Hochiminh city Stock Exchange (STC) has announced the removal of VPB-coded shares of Vietnam Prosperity Joint Stock Commercial Bank (VPBank) from the list of stocks not eligible for margin trading.
The ban was lifted upon the expiry of six months from the first trading date (August 17, 2017).
On the stock market, as of March 6, VPBank stock price was 61,800 dong per share, up 42 percent from the beginning of the year and the average liquidity was nearly 4.3 million shares per session.
In 2017, VPBank recorded the total operating income in 2017 at more than 25.023 trillion dong, up 48 percent from 2016, of which, the net interest income rose 36 percent. The net interest from service operation touched more than 1.448 trillion dong, up 70 percent from 2016.
The aforementioned results brought VPBank’s profit growth rate in 2017 to reach about 65 percent, hitting 8.126 trillion dong pre-tax profit and 6.438 trillion dong after-tax profit respectively. The ROE and ROA was 27.47 percent and 2.54 percent respectively. The EPS was 4,100 dong per share and it is also the bank that has announced the highest 2017 EPS so far.
