Fubon Financial reports strong Q1 results; subsidiaries show robust growth

Fubon Financial reports strong Q1 results; subsidiaries show robust growth
Banking & Financial Services
Webp owcbiqbm21ua2wm3kalbe7dllz7c
Richard M. Tsai Chairman, Fubon Financial | Fubon Financial Holding Co., Ltd.

Fubon Financial Holdings has reported a strong financial performance for the first quarter of 2025, recording a net income of NT$41.06 billion and an earnings per share (EPS) of NT$3. This represents a 35% increase from the previous year, with both net income and EPS ranking first in the industry.

The company’s total assets exceeded NT$12.1 trillion by the end of March 2025, reflecting an annual growth of 5.2%. The net worth reached NT$914.2 billion, marking an annual growth of 2%. The return on assets (ROA) was recorded at 1.36%, and return on equity (ROE) at 17.61%, both showing improvement compared to last year.

On May 2, Fubon Financial Holdings' board approved a cash dividend of NT$4.25 and a stock dividend of NT$0.25 per common share, resulting in a total dividend distribution of NT$4.50 with a payout ratio of 41.8%. By May 12, unaudited net income for April was reported at NT$4.17 billion.

Richard M. Tsai, Chairman of Fubon Financial Holdings, highlighted that "besides excellent financial performance in the first quarter of 2025," the company received significant recognition for its sustainable operations globally and domestically.

Fubon Life's net income for Q1 was reported at NT$27.32 billion, reflecting an increase of 56.4% YoY and securing the top position in the industry.

Taipei Fubon Bank achieved a new high in Q1 net income at NT$10.11 billion with overall net revenue growing by 13.1% YoY.

Fubon Securities maintained its market position despite global stock market fluctuations while Fubon Insurance saw its premium income grow by 14.7% YoY.

Fubon Bank (China) recorded substantial growth with retail loans increasing by 16.3% YoY and net income rising by 215%.

As announced today, Fubon Life's embedded value (EV) as of the end of 2024 is projected to exceed NT$1 trillion for the first time with an EV per share reaching NT$78.6 for Fubon Financial Holdings.