Taiwan Business Bank Second Quarter 2024 Earnings: EPS: NT$0.41 (vs NT$0.30 in 2Q 2023)
Taiwan Business Bank (TWSE:2834) Second Quarter 2024 Results
Key Financial Results
- Revenue: NT$8.37b (up 13% from 2Q 2023).
- Net income: NT$3.40b (up 25% from 2Q 2023).
- Profit margin: 41% (up from 37% in 2Q 2023). The increase in margin was driven by higher revenue.
- EPS: NT$0.41 (up from NT$0.30 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Taiwan Business Bank's share price is broadly unchanged from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Taiwan Business Bank's balance sheet.
Valuation is complex, but we're here to simplify it.
Discover if Taiwan Business Bank might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About TWSE:2834
Taiwan Business Bank
Engages in the provision of banking and financial services to small and medium-size businesses in Taiwan, the United States, Hong Kong, Australia, China, Cambodia, and Japan.
Flawless balance sheet and slightly overvalued.