CTBC Financial Holding Co., Ltd.
2891.TW
Taiwan Stock Exchange71.00
TWD
+0.80
- -
CTBC Financial Holding Co., Ltd.
2891.TW
(Taiwan Stock Exchange)
Recent
price
71.00
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- CTBC Financial Holding Co., Ltd. (2891.TW) is a Taiwan-based financial holding company that provides a comprehensive range of banking, insurance, securities, and related financial services through its subsidiaries. Established in 2002 and headquartered in Taipei, Taiwan, the company operates over 410 outlets across 14 countries and regions, including Greater China, Japan, North America, Southeast Asia, and beyond, with a workforce exceeding 31,000 employees. Its core subsidiaries encompass CTBC Bank, which offers commercial banking, corporate banking, retail banking, savings, loans, trade finance, cash management, syndicated lending, structured finance, financial advisory, international business, wealth management, and digital wallets; Taiwan Life, providing life insurance products and bancassurance; CTBC Securities, delivering securities brokerage, trading, underwriting, futures brokerage, derivatives, bonds, and digital securities; CTBC Asset Management, focusing on asset management, securities investment trust, discretionary investment, and non-performing loan acquisition and management; CTBC Venture Capital, investing in high-technology sectors such as telecommunications and semiconductors; CTBC Investments, engaging in venture capital, financial leasing, private equity funds, real estate, and movable property investments; CTBC Finance, offering bills financing and credit card issuing, merchant acquiring, and cross-border transactions; CTBC Security, providing stationed security services; and Taiwan Lottery, handling issuance, marketing, promotion, prize drawing, and management of lottery products. The company serves diverse customer segments, including individuals, small and medium enterprises, corporations, and institutional investors, with a strong emphasis on international expansion and digital transformation, including blockchain, artificial intelligence labs, and big data centers. Geographically, CTBC Financial Holding maintains a robust presence in Taiwan, the U.S., Canada, Japan via Tokyo Star Bank, Thailand through a majority stake in LH Financial Group Public Company Limited since 2021, the Philippines, Indonesia, Vietnam, India, Singapore, and Greater China regions such as the Yangtze River Delta and Guangdong-Hong Kong-Macau Greater Bay Area, where Taiwan Life has invested in Junlong Life Insurance Company Limited. Among its latest major developments, CTBC Financial Holding pursued a tender offer to acquire over 50% of rival Shin Kong Financial Holding Co. in 2024 to create Taiwan's largest financial conglomerate, though the Financial Supervisory Commission rejected the proposal in September 2024 due to insufficient risk management plans and potential market instability. The company continues to advance its New Southbound Policy-aligned expansions in Southeast Asia and emphasizes sustainability, earning regular inclusion in Dow Jones Sustainability Indices for world and emerging markets. In 2024, it reported strong financial performance with consolidated net revenue of NT$154.0 billion at CTBC Bank and total group assets exceeding $270 billion.