Fubon Financial reports record first-half profit, EPS of NT$13.17
Taiwan's Fubon Financial posted its strongest first half ever, good news for shareholders expecting a solid dividend.
- Profit hit a record for the period once gains from selling stock holdings are counted, lifting earnings per share to NT$13.17.
- Every major unit — banking, brokerage and insurance — made more money than ever before.
- Management expects to pay out 40% to 50% of earnings as dividends, in line with past policy.
- Book value per share jumped to NT$109 after adjustments, with total assets up 15.7% from a year ago.
- Fubon Life is buying more long-dated bonds, betting that high oil prices from Middle East tensions keep long-term interest rates attractive.
Outlook: Fubon is leaning on bonds for steady income and on AI-driven tech leaders in Taiwan stocks for capital gains, so dividend income from its portfolio should dip slightly this year.