CTBC Financial Holding Co Ltd (TPE:2891B.PFD)
NT$ 60.8 0.1 (0.16%) Market Cap: - Enterprise Value: - PE Ratio: 11.39 PB Ratio: 1.55 GF Score: 72/100

Q4 2019 CTBC Financial Holding Co Ltd Earnings Call Transcript

Mar 12, 2020 / 09:00AM GMT
Release Date Price: NT$66.2 (-0.15%)
Operator

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.

Ya;Ling Chiu
CTBC Financial Holding Co., Ltd. - Acting Spokesperson, Financial Officer & Head of Financial Management Department

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

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