On a TTM 2026Q1 basis, VNB has not accelerated revenue, but profitability is improving more visibly — profit is at an all-time high. More notably, profit relies heavily on non-core sources while operating cash flow is negative — these two factors together suggest earnings quality needs cautious evaluation.
Revenue TTM
VND 28bn
−10.6%
Net Margin
299.59%
+48.8pp year on year
ROE
7.1%
TTM