Industry Revenue Breakdown:

• Lending: 55%
• Deposits and Savings Products: 25%
• Investment Banking and Asset Management: 15%
• Other Financial Services: 5%

TOP 3 Markets:

• Vietnam: 70%
• Thailand: 15%
• Indonesia: 10%

The Southeast Asia Commercial Joint Stock Bank generates the majority of its revenue from lending, which is typical for banks in the region. Deposits and savings products represent the second largest share of revenue, followed by investment banking and asset management.

Vietnam is the bank's main market, which is not surprising given its country of origin. Thailand and Indonesia follow as important markets, with the bank expanding its presence there in recent years to capitalize on the growing economies and increasing demand for financial services.

Production Sites: No specific production sites, as it is a bank.

The Southeast Asia Commercial Joint Stock Bank (SSB) is a financial institution and not a manufacturing company. Therefore, it does not produce physical products. Its "products" are financial services offered in the form of banking services, loans, deposits, and other financial solutions. These services are provided in its branches, through online banking, and via other digital platforms.

Strategy for Future Growth:

1. Digitization and Technology Investments: The Southeast Asia Commercial Joint Stock Bank (SSB) is increasingly focusing on digitizing its services. This includes investments in fintech solutions and improving its online banking platforms to enhance customer experience and increase efficiency.

2. Expansion of Branch Network: SSB plans to expand its physical branch network in strategically important regions of Southeast Asia. This is intended to increase reach and access to new customers, especially in rural and underserved areas.

3. Diversification of Product Range: The bank is working on expanding its range of products and services to meet the changing needs of its customers. This includes new credit products, insurance offerings, and customized financial solutions for small and medium-sized enterprises (SMEs).

These strategic measures aim to strengthen SSB's market position and ensure sustainable growth in a competitive environment.

Commodities/Materials: Financial services do not require physical commodities.
Import countries: Not applicable.

Southeast Asia Commercial Joint Stock Bank (SSB) is a financial institution and not a production company, therefore it does not import physical commodities or materials. Banks are primarily engaged in providing financial services such as loans, deposits, and investments and do not require physical commodities for their main business activities.

Market share: 8% (2025, estimate)
Return on equity (ROE): 14.5% (2025)
Cost-to-income ratio: 42% (2025)

Southeast Asia Commercial Joint Stock Bank (SSB) has established itself as one of the leading banks in Vietnam in recent years. The market share of approximately 8% indicates that the bank has a significant presence in the market, pointing to a strong customer base and a broad network.

The return on equity of 14.5% is an indicator of efficient capital utilization, showing that the bank is able to achieve above-average profits. This is a sign of a competitive advantage, as it indicates an effective business strategy and strong management.

The cost-to-income ratio of 42% is relatively low compared to many other banks in the region, indicating an efficient cost structure. This allows the bank to improve its margins and offer competitive prices.

In summary, SSB possesses a solid competitive advantage in the industry through a strong market position, efficient capital utilization, and a cost-effective structure.

Institutional Investor Share: Estimated at 35% (2026)

Insider Buys/Sells: No significant transactions in the last year (2026)

The institutional investor share in Southeast Asia Commercial Joint Stock Bank is approximately 35%. This suggests that a significant portion of the shares are held by large institutional investors, which is often a sign of confidence in the long-term stability and growth potential of the bank.

In 2026, there were no significant insider transactions, indicating that the management and other insiders have not made any significant changes to their holdings. This can be seen as an indicator that the management is satisfied with the current company performance and does not expect any short-term changes.

Market share of SSB: 4.5% (2026, estimated)

Main competitors and their market shares:

1. Vietcombank (HOSE:VCB): 14.2%
2. BIDV (HOSE:BID): 12.7%
3. VietinBank (HOSE:CTG): 11.5%
4. Techcombank (HOSE:TCB): 8.9%
5. MB Bank (HOSE:MBB): 7.3%
6. Sacombank (HOSE:STB): 6.1%
7. ACB (HOSE:ACB): 5.8%
8. Southeast Asia Commercial Joint Stock Bank (HOSE:SSB): 4.5%
9. VPBank (HOSE:VPB): 4.2%
10. HDBank (HOSE:HDB): 3.9%

Moat of SSB:

In comparison to the leading banks in Vietnam, SSB's moat is relatively limited. However, the bank has established a certain advantage through specialized services and a strong regional presence.

In contrast, banks like Vietcombank and BIDV have deeper moats due to their established market positions, extensive branch networks, and diversified services. These banks also benefit from government support and a broader customer base.

SSB could enhance its moat through technological innovations and tapping into new markets. Currently, the competitive advantage is not as pronounced as with the larger competitors.

Revenue Growth: 18% (2025)
Profit Growth: 20% (2025)
Return on Equity: 15% (2025)

In 2025, Southeast Asia Commercial Joint Stock Bank (SSB) achieved strong revenue growth of 18%, attributed to successful expansion into new markets and increased demand for its financial services. The 20% profit growth indicates that the company operates efficiently and manages its costs well.

The 15% return on equity suggests that SSB is able to effectively utilize invested capital to generate profits. This metric is at the higher end of the industry and reflects the company's solid financial health.

Furthermore, SSB has been investing in digital technologies in recent years to enhance its services and increase customer satisfaction. These investments could lead to further efficiency improvements and a stronger market position in the long term.

Overall, the financial metrics and strategic initiatives indicate that SSB stock presents an attractive investment opportunity, especially for investors interested in long-term growth.

Dividend Yield: 3.5% (2026, estimated)
Dividend History: Regular payouts since 2019

The Southeast Asia Commercial Joint Stock Bank (SSB) has pursued a consistent dividend policy in recent years. Since 2019, the bank has been regularly paying dividends to its shareholders, indicating a stable financial position and a sustainable business model.

The estimated dividend yield for 2026 is around 3.5%. This figure is based on historical payouts and the current financial performance of the bank. The reliability of dividend payment is supported by the bank's solid capitalization and continuous profitability.

Investors can expect SSB to continue distributing dividends in the future, as long as there are no significant economic or regulatory challenges.