Fortune Vietnam Joint Stock Commercial stock: LPBank reports profit growth

Fortune Vietnam Joint Stock Commercial Bank, known as LPBank and listed on HOSE under LPB, reported solid operating progress for the first nine months of 2026. The figures were reported on October 21, 2026, by Vietnam.vn, citing Ng??i ??a Tin.

Profit growth through September

LPBank's cumulative pre-tax profit reached VND 10.421 trillion, an increase of nearly 9% from the same period a year earlier. That result represented 70% of the full-year pre-tax profit target of VND 14.982 trillion set by shareholders at the bank's April 2026 annual general meeting.

Third-quarter pre-tax profit alone was VND 4.448 trillion, up 29% year over year. Total assets reached VND 694.183 trillion at September 30, an increase of 29% compared with the prior-year period.

Service income becomes more important

Non-interest income reached VND 7.489 trillion, or 39% of total operating income. Net revenue from services rose 136% to VND 5.977 trillion, while foreign-exchange trading income increased 241% to VND 889 billion for the first nine months.

Customer loans stood at VND 481.570 trillion, up 24% year over year. The bank said its cost-to-income ratio was 27.83% for the nine-month period, while the non-performing loan ratio was 1.87% at the end of September.

Investor context for the fourth quarter

The results leave LPBank with a substantial portion of its annual profit plan already achieved, but the remaining target still depends on fourth-quarter lending, service activity and credit quality. The rising contribution from fee-based income is a relevant development for investors because it broadens the bank's revenue mix beyond lending.

Vietnamese equities remain influenced by developments across the domestic banking and credit market. Current market reports provide broader market context.

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