Q4 2019 CTBC Financial Holding Co Ltd Earnings Call Transcript
Welcome, everyone, to CTBC Financial Holding Co.'s 2019 Fourth Quarter Earnings Conference Call. (Operator Instructions)
Today's host will be Daniel Wu, the President of CTBC Financial Holding Co.; and Ms. Ya-Ling Chiu, Executive Vice President and Spokesperson of CTBC Financial Holding Co.; and Mr. Pai-Hung Yeh, Executive Vice President of Taiwan Life Insurance Co. And the presentation will begin now.
Thank you, everyone, for joining CTBC's 4Q '19 Earnings Call. Please turn to Page 3 for 2019 highlights.
Overall, at the holding level, ROE reached 13.04%, ROA at 0.72%, EPS at TWD 2.16. Net profit grew 19% Y-o-Y, demonstrating a record profit of TWD 42.9 billion. Holding also maintained strong capital with CAR ratio at 115.7% and decent double-leverage ratio at 115.6%.
For CTBC Bank, high net interest income was driven by robust loan growth in NTD corporate, mortgage, and personal loan
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |