中文

SGB

SGB UPCOM Banks 6 News →
₫12,800
+0.00% 2026-09-15 · Close
AI Composite Signal
5.0 / 10
Neutral — 5-signal composite
Mkt Cap
4.5T
₫4.5T
P/E
39.8
P/B
1.1
ROE
2.6%
ROA
0.3%
EPS
314
Price Chart
What matters now

SGB (SGB) is a company in Vietnam's Banks sector, listed on UPCOM. The stock last traded at 12,800 VND, little changed on the session, giving a market capitalization of 4.5 trillion VND.

On valuation, SGB trades at a price-to-earnings ratio of 39.8 and a price-to-book of 1.1. That is a premium to the Banks sector average P/E of 35.8. Return on equity of 2.6% points to weak profitability relative to the company's equity base, below the sector average of 12.8%. Trailing earnings per share stand at 314 VND.

Aveluro tracks 22 news items mentioning SGB, where recent coverage skews negative (50% of articles). The most recent catalyst was a sector sentiment event — "VIS Rating: Vietnam Bank Credit Divergence to Persist in H2 2026". Aveluro's composite model rates SGB 5.0/10 (Neutral), blending news sentiment, price momentum, and fundamentals.

Comparable names in the Banks sector include ABB, ACB and BAB.

Latest catalyst

VIS Rating: Vietnam Bank Credit Divergence to Persist in H2 2026

Recent Developments

Recent developments around SGB include 5 notable classified events. On Aug 26, 2026, a market event was reported: VIS Rating expects credit profile divergence among Vietnamese banks to persist in H2 2026, with industry NPLs rising to 3.8% and loss absorption buffers (LLCR) down to 79%. On Aug 21, 2026, a market event was reported: On August 21, Vietnamese bank stocks rallied strongly, lifting VN-Index by 1.95% to 1,768.12. On Aug 04, 2026, a macro policy event was reported: The State Bank of Vietnam raised the share of State Treasury deposits counted in the LDR ratio from 20% to 50%, effective August 1, 2026 to July 31, 2028. On Aug 01, 2026, an earnings miss was reported: Eximbank (EIB) and peers Sacombank (STB), Saigonbank (SGB), and LPBank (LPB) reported first-half profit declines, with Saigonbank down over 70% and Eximbank down more than half, driven by sharply higher credit risk provisions and weak credit growth. On Jul 31, 2026, a macro policy event was reported: The State Bank of Vietnam's Decision 1743/QD-NHNN, effective August 1, 2026, reduces the deduction rate for State Treasury term deposits in the LDR calculation from 80% to 50%.

The overall tone of recent coverage is positive, with 3 of 5 events carrying bullish sentiment.

AI Signal Breakdown
Bearish Neutral Bullish
5.0 / 10
Neutral
Sentiment
+0.00
Impact
0.50
Momentum
-0.38
Fundamentals
-0.60
Volume
0.00
Sentiment 30% · Impact 20% · Momentum 20% · Fundamentals 15% · Volume 15%
News Sentiment
22
Articles Analyzed
Negative 11
Positive 8
Mixed 2
Neutral 1
Recent News
Aug 26, 2026 Full Analysis Negative sector sentiment
VIS Rating expects credit profile divergence among Vietnamese banks to persist in H2 2026, with industry NPLs rising to 3.8% and loss absorption buffers (LLCR) down to 79%. Smaller banks like OCB, LPB, SGB, VAB, KLB, and ABB face heightened retail stress, while large banks show mixed resilience.
Aug 21, 2026 Full Analysis Positive sector sentiment
On August 21, Vietnamese bank stocks rallied strongly, lifting VN-Index by 1.95% to 1,768.12. Foreign investors net bought over 11.8 million SHB shares worth about 139 billion VND, driving SHB to the highest liquidity in the sector.
Aug 04, 2026 Full Analysis Positive macro policy
The State Bank of Vietnam raised the share of State Treasury deposits counted in the LDR ratio from 20% to 50%, effective August 1, 2026 to July 31, 2028. This eases liquidity constraints for major banks like BID, VCB, and CTG, potentially cooling deposit rate competition and supporting credit growth.
Aug 01, 2026 Full Analysis Negative earnings miss
Eximbank (EIB) and peers Sacombank (STB), Saigonbank (SGB), and LPBank (LPB) reported first-half profit declines, with Saigonbank down over 70% and Eximbank down more than half, driven by sharply higher credit risk provisions and weak credit growth. Sacombank's provisions surged 6.5x year-on-year, while LPBank saw only a mild dip.
Jul 31, 2026 Full Analysis Positive macro policy
The State Bank of Vietnam's Decision 1743/QD-NHNN, effective August 1, 2026, reduces the deduction rate for State Treasury term deposits in the LDR calculation from 80% to 50%. This gives banks, especially Big4 state-owned lenders like Vietcombank (VCB), more room for credit growth without raising funding costs, as they hold nearly all State Treasury deposits.
Jul 29, 2026 Full Analysis Negative earnings miss
Saigonbank (SGB) posted a 72% drop in H1 2026 pre-tax profit to VND 48B, including a Q2 loss of VND 40B, as provisioning costs surged 62.4%. Eximbank (EIB) profit fell 51% to VND 730B, Sacombank (STB) declined ~50% to VND 1,900-2,000B, and LPBank (LPB) slipped 3% to VND 5,973B.
Jul 29, 2026 Full Analysis Negative earnings miss
Four Vietnamese banks reported H1 2026 profit declines: Saigonbank (SGB) fell 72% to VND 48B, Eximbank (EIB) dropped 51% to ~VND 730B, Sacombank (STB) decreased ~50% to VND 1,900-2,000B, and LPBank (LPB) slipped 3% to VND 5,973B. The results highlight rising credit costs and margin compression across the sector.
Jul 26, 2026 Full Analysis Negative earnings miss
Saigonbank (SGB) swung to a pre-tax loss of 40 billion VND in Q2 2026, reversing a 76.4 billion VND profit a year earlier, bringing H1 profit down 72.4% to 48 billion VND. Eximbank (EIB) reported H1 pre-tax profit of 730 billion VND, down 51% year-on-year, achieving 48% of its full-year target.
Jul 26, 2026 Full Analysis Mixed earnings miss
Saigonbank (SGB) posted a H1 2026 pre-tax loss of VND 48B, down 72% YoY, while Eximbank (EIB) saw profit fall 51% to VND 730B. In contrast, ABBank (ABB) surged 80% to VND 3,016B, Kienlongbank (KLB) rose 28% to VND 1,176B, and Vietbank (VAB) gained 79% to VND 923B.
Jul 25, 2026 Full Analysis Negative earnings miss
Saigonbank (SGB) reported a pre-tax loss of 40 billion VND in Q2 2026, versus a profit of 76.4 billion VND a year earlier, driven by a 31.34% decline in net interest income and a 62.38% surge in credit provisions. Cumulative 6-month pre-tax profit fell 72.41% to 48 billion VND, making SGB the first Vietnamese bank to disclose a quarterly loss for the period.
May 31, 2026 Full Analysis Positive regulation change
The State Bank of Vietnam (SBV) exempts 25 commercial banks from including social housing, industrial park, and export processing zone loans in real estate credit growth limits from January 1, 2026. This regulatory change supports targeted lending while maintaining overall credit controls, benefiting banks like ACB, BID, and CTG with expanded capacity for priority sectors.
May 17, 2026 Full Analysis Negative sector sentiment
BIDV and Sacombank each reported non-performing loans exceeding VND 40,000 billion in Q1 2026, contributing to an 11% sector-wide NPL surge to VND 292,160 billion. The broad-based deterioration in asset quality raises provisioning costs and pressure on net interest margins for most listed banks, with only three lenders showing improvement.
May 15, 2026 VnEconomy - Chứng khoán Mixed sector sentiment
VnDirect forecasts 2026 banking sector pre-tax profit growth of 18% and credit growth of 17%, with NIM expected to improve to 3.1% by year-end. Large banks like HDB, VPB, ACB, VCB have strong growth plans, while banks with high real estate exposure (TPB, SHB, TCB) and restructuring banks (STB, EIB) are more cautious.
May 09, 2026 Full Analysis Negative sector sentiment
BIDV (BID) saw customer deposits fall by VND 82,031 billion in Q1 2026, the largest absolute decline among 12 listed banks reporting outflows. The sector-wide deposit contraction, concentrated among large private banks, contrasts with strong growth at HDBank and VPBank, highlighting divergent funding dynamics.
Related Stocks — Banks
Stock Analysis

By Aveluro Research Team · Editorial policy · Caveat: Not investment advice. · How Aveluro computed this

Information provided for educational purposes only. Past performance does not guarantee future results. Data sourced from public Vietnamese market feeds.

Last updated: 2026-09-15T16:36:55Z.