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Taiwanese (TAIEX) Banks Industry Analysis

UpdatedDec 30, 2024
DataAggregated Company Financials
Companies19
  • 7D1.6%
  • 3M0.7%
  • 1Y10.3%
  • YTD10.5%

In the last week, the Banks industry is up 1.6%, with CTBC Financial Holding up 2.5%. In the last 12 months, the industry was up 10%. Earnings are forecast to grow by 1.1% annually.

Industry Valuation and Performance

Has the Taiwanese Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 30 Dec 2024NT$4.3tNT$1.1tNT$295.5b14.2x14.6x3.8x
Wed, 27 Nov 2024NT$4.3tNT$1.1tNT$290.3b15.8x14.9x3.9x
Fri, 25 Oct 2024NT$4.3tNT$1.1tNT$284.1b15.9x15.1x4x
Sun, 22 Sep 2024NT$4.3tNT$1.1tNT$284.1b15.9x15x4x
Tue, 20 Aug 2024NT$4.3tNT$1.0tNT$278.2b15.2x15.4x4.2x
Thu, 18 Jul 2024NT$4.5tNT$1.0tNT$281.9b15.2x15.9x4.4x
Sat, 15 Jun 2024NT$4.3tNT$1.0tNT$281.2b14.9x15.4x4.2x
Mon, 13 May 2024NT$4.4tNT$807.3bNT$268.7b15.6x16.3x5.4x
Wed, 10 Apr 2024NT$4.1tNT$806.6bNT$268.5b15.3x15.4x5.1x
Fri, 08 Mar 2024NT$3.9tNT$939.2bNT$259.9b14.8x15.1x4.2x
Sun, 04 Feb 2024NT$3.8tNT$946.1bNT$265.4b14x14.4x4.1x
Tue, 02 Jan 2024NT$3.9tNT$946.1bNT$265.4b14.7x14.8x4.2x
Thu, 30 Nov 2023NT$3.9tNT$904.8bNT$263.2b14.6x14.7x4.3x
Sat, 28 Oct 2023NT$3.6tNT$897.8bNT$250.1b13.7x14.6x4.1x
Mon, 25 Sep 2023NT$3.7tNT$897.8bNT$250.1b13.6x14.6x4.1x
Wed, 23 Aug 2023NT$3.6tNT$838.9bNT$225.3b15.2x16.1x4.3x
Fri, 21 Jul 2023NT$3.8tNT$835.3bNT$222.5b15.8x17.2x4.6x
Sun, 18 Jun 2023NT$3.7tNT$799.1bNT$222.8b16x16.7x4.7x
Tue, 16 May 2023NT$3.6tNT$782.4bNT$210.3b16.4x17.2x4.6x
Thu, 13 Apr 2023NT$3.5tNT$780.0bNT$208.9b16.4x16.8x4.5x
Sat, 11 Mar 2023NT$3.5tNT$796.5bNT$218.8b14.9x15.9x4.4x
Mon, 06 Feb 2023NT$3.5tNT$786.0bNT$208.6b16x16.7x4.4x
Wed, 04 Jan 2023NT$3.4tNT$786.0bNT$208.6b15.3x16.2x4.3x
Fri, 02 Dec 2022NT$3.4tNT$836.7bNT$212.7b15.9x16.2x4.1x
Sun, 30 Oct 2022NT$3.2tNT$828.9bNT$211.1b15.3x15.1x3.9x
Tue, 27 Sep 2022NT$3.4tNT$828.9bNT$211.1b16.3x16.2x4.1x
Thu, 25 Aug 2022NT$3.6tNT$869.0bNT$218.4b16.8x16.3x4.1x
Sat, 23 Jul 2022NT$3.4tNT$903.5bNT$233.8b14.7x14.4x3.7x
Mon, 20 Jun 2022NT$3.5tNT$903.5bNT$233.8b15.1x15.1x3.9x
Wed, 18 May 2022NT$3.5tNT$916.2bNT$240.8b14.5x14.5x3.8x
Fri, 15 Apr 2022NT$3.9tNT$917.8bNT$242.4b15.6x16.3x4.3x
Sun, 13 Mar 2022NT$3.6tNT$932.8bNT$240.7b15.4x14.8x3.8x
Tue, 08 Feb 2022NT$3.6tNT$933.6bNT$242.1b15.8x15.1x3.9x
Thu, 06 Jan 2022NT$3.4tNT$933.6bNT$242.1b15.1x14.2x3.7x
Price to Earnings Ratio

14.2x


Total Market Cap: NT$3.4tTotal Earnings: NT$242.1bTotal Revenue: NT$933.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Banks Industry Price to Earnings3Y Average 15.6x20232024
Current Industry PE
  • Investors are relatively neutral on the Taiwanese Banks industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 15.6x.
  • The 3-year average PS ratio of 4.2x is higher than the industry's current PS ratio of 3.8x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 6.9% per year over the last three years.
  • Revenues for these companies have grown 6.6% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Taiwanese Financials industry?

TW Market3.20%
Financials1.89%
Banks1.61%
Diversified Banks1.61%
Regional Banks1.45%
Industry PE
  • Investors are most optimistic about the Regional Banks industry which is trading above its 3-year average PE ratio of 19.7x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading close to its 3-year average of 15.6x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 1.1% over the next 5 years.
  • However this is lower than its past earnings growth rate of 4.5% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
2891 CTBC Financial HoldingNT$39.450.4%
+NT$2.9b		39.2%PB1.6x
2801 Chang Hwa Commercial BankNT$18.001.1%
+NT$2.2b		3.8%PB1x
2886 Mega Financial HoldingNT$38.800.4%
+NT$2.2b		1.9%PB1.6x
2887 Taishin Financial HoldingNT$17.650.9%
+NT$1.9b		1.4%PB1.1x
2880 Hua Nan Financial HoldingsNT$26.550.4%
+NT$1.4b		20.0%PB1.7x
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Latest News

2801

NT$18.00

Chang Hwa Commercial Bank

7D

1.1%

1Y

3.8%

2884

NT$27.10

E.SUN Financial Holding Company

7D

-0.9%

1Y

7.1%

2880

NT$26.55

Hua Nan Financial Holdings

7D

0.4%

1Y

20.0%

2834

NT$14.95

Taiwan Business Bank

7D

0.7%

1Y

21.7%

2897

NT$9.92

O-Bank

7D

2.1%

1Y

-0.6%

2892

NT$27.25

First Financial Holding

7D

-0.7%

1Y

2.4%

2887

NT$17.65

Taishin Financial Holding

7D

0.9%

1Y

1.4%

5876

NT$39.80

Shanghai Commercial & Savings Bank

7D

-4.1%

1Y

-15.0%

2886

NT$38.80

Mega Financial Holding

7D

0.4%

1Y

1.9%

5880

NT$24.40

Taiwan Cooperative Financial Holding

7D

-0.4%

1Y

-5.4%

2891

NT$39.45

CTBC Financial Holding

7D

0.4%

1Y

39.2%

2838

NT$15.25

Union Bank of Taiwan

7D

-0.7%

1Y

13.3%

2845

NT$13.25

Far Eastern International Bank

7D

-0.7%

1Y

10.0%

2890

NT$23.15

SinoPac Financial Holdings

7D

-1.1%

1Y

20.5%

SinoPac Financial Holdings Company Limited Beat Revenue Forecasts By 18%: Here's What Analysts Are Forecasting Next

Nov 17
SinoPac Financial Holdings Company Limited Beat Revenue Forecasts By 18%: Here's What Analysts Are Forecasting Next

2809

NT$51.40

King's Town Bank

7D

1.8%

1Y

28.7%

5863

NT$12.25

Taipei Star Bank

7D

-2.8%

1Y

-16.9%