TS Financial Holding (2887) Q4 2025 earnings summary

Executive summary

• Completed a major merger with Shin Kong Financial Holding, effective July 24, 2025, significantly expanding assets and operations.

• Consolidated total assets reached NT$8.78 trillion as of December 31, 2025, up from NT$3.29 trillion in 2024.

• Net income for 2025 was NT$37.36 billion, a substantial increase from NT$20.07 billion in 2024.

• The group’s capital adequacy ratio stood at 111.14% at year-end 2025.

Financial highlights

• Net interest income rose to NT$92.01 billion in 2025 from NT$34.93 billion in 2024.

• Net revenue and gains totaled NT$150.57 billion, up from NT$86.61 billion year-over-year.

• Earnings per share (EPS) increased to NT$1.91 (basic and diluted) from NT$1.39 in 2024.

• Total equity attributable to owners of parent reached NT$483.64 billion, more than doubling from NT$228.86 billion.

• Cash and cash equivalents at year-end 2025 were NT$75.87 billion, up from NT$33.11 billion.

Outlook and guidance

• Adoption of IFRS 17 in 2026 is expected to impact insurance segment reporting and equity.

• Management continues to monitor market volatility, regulatory changes, and integration of merged entities.