CTBC Financial Holding Co., Ltd. Overview
CTBC Financial Holding Co., Ltd. is a Taiwan-based financial holding company engaged in various financial businesses including investment banking, insurance, securities, and venture capital. The company operates both domestically and internationally.
Recent Developments
- CTBC Financial Life Insurance Unit plans to invest up to $10 million in a private equity fund.
- The company has secured board approval to open a branch in Los Angeles.
- CTBC Financial plans to issue structured bonds to enhance funding liquidity.
- The company reported a profit of NT$72 billion in 2024.
Financial Highlights
- The stock price was 36.30 TWD as of April 21, 2025.
- The stock has seen a 5-day change of -1.22%, a year-to-date change of -7.16%.
- CTBC Financial has 24,978 employees.
Future Prospects
The company is expected to release its Q1 2025 earnings on May 18. Analysts have given a mean consensus rating of ‘BUY’ with an average target price of 43.07 TWD, representing an 18.82% potential upside.
