CTBC Financial Holding Co Ltd (TPE:2891B.PFD)
NT$ 60.7 0 (0%) Market Cap: - Enterprise Value: - PE Ratio: 11.19 PB Ratio: 1.60 GF Score: 70/100

Q2 2021 CTBC Financial Holding Co Ltd Earnings Call Transcript

Aug 23, 2021 / 09:00AM GMT
Release Date Price: NT$61.8
Operator

Welcome, everyone, to CTBC Financial Holding Company's 2021 Second Quarter Earnings Conference Call. (Operator Instructions)

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.

Ya;Ling Chiu
CTBC Financial Holding Co., Ltd. - CFO, Head of Financial Management Department & Executive VP

Thank you, everyone, for joining CTBC's Second Quarter 2021 Earnings Call.

Please turn to Page 3 on financial highlights. CTBC Holding continued to report a resilient operating performance with after-tax profit increasing 74% Y-o-Y. Despite the Level 3 COVID-19 alert in place from mid-May through July, ROE and ROA reached 17.3% and 1%, respectively. EPS was TWD 1.72.

Holding remained well capitalized with CAR at 137% and double leverage ratio at 110.5%. CTBC Bank reported solid loan growth led by strong domestic corporate loans, mortgage and consumer loans.

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