-ngan-hang-toi-30-10-vietcombank-mb-vietinbank-bidv-eximbank-188261030182505541.chn) indicates that Vietcombank's pre-tax profit rose 22% over 9 months. In Q3 2026, Vietcombank's pre-tax profit flattened according to [Vietstock](https://vietstock.vn/2026/10/tang-trich-lap-du-phong-rui-ro-gap-8-lan-vietcombank-bao-lai-truoc-thue-quy-32026-di-ngang-737-1509726.htm). VietinBank generated 29% growth in Q3 2026 according to [VietnamBiz](https://vietnambiz.vn/vietinbank-vuot-vietcombank-vuon-len-dan-dau-loi-nhuan-quy-iii2026-20261031102916834.htm).

To compare how these figures are tracked, see [how to read bank financial statements](/en/blog/reading-bank-financial-statements).

## VietinBank Accelerates in Third Quarter

In the third quarter of 2026, disclosures published by [VietnamBiz](https://vietnambiz.vn/vietinbank-vuot-vietcombank-vuon-len-dan-dau-loi-nhuan-quy-iii2026-20261031102916834.htm) show that VietinBank generated a pre-tax profit of 13,689 billion VND, a gain of 29% compared to Q3 2025. This quarterly performance exceeded the roughly 11,218 billion VND pre-tax profit recorded by Vietcombank in the same quarter according to comparative disclosures cited across [VietnamBiz](https://vietnambiz.vn/vietinbank-vuot-vietcombank-vuon-len-dan-dau-loi-nhuan-quy-iii2026-20261031102916834.htm) and [Vietstock](https://vietstock.vn/2026/10/tang-trich-lap-du-phong-rui-ro-gap-8-lan-vietcombank-bao-lai-truoc-thue-quy-32026-di-ngang-737-1509726.htm).

With Q3 2026 pre-tax profit reaching 13,689 billion VND according to financial statements reported by [VietnamBiz](https://vietnambiz.vn/vietinbank-vuot-vietcombank-vuon-len-dan-dau-loi-nhuan-quy-iii2026-20261031102916834.htm), VietinBank brought its cumulative 9-month 2026 pre-tax profit to 39,557 billion VND. This result narrowed the scale difference between VietinBank and Vietcombank across the first three quarters of 2026.

## Vietcombank Maintains 9-Month Earnings Scale

In the first 9 months of 2026, Vietcombank recorded more than 40,440 billion VND in cumulative pre-tax profit, advancing 22% compared to the prior-year period according to financial updates reported by [Vietstock](https://vietstock.vn/2026/10/tang-trich-lap-du-phong-rui-ro-gap-8-lan-vietcombank-bao-lai-truoc-thue-quy-32026-di-ngang-737-1509726.htm) and [VietnamBiz](https://vietnambiz.vn/vietcombank-lai-hon-40400-ty-trong-9-thang-chi-phi-du-phong-gap-4-lan-cung-ky-2026103193224484.htm). Among 26 commercial banks reporting results by October 30, 2026, according to [CafeF](https://cafef.vn/cap-nhat-loi-nhuan-ngan-hang-toi-30-10-vietcombank-mb-vietinbank-bidv-eximbank-188261030182505541.chn), Vietcombank maintained its top position in earnings scale among the 26 reporting banks.

During Q3 2026, Vietcombank pre-tax profit was recorded at roughly 11,218 billion VND, remaining essentially flat relative to the same period in 2025 according to [Vietstock](https://vietstock.vn/2026/10/tang-trich-lap-du-phong-rui-ro-gap-8-lan-vietcombank-bao-lai-truoc-thue-quy-32026-di-ngang-737-1509726.htm). The central driver behind this quarterly plateau was credit risk provisioning during Q3 2026 as documented by [Vietstock](https://vietstock.vn/2026/10/tang-trich-lap-du-phong-rui-ro-gap-8-lan-vietcombank-bao-lai-truoc-thue-quy-32026-di-ngang-737-1509726.htm) and [VietnamBiz](https://vietnambiz.vn/vietcombank-lai-hon-40400-ty-trong-9-thang-chi-phi-du-phong-gap-4-lan-cung-ky-2026103193224484.htm).

For broader sector context during the same period, see [ACB's Q3 results](/en/blog/acb-q3-2026-nim-expansion-credit-costs).

## System Credit Growth and Policy Guidance

Data from the State Bank of Vietnam published on October 7, 2026, by the [Government Electronic Newspaper](https://baochinhphu.vn/nhnn-toc-do-tang-lai-suat-dang-cham-lai-102261007182510571.htm) shows that overall credit growth reached 16.69% year over year by the end of September 2026, bringing system-wide outstanding credit to 20.75 million billion VND (20.75 quadrillion) as of September 30, 2026. The central bank indicated that it continues to steer monetary policy proactively and flexibly to maintain system liquidity and support stable borrowing costs.

In parallel with broader credit expansion, Vietcombank deployed credit programs to support production, business and priority sectors under regulatory guidance in 2026, according to an update published on October 30, 2026, by the [Government Electronic Newspaper](https://baochinhphu.vn/vietcombank-day-manh-trien-khai-chuong-trinh-tin-dung-thuc-day-san-xuat-kinh-doanh-va-cac-linh-vuc-uu-tien-102261030200524195.htm).

*Disclaimer: The information in this article is for research and data synthesis purposes only and does not constitute financial advice or investment recommendations. Readers can find more details in our [Disclaimer](/en/legal/disclaimer). Cover image: Illustrative image (AI).*

## Sources

- Báo Điện tử Chính phủ: [Vietcombank đẩy mạnh triển khai chương trình tín dụng thúc đẩy sản xuất kinh doanh và các lĩnh vực ưu tiên](https://baochinhphu.vn/vietcombank-day-manh-trien-khai-chuong-trinh-tin-dung-thuc-day-san-xuat-kinh-doanh-va-cac-linh-vuc-uu-tien-102261030200524195.htm) (30/10/2026)
- Báo Điện tử Chính phủ: [NHNN: Tốc độ tăng lãi suất đang chậm lại](https://baochinhphu.vn/nhnn-toc-do-tang-lai-suat-dang-cham-lai-102261007182510571.htm) (07/10/2026)
- Vietstock: [Tăng trích lập dự phòng rủi ro gấp 8 lần, Vietcombank báo lãi trước thuế quý 3/2026 đi ngang](https://vietstock.vn/2026/10/tang-trich-lap-du-phong-rui-ro-gap-8-lan-vietcombank-bao-lai-truoc-thue-quy-32026-di-ngang-737-1509726.htm) (30/10/2026)
- VietnamBiz: [Vietcombank lãi hơn 40.400 tỷ trong 9 tháng, chi phí dự phòng gấp 4 lần cùng kỳ](https://vietnambiz.vn/vietcombank-lai-hon-40400-ty-trong-9-thang-chi-phi-du-phong-gap-4-lan-cung-ky-2026103193224484.htm) (31/10/2026)
- VietnamBiz: [VietinBank vượt Vietcombank, vươn lên dẫn đầu lợi nhuận quý III/2026](https://vietnambiz.vn/vietinbank-vuot-vietcombank-vuon-len-dan-dau-loi-nhuan-quy-iii2026-20261031102916834.htm) (31/10/2026)
- CafeF: [Cập nhật lợi nhuận ngân hàng tới 30/10: Vietcombank, MB, VietinBank, BIDV, Eximbank,...](https://cafef.vn/cap-nhat-loi-nhuan-ngan-hang-toi-30-10-vietcombank-mb-vietinbank-bidv-eximbank-188261030182505541.chn) (30/10/2026)

## Frequently asked questions

### How did Vietcombank 9-month 2026 pre-tax profit compare with VietinBank according to Vietstock and VietnamBiz?

Vietcombank recorded over 40,440 billion VND in 9-month 2026 pre-tax profit according to Vietstock and VietnamBiz, higher than the 39,557 billion VND reported for VietinBank by VietnamBiz.

### How did VietinBank perform specifically during Q3 2026?

According to financial statements reported by VietnamBiz, VietinBank recorded 13,689 billion VND in pre-tax profit in Q3 2026, expanding 29% compared to Q3 2025 and outpacing Vietcombank for the quarter.

### How did VietinBank 9-month 2026 earnings compare to Vietcombank?

VietinBank posted 39,557 billion VND in 9-month 2026 pre-tax profit according to VietnamBiz, closely competing with the more than 40,440 billion VND reported for Vietcombank according to Vietstock.

---

_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._