Q1 2020 CTBC Financial Holding Co Ltd Earnings Call Transcript
Welcome, everyone, to CTBC Financial Holding Co.'s 2020 First Quarter Earnings Conference Call. (Operator Instructions)
And today's host will be Ms. Ya-Ling Chiu, Executive Vice President 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 First Quarter 2020 Earnings Call. Please turn to Page 3 on 1Q '20 highlights.
Overall, CTBC holding continued to deliver strong earnings amid COVID-19's impact on global economy. At holding level, ROE reached 14.67%. ROA at 0.77%, EPS at $0.62.
Net profit grew 9.8% Y-o-Y, attributed to both banking and life businesses. Holding also maintained well capitalized with CAR ratio at 115.92% and maintained decent double leverage ratio at 117.5%.
For CTBC Bank, it observed solid core revenue growth as NII was up 4.9% Y-o-Y and fee income up 6.9% Y-o-Y.
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... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
