MBB released consolidated results for 9M 2023 with PBT of VND20.0tn (USD814mn; +10.0% YoY), completing 76% of our FY2023 forecast and implying Q3 2023 PBT of VND7.3tn (+15.7% YoY; +17.0% QoQ). Overall, MBB’s bottom line tracked in line with our full-year