MBB – Earnings Flash – 20181024
- MBB sustained strong growth momentum with 3Q18 pretax profit rising 47.9% yoy and 14.4% qoq.
- 9M18 pretax profit reached VND6,015bn, up 50.3% yoy, fulfilling 88% of the bank’s full-year target and was in line at 78% of our full-year projection.
- Our Add rating and target price of VND33,400 are intact.
|
Market Price
|
Target Price
|
Dividend Yield
|
Rating
|
Sector
|
|
VND34,700
|
VND38,600
|
1.73%
|
ADD
|
FINANCIALS
|
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