CTBC Financial Holding Co., Ltd.

TWSE:2891 Stock Report

Market Cap: NT$767.2b

CTBC Financial Holding Past Earnings Performance

Past criteria checks 5/6

CTBC Financial Holding has been growing earnings at an average annual rate of 5.2%, while the Banks industry saw earnings growing at 6.4% annually. Revenues have been declining at an average rate of 1.6% per year. CTBC Financial Holding's return on equity is 13.2%, and it has net margins of 12.9%.

Key information

5.2%

Earnings growth rate

5.2%

EPS growth rate

Banks Industry Growth6.1%
Revenue growth rate-1.6%
Return on equity13.2%
Net Margin12.9%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Does CTBC Financial Holding (TWSE:2891) Deserve A Spot On Your Watchlist?

Sep 30
Does CTBC Financial Holding (TWSE:2891) Deserve A Spot On Your Watchlist?

Revenue & Expenses Breakdown

How CTBC Financial Holding makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TWSE:2891 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24503,94865,07490,7140
30 Jun 24447,35762,33587,5390
31 Mar 24431,01861,90285,1420
31 Dec 23425,45955,01182,3510
30 Sep 23413,80046,60979,8260
30 Jun 23369,66635,79774,6690
31 Mar 23311,89426,87669,1570
31 Dec 22282,91030,20968,2020
30 Sep 22225,50538,84768,1920
30 Jun 22280,86742,91169,4140
31 Mar 22349,38049,71969,8260
31 Dec 21383,64553,13569,0510
30 Sep 21423,57052,13264,4950
30 Jun 21432,23357,12662,9030
31 Mar 21430,73749,41365,5020
31 Dec 20424,35141,86463,1600
30 Sep 20436,42539,84364,8260
30 Jun 20434,78340,67364,9790
31 Mar 20426,86743,21662,7880
31 Dec 19441,97342,13063,2600
30 Sep 19443,13542,21259,2450
30 Jun 19450,92133,77560,0840
31 Mar 19426,90334,86460,1220
31 Dec 18426,94236,01859,4750
30 Sep 18423,79537,43361,8050
30 Jun 18417,60139,71760,7690
31 Mar 18439,46339,23659,7530
31 Dec 17463,04537,22258,3720
30 Sep 17430,20035,61856,9050
30 Jun 17431,37733,01957,1610
31 Mar 17433,01331,57755,8900
31 Dec 16397,25727,92958,5130
30 Sep 16387,59433,78158,2580
30 Jun 16333,34432,47754,1920
31 Mar 16297,03332,18853,8380
31 Dec 15259,11635,39849,9170
30 Sep 15233,66727,09451,5240
30 Jun 15243,27828,18251,6070
31 Mar 15232,76141,41648,9180
31 Dec 14220,41739,43746,9850
30 Sep 14215,78040,52141,0280
30 Jun 14186,77036,68038,5660
31 Mar 14172,37122,85436,4990

Quality Earnings: 2891 has high quality earnings.

Growing Profit Margin: 2891's current net profit margins (12.9%) are higher than last year (11.3%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 2891's earnings have grown by 5.2% per year over the past 5 years.

Accelerating Growth: 2891's earnings growth over the past year (39.6%) exceeds its 5-year average (5.2% per year).

Earnings vs Industry: 2891 earnings growth over the past year (39.6%) exceeded the Banks industry 2.6%.

Return on Equity

High ROE: 2891's Return on Equity (13.2%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 04:07
End of Day Share Price 2025/01/02 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

CTBC Financial Holding Co., Ltd. is covered by 27 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Noel ChanBarclays
Dominic ChanBNP Paribas Securities (Asia)
Brooksley KangBofA Global Research