SinoPac Financial Holdings (2890) Q2 2026 earnings summary

Executive summary

• Net revenue and net profit for 1H26 reached consecutive record highs, with annualized ROE at 18.98%.

• 2Q26 net revenue was NT$29,082mn (up 11.0% QoQ, 72.3% YoY); net profit was NT$13,519mn (up 23.2% QoQ, 150.3% YoY).

• NII increased due to lower funding costs and loan growth; fee income rose on strong wealth management and brokerage.

• Total assets grew 30% YoY to NT$4.00tn, with capital levels remaining solid.

• Multiple awards received for ESG, innovation, and financial performance.

Financial highlights

• 6M26 net interest income: NT$24,628mn (up 42.3% YoY); net fee income: NT$18,960mn (up 69.3% YoY); other revenues: NT$11,693mn (up 66.2% YoY).

• 6M26 net revenues: NT$55,282mn (up 55.5% YoY); net income: NT$24,493mn (up 94.3% YoY).

• Cost-income ratio improved to 45% in 6M26 (down 7ppt YoY).

• Total assets: NT$3,995,049mn (up 30.0% YoY); total equity: NT$264,998mn (up 28.6% YoY).

• EPS for 6M26: NT$1.66; BVPS: NT$18.29.

Outlook and guidance

• Continued focus on M&A and organic growth to drive asset expansion.

• Emphasis on maintaining strong capital adequacy and risk management.