Taiwan Business Bank (2834) investor relations material

Executive summary

• Net revenue for 1H26 reached NT$18,510 million, up NT$734 million year-over-year from 1H25.

• Net income after tax for 1H26 was NT$7,410 million, a 15.37% increase year-over-year.

• EPS after tax for 1H26 rose to 0.71, up from 0.66 in 1H25.

• Consolidated financial statements for the six months ended June 30, 2026, were reviewed by independent auditors, who found no material misstatements.

• The bank operates 124 domestic branches, 8 overseas branches, and several subsidiaries in leasing, microfinance, consulting, and venture capital.

Financial highlights

• Net interest income accounted for 61% of 1H26 net revenue, with treasury and foreign exchange gains at 17%.

• Net service fee revenue for 1H26 was NT$3,593 million, with wealth management contributing 66%.

• Operating expense ratio for 1H26 was 47.10%, down from 49.93% in 2025.

• Asset base grew to NT$2,575,949 million as of 2Q26, with liabilities at NT$2,421,408 million.

• Equity increased to NT$154,541 million in 2Q26, with BVPS at NT$15.90.

Outlook and guidance

• Comprehensive income and net income before tax both showed double-digit year-over-year growth, indicating positive momentum.

• Adoption of new IFRS standards is not expected to have a significant impact.

• The bank continues to focus on risk management, capital adequacy, and compliance with evolving regulatory standards.