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King's Town Bank TWSE:2809 Stock Report

Last Price

NT$49.85

Market Cap

NT$53.7b

7D

-2.3%

1Y

26.2%

Updated

25 Dec, 2024

Data

Company Financials +

King's Town Bank Co., Ltd.

TWSE:2809 Stock Report

Market Cap: NT$53.7b

2809 Stock Overview

Provides various banking products and services in Taiwan. More details

2809 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends4/6

Rewards

Trading at 41.6% below our estimate of its fair value

Earnings are forecast to grow 6.99% per year

Risk Analysis

Unstable dividend track record


My Notes

Capture your thoughts, links and company narrative

King's Town Bank Co., Ltd. Competitors

Far Eastern International Bank

TWSE:2845

NT$56.4b

Union Bank of Taiwan

TWSE:2838

NT$62.2b

Taichung Commercial Bank

TWSE:2812

NT$103.5b

Taiwan Business Bank

TWSE:2834

NT$136.6b

Price History & Performance

Summary of share price highs, lows and changes for King's Town Bank
Historical stock prices
Current Share PriceNT$49.85
52 Week HighNT$68.00
52 Week LowNT$39.25
Beta0.67
1 Month Change-0.89%
3 Month Change-12.39%
1 Year Change26.20%
3 Year Change22.33%
5 Year Change48.81%
Change since IPO-36.38%

Recent News & Updates

Recent updates

Is King's Town Bank (TPE:2809) A Smart Choice For Dividend Investors?

Feb 22
Is King's Town Bank (TPE:2809) A Smart Choice For Dividend Investors?

King's Town Bank (TPE:2809) Has Gifted Shareholders With A Fantastic 108% Total Return On Their Investment

Dec 31
King's Town Bank (TPE:2809) Has Gifted Shareholders With A Fantastic 108% Total Return On Their Investment

Shareholder Returns

2809TW BanksTW Market
7D-2.3%-0.3%0.5%
1Y26.2%12.0%27.8%

Return vs Industry: 2809 exceeded the TW Banks industry which returned 12% over the past year.

Return vs Market: 2809 underperformed the TW Market which returned 27.8% over the past year.

Price Volatility

Is 2809's price volatile compared to industry and market?
2809 volatility
2809 Average Weekly Movement3.4%
Banks Industry Average Movement2.2%
Market Average Movement4.4%
10% most volatile stocks in TW Market7.8%
10% least volatile stocks in TW Market2.1%

Stable Share Price: 2809 has not had significant price volatility in the past 3 months compared to the TW market.

Volatility Over Time: 2809's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19481,099Hung-Liang Chiangesg.ktb.com.tw

King's Town Bank Co., Ltd., together with its subsidiaries, provides various banking products and services in Taiwan. It accepts check and other deposits; issues financial bonds; and offers loans, bill discounts, investment, and domestic and foreign exchange services. The company also provides draft acceptance, domestic and foreign letters of credit and guarantees, collection and advances, depository and agency services, and other services chartered by the government.

King's Town Bank Co., Ltd. Fundamentals Summary

How do King's Town Bank's earnings and revenue compare to its market cap?
2809 fundamental statistics
Market capNT$53.67b
Earnings (TTM)NT$5.58b
Revenue (TTM)NT$9.60b

9.9x

P/E Ratio

1.0x

P/B Ratio

Is 2809 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2809 income statement (TTM)
RevenueNT$9.60b
Cost of RevenueNT$0
Gross ProfitNT$9.60b
Other ExpensesNT$4.02b
EarningsNT$5.58b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)5.02
Gross Margin100.00%
Net Profit Margin58.10%
Debt/Equity Ratio61.5%

How did 2809 perform over the long term?

See historical performance and comparison

Dividends

6.0%

Current Dividend Yield

60%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 12:00
End of Day Share Price 2024/12/25 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

King's Town Bank Co., Ltd. is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Zhenwei LinCapital Securities Corporation
Qiuxiang LinIBTS Investment Consulting Co., Ltd.
Chao-Heng ChiangJih Sun Securities Investment Consulting Co., Ltd.