Chang Hwa Commercial Bank (2801) Q4 2025 earnings summary

Executive summary

• Net income after tax reached NT$17.78 billion, up 18.93% year-over-year, with EPS at NT$1.51 and ROE at 8.43%.

• Consolidated financial statements for 2025 and 2024 were audited with an unmodified opinion, confirming compliance with IFRS and local regulations.

• Loans comprised 61% of total assets at year-end 2025, with impairment assessment highlighted as a key audit matter.

• The group’s business includes commercial banking, trust, international, and overseas operations.

Financial highlights

• Total assets increased to NT$3,377 billion at December 31, 2025, up from NT$3,173 billion in 2024.

• Net income for 2025 was NT$17.78 billion, up 18.93% YoY, with EPS at NT$1.51 and ROE at 8.43%.

• Net revenue rose 8.35% YoY to NT$45.31 billion, with net interest income up 18.04% YoY to NT$27.11 billion.

• Total comprehensive income jumped 26.64% YoY to NT$24.53 billion.

• Operating expenses grew 4.47% YoY, while cost-income ratio improved to 47.07%.

Outlook and guidance

• 2026 strategy focuses on digitalization, ESG leadership, sustainable finance, and expanding trade & SME finance.

• The group is assessing the impact of new IFRS standards effective from 2026 and 2027, including IFRS 18 and amendments to IFRS 9 and IFRS 7.

• Management continues to monitor regulatory changes and macroeconomic factors for future reporting and risk management.