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

Q1 2021 CTBC Financial Holding Co Ltd Earnings Call Transcript

May 19, 2021 / 09:00AM GMT
Release Date Price: NT$63.3
Operator

Welcome, everyone, to CTBC Financial Holding Company's 2021 First 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.

Pai;Hung Yeh
Taiwan Life Insurance Co., Ltd. - Executive VP, Strategy Officer & Operation Group Head

Thank you, everyone, for joining CTBC's First Quarter 2021 Earnings Call. Please turn to Page 3 for our financial highlights. CTBC Holding delivered a robust operating performance with after-tax profit increasing 62% Y-o-Y. ROE and ROA reached 20.9% and 1.2%, respectively. EPS was TWD 1.01. Holding remained well capitalized with CAR at 128.3% and double leverage ratio at 115.3%.

CTBC Bank maintained solid loan growth in domestic corporate loans, mortgage and consumer loans benefiting from economic recovery. Strong fee income growth came from positive business momentum in wealth

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