FinanceBRIEF

Taiwan's 13 Listed Financial Holdings Post Record NT$440.9 Billion H1 2026 Profit, Up 101%

林紀旭 James LinEditor-in-Chief
Published · Updated
According to Liberty Times and UDN (Economic Daily News), Taiwan's 13 listed financial holding companies posted combined H1 2026 after-tax profit of NT$440.875 billion, up about 101% year-on-year — a record for the period, with 11 of the 13 firms setting new H1 highs.

The full picture: a record first half for 13 listed financial holdings

Taiwan's 13 listed financial holding companies together booked NT$440.875 billion in after-tax profit for the first half of 2026, according to Liberty Times, which reported the total was up roughly 101% year-on-year and exceeded the previous record of NT$341.57 billion set in H1 2021 — making it the highest first-half figure on record [E1]. UDN's Economic Daily News reported an essentially matching figure of NT$440.87 billion, also citing a 101% year-on-year increase and calling it a record for the period [E12].

UDN further reported that 11 of the 13 companies rewrote their own historical first-half highs. Cathay Financial Holding (國泰金控) posted its best first half since 2022, while IBF Financial Holding (國票金控) had already surpassed its entire full-year 2025 profit within the first six months [E14].

Fubon Financial Holding: the leader of H1 profit

Fubon Financial Holding (富邦金控) topped the industry with H1 2026 after-tax profit of NT$97.34 billion and earnings per share (EPS) of NT$6.67, which Liberty Times described as a "double crown" — first place in both cumulative profit and EPS [E2]. UDN reported the same NT$97.34 billion and NT$6.67 EPS figures, noting the result broke past the NT$90 billion mark [E13].

UDN also detailed Fubon's June performance: the company's self-reported consolidated after-tax net income for June alone was NT$9.49 billion. When the June net income is combined with an FVOCI (equity-instrument) disposal gain of NT$29.22 billion, Fubon's six-month cumulative retained-earnings impact reaches NT$188.41 billion, equivalent to EPS of NT$13.17 — a figure UDN said surpassed the company's full-year results in prior years [E17]. Liberty Times reported the same adjusted figure, stating that once the FVOCI stock-disposal gain is added, Fubon's impact on retained earnings for H1 reaches NT$188.41 billion [E4].

Cathay Financial Holding: another leader's H1 results

Cathay Financial Holding (國泰金控) took the single-month profit crown for June, with NT$16.59 billion in after-tax profit that month, which Liberty Times attributed to strong momentum at its core subsidiaries. Its H1 2026 cumulative after-tax profit reached NT$76.52 billion, with EPS of NT$4.95 [E3]. Including the FVOCI stock-disposal gain, Cathay's impact on retained earnings for the first half reached NT$165.9 billion [E4] — a figure that, notably, sits below Fubon's equivalent adjusted total of NT$188.41 billion despite Cathay's June monthly profit crown.

Other financial holdings that already beat their full-year 2025 profit

Several mid-tier financial holdings surpassed their entire 2025 full-year profit within just six months of 2026:

CompanyH1 2026 profitFull-year 2025 profitNotes
Yuanta Financial Holding (元大金控)NT$36.572 billionNT$36.521 billionSecurities subsidiary contributed NT$24.528 billion [E8]
IBF Financial Holding (國票金控)NT$2.783 billionNT$2.296 billion[E9]
KGI Financial Holding (凱基金控)NT$28.44 billion (core); NT$67.775 billion including FVOCI gainNT$30.058 billionFVOCI-adjusted figure marks a record for the period [E10]

Separately, Taishin Financial Holding (台新新光金控) — formed from the merger of Taishin and Shin Kong — reported H1 2026 after-tax profit of NT$43.83 billion, EPS of NT$1.71, and year-on-year growth of 328.86% versus the pre-merger Taishin Financial base, according to Liberty Times [E11].

The June signal: did momentum hold up month to month?

Liberty Times reported that combined after-tax profit across the 13 financial holdings for June alone was NT$73.492 billion, a slight decrease from NT$75.904 billion in May [E5]. The dip is modest against the scale of the half-year total, but it is the only month-over-month comparison point in the reporting.

Profit scale vs. growth rate: who led on each metric

UDN ranked the 13 financial holdings separately by EPS and by year-on-year profit growth, and the two rankings produced different leaders.

EPS ranking (H1 2026):

RankCompanyEPS
1Fubon Financial Holding (富邦金控)NT$6.67
2Cathay Financial Holding (國泰金控)NT$4.95
3Yuanta Financial Holding (元大金控)NT$2.74
4CTBC Financial Holding (中信金控)NT$1.96
5Taishin Financial Holding (台新新光金控)NT$1.71

Source: UDN [E15]

Year-on-year profit growth ranking (H1 2026):

RankCompanyYoY growth
1KGI Financial Holding (凱基金控)419.5%
2Taishin Financial Holding (台新新光金控)328.4%
3IBF Financial Holding (國票金控)324%
4Yuanta Financial Holding (元大金控)125.3%
5SinoPac Financial Holdings (永豐金控)93.6%

Source: UDN [E16]

Notably, the two outlets reported slightly different growth figures for Taishin Financial Holding: Liberty Times cited 328.86% year-on-year growth versus the pre-merger Taishin base [E11], while UDN's ranking listed 328.4% [E16] — a small discrepancy between the two reports on the same underlying comparison. Neither the EPS leader (Fubon) nor the growth-rate leader (KGI) topped both lists, underscoring that scale and growth rate produced different winners this half.

Subsidiary contributions: banking, securities, and life insurance

Beneath the holding-company totals, several subsidiaries posted standout single-month or half-year figures. Yuanta Securities (元大證券) alone earned NT$5.448 billion in June [E6].

On the life insurance side, Liberty Times reported that Cathay Life (國泰人壽) earned NT$11.37 billion in June alone, while Fubon Life (富邦人壽) and KGI Life (凱基人壽) realized stock-disposal gains of NT$18.09 billion and NT$9.34 billion respectively in June, both flowing directly into retained earnings [E7].

UDN separately detailed two Fubon subsidiaries. Taipei Fubon Bank (台北富邦銀行) posted June after-tax profit of NT$5.2 billion, up 36% year-on-year — the first time its single-month profit topped NT$5 billion — bringing its H1 cumulative total to NT$25.73 billion, up 32% year-on-year and a new historical high [E18]. Fubon Securities (富邦證券) reported June after-tax profit of NT$2.6 billion and H1 cumulative profit of NT$11.02 billion, up 172% year-on-year, with UDN noting the H1 figure already exceeded the subsidiary's full-year 2025 profit and marked a new single-month and cumulative record [E19].

What this means

The headline NT$440.875 billion / NT$440.87 billion figure — corroborated by both Liberty Times and UDN with matching ~101% year-on-year growth [E1][E12] — sits alongside a more mixed underlying picture. June's combined monthly profit of NT$73.492 billion came in below May's NT$75.904 billion [E5], even as the half-year total set a record, suggesting the record was built on strength earlier in the period rather than an accelerating June. At the same time, a recurring theme across Fubon [E4][E17], Cathay [E4], and KGI [E10] is that FVOCI equity-instrument disposal gains realized in June added materially to each company's retained-earnings impact beyond core operating profit — for Fubon, the gap between core H1 profit (NT$97.34 billion) and the FVOCI-adjusted figure (NT$188.41 billion) is nearly double. Finally, the EPS ranking [E15] and the growth-rate ranking [E16] point to different leaders (Fubon by EPS, KGI by growth rate), indicating that this half's record was driven by different combinations of scale and momentum across the 13 companies rather than uniform performance.

📊 Evidence

FAQ

Which financial holding company posted the highest H1 2026 EPS?

Fubon Financial Holding (富邦金控) led with EPS of NT$6.67, ranking first among the 13 listed financial holdings, according to UDN and Liberty Times.

Which company won the June 2026 single-month profit crown?

Cathay Financial Holding (國泰金控) took the June monthly profit crown with NT$16.59 billion in after-tax profit, according to Liberty Times.

Which financial holdings already surpassed their full 2025 fiscal year profit within H1 2026?

Yuanta Financial Holding, IBF Financial Holding, and KGI Financial Holding (on an FVOCI-adjusted basis) all reported H1 2026 profit exceeding their full-year 2025 totals, per UDN. Fubon Securities, a subsidiary of Fubon Financial Holding, also exceeded its full-year 2025 profit within H1 2026.

📎 Sources

  1. ec.ltn.com.tw
  2. money.udn.com
林紀旭 James LinEditor-in-Chief

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