Tien Phong Commercial Joint Stock Bank

Tien Phong Commercial Joint Stock Bank

HHOSE:TPB
12,750.00
VND
+100.00
(+0.79%)
2,825.79EPS
5.16P/E
40.04TMarket Cap
Dec 02Next Earn
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1,674.77
2,390.4
3,593.45
4,293.28
5,420.58
5,629.77
5,914.48
6,426.36
6,701.89
7,389.19
Basic EPS, GAAP
454.79
782.58
1,279.8
1,415.28
1,934.26
2,256.89
1,608.95
2,188.73
2,668.3
2,796.62
Free Cash Flow per Basic Share
747.82
-2,329.86
3,464.28
-5,508.02
13,472
-768.54
-3,015.5
14,406.94
9,298.08
11,878.61
Dividend per Share
- -
22.05
3.07
- -
- -
- -
1,425.49
396.83
952.38
- -
Book Value per Share
3,234.52
4,647.74
5,721.1
7,198
8,145.94
10,105.67
12,393.41
14,229.75
15,250.65
16,515.37
Tangible Book Value per Share
3,197.77
4,605.21
5,632.7
7,097.74
8,059.5
10,011.01
12,268.7
14,091.53
15,046.74
16,126.32
Basic Weighted Avg Shares
2,064
2,297
2,414
2,477
2,494
2,774
2,774
2,774
2,774
2,741
Sales/Revenue/Turnover
3,457,058
5,491,454
8,672,909
10,633,037
13,519,270
15,617,331
16,407,100
17,827,021
18,591,362
20,253,947
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
65,897
88,818
147,218
211,559
257,062
310,816
345,553
340,039
348,901
- -
Net Income, GAAP
963,609
1,805,238
3,093,842
3,510,189
4,829,179
6,260,744
4,463,325
6,071,634
7,402,000
7,665,605
Effective Tax Rate (%)
20.08
20.04
20.02
20.01
20.02
20.02
20.14
20.11
19.81
19.95
Profit Margin (%)
27.87
32.87
35.67
33.01
35.72
40.09
27.2
34.06
39.81
37.85
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
16,611,895
23,800,205
26,397,577
49,606,008
69,507,307
46,825,229
45,856,978
48,641,781
68,655,015
94,576,481
Total Equity
6,676,717
10,621,685
13,074,679
16,744,398
25,987,070
32,238,981
32,742,917
37,594,469
46,048,761
49,565,825
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
6.26
8.37
6.63
5.97
7.17
5.66
7.37
7.37
6.06
Return on Common Equity (%)
- -
20.79
26.07
23.51
22.58
21.5
13.74
17.26
18.53
17.97

Capital Structure

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,774
2,774
2,774
Market Capitalization
41,248,871
39,319,099
40,042,764

Working Capital

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
117,555,821
109,891,967
97,615,211
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
23.63%
22.49%
Free Cash Flow
- -
-154.7%
-35.46%
Net Income, GAAP
- -
19.29%
21.91%
Sales/Revenue/Turnover
- -
12.13%
4.29%
Total Cash Common Dividend
- -
- -
140%

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,836,299
4,456,341
4,154,220
5,378,792
17,827,021
2025
4,402,614
4,722,255
- -
5,564,318
18,591,362
2026
4,666,506
5,300,868
- -
- -
- -

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
553.68
576.3
628.18
644.69
2,188.73
2025
608.02
616.82
- -
916.63
2,668.3
2026
600.46
658.8
- -
- -
- -

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
396.83
2025
- -
- -
- -
- -
952.38
2026
- -
- -
- -
- -
- -

Company Description

CEO
Hung Nguyen
Full Time Employees
7,959
Sector
Finance
Industry
Major banks
Address
Ha Noi Vietnam
IPO Date
Apr 19, 2018
Website
tpb.vn
Business
Tien Phong Commercial Joint Stock Bank (TPBank) is a Vietnam-based financial institution that provides a comprehensive range of retail, commercial, digital, and investment banking products and services to individual consumers, small and medium-sized enterprises, and corporate clients throughout Vietnam. Founded in 2008 and headquartered in Hanoi, Vietnam, the bank operates across major economic regions through an extensive physical branch network and automated transaction hubs. TPBank organizes its business activities into principal operating segments, including Retail Banking, Corporate Banking, Treasury and Financial Markets, and Digital Financial Services. The bank offers a diversified portfolio of core products and services, including: consumer banking solutions comprising demand and term deposit accounts, residential mortgage loans, automobile financing, unsecured personal loans, overdraft facilities, and debit and credit cards issued under Visa, Mastercard, JCB, and domestic payment networks; commercial and institutional banking services encompassing working capital facilities, term loans, project and infrastructure financing, trade finance, letters of credit, bank guarantees, liquidity management, payment collection, payroll solutions, and supply chain financing; digital banking channels and automated capabilities delivered via the TPBank Mobile platform, the TPBank Biz corporate portal, and the proprietary TPBank LiveBank network of 24/7 automated teller and video-banking kiosks utilizing biometric verification, facial recognition, and fingerprint authentication; treasury and market solutions comprising foreign exchange spot and forward trading, cross-currency swaps, money market placements, government and corporate bond dealing, and derivative hedging instruments; and wealth management and intermediary services, including bancassurance distribution partnerships, custodial operations, and trustee services. Through associated subsidiaries such as Tien Phong Securities Joint Stock Company, the bank also facilitates securities brokerage, investment banking, and capital underwriting services. In recent strategic developments, TPBank has executed substantial capital increases through share issuances to strengthen its Tier 1 capital ratios and reinforce compliance with Basel III regulatory standards. The bank has expanded its digital ecosystem by deploying generative artificial intelligence and advanced machine-learning credit scoring algorithms to automate retail loan originations and streamline digital onboarding. In addition, TPBank has forged strategic fintech alliances to integrate open banking APIs, deepened its multi-year bancassurance distribution agreements, and expanded its LiveBank kiosk network to support fully digitalized corporate merchant payments and cashless point-of-sale infrastructure nationwide.