Reported about 1 year ago
Taipei Fubon Bank (2834) reported a net profit after tax of 5.516 billion NT dollars for the first five months of 2024, with earnings per share (EPS) of 0.67 NT dollars and a net asset value per share of 15.21 NT dollars. The bank's net profit after tax decreased slightly by 0.11 billion NT dollars compared to the same period last year, a 0.2% decrease. Taipei Fubon Bank aims to optimize the risk asset allocation, enhance profit momentum through various avenues, strengthen capital structure, and improve capital adequacy ratio. Last week, foreign investors bought 39,775 shares, investment trust companies sold 169 shares, and proprietary traders bought 633 shares, with further observation on institutional trading activities. Technically, Taipei Fubon Bank's stock is currently positioned above its weekly, monthly, and quarterly trend lines, showing a potential for further gains, with the stock closing at 19 NT dollars, up by 0.8 NT dollars or 4.4% for the week, marking three consecutive weekly gains.
Source: YAHOO