TS Financial Holding (2887) Q1 2026 earnings summary

Executive summary

• Consolidated net income for Q1 2026 was NT$21,056,577 thousand, a significant increase from NT$1,941,217 thousand in Q1 2025 (restated), reflecting the impact of the Shin Kong Financial Holding merger and strong insurance and banking performance.

• The group completed the merger with Shin Kong Financial Holding on July 24, 2025, resulting in substantial increases in total assets and equity.

• The consolidated financial statements were prepared in accordance with IFRS 17 for the first time, with retrospective restatement of prior periods.

Financial highlights

• Total assets as of March 31, 2026 reached NT$9,064,708,955 thousand, up from NT$3,402,141,893 thousand as of March 31, 2025 (restated).

• Net interest income for Q1 2026 was NT$42,542,838 thousand, up from NT$9,233,906 thousand in Q1 2025.

• Net income attributable to owners of parent was NT$21,040,510 thousand, with basic and diluted EPS of NT$0.82, compared to NT$0.11 in Q1 2025.

• Total comprehensive income for Q1 2026 was NT$57,991,333 thousand, reflecting strong investment gains and insurance finance income.

• Return on net equity (consolidated) for Q1 2026 was 4.59% pretax and 3.78% after tax.

Outlook and guidance

• The group expects continued benefits from the integration of Shin Kong Financial Holding, with enhanced operational efficiency and a broader customer base.

• Adoption of IFRS 17 is expected to improve transparency and comparability of insurance results.