1. Taiwan, Province of China Stocks

  2. •

    Financial Services

  3. •

    Banks - Regional
First Financial Holding Co., Ltd.

First Financial Holding Co., Ltd.

2892.TW
First Financial Holding Co., Ltd.TW flagTaiwan Stock Exchange
33.60
TWD
-0.50
- -
483.15BMarket Cap
First Financial Holding Co., Ltd.
2892.TW
(Taiwan Stock Exchange)

Recent

price

33.60

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
2.68
2.64
2.79
2.83
2.77
3.18
3.12
3.53
4.19
4.33
4.14
4.36
4.68
4.62
4.99
5.38
5.34
Revenue per Share
0.62
0.65
0.81
0.86
1.14
1.23
1.21
1.08
1.21
1.35
1.17
1.39
1.43
1.56
1.76
1.87
1.86
Basic EPS, GAAP
0.14
0.5
-0.39
2.74
2.15
3.53
-1.71
-0.77
1
5.04
-3.68
5.48
1.79
0.79
-5.95
4.27
4.24
Free Cash Flow per Basic Share
0.28
0.17
0.24
0.29
0.35
0.5
0.76
1
0.76
0.86
0.91
0.81
0.9
0.74
0.81
0.93
- -
Dividend per Share
7.04
7.91
7.85
8.35
9.27
10.62
9.95
9.87
10.16
10.52
10.61
11.22
11.57
12.23
12.93
13.71
13.61
Book Value per Share
9.36
10.69
10.43
11.09
12.44
14.42
13.33
13.33
14.24
15.23
15.32
15.7
15.51
17.2
18.54
20.24
20.1
Tangible Book Value per Share
11,374
11,771
12,699
12,699
12,372
13,011
14,379
14,379
14,379
14,379
14,379
14,237
14,379
14,379
14,379
14,379
14,479
Basic Weighted Avg Shares
30,431
31,039
35,403
35,885
34,218
41,394
44,848
50,735
60,228
62,211
59,485
62,037
67,271
66,374
71,693
77,298
77,298
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
993
915
1,093
893
971
1,072
1,115
1,080
1,093
1,790
1,973
2,079
2,244
2,317
2,408
2,450
2,450
Depreciation Expense
7,032
7,602
10,226
10,889
14,085
16,006
17,356
15,483
17,332
19,369
16,808
19,739
20,596
22,461
25,359
26,933
26,933
Net Income, GAAP
22.54
18.84
16.28
16.65
14.59
15.88
14.42
14.96
16.28
16.9
14.33
15.77
15.89
20.53
18.82
19.48
19.48
Effective Tax Rate (%)
23.11
24.49
28.89
30.34
41.16
38.67
38.7
30.52
28.78
31.13
28.25
31.82
30.62
33.84
35.37
34.84
34.84
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
37,844
40,608
54,661
58,210
60,122
56,793
57,601
53,569
61,973
57,557
70,887
84,308
90,415
99,425
116,547
128,816
128,816
LT Debt
106,749
125,988
132,724
141,206
154,377
187,987
192,029
192,051
205,303
219,733
221,207
224,547
224,123
248,444
267,886
292,367
292,367
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
8.98
8.78
10.61
10.59
12.77
12.66
12.34
10.87
12.04
13.03
11.06
12.64
12.63
13.13
14.02
14.07
14.07
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
14,379
14,379
14,379
Market Capitalization
411,184
432,188
425,672

Working Capital

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
412,895
396,893
408,390
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
4.59%
5.83%
9.14%
Free Cash Flow
-160.08%
-278.33%
-171.71%
Net Income, GAAP
5.8%
9.99%
6.2%
Sales/Revenue/Turnover
6.63%
5.45%
7.82%
Total Cash Common Dividend
10.14%
1.33%
15.12%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
17,337
17,094
16,522
15,421
66,374
2024
18,331
17,377
19,189
16,797
71,693
2025
18,050
17,585
21,483
20,181
77,298

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.46
0.45
0.41
- -
1.56
2024
0.49
0.46
0.49
- -
1.76
2025
0.5
0.46
0.54
- -
1.87

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.74
2024
- -
- -
- -
- -
0.81
2025
- -
- -
- -
- -
0.93
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Business
First Financial Holding Co., Ltd. provides a comprehensive array of financial products and services across Taiwan and extends its reach internationally through its various subsidiaries. The company operates primarily through its Banking, Securities, Investment Trust, and Insurance segments, alongside other diversified financial businesses. Its banking operations offer a wide range of services, including corporate and personal banking, demand and time deposits, checking and savings accounts, internet banking, remittance services, and foreign exchange trading. Within its securities division, the company engages in brokerage, trading, and underwriting of marketable securities, futures introducing brokerage, and the provision of margin and stock loans. The investment trust segment manages securities investment trust funds and private funds. Furthermore, the company is active in the life insurance and property and casualty insurance sectors. Complementing these core offerings are services in asset management, venture capital, leasing, receivable factoring, financial institution creditor's rights, and various consultancy services for business management, investment, and enterprise operations. First Financial Holding serves a broad clientele, encompassing individual customers and large corporations, both domestically and abroad. The company's revenue is largely driven by its robust banking business, which generates significant net interest income, supported by fees from its diverse financial service segments. As of February 28, 2022, the company maintained an extensive network of 188 branches within Taiwan, along with 30 overseas branches and sub-branches, and 3 representative offices across Asia, the United States, the United Kingdom, Canada, Ireland, and Australia. Headquartered in Taipei, Taiwan, First Financial Holding Co., Ltd. was established in 1899, with the holding company itself formed in 2003.