Register

Institutional Sign In

Go
Home » Companies » Banking in Vietnam » Vietnam Prosperity Bank

Vietnam Prosperity Bank

Vietnam Prosperity Bank's net profit fell 18.3% yoy to VND 1,982 bil in 4Q2019

By Helgi Library - March 1, 2020

Vietnam Prosperity Bank made a net profit of VND 1,982 bil in the fourth quarter of 2019, down 18.3% when compared to the same pe...

Vietnam Prosperity Bank's npls (as % of loans) fell 2.23% yoy to 3.42% in 4Q2019

By Helgi Library - March 1, 2020

Vietnam Prosperity Bank's non-performing loans reached 3.42% of total loans at the end of 2019-12-31, down from 3.50% compared to...

Vietnam Prosperity Bank's price/earnings (P/E) rose 22.2% yoy to 6.17 in 4Q2019

By Helgi Library - March 1, 2020

Vietnam Prosperity Bank stock traded at VND 20,000 per share at the end fourth quarter of 2019 implying a market capitalization of USD 2,104 ...

Annual Quarterly LTM
Profit Statement Jun 2019 Sep 2019 Dec 2019
Net Interest Income VND bil 7,666 7,980 8,064
Net Fee Income VND bil 489 709 1,028
Other Income VND bil 940 1,081 1,148
Total Revenues VND bil 9,095 9,769 10,239
Staff Cost VND bil 1,857 1,936 6,770
Operating Profit VND bil 5,797 6,559 6,818
Provisions VND bil 3,266 3,523 3,695
Net Profit VND bil 1,336 1,826 1,982
Balance Sheet Jun 2019 Sep 2019 Dec 2019
Interbank Loans VND bil 19,982 16,301 20,098
Customer Loans VND bil 243,518 249,771 253,100
Total Assets VND bil 348,732 358,236 377,214
Shareholders' Equity VND bil 38,208 40,491 42,218
Interbank Borrowing VND bil 75,660 39,505 43,100
Customer Deposits VND bil 197,363 235,603 246,314
Issued Debt Securities VND bil 25,872 30,439 33,315
Ratios Jun 2019 Sep 2019 Dec 2019
ROE % 14.4 18.6 19.2
ROA % 1.59 2.07 2.16
Costs (As % Of Assets) % 3.93 3.63 3.72
Costs (As % Of Income) % 36.3 32.9 33.4
Net Interest Margin % 9.14 9.03 8.77
Loans (As % Of Deposits) % 123 106 103
NPLs (As % Of Loans) % 3.43 3.50 3.42
Provisions (As % Of NPLs) % 48.5 49.6 46.4
Valuation Jun 2019 Sep 2019 Dec 2019
Price/Earnings (P/E) 8.69 7.42 6.17
Price/Book Value (P/BV) 1.22 1.34 1.16
Earnings Per Share (EPS) VND 2,176 2,973 3,241
Book Value Per Share VND 15,552 16,482 17,256

Get all company financials in excel:

Download Sample   $19.99

summary Unit Mar 2016 Jun 2016 Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019
income statement                                
Net Interest Income VND bil                   6,380 6,002 6,513 6,785 7,666    
Total Revenues VND bil                   6,946 8,342 9,644 8,427 9,095    
Operating Profit VND bil                   4,460 5,033 6,612 5,359 5,797    
Net Profit VND bil                   757 1,367 2,426 1,414 1,336    
balance sheet                                
Interbank Loans VND bil                   18,197 6,447 16,572 8,638 19,982    
Customer Loans VND bil                   195,315 196,151 218,395 227,412 243,518    
Debt Securities VND bil                   57,655 65,521 56,320 59,364 55,311    
Total Assets VND bil                   293,112 296,216 323,291 322,080 348,732    
Shareholders' Equity VND bil                   32,989 31,987 34,750 36,180 38,208    
Interbank Borrowing VND bil                   52,140 54,039 52,714 34,139 75,660    
Customer Deposits VND bil                   197,426 197,174 204,232 219,252 197,363    
Issued Debt Securities VND bil                   246 1,826 20,906 21,790 25,872    
ratios                                
ROE % ...                 9.37 16.8 29.1 16.0 14.4    
ROA % ...                 1.05 1.86 3.13 1.75 1.59    
Costs (As % Of Assets) % ...                 3.44 4.49 3.91 3.80 3.93    
Costs (As % Of Income) %                   35.8 39.7 31.4 36.4 36.3    
Net Interest Margin % ...                 8.84 8.15 8.41 8.41 9.14    
Interest Income (As % Of Revenues) %                   91.9 72.0 67.5 80.5 84.3    
Fee Income (As % Of Revenues) %                   1.32 4.79 6.31 8.84 5.37    
Staff Cost (As % Of Total Cost) %                   50.9 54.2 49.0 58.0 56.3    
Equity (As % Of Assets) %                   11.3 10.8 10.7 11.2 11.0    
Loans (As % Of Deposits) %                   98.9 99.5 107 104 123    
Loans (As % Assets) %                   66.6 66.2 67.6 70.6 69.8    
NPLs (As % Of Loans) %                   4.07 4.70 3.50 3.62 3.43    
Provisions (As % Of NPLs) %                   43.9 41.7 45.9 48.3 48.5    
valuation                                
Market Capitalisation (End Of Period) USD mil ... ... ... ... ... ...       3,208 2,823 2,112 2,139 1,993    
Number Of Shares (Average) mil                   2,423 2,457 2,457 2,457 2,457    
Share Price (End Of Period) VND ... ... ... ... ... ...       28,700 26,800 19,950 20,200 18,900    
Earnings Per Share (EPS) VND                   1,250 2,225 3,951 2,303 2,176    
Book Value Per Share VND                   13,615 13,020 14,145 14,727 15,552    
Price/Earnings (P/E) ... ... ... ... ... ...       23.0 12.0 5.05 8.77 8.69    
Price/Book Value (P/BV) ... ... ... ... ... ...       2.11 2.06 1.41 1.37 1.22    
Earnings Per Share Growth % ... ... ... ...           -52.5 -34.9 38.1 -33.0 74.1    
Book Value Per Share Growth % ... ... ... ...           13.2 4.48 15.4 12.8 14.2    
income statement Unit Mar 2016 Jun 2016 Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019
income statement                                
Interest Income VND bil                   9,996 9,955 10,600 11,377 12,114    
Interest Cost VND bil                   3,617 3,952 4,087 4,592 4,448    
Net Interest Income VND bil                   6,380 6,002 6,513 6,785 7,666    
Net Fee Income VND bil                   91.6 400 608 745 489    
Other Income VND bil                   474 1,940 2,523 897 940    
Total Revenues VND bil                   6,946 8,342 9,644 8,427 9,095    
Staff Cost VND bil                   1,264 1,793 1,485 1,781 1,857    
Depreciation VND bil ... ... ... ... ... ... ... ... ... ... ... ... ... ...    
Other Cost VND bil ... ... ... ... ... ... ... ... ... ... ... ... ... ...    
Operating Cost VND bil                   2,485 3,309 3,031 3,068 3,297    
Operating Profit VND bil                   4,460 5,033 6,612 5,359 5,797    
Provisions VND bil                   2,794 2,748 3,059 3,204 3,266    
Extra and Other Cost VND bil                   728 576 516 382 863    
Pre-Tax Profit VND bil                   938 1,709 3,037 1,773 1,669    
Tax VND bil                   181 342 611 359 333    
Minorities VND bil                   0 0 0 0 0    
Net Profit VND bil                   757 1,367 2,426 1,414 1,336    
growth rates                                
Net Interest Income Growth % ... ... ... ...           34.2 11.9 13.8 16.8 20.2    
Net Fee Income Growth % ... ... ... ...           -72.1 -0.766 42.9 45.3 434    
Total Revenue Growth % ... ... ... ...           9.35 23.0 23.8 4.07 30.9    
Operating Cost Growth % ... ... ... ...           8.20 43.2 14.5 23.2 32.7    
Operating Profit Growth % ... ... ... ...           10.0 12.5 28.6 -4.42 30.0    
Pre-Tax Profit Growth % ... ... ... ...           -30.0 -27.9 35.8 -32.0 77.9    
Net Profit Growth % ... ... ... ...           -29.2 -27.9 40.0 -32.0 76.5    
balance sheet Unit Mar 2016 Jun 2016 Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019
balance sheet                                
Cash VND bil                   5,647 9,917 12,684 6,031 9,205    
Interbank Loans VND bil                   18,197 6,447 16,572 8,638 19,982    
Customer Loans VND bil                   195,315 196,151 218,395 227,412 243,518    
Retail Loans VND bil ... ... ...   ... ... ...   ... ... ... 128,504 ... 141,214 ...  
Corporate Loans VND bil ... ... ...   ... ... ...   ... ... ... 93,457 ... 106,418 ...  
Debt Securities VND bil                   57,655 65,521 56,320 59,364 55,311    
Fixed Assets VND bil                   421 426 1,454 1,388 1,411    
Total Assets VND bil                   293,112 296,216 323,291 322,080 348,732    
Shareholders' Equity VND bil                   32,989 31,987 34,750 36,180 38,208    
Of Which Minority Interest VND bil                   0 0 0 0 0    
Liabilities VND bil                   260,124 264,229 288,541 285,900 310,524    
Interbank Borrowing VND bil                   52,140 54,039 52,714 34,139 75,660    
Customer Deposits VND bil                   197,426 197,174 204,232 219,252 197,363    
Sight Deposits VND bil                   17,430 18,393 22,630 17,542 19,783    
Term Deposits VND bil                   179,427 177,962 180,859 201,091 176,808    
Issued Debt Securities VND bil                   246 1,826 20,906 21,790 25,872    
asset quality                                
Non-Performing Loans VND bil                   8,091 9,401 7,766 8,376 8,491    
Gross Loans VND bil                   198,870 200,075 221,962 231,458 247,633    
Total Provisions VND bil                   3,556 3,925 3,567 4,046 4,115    
growth rates                                
Customer Loan Growth % ... ... ... ...           22.5 18.8 21.7 22.5 24.7    
Retail Loan Growth % ... ... ... ... ... ... ...   ... ... ... 9.48 ... ... ...  
Corporate Loan Growth % ... ... ... ... ... ... ...   ... ... ... 43.1 ... ... ...  
Total Asset Growth % ... ... ... ...           17.9 16.7 16.4 13.3 19.0    
Shareholders' Equity Growth % ... ... ... ...           69.0 15.8 17.0 14.4 15.8    
Customer Deposit Growth % ... ... ... ...           7.51 9.37 10.6 12.5 -0.032    
market share                                
Market Share in Customer Loans %         ... ... ... ... ... ... ... ... ... ... ... ...
Market Share in Total Assets %                 ... ... ... ... ... ... ... ...
Market Share in Customer Deposits %         ... ... ... ... ... ... ... ... ... ... ... ...
ratios Unit Mar 2016 Jun 2016 Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019
ratios                                
ROE % ...                 9.37 16.8 29.1 16.0 14.4    
ROA % ...                 1.05 1.86 3.13 1.75 1.59    
Costs (As % Of Assets) % ...                 3.44 4.49 3.91 3.80 3.93    
Costs (As % Of Income) %                   35.8 39.7 31.4 36.4 36.3    
Net Interest Margin % ...                 8.84 8.15 8.41 8.41 9.14    
Interest Spread % ...                 8.21 7.48 7.77 7.71 8.48    
Asset Yield % ...                 13.8 13.5 13.7 14.1 14.4    
Cost Of Liabilities % ...                 5.64 6.03 5.91 6.39 5.97    
Interest Income (As % Of Revenues) %                   91.9 72.0 67.5 80.5 84.3    
Fee Income (As % Of Revenues) %                   1.32 4.79 6.31 8.84 5.37    
Other Income (As % Of Revenues) %                   6.83 23.3 26.2 10.6 10.3    
Cost Per Employee USD per month                   740 1,011 792 943 994    
Cost Per Employee (Local Currency) VND per month                   16,694,600 22,925,900 18,041,200 21,590,900 22,895,500    
Staff Cost (As % Of Total Cost) %                   50.9 54.2 49.0 58.0 56.3    
Equity (As % Of Assets) %                   11.3 10.8 10.7 11.2 11.0    
Loans (As % Of Deposits) %                   98.9 99.5 107 104 123    
Loans (As % Assets) %                   66.6 66.2 67.6 70.6 69.8    
NPLs (As % Of Loans) %                   4.07 4.70 3.50 3.62 3.43    
Provisions (As % Of NPLs) %                   43.9 41.7 45.9 48.3 48.5    
Provisions (As % Of Loans) %                   1.82 2.00 1.63 1.78 1.69    
Cost of Provisions (As % Of Loans) % ...                 5.87 5.62 5.90 5.75 5.55    
other data Unit Mar 2016 Jun 2016 Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019
other data                                
Employees                   25,235 26,065 27,429 27,490 27,037    
Sight (As % Of Customer Deposits) %                   8.83 9.33 11.1 8.00 10.0    
Return on Loans % ...                 3.39 3.03 3.20 2.68 2.78    
Operating Profit (As % of Loans) % ... ... ...             10.3 10.3 10.5 9.63 9.68    
Costs (As % Of Loans) % ...                 5.48 5.78 5.69 5.68 5.74    
Equity (As % Of Loans) %                   16.9 16.3 15.9 15.9 15.7    

Get all company financials in excel:

Download Sample   $19.99

Vietnam Prosperity Bank's net interest margin rose 4.30% yoy to 8.77% in 4Q2019

By Helgi Library - March 1, 2020

Vietnam Prosperity Bank's net interest margin amounted to 8.77% in the fourth quarter of 2019, down from 9.03% when compared to the previous quarter. Historically, the bank’s net interest margin reached an all time high of 9.14% in 2Q2019 and an all time low...

Vietnam Prosperity Bank's market capitalisation (end of period) fell 0.370% yoy to USD 2,104 mil in 4Q2019

By Helgi Library - March 1, 2020

Vietnam Prosperity Bank stock traded at VND 20,000 per share at the end of fourth quarter of 2019 implying a market capitalization of USD 2,104 mil. Over the last five years, the stock has appreciated by 0 implying an annual average growth of 0% In absolu...

Vietnam Prosperity Bank's net interest income rose 23.8% yoy to VND 8,064 bil in 4Q2019

By Helgi Library - March 1, 2020

Vietnam Prosperity Bank generated total banking revenues of VND 10,239 bil in the fourth quarter of 2019, up 6.17% when compared to the same period of last year and 4.81% when compared to the previous quarter. Historically, the bank’s revenues containing of i...

Vietnam Prosperity Bank's customer loan growth fell 26.6% yoy to 15.9% in 4Q2019

By Helgi Library - March 1, 2020

Vietnam Prosperity Bank's customer loan growth reached 15.9% in 2019-12-31, down from 21.7% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 37.1% in 2017-06-30 and an all time low of 15.9% in 2019-12-31. In...

Vietnam Prosperity Bank's equity (as % of assets) rose 4.12% yoy to 11.2% in 4Q2019

By Helgi Library - March 1, 2020

Vietnam Prosperity Bank's Equity reached 11.2% of total assets in the 4Q2019, up from 10.7% for the previous year. As a share of net customer loans, the ratio amounted to 16.7% at the end of the fourth quarter of 2019. ...

Vietnam Prosperity Bank's net profit fell 10.1% yoy to VND 6,559 bil in 2019

By Helgi Library - March 1, 2020

Vietnam Prosperity Bank made a net profit of VND 6,559 bil under revenues of VND 37,530 bil in 2019, up -10.1% and 10.7% respectively compared to the previous year. Historically, the bank’s net profit reached an all time high of VND 7,294 bil in 2018 and an all time low ...

Vietnam Prosperity Bank's net interest margin rose 5.92% yoy to 8.71% in 2019

By Helgi Library - March 1, 2020

Vietnam Prosperity Bank's net interest margin amounted to 8.71% in 2019, up from 8.22% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 8.71% in 2019 and an all time low of 2.50% in 2010. The averag...

Vietnam Prosperity Bank's npls (as % of loans) fell 2.23% yoy to 3.42% in 2019

By Helgi Library - March 1, 2020

Vietnam Prosperity Bank's non-performing loans reached 3.42% of total loans at the end of 2019, down from 3.50% compared to the previous year. Historically, the NPL ratio hit an all time high of 3.50% in 2018 and an all time low of 1.82% in 2011. Provision ...

Vietnam Prosperity Bank's net interest income rose 23.4% yoy to VND 30,495 bil in 2019

By Helgi Library - March 1, 2020

Vietnam Prosperity Bank generated total banking revenues of VND 37,530 bil in 2019, up 10.7% 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 37,530 bil in...

Vietnam Prosperity Bank's customer loan growth fell 26.6% yoy to 15.9% in 2019

By Helgi Library - March 1, 2020

Vietnam Prosperity Bank's customer loan growth reached 15.9% in 2019, down from 21.7% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 303% in 2007 and an all time low of -2.88% in 2008. In the last decade, ...

More News

Vietnam Prosperity Bank Logo

Finance

Vietnam Prosperity Bank has been growing its revenues and asset by 40.3% and 18.2% a year on average in the last 5 years. Its loans and deposits have grown by 26.8% and 17.8% a year during that time and loans to deposits ratio reached 103% at the end of 2019. The company achieved an average return on equity of 22.6% in the last five years with net profit growing 38.7% a year on average. In terms of operating efficiency, its cost to income ratio reached 34.6% in 2019, compared to 37.2% average in the last five years.

Equity represented 11.2% of total assets or 16.7% of loans at the end of 2019. Vietnam Prosperity Bank's non-performing loans were 3.42% of total loans while provisions covered some 46.4% of NPLs at the end of 2019.

Valuation

Vietnam Prosperity Bank stock traded at VND 20,000 per share at the end of 2019 resulting in a market capitalization of USD 2,104 mil. Over the previous three years, stock price rose by 0% or 0% a year on average. That’s compared to an average ROE of 22.1% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of 7.46x and price to book value (PBV) of 1.16x in 2019.

More Companies in Vietnamese Banking Sector

Helgi Library
Eliášova 38, Prague 6, 160 00, Czech Republic
Copyright © 2024 Helgi Library. All rights reserved.