Taishin Financial Holding Third Quarter 2024 Earnings: EPS: NT$0.43 (vs NT$0.21 in 3Q 2023)

Taishin Financial Holding (TWSE:2887) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$16.8b (up 34% from 3Q 2023).
• Net income: NT$6.08b (up 123% from 3Q 2023).
• Profit margin: 36% (up from 22% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: NT$0.43 (up from NT$0.21 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Taishin Financial Holding Earnings Insights

Looking ahead, revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 10.0% decline forecast for the Banks industry in Taiwan.

Performance of the Taiwanese Banks industry.

The company's shares are down 1.4% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Taishin Financial Holding (1 is a bit unpleasant) you should be aware of.

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