Vietnam Maritime Commercial Joint Stock Bank (HOSE:MSB)

HOSE:MSB Income Statement

Financials in millions VND. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	20,890,741	18,681,257	18,951,085	13,252,114	10,338,591	10,019,692
Interest Paid on Deposits	9,847,860	8,438,193	9,762,570	4,930,323	4,122,347	5,197,303
Net Interest Income	11,042,881	10,243,064	9,188,515	8,321,791	6,216,244	4,822,389
Net Interest Income Growth (YoY)	16.41%	11.48%	10.42%	33.87%	28.90%	57.49%
Income From Trading Activities	-254	-478	-12,705	-2,028	2,031	-8,433
Gain (Loss) on Sale of Assets	-	-	-	-	-	1,924
Gain (Loss) on Sale of Investments	150,335	273,491	511,812	683,122	349,636	560,927
Other Non-Interest Income	3,257,607	3,702,163	2,571,365	1,690,789	4,020,331	1,805,673
Total Non-Interest Income	3,407,688	3,975,176	3,070,472	2,371,883	4,371,998	2,360,091
Non-Interest Income Growth (YoY)	7.50%	29.47%	29.45%	-45.75%	85.25%	42.77%
Revenues Before Loan Losses	14,450,569	14,218,240	12,258,987	10,693,674	10,588,242	7,182,480
Provision for Loan Losses	1,932,852	2,084,463	1,616,746	478,507	1,567,866	1,073,244
Revenue	12,517,717	12,133,777	10,642,241	10,215,167	9,020,376	6,109,236
Revenue Growth (YoY)	17.70%	14.02%	4.18%	13.25%	47.65%	61.19%
Salaries and Employee Benefits	3,109,094	2,901,850	2,838,027	2,647,866	2,397,659	2,088,008
Occupancy Expenses	938,169	753,433	591,356	520,188	466,361	422,920
Federal Deposit Insurance	122,605	109,952	95,736	66,303	67,159	74,898
Selling, General & Administrative	1,439,955	1,317,058	1,150,713	1,055,338	877,583	811,598
Other Non-Interest Expense	145,461	147,642	136,499	138,269	123,151	188,498
Total Non-Interest Expense	5,755,284	5,229,935	4,812,331	4,427,964	3,931,913	3,585,922
EBT Excluding Unusual Items	6,762,433	6,903,842	5,829,910	5,787,203	5,088,463	2,523,314
Pretax Income	6,762,433	6,903,842	5,829,910	5,787,203	5,088,463	2,523,314
Income Tax Expense	1,368,183	1,384,465	1,185,696	1,170,990	1,053,723	512,170
Net Income	5,394,250	5,519,377	4,644,214	4,616,213	4,034,740	2,011,144
Preferred Dividends & Other Adjustments	-	-	-	142,500	-	-
Net Income to Common	5,394,250	5,519,377	4,644,214	4,473,713	4,034,740	2,011,144
Net Income Growth	22.98%	18.84%	0.61%	14.41%	100.62%	92.72%
Basic Shares Outstanding	3,120	3,120	3,120	3,100	3,043	2,833
Diluted Shares Outstanding	3,120	3,120	3,120	3,100	3,043	2,833
Shares Change (YoY)	-	-	0.66%	1.86%	7.42%	-
EPS (Basic)	1728.93	1769.03	1488.53	1443.32	1325.97	709.96
EPS (Diluted)	1728.93	1769.03	1488.53	1443.32	1325.97	709.96
EPS Growth	22.98%	18.84%	3.13%	8.85%	86.77%	92.72%
Effective Tax Rate	20.23%	20.05%	20.34%	20.23%	20.71%	20.30%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.