TCB [BUY +24.1%] - NIM to rebound in 2024 - Update
  • 09 Aug 2023
  • Company Research
- We maintain our target price (TP) for TCB at VND42,200/share and our BUY rating. - The positive impact on our valuation from a 0.9% aggregate increase in our 2023-2027F NPAT-MI projection is offset by our higher assumption for TCB’s cost of equity due t