Galaxy Securities: Most banks are expected to see improved full-year performance in 2025 compared to the first three quarters

The research report from Galaxy Securities indicates that the performance of 14 banks in 2025 will improve compared to the first three quarters, with some joint-stock banks experiencing a positive revenue growth rate and regional banks showing excellent revenue and profit growth. Credit growth remains stable, and the improvement in performance benefits from a narrowing decline in interest margins and a steady decrease in non-performing loan ratios, with the provision coverage ratio maintained at a high level. It is expected that the release of provisions will contribute to net profit. Some banks are expected to increase their provision coverage ratio in the fourth quarter, which may strengthen the provision allocation for key areas