TPBank is off to an impressive start in 2025

TPBank is off to an impressive start in 2025 with strong business results. In just the first two months of the year, the bank's pre-tax profit reached nearly VND1,430 billion, reflecting strong growth momentum and an effective business strategy.

TPBank's profit reaches nearly VND 1,430 billion after the first 2 months of 2025

Tien Phong Commercial Joint Stock Bank - TPBank (code TPB) has just quickly updated its business results in the first two months of 2025 with pre-tax profit reaching nearly VND 1,430 billion. According to forecasts, TPBank will continue to maintain strong growth momentum with expected profit reaching VND 2,100 billion by the end of the first quarter of 2025, equivalent to a growth rate of 14.8% over the same period last year. This growth momentum comes from expanding business operations, optimizing financial efficiency and effectively controlling costs.

TPBank's total operating income continued to grow impressively, reaching over VND2,800 billion in the first two months of the year and is expected to reach VND4,300 billion by the end of the first quarter. This reflects not only the expansion of scale but also TPBank's outstanding revenue optimization capacity.

Outstanding customer loans also recorded significant growth, reaching VND263,920 billion and are forecast to reach about VND269,000 billion by the end of the first quarter. The strong recovery of credit demand, combined with the strategy of focusing on key sectors, has helped TPBank consolidate its position in the retail banking sector.

With a CASA ratio maintained above 20%, TPBank continues to ensure low-cost capital mobilization, contributing to improving operational efficiency and stable profitability. At the same time, the capital adequacy ratio (CAR) remains above 13%, affirming financial stability and tight risk control.

Strong growth prospects in 2025

In a newly published report, analysts from MBS Securities Company assessed that TPBank is possessing a great advantage thanks to its leading position in the digital banking segment, helping to expand access to young customers and increase credit growth.

In 2025, TPBank's credit growth is forecast to reach 16% thanks to its focus on the high-income customer segment, millennials and business households with two key products: auto loans and home mortgage loans.

At the same time, the bank's credit growth may remain at 17% in 2026, while TPB will boost its retail lending segment thanks to increased consumer demand and recovering personal income.

The bank's NIM is expected to improve by 3 basis points this year to 3.54%, thanks to higher net interest margins due to the ability to pass on interest expenses to customers amid a strong recovery in retail credit demand.

With all the above drivers, MBS experts forecast that TPBank can achieve pre-tax profit of VND9,116 billion for the whole year of 2025, up 20% compared to the results achieved in 2024.

On April 24, TPBank will hold its 2025 Annual General Meeting of Shareholders in Hanoi. The meeting will focus on discussing 2024 business results, 2025 growth plans, and important strategic issues to maintain the bank's strong growth momentum.

With its achievements and positive growth prospects, TPBank is affirming its solid position in the banking industry, ready to make a strong breakthrough in the coming time.