KGI Financial Holding Co (2883) Q2 2026 earnings summary

Executive summary

• Net profit for H1 2026 reached TWD 28.4 billion, with EPS of TWD 1.64; including TWD 39.3 billion in FVOCI equity disposal gains, total distributable earnings hit TWD 67.8 billion, a record high for the first half.

• Net income for 1H 2026 was up 420% year-over-year, with consolidated net revenue surging 151% to TWD 56.8 billion.

• Total assets rose 20% year-over-year to TWD 4,591 billion, and equity attributable to owners increased 76% to TWD 469 billion.

• All major subsidiaries—Life, Bank, Securities, SITE, and Capital—delivered strong growth and operational achievements.

• Cross-subsidiary collaboration under the One KGI strategy led to a 20% increase in multi-business customers and significant AUM inflows.

Financial highlights

• H1 2026 net profit: TWD 28.4 billion; EPS: TWD 1.64; ROAE reached 14.2% (annualized).

• Total distributable earnings: TWD 67.8 billion (TWD 3.96 per share), a record for H1.

• Net worth at end-June: TWD 469.2 billion, up TWD 141.8 billion from end-2025.

• Adjusted EPS for Jan–July: TWD 4.41 per share.

• Consolidated net revenue surged 151% year-over-year to TWD 56.8 billion in H1 2026.

Outlook and guidance

• Full-year NIM guidance raised to 1.43%, with potential upside.

• Corporate loan growth target remains high single digits; focus on capital efficiency and returns.

• Continued focus on digital transformation, sustainable finance, and expanding product offerings across all subsidiaries.

• Ongoing fundraising and new product launches expected to drive further AUM and revenue growth.

• Dividend payout policy remains at 70% upstream from bank and securities, with flexibility for Life depending on regulatory approval.