TS Financial Holding (2887) Q2 2026 earnings summary

Executive summary

• Completed major merger milestones: Taishin FHC and Shin Kong FHC merged July 2025; key subsidiaries consolidated through 1H26, with bank merger expected by January 2027.

• Consolidated financial statements for the six months ended June 30, 2026, were audited and present a fair view in accordance with ROC regulations and IFRS standards.

• The group completed the acquisition of Shin Kong Financial Holding in July 2025, significantly expanding its scale and business scope.

• IFRS 17 “Insurance Contracts” was adopted for the first time on January 1, 2026, with retrospective restatement of prior periods.

Financial highlights

• Net income after tax for 1H26 reached NT$43.8bn, up 329% YoY; book value per share NT$26.28, EPS NT$1.69, annualized ROE 15.36%.

• Total assets NT$9,394.8bn (+177% YoY); total equity NT$713.6bn (+235.8% YoY).

• Net interest income for the six months was NT$86.7bn, up from NT$19.0bn year-over-year (restated).

• Basic and diluted EPS for the six months were NT$1.69, up from NT$0.07 year-over-year.

• Annualized ROE 15.36% (1H25: 10.61%), ROA 0.97% (1H25: 0.61%).

Outlook and guidance

• Ongoing integration of banking subsidiaries, with full merger of Taishin Bank and Shin Kong Bank targeted for January 2027.

• The group continues to integrate resources post-merger, aiming to enhance operational efficiency and expand financial services.