Yuanta Financial Holding Third Quarter 2024 Earnings: EPS: NT$0.73 (vs NT$0.66 in 3Q 2023)

Yuanta Financial Holding (TWSE:2885) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$46.2b (up 30% from 3Q 2023).
• Net income: NT$9.43b (up 10% from 3Q 2023).
• Profit margin: 20% (down from 24% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: NT$0.73 (up from NT$0.66 in 3Q 2023).

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

Yuanta Financial Holding Earnings Insights

Looking ahead, revenue is expected to decline by 5.0% p.a. on average during the next 3 years, while revenues in the Diversified Financial industry in Asia are expected to grow by 7.6%.

Performance of the market in Taiwan.

The company's shares are up 2.9% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Yuanta Financial Holding (including 1 which doesn't sit too well with us).

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