TPBank reveals 6-month business results, foreign investors continuously net buy TPB shares

TPBank's credit growth in the first 6 months of the year was impressive, reaching nearly 11.7%. Recently, TPB shares recorded positive developments and significant buying power from foreign capital flows.

Positive business results

TPBank recently revealed its business results, stating that in the first 6 months of the year, the bank continued to record positive growth with pre-tax profit expected to reach over VND 4,100 billion, up more than 12% over the same period. Credit growth reached nearly 11.7%, focusing mainly on retail, controlled real estate and consumer finance - areas that bring high net profit margins. The bank maintains safe operations, complies with regulations on liquidity, capital safety ratio and reasonable credit growth. At the same time, TPBank continuously invests in expanding the digital ecosystem to improve customer experience and increase labor productivity.

In the second quarter of 2025, the bank also completed the payment of cash dividends at a rate of 10% in May 2025. According to the plan, in addition to paying cash dividends, the bank also plans to issue more than 132 million shares to pay dividends this year, equivalent to a rate of 5%. After the issuance, TPBank's charter capital is expected to increase to more than VND 27,740 billion. All capital is drawn from undistributed profits after auditing until December 31, 2024.

Previously, the bank has maintained the dividend policy for many years. TPBank's leaders have repeatedly affirmed that the ability to generate stable profits and the commitment to long-term companionship with shareholders are the foundations that help the bank continuously pay dividends, increasing value for shareholders.

TPB shares increase sharply, foreign investors increase net buying

On the stock market, TPB shares of TPBank are one of the bank codes with remarkable developments recently. In the first 2 weeks of July, TPB shares increased by 10%, closing on July 15 at VND 14,750/share. And compared to the bottom on April 9, TPB shares increased by 35%.

The shares of the "purple bank" had a series of exciting trading sessions, especially the session on July 9 witnessed an impressive breakthrough of TPB when it increased by 6.79%, accompanied by a matching volume of 62 million units, equivalent to a trading value of more than VND 900 billion, the highest in more than 3 months.

Notably, TPB shares witnessed persistent net buying from foreign investors with 8 consecutive net buying sessions. Since the beginning of July, foreign investors have net bought more than 28 million TPB shares, worth more than VND400 billion, making it one of the bank codes that foreign investors have collected the most in the context of the recovery of the Vietnamese stock market and a marked improvement in investor sentiment.

Currently, TPB shares are trading at a P/B ratio of only 0.91 times - much lower than the average of the listed private banking group. According to a recent analysis report, Ho Chi Minh City Securities Corporation (HSC) continues to recommend increasing the proportion of TPB shares in the long-term investment portfolio, saying that the current valuation is too cautious compared to the bank's real potential.

Meanwhile, MBS Research maintains its positive assessment and sets a price target of VND18,200/share. According to MBS Research, TPBank has a clear competitive advantage in the digital banking segment, thanks to its modern technology platform, good access to young customers and solid positioning in the retail segment. This securities company forecasts TPBank's credit growth to reach 18.8% in 2025 and maintain around 15% in 2026 - surpassing the industry average. In addition, TPBank is shifting strongly to non-interest income sources, especially service fees, thanks to optimizing digital products and a revenue diversification strategy.