King's Town Bank

King's Town Bank

2809.TW
King's Town BankTW flagTaiwan Stock Exchange
56.60
TWD
-0.50
- -
62.90BMarket Cap
King's Town Bank
2809.TW
(Taiwan Stock Exchange)

Recent

price

56.60

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
TTM
FRC
2.86
3.63
4.18
5.34
5.76
7.33
5.36
6.87
8.07
6.3
7.58
7.9
9.04
4.73
8.85
8.55
7.47
Revenue per Share
0.02
1.76
2.47
3.28
3.53
4.33
3.09
4.17
4.89
2.51
2.99
4.9
5.02
1.98
5.59
4.52
3.03
Basic EPS, GAAP
0.55
2.83
0.78
10.27
0.12
-13.39
9.28
-2.5
-20.48
-6.33
-1.53
8.5
10.37
0.11
17.37
-1.31
11.16
Free Cash Flow per Basic Share
- -
- -
- -
- -
1.53
1.5
1.51
0.5
1.5
1.5
1.5
1.5
1.8
2.11
1.1
3
- -
Dividend per Share
10.37
12.08
14.05
16.56
17.13
18.53
18.91
21.49
23.6
22.84
22.77
25.72
27.65
25.85
29.17
30.32
30.41
Book Value per Share
10.66
12.43
14.77
19.08
20.69
22.6
23.87
28.64
32.25
30.65
35.97
41.48
43.58
37.97
45.1
49.16
51.83
Tangible Book Value per Share
1,041
1,051
1,048
1,049
1,175
1,201
1,192
1,145
1,146
1,148
1,138
1,120
1,122
1,117
1,111
1,111
1,108
Basic Weighted Avg Shares
2,973
3,819
4,384
5,604
6,769
8,807
6,384
7,865
9,245
7,229
8,624
8,856
10,136
5,282
9,830
9,502
8,271
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
239
166
106
63
39
37
47
51
51
50
125
132
128
139
153
147
150
Depreciation Expense
25
1,846
2,588
3,444
4,142
5,196
3,683
4,781
5,611
2,878
3,400
5,491
5,630
2,210
6,207
5,024
3,359
Net Income, GAAP
25.88
9.05
14.68
14.65
13.03
13.87
17.44
14.31
13.16
19.46
12.92
12.32
13.45
24.92
15.65
23.45
34.8
Effective Tax Rate (%)
0.85
48.34
59.04
61.47
61.19
59
57.69
60.79
60.69
39.81
39.42
62
55.55
41.85
63.14
52.87
40.61
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
7,440
7,655
1,465
1,487
- -
- -
- -
70
900
1,230
717
1,110
3,867
4,963
5,852
6,830
5,853
LT Debt
11,161
13,075
15,488
20,017
24,308
27,147
28,455
32,800
36,961
35,184
40,932
46,583
48,881
42,417
50,115
54,626
57,416
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
0.23
15.71
18.87
21.46
22.09
24.52
16.44
20.28
21.72
10.81
13.05
20.07
18.82
7.38
20.25
15.2
10.24
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,111
1,111
1,111
Market Capitalization
56,326
54,437
58,270

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
19,806
20,073
20,121
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.7%
6.53%
9%
Free Cash Flow
1,554.17%
3,052.6%
-107.56%
Net Income, GAAP
15.25%
33.01%
-19.07%
Sales/Revenue/Turnover
6.28%
10.41%
-3.34%
Total Cash Common Dividend
- -
31.92%
172.73%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
1,994
2,897
2,423
2,517
9,830
2024
2,964
2,556
1,607
2,375
9,502
2025
2,155
2,134
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.76
1.36
1.93
- -
5.59
2024
1.82
1.09
0.57
- -
4.52
2025
0.57
0.85
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
1.1
2024
- -
- -
- -
- -
3
2025
- -
- -
- -
- -
- -
Business
King's Town Bank Co., Ltd. (TWSE: 2809) operates as a commercial bank in Taiwan, providing a comprehensive range of financial services including deposit products such as checking, demand, time, and consolidated deposits; lending services encompassing corporate and consumer loans, bill discounts, and commercial draft acceptance; foreign exchange operations covering deposits, remittances, imports, exports, and currency loans; wealth management and financial planning tailored to customer risk profiles; trust services like securities, pre-collection, and real estate trusts; investment activities involving foreign currency fund allocation, securities investments, and financial bond issuance; as well as insurance agency, leasing, securities brokerage, and real estate management through subsidiaries King's Town Bank International Leasing Co., Ltd., King's Town Securities Co., Ltd., and King's Town International Construction Management Co., Ltd. The bank, founded in 1948 and headquartered at No. 506, Section 1, Ximen Road, West Central District, Tainan City, Taiwan, maintains approximately 66 branches primarily concentrated in southern Taiwan including Yunlin-Chiayi-Tainan and Kaohsiung regions, with additional presence in northern and central areas, serving small and medium-sized enterprises, corporate clients, and individuals across deposit, loan, and wealth segments. In a major strategic development, SinoPac Financial Holdings Co. completes its acquisition of King's Town Bank in October 2025 through a NT$60 billion cash-stock swap announced in December 2024 and approved by Taiwan's Financial Supervisory Commission in June 2025, positioning the bank for full merger with Bank SinoPac within one year to create synergies in branch networks—expanding to 191 outlets nationwide, the third largest in Taiwan—and enhancing market shares in deposits from 3.74% to 4.24% and loans from 3.79% to 4.37%, with King's Town Bank delisted from the Taiwan Stock Exchange upon completion.