- BIDV’s profit after tax for the second quarter of 2024 increased to 6.5 trillion dong, up 18% compared to the same period last year.
- For the first half of 2024, BIDV reported a profit after tax of 12.4 trillion dong, representing a 12% increase year-over-year.
- As of June 30, 2024, BIDV’s total assets were 2,521 trillion dong, up from 2,300 trillion dong at the end of the previous year.
- Analyst recommendations for BIDV include 7 buys, 2 holds, and no sells.
A look at Bank For Investment And Deve Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Bank For Investment And Development’s long-term outlook, as assessed by Smartkarma Smart Scores, indicates a mixed picture. While the company excels in areas of growth and momentum with high scores of 5 and 3 respectively, it falls short in terms of value, dividend, and resilience, with scores of 2, 1, and 2. Despite the lower scores in these areas, Bank For Investment And Development remains well-positioned for growth and shows positive momentum in its operations.
As a commercial bank offering a range of services including deposits, personal loans, e-banking, and trade finance, Bank For Investment And Development of Vietnam caters to a diverse customer base. With a strong focus on growth and staying competitive in the market, the company’s high score in growth highlights its potential for expansion and development in the long term, supported by a positive momentum score that suggests ongoing progress and performance.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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