Mega Financial Holding Co., Ltd. (TPE: 2886)

Mega Financial Holding Income Statement

Financials in millions TWD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	127,483	117,568	69,936	42,797	49,724	71,681
Interest Paid on Deposits	90,991	81,506	32,253	10,328	18,173	36,614
Net Interest Income	36,492	36,062	37,683	32,468	31,551	35,067
Net Interest Income Growth (YoY)	-3.75%	-4.30%	16.06%	2.91%	-10.03%	-7.83%
Gain (Loss) on Sale of Assets	78.9	153.36	22.21	8.34	-13.41	0.04
Gain (Loss) on Sale of Investments	25,024	26,720	9,779	10,761	5,306	3,388
Gain (Loss) on Sale of Equity Investments	-67.18	-78.45	-127.28	125.02	-19.63	145.44
Other Non-Interest Income	20,620	14,460	8,685	16,855	23,942	26,666
Total Non-Interest Income	45,656	41,255	18,359	27,750	29,215	30,199
Non-Interest Income Growth (YoY)	54.22%	124.71%	-33.84%	-5.02%	-3.26%	27.89%
Revenues Before Loan Losses	82,148	77,317	56,042	60,218	60,766	65,266
Provision for Loan Losses	6,490	9,115	2,877	1,904	2,152	687.18
Revenue	75,657	68,202	53,166	58,314	58,615	64,579
Revenue Growth (YoY)	26.06%	28.28%	-8.83%	-0.51%	-9.24%	8.44%
Salaries and Employee Benefits	22,910	21,485	19,587	20,146	19,736	19,539
Occupancy Expenses	2,472	2,395	2,252	2,072	1,544	1,456
Selling, General & Administrative	10,280	9,618	7,832	7,387	7,820	9,903
Other Non-Interest Expense	357.6	-2,339	2,358	64.52	227.16	34.97
Total Non-Interest Expense	36,019	31,159	32,029	29,670	29,328	30,933
EBT Excluding Unusual Items	39,638	37,043	21,137	28,644	29,287	33,645
Asset Writedown	-6.7	5.13	7.25	12.5	43.67	8.84
Pretax Income	39,632	37,048	21,144	28,656	29,331	33,654
Income Tax Expense	4,755	3,801	2,809	2,925	4,313	4,699
Earnings From Continuing Operations	34,877	33,247	18,335	25,731	25,018	28,955
Minority Interest in Earnings	-	-	-	-	-	1.44
Net Income	34,877	33,247	18,335	25,731	25,018	28,956
Net Income to Common	34,877	33,247	18,335	25,731	25,018	28,956
Net Income Growth	19.67%	81.33%	-28.74%	2.85%	-13.60%	3.01%
Basic Shares Outstanding	14,628	14,473	14,473	14,473	14,473	14,473
Diluted Shares Outstanding	14,628	14,473	14,473	14,473	14,473	14,473
Shares Change (YoY)	1.07%	-	-0.00%	0.00%	-	-
EPS (Basic)	2.38	2.30	1.27	1.78	1.73	2.00
EPS (Diluted)	2.38	2.30	1.27	1.78	1.73	2.00
EPS Growth	18.39%	81.33%	-28.74%	2.85%	-13.60%	3.01%
Dividend Per Share	1.456	1.456	1.194	1.315	1.485	1.597
Dividend Growth	21.94%	21.94%	-9.21%	-11.40%	-7.06%	0%
Effective Tax Rate	12.00%	10.26%	13.29%	10.21%	14.70%	13.96%

Source: S&P Capital IQ. Banks template. Financial Sources.