Lien Viet PostBank

Lien Viet PostBank's net profit fell 29.4% yoy to VND 961 bil in 2018

By Helgi Analytics - March 1, 2020

Lien Viet PostBank made a net profit of VND 961 bil under revenues of VND 5,401 bil in 2018, up -29.4% and -7.38% respectively compar...

Lien Viet PostBank's npls (as % of loans) rose 32.1% yoy to 1.41% in 2018

By Helgi Analytics - March 1, 2020

Lien Viet PostBank's non-performing loans reached 1.41% of total loans at the end of 2018, up from 1.07% compared to the previous...

Lien Viet PostBank's net interest margin fell 13.5% yoy to 2.96% in 2018

By Helgi Analytics - March 1, 2020

Lien Viet PostBank's net interest margin amounted to 2.96% in 2018, down from 3.42% compared to the previous year. Histori...

Profit Statement 2016 2017 2018
Net Interest Income VND bil 4,024 5,227 5,016
Net Fee Income VND bil 76.1 64.9 153
Other Income VND bil 7.97 540 233
Total Revenues VND bil 4,108 5,832 5,401
Staff Cost VND bil 1,023 1,506 1,620
Operating Profit VND bil 1,928 2,407 2,004
Provisions VND bil 492 522 618
Net Profit VND bil 1,062 1,362 961
Balance Sheet 2016 2017 2018
Interbank Loans VND bil 9,277 12,352 5,108
Customer Loans VND bil 78,706 99,392 117,710
Debt Securities VND bil 33,571 32,189 35,991
Total Assets VND bil 141,865 163,434 175,095
Shareholders' Equity VND bil 8,332 9,383 10,201
Interbank Borrowing VND bil 13,866 15,194 22,691
Customer Deposits VND bil 110,985 130,333 126,168
Issued Debt Securities VND bil 6,450 4,898 11,156
Ratios 2016 2017 2018
ROE % 13.3 15.4 9.81
ROA % 0.852 0.892 0.568
Costs (As % Of Assets) % 1.75 2.24 2.01
Costs (As % Of Income) % 53.1 58.7 62.9
Net Interest Margin % 3.23 3.42 2.96
Loans (As % Of Deposits) % 70.9 76.3 93.3
NPLs (As % Of Loans) % 1.11 1.07 1.41
Provisions (As % Of NPLs) % 109 114 88.2
Valuation 2016 2017 2018
Market Capitalisation (End Of Period) USD mil ... 393 297
Share Price (End Of Period) VND ... 11,169 8,364
Price/Earnings (P/E) ... 6.85 7.14
Price/Book Value (P/BV) ... 0.952 0.673
Dividend Yield % ... 11.6 0
Earnings Per Share (EPS) VND 1,277 1,629 1,171
Book Value Per Share VND 10,417 11,731 12,431
Dividend Per Share VND ... 1,299 0

Get all company financials in excel:

Download Sample   $19.99

summary Unit 2011 2012 2013 2014 2015 2016 2017 2018
income statement                
Net Interest Income VND bil   2,454 2,271 2,291 2,894 4,024    
Total Revenues VND bil   2,495 2,367 2,582 2,989 4,108    
Operating Profit VND bil   1,458 1,176 1,088 1,271 1,928    
Net Profit VND bil   868 560 454 349 1,062    
balance sheet                
Interbank Loans VND bil   15,400 11,813 9,687 5,423 9,277    
Customer Loans VND bil   22,588 28,954 40,816 55,470 78,706    
Debt Securities VND bil   15,516 22,108 36,577 32,485 33,571    
Total Assets VND bil   66,413 79,594 100,802 107,587 141,865    
Shareholders' Equity VND bil   7,391 7,271 7,391 7,601 8,332    
Interbank Borrowing VND bil   16,282 15,539 12,876 17,480 13,866    
Customer Deposits VND bil   41,337 55,553 77,820 77,629 110,985    
Issued Debt Securities VND bil   9.08 46.6 1,108 3,159 6,450    
ratios                
ROE % ... 12.4 7.64 6.19 4.66 13.3    
ROA % ... 1.42 0.768 0.503 0.335 0.852    
Costs (As % Of Assets) % ... 1.69 1.63 1.66 1.65 1.75    
Costs (As % Of Income) %   41.6 50.3 57.9 57.5 53.1    
Net Interest Margin % ... 4.00 3.11 2.54 2.78 3.23    
Interest Income (As % Of Revenues) %   98.4 95.9 88.7 96.8 98.0    
Fee Income (As % Of Revenues) %   -5.78 -7.76 -11.9 -8.97 1.85    
Staff Cost (As % Of Total Cost) %   ... ... 37.5 39.5 46.9    
Equity (As % Of Assets) %   11.1 9.14 7.33 7.06 5.87    
Loans (As % Of Deposits) %   54.6 52.1 52.4 71.5 70.9    
Loans (As % Assets) %   34.0 36.4 40.5 51.6 55.5    
NPLs (As % Of Loans) %   ... ... 1.40 0.966 1.11    
Provisions (As % Of NPLs) %   ... ... 82.0 128 109    
valuation                
Market Capitalisation (End Of Period) USD mil ... ... ... ... ... ...    
Number Of Shares (Average) mil   ... 851 800 800 800    
Share Price (End Of Period) VND ... ... ... ... ... ...    
Earnings Per Share (EPS) VND   ... 658 538 423 1,277    
Book Value Per Share VND   ... 8,541 9,241 9,502 10,417    
Dividend Per Share VND ... ... ... ... 363 ...    
Price/Earnings (P/E) ... ... ... ... ... ...    
Price/Book Value (P/BV) ... ... ... ... ... ...    
Dividend Yield % ... ... ... ... ... ...    
Earnings Per Share Growth % ... ... ... -18.3 -21.4 202    
Book Value Per Share Growth % ... ... ... 8.19 2.83 9.62    
income statement Unit 2011 2012 2013 2014 2015 2016 2017 2018
income statement                
Interest Income VND bil   6,341 6,127 6,163 6,969 8,908    
Interest Cost VND bil   3,887 3,856 3,872 4,075 4,884    
Net Interest Income VND bil   2,454 2,271 2,291 2,894 4,024    
Net Fee Income VND bil   -144 -184 -306 -268 76.1    
Other Income VND bil   185 280 598 363 7.97    
Total Revenues VND bil   2,495 2,367 2,582 2,989 4,108    
Staff Cost VND bil   ... ... 561 680 1,023    
Depreciation VND bil ... ... ... 106 135 163    
Other Cost VND bil ... ... ... 828 905 994    
Operating Cost VND bil   1,036 1,191 1,494 1,719 2,180    
Operating Profit VND bil   1,458 1,176 1,088 1,271 1,928    
Provisions VND bil   307 283 227 502 492    
Extra and Other Cost VND bil   183 234 342 347 88.1    
Pre-Tax Profit VND bil   968 658 519 421 1,347    
Tax VND bil   99.5 98.1 65.2 72.0 285    
Minorities VND bil   0 0 0 0 0    
Net Profit VND bil   868 560 454 349 1,062    
Dividends VND bil ... ... ... ... 291 ...    
growth rates                
Net Interest Income Growth % ... 19.2 -7.45 0.880 26.3 39.0    
Net Fee Income Growth % ... 257 27.4 66.8 -12.5 -128    
Total Revenue Growth % ... 14.4 -5.11 9.09 15.8 37.4    
Operating Cost Growth % ... 10.3 14.9 25.4 15.0 26.8    
Operating Profit Growth % ... 17.5 -19.4 -7.47 16.8 51.7    
Pre-Tax Profit Growth % ... -10.9 -32.0 -21.2 -18.8 220    
Net Profit Growth % ... -11.1 -35.5 -19.0 -23.0 204    
market share                
Market Share in Revenues %   1.39 1.34 1.40 1.44 1.72 ... ...
Market Share in Net Profit %   3.41 1.87 2.65 1.12 2.58 ... ...
balance sheet Unit 2011 2012 2013 2014 2015 2016 2017 2018
balance sheet                
Cash VND bil   3,399 6,767 1,943 2,366 12,859    
Interbank Loans VND bil   15,400 11,813 9,687 5,423 9,277    
Customer Loans VND bil   22,588 28,954 40,816 55,470 78,706    
Retail Loans VND bil   ... ... ... ... 26,358    
Corporate Loans VND bil   ... ... ... ... 53,188    
Debt Securities VND bil   15,516 22,108 36,577 32,485 33,571    
Fixed Assets VND bil   430 479 1,040 1,110 829    
Intangible Assets VND bil   588 519 491 443 738    
Goodwill VND bil   588 519 450 381 311    
Total Assets VND bil   66,413 79,594 100,802 107,587 141,865    
Shareholders' Equity VND bil   7,391 7,271 7,391 7,601 8,332    
Of Which Minority Interest VND bil   0 0 0 0 ...    
Liabilities VND bil   59,022 72,323 93,411 99,987 133,533    
Interbank Borrowing VND bil   16,282 15,539 12,876 17,480 13,866    
Customer Deposits VND bil   41,337 55,553 77,820 77,629 110,985    
Sight Deposits VND bil   ... ... 15,456 13,461 45,745    
Term Deposits VND bil   ... ... 61,723 63,480 65,002    
Issued Debt Securities VND bil   9.08 46.6 1,108 3,159 6,450    
Other Liabilities VND bil   1,394 1,184 1,606 1,719 2,233    
asset quality                
Non-Performing Loans VND bil   ... ... 577 543 888    
Gross Loans VND bil   ... ... 41,289 56,165 79,676    
Total Provisions VND bil   ... ... 473 695 970    
growth rates                
Customer Loan Growth % ... 78.7 28.2 41.0 35.9 41.9    
Retail Loan Growth % ... ... ... ... ... ...    
Corporate Loan Growth % ... ... ... ... ... ...    
Total Asset Growth % ... 18.3 19.8 26.6 6.73 31.9    
Shareholders' Equity Growth % ... 12.1 -1.62 1.65 2.83 9.62    
Customer Deposit Growth % ... 61.1 34.4 40.1 -0.245 43.0    
market share                
Market Share in Customer Loans %   0.845 0.961 1.22 1.38 1.63   ...
Market Share in Corporate Loans % ... ... ... ... ... 1.10 ... ...
Market Share in Total Assets %   1.38 1.45 1.67 1.54 1.75   ...
Market Share in Customer Deposits %   1.38 1.51 1.82 1.54 1.87   ...
ratios Unit 2011 2012 2013 2014 2015 2016 2017 2018
ratios                
ROE % ... 12.4 7.64 6.19 4.66 13.3    
ROA % ... 1.42 0.768 0.503 0.335 0.852    
Costs (As % Of Assets) % ... 1.69 1.63 1.66 1.65 1.75    
Costs (As % Of Income) %   41.6 50.3 57.9 57.5 53.1    
Net Interest Margin % ... 4.00 3.11 2.54 2.78 3.23    
Interest Spread % ... 3.19 2.52 2.16 2.47 2.96    
Asset Yield % ... 10.3 8.39 6.83 6.69 7.14    
Cost Of Liabilities % ... 7.16 5.87 4.67 4.21 4.18    
Payout Ratio % ... ... ... ... 83.2 ...    
Interest Income (As % Of Revenues) %   98.4 95.9 88.7 96.8 98.0    
Fee Income (As % Of Revenues) %   -5.78 -7.76 -11.9 -8.97 1.85    
Other Income (As % Of Revenues) %   7.42 11.8 23.2 12.2 0.194    
Cost Per Employee USD per month   ... ... 623 650 ...    
Cost Per Employee (Local Currency) VND per month   ... ... 13,227,200 14,075,500 ...    
Staff Cost (As % Of Total Cost) %   ... ... 37.5 39.5 46.9    
Equity (As % Of Assets) %   11.1 9.14 7.33 7.06 5.87    
Loans (As % Of Deposits) %   54.6 52.1 52.4 71.5 70.9    
Loans (As % Assets) %   34.0 36.4 40.5 51.6 55.5    
NPLs (As % Of Loans) %   ... ... 1.40 0.966 1.11    
Provisions (As % Of NPLs) %   ... ... 82.0 128 109    
Provisions (As % Of Loans) %   ... ... 1.16 1.25 1.23    
Cost of Provisions (As % Of Loans) % ... 1.74 1.10 0.650 1.04 0.734    
other data Unit 2011 2012 2013 2014 2015 2016 2017 2018
other data                
Employees   ... ... 3,533 4,023 ...    
Sight (As % Of Customer Deposits) %   ... ... 19.9 17.3 41.2    
Return on Loans % ... 4.93 2.17 1.30 0.726 1.58    
Operating Profit (As % of Loans) % ... 8.28 4.56 3.12 2.64 2.87    
Costs (As % Of Loans) % ... 5.88 4.62 4.28 3.57 3.25    
Equity (As % Of Loans) %   32.7 25.1 18.1 13.7 10.6    

Get all company financials in excel:

Download Sample   $19.99

Lien Viet PostBank's net interest income fell 4.04% yoy to VND 5,016 bil in 2018

By Helgi Analytics - March 1, 2020

Lien Viet PostBank generated total banking revenues of VND 5,401 bil in 2018, down 7.38% 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 5,832 bil in 2017...

Lien Viet PostBank's customer loan growth fell 29.9% yoy to 18.4% in 2018

By Helgi Analytics - March 1, 2020

Lien Viet PostBank's customer loan growth reached 18.4% in 2018, down from 26.3% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 78.7% in 2012 and an all time low of 18.4% in 2018. In the last decade, the a...

Lien Viet PostBank's customer deposits rose 17.4% yoy to VND 130,333 bil in 2017

By Helgi Analytics - March 1, 2020

Lien Viet PostBank's customer deposits reached VND 130,333 bil in 2017, up 17.4% compared to the previous year. Vietnamese banking sector accepted customer deposits of VND 6,810,038 bil in 2017, up 14.6% when compared to the last year. Lien Viet PostBank ...

Lien Viet PostBank's customer loans rose 26.3% yoy to VND 99,392 bil in 2017

By Helgi Analytics - March 1, 2020

Lien Viet PostBank's customer loans reached VND 99,392 bil in 2017, up 26.3% compared to the previous year. Vietnamese banking sector provided customer loans of VND 5,785,712 bil in 2017, up 19.6% when compared to the last year. Lien Viet PostBank account...

Lien Viet PostBank's total revenues rose 37.4% yoy to VND 4,108 bil in 2016

By Helgi Analytics - March 1, 2020

Lien Viet PostBank generated total banking revenues of VND 4,108 bil in 2016, up 37.4% compared to the previous year. Vietnamese banking sector banking sector generated total revenues of VND 238,684,565 mil in 2016, up 14.6% when compared to the last ...

More News

Lien Viet PostBank Logo