Taishin-Shin Kong Financials Hit Record Highs in First Half with NT$43.8 Billion Profit

Taishin Financial Holding and Shin Kong Financial Holding announced record-breaking financial results for the first half of 2026, with a combined net profit of NT$43.8 billion and an earnings per share (EPS) of NT$1.71.

Taishin Bank reported a net profit of NT$2.31 billion in June alone, bringing its first-half total to NT$12.4 billion, a 26% increase year-on-year. This growth was driven by strong core business momentum, leading to double-digit increases in net interest income and net fee income. The bank maintained a non-performing loan ratio of 0.13% and a provisioning coverage ratio of 923%, indicating stable asset quality.

Shin Kong Bank also achieved a record high for the period, with a June net profit of NT$970 million and a first-half net profit of NT$4.78 billion, up 168% from the previous year. Its net fee income grew by 30%, boosted by robust sales of wealth management products like insurance and funds. The bank's asset quality remains solid, with a non-performing loan ratio of 0.13% and a provisioning coverage ratio of 998%.

Shin Kong Life contributed significantly with a June net profit of NT$4.86 billion, resulting in a first-half net profit of NT$22.5 billion. The company benefited from the steady release of CSM (China Steel Machinery) profits and consistent investment income, alongside strategic asset allocation optimization. Despite market volatility in the bond market due to global central bank policies, Shin Kong Life effectively managed its assets and liabilities to maintain stable operations and capital structure. The company's first-year premium (FYP) for insurance business reached NT$76.187 billion from January to June, a 37.30% increase year-on-year.

Taishin Securities also set a new record for the period, posting a June net profit of NT$790 million and a first-half cumulative profit of NT$7.1 billion. This surge was primarily due to increased proprietary trading gains from a rising stock market and active trading volumes, coupled with higher brokerage commission income.