2897B Stock Overview

Provides various banking services to corporate clients in Taiwan. More details

2897B fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	2/6
Financial Health	6/6
Dividends	3/6

Rewards

Trading at 22.3% below our estimate of its fair value

Risk Analysis

Unstable dividend track record

Profit margins (27.4%) are lower than last year (44.4%)

My Notes

Capture your thoughts, links and company narrative

O-Bank Co., Ltd. Competitors

EnTie Commercial Bank

TWSE:2849

NT$27.6b

Union Bank of Taiwan

TWSE:2838

NT$62.6b

Far Eastern International Bank

TWSE:2845

NT$57.5b

King's Town Bank

TWSE:2809

NT$56.7b

Price History & Performance

Summary of share price highs, lows and changes for O-Bank
Historical stock prices
Current Share Price	NT$11.90
52 Week High	NT$12.05
52 Week Low	NT$11.35
Beta	0.44
1 Month Change	-0.42%
3 Month Change	2.15%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	2.59%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	2897B	TW Banks	TW Market
7D	0%	0%	0%
1Y	n/a	14.1%	27.3%

Return vs Industry: Insufficient data to determine how 2897B performed against the TW Banks industry.

Return vs Market: Insufficient data to determine how 2897B performed against the TW Market.

Price Volatility

Is 2897B's price volatile compared to industry and market?
2897B volatility
2897B Average Weekly Movement	0.7%
Banks Industry Average Movement	2.1%
Market Average Movement	4.4%
10% most volatile stocks in TW Market	7.8%
10% least volatile stocks in TW Market	2.1%

Stable Share Price: 2897B has not had significant price volatility in the past 3 months compared to the TW market.

Volatility Over Time: Insufficient data to determine 2897B's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1999	1,505	Elton Lee	www.o-bank.com

O-Bank Co., Ltd. provides various banking services to corporate clients in Taiwan. It offers corporate banking services, including short, mid, and long term financing for working capitals, and guarantees. The company also provides trade financing services, such as export and import financing services; and project finance and syndicated loan products.

O-Bank Co., Ltd. Fundamentals Summary

How do O-Bank's earnings and revenue compare to its market cap?
2897B fundamental statistics
Market cap	NT$27.78b
Earnings (TTM)	NT$2.52b
Revenue (TTM)	NT$9.21b

11.0x

P/E Ratio

0.7x

P/B Ratio

Is 2897B overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2897B income statement (TTM)
Revenue	NT$9.21b
Cost of Revenue	NT$0
Gross Profit	NT$9.21b
Other Expenses	NT$6.69b
Earnings	NT$2.52b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.90
Gross Margin	100.00%
Net Profit Margin	27.38%
Debt/Equity Ratio	433.8%

How did 2897B perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

48%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/02 20:53
End of Day Share Price	2025/01/22 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

O-Bank Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution