Asia Commercial Bank

Asia Commercial Bank's net profit rose 13.5% yoy to VND 1,549 bil in 4Q2019

By Helgi Library - March 4, 2020

Asia Commercial Bank made a net profit of VND 1,549 bil under revenues of VND 5,096 bil in the fourth quarter of 2019, up 13.5% and ...

Asia Commercial Bank's customer deposits rose 18.4% yoy to VND 207,051 bil in 4Q2016

By Helgi Library - March 4, 2020

Asia Commercial Bank's customer deposits reached VND 207,051 bil in 2016-12-31, up 2.81% compared to the previous year. Vietnam...

Asia Commercial Bank's net interest margin fell 1.95% yoy to 3.59% in 4Q2019

By Helgi Library - March 4, 2020

Asia Commercial Bank's net interest margin amounted to 3.59% in the fourth quarter of 2019, up from 3.43% when compared to the p...

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income statement Unit May 2024 Dec 2019
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other data Unit May 2024 Dec 2019
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Asia Commercial Bank's net interest income rose 13.3% yoy to VND 3,330 bil in 4Q2019

By Helgi Library - March 4, 2020

Asia Commercial Bank generated total banking revenues of VND 5,096 bil in the fourth quarter of 2019, up 17.2% when compared to the same period of last year and 25.5% when compared to the previous quarter. Historically, the bank’s revenues containing of inter...

Asia Commercial Bank's npls (as % of loans) fell 25.8% yoy to 0.539% in 4Q2019

By Helgi Library - March 4, 2020

Asia Commercial Bank's non-performing loans reached 0.539% of total loans at the end of 2019-12-31, down from 0.727% compared to the previous year. Historically, the NPL ratio hit an all time high of 3.65% in 2014-06-30 and an all time low of 0.101% in 2008-03-31...

Asia Commercial Bank's price/earnings (P/E) fell 10.6% yoy to 6.04 in 4Q2019

By Helgi Library - March 4, 2020

Asia Commercial Bank stock traded at VND 22,800 per share at the end fourth quarter of 2019 implying a market capitalization of USD 1,630 mil. Since the end of 4Q2014, the stock has appreciated by 168 % implying an annual average growth of 21.8 %. In absolute terms, t...

Asia Commercial Bank's market capitalisation (end of period) rose 2.47% yoy to USD 1,630 mil in 4Q2019

By Helgi Library - March 4, 2020

Asia Commercial Bank stock traded at VND 22,800 per share at the end of fourth quarter of 2019 implying a market capitalization of USD 1,630 mil. Over the last five years, the stock has appreciated by 168 implying an annual average growth of 21.8% In abso...

Asia Commercial Bank's equity (as % of assets) rose 13.4% yoy to 7.24% in 4Q2019

By Helgi Library - March 4, 2020

Asia Commercial Bank's Equity reached 7.24% of total assets in the 4Q2019, up from 6.38% for the previous year. As a share of net customer loans, the ratio amounted to 10.4% at the end of the fourth quarter of 2019. ...

Asia Commercial Bank's customer loan growth rose 5.18% yoy to 16.7% in 4Q2019

By Helgi Library - March 4, 2020

Asia Commercial Bank's customer loan growth reached 16.7% in 2019-12-31, up from 15.9% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 78.8% in 2009-12-31 and an all time low of -8.32% in 2009-03-31. In the...

Asia Commercial Bank's net profit rose 16.7% yoy to VND 5,997 bil in 2019

By Helgi Library - March 1, 2020

Asia Commercial Bank made a net profit of VND 5,997 bil under revenues of VND 16,956 bil in 2019, up 16.7% and 14.8% respectively compared to the previous year. Historically, the bank’s net profit reached an all time high of VND 5,997 bil in 2019 and an all time low of ...

Asia Commercial Bank's price/earnings (P/E) fell 13.5% yoy to 6.40 in 2019

By Helgi Library - March 1, 2020

Asia Commercial Bank stock traded at VND 22,800 per share at the end 2019 implying a market capitalization of USD 1,630 mil. Since the end of 2014, the stock has appreciated by 168 % implying an annual average growth of 21.8 %. In absolute terms, the value of the comp...

Asia Commercial Bank's net interest margin rose 0.594% yoy to 3.41% in 2019

By Helgi Library - March 1, 2020

Asia Commercial Bank's net interest margin amounted to 3.41% in 2019, up from 3.39% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 3.41% in 2019 and an all time low of 2.02% in 2007. The average m...

Asia Commercial Bank's net interest income rose 16.9% yoy to VND 12,141 bil in 2019

By Helgi Library - March 1, 2020

Asia Commercial Bank generated total banking revenues of VND 16,956 bil in 2019, up 14.8% compared to the previous year. Historically, the bank’s revenues containing of interest, fee and other non-interest income reached an all time high of VND 16,956 bil in 20...

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Finance

Asia Commercial Bank has been growing its revenues and asset by 12.8% and 8.61% a year on average in the last 10 years. Its loans and deposits have grown by 15.7% and 11.0% a year during that time and loans to deposits ratio reached 86.4% at the end of 2019. The company achieved an average return on equity of 15.4% in the last decade with net profit growing 10.5% a year on average. In terms of operating efficiency, its cost to income ratio reached 49.3% in 2019, compared to 54.8% average in the last decade.

Equity represented 7.24% of total assets or 10.4% of loans at the end of 2019. Asia Commercial Bank's non-performing loans were 0.539% of total loans while provisions covered some 175% of NPLs at the end of 2019.

Valuation

Asia Commercial Bank stock traded at VND 22,800 per share at the end of 2019 resulting in a market capitalization of USD 1,630 mil. Over the previous five years, stock price rose by 168% or 21.8% a year on average. That’s compared to an average ROE of 16.9% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of 6.40x and price to book value (PBV) of 1.34x in 2019.