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

SinoPac Financial Holdings Company Limited (TWSE:2890) just released its latest quarterly results and things are looking bullish. It was a positive result, with revenues and statutory earnings per share (EPS) both performing well. Revenues were 18% higher than the analysts had forecast, at NT$17b, while EPS of NT$0.50 beat analyst models by 4.2%. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

View our latest analysis for SinoPac Financial Holdings

Taking into account the latest results, the current consensus, from the three analysts covering SinoPac Financial Holdings, is for revenues of NT$49.9b in 2025. This implies an uncomfortable 16% reduction in SinoPac Financial Holdings' revenue over the past 12 months. Per-share earnings are expected to rise 4.4% to NT$1.85. In the lead-up to this report, the analysts had been modelling revenues of NT$60.8b and earnings per share (EPS) of NT$1.79 in 2025. It looks like there's been a meaningful change to the consensus view following the recent earnings report, with the analysts making a substantial drop in to revenue forecasts and a modest lift to to next year's earnings estimates.

There's been no real change to the average price target of NT$24.70, with the lower revenue and higher earnings forecasts not expected to meaningfully impact the company's valuation over a longer timeframe. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. The most optimistic SinoPac Financial Holdings analyst has a price target of NT$25.00 per share, while the most pessimistic values it at NT$24.10. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or thatthe analysts have a strong view on its prospects.

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. We would highlight that revenue is expected to reverse, with a forecast 13% annualised decline to the end of 2025. That is a notable change from historical growth of 11% over the last five years. Yet aggregate analyst estimates for other companies in the industry suggest that industry revenues are forecast to decline 6.9% per year. The forecasts do look bearish for SinoPac Financial Holdings, since they're expecting it to shrink faster than the industry.

The Bottom Line

The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards SinoPac Financial Holdings following these results. Unfortunately they also downgraded their revenue estimates, and our analysts estimates suggest that SinoPac Financial Holdings is still expected to perform worse than the wider industry. Yet - earnings are more important to the intrinsic value of the business. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for SinoPac Financial Holdings going out to 2026, and you can see them free on our platform here..

You should always think about risks though. Case in point, we've spotted 1 warning sign for SinoPac Financial Holdings you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.