Q4 2020 CTBC Financial Holding Co Ltd Earnings Call Transcript
Welcome, everyone, to CTBC Financial Holding Company's 2020 Fourth Quarter Earnings Conference Call. (Operator Instructions)
And today's host will be Ms. Ya-Ling Chiu, the CFO and spokesperson of CTBC Financial Holding Company; and Mr. Pai-Hung Yeh, Executive Vice President of Taiwan Life Insurance Company. And the presentation will begin now.
Thank you, everyone, for joining CTBC's 4Q 2020 earnings call. Please turn to Page 3, our financial highlights. CTBC Holding delivered a resilient operating performance, amid COVID-19 pandemic. At a Holding level, after-tax profits came in at TWD 42.9 billion. ROE and ROA reached 11.5% and 0.67%, respectively. EPS was TWD 2.15. Holding remained well capitalized with CAR at 125.2% and double leverage ratio at 115.2%.
CTBC Bank maintained solid domestic loan growth, especially in mortgage and consumer loans, mitigating impact from rate cuts to net interest income. Fee income remained
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