Joint Stock Commercial Bank for Foreign Trade of Vietnam (HOSE:VCB)

HOSE:VCB 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	100,086,960	93,654,841	108,115,840	88,112,700	70,621,957	69,205,134
Interest Paid on Deposits	43,740,043	38,249,106	54,501,409	34,866,222	28,349,385	32,919,659
Net Interest Income	56,346,917	55,405,735	53,614,431	53,246,478	42,272,572	36,285,475
Net Interest Income Growth (YoY)	3.66%	3.34%	0.69%	25.96%	16.50%	5.06%
Income From Trading Activities	151,109	65,567	124,539	-33,599	52,430	1,712
Gain (Loss) on Sale of Investments	67,425	67,425	-24,426	26,583	3,927	335,274
Gain (Loss) on Sale of Equity Investments	80,765	145,723	131,053	21,613	31,930	42,152
Other Non-Interest Income	14,316,836	12,961,471	13,894,303	14,778,747	14,269,107	12,397,928
Total Non-Interest Income	14,616,135	13,240,186	14,125,469	14,793,344	14,357,394	12,777,066
Non-Interest Income Growth (YoY)	17.07%	-6.27%	-4.52%	3.04%	12.37%	14.62%
Revenues Before Loan Losses	70,963,052	68,645,921	67,739,900	68,039,822	56,629,966	49,062,541
Provision for Loan Losses	2,305,204	3,314,998	4,529,947	9,464,218	11,478,198	9,974,730
Revenue	68,657,848	65,330,923	63,209,953	58,575,604	45,151,768	39,087,811
Revenue Growth (YoY)	5.60%	3.36%	7.91%	29.73%	15.51%	0.03%
Salaries and Employee Benefits	6,387,489	12,262,748	11,718,438	10,704,534	9,586,008	8,603,051
Occupancy Expenses	2,061,243	3,402,747	3,456,785	4,017,315	3,463,858	2,902,528
Federal Deposit Insurance	516,756	993,995	880,742	802,452	711,257	631,788
Selling, General & Administrative	3,607,570	5,891,735	5,271,835	5,226,349	3,490,020	3,603,531
Other Non-Interest Expense	12,249,160	543,563	553,686	456,863	414,782	297,352
Total Non-Interest Expense	24,822,218	23,094,788	21,881,486	21,207,513	17,665,925	16,038,250
EBT Excluding Unusual Items	43,835,630	42,236,135	41,328,467	37,368,091	27,485,843	23,049,561
Pretax Income	43,835,630	42,236,135	41,328,467	37,368,091	27,485,843	23,049,561
Income Tax Expense	8,701,059	8,383,018	8,206,195	7,449,037	5,469,010	4,577,043
Earnings From Continuing Operations	35,134,571	33,853,117	33,122,272	29,919,054	22,016,833	18,472,518
Minority Interest in Earnings	-20,580	-21,731	-21,245	-20,040	-20,232	-21,207
Net Income	35,113,991	33,831,386	33,101,027	29,899,014	21,996,601	18,451,311
Preferred Dividends & Other Adjustments	2,692,912	2,692,912	2,575,897	3,344,476	2,299,162	2,423,361
Net Income to Common	32,421,079	31,138,474	30,525,130	26,554,538	19,697,439	16,027,950
Net Income Growth	1.23%	2.21%	10.71%	35.93%	19.21%	-0.70%
Basic Shares Outstanding	8,357	8,356	8,356	8,356	8,356	8,356
Diluted Shares Outstanding	8,357	8,356	8,356	8,356	8,356	8,356
Shares Change (YoY)	0.02%	-	-	-	-	0.22%
EPS (Basic)	3879.66	3726.62	3653.21	3178.02	2357.36	1918.20
EPS (Diluted)	3879.66	3726.62	3653.21	3178.02	2357.36	1918.20
EPS Growth	0.94%	2.01%	14.95%	34.81%	22.89%	-1.92%
Dividend Per Share	301.003	301.003	-	-	-	532.647
Dividend Growth	-	-	-	-	-	50.00%
Effective Tax Rate	19.85%	19.85%	19.86%	19.93%	19.90%	19.86%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.