STB released consolidated results for 9M 2019 with bottom line net profit of VND1.9tn (USD82mn, +106.4% YoY), which achieved 90% our FY2019 forecast. Annualized 9M 2019 ROE and ROA stood at 10.3% and 0.6%, respectively. The results signal a high chance of significantly surpassing our 2019F net income given that loan growth is likely to exceed our forecast of 15.5%, although the wildcard drag may be fourth quarter provisioning.