Hua Nan Financial Holdings (2880) Q4 2025 earnings summary

Executive summary

• Achieved record net profit of NT$26.424bn in FY25, up 14.2% year-over-year, with EPS at NT$1.90 and ROE at 11.57%.

• Total comprehensive income increased 15% to NT$33.23bn, driven by improved net profit and other comprehensive income.

• Major subsidiaries HNCB, HNSC, and SCIC all posted new high net profits, with HNCB contributing 87% of group profit.

• Asset quality remained strong, with HNCB's NPL ratio at 0.16% and coverage ratio at 813.18% at year-end.

• Recognized for sustainability and governance, winning multiple awards and maintaining high ESG ratings.

Financial highlights

• Net profit rose 14.2% YoY to NT$26.424bn; pre-tax profit exceeded NT$30bn.

• Total assets reached NT$4.32tn, up from NT$4.25tn at the end of 2024.

• HNCB net profit reached NT$24.152bn (+11.8% YoY), EPS NT$2.27; HNSC net profit NT$2.064bn (+8.2% YoY), EPS NT$3.15; SCIC net profit NT$1.802bn (+39.4% YoY), EPS NT$9.00.

• Net interest income rose 12% YoY to NT$29.25bn; net revenues other than interest were NT$40.24bn, nearly flat YoY.

• HNFHC consolidated CAR at 129.16%; HNCB CAR at 15.46%, Tier 1 at 13.63%, CET1 at 11.51%.

Outlook and guidance

• Plans to optimize loan composition, enhance SME and syndicated lending, and expand overseas syndicated loans.

• Focus on digital transformation, customer segmentation, and boosting wealth management NFI.

• Preparing for IFRS 17 adoption in 2026, expecting a one-time increase in retained earnings and changes in other equity.

• Ongoing assessment of new IFRS standards and regulatory changes is underway.

• HNSC to deepen high-asset and professional investor markets, and SCIC to grow fire insurance and digital transformation.