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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	129,763	117,568	69,936	42,797	49,724	71,681
Interest Paid on Deposits	93,147	81,506	32,253	10,328	18,173	36,614
Net Interest Income	36,617	36,062	37,683	32,468	31,551	35,067
Net Interest Income Growth (YoY)	-0.68%	-4.30%	16.06%	2.91%	-10.03%	-7.83%
Gain (Loss) on Sale of Assets	43.17	153.36	22.21	8.34	-13.41	0.04
Gain (Loss) on Sale of Investments	27,501	26,720	9,779	10,761	5,306	3,388
Gain (Loss) on Sale of Equity Investments	41.5	-78.45	-127.28	125.02	-19.63	145.44
Other Non-Interest Income	20,956	14,460	8,685	16,855	23,942	26,666
Total Non-Interest Income	48,542	41,255	18,359	27,750	29,215	30,199
Non-Interest Income Growth (YoY)	39.76%	124.71%	-33.84%	-5.02%	-3.26%	27.89%
Revenues Before Loan Losses	85,158	77,317	56,042	60,218	60,766	65,266
Provision for Loan Losses	7,812	9,115	2,877	1,904	2,152	687.18
Revenue	77,346	68,202	53,166	58,314	58,615	64,579
Revenue Growth (YoY)	19.88%	28.28%	-8.83%	-0.51%	-9.24%	8.44%
Salaries and Employee Benefits	23,029	21,485	19,587	20,146	19,736	19,539
Occupancy Expenses	2,511	2,395	2,252	2,072	1,544	1,456
Selling, General & Administrative	10,557	9,618	7,832	7,387	7,820	9,903
Other Non-Interest Expense	449.39	-2,339	2,358	64.52	227.16	34.97
Total Non-Interest Expense	36,546	31,159	32,029	29,670	29,328	30,933
EBT Excluding Unusual Items	40,800	37,043	21,137	28,644	29,287	33,645
Asset Writedown	-6.71	5.13	7.25	12.5	43.67	8.84
Pretax Income	40,793	37,048	21,144	28,656	29,331	33,654
Income Tax Expense	5,254	3,801	2,809	2,925	4,313	4,699
Earnings From Continuing Operations	35,540	33,247	18,335	25,731	25,018	28,955
Minority Interest in Earnings	-	-	-	-	-	1.44
Net Income	35,540	33,247	18,335	25,731	25,018	28,956
Net Income to Common	35,540	33,247	18,335	25,731	25,018	28,956
Net Income Growth	12.11%	81.33%	-28.74%	2.85%	-13.60%	3.01%
Basic Shares Outstanding	14,719	14,473	14,473	14,473	14,473	14,473
Diluted Shares Outstanding	14,719	14,473	14,473	14,473	14,473	14,473
Shares Change (YoY)	1.70%	-	-0.00%	0.00%	-	-
EPS (Basic)	2.41	2.30	1.27	1.78	1.73	2.00
EPS (Diluted)	2.41	2.30	1.27	1.78	1.73	2.00
EPS Growth	10.23%	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	12.88%	10.26%	13.29%	10.21%	14.70%	13.96%

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