By Helgi Analytics - March 1, 2020
MBBank made a net profit of VND 1,870 bil in the fourth quarter of 2019, up 35.9% when compared to the same period of last year. ...
By Helgi Analytics - March 4, 2020
MBBank's non-performing loans reached 1.13% of total loans at the end of 2019-12-31, down from 1.33% compared to the previous yea...
By Helgi Analytics - March 1, 2020
MBBank's net interest margin amounted to 4.85% in the fourth quarter of 2019, up from 4.60% when compared to the previous quarte...
| Profit Statement | 2017 | 2018 | 2019 | |
| Net Interest Income | VND bil | 11,281 | 14,624 | 18,078 |
| Net Fee Income | VND bil | 1,131 | 2,561 | 3,186 |
| Other Income | VND bil | 4,071 | 6,413 | 6,621 |
| Total Revenues | VND bil | 16,483 | 23,599 | 27,885 |
| Staff Cost | VND bil | 3,204 | 4,968 | 6,064 |
| Operating Profit | VND bil | 9,960 | 13,961 | 18,162 |
| Provisions | VND bil | 3,252 | 3,035 | 4,891 |
| Net Profit | VND bil | 3,520 | 6,113 | 7,823 |
| Balance Sheet | 2017 | 2018 | 2019 | |
| Interbank Loans | VND bil | 53,497 | 45,062 | 39,691 |
| Customer Loans | VND bil | 182,062 | 211,475 | 247,130 |
| Total Assets | VND bil | 313,878 | 362,325 | 411,488 |
| Shareholders' Equity | VND bil | 29,601 | 34,173 | 39,886 |
| Interbank Borrowing | VND bil | 47,765 | 59,215 | 61,089 |
| Customer Deposits | VND bil | 220,176 | 244,007 | 272,710 |
| Issued Debt Securities | VND bil | 6,504 | 11,324 | 15,833 |
| Ratios | 2017 | 2018 | 2019 | |
| ROE | % | 12.5 | 19.2 | 21.1 |
| ROA | % | 1.23 | 1.81 | 2.02 |
| Costs (As % Of Assets) | % | 2.29 | 2.85 | 2.51 |
| Costs (As % Of Income) | % | 39.6 | 40.8 | 34.9 |
| Capital Adequacy Ratio | % | 12.0 | ... | ... |
| Net Interest Margin | % | 3.96 | 4.33 | 4.67 |
| Loans (As % Of Deposits) | % | 82.7 | 86.7 | 90.6 |
| NPLs (As % Of Loans) | % | 1.20 | 1.33 | 1.13 |
| Provisions (As % Of NPLs) | % | 95.9 | 112 | 113 |
| Valuation | 2017 | 2018 | 2019 | |
| Price/Earnings (P/E) | 13.0 | 6.88 | 5.78 | |
| Price/Book Value (P/BV) | 1.55 | 1.23 | 1.13 | |
| Dividend Yield | % | 2.36 | 3.08 | ... |
| Earnings Per Share (EPS) | VND | 1,520 | 2,619 | 3,596 |
| Book Value Per Share | VND | 12,783 | 14,646 | 18,336 |
| Dividend Per Share | VND | 467 | 556 | ... |
Get all company financials in excel:
| summary | Unit | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| income statement | |||||||||||||||
| Net Interest Income | VND bil | 6,186 | 6,611 | 7,410 | 8,081 | 11,281 | |||||||||
| Total Revenues | VND bil | 7,915 | 8,757 | 9,756 | 10,613 | 16,483 | |||||||||
| Operating Profit | VND bil | 5,139 | 5,643 | 6,307 | 6,296 | 9,960 | |||||||||
| Net Profit | VND bil | 2,276 | 2,476 | 2,496 | 2,912 | 3,520 | |||||||||
| balance sheet | |||||||||||||||
| Interbank Loans | VND bil | 26,787 | 21,415 | 28,659 | 26,953 | 53,497 | |||||||||
| Customer Loans | VND bil | 85,973 | 98,106 | 119,372 | 148,687 | 182,062 | |||||||||
| Debt Securities | VND bil | ... | ... | 51,327 | 62,608 | 51,771 | 55,095 | 54,509 | |||||||
| Total Assets | VND bil | 180,381 | 200,489 | 221,042 | 256,258 | 313,878 | |||||||||
| Shareholders' Equity | VND bil | 15,707 | 17,148 | 23,183 | 26,588 | 29,601 | |||||||||
| Interbank Borrowing | VND bil | 19,164 | 2,496 | 6,894 | 24,486 | 47,765 | |||||||||
| Customer Deposits | VND bil | 136,089 | 167,609 | 181,645 | 194,849 | 220,176 | |||||||||
| Issued Debt Securities | VND bil | 4,437 | 4,333 | 4,715 | 2,816 | 6,504 | |||||||||
| ratios | |||||||||||||||
| ROE | % | ... | 15.6 | 15.1 | 12.4 | 11.7 | 12.5 | ||||||||
| ROA | % | ... | 1.28 | 1.30 | 1.18 | 1.22 | 1.23 | ||||||||
| Costs (As % Of Assets) | % | ... | 1.56 | 1.64 | 1.64 | 1.81 | 2.29 | ||||||||
| Costs (As % Of Income) | % | 35.1 | 35.6 | 35.4 | 40.7 | 39.6 | |||||||||
| Capital Adequacy Ratio | % | ... | ... | ... | ... | ... | 11.0 | 10.1 | ... | 12.5 | 12.0 | ... | ... | ||
| Net Interest Margin | % | ... | 3.48 | 3.47 | 3.52 | 3.39 | 3.96 | ||||||||
| Interest Income (As % Of Revenues) | % | 78.2 | 75.5 | 76.0 | 76.1 | 68.4 | |||||||||
| Fee Income (As % Of Revenues) | % | 9.33 | 10.9 | 5.57 | 6.43 | 6.86 | |||||||||
| Staff Cost (As % Of Total Cost) | % | 45.7 | 48.1 | 48.1 | 52.4 | 49.1 | |||||||||
| Equity (As % Of Assets) | % | 8.71 | 8.55 | 10.5 | 10.4 | 9.43 | |||||||||
| Loans (As % Of Deposits) | % | 63.2 | 58.5 | 65.7 | 76.3 | 82.7 | |||||||||
| Loans (As % Assets) | % | 47.7 | 48.9 | 54.0 | 58.0 | 58.0 | |||||||||
| NPLs (As % Of Loans) | % | ... | ... | 2.45 | 2.73 | 1.61 | 1.32 | 1.20 | |||||||
| Provisions (As % Of NPLs) | % | ... | ... | 82.5 | 89.7 | 101 | 103 | 95.9 | |||||||
| valuation | |||||||||||||||
| Market Capitalisation (End Of Period) | USD mil | ... | ... | ... | ... | ... | 678 | 710 | 1,039 | 1,053 | 2,031 | ||||
| Number Of Shares (Average) | mil | 1,595 | 1,692 | 1,859 | 2,291 | 2,316 | |||||||||
| Share Price (End Of Period) | VND | ... | ... | ... | ... | ... | 8,449 | 8,976 | 10,304 | 10,375 | 19,764 | ||||
| Earnings Per Share (EPS) | VND | 1,427 | 1,464 | 1,342 | 1,271 | 1,520 | |||||||||
| Book Value Per Share | VND | 9,847 | 10,135 | 12,468 | 11,606 | 12,783 | |||||||||
| Dividend Per Share | VND | ... | ... | ... | 532 | 480 | ... | 445 | 467 | ... | |||||
| Price/Earnings (P/E) | ... | ... | ... | ... | ... | 5.92 | 6.13 | 7.68 | 8.16 | 13.0 | |||||
| Price/Book Value (P/BV) | ... | ... | ... | ... | ... | 0.858 | 0.886 | 0.826 | 0.894 | 1.55 | |||||
| Dividend Yield | % | ... | ... | ... | ... | ... | 6.30 | 5.34 | ... | 4.29 | 2.36 | ... | |||
| Earnings Per Share Growth | % | ... | -10.7 | 2.57 | -8.28 | -5.29 | 19.5 | ||||||||
| Book Value Per Share Growth | % | ... | 4.98 | 2.92 | 23.0 | -6.91 | 10.1 |
| income statement | Unit | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| income statement | |||||||||||||||
| Interest Income | VND bil | 13,518 | 13,220 | 13,629 | 15,655 | 19,934 | |||||||||
| Interest Cost | VND bil | 7,332 | 6,609 | 6,219 | 7,574 | 8,653 | |||||||||
| Net Interest Income | VND bil | 6,186 | 6,611 | 7,410 | 8,081 | 11,281 | |||||||||
| Net Fee Income | VND bil | 739 | 950 | 544 | 683 | 1,131 | |||||||||
| Other Income | VND bil | 989 | 1,196 | 1,802 | 1,849 | 4,071 | |||||||||
| Total Revenues | VND bil | 7,915 | 8,757 | 9,756 | 10,613 | 16,483 | |||||||||
| Staff Cost | VND bil | 1,268 | 1,497 | 1,660 | 2,262 | 3,204 | |||||||||
| Depreciation | VND bil | ... | ... | ... | 200 | 243 | 242 | 253 | 267 | ||||||
| Other Cost | VND bil | ... | ... | ... | 1,308 | 1,374 | 1,547 | 1,802 | 3,052 | ||||||
| Operating Cost | VND bil | 2,776 | 3,114 | 3,449 | 4,317 | 6,523 | |||||||||
| Operating Profit | VND bil | 5,139 | 5,643 | 6,307 | 6,296 | 9,960 | |||||||||
| Provisions | VND bil | 1,892 | 2,019 | 2,102 | 2,030 | 3,252 | |||||||||
| Extra and Other Cost | VND bil | 225 | 450 | 984 | 615 | 2,092 | |||||||||
| Pre-Tax Profit | VND bil | 3,022 | 3,174 | 3,221 | 3,651 | 4,616 | |||||||||
| Tax | VND bil | 736 | 671 | 709 | 767 | 1,125 | |||||||||
| Minorities | VND bil | 9.75 | 27.0 | 16.1 | -28.3 | -29.2 | |||||||||
| Net Profit | VND bil | 2,276 | 2,476 | 2,496 | 2,912 | 3,520 | |||||||||
| Dividends | VND bil | ... | ... | ... | 901 | 812 | ... | 1,028 | 1,089 | ... | |||||
| growth rates | |||||||||||||||
| Net Interest Income Growth | % | ... | -7.86 | 6.87 | 12.1 | 9.05 | 39.6 | ||||||||
| Net Fee Income Growth | % | ... | 0.826 | 28.6 | -42.8 | 25.5 | 65.6 | ||||||||
| Total Revenue Growth | % | ... | -0.659 | 10.6 | 11.4 | 8.79 | 55.3 | ||||||||
| Operating Cost Growth | % | ... | 2.94 | 12.2 | 10.8 | 25.2 | 51.1 | ||||||||
| Operating Profit Growth | % | ... | -2.50 | 9.81 | 11.8 | -0.173 | 58.2 | ||||||||
| Pre-Tax Profit Growth | % | ... | -2.20 | 5.04 | 1.47 | 13.3 | 26.4 | ||||||||
| Net Profit Growth | % | ... | -1.30 | 8.79 | 0.809 | 16.7 | 20.9 | ||||||||
| market share | |||||||||||||||
| Market Share in Revenues | % | ... | ... | 4.48 | 4.74 | 4.69 | 4.45 | ... | ... | ... | |||||
| Market Share in Net Profit | % | ... | ... | 7.58 | 14.5 | 8.01 | 7.07 | ... | ... | ... | |||||
| Market Share in Branches | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| balance sheet | Unit | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| balance sheet | |||||||||||||||
| Cash | VND bil | 4,650 | 7,301 | 9,418 | 11,522 | 8,526 | |||||||||
| Interbank Loans | VND bil | 26,787 | 21,415 | 28,659 | 26,953 | 53,497 | |||||||||
| Customer Loans | VND bil | 85,973 | 98,106 | 119,372 | 148,687 | 182,062 | |||||||||
| Retail Loans | VND bil | ... | ... | ... | 12,511 | 20,782 | 31,279 | 45,657 | 60,865 | ||||||
| Corporate Loans | VND bil | ... | ... | ... | 74,404 | 78,351 | 88,057 | 102,186 | 120,186 | ||||||
| Debt Securities | VND bil | ... | ... | 51,327 | 62,608 | 51,771 | 55,095 | 54,509 | |||||||
| Fixed Assets | VND bil | 1,545 | 1,620 | 1,577 | 2,374 | 2,444 | |||||||||
| Intangible Assets | VND bil | ... | ... | 293 | 308 | 354 | 169 | 236 | |||||||
| Goodwill | VND bil | ... | ... | ... | 0 | 0 | 0 | 84.8 | 75.4 | ||||||
| Total Assets | VND bil | 180,381 | 200,489 | 221,042 | 256,258 | 313,878 | |||||||||
| Shareholders' Equity | VND bil | 15,707 | 17,148 | 23,183 | 26,588 | 29,601 | |||||||||
| Of Which Minority Interest | VND bil | ... | 559 | 587 | 590 | 1,237 | 1,431 | ||||||||
| Liabilities | VND bil | 164,674 | 183,341 | 197,859 | 229,670 | 284,277 | |||||||||
| Interbank Borrowing | VND bil | 19,164 | 2,496 | 6,894 | 24,486 | 47,765 | |||||||||
| Customer Deposits | VND bil | 136,089 | 167,609 | 181,645 | 194,849 | 220,176 | |||||||||
| Sight Deposits | VND bil | 39,261 | 37,627 | 56,548 | 66,096 | 66,297 | |||||||||
| Term Deposits | VND bil | 73,131 | 99,647 | 106,992 | 118,571 | 132,801 | |||||||||
| Issued Debt Securities | VND bil | 4,437 | 4,333 | 4,715 | 2,816 | 6,504 | |||||||||
| Other Liabilities | VND bil | 4,984 | 8,903 | 4,605 | 7,520 | 9,832 | |||||||||
| asset quality | |||||||||||||||
| Non-Performing Loans | VND bil | ... | ... | 2,146 | 2,745 | 1,950 | 1,987 | 2,218 | |||||||
| Gross Loans | VND bil | ... | ... | 87,743 | 100,569 | 121,349 | 150,738 | 184,188 | |||||||
| Total Provisions | VND bil | ... | ... | 1,770 | 2,463 | 1,976 | 2,050 | 2,126 | |||||||
| growth rates | |||||||||||||||
| Customer Loan Growth | % | ... | 17.5 | 14.1 | 21.7 | 24.6 | 22.4 | ||||||||
| Retail Loan Growth | % | ... | ... | ... | ... | 36.4 | 66.1 | 50.5 | 46.0 | 33.3 | |||||
| Corporate Loan Growth | % | ... | ... | ... | ... | 17.5 | 5.30 | 12.4 | 16.0 | 17.6 | |||||
| Total Asset Growth | % | ... | 2.72 | 11.1 | 10.3 | 15.9 | 22.5 | ||||||||
| Shareholders' Equity Growth | % | ... | 16.1 | 9.18 | 35.2 | 14.7 | 11.3 | ||||||||
| Customer Deposit Growth | % | ... | 14.6 | 23.2 | 8.37 | 7.27 | 13.0 | ||||||||
| market share | |||||||||||||||
| Market Share in Customer Loans | % | 2.85 | 2.94 | 2.97 | 3.07 | 3.15 | ... | ... | |||||||
| Market Share in Corporate Loans | % | ... | ... | ... | ... | ... | ... | 2.47 | 2.35 | 2.19 | 2.11 | ... | ... | ... | |
| Market Share in Total Assets | % | 3.30 | 3.32 | 3.17 | 3.15 | 3.25 | ... | ... | |||||||
| Market Share in Customer Deposits | % | 3.69 | 3.92 | 3.60 | 3.28 | 3.23 | ... | ... |
| ratios | Unit | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| ratios | |||||||||||||||
| ROE | % | ... | 15.6 | 15.1 | 12.4 | 11.7 | 12.5 | ||||||||
| ROA | % | ... | 1.28 | 1.30 | 1.18 | 1.22 | 1.23 | ||||||||
| Costs (As % Of Assets) | % | ... | 1.56 | 1.64 | 1.64 | 1.81 | 2.29 | ||||||||
| Costs (As % Of Income) | % | 35.1 | 35.6 | 35.4 | 40.7 | 39.6 | |||||||||
| Capital Adequacy Ratio | % | ... | ... | ... | ... | ... | 11.0 | 10.1 | ... | 12.5 | 12.0 | ... | ... | ||
| Net Interest Margin | % | ... | 3.48 | 3.47 | 3.52 | 3.39 | 3.96 | ||||||||
| Interest Spread | % | ... | 3.11 | 3.14 | 3.20 | 3.02 | 3.63 | ||||||||
| Asset Yield | % | ... | 7.59 | 6.94 | 6.47 | 6.56 | 6.99 | ||||||||
| Cost Of Liabilities | % | ... | 4.49 | 3.80 | 3.26 | 3.54 | 3.37 | ||||||||
| Payout Ratio | % | ... | ... | ... | 39.6 | 32.8 | ... | 35.3 | 30.9 | ... | |||||
| Interest Income (As % Of Revenues) | % | 78.2 | 75.5 | 76.0 | 76.1 | 68.4 | |||||||||
| Fee Income (As % Of Revenues) | % | 9.33 | 10.9 | 5.57 | 6.43 | 6.86 | |||||||||
| Other Income (As % Of Revenues) | % | 12.5 | 13.7 | 18.5 | 17.4 | 24.7 | |||||||||
| Cost Per Employee | USD per month | ... | ... | ... | 820 | 846 | 819 | 803 | 910 | ||||||
| Cost Per Employee (Local Currency) | VND per month | ... | ... | ... | 17,236,500 | 17,973,000 | 17,713,900 | 17,687,800 | 20,388,300 | ||||||
| Staff Cost (As % Of Total Cost) | % | 45.7 | 48.1 | 48.1 | 52.4 | 49.1 | |||||||||
| Equity (As % Of Assets) | % | 8.71 | 8.55 | 10.5 | 10.4 | 9.43 | |||||||||
| Loans (As % Of Deposits) | % | 63.2 | 58.5 | 65.7 | 76.3 | 82.7 | |||||||||
| Loans (As % Assets) | % | 47.7 | 48.9 | 54.0 | 58.0 | 58.0 | |||||||||
| NPLs (As % Of Loans) | % | ... | ... | 2.45 | 2.73 | 1.61 | 1.32 | 1.20 | |||||||
| Provisions (As % Of NPLs) | % | ... | ... | 82.5 | 89.7 | 101 | 103 | 95.9 | |||||||
| Provisions (As % Of Loans) | % | ... | ... | 2.06 | 2.51 | 1.66 | 1.38 | 1.17 | |||||||
| Cost of Provisions (As % Of Loans) | % | ... | 2.38 | 2.19 | 1.93 | 1.51 | 1.97 |
| other data | Unit | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| other data | |||||||||||||||
| Branches | ... | ... | ... | ... | ... | ... | ... | ... | ... | 268 | 286 | ... | ... | ||
| Employees | ... | ... | ... | 6,128 | 6,939 | 7,810 | 10,656 | 13,094 | |||||||
| Sight (As % Of Customer Deposits) | % | 28.8 | 22.4 | 31.1 | 33.9 | 30.1 | |||||||||
| Return on Loans | % | ... | 2.86 | 2.69 | 2.30 | 2.17 | 2.13 | ||||||||
| Operating Profit (As % of Loans) | % | ... | 6.46 | 6.13 | 5.80 | 4.70 | 6.02 | ||||||||
| Costs (As % Of Loans) | % | ... | 3.49 | 3.38 | 3.17 | 3.22 | 3.94 | ||||||||
| Equity (As % Of Loans) | % | 18.3 | 17.5 | 19.4 | 17.9 | 16.3 |
Get all company financials in excel:
By Helgi Analytics - March 1, 2020
MBBank's customer deposits reached VND 194,849 bil in 2016-12-31, up 4.11% compared to the previous year. Vietnamese banking sector accepted customer deposits of VND 5,860,000 bil in 2016-12-31, up 0.518% when compared to the last year. MBBank accounted f...
By Helgi Analytics - March 1, 2020
MBBank stock traded at VND 20,800 per share at the end of fourth quarter of 2019 implying a market capitalization of USD 2,087 mil. Over the last five years, the stock has appreciated by 132 implying an annual average growth of 18.3% In absolute terms, th...
By Helgi Analytics - March 1, 2020
MBBank generated total banking revenues of VND 7,839 bil in the fourth quarter of 2019, down 2.49% when compared to the same period of last year and up 6.7% when compared to the previous quarter. Historically, the bank’s revenues containing of int...
By Helgi Analytics - March 1, 2020
MBBank stock traded at VND 20,800 per share at the end fourth quarter of 2019 implying a market capitalization of USD 2,087 mil. Since the end of 4Q2014, the stock has appreciated by 132 % implying an annual average growth of 18.3 %. In absolute terms, the value of th...
By Helgi Analytics - March 1, 2020
MBBank's customer loan growth reached 16.9% in 2019-12-31, up from 16.2% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 28.1% in 2018-03-31 and an all time low of 13.8% in 2015-03-31. In the last decade, t...
By Helgi Analytics - March 1, 2020
MBBank's Equity reached 9.69% of total assets in the 4Q2019, up from 9.43% for the previous year. As a share of net customer loans, the ratio amounted to 16.1% at the end of the fourth quarter of 2019. ...
By Helgi Analytics - March 1, 2020
MBBank made a net profit of VND 7,823 bil under revenues of VND 27,885 bil in 2019, up 28.0% and 18.2% respectively compared to the previous year. Historically, the bank’s net profit reached an all time high of VND 7,823 bil in 2019 and an all time low of VND 219 bil...
By Helgi Analytics - March 1, 2020
MBBank's net interest margin amounted to 4.67% in 2019, up from 4.33% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 4.67% in 2019 and an all time low of 3.09% in 2007. The average margin in the l...
By Helgi Analytics - March 1, 2020
MBBank's non-performing loans reached 1.13% of total loans at the end of 2019, down from 1.33% compared to the previous year. Historically, the NPL ratio hit an all time high of 2.73% in 2014 and an all time low of 1.13% in 2019. Provision coverage amounted...
By Helgi Analytics - March 1, 2020
MBBank generated total banking revenues of VND 27,885 bil in 2019, up 18.2% 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 27,885 bil in 2019 and an all ...
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