1. Taiwan, Province of China Stocks

  2. •

    Financial Services

  3. •

    Banks - Regional
Taichung Commercial Bank Co., Ltd.

Taichung Commercial Bank Co., Ltd.

2812.TW
Taichung Commercial Bank Co., Ltd.TW flagTaiwan Stock Exchange
20.60
TWD
- -
- -
124.05BMarket Cap
Taichung Commercial Bank Co., Ltd.
2812.TW
(Taiwan Stock Exchange)

Recent

price

20.60

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.83
1.58
1.7
2.15
2.41
2.17
2.35
2.51
2.39
2.38
2.29
2.54
2.66
2.95
3.26
- -
3.49
Revenue per Share
0.15
0.41
0.65
0.71
0.81
0.74
0.72
0.74
0.82
0.85
0.79
0.89
0.95
1.15
1.4
- -
1.53
Basic EPS, GAAP
0.86
1.88
2.14
-1.04
1.4
2.85
5.6
2.81
1.62
3.13
4.28
-0.52
0.14
4.14
3.84
- -
0.34
Free Cash Flow per Basic Share
- -
- -
0.03
0.05
0.11
0.15
0.33
0.36
0.3
0.19
0.2
0.18
0.2
0.25
0.35
- -
- -
Dividend per Share
6.43
6.68
6.02
6.52
6.95
7.46
7.32
7.48
8.02
8.14
8.96
9.32
9.84
9.98
10.81
- -
11.73
Book Value per Share
7.04
7.07
6.47
7.14
7.74
8.5
8.43
8.85
9.72
10.06
11.22
11.72
12.21
12.86
13.81
- -
15.43
Tangible Book Value per Share
2,758
3,563
4,301
4,311
4,599
4,678
4,889
4,886
4,905
5,088
5,089
5,395
5,649
5,932
5,922
- -
5,912
Basic Weighted Avg Shares
5,050
5,615
7,318
9,262
11,062
10,173
11,469
12,252
11,714
12,092
11,655
13,728
15,035
17,500
19,310
20,641
20,641
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
159
142
164
185
186
206
254
287
273
481
491
498
438
477
522
583
583
Depreciation Expense
412
1,454
2,804
3,060
3,738
3,477
3,515
3,633
4,008
4,320
4,026
4,796
5,344
6,821
8,292
9,057
9,057
Net Income, GAAP
52.97
24.79
16.45
13.48
11.48
15.94
15.18
16.59
15.79
17.04
15.4
13.88
19.04
17.15
16.27
16.63
16.63
Effective Tax Rate (%)
8.16
25.89
38.32
33.04
33.79
34.18
30.65
29.65
34.22
35.72
34.54
34.94
35.55
38.98
42.94
43.88
43.88
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
11,540
15,678
19,770
17,338
17,926
17,804
18,945
24,579
20,000
14,895
12,507
17,353
17,353
17,594
14,638
16,101
16,101
LT Debt
19,415
25,253
27,908
30,881
35,756
39,946
41,382
43,402
47,824
51,309
57,322
63,460
69,230
76,515
82,091
91,749
91,749
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
2.62
7
11.29
11.33
12.45
10.4
9.95
10.04
10.56
10.7
9.26
10.01
10.1
11.88
13.45
13.58
13.58
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5,922
5,932
6,022
Market Capitalization
120,879
133,966
122,970

Working Capital

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
65,037
58,698
65,710
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
8.71%
9.88%
11.77%
Free Cash Flow
292.56%
555.04%
-91.12%
Net Income, GAAP
10.48%
17.8%
9.23%
Sales/Revenue/Turnover
7.57%
12.19%
6.89%
Total Cash Common Dividend
17.45%
16.86%
2.96%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
4,147
4,366
4,440
4,546
17,500
2024
4,681
4,892
4,908
4,829
19,310
2025
5,020
4,622
5,557
5,442
20,641

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.25
0.26
0.31
- -
1.15
2024
0.35
0.37
0.35
- -
1.4
2025
0.37
0.34
0.42
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.25
2024
- -
- -
- -
- -
0.35
2025
- -
- -
- -
- -
- -
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Business
Taichung Commercial Bank Co., Ltd. (2812:TW) provides a comprehensive range of commercial banking products and services in Taiwan, including deposit products such as savings accounts, time deposits, cash deposits, foreign currency demand deposits, and travelers checks; corporate finance services encompassing corporate loans, letters of credit, collections, factoring, forfaiting, accounts receivable financing, hedging strategies, financial instruments, and consultation; personal mortgage loans for housing, renovations, education funds, business startups, investments, and financial management; consumer loans and automobile loans; credit cards including VISA, MasterCard, JCB, and TCB & EasyCard co-branded options; wealth management services featuring financial advice, asset allocation, trust planning, family and retirement services; foreign exchange services; electronic banking channels such as online banking, mobile banking, ATMs, and mobile payments; trust services for real estate and securities; securities trading, underwriting, and brokerage; syndicated loans; bills discounting; domestic and international remittances; guarantees; leasing; insurance brokerage; and international trade financing. The bank operates through segments including northern, central, and southern areas in Taiwan, offshore banking units, overseas branches, and head office functions, with primary revenue from domestic operations and smaller contributions from other parts of Asia and America; it serves individual consumers, small and medium enterprises, and corporations. Founded in 1952 as Taichung Small and Medium Business Bank and renamed Taichung Commercial Bank in December 1998, the company is headquartered at No. 87, Mincyuan Road, Taichung, Taiwan, and employs approximately 2,100 people. In September 2022, Taichung Commercial Bank announced a definitive agreement to acquire American Continental Bancorp, the holding company of American Continental Bank, for approximately $82.1 million in cash to expand into the U.S. markets of Los Angeles, Washington, and Texas, targeting the Asian-American community with complementary residential mortgage and business models; the transaction, aimed at opening new U.S. branches, was expected to close in early 2023.