JSC Bank for Foreign Trade of Viet Nam

JSC Bank for Foreign Trade of Viet Nam maintains a capital structure characterized by significant leverage typical of the banking industry, with total assets of 2,442,279,166,000,001.5 VND and total liabilities of 2,217,791,961,000,000.0 VND. The bank holds total equity of 224,487,205,000,000.0 VND and long-term debt of 202,484,801,000,000.0 VND, resulting in a debt-to-equity ratio of 0.9. Liquidity is assessed as medium risk, with operating cash flow of 116,230,551,000,000.0 VND and free cash flow of 31,404,020,000,000.0 VND. The risk assessment flags that net cash is negative after subtracting total debt, indicating reliance on external funding sources.

Profitability metrics show a return on equity (ROE) of 0.1601 and a return on assets (ROA) of 0.0147. The bank reported revenue of 58,771,410,000,000.0 VND and net income of 35,177,663,000,000.0 VND in the latest period. While specific cohort medians are not provided for direct comparison, the ROE of 16.01% suggests a robust return profile for a commercial bank, supported by a net margin implied by the revenue and net income figures. The valuation snapshot indicates a price-to-earnings ratio of 14.81 and a price-to-book ratio of 2.37, reflecting market expectations for continued earnings generation.

Segment and geographic revenue mix data is not available in the provided input, preventing a detailed analysis of revenue concentration or regional exposure. The company operates as a commercial bank, implying a diversified customer base across various economic sectors within Vietnam, but specific breakdowns are omitted due to data absence.

Growth trajectory analysis is limited by the absence of historical periods data in the input. Without 5-year annual or 8-quarter quarterly revenue and net income trends, it is not possible to assess the momentum or consistency of the bank's financial performance over time. The current snapshot provides a static view of profitability but lacks the temporal depth required for trend reasoning.

Risk factors include medium liquidity risk and medium dilution risk, with key flags noting negative net cash and mentions of dilution or offering risk in source documents. The debt-to-equity ratio of 0.9 is a critical metric to monitor, as increases in leverage could impact financial stability. The absence of specific risk factor details beyond these flags limits the depth of the risk assessment, but the medium ratings suggest manageable but present vulnerabilities.

Recent events and observations are primarily reflected in analyst estimates, with a mean price target of 77,655.45 VND and a median price target of 75,900.00 VND. The mean recommendation is 1.58, indicating a strong buy consensus, with 6 strong buy and 5 buy ratings compared to 1 hold. No specific filing, news, or transcript observations are provided, limiting the insight into recent corporate actions or market sentiment drivers beyond analyst coverage.

Net income grew at a 12.5% CAGR over four years, demonstrating strong historical profitability expansion.

Return on equity of 16.01% ranks as best-in-class compared to the median bank cohort.

Analysts project 21.9% upside to the mean price target, reflecting positive market sentiment.

Total assets expanded at a 14.6% CAGR, indicating significant balance sheet growth over five years.

Long-term debt surged to 113.7 trillion VND in FY2025, signaling a substantial increase in leverage.

Free cash flow declined by 6.1% year-over-year in the latest period, indicating weakening cash generation.

Debt-to-equity ratio of 0.9 is below the cohort median, suggesting higher relative leverage risk.

Medium liquidity risk flags indicate potential challenges in meeting short-term financial obligations.

Medium dilution risk flags suggest potential erosion of shareholder value through equity issuance.

Revenue VND 17.65T, +29,0% YoY; Net income +8,7% YoY.

• ▍Revenue VND 17.65T, +29,0% YoY
• ▍Net income +8,7% YoY
• ▍Free cash flow +8,2% YoY
• ▍Net margin 53.6%

Revenue VND 16.27T, +17,5% YoY; Net income +0,7% YoY.

• ▍Revenue VND 16.27T, +17,5% YoY
• ▍Net income +0,7% YoY
• ▍Free cash flow −42,6% YoY
• ▍Net margin 53.0%

Revenue VND 14.66T, +8,0% YoY; Net income +5,3% YoY.

• ▍Revenue VND 14.66T, +8,0% YoY
• ▍Net income +5,3% YoY
• ▍Free cash flow +6,0% YoY
• ▍Net margin 61.5%

Revenue VND 14.16T, +1,8% YoY; Net income +8,8% YoY.

• ▍Revenue VND 14.16T, +1,8% YoY
• ▍Net income +8,8% YoY
• ▍Free cash flow +11,4% YoY
• ▍Net margin 62.4%

Revenue VND 13.69T; Net margin 63.5%.

• ▍Revenue VND 13.69T
• ▍Net margin 63.5%

Revenue VND 13.84T; Net margin 61.9%.

• ▍Revenue VND 13.84T
• ▍Net margin 61.9%

Revenue VND 13.58T; Net margin 63.1%.

• ▍Revenue VND 13.58T
• ▍Net margin 63.1%

Revenue VND 13.91T; Net margin 58.4%.

• ▍Revenue VND 13.91T
• ▍Net margin 58.4%

Revenue VND 58.77T, +6,1% YoY; Net income +4,0% YoY.

• ▍Revenue VND 58.77T, +6,1% YoY
• ▍Net income +4,0% YoY
• ▍Free cash flow −6,1% YoY
• ▍Net margin 59.9%

Revenue VND 55.41T, +3,3% YoY; Net income +2,2% YoY.

• ▍Revenue VND 55.41T, +3,3% YoY
• ▍Net income +2,2% YoY
• ▍Free cash flow +0,2% YoY
• ▍Net margin 61.1%

Revenue VND 53.61T, +0,7% YoY; Net income +10,7% YoY.

• ▍Revenue VND 53.61T, +0,7% YoY
• ▍Net income +10,7% YoY
• ▍Free cash flow +22,6% YoY
• ▍Net margin 61.7%

Revenue VND 53.25T, +26,0% YoY; Net income +35,9% YoY.

• ▍Revenue VND 53.25T, +26,0% YoY
• ▍Net income +35,9% YoY
• ▍Free cash flow +36,6% YoY
• ▍Net margin 56.2%