E.SUN Financial Holding Company (2884) investor relations material

Executive summary

• Achieved record high net profit in Q1 2026, with net income up 14.2% year-over-year to TWD 10.1 billion and EPS at 0.62.

• Net revenue reached TWD 25.2 billion, up 17.4% year-over-year, with strong performance across core banking, securities, and venture capital segments.

• Effective cost management led to improved cost/income ratio at 46.9%.

• Overseas branches and subsidiaries posted solid profit growth, contributing over 26% of bank's net profit.

• Recognized by Forbes, Global Finance, and S&P Global for excellence in banking, ESG, and sustainability.

Financial highlights

• Total assets reached TWD 4.68 trillion as of March 31, 2026, up from TWD 4.12 trillion a year earlier.

• Net interest income rose 29% year-over-year to TWD 11.87 billion; net fee income grew 27.1% to TWD 8.91 billion.

• Book value per share was TWD 17.6; double leverage ratio at 114.

• ROE at 14.43%, ROA at 0.88%, both highest in five years.

• NPL ratio at 0.10%-0.15%; coverage ratio near 800% or higher.

Outlook and guidance

• Guidance for loan and deposit growth remains above 10% year-over-year.

• Double-digit growth expected for net fee income.

• NIM guidance revised to 2-3 basis points growth, reflecting lower likelihood of Fed rate cuts.

• Mortgage growth rate guidance set at 6% year-over-year, with focus on attractive yields and low risk.

• The company continues to assess the impact of Pillar Two global minimum tax legislation, with no current period impact.