VietinBank Securities: Sustainable growth, financial safety exceeding standards

In the context of a volatile stock market, VietinBank Securities Joint Stock Company (VietinBank Securities - CTS) continues to maintain its growth momentum with stable financial performance, a safe capital base and a flexible investment strategy.

VietinBank Securities: Sustainable growth, financial safety exceeding standards

Stable business results in volatility

In 2024, VietinBank Securities recorded operating revenue of VND1,132.2 billion, a slight increase compared to the previous year. Profit after tax reached VND460.4 billion, an increase of 0.92%. Although the increase was modest, it showed the company's sustainable operating capacity in market conditions affected by interest rates, investment sentiment and geopolitical factors.

Margin lending activities increased sharply thanks to the market recovery, leading to an increase in brokerage revenue thanks to customer support policies and market share expansion strategies. In addition, restructuring the investment portfolio to stable-performing assets helped optimize profits and reduce risks.

Financial safety ratio far exceeds minimum requirements

According to an independent audit report by Ernst & Young Vietnam, CTS's financial safety ratio in 2024 reached 293.33%, much higher than the minimum level of 180% prescribed by the State Securities Commission. Available capital reached VND9,238.3 billion, while total risk-weighted assets were only VND3,149.5 billion - demonstrating its internal strength and solid financial defense capabilities.

High liquidity ratio helps CTS proactively respond to fluctuations, ensuring payment of financial obligations in both the short and long term. The company does not incur liquidity risks, does not violate investment limits or other important financial regulations.

Effective risk management, optimal cost

In addition to controlling assets and investments, VietinBank Securities also manages expenses well. Operating expenses in 2024 mainly include financial, brokerage and business management expenses. Despite a slight increase, net profit margin remains stable thanks to improved profitability.

CTS also does not incur significant credit risk from lending or investment activities. At the same time, it does not record major operational risks, demonstrating effective internal management and process control capabilities.

Slow but steady profits

The explanation for the difference in profit in 2024 compared to 2023 shows that the increase of 0.92% is reasonable in the context of competition and unstable input costs. Profit comes from core factors such as: Increased revenue from margin lending activities; Growth in brokerage revenue; Reasonable restructuring of investment portfolio; Tight control of operating costs.

A stable and flexible business strategy helps the company maintain efficiency, avoid financial shocks, and continue to strengthen its position in the stock market.

Confidence from the market, towards digital growth

With a strong financial foundation and clear strategic direction, CTS is building trust from both institutional and individual investors. Leveraging the ecosystem of its parent bank – VietinBank – will continue to be a great advantage for the company to expand its operations in the fields of financial consulting, investment banking and technology-integrated brokerage.

In 2025, CTS aims to achieve comprehensive digital transformation, increase customer service efficiency and optimize transaction processes. This is a strategic step to affirm its position in the context of increasingly fierce digital competition in the securities industry.

VietinBank Securities not only maintains financial stability in 2024 but also demonstrates good governance and high adaptability. The financial safety ratio exceeding the standard, stable business performance, and strong digital development orientation are the foundation for the company to enter a sustainable growth cycle in the following years.

One of the bright spots in CTS's 2024 financial picture is its impressive financial safety ratio. According to the audit report, the company's financial safety ratio reached 293.33%, much higher than the minimum of 180% as prescribed by the State Securities Commission (SSC). This shows that CTS has abundant available capital and very low financial risks.

Specifically, the company's total risk assets are VND3,149.5 billion, while available capital reaches VND9,238.3 billion. The high liquidity ratio helps the company ensure its ability to meet short-term and long-term financial obligations, especially in unexpected market situations.

PV

Source: https://congthuong.vn/vietinbank-securities-tang-truong-ben-vung-an-toan-tai-chinh-vuot-chuan-380031.html