Taiwan Cooperative Financial Holding Co., Ltd. (TPE:5880)

TPE:5880 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	108,129	106,304	93,412	63,732	49,331	52,869
Interest Paid on Deposits	76,826	76,131	61,449	25,968	13,328	17,973
Net Interest Income	31,303	30,174	31,963	37,764	36,003	34,896
Net Interest Income Growth (YoY)	2.51%	-5.60%	-15.36%	4.89%	3.17%	-1.27%
Gain (Loss) on Sale of Assets	81.32	83.84	98.27	152.02	124.94	95.26
Gain (Loss) on Sale of Investments	26,439	36,230	14,937	20,667	6,242	-1,564
Gain (Loss) on Sale of Equity Investments	11.06	12.17	16.6	9.41	11.04	7.96
Other Non-Interest Income	9,580	-688.3	14,362	-5,410	12,032	18,330
Total Non-Interest Income	36,110	35,637	29,414	15,419	18,410	16,870
Non-Interest Income Growth (YoY)	13.23%	21.16%	90.77%	-16.25%	9.13%	22.69%
Revenues Before Loan Losses	67,413	65,811	61,377	53,182	54,413	51,766
Provision for Loan Losses	5,242	5,750	7,502	1,215	2,377	7,101
Revenue	62,172	60,061	53,875	51,967	52,036	44,665
Revenue Growth (YoY)	13.45%	11.48%	3.67%	-0.13%	16.50%	-0.70%
Salaries and Employee Benefits	18,589	18,528	17,292	17,541	18,236	16,574
Occupancy Expenses	2,867	2,861	2,649	2,506	2,277	2,169
Selling, General & Administrative	10,484	10,336	9,627	8,262	7,154	7,119
Other Non-Interest Expense	5,447	3,369	2,232	-728.7	-60.39	-1,019
Total Non-Interest Expense	37,388	35,094	31,800	27,581	27,607	24,843
EBT Excluding Unusual Items	24,784	24,966	22,075	24,386	24,429	19,823
Asset Writedown	17.68	12.83	-	-	-	-
Pretax Income	24,802	24,979	22,075	24,386	24,429	19,823
Income Tax Expense	5,384	5,170	4,196	3,569	3,217	2,688
Earnings From Continuing Operations	19,417	19,809	17,878	20,817	21,212	17,135
Minority Interest in Earnings	-500.05	-589.32	-614.52	-568.31	-677.85	-550.85
Net Income	18,917	19,220	17,264	20,249	20,534	16,584
Net Income to Common	18,917	19,220	17,264	20,249	20,534	16,584
Net Income Growth	7.40%	11.33%	-14.74%	-1.39%	23.82%	-3.78%
Basic Shares Outstanding	15,224	15,224	15,224	15,224	15,224	15,224
Diluted Shares Outstanding	15,224	15,224	15,224	15,224	15,224	15,225
Shares Change (YoY)	-	-	-	-	-0.00%	-
EPS (Basic)	1.24	1.26	1.13	1.33	1.35	1.09
EPS (Diluted)	1.24	1.26	1.13	1.33	1.35	1.09
EPS Growth	8.77%	11.50%	-15.04%	-1.39%	23.82%	-3.59%
Dividend Per Share	-	-	0.628	0.460	0.893	0.745
Dividend Growth	-	-	36.49%	-48.50%	20.00%	3.00%
Effective Tax Rate	21.71%	20.70%	19.01%	14.64%	13.17%	13.56%

Updated Mar 14, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.