Private banks set ambitious profit, dividend payout targets in 2026

Private banks set ambitious profit, dividend payout targets in 2026

Many private banks are setting high profit growth of 15-35 per cent and dividend payouts of 20-25 per cent in 2026.

Strengthening capital through retaining profits and issuing additional shares is considered a suitable solution to enhance the resilience of banks. — Photo cafef.vn

VPBank aims for pre-tax profit of VNĐ41.32 trillion (US$1.57 billion) this year, a 35 per cent increase compared to 2025. The bank’s credits are expected to increase by 34 per cent and deposits by 40 per cent.

VPBank’s ambitious target is boosted by the strong recovery of its subsidiaries. Specifically, FE Credit plans for a pre-tax profit of nearly VNĐ1.18 trillion, up 93 per cent. VPBankS aims for a pre-tax profit of VNĐ6.45 trillion, up 44 per cent. OPES expects a pre-tax profit of VNĐ936 billion, up 47 per cent.

Meanwhile, HDBank aims for a pre-tax profit growth of over 30 per cent in 2026 compared to 2025, estimated at nearly VNĐ27.72 trillion. The bank also targets a 28 per cent increase in total assets, a 35 per cent increase in outstanding loans, and a 27 per cent increase in deposits.

VIB also plans for a high pre-tax profit of VNĐ11.55 trillion in 2026, a 27 per cent increase compared to 2025, buoyed by optimising its asset portfolio, improving profit margins and controlling operating costs. VIB also projects a 15 per cent increase in credit (estimated at VNĐ439.97 trillion) and a 26 per cent increase in deposits (estimated at VNĐ415.97 trillion).

MB aims for a 15-20 per cent increase to VNĐ39.5 trillion in profit in 2026. The bank’s member companies are considered strategic pillars, expected to contribute approximately 12-13 per cent to MB's total profit. In MB's business structure, the retail segment continues to play a central role, with the goal of increasing its share by 1.5-2 per cent annually.

ACB also aims for a 14 per cent increase in pre-tax profit in 2026 compared to 2025, equivalent to VNĐ22.27 trillion. The bank plans a 16 per cent increase in total assets, outstanding loans and deposits; while the non-performing loan ratio is kept below 2 per cent.

Along with profit plans, private banks also plan to increase charter capital and profit distribution significantly this year.

VPBank is due to present to its 2026 annual general meeting of shareholders a plan to distribute dividends for 2025 at a rate of 30 per cent entirely in shares. If approved, this plan will not only help LPBank significantly supplement its own capital but also create more room for credit expansion, technology investment, and enhanced competitiveness.

VIB plans to pay a 9 per cent cash dividend, issue a 9.5 per cent stock bonus to existing shareholders, and a 0.24 per cent stock dividend under the ESOP programme.

Meanwhile, ACB plans to distribute a total dividend of 20 per cent, including 7 per cent in cash and 13 per cent in shares, corresponding to the issuance of up to 668 million additional shares to existing shareholders. This plan will increase the bank's charter capital to approximately VNĐ58 trillion.

According to experts, the trend of distributing dividends in the form of shares reflects the pressure to balance medium- and long-term capital sources of banks in the context of continued expansion of credit demand.

Đỗ Thanh Tùng, Senior Manager of the Việt Dragon Securities Company’s Analysis Centre, believes that challenges regarding interest rates and asset quality will continue to be the dominant factors influencing the valuation of the banking sector in the coming period. Therefore, strengthening capital through retaining profits and issuing additional shares is considered a suitable solution to enhance resilience. 

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