OCB Sets 2026 Profit Target of VND 6,960B, 39% Growth from 2025

Overview

Oriental Commercial Joint Stock Bank (OCB) has set ambitious financial targets for 2026, including a net profit goal of VND 6,960 billion, which represents 39% growth over the 2025 target. The bank also plans to increase its charter capital to over VND 30,600 billion, as approved at its 2026 Annual General Meeting (AGM) held in Hồ Chí Minh City on April 15, 2026. This guidance signals a significant acceleration in earnings growth for the mid-sized Vietnamese bank.

Key Facts

• 2026 net profit target: VND 6,960 billion, a 39% increase from the 2025 target.
• Charter capital increase planned to over VND 30,600 billion.
• 2026 total asset target: VND 354,214 billion, up 10% from year-end 2025 actuals.
• 2026 targets for total deposits (Market 1) and total loans (Market 1): growth of 14% and 15%, respectively.
• 2025 actual performance: Pre-tax profit reached VND 5,022 billion, up 25.4% year-on-year; total assets stood at VND 322,949 billion, up 16.8%.
• Green credit outstanding exceeded VND 21,000 billion at end-2025, up 10.5% year-on-year.
• The AGM also approved a 15% stock dividend plan.

What Happened

At its 2026 Annual General Meeting in Hồ Chí Minh City, Oriental Commercial Joint Stock Bank (OCB) presented and approved its business plan for the year. According to the company’s AGM materials and statements from Chairman Trịnh Văn Tuấn, the bank aims to achieve a net profit of VND 6,960 billion in 2026, which would represent a 39% increase compared to its 2025 target. The plan also includes raising charter capital to over VND 30,600 billion and distributing a 15% stock dividend.

The bank reported that its 2025 performance provided a solid foundation for this ambitious 2026 target. In 2025, OCB focused on restructuring its loan portfolio, prioritizing capital for production, import-export business, public investment, and real estate serving real demand. The bank also emphasized growth in lending to small and medium-sized enterprises (SMEs) and green credit. Chairman Trịnh Văn Tuấn noted that despite global economic uncertainties, Vietnam achieved impressive results, and OCB, as a key financial institution, has been implementing a sustainable development strategy centered on green, low-carbon economic transformation projects.

Market Context

OCB shares (HOSE: OCB) closed at VND 12 on April 10, 2026, up 1.75% on volume of 2.34 million shares. The stock has been trading in a range typical for mid-cap Vietnamese banks, with this new guidance potentially providing a catalyst for re-rating if execution meets targets. The broader Vietnamese banking sector has been navigating a period of selective credit growth and margin pressure, making OCB’s explicit 39% profit growth target notably aggressive compared to sector averages.

Strategic Significance

The 2026 targets underscore OCB’s strategic pivot towards higher-growth, higher-margin segments within Vietnam’s evolving credit landscape. By explicitly targeting SME lending and green credit—which already exceeded VND 21,000 billion in outstanding loans—the bank is positioning itself to capture regulatory tailwinds and market demand for sustainable finance. The planned capital increase to over VND 30,600 billion is critical to funding this loan growth while maintaining regulatory capital ratios, suggesting a balance sheet expansion strategy that prioritizes risk-adjusted returns over sheer scale.

What to Watch

• Quarterly earnings reports in 2026, starting with Q1, to track progress toward the VND 6,960 billion annual profit target.
• Official filing and execution of the charter capital increase to over VND 30,600 billion.
• Monthly credit growth data from the State Bank of Vietnam (SBV) to contextualize OCB’s 15% loan growth target against system-wide trends.
• Updates on the green credit portfolio size and the 15% stock dividend distribution timeline.