<\/p>\n
Q4 net profit nearly doubled on higher interest income and fee income.<\/p>\n
Vietnam Technological and Commercial Joint Stock Bank (Techcombank) saw its net profit attributable to shareholders rise 17.5% year-on-year (YoY) to $973.36m (VND25.29t) in FY2025, its latest financial statement showed.<\/p>\n
Profit before tax (PBT) is 18.2% YoY higher at $1.25t (VND32.5t), exceeding Techcombank\u2019s full year guidance.<\/p>\n
Record quarterly profitability in Q4 2025, driven by accelerated net interest income and a sharp rebound in fee income, helped lift the bank\u2019s performance for the year, according to CEO Jens Lottner.<\/p>\n
Net profit attributable to shareholders for the fourth quarter period is $256.72m (VND6.67t), nearly double or 98.92% YoY higher than in Q4 2024.<\/p>\n
\u201cPerformance was driven by accelerating net interest income, a<\/p>\n
sharp rebound in fee income, coupled to disciplined cost management,\u201d Lottner said in a press release.<\/p>\n
For FY2025, net interest income (NII) rose 7.5% YoY to $1.47b (VND38.2t).<\/p>\n
Net fee income rose 7.8% YoY to $442.61m (VND11.5t), driven by double-digit increases in investment banking fees, FX sales, and banca fees, offset by a decline in card fees and letters of credit (LC), remittance, and other cash & settlement.<\/p>\n
Investment banking (IB) fees rose 20.7% YoY to $161.65m (VND4.2t) for the full year, driven by brokerage and custody services, bond advisory and distribution, and other IB services.<\/p>\n
The bank\u2019s IB fees declined 12.9% YoY to $30.29m (VND787b) in Q4 2025, which Techcombank said \u201cseems mostly temporary\u201d.<\/p>\n
Cards saw a 15.1% YoY decline to $65.43m (VND1.7t) in FY2025, although it rose by 6.5% YoY in Q4 2025.<\/p>\n
Letters of credit (LC), remittance, and other cash & settlement fell by 14% YoY to $119.32m (VND3.1t). Techcombank credited the decline to the impact of product-mix refinements relating to UPAS LC.<\/p>\n
FX sales rose 36.9% YoY to $46.19m (VND1.2t) in FY2025, which Techcombank credited to its \u201cattractive FX product suite\u201d and tailored new offerings.<\/p>\n
Banca fees rose 91.8% YoY to $46.19m (VND1.2t).<\/p>\n
Operating expenses rose 6.9% YoY to $53.88m (VND1.4t) in FY2025, driven by Techcombank\u2019s investments in IT infrastructure. Cost-to-income ratio is 30.8% for the full year.<\/p>\n
Provision expenses were $169.3m (VND4.4t) for the full year, rising by 8.3% YoY.<\/p>\n
Techcombank\u2019s total assets were approximately $45.88b (VND1,192t) as of 31 December 2025.<\/p>\n
<\/p>","protected":false},"excerpt":{"rendered":"
Q4 net profit nearly doubled on higher interest income and fee income. Vietnam Technological and Commercial Joint Stock Bank (Techcombank) saw its net profit attributable to shareholders rise 17.5% year-on-year (YoY) to $973.36m (VND25.29t) in FY2025, its latest financial statement showed. Profit before tax (PBT) is 18.2% YoY higher at $1.25t (VND32.5t), exceeding Techcombank\u2019s full […]<\/p>\n","protected":false},"author":1,"featured_media":5503,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5502","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bez-rubriki"],"featured_image_src":{"landsacpe":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2026\/02\/Techcombank-5-1140x445.jpg",1140,445,true],"list":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2026\/02\/Techcombank-5-463x348.jpg",463,348,true],"medium":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2026\/02\/Techcombank-5-300x225.jpg",300,225,true],"full":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2026\/02\/Techcombank-5.jpg",1200,900,false]},"_links":{"self":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/5502","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/comments?post=5502"}],"version-history":[{"count":1,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/5502\/revisions"}],"predecessor-version":[{"id":5504,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/5502\/revisions\/5504"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media\/5503"}],"wp:attachment":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media?parent=5502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/categories?post=5502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/tags?post=5502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}