TS Financial Holding (2887) Q2 2025 earnings summary

Executive summary

• Consolidated financial statements for the six months ended June 30, 2025, were audited and present fairly in all material respects, in accordance with ROC regulations and IFRS standards.

• The merger with Shin Kong Financial Holding was completed on July 24, 2025, significantly increasing equity and liabilities.

• The group’s main business lines include banking, insurance, and securities, with diversified subsidiaries.

Financial highlights

• Net income for the six months ended June 30, 2025, was $10,222,344 thousand, compared to $10,576,707 thousand for the same period in 2024.

• Net revenue and gains for the six months were $44,738,195 thousand, up from $42,684,115 thousand year-over-year.

• Basic and diluted EPS for the six months were $0.71, down from $0.74 year-over-year.

• Total assets as of June 30, 2025, were $3,394,188,817 thousand, up from $3,237,695,389 thousand a year earlier.

• Return on total assets (consolidated) was 0.40% after tax, and return on net equity was 5.70% after tax for the six months ended June 30, 2025.

Outlook and guidance

• The group is integrating Shin Kong Financial Holding’s subsidiaries and expects further synergies from the merger.

• New accounting standards (IFRS 17, IFRS 18, IFRS 19) will be adopted in 2026 and 2027, with ongoing assessment of their impact.