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

Taishin 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	84,574	74,097	46,392	32,637	33,902	37,210
Interest Paid on Deposits	50,865	43,769	17,169	8,277	12,243	17,621
Net Interest Income	33,709	30,328	29,223	24,360	21,659	19,589
Net Interest Income Growth (YoY)	11.05%	3.78%	19.96%	12.47%	10.57%	-0.01%
Gain (Loss) on Sale of Investments	17,503	14,119	511.58	7,267	5,371	7,753
Gain (Loss) on Sale of Equity Investments	68.32	34.19	6.31	-3,547	1,615	2,650
Other Non-Interest Income	9,289	7,910	18,680	14,694	15,499	13,652
Total Non-Interest Income	26,861	22,063	19,198	18,415	22,486	24,055
Non-Interest Income Growth (YoY)	10.98%	14.92%	4.26%	-18.11%	-6.52%	19.34%
Revenues Before Loan Losses	60,570	52,391	48,421	42,775	44,145	43,644
Provision for Loan Losses	2,184	1,769	1,545	546.41	1,861	2,615
Revenue	58,385	50,622	46,876	42,229	42,284	41,029
Revenue Growth (YoY)	9.53%	7.99%	11.00%	-0.13%	3.06%	12.69%
Salaries and Employee Benefits	19,831	18,031	16,123	15,999	14,454	13,942
Occupancy Expenses	2,767	2,694	2,628	2,389	2,201	2,004
Selling, General & Administrative	10,043	9,051	10,449	9,913	9,198	8,806
Other Non-Interest Expense	3,123	3,123	-	-	-	-
Total Non-Interest Expense	35,763	32,900	29,200	28,300	25,853	24,753
EBT Excluding Unusual Items	22,622	17,723	17,676	13,928	16,431	16,277
Asset Writedown	-	-	-	-	-	-3
Other Unusual Items	-	-	-	9,227	-	-
Pretax Income	22,622	17,723	17,649	23,156	16,431	16,274
Income Tax Expense	3,462	3,119	2,793	2,857	1,942	1,788
Earnings From Continuing Operations	19,160	14,604	14,856	20,299	14,489	14,486
Minority Interest in Earnings	-0.56	-2.19	7.96	13.1	4.6	2.09
Net Income	19,160	14,602	14,864	20,312	14,493	14,488
Preferred Dividends & Other Adjustments	1,978	1,954	1,846	1,758	1,758	1,820
Net Income to Common	17,182	12,648	13,018	18,554	12,736	12,668
Net Income Growth	2.50%	-1.76%	-26.82%	40.15%	0.04%	12.04%
Basic Shares Outstanding	12,976	12,976	12,976	12,976	12,970	12,963
Diluted Shares Outstanding	12,976	12,976	12,976	12,976	12,971	12,969
Shares Change (YoY)	-0.00%	-0.00%	0.00%	0.04%	0.01%	0.03%
EPS (Basic)	1.32	0.97	1.00	1.43	0.98	0.98
EPS (Diluted)	1.32	0.97	1.00	1.43	0.98	0.98
EPS Growth	2.42%	-2.88%	-30.06%	45.62%	0.65%	10.91%
Dividend Per Share	0.577	0.577	0.471	0.532	0.463	0.469
Dividend Growth	22.59%	22.59%	-11.54%	15.00%	-1.28%	14.10%
Effective Tax Rate	15.30%	17.60%	15.83%	12.34%	11.82%	10.98%

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