By Helgi Library - March 1, 2020
HDBank's non-performing loans reached 1.36% of total loans at the end of 2019-12-31, down from 1.53% compared to the previous yea...
By Helgi Library - March 1, 2020
HDBank's non-performing loans reached 1.36% of total loans at the end of 2019-12-31, down from 1.53% compared to the previous yea...
By Helgi Library - March 1, 2020
HDBank made a net profit of VND 1,121 bil in the fourth quarter of 2019, up 43.8% when compared to the same period of last year. ...
| Profit Statement | 2017 | 2018 | 2019 | |
| Net Interest Income | VND bil | 6,419 | 7,755 | 9,774 |
| Net Fee Income | VND bil | 196 | 438 | 596 |
| Other Income | VND bil | 992 | 1,407 | 1,251 |
| Total Revenues | VND bil | 7,607 | 9,600 | 11,620 |
| Staff Cost | VND bil | 2,003 | 2,377 | 2,616 |
| Operating Profit | VND bil | 3,506 | 5,102 | 6,503 |
| Provisions | VND bil | 1,017 | 994 | 1,289 |
| Net Profit | VND bil | 1,746 | 2,842 | 3,605 |
| Balance Sheet | 2017 | 2018 | 2019 | |
| Interbank Loans | VND bil | 21,861 | 32,426 | 24,665 |
| Customer Loans | VND bil | 103,336 | 121,792 | 144,700 |
| Total Assets | VND bil | 189,334 | 216,057 | 229,477 |
| Shareholders' Equity | VND bil | 14,759 | 16,828 | 20,381 |
| Interbank Borrowing | VND bil | 40,192 | 49,981 | 55,423 |
| Customer Deposits | VND bil | 125,870 | 133,987 | 132,600 |
| Issued Debt Securities | VND bil | 4,569 | 10,666 | 12,240 |
| Ratios | 2017 | 2018 | 2019 | |
| ROE | % | 14.1 | 18.0 | 19.4 |
| ROA | % | 1.03 | 1.40 | 1.62 |
| Costs (As % Of Assets) | % | 2.42 | 2.22 | 2.30 |
| Costs (As % Of Income) | % | 53.9 | 46.9 | 44.0 |
| Capital Adequacy Ratio | % | 13.5 | ... | ... |
| Net Interest Margin | % | 3.78 | 3.83 | 4.39 |
| Loans (As % Of Deposits) | % | 82.1 | 90.9 | 109 |
| NPLs (As % Of Loans) | % | 1.52 | 1.53 | 1.36 |
| Provisions (As % Of NPLs) | % | 73.3 | 71.1 | 81.4 |
| Valuation | 2017 | 2018 | 2019 | |
| Price/Earnings (P/E) | 16.3 | 10.5 | 7.50 | |
| Price/Book Value (P/BV) | 1.93 | 1.77 | 1.32 | |
| Dividend Yield | % | 4.69 | 3.30 | ... |
| Earnings Per Share (EPS) | VND | 1,963 | 2,897 | 3,675 |
| Book Value Per Share | VND | 16,616 | 17,154 | 20,902 |
| Dividend Per Share | VND | 1,500 | 1,000 | ... |
Get all company financials in excel:
| summary | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| income statement | ||||||||||||
| Net Interest Income | VND bil | 325 | 1,629 | 3,322 | 4,690 | 6,419 | ||||||
| Total Revenues | VND bil | 1,443 | 2,899 | 4,238 | 5,496 | 7,607 | ||||||
| Operating Profit | VND bil | 432 | 1,079 | 1,769 | 2,190 | 3,506 | ||||||
| Net Profit | VND bil | 218 | 477 | 513 | 738 | 1,746 | ||||||
| balance sheet | ||||||||||||
| Interbank Loans | VND bil | 11,341 | 16,835 | 11,994 | 18,580 | 21,861 | ||||||
| Customer Loans | VND bil | 43,333 | 41,509 | 55,853 | 81,304 | 103,336 | ||||||
| Debt Securities | VND bil | 14,219 | 25,638 | 22,603 | 35,136 | 50,920 | ||||||
| Total Assets | VND bil | 86,227 | 99,525 | 106,486 | 150,294 | 189,334 | ||||||
| Shareholders' Equity | VND bil | 8,587 | 8,874 | 9,842 | 9,943 | 14,759 | ||||||
| Interbank Borrowing | VND bil | 11,417 | 19,691 | 10,725 | 24,941 | 40,192 | ||||||
| Customer Deposits | VND bil | 62,384 | 65,412 | 76,560 | 108,467 | 125,870 | ||||||
| Issued Debt Securities | VND bil | 2,503 | 3,580 | 7,011 | 3,625 | 4,569 | ||||||
| ratios | ||||||||||||
| ROE | % | ... | 3.11 | 5.46 | 5.48 | 7.46 | 14.1 | |||||
| ROA | % | ... | 0.313 | 0.513 | 0.498 | 0.575 | 1.03 | |||||
| Costs (As % Of Assets) | % | ... | 1.45 | 1.96 | 2.40 | 2.57 | 2.42 | |||||
| Costs (As % Of Income) | % | 70.0 | 62.8 | 58.3 | 60.1 | 53.9 | ||||||
| Capital Adequacy Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | 13.5 | ... | ... |
| Net Interest Margin | % | ... | 0.468 | 1.75 | 3.23 | 3.65 | 3.78 | |||||
| Interest Income (As % Of Revenues) | % | 22.5 | 56.2 | 78.4 | 85.3 | 84.4 | ||||||
| Fee Income (As % Of Revenues) | % | 3.07 | 4.36 | 4.44 | 2.15 | 2.58 | ||||||
| Staff Cost (As % Of Total Cost) | % | 35.0 | 40.7 | 40.8 | 44.4 | 48.8 | ||||||
| Equity (As % Of Assets) | % | 9.96 | 8.92 | 9.24 | 6.62 | 7.80 | ||||||
| Loans (As % Of Deposits) | % | 69.5 | 63.5 | 73.0 | 75.0 | 82.1 | ||||||
| Loans (As % Assets) | % | 50.3 | 41.7 | 52.5 | 54.1 | 54.6 | ||||||
| NPLs (As % Of Loans) | % | 3.53 | 2.27 | 1.59 | 1.46 | 1.52 | ||||||
| Provisions (As % Of NPLs) | % | 46.5 | 50.8 | 78.7 | 76.8 | 73.3 | ||||||
| valuation | ||||||||||||
| Market Capitalisation (End Of Period) | USD mil | ... | ... | ... | ... | ... | 1,212 | 1,184 | 1,170 | 1,256 | ||
| Number Of Shares (Average) | mil | 502 | 810 | 810 | 810 | 888 | ||||||
| Share Price (End Of Period) | VND | ... | ... | ... | ... | ... | 32,000 | 32,000 | 32,000 | 32,000 | ||
| Earnings Per Share (EPS) | VND | 434 | 589 | 633 | 911 | 1,963 | ||||||
| Book Value Per Share | VND | 17,116 | 10,956 | 12,150 | 12,275 | 16,616 | ||||||
| Dividend Per Share | VND | ... | ... | ... | ... | ... | ... | 1,000 | ... | 1,500 | ... | |
| Price/Earnings (P/E) | ... | ... | ... | ... | ... | 54.4 | 50.6 | 35.1 | 16.3 | |||
| Price/Book Value (P/BV) | ... | ... | ... | ... | ... | 2.92 | 2.63 | 2.61 | 1.93 | |||
| Dividend Yield | % | ... | ... | ... | ... | ... | ... | 3.13 | ... | 4.69 | ... | |
| Earnings Per Share Growth | % | ... | -46.7 | 35.7 | 7.52 | 43.9 | 115 | |||||
| Book Value Per Share Growth | % | ... | 27.3 | -36.0 | 10.9 | 1.03 | 35.4 |
| income statement | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| income statement | ||||||||||||
| Interest Income | VND bil | 4,900 | 6,298 | 8,000 | 11,334 | 14,678 | ||||||
| Interest Cost | VND bil | 4,575 | 4,669 | 4,678 | 6,643 | 8,259 | ||||||
| Net Interest Income | VND bil | 325 | 1,629 | 3,322 | 4,690 | 6,419 | ||||||
| Net Fee Income | VND bil | 44.3 | 126 | 188 | 118 | 196 | ||||||
| Other Income | VND bil | 1,073 | 1,143 | 727 | 687 | 992 | ||||||
| Total Revenues | VND bil | 1,443 | 2,899 | 4,238 | 5,496 | 7,607 | ||||||
| Staff Cost | VND bil | 354 | 740 | 1,008 | 1,467 | 2,003 | ||||||
| Depreciation | VND bil | 63.9 | 116 | 79.5 | 94.0 | 85.2 | ... | |||||
| Other Cost | VND bil | 593 | 964 | 1,381 | 1,744 | 2,013 | ... | |||||
| Operating Cost | VND bil | 1,010 | 1,820 | 2,469 | 3,305 | 4,101 | ||||||
| Operating Profit | VND bil | 432 | 1,079 | 1,769 | 2,190 | 3,506 | ||||||
| Provisions | VND bil | 192 | 456 | 935 | 994 | 1,017 | ||||||
| Extra and Other Cost | VND bil | < -0.001 | < 0.001 | 46.0 | 49.1 | 72.2 | ||||||
| Pre-Tax Profit | VND bil | 240 | 622 | 788 | 1,148 | 2,417 | ||||||
| Tax | VND bil | 22.9 | 145 | 158 | 233 | 462 | ||||||
| Minorities | VND bil | 0 | 0 | 117 | 176 | 208 | ||||||
| Net Profit | VND bil | 218 | 477 | 513 | 738 | 1,746 | ||||||
| Dividends | VND bil | ... | ... | ... | ... | ... | ... | 810 | ... | 1,472 | ... | |
| growth rates | ||||||||||||
| Net Interest Income Growth | % | ... | -61.8 | 401 | 104 | 41.2 | 36.8 | |||||
| Net Fee Income Growth | % | ... | 152 | 185 | 48.9 | -37.2 | 66.2 | |||||
| Total Revenue Growth | % | ... | -5.23 | 101 | 46.2 | 29.7 | 38.4 | |||||
| Operating Cost Growth | % | ... | 26.9 | 80.1 | 35.6 | 33.9 | 24.1 | |||||
| Operating Profit Growth | % | ... | -40.4 | 150 | 64.0 | 23.8 | 60.1 | |||||
| Pre-Tax Profit Growth | % | ... | -43.7 | 159 | 26.7 | 45.6 | 111 | |||||
| Net Profit Growth | % | ... | -33.3 | 119 | 7.58 | 43.9 | 137 | |||||
| market share | ||||||||||||
| Market Share in Revenues | % | 0.816 | 1.57 | 2.04 | 2.30 | ... | ... | ... | ||||
| Market Share in Net Profit | % | 0.725 | 2.79 | 1.65 | 1.79 | ... | ... | ... |
| balance sheet | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| balance sheet | ||||||||||||
| Cash | VND bil | 2,227 | 3,228 | 4,215 | 4,025 | 3,434 | ||||||
| Interbank Loans | VND bil | 11,341 | 16,835 | 11,994 | 18,580 | 21,861 | ||||||
| Customer Loans | VND bil | 43,333 | 41,509 | 55,853 | 81,304 | 103,336 | ||||||
| Retail Loans | VND bil | 24,985 | 18,907 | 27,588 | 36,729 | 47,385 | ... | |||||
| Corporate Loans | VND bil | 19,071 | 23,087 | 28,906 | 45,460 | 57,054 | ... | |||||
| Debt Securities | VND bil | 14,219 | 25,638 | 22,603 | 35,136 | 50,920 | ||||||
| Fixed Assets | VND bil | 590 | 27.4 | 760 | 1,328 | 1,509 | ||||||
| Intangible Assets | VND bil | ... | ... | ... | ... | ... | ... | 90.3 | 63.6 | 51.2 | ||
| Goodwill | VND bil | ... | ... | ... | ... | ... | ... | 45.1 | 39.4 | 33.6 | ||
| Total Assets | VND bil | 86,227 | 99,525 | 106,486 | 150,294 | 189,334 | ||||||
| Shareholders' Equity | VND bil | 8,587 | 8,874 | 9,842 | 9,943 | 14,759 | ||||||
| Of Which Minority Interest | VND bil | 0 | 325 | 449 | 626 | 684 | ||||||
| Liabilities | VND bil | 77,639 | 90,651 | 96,644 | 140,352 | 174,575 | ||||||
| Interbank Borrowing | VND bil | 11,417 | 19,691 | 10,725 | 24,941 | 40,192 | ||||||
| Customer Deposits | VND bil | 62,384 | 65,412 | 76,560 | 108,467 | 125,870 | ||||||
| Retail Deposits | VND bil | 44,008 | 39,709 | 47,543 | 66,607 | 76,906 | ... | |||||
| Corporate Deposits | VND bil | 18,376 | 25,703 | 29,017 | 41,860 | 48,964 | ... | |||||
| Sight Deposits | VND bil | 3,625 | 4,433 | 5,614 | 9,813 | 104,979 | ||||||
| Term Deposits | VND bil | 58,759 | 60,979 | 70,182 | 28,042 | 19,903 | ||||||
| Issued Debt Securities | VND bil | 2,503 | 3,580 | 7,011 | 3,625 | 4,569 | ||||||
| Other Liabilities | VND bil | 1,335 | 1,968 | 2,349 | 3,319 | 3,943 | ||||||
| asset quality | ||||||||||||
| Non-Performing Loans | VND bil | 1,553 | 954 | 897 | 1,199 | 1,583 | ||||||
| Gross Loans | VND bil | 44,056 | 41,994 | 56,559 | 82,224 | 104,497 | ||||||
| Total Provisions | VND bil | 723 | 485 | 706 | 920 | 1,161 | ||||||
| growth rates | ||||||||||||
| Customer Loan Growth | % | ... | 107 | -4.21 | 34.6 | 45.6 | 27.1 | |||||
| Retail Loan Growth | % | ... | 129 | -24.3 | 45.9 | 33.1 | 29.0 | ... | ||||
| Corporate Loan Growth | % | ... | 86.0 | 21.1 | 25.2 | 57.3 | 25.5 | ... | ||||
| Total Asset Growth | % | ... | 63.4 | 15.4 | 6.99 | 41.1 | 26.0 | |||||
| Shareholders' Equity Growth | % | ... | 59.2 | 3.34 | 10.9 | 1.03 | 48.4 | |||||
| Customer Deposit Growth | % | ... | 82.1 | 4.85 | 17.0 | 41.7 | 16.0 | |||||
| Retail Deposit Growth | % | ... | 74.1 | -9.77 | 19.7 | 40.1 | 15.5 | ... | ||||
| Corporate Deposit Growth | % | ... | 105 | 39.9 | 12.9 | 44.3 | 17.0 | ... | ||||
| market share | ||||||||||||
| Market Share in Customer Loans | % | 1.44 | 1.24 | 1.39 | 1.68 | 1.79 | ... | ... | ||||
| Market Share in Corporate Loans | % | ... | ... | ... | 0.633 | 0.691 | 0.719 | 0.940 | ... | ... | ... | |
| Market Share in Total Assets | % | 1.58 | 1.65 | 1.53 | 1.85 | 1.96 | ... | ... | ||||
| Market Share in Customer Deposits | % | 1.69 | 1.53 | 1.52 | 1.83 | 1.85 | ... | ... |
| ratios | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| ratios | ||||||||||||
| ROE | % | ... | 3.11 | 5.46 | 5.48 | 7.46 | 14.1 | |||||
| ROA | % | ... | 0.313 | 0.513 | 0.498 | 0.575 | 1.03 | |||||
| Costs (As % Of Assets) | % | ... | 1.45 | 1.96 | 2.40 | 2.57 | 2.42 | |||||
| Costs (As % Of Income) | % | 70.0 | 62.8 | 58.3 | 60.1 | 53.9 | ||||||
| Capital Adequacy Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | 13.5 | ... | ... |
| Net Interest Margin | % | ... | 0.468 | 1.75 | 3.23 | 3.65 | 3.78 | |||||
| Interest Spread | % | ... | -0.268 | 1.23 | 2.77 | 3.22 | 3.40 | |||||
| Asset Yield | % | ... | 7.05 | 6.78 | 7.77 | 8.83 | 8.64 | |||||
| Cost Of Liabilities | % | ... | 7.32 | 5.55 | 5.00 | 5.61 | 5.25 | |||||
| Payout Ratio | % | ... | ... | ... | ... | ... | ... | 158 | ... | 84.3 | ... | |
| Interest Income (As % Of Revenues) | % | 22.5 | 56.2 | 78.4 | 85.3 | 84.4 | ||||||
| Fee Income (As % Of Revenues) | % | 3.07 | 4.36 | 4.44 | 2.15 | 2.58 | ||||||
| Other Income (As % Of Revenues) | % | 74.4 | 39.4 | 17.2 | 12.5 | 13.0 | ||||||
| Cost Per Employee | USD per month | 283 | 426 | 459 | 500 | 543 | ||||||
| Cost Per Employee (Local Currency) | VND per month | 5,954,820 | 9,054,060 | 9,925,060 | 11,013,100 | 12,161,000 | ||||||
| Staff Cost (As % Of Total Cost) | % | 35.0 | 40.7 | 40.8 | 44.4 | 48.8 | ||||||
| Equity (As % Of Assets) | % | 9.96 | 8.92 | 9.24 | 6.62 | 7.80 | ||||||
| Loans (As % Of Deposits) | % | 69.5 | 63.5 | 73.0 | 75.0 | 82.1 | ||||||
| Loans (As % Assets) | % | 50.3 | 41.7 | 52.5 | 54.1 | 54.6 | ||||||
| NPLs (As % Of Loans) | % | 3.53 | 2.27 | 1.59 | 1.46 | 1.52 | ||||||
| Provisions (As % Of NPLs) | % | 46.5 | 50.8 | 78.7 | 76.8 | 73.3 | ||||||
| Provisions (As % Of Loans) | % | 1.67 | 1.17 | 1.26 | 1.13 | 1.12 | ||||||
| Cost of Provisions (As % Of Loans) | % | ... | 0.597 | 1.08 | 1.92 | 1.45 | 1.10 |
| other data | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| other data | ||||||||||||
| Branches | ... | ... | ... | ... | ... | ... | ... | 221 | 240 | ... | ||
| Employees | 4,953 | 6,815 | 8,464 | 11,102 | 13,728 | |||||||
| Clients | mil | ... | ... | ... | ... | 0.487 | 0.712 | 1.24 | 2.27 | ... | ... | ... |
| Sight (As % Of Customer Deposits) | % | 5.81 | 6.78 | 7.33 | 9.05 | 83.4 | ||||||
| Return on Loans | % | 0.677 | 1.12 | 1.05 | 1.08 | 1.89 | ||||||
| Operating Profit (As % of Loans) | % | ... | 1.34 | 2.54 | 3.63 | 3.19 | 3.80 | |||||
| Costs (As % Of Loans) | % | ... | 3.14 | 4.29 | 5.07 | 4.82 | 4.44 | |||||
| Equity (As % Of Loans) | % | 19.8 | 21.4 | 17.6 | 12.2 | 14.3 |
Get all company financials in excel:
By Helgi Library - March 1, 2020
HDBank made a net profit of VND 1,121 bil in the fourth quarter of 2019, up 43.8% when compared to the same period of last year. This implies a return on equity of 22.4%. Historically, the bank’s net profit reached an all time high of VND 1,121 bil in 4Q2019 and ...
By Helgi Library - March 1, 2020
HDBank's net interest margin amounted to 5.17% in the fourth quarter of 2019, up from 4.69% when compared to the previous quarter. Historically, the bank’s net interest margin reached an all time high of 5.17% in 4Q2019 and an all time low of 3.73% in 3...
By Helgi Library - March 1, 2020
HDBank's net interest margin amounted to 5.17% in the fourth quarter of 2019, up from 4.69% when compared to the previous quarter. Historically, the bank’s net interest margin reached an all time high of 5.17% in 4Q2019 and an all time low of 3.73% in 3...
By Helgi Library - March 1, 2020
HDBank stock traded at VND 27,550 per share at the end fourth quarter of 2019 implying a market capitalization of USD 1,159 mil. Since the end of 4Q2014, the stock has appreciated by % implying an annual average growth of 0 %. In absolute terms, the value of the comp...
By Helgi Library - March 1, 2020
HDBank stock traded at VND 27,550 per share at the end fourth quarter of 2019 implying a market capitalization of USD 1,159 mil. Since the end of 4Q2014, the stock has appreciated by % implying an annual average growth of 0 %. In absolute terms, the value of the comp...
By Helgi Library - March 1, 2020
HDBank generated total banking revenues of VND 3,413 bil in the fourth quarter of 2019, up 26.5% when compared to the same period of last year and 17.4% when compared to the previous quarter. Historically, the bank’s revenues containing of interest, fee a...
By Helgi Library - March 1, 2020
HDBank generated total banking revenues of VND 3,413 bil in the fourth quarter of 2019, up 26.5% when compared to the same period of last year and 17.4% when compared to the previous quarter. Historically, the bank’s revenues containing of interest, fee a...
By Helgi Library - March 1, 2020
HDBank stock traded at VND 27,550 per share at the end of fourth quarter of 2019 implying a market capitalization of USD 1,159 mil. Over the last five years, the stock has appreciated by 0 implying an annual average growth of 0% In absolute terms, the val...
By Helgi Library - March 1, 2020
HDBank stock traded at VND 27,550 per share at the end of fourth quarter of 2019 implying a market capitalization of USD 1,159 mil. Over the last five years, the stock has appreciated by 0 implying an annual average growth of 0% In absolute terms, the val...
By Helgi Library - March 1, 2020
HDBank's Equity reached 8.88% of total assets in the 4Q2019, up from 7.79% for the previous year. As a share of net customer loans, the ratio amounted to 14.1% at the end of the fourth quarter of 2019. ...
HDBank has been growing its revenues and asset by 37.2% and 28.2% a year on average in the last 10 years. Its loans and deposits have grown by 33.3% and 30.2% a year during that time and loans to deposits ratio reached 109% at the end of 2019. The company achieved an average return on equity of 10.8% in the last decade with net profit growing 33.9% a year on average. In terms of operating efficiency, its cost to income ratio reached 44.0% in 2019, compared to 54.4% average in the last decade.
Equity represented 8.88% of total assets or 14.1% of loans at the end of 2019. HDBank's non-performing loans were 1.36% of total loans while provisions covered some 81.4% of NPLs at the end of 2019.
HDBank stock traded at VND 27,550 per share at the end of 2019 resulting in a market capitalization of USD 1,159 mil. Over the previous five years, stock price fell by 13.9% or 2.95% a year on average. That’s compared to an average ROE of 12.9% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of 7.50x and price to book value (PBV) of 1.32x in 2019.
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