Ho Chi Minh City Development Joint Stock Commercial Bank (HOSE:HDB)

HOSE:HDB Income Statement

Financials in millions VND. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	64,264,309	57,995,528	52,640,577	33,323,404	26,176,210	23,137,246
Interest Paid on Deposits	31,070,326	27,138,452	30,456,603	15,311,836	12,285,433	11,239,541
Net Interest Income	33,193,983	30,857,076	22,183,974	18,011,568	13,890,777	11,897,705
Net Interest Income Growth (YoY)	10.18%	39.10%	23.16%	29.67%	16.75%	22.07%
Income From Trading Activities	790,392	137,182	1,208,728	329,606	100,932	244,988
Gain (Loss) on Sale of Assets	-	-	-	-	-	30,706
Gain (Loss) on Sale of Investments	-	-	-	-	477,213	-13,185
Other Non-Interest Income	5,824,678	3,037,926	3,020,983	3,625,930	2,289,323	1,606,036
Total Non-Interest Income	6,615,070	3,175,108	4,229,711	3,955,536	2,867,468	1,868,545
Non-Interest Income Growth (YoY)	143.96%	-24.93%	6.93%	37.95%	53.46%	13.71%
Revenues Before Loan Losses	39,809,053	34,032,184	26,413,685	21,967,104	16,758,245	13,766,250
Provision for Loan Losses	9,591,733	5,321,434	4,267,751	3,068,339	2,305,860	1,788,384
Revenue	30,217,320	28,710,750	22,145,934	18,898,765	14,452,385	11,977,866
Revenue Growth (YoY)	7.51%	29.64%	17.18%	30.77%	20.66%	18.58%
Salaries and Employee Benefits	6,478,303	6,915,153	5,130,179	5,428,661	3,789,826	3,538,343
Occupancy Expenses	1,259,579	1,162,046	996,502	893,168	761,762	106,560
Federal Deposit Insurance	510,435	429,995	285,163	162,094	140,737	-
Selling, General & Administrative	1,842,586	2,234,777	2,073,075	1,194,759	947,482	321,360
Other Non-Interest Expense	1,248,888	1,238,784	644,283	952,027	742,961	2,193,381
Total Non-Interest Expense	11,339,791	11,980,755	9,129,202	8,630,709	6,382,768	6,159,644
EBT Excluding Unusual Items	18,877,529	16,729,995	13,016,732	10,268,056	8,069,617	5,818,222
Pretax Income	18,877,529	16,729,995	13,016,732	10,268,056	8,069,617	5,818,222
Income Tax Expense	3,807,993	3,482,347	2,680,719	2,058,586	1,616,118	1,171,125
Earnings From Continuing Operations	15,069,536	13,247,648	10,336,013	8,209,470	6,453,499	4,647,097
Minority Interest in Earnings	-558,870	-484,695	-265,115	-459,676	-399,980	-398,148
Net Income	14,510,666	12,762,953	10,070,898	7,749,794	6,053,519	4,248,949
Preferred Dividends & Other Adjustments	-	-	10,000	10,000	10,000	10,000
Net Income to Common	14,510,666	12,762,953	10,060,898	7,739,794	6,043,519	4,238,949
Net Income Growth	11.69%	26.73%	29.95%	28.02%	42.47%	17.87%
Basic Shares Outstanding	3,492	3,477	3,471	3,454	3,471	3,436
Diluted Shares Outstanding	3,500	3,477	3,471	3,454	3,471	3,436
Shares Change (YoY)	-8.41%	0.16%	0.50%	-0.49%	1.03%	-0.96%
EPS (Basic)	4155.68	3671.13	2898.51	2240.85	1741.12	1233.85
EPS (Diluted)	4146.49	3671.13	2898.51	2240.85	1741.12	1233.85
EPS Growth	22.04%	26.66%	29.35%	28.70%	41.11%	19.06%
Dividend Per Share	-	-	833.333	724.638	-	-
Dividend Growth	-	-	15.00%	-	-	-
Effective Tax Rate	20.17%	20.82%	20.59%	20.05%	20.03%	20.13%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.