SinoPac Financial Holdings (2890) Q2 2026 earnings summary

Executive summary

• H1 2026 net revenue was NT$55,281,644 thousand; net income was NT$24,547,897 thousand, versus NT$12,767,993 thousand a year earlier.

• Q2 net income was NT$13,510,383 thousand versus NT$5,505,747 thousand YoY; basic and diluted EPS were NT$0.91 versus NT$0.40.

• Annualized ROE reached 18.98%; 1H net revenue and net profit reached consecutive record highs.

• Auditors issued an unmodified opinion on the interim consolidated financial statements.

Financial highlights

• H1 net interest revenue was NT$24,628,048 thousand; net service fees and commissions were NT$18,960,321 thousand; net FVTPL gains were NT$10,166,807 thousand.

• Total assets were NT$3,995,049,075 thousand at June 30, 2026, up 30.0% YoY; total equity was NT$264,998mn, up 28.6% YoY.

• Cost-income ratio improved to 45% in 6M26, down 7 percentage points YoY.

• H1 bad-debt, commitment and guarantee provision expense was NT$1,840,284 thousand versus NT$1,107,052 thousand a year earlier.

• EPS for 6M26 was NT$1.66; BVPS was 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.