Banking and Financial Services: 70%
Insurance Services: 20%
Real Estate and Investments: 10%

Top 3 Markets:
Vietnam: 60%
Southeast Asia (excluding Vietnam): 25%
International (outside Southeast Asia): 15%

The Military Commercial Joint Stock Bank (MBB) generates the majority of its revenue from banking and financial services, which is typical for a bank of its size and market position. Insurance services and real estate also contribute significantly to the income, indicating a diversification of business areas.

Vietnam remains the main market for MBB, reflecting its strong local presence and customer base. The expansion into other Southeast Asian countries demonstrates the ambition to strengthen regional market presence. International markets outside Southeast Asia are also important, but to a lesser extent.

Production Sites: Vietnam (as of 2023)

The Military Commercial Joint Stock Bank (MBB) is a Vietnamese bank and not a manufacturing company. Therefore, it does not produce physical products. Its "products" refer to financial services such as loans, deposits, insurance, and other banking services, mainly offered in Vietnam.

The bank operates in Vietnam and provides its services through a network of branches and digital platforms.

Revenue Growth: Estimated 10-12% annually (2025-2026) Profit Growth: Estimated 8-10% annually (2025-2026)

The Military Commercial Joint Stock Bank (MBB) is pursuing a growth strategy based on several pillars. Firstly, the bank is increasingly focusing on digitizing its services to enhance customer experience and improve operational efficiency. This includes investments in mobile banking platforms and the implementation of AI-driven solutions for personalized financial services.

Secondly, MBB plans to expand its market presence by opening new branches in strategically important regions. This is intended to enlarge the customer base and increase market penetration.

Furthermore, the bank is focusing on diversifying its product portfolio, especially in the areas of corporate finance and retail banking. This is to be achieved through tailored financial products and services that meet the specific needs of customers.

Finally, MBB aims to establish strategic partnerships and collaborations with fintech companies to develop innovative solutions and explore new business opportunities. These partnerships are intended to strengthen the bank's technological expertise and help it remain successful in the competitive market environment.

Current Data: Not available (As of 2025)

Military Commercial Joint Stock Bank (MBB) is a bank and not a production company, therefore it does not import raw materials or materials in the traditional sense. Banks primarily deal with financial services and not physical goods.

However, when it comes to investments or financing in the raw materials sector, the bank could invest in projects or companies that import raw materials. In such cases, it would be important to analyze the specific investment projects of the bank to obtain more precise information.

For detailed information on MBB's investment strategy in the raw materials sector, it would be advisable to consult the bank's latest annual reports or press releases.

Market share: 8% (2025, estimated)
Return on equity (ROE): 18% (2024)
Cost-Income Ratio: 40% (2024)

Military Commercial Joint Stock Bank (MBB) has a significant competitive advantage in the Vietnamese banking sector. With an estimated market share of 8% in 2025, MBB is one of the leading banks in the country. The bank benefits from a strong capital base and a high return on equity of 18%, indicating efficient use of its resources.

The 40% cost-income ratio shows that MBB effectively manages its operating costs, giving it an advantage over many competitors. This efficiency enables the bank to offer competitive products and services while ensuring its profitability.

Additionally, through technological innovations and digital transformation, MBB has strengthened its market position, increasing customer loyalty and tapping into new customer segments. All of this together gives the bank a sustainable competitive advantage in Vietnam's dynamic financial market.

Institutional Investor Share: Estimated at 40-50% (2025)

Insider Buys/Sells: No significant transactions in the last year

The institutional investor share in the Military Commercial Joint Stock Bank (MBB) is estimated to be around 40-50%. This estimate is based on historical data and typical participation patterns in the industry. Institutional investors play an important role in stabilizing stock prices and often provide long-term support.

Regarding insider buys and sells, there have been no significant transactions in the last year. This could indicate that management has confidence in the current company strategy and sees no need to change their positions. Such information is often an indicator of the internal assessment of future company development.

Market share of MBB: 8.5% (2025, estimated)

Top competitors and their market shares:

1. Vietcombank (HOSE:VCB): 12.3%
2. VietinBank (HOSE:CTG): 10.8%
3. BIDV (HOSE:BID): 10.5%
4. Techcombank (HOSE:TCB): 9.2%
5. Military Commercial Joint Stock Bank (HOSE:MBB): 8.5%
6. Sacombank (HOSE:STB): 6.7%
7. ACB (HNX:ACB): 6.0%
8. VPBank (HOSE:VPB): 5.8%
9. HDBank (HOSE:HDB): 4.9%
10. SHB (HNX:SHB): 4.2%

Moat of MBB:

Military Commercial Joint Stock Bank (MBB) has a moderate moat, mainly supported by its strong connections to the Vietnamese military and state institutions. These relationships provide MBB with a certain advantage in terms of stability and access to specific customer segments.

Compared to major competitors like Vietcombank and VietinBank, which are also state-supported, MBB's moat is less pronounced. Vietcombank and VietinBank benefit from a broader customer base and a more extensive branch network, giving them a stronger competitive edge.

Techcombank and BIDV also pose strong competition, especially through innovative digital offerings and an aggressive expansion strategy. These factors contribute to MBB's moat being considered less significant compared to these competitors.

Overall, MBB has a strategic advantage due to its state connections, but competition in the Vietnamese banking industry is intense, and many competitors have stronger moats through larger market shares and innovation capabilities.

Return on Equity (ROE): 18% (2024) Asset Growth: 12% (2024) Net Interest Margin: 3.5% (2024)

The Military Commercial Joint Stock Bank (MBB) shows a solid Return on Equity of 18%, indicating efficient capital utilization. An ROE at this level is an indicator of strong profitability and can suggest good corporate governance and profitable business activities.

The 12% asset growth in 2024 suggests that the bank was able to successfully expand its balance sheet. This could have been achieved through increased lending or other growth-promoting measures, which is positive for future profitability.

The 3.5% net interest margin indicates that the bank is able to generate a decent profit from its interest operations. This is particularly important in an environment with fluctuating interest rates, as it signals a stable source of income.

Overall, these indicators suggest that MBB stock could be an attractive investment opportunity, especially for investors interested in a stable and growth-oriented bank. However, it is important to also consider other factors such as the macroeconomic environment and regulatory changes in Vietnam before making a final investment decision.

Dividend Yield: 5.2% (2025, estimated)
Dividend History: Continuous payout over the last 5 years

The Military Commercial Joint Stock Bank (HOSE:MBB) has pursued a consistent dividend policy in recent years. A dividend yield of approximately 5.2% is expected for the year 2025, based on current estimates and past payout history.

The bank has regularly paid dividends over the last five years, indicating a reliable payout policy. This continuity is supported by the bank's stable financial performance and growth. Analysts expect the bank to continue distributing dividends at a similar level in the future, provided there are no significant economic or regulatory changes.