Reported 6 months ago
CTBC Financial Holding (2891) with 530,000 shareholders announced its May 2024 earnings, reporting a post-tax profit of 5.124 billion yuan for May, slightly higher than April's 5.107 billion yuan, totaling 31.151 billion yuan for the first five months, nearly a 60% year-on-year increase, with an earnings per share (EPS) of 1.60 yuan, temporarily ranking first among announced profitable financial holding companies. CTBC Financial attributes the excellent performance to growth in deposits and strong wealth management momentum. Bank business profits increased by 8% compared to the same period last year, while insurance business profits significantly improved due to factors such as capital gains and the appreciation of the US dollar.
Source: YAHOO