Fubon Financial Holdings conducted its annual shareholders' meeting on June 13, 2025. During the meeting, the business report, financial statements, and earnings distribution proposal for 2024 were approved. The company achieved a record net income of NT$150.82 billion in 2024, marking a significant milestone in Taiwan's financial holding industry.
Shareholders approved a cash dividend of NT$4.25 per common share and a stock dividend of NT$0.25 per common share, totaling NT$4.5 per share with a total payout ratio of 41.8%. The preferred shares received dividends at various rates: Class A at 4.58125%, Class B at 3.6%, and Class C at 3.0%. The board was authorized to set the ex-dividend date.
The meeting also approved converting capital surplus into company capital to issue new shares, allocating NT$3,416,430,470 for this purpose. Additionally, a long-term capital raising plan was sanctioned to issue up to 1.5 billion shares.
Richard M. Tsai, Chairman of Fubon Financial Holdings stated that global inflationary pressures are expected to ease in 2024 leading to economic recovery but highlighted uneven performance across industries affecting growth momentum.
Fubon Financial Holdings reported an EPS of NT$10.77 and maintained its profitability leadership among Taiwan's financial holdings for the sixteenth year running.
In strategic moves, Fubon plans to merge Fubon Asset Management with Jih Sun Securities Investment Trust by late 2024 or early 2025 and continues focusing on regional strategy leveraging financial technology.
The company is committed to sustainable practices with strategies focusing on decarbonization and digitalization among others and has been recognized internationally for its efforts in sustainability.
Looking forward to 2025, Fubon aims for steady growth while expanding its presence in Asia and considering mergers or acquisitions as part of its strategic goals.