Asia Commercial Bank made a net profit of VND 5,997 bil in 2019, up 16.7% compared to the previous year. This implies a return on equity of 24.6%.
Historically, the bank’s net profit reached an all time high of VND 5,997 bil in 2019 and an all time low of VND 299 bil in 2005. The average profit in the last five years amounted to VND 3,121 bil.
The bank generated its shareholders an average return on equity of 16.9% in the last five years with maximum at 27.7% and minimum at 8.17%
Asia Commercial Bank has been ranked 3rd within the group of 22 banks we follow in terms of return on equity in 2019.