First Financial Holding (2892) investor relations material

Executive summary

• Net profit for 1H26 surged 41.9% year-over-year to NT$17,798mn (or $17.8 billion), with EPS at NT$1.24, driven by strong performance across banking, securities, life insurance, asset management, and venture capital subsidiaries.

• First Bank contributed NT$15,456mn (+11.9% YoY), while non-bank subsidiaries' earnings more than doubled, now accounting for 15.7% of group profit.

• Comprehensive income soared 322.1% YoY to NT$31,318mn (or $31.3 billion), reflecting robust market conditions and effective diversification.

• Total assets reached NT$5,235,189mn (or $5.24 trillion) as of June 30, 2026, up from NT$4,808,000mn a year earlier.

• The group adopted IFRS 17 for insurance contracts, restating 2025 comparatives and redesignating financial assets.

Financial highlights

• Consolidated net income rose 41.9% YoY to NT$17,798mn; comprehensive income up 322.1% to NT$31,318mn.

• EPS increased 42.5% YoY to NT$1.24; book value per share up 11.6% to NT$20.97.

• Net interest revenue for H1 2026 was $19.4 billion, up from $16.4 billion year-over-year.

• Net service fee and commission revenue rose to $10.4 billion from $7.2 billion year-over-year.

• Insurance service result improved to $604 million from $573 million year-over-year.

Outlook and guidance

• Continued focus on expanding non-bank subsidiaries and leveraging cross-border lending opportunities amid tech sector growth.

• Sustained momentum expected in wealth management and SME lending, maintaining market leadership.

• The group expects continued growth in banking and insurance segments, supported by robust asset growth and improved profitability.

• Adoption of IFRS 17 is expected to enhance transparency in insurance contract reporting.