Published Date: 18/11/2024
- Despite of high earnings growth in 9M2024, we anticipate that VPB is likely to achieve approximate 83% the full year’s plan.
- NPL and group 2 ratios are expected to reach 4.8% and 6.5% at the end of 2024, slightly down compared to last year.
- We maintained ADD recommendation for VPB but reduced target price down to 22,150 VND/share due to lowering estimate of PAT in 2025.
