Yuanta Financial Holding (2885) Q1 2026 earnings summary

Executive summary

• Consolidated net income for 2025 was NT$39.4bn, up 3% year-over-year, and 1Q26 net income reached NT$15.59bn, up 103% year-over-year, driven by strong growth in both interest and non-interest income.

• ROE for 1Q26 annualized at 11.2%, with EPS of NT$2.74 for 2025 and NT$1.08 for 1Q26.

• The group adopted IFRS 17 for insurance contracts on January 1, 2026, restating comparative 2025 figures and redesignating financial assets.

• Maintained strong capital adequacy across subsidiaries, supporting future growth.

• Total comprehensive income reached $19.27 billion, compared to $10.08 billion in the prior year period.

Financial highlights

• Total assets reached NT$4.64tn at 1Q26, up 20% year-over-year.

• Net interest income rose 23% to $11.26 billion in 1Q26; net fee/non-interest income up 82% to $28.73 billion.

• 1Q26 net income by major subsidiaries: Securities NT$8.7bn (+120% YoY), Bank NT$3.7bn (+45% YoY), Futures NT$700mn (+13% YoY), Funds NT$1.3bn (+30% YoY), Life NT$1.3bn (reversal from loss).

• Dividend policy: 2025 cash dividend NT$1.8/share, stock dividend NT$0.4/share, subject to shareholder approval.

• Earnings per share increased to $1.08 from $0.53 year-over-year.

Outlook and guidance

• ROE target set at 9–11% for 2026–2030, with a balanced risk approach.

• Cash payout ratio maintained at 50–60% of EPS.

• The group expects continued growth in banking, securities, and insurance segments, supported by robust capital adequacy and diversified income streams.

• Management highlights ongoing focus on risk management, capital allocation, and digital transformation.