First Financial Holding Third Quarter 2024 Earnings: EPS Beats Expectations

First Financial Holding (TWSE:2892) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$16.9b (up 7.8% from 3Q 2023).
• Net income: NT$7.08b (up 21% from 3Q 2023).
• Profit margin: 42% (up from 38% in 3Q 2023).
• EPS: NT$0.50 (up from NT$0.42 in 3Q 2023).

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

First Financial Holding EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.1%.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 9.8% decline forecast for the Banks industry in Taiwan.

Performance of the Taiwanese Banks industry.

The company's shares are down 1.6% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with First Financial Holding (including 1 which makes us a bit uncomfortable).

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