TPBank aims to achieve profits exceeding 10 trillion VND by 2026.

According to the newly released documents for the 2026 Annual General Meeting of Shareholders, Tien Phong Commercial Bank (TPBank - Code: TPB) aims for a consolidated pre-tax profit of VND 10,300 billion in 2026, a 12% increase compared to the previous year. The bank's individual profit is targeted at VND 10,000 billion, a 10% increase.

As of the end of 2025, 11 banks had recorded consolidated pre-tax profits exceeding VND 10,000 billion. TPBank and VIB were two banks with profits close to VND 9,000 billion, both exceeding VND 9,000 billion.

In addition, credit growth is projected at 15%, bringing total outstanding loans to VND 360,000 billion, while deposit growth is expected to reach 16%, with total customer deposits and securities reaching VND 391,000 billion. The consolidated total assets target 600,000 billion VND, a 19% increase compared to the previous year.

The non-performing loan ratio will be controlled below 2.5%, with the target for 2025 (according to audited financial statements) being 0.96%.

The bank's management assesses that 2026 will present many difficulties and challenges. Credit growth will be closely monitored and controlled from the beginning of the year, with increased control over credit to the real estate sector by regulatory authorities.

At the same time, potential risks are increasing from areas/markets that have experienced rapid growth recently, and fraud, deception, and high-tech crimes are becoming increasingly sophisticated and complex.

The global situation from the beginning of 2026 has been very complex and unpredictable, with increasingly fierce strategic competition among major powers and escalating conflicts in several regions, especially the Middle East, significantly impacting global energy supply chains and prices.

In the context of the global economic and political situation, which is predicted to still present many risks, difficulties, and challenges, the Board of Directors respectfully requests the General Meeting of Shareholders to authorize the Board of Directors to proactively adjust the above-mentioned business plan targets for 2026 (if necessary) to suit macroeconomic developments, market conditions, and the actual situation.

In addition to the annual business plan, TPBank's general meeting this year will also approve several important issues, including the establishment of a wholly-owned subsidiary bank at VIFC (Ho Chi Minh City), the dismissal of one Board member, and the election of two additional members for the 2023-2028 term.

Accordingly, TPBank is studying the option of establishing a subsidiary bank with a charter capital of approximately VND 3,000 billion within the framework of the Vietnam International Finance Corporation (VIFC).

This direction is expected to help the bank leverage the center's unique mechanisms to test new financial models, expand operations in international finance, fintech, and cross-border services, thereby creating more room for long-term growth.

Details of the proposals regarding profit distribution, dividend payments, and charter capital increase have not yet been released.