E.SUN Financial Holding Company (2884) Q1 2026 earnings summary

Executive summary

• Achieved record high net profit for Q1 2026, with consolidated net income of TWD 10.1 billion, up 14% year-over-year, and net revenue of TWD 25.2 billion, up 17.4% year-over-year.

• EPS was TWD 0.62, ROE 14.43%, and ROA 0.88%, all at five-year highs.

• Strong performance across core banking, securities, and venture capital segments, with robust growth in both domestic and overseas operations.

• Recognized by Forbes, Global Finance, and included in S&P Global Sustainability Yearbook and DJSI for 12 consecutive years.

• Independent auditors confirmed the financial statements present fairly, in all material respects.

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 hit TWD 8.91 billion (+27.1% YoY), both record highs.

• Operating expenses increased 10.6% year-over-year to TWD 11.46 billion; cost/income ratio improved to 46.9%.

• Credit card fee income grew 16.5% YoY to TWD 2.2 billion; consumption volume TWD 150.6 billion.

• Book value per share was TWD 17.60, up from TWD 16.47 a year ago.

Outlook and guidance

• Loan and deposit growth guidance remains above 10% year-over-year, with net fee income guidance set at double-digit growth.

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

• Mortgage growth rate guidance set at 6% YoY, up from 3% last year.

• Board resolved to pay a cash dividend of TWD 1.4 per share, pending AGM approval.

• Post-acquisition of Mercuries Life, expected to rank fifth in asset size among private financial holding companies in Taiwan.