By Helgi Library - March 4, 2020
Asia Commercial Bank made a net profit of VND 1,549 bil under revenues of VND 5,096 bil in the fourth quarter of 2019, up 13.5% and ...
By Helgi Library - March 4, 2020
Asia Commercial Bank's customer deposits reached VND 207,051 bil in 2016-12-31, up 2.81% compared to the previous year. Vietnam...
By Helgi Library - March 4, 2020
Asia Commercial Bank's net interest margin amounted to 3.59% in the fourth quarter of 2019, up from 3.43% when compared to the p...
Profit Statement | 2017 | 2018 | 2019 | |
Net Interest Income | VND bil | 8,494 | 10,390 | 12,141 |
Net Fee Income | VND bil | 1,188 | 1,498 | 1,896 |
Other Income | VND bil | 2,204 | 2,881 | 2,918 |
Total Revenues | VND bil | 11,886 | 14,768 | 16,956 |
Staff Cost | VND bil | 2,669 | 3,221 | 3,763 |
Operating Profit | VND bil | 5,608 | 7,918 | 8,602 |
Provisions | VND bil | 2,565 | 932 | 274 |
Net Profit | VND bil | 2,118 | 5,137 | 5,997 |
Balance Sheet | 2017 | 2018 | 2019 | |
Interbank Loans | VND bil | 8,942 | 18,770 | 30,342 |
Customer Loans | VND bil | 196,669 | 227,983 | 266,165 |
Total Assets | VND bil | 284,316 | 329,333 | 383,514 |
Shareholders' Equity | VND bil | 16,031 | 21,018 | 27,753 |
Interbank Borrowing | VND bil | 16,138 | 24,662 | 20,563 |
Customer Deposits | VND bil | 241,393 | 269,998 | 308,129 |
Issued Debt Securities | VND bil | 6,214 | 7,581 | 19,673 |
Ratios | 2017 | 2018 | 2019 | |
ROE | % | 14.1 | 27.7 | 24.6 |
ROA | % | 0.818 | 1.67 | 1.68 |
Costs (As % Of Assets) | % | 2.42 | 2.23 | 2.34 |
Costs (As % Of Income) | % | 52.8 | 46.4 | 49.3 |
Capital Adequacy Ratio | % | 11.5 | ... | ... |
Net Interest Margin | % | 3.28 | 3.39 | 3.41 |
Loans (As % Of Deposits) | % | 81.5 | 84.4 | 86.4 |
NPLs (As % Of Loans) | % | 0.700 | 0.727 | 0.539 |
Provisions (As % Of NPLs) | % | 133 | 152 | 175 |
Valuation | 2017 | 2018 | 2019 | |
Price/Earnings (P/E) | 18.5 | 7.40 | 6.40 | |
Price/Book Value (P/BV) | 2.27 | 1.76 | 1.34 | |
Dividend Yield | % | 0 | 0 | ... |
Earnings Per Share (EPS) | VND | 1,214 | 3,076 | 3,560 |
Book Value Per Share | VND | 9,888 | 12,964 | 17,058 |
Dividend Per Share | VND | 0 | 0 | ... |
Get all company financials in excel:
summary | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
income statement | |||||||||||||||||
Net Interest Income | VND bil | 4,638 | 4,788 | 5,905 | 6,917 | 8,494 | |||||||||||
Total Revenues | VND bil | 5,921 | 6,364 | 6,529 | 7,903 | 11,886 | |||||||||||
Operating Profit | VND bil | 2,116 | 2,443 | 2,474 | 3,214 | 5,608 | |||||||||||
Net Profit | VND bil | 826 | 952 | 1,028 | 1,325 | 2,118 | |||||||||||
balance sheet | |||||||||||||||||
Interbank Loans | VND bil | 7,216 | 4,559 | 10,122 | 8,152 | 8,942 | |||||||||||
Customer Loans | VND bil | 105,642 | 114,745 | 133,807 | 161,604 | 196,669 | |||||||||||
Debt Securities | VND bil | 35,264 | 41,676 | 39,048 | 44,385 | 54,400 | |||||||||||
Total Assets | VND bil | 166,599 | 179,610 | 201,457 | 233,681 | 284,316 | |||||||||||
Shareholders' Equity | VND bil | 12,504 | 12,397 | 12,788 | 14,063 | 16,031 | |||||||||||
Interbank Borrowing | VND bil | 9,938 | 6,151 | 7,627 | 2,759 | 16,138 | |||||||||||
Customer Deposits | VND bil | 138,111 | 154,614 | 174,919 | 207,051 | 241,393 | |||||||||||
Issued Debt Securities | VND bil | 3,302 | 3,261 | 3,222 | 6,214 | 6,214 | |||||||||||
ratios | |||||||||||||||||
ROE | % | ... | 6.58 | 7.64 | 8.17 | 9.87 | 14.1 | ||||||||||
ROA | % | ... | 0.482 | 0.550 | 0.540 | 0.609 | 0.818 | ||||||||||
Costs (As % Of Assets) | % | ... | 2.22 | 2.27 | 2.13 | 2.16 | 2.42 | ||||||||||
Costs (As % Of Income) | % | 64.3 | 61.6 | 62.1 | 59.3 | 52.8 | |||||||||||
Capital Adequacy Ratio | % | ... | ... | ... | ... | ... | ... | ... | 14.7 | 14.1 | 12.8 | 13.2 | 11.5 | ... | ... | ||
Net Interest Margin | % | ... | 2.71 | 2.77 | 3.10 | 3.18 | 3.28 | ||||||||||
Interest Income (As % Of Revenues) | % | 78.3 | 75.2 | 90.4 | 87.5 | 71.5 | |||||||||||
Fee Income (As % Of Revenues) | % | ... | ... | ... | 9.98 | 10.9 | 11.4 | 11.9 | 10.00 | ||||||||
Staff Cost (As % Of Total Cost) | % | 41.2 | 44.4 | 49.3 | 49.2 | 42.5 | |||||||||||
Equity (As % Of Assets) | % | 7.51 | 6.90 | 6.35 | 6.02 | 5.64 | |||||||||||
Loans (As % Of Deposits) | % | 76.5 | 74.2 | 76.5 | 78.1 | 81.5 | |||||||||||
Loans (As % Assets) | % | 63.4 | 63.9 | 66.4 | 69.2 | 69.2 | |||||||||||
NPLs (As % Of Loans) | % | ... | ... | ... | 3.03 | 2.18 | 0.224 | 0.238 | 0.700 | ||||||||
Provisions (As % Of NPLs) | % | ... | ... | ... | 47.7 | 62.3 | 508 | 462 | 133 | ||||||||
valuation | |||||||||||||||||
Market Capitalisation (End Of Period) | USD mil | ... | ... | ... | 682 | 646 | 789 | 762 | 1,602 | ||||||||
Number Of Shares (Average) | mil | ... | ... | 1,680 | 1,651 | 1,621 | 1,621 | 1,621 | |||||||||
Share Price (End Of Period) | VND | ... | ... | ... | 8,624 | 8,513 | 10,946 | 10,702 | 22,438 | ||||||||
Earnings Per Share (EPS) | VND | ... | ... | 480 | 564 | 628 | 715 | 1,214 | |||||||||
Book Value Per Share | VND | ... | ... | 7,442 | 7,510 | 7,887 | 8,674 | 9,888 | |||||||||
Dividend Per Share | VND | ... | ... | ... | 387 | 387 | 0 | 0 | 0 | ... | |||||||
Price/Earnings (P/E) | ... | ... | ... | 18.0 | 15.1 | 17.4 | 15.0 | 18.5 | |||||||||
Price/Book Value (P/BV) | ... | ... | ... | 1.16 | 1.13 | 1.39 | 1.23 | 2.27 | |||||||||
Dividend Yield | % | ... | ... | ... | 4.49 | 4.55 | 0 | 0 | 0 | ... | |||||||
Earnings Per Share Growth | % | ... | ... | ... | 30.3 | 17.6 | 11.3 | 13.8 | 69.8 | ||||||||
Book Value Per Share Growth | % | ... | ... | ... | 0.023 | 0.910 | 5.03 | 9.97 | 14.0 |
income statement | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
income statement | |||||||||||||||||
Interest Income | VND bil | 15,457 | 13,725 | 14,103 | 16,473 | 20,356 | |||||||||||
Interest Cost | VND bil | 10,819 | 8,937 | 8,198 | 9,556 | 11,862 | |||||||||||
Net Interest Income | VND bil | 4,638 | 4,788 | 5,905 | 6,917 | 8,494 | |||||||||||
Net Fee Income | VND bil | ... | ... | ... | 591 | 694 | 745 | 944 | 1,188 | ||||||||
Other Income | VND bil | ... | ... | ... | 692 | 881 | -121 | 42.3 | 2,204 | ||||||||
Total Revenues | VND bil | 5,921 | 6,364 | 6,529 | 7,903 | 11,886 | |||||||||||
Staff Cost | VND bil | 1,568 | 1,741 | 1,999 | 2,309 | 2,669 | |||||||||||
Depreciation | VND bil | ... | ... | ... | ... | ... | ... | ... | 193 | 204 | 210 | 245 | ... | ||||
Other Cost | VND bil | ... | ... | ... | ... | ... | ... | ... | 1,987 | 1,852 | 2,169 | 3,364 | ... | ||||
Operating Cost | VND bil | 3,804 | 3,921 | 4,055 | 4,689 | 6,278 | |||||||||||
Operating Profit | VND bil | 2,116 | 2,443 | 2,474 | 3,214 | 5,608 | |||||||||||
Provisions | VND bil | 855 | 977 | 884 | 1,218 | 2,565 | |||||||||||
Extra and Other Cost | VND bil | 226 | 250 | 276 | 330 | 386 | |||||||||||
Pre-Tax Profit | VND bil | 1,036 | 1,215 | 1,314 | 1,667 | 2,656 | |||||||||||
Tax | VND bil | 209 | 264 | 286 | 342 | 538 | |||||||||||
Minorities | VND bil | 0 | 0 | 0 | 0 | 0 | |||||||||||
Net Profit | VND bil | 826 | 952 | 1,028 | 1,325 | 2,118 | |||||||||||
Dividends | VND bil | ... | ... | ... | 645 | 627 | 0 | 0 | 0 | ... | |||||||
growth rates | |||||||||||||||||
Net Interest Income Growth | % | ... | -33.9 | 3.24 | 23.3 | 17.1 | 22.8 | ||||||||||
Net Fee Income Growth | % | ... | ... | ... | ... | ... | -15.9 | 17.5 | 7.31 | 26.7 | 25.8 | ||||||
Total Revenue Growth | % | ... | -3.65 | 7.49 | 2.59 | 21.0 | 50.4 | ||||||||||
Operating Cost Growth | % | ... | -12.9 | 3.07 | 3.41 | 15.6 | 33.9 | ||||||||||
Operating Profit Growth | % | ... | 19.0 | 15.4 | 1.29 | 29.9 | 74.5 | ||||||||||
Pre-Tax Profit Growth | % | ... | -0.682 | 17.4 | 8.12 | 26.9 | 59.3 | ||||||||||
Net Profit Growth | % | ... | 5.41 | 15.2 | 8.03 | 28.9 | 59.8 | ||||||||||
market share | |||||||||||||||||
Market Share in Revenues | % | ... | ... | ... | ... | 3.35 | 3.44 | 3.14 | 3.31 | ... | ... | ... | |||||
Market Share in Net Profit | % | ... | ... | ... | ... | 2.75 | 5.56 | 3.30 | 3.22 | ... | ... | ... | |||||
Market Share in Branches | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
balance sheet | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
balance sheet | |||||||||||||||||
Cash | VND bil | 5,109 | 5,854 | 7,415 | 8,661 | 13,166 | |||||||||||
Interbank Loans | VND bil | 7,216 | 4,559 | 10,122 | 8,152 | 8,942 | |||||||||||
Customer Loans | VND bil | 105,642 | 114,745 | 133,807 | 161,604 | 196,669 | |||||||||||
Retail Loans | VND bil | 45,547 | 52,401 | 66,545 | 86,428 | 111,135 | ... | ||||||||||
Corporate Loans | VND bil | 61,643 | 63,923 | 68,803 | 76,973 | 87,379 | ... | ||||||||||
Debt Securities | VND bil | 35,264 | 41,676 | 39,048 | 44,385 | 54,400 | |||||||||||
Fixed Assets | VND bil | 2,494 | 2,617 | 2,294 | 2,633 | 2,818 | |||||||||||
Intangible Assets | VND bil | 58.7 | 188 | 186 | 217 | 190 | |||||||||||
Goodwill | VND bil | ... | ... | ... | ... | ... | 0 | 0 | 0 | 0 | 0 | ... | |||||
Total Assets | VND bil | 166,599 | 179,610 | 201,457 | 233,681 | 284,316 | |||||||||||
Shareholders' Equity | VND bil | 12,504 | 12,397 | 12,788 | 14,063 | 16,031 | |||||||||||
Of Which Minority Interest | VND bil | 0 | 0 | 0 | 0 | 0 | |||||||||||
Liabilities | VND bil | 154,095 | 167,212 | 188,669 | 219,618 | 268,285 | |||||||||||
Interbank Borrowing | VND bil | 9,938 | 6,151 | 7,627 | 2,759 | 16,138 | |||||||||||
Customer Deposits | VND bil | 138,111 | 154,614 | 174,919 | 207,051 | 241,393 | |||||||||||
Retail Deposits | VND bil | ... | ... | ... | ... | ... | ... | ... | 115,094 | 127,620 | 143,492 | 169,742 | 197,294 | ... | |||
Corporate Deposits | VND bil | ... | ... | ... | ... | ... | ... | ... | 23,017 | 26,993 | 31,427 | 37,309 | 44,099 | ... | |||
Sight Deposits | VND bil | 17,799 | 20,539 | 26,599 | 31,893 | 38,195 | |||||||||||
Term Deposits | VND bil | 118,485 | 131,991 | 146,347 | 173,304 | 201,076 | |||||||||||
Issued Debt Securities | VND bil | 3,302 | 3,261 | 3,222 | 6,214 | 6,214 | |||||||||||
Other Liabilities | VND bil | 2,744 | 3,187 | 2,901 | 3,594 | 4,541 | |||||||||||
asset quality | |||||||||||||||||
Non-Performing Loans | VND bil | ... | ... | ... | 3,243 | 2,533 | 303 | 389 | 1,390 | ||||||||
Gross Loans | VND bil | 107,190 | 116,324 | 135,348 | 163,401 | 198,513 | |||||||||||
Total Provisions | VND bil | 1,548 | 1,579 | 1,541 | 1,797 | 1,845 | |||||||||||
growth rates | |||||||||||||||||
Customer Loan Growth | % | ... | 4.27 | 8.62 | 16.6 | 20.8 | 21.7 | ||||||||||
Retail Loan Growth | % | ... | 2.70 | 15.0 | 27.0 | 29.9 | 28.6 | ... | |||||||||
Corporate Loan Growth | % | ... | 5.43 | 3.70 | 7.63 | 11.9 | 13.5 | ... | |||||||||
Total Asset Growth | % | ... | -5.51 | 7.81 | 12.2 | 16.0 | 21.7 | ||||||||||
Shareholders' Equity Growth | % | ... | -0.953 | -0.855 | 3.15 | 9.97 | 14.0 | ||||||||||
Customer Deposit Growth | % | ... | 10.3 | 11.9 | 13.1 | 18.4 | 16.6 | ||||||||||
Retail Deposit Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | 4.20 | 10.9 | 12.4 | 18.3 | 16.2 | ... | ||
Corporate Deposit Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | 55.7 | 17.3 | 16.4 | 18.7 | 18.2 | ... | ||
market share | |||||||||||||||||
Market Share in Customer Loans | % | 3.51 | 3.44 | 3.33 | 3.34 | 3.40 | ... | ... | |||||||||
Market Share in Corporate Loans | % | ... | ... | ... | ... | ... | ... | ... | ... | 2.05 | 1.91 | 1.71 | 1.59 | ... | ... | ... | |
Market Share in Total Assets | % | 3.04 | 2.98 | 2.89 | 2.88 | 2.94 | ... | ... | |||||||||
Market Share in Customer Deposits | % | 3.74 | 3.62 | 3.47 | 3.48 | 3.54 | ... | ... |
ratios | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
ratios | |||||||||||||||||
ROE | % | ... | 6.58 | 7.64 | 8.17 | 9.87 | 14.1 | ||||||||||
ROA | % | ... | 0.482 | 0.550 | 0.540 | 0.609 | 0.818 | ||||||||||
Costs (As % Of Assets) | % | ... | 2.22 | 2.27 | 2.13 | 2.16 | 2.42 | ||||||||||
Costs (As % Of Income) | % | 64.3 | 61.6 | 62.1 | 59.3 | 52.8 | |||||||||||
Capital Adequacy Ratio | % | ... | ... | ... | ... | ... | ... | ... | 14.7 | 14.1 | 12.8 | 13.2 | 11.5 | ... | ... | ||
Tier 1 Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 10.2 | 9.80 | 9.27 | 8.26 | 7.77 | ... | ... |
Net Interest Margin | % | ... | 2.71 | 2.77 | 3.10 | 3.18 | 3.28 | ||||||||||
Interest Spread | % | ... | 2.21 | 2.37 | 2.79 | 2.89 | 3.00 | ||||||||||
Asset Yield | % | ... | 9.02 | 7.93 | 7.40 | 7.57 | 7.86 | ||||||||||
Cost Of Liabilities | % | ... | 6.81 | 5.56 | 4.61 | 4.68 | 4.86 | ||||||||||
Payout Ratio | % | ... | ... | ... | 78.0 | 65.9 | 0 | 0 | 0 | ... | |||||||
Interest Income (As % Of Revenues) | % | 78.3 | 75.2 | 90.4 | 87.5 | 71.5 | |||||||||||
Fee Income (As % Of Revenues) | % | ... | ... | ... | 9.98 | 10.9 | 11.4 | 11.9 | 10.00 | ||||||||
Other Income (As % Of Revenues) | % | ... | ... | ... | 11.7 | 13.9 | -1.86 | 0.535 | 18.5 | ||||||||
Cost Per Employee | USD per month | 681 | 735 | 775 | 890 | 961 | |||||||||||
Cost Per Employee (Local Currency) | VND per month | 14,308,700 | 15,609,100 | 16,764,300 | 19,591,900 | 21,520,800 | |||||||||||
Staff Cost (As % Of Total Cost) | % | 41.2 | 44.4 | 49.3 | 49.2 | 42.5 | |||||||||||
Equity (As % Of Assets) | % | 7.51 | 6.90 | 6.35 | 6.02 | 5.64 | |||||||||||
Loans (As % Of Deposits) | % | 76.5 | 74.2 | 76.5 | 78.1 | 81.5 | |||||||||||
Loans (As % Assets) | % | 63.4 | 63.9 | 66.4 | 69.2 | 69.2 | |||||||||||
NPLs (As % Of Loans) | % | ... | ... | ... | 3.03 | 2.18 | 0.224 | 0.238 | 0.700 | ||||||||
Provisions (As % Of NPLs) | % | ... | ... | ... | 47.7 | 62.3 | 508 | 462 | 133 | ||||||||
Provisions (As % Of Loans) | % | 1.47 | 1.38 | 1.15 | 1.11 | 0.938 | |||||||||||
Cost of Provisions (As % Of Loans) | % | ... | 0.826 | 0.887 | 0.712 | 0.824 | 1.43 |
other data | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
other data | |||||||||||||||||
Branches | ... | ... | ... | ... | ... | ... | ... | ... | 346 | 346 | 350 | 350 | 354 | ... | |||
Employees | 9,131 | 9,296 | 9,935 | 9,822 | 10,334 | ||||||||||||
Sight (As % Of Customer Deposits) | % | 12.9 | 13.3 | 15.2 | 15.4 | 15.8 | |||||||||||
Return on Loans | % | ... | 0.799 | 0.864 | 0.827 | 0.897 | 1.18 | ||||||||||
Operating Profit (As % of Loans) | % | ... | 2.05 | 2.22 | 1.99 | 2.18 | 3.13 | ||||||||||
Costs (As % Of Loans) | % | ... | 3.68 | 3.56 | 3.26 | 3.17 | 3.50 | ||||||||||
Equity (As % Of Loans) | % | 11.8 | 10.8 | 9.56 | 8.70 | 8.15 |
Get all company financials in excel:
By Helgi Library - March 4, 2020
Asia Commercial Bank generated total banking revenues of VND 5,096 bil in the fourth quarter of 2019, up 17.2% when compared to the same period of last year and 25.5% when compared to the previous quarter. Historically, the bank’s revenues containing of inter...
By Helgi Library - March 4, 2020
Asia Commercial Bank's non-performing loans reached 0.539% of total loans at the end of 2019-12-31, down from 0.727% compared to the previous year. Historically, the NPL ratio hit an all time high of 3.65% in 2014-06-30 and an all time low of 0.101% in 2008-03-31...
By Helgi Library - March 4, 2020
Asia Commercial Bank stock traded at VND 22,800 per share at the end fourth quarter of 2019 implying a market capitalization of USD 1,630 mil. Since the end of 4Q2014, the stock has appreciated by 168 % implying an annual average growth of 21.8 %. In absolute terms, t...
By Helgi Library - March 4, 2020
Asia Commercial Bank stock traded at VND 22,800 per share at the end of fourth quarter of 2019 implying a market capitalization of USD 1,630 mil. Over the last five years, the stock has appreciated by 168 implying an annual average growth of 21.8% In abso...
By Helgi Library - March 4, 2020
Asia Commercial Bank's Equity reached 7.24% of total assets in the 4Q2019, up from 6.38% for the previous year. As a share of net customer loans, the ratio amounted to 10.4% at the end of the fourth quarter of 2019. ...
By Helgi Library - March 4, 2020
Asia Commercial Bank's customer loan growth reached 16.7% in 2019-12-31, up from 15.9% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 78.8% in 2009-12-31 and an all time low of -8.32% in 2009-03-31. In the...
By Helgi Library - March 1, 2020
Asia Commercial Bank made a net profit of VND 5,997 bil under revenues of VND 16,956 bil in 2019, up 16.7% and 14.8% respectively compared to the previous year. Historically, the bank’s net profit reached an all time high of VND 5,997 bil in 2019 and an all time low of ...
By Helgi Library - March 1, 2020
Asia Commercial Bank stock traded at VND 22,800 per share at the end 2019 implying a market capitalization of USD 1,630 mil. Since the end of 2014, the stock has appreciated by 168 % implying an annual average growth of 21.8 %. In absolute terms, the value of the comp...
By Helgi Library - March 1, 2020
Asia Commercial Bank's net interest margin amounted to 3.41% in 2019, up from 3.39% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 3.41% in 2019 and an all time low of 2.02% in 2007. The average m...
By Helgi Library - March 1, 2020
Asia Commercial Bank generated total banking revenues of VND 16,956 bil in 2019, up 14.8% compared to the previous year. Historically, the bank’s revenues containing of interest, fee and other non-interest income reached an all time high of VND 16,956 bil in 20...
Asia Commercial Bank has been growing its revenues and asset by 12.8% and 8.61% a year on average in the last 10 years. Its loans and deposits have grown by 15.7% and 11.0% a year during that time and loans to deposits ratio reached 86.4% at the end of 2019. The company achieved an average return on equity of 15.4% in the last decade with net profit growing 10.5% a year on average. In terms of operating efficiency, its cost to income ratio reached 49.3% in 2019, compared to 54.8% average in the last decade.
Equity represented 7.24% of total assets or 10.4% of loans at the end of 2019. Asia Commercial Bank's non-performing loans were 0.539% of total loans while provisions covered some 175% of NPLs at the end of 2019.
Asia Commercial Bank stock traded at VND 22,800 per share at the end of 2019 resulting in a market capitalization of USD 1,630 mil. Over the previous five years, stock price rose by 168% or 21.8% a year on average. That’s compared to an average ROE of 16.9% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of 6.40x and price to book value (PBV) of 1.34x in 2019.