Taishin Financial Holding Co., Ltd. (TPE:2887)

Taishin Financial Holding Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	86,934	74,097	46,392	32,637	33,902
Interest Paid on Deposits	52,007	43,769	17,169	8,277	12,243
Net Interest Income	34,927	30,328	29,223	24,360	21,659
Net Interest Income Growth (YoY)	15.16%	3.78%	19.96%	12.47%	10.57%
Gain (Loss) on Sale of Investments	10,668	14,119	511.58	7,267	5,371
Gain (Loss) on Sale of Equity Investments	46.24	34.19	6.31	-3,547	1,615
Other Non-Interest Income	16,153	7,910	18,680	14,694	15,499
Total Non-Interest Income	26,867	22,063	19,198	18,415	22,486
Non-Interest Income Growth (YoY)	21.77%	14.92%	4.26%	-18.11%	-6.52%
Revenues Before Loan Losses	61,794	52,391	48,421	42,775	44,145
Provision for Loan Losses	1,195	1,769	1,545	546.41	1,861
Revenue	60,599	50,622	46,876	42,229	42,284
Revenue Growth (YoY)	19.71%	7.99%	11.00%	-0.13%	3.06%
Salaries and Employee Benefits	20,680	18,031	16,123	15,999	14,454
Occupancy Expenses	2,810	2,694	2,628	2,389	2,201
Selling, General & Administrative	13,452	9,051	10,449	9,913	9,198
Other Non-Interest Expense	-	3,123	-	-	-
Total Non-Interest Expense	36,943	32,900	29,200	28,300	25,853
EBT Excluding Unusual Items	23,656	17,723	17,676	13,928	16,431
Other Unusual Items	-	-	-	9,227	-
Pretax Income	23,656	17,723	17,649	23,156	16,431
Income Tax Expense	3,591	3,119	2,793	2,857	1,942
Earnings From Continuing Operations	20,065	14,604	14,856	20,299	14,489
Minority Interest in Earnings	-0.6	-2.19	7.96	13.1	4.6
Net Income	20,064	14,602	14,864	20,312	14,493
Preferred Dividends & Other Adjustments	-	1,954	1,846	1,758	1,758
Net Income to Common	20,064	12,648	13,018	18,554	12,736
Net Income Growth	37.41%	-1.76%	-26.82%	40.15%	0.04%
Basic Shares Outstanding	14,435	12,976	12,976	12,976	12,970
Diluted Shares Outstanding	14,435	12,976	12,976	12,976	12,971
Shares Change (YoY)	11.24%	-0.00%	0.00%	0.04%	0.01%
EPS (Basic)	1.39	0.97	1.00	1.43	0.98
EPS (Diluted)	1.39	0.97	1.00	1.43	0.98
EPS Growth	43.12%	-2.88%	-30.06%	45.62%	0.65%
Dividend Per Share	-	0.577	0.471	0.532	0.463
Dividend Growth	-	22.59%	-11.54%	15.00%	-1.28%
Effective Tax Rate	15.18%	17.60%	15.83%	12.34%	11.82%

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