Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Sign up Log in

First Financial Holding Co. Ltd. Interim / Quarterly Report 2020

Sep 1, 2020

52222_rns_2020-09-01_6bca7e00-54c5-4bb4-a46c-e623cb296d50.pdf

Interim / Quarterly Report

Open in viewer

Opens in your device viewer

==> picture [720 x 7] intentionally omitted <==

==> picture [375 x 44] intentionally omitted <==

第一金控 2020上半年營運報告

Sep. 1, 2020

==> picture [720 x 214] intentionally omitted <==

==> picture [181 x 31] intentionally omitted <==

免責聲明

本份簡報由第一金控提供，內容並未經會計師或任何獨立公正第三者查閱，使用者在閱
讀簡報資料同時，應參考第一金控向主管機關所申報公開且完整的各項財務業務訊息，
我們會盡力確保簡報內容的正確性、完整性與精準度，但第一金控並不保證所有資料皆
準確無誤，簡報公開後，我們亦不承擔有因情勢變更而即時修正相關內容之義務。
使用者亦應注意，本份簡報可能包含前瞻性陳述。任何非歷史性資料，包括公司經營策
略、營運計畫與未來展望等皆屬前瞻性陳述範疇，而前瞻性陳述本身的不確定性、風險、
假設或其它因素如：法規變化、競爭環境、科技發展、經濟情勢與經營上的改變等，皆
有可能導致公司實際營運結果與簡報陳述有重大差異。

簡報的內容、陳述或主張非為買賣或提供買賣任何有價證券或金融商品的邀約、邀約之
引誘或建議。第一集團及其各關係企業代表人無論過失或其它原因，均不對使用或因他
人引用本分簡報資料、亦或其它因簡報資料導致的任何損害負擔任何責任。

2

==> picture [181 x 31] intentionally omitted <==

內容

- 2020 上半年業務摘錄

  • 財務資料

  • 營運成果

  • 附件

3

==> picture [720 x 7] intentionally omitted <==

==> picture [45 x 43] intentionally omitted <==

2020 上半年業 務摘錄

==> picture [720 x 26] intentionally omitted <==

==> picture [181 x 31] intentionally omitted <==

業務摘錄

  • 2020 上半年集團獲利 NT$87.64 億，較去年同期下滑 11.6% ，惟較第一季下滑 幅度已縮小 :

雖然海外疫情尚未獲有效控制，但國內放款需求回溫與金融交易部門資產部位 市場評價回升，均有助於子公司銀行的第二季獲利績效。其他子公司亦繳出正 。 數獲利成績單，同步挹注集團第二季底整體表現

 低利率市場環境推升資金轉進房市與股市 :

  • 銀行上半年總放款較去年同期成長 +6.9%，主係來自房貸 (+6.0%) 及中小企業 放款(+8.1% )動能所致，消費者租不如買心態令房貸第二季度加速成長，而返 台的投資潮及衍生的資金融通需求，則反映了全球戰略性地理位置的重新洗牌 結果。

 科技 / 網路 / 通訊類產業成長趨勢將持續至 2021 年 :

  • 新冠病毒爆發已大幅影響人類生活方式，預期在網路潮流與5G通訊的強勁需求 下，台灣科技產業可望受惠至2021年。

 慎防歐美區域之海外曝險可能發生的下行風險：

  • 上半年外幣放款因歐美總體經濟預估下修，較去年同期下滑7.8% ，預估短期內 仍難以反轉向上，集團對於可能的下行風險已審慎因應與評估。

5

==> picture [720 x 7] intentionally omitted <==

==> picture [45 x 43] intentionally omitted <==

2020 上半年財務資料

==> picture [720 x 26] intentionally omitted <==

==> picture [181 x 31] intentionally omitted <==

2020 上半年主要財務數字
2020上半年獲利組合1( in NT$ mn)
020上半年獲利組合1( in NT$ mn) %
經營績效( in NT$ dollar, NT$ mn, mn shares or %)
稅後淨利
綜合損益2
總資產
每股盈餘
每股淨值
股本
平均淨值報酬率3
平均資產報酬率3
集團資本適足率4
雙重槓桿比率5
1H19
9,9141
18,038
2,998,196
0.77
16.93
124,619
9.52%
0.66%
120.82%
105.83%
YoY %
-11.6%
-68.8%
0.1%
-11.7%
-2.3%
3.0%
-14.7%
-18.2%
2.4%
0.5%
1H20
8,7641
5,636
3,298,071
0.68
16.54
128,358
8.12%
0.54%
123.18%
106.29%
N 銀行
NT$8,483; 96.8%
證券
NT$156;1.8%
投信
T$32; 0.4 %
其他
NT$(137); -1.6
人壽
NT$176; 2.0%
AMC
NT$54; 0.6%
1

1.[依各公司管理事業群之分類方式決定應單獨列示之業務別財務資訊，填列合併沖銷後之金額]

  1. 2013[年起依] IFRS[會計準則編製綜合損益表] 3.[年化後數字]

4.[資本適足率半年更新]

5.[雙重槓桿比率] =[股權投資] /[股東權益]

7

==> picture [181 x 31] intentionally omitted <==

2020上半年營運成果

==> picture [628 x 425] intentionally omitted <==

----- Start of picture text -----

2020 上半年合併淨利與綜合損益 (in NT$ mn)
↓ 9.8%
28,055
(2,335) (3,926) ↓ 11.6%
(11,481)
(1,548)
8,764
5,636
淨收益 呆帳提存 保險準備 營業費用 所得稅 淨利 綜合損益
2019 上半年合併淨利與綜合損益 (in NT$ mn)
31,110
(1,852)
(5,621)
(11,654)
18,038
(2,069)
9,914
淨收益 呆帳提存 保險準備 營業費用 所得稅 淨利 綜合損益
----- End of picture text -----

8

==> picture [181 x 31] intentionally omitted <==

2020上半年主要子公司*獲利表現 - 稅後淨利

==> picture [628 x 397] intentionally omitted <==

----- Start of picture text -----

2020 上半年稅後淨利 -- 主要子公司 (in NT$ mn)
↓ 12.6% ↓ 11.6%
8,483 8,764
156 32 176 54
第一銀行 第一金證券 第一金投信 第一金人壽 第一金 AMC 第一金控
2019 上半年稅後淨利 -- 主要子公司 (in NT$ mn)
9,708 9,914
61 48 97 63
第一銀行 第一金證券 第一金投信 第一金人壽 第一金 AMC 第一金控
----- End of picture text -----

  • 僅列示 5 家主要子公司

9

==> picture [720 x 7] intentionally omitted <==

==> picture [45 x 43] intentionally omitted <==

2020 上半年營運成果

==> picture [720 x 26] intentionally omitted <==

==> picture [181 x 31] intentionally omitted <==

金控與一銀獲利能力 - 稅後淨利

==> picture [628 x 400] intentionally omitted <==

----- Start of picture text -----

金控淨利 & 年化股東權益報酬率 (in NT$ mn & %)
累積淨利 年化股東權益報酬率
9.70% 9.51% 8.58% 9.16% 9.52% 9.73% 9.11% 8.12%
5.40%
19,369
17,332
14,341 15,377
9,605 9,914 8,764
4,810
2,938
6M18 9M18 2018 3M 19 6M 19 9M 19 2019 3M20 6M20
一銀淨利 & 年化股東權益報酬率 (in NT$ mn & %)
累積淨利 年化股東權益報酬率
9.34% 9.40% 8.70% 9.00% 9.34% 9.55% 8.97% 7.88%
6.08%
19,035
17,562
14,163 15,043
9,243 9,708 8,483
4,715
3,316
6M 18 9M 18 2018 3M 19 6M 19 9M 19 2019 3M 20 6M20
----- End of picture text -----

11

==> picture [181 x 31] intentionally omitted <==

一銀 2020上半年稅前獲利

2020上半年累積淨收益(in NT$ mn or %)
 2020上半年累積淨收益(in NT$ mn or %)
 2020上半年累積淨收益(in NT$ mn or %)
 2020上半年累積淨收益(in NT$ mn or %)
 2020上半年累積淨收益(in NT$ mn or %)
 2020上半年累積淨收益(in NT$ mn or %)
累積淨收益
-6.1%
1H19
1H20
23,658
22,218
項目
1H19		 1H20 Change
淨利收
58.3%		 62.0% +3.7%
淨手續費收益
15.6%		 16.4% +0.7%
投資收益/短投
0.4%		 0.4% --
投資收益/長投
0.9%		 0.9% --
投資收益/其他金融商品
23.6%		 20.2% -3.4%
其他
1.2%		 0.1% -1.1%
z
淨收益
100.0%		 100.0%
呆帳費用(淨額)
-7.6%		 -10.3% +2.7%
營業費用
-43.1%		 -44.6% +1.5%
2020上半年一銀淨收益&費用比較( NT$mn) 稅前獲利
49.3%		 45.1% -4.2%
  1. 毛提存費用

12

==> picture [181 x 31] intentionally omitted <==

一銀 2020上半年 總放款結構

==> picture [665 x 424] intentionally omitted <==

----- Start of picture text -----

2020 上半年總放款 [1] (in NT$ bn or %) 各類放款結構
項目 1H19 1H20 Change
消金放款 28.9% 29.4% +0.5%
1,836.3
房貸 26.7% 26.5% -0.2%
法金放款 71.1% 70.6% -0.5%
1,717.6 +6.9% 大企業放款 8.4% 8.1% -0.3%
中小企業放款 39.3% 39.7% +0.4%
外幣放款 23.3% 20.1% -3.2%
Book [1] (in NT$ bn or %)
--- 海外分行 14.1% 13.4% -0.7%
1H19 1H20
總放款 [1]
總放款 [1] 100% 100%
2020 上半年總放款 [1] 結構 (in NT$ bn )
↑ 8.1%
729.4
674.7
↑ 6.0% 外幣↓ 7.8%
486.8
459.3
400.8
369.4
↑ 2.6%
海外
↑ 1.6%
148.7
海外 海外 102.0
144.9 242.8 246.6 37.9
1H19 1H20 1H19 1H20 1H19 1H20 1H19 1H20 1H19 1H20
房屋貸款 大企業放款 中小企業放款 外幣放款 其他
----- End of picture text -----

  1. 總放款不含催收款 ; 2. 中小企業放款依經濟部定義

  2. 其他包含其他消費性貸款及政府及公營事業放款

13

==> picture [181 x 31] intentionally omitted <==

一銀總放款結構 -季度比較

1,717.6
1,731.2
1,768.3
1,801.5
1,836.3
一銀放款成長(in NT$ bn)
QoQ%
↑1.9%
房貸↑1.7%
中小企業↑2.4%
大企業↓ 2.7%
外幣↓ 7.6%
~~37.9~~
~~41.8~~
~~48.4~~
57.4
102.0
400.8
399.6
392.3
399.9
369.4
144.9
143.9
152.7
152.9
148.7
674.7
680.6
700.7
712.5
729.4
459.3
465.3
474.2
478.8
486.8
2Q19
3Q19
4Q19
1Q20
2Q20
總放款
中小企業放款
房屋貸款
外幣放款
大企業放款
其他		 1,717.6
1,731.2
1,768.3
1,801.5
1,836.3
QoQ%
↑1.9%
房貸↑1.7%
中小企業↑2.4%
大企業↓ 2.7%
外幣↓ 7.6%
~~37.9~~
~~41.8~~
~~48.4~~
57.4
102.0
400.8
399.6
392.3
399.9
369.4
144.9
143.9
152.7
152.9
148.7
674.7
680.6
700.7
712.5
729.4
459.3
465.3
474.2
478.8
486.8
2Q19
3Q19
4Q19
1Q20
2Q20

14

==> picture [181 x 31] intentionally omitted <==

一銀存放比、利差與淨利息收益率

==> picture [667 x 391] intentionally omitted <==

----- Start of picture text -----

總放款 & 存放比 (in NT$ bn or % ) 總放款 [1] 存放比
76.58% 78.71% 77.28% 78.12% 77.45% 74.29% 76.56% 74.04% NTD 78.5%
F/X 59.9%
1,663.5 1,703.2 1,715.6 1,722.7 1,736.1 1,772.9 1,806.2 1,840.8
3Q18 2018 1Q19 2Q19 3Q19 2019 1Q20 2Q20
△
存放利差 / 淨利息收益率 (NIM) ( in % ) 存放利差 [2] NIM [2]
1.64% 1.64% 1.62% 1.61% 1.60% 1.59%
1.51%
1.44%
1.20% 1.18%
1.08%
1.06% 1.07% 1.06%
1.01% 0.99%
3Q18 2018 1Q19 2Q19 3Q19 2019 1Q20 2Q20
----- End of picture text -----

  1. 總放款 = 放款 + 進 / 出口買匯 + 催收款項

  2. 利差及淨利息收益率均為累積年度平均數

15

==> picture [181 x 31] intentionally omitted <==

一銀台外幣利差

==> picture [628 x 392] intentionally omitted <==

----- Start of picture text -----

一銀台幣利差及成本分析 ( in % )
利差 ( 台幣 )
存款利率 ( 台幣 ) 放款利率 ( 台幣 )
1.36%
1.39%
1.39%
1.38%
1.24%
1.82% 1.81% 1.81% 1.79%
1.56%
0.43% 0.42% 0.43% 0.43%
0.32%
2Q19 3Q19 4Q19 1Q20 2Q20
一銀外幣利差及成本分析 ( in % ) 存款利率 ( 外幣 ) 放款利率 ( 外幣 )
2.39%
利差 ( 外幣 )
2.26%
2.18% 2.18%
4.01% 1.92%
3.82% 3.59% 3.50%
2.89%
1.62% 1.56% 1.41% 1.32%
0.97%
2Q19 3Q19 4Q19 1Q20 2Q20
----- End of picture text -----

  • 以上利率均為 季度加權平均數字

16

==> picture [181 x 31] intentionally omitted <==

==> picture [628 x 425] intentionally omitted <==

----- Start of picture text -----

一銀2020上半年存款結構
一銀存款結構 (in NT$ bn ) 一銀新台幣活存比結構 (in %)
新台幣存款 外幣存款
新台幣活存比
616.9
+6.1%
581.6 67.87% 67.41% 67.13% 67.42%
△
2020 上半年
總存款
$2,486.1 bn
+12.7% YoY
+15.1%
1,869.2
1,623.6
2018 1H19 2019 1H20
1H19 1H20
----- End of picture text -----

17

==> picture [181 x 31] intentionally omitted <==

一銀特定產業貸放集中度

==> picture [648 x 397] intentionally omitted <==

----- Start of picture text -----

-
2020 上半年 特定貸放產業佔比
非製造業 (76.80%)
總授信餘額 . [1] : NT$1,953.2bn
製造業 (23.20%) 旅館餐飲 2.40%
4.19% 塑化
批發零售 9.71%
5.46% 金屬
不動產 10.68%
4.13% 科技
運輸 3.84%
3.84% 機械
銀行保險 4.30%
5.58% 其他製造業
其他(含房貸) 45.87%
----- End of picture text -----

. * 總放款不含催收款及投資

18

==> picture [181 x 31] intentionally omitted <==

一銀房貸分析

==> picture [632 x 390] intentionally omitted <==

----- Start of picture text -----

房貸利率 & 房貸成數比 (in %) 一銀房貸分析 (in %)
新承作房貸成數比 房貸逾放比 : 0.18% (2Q20)
47% 大台北都會
平均房貸成數 平均房貸利率
1.78% 1.77% 1.76% 1.74% 東部
1.35% 4%
9%
64.82% 64.85% 64.85% 65.18% 64.96% 高屏
45.60% 45.67% 45.77% 45.71% 45.94%
10% 桃竹苗
19%
台南
2Q19 3Q19 2019 1Q20 2Q20
大台中
11%
近一年各月份新承作房貸金額 ↑4.3% (in NT$mn)
單月份新承作房貸金額 25,693
25,408
10,863
7,743 9,458 8,207 9,769 7,660 8,113 8,953 8,350 7,250 7,611 9,599 8,771 7,941 8,981
4M19 5M19 6M19 7M19 8M19 9M19 10M19 11M19 12M19 1M20 2M20 3M20 4M20 5M20 6M20
----- End of picture text -----

19

==> picture [181 x 31] intentionally omitted <==

一銀2020上半年淨手續費結構

==> picture [628 x 392] intentionally omitted <==

----- Start of picture text -----

2020 上半年累積淨手續費收益 (in NT$ mn or %) 累積淨手續費收益佔比
項目 1H19 1H20 Change
財富管理 [1 ] 55.5% 56.2% +0.7%
3,690
3,638 放款相關 17.4% 21.2% +3.8%
外匯 11.3% 9.6% -1.7%
-1.4%
信用卡 5.1% 3.7% -1.4%
其他 [2] 10.7% 9.3% -1.4%
1H19 1H20
淨手續費收益 累積淨手續費收益 100.0% 100.0%
2020 上半年累積淨手續費收益 ( in NT$ mn )
↓ 0.1%
2,045
2,047
↑ 20.2%
772 ↓ 16.0%
642
418 351 395 337
188
133
1H19 1H20 1H19 1H20 1H19 1H20 1H19 1H20 1H19 1H20
財富管理 [1] 放款相關 外匯 信用卡 其他 [2]
----- End of picture text -----

  1. 財富管理手收 = 保管費手收 + 信託手收 + 銀行保險手收

  2. 其他為含海外分行在內之通路手續費

20

==> picture [181 x 31] intentionally omitted <==

一銀淨手續費收益 -季度比較

財富 管理 *

淨手續費收益(in NT$ mn)
每季淨手
續費收益
其他
*
信用卡
外匯相關
放款相關
保管
銀行保險
基金銷售		 514
476
562
633
297
467
96
90
100
117
108
103
325
317
296
365
359
413
200
218
206
176
175
90
98
86
99
63
70
209
187
227
224
184
153
532
525
569
501
380
490
196
1Q19
2Q19
3Q19
4Q19
1Q20
2Q20
1,814
1,876
1,999
2,169
1,756
1,882
↑7.2%
銀行保險
↑57.2%
基金銷售
↓ 12.0%
QoQ

  • 財富管理手續費收入 = 基金銷售 + 銀行保險 + 保管

  • 其他為含海外分行在內之通路手續費

21

==> picture [181 x 31] intentionally omitted <==

一銀2020上半年營業費用比率

營業費用
10,184
9,898
1H19
1H20
2020上半年累積營業費用(in NT$ mn )
-2.8%		 營業費用
10,184
9,898
1H19
1H20
2020上半年累積營業費用(in NT$ mn )
-2.8%		 項目
1H19
1H20
淨收益
23,658
22,218
營業費用
(10,184)
(9,898)
呆帳費用(淨)
(1,808)
(2,294)
所得稅
(1,959)
(1,543)
淨利
9,708
8,483
營業費用比率分析( in NT$ mn)
季度營業費用&營業費用佔比( in NT$ mn or % )
營業費用
累積營業費用佔比
41.35%
43.05%
42.94%
44.03%
49.33%
44.55%
淨收益
12,021
11,654
12,228
11,427
9,784
12,434
4,971
5,213
5,225
5,425
4,826
5,072
1Q19
2Q19
3Q19
2019
1Q20
2Q20

22

==> picture [181 x 31] intentionally omitted <==

一銀2020上半年資產品質

==> picture [628 x 397] intentionally omitted <==

----- Start of picture text -----

逾期放款 , 提存 , 覆蓋率 (in NT$ mn or % )
覆蓋率 逾放比 逾放金額 呆帳提存準備
527.52%
525.79%
497.39%
417.74% 450.10%
389.64% 404.20%
0.32% 0.31%
0.28% 0.29%
0.26% 0.24% 0.23%
21,229 21,892 21,849 22,094 22,414 21,408 21,512
5,449 5,241 4,854 4,442 4,249 4,072 5,322
2018 3M19 6M19 9M19 2019 3M20 6M20
1
個人 與房貸逾放比率 (in %) 大企業與中小企業逾放比 (in %)
個人
大企業
房貸
中小企業
0.25%
0.23% 0.22% 0.23% 0.50% 0.59%
0.18% 0.36% 0.42% 0.37%
0.27%
0.17% 0.21% 0.19% 0.18% 0.18%
0.19% 0.02%
0.19%
0.03%
2Q19 3Q19 4Q19 1Q20 2Q20 2Q19 3Q19 4Q19 1Q20 2Q20
----- End of picture text -----

  1. 個人 : 包含房貸及個人非房貸

23

一銀 2020上半年海外業務盈餘

==> picture [181 x 31] intentionally omitted <==

==> picture [634 x 421] intentionally omitted <==

----- Start of picture text -----

2020 上半年海外分行稅前獲利分析 ( in NT$ mn or %) 2020 上半年全行稅前獲利分析 ( in NT$ mn or %)
9.9%
一銀 2020 上半年
國內市場 ;
稅前獲利
54.35%
16.7% $10,026 mn
62.3% 大中華
2020 上半年
北美
海外稅前獲利
東協
$4,577 mn
11.1% 其他
其他海外地區 ; 大中華 ( 含 OBU) ;
17.20% 28.45%
季度海外稅前獲利佔比分析 (in NT$ mn or %)
海外 全行 累積海外稅前獲利 / 一銀全行稅前獲利
48.32% 44.89% 44.42% 44.86% 45.76%
35.17%
6,232
5,650 6,017
6,042
4,806
3,984
2,730 2,509 2,711 2,244 1,401 3,175
1Q19 2Q19 3Q19 4Q19 1Q20 2Q20
----- End of picture text -----

24

==> picture [181 x 31] intentionally omitted <==

資本適足率與核心資本

==> picture [628 x 397] intentionally omitted <==

----- Start of picture text -----

金控集團資本適足率 (in %)
CAR
131.31% 131.70%
121.35% 120.82% 123.18%
118.70%
115.66%
statutory CAR 100%
一銀資本適足率與第一類資本 (in %)
CAR
12.82% 13.42% 13.21% 13.57% 13.22% 13.00% 13.43%
Tier 1
11.25% 11.08% 11.58% 11.22% 11.11% 11.44%
10.64%
1H17 2H17 1H18 2H18 1H19 2H19 1H20
1H17 2H17 1H18 2H18 1H19 2H19 1H20
----- End of picture text -----

  • 金控公司法定上限 : 雙重槓桿 < 125% ; 債務比 < 30%

25

==> picture [720 x 7] intentionally omitted <==

==> picture [45 x 43] intentionally omitted <==

附件

==> picture [720 x 27] intentionally omitted <==

第一金控綜合損益表

==> picture [181 x 31] intentionally omitted <==

FFHC Consolidated Statement of Comprehensive Income (in NT$ million or %)

FFHC Consolidated Statement of Comprehensive Income (in NT$ millionor %) FFHC Consolidated Statement of Comprehensive Income (in NT$ millionor %) FFHC Consolidated Statement of Comprehensive Income (in NT$ millionor %) FFHC Consolidated Statement of Comprehensive Income (in NT$ millionor %) FFHC Consolidated Statement of Comprehensive Income (in NT$ millionor %) FFHC Consolidated Statement of Comprehensive Income (in NT$ millionor %)
2017
2018
2019
1H19
1H20
Change
Year-over-Year Comparison
1H19 1H20 Change
Net interest income
29,993
30,268
29,604
Net service fee & commission
8,341
8,526
8,676
Net Insurance revenue
5,130
11,733
11,729
Gain on financial assets meas.
5,550
4,880
9,072
at fair value through P/L
Real estate investment gain
93
117
138
Gain on AFS financial assets
1,052
0
0		 14,649
4,073
5,876
4,729
71
0		 14,715
4,265
4,080
2,959
78
0		 0.5%
4.7%
-30.6%
-37.4%
9.9%
--
Gain on financial assets at fair value
through other compre. income
0
1,566
1,505		 336 1,081 221.7%
Income from equity invest.
138
110
125		 73 84 15.1%
Excluding gainon fin.assetsmeasured at amort.c
0
22
40		 0 64 #DIV/0!
Reserve of overlay approach 0
0
(22)		 (49) 134 --
Net gain on F/X
Assets impairment loss
Others
Net Revenue
Net Provision for credit losses
Recovered(provided) for insurance res.
Operating Expense
Income from continued op. before tax
Income tax expenses
Consolidatednetincome		 (170)
2,499
1,147
(46)
(90)
(18)
746
618
322
50,827
60,249
62,318
(6,772)
(5,486)
(3,852)
(4,560)
(11,153)
(11,256)
(21,347)
(22,906)
(23,901)
18,148
20,703
23,309
(2,716)
(3,370)
(3,940)
15,432
17,332
19,369
(1,038)
417
7,399
14,394
17,749
26,768
15,483
17,332
19,369
(51)
0
0
14,380
17,749
26,768
14
0
0
1.24
1.39
1.55		 1,025
13
314
31,110
(1,852)
(5,621)
(11,654)
11,983
(2,069)
9,914		 528
(19)
86
28,055
(2,335)
(3,926)
(11,481)
10,313
(1,548)
8,764		 -48.5%
-246.2%
-72.6%
-9.8%
26.1%
-30.2%
-1.5%
-13.9%
-25.2%
-11.6%
Other Items
Comprehensive Income		 8,123
18,037		 (3,128)
5,636		 -138.5%
-68.8%
Net Income attributed to:
Parent
Minorityinterests		 9,914
0		 8,764
0		 -11.6%
-
Comprehensive Income attributed to:
Parent
Minorityinterests		 18,037
0		 5,636
0		 -68.8%
-
EPS1(NT$)
0.77 0.68 -11.7%

27

第一金控非合併損益表

==> picture [181 x 31] intentionally omitted <==

FFHC Standalone Income Statement Summary in NT$ million, NT$, or %

in NT$ million, NT$, or %
Full Year Results Year-over-Year Comparison
2017 2018 2019 1H19 **1H20 ** Change
Operating revenues
Income from long-term investment 15,693 17,904 19,835 10,046 8,908 -11.3%
Other income1 246 227 190 146 142 -2.7%
Total revenues 15,939 18,131 20,025 10,193 9,050 -11.2%
Loss from long-term investment (53) (321) 0 0 (52) -
Operating expenses (334) (356) (389) (183) (182) -0.5%
Other expenses and losses (118) (110) (202) (101) (106) 5.0%
Income from continued op. before tax 15,434 17,344 19,434 9,909 8,710 -12.1%
Income from continued op. after tax 15,483 17,332 19,369 9,914 8,764 -11.6%
Income from discontinued op., net of tax 0 0 0 0 0 --
Net income 15,483 17,332 19,369 9,914 8,764 -11.6%
EPS2(NT$) 1.24 1.39 1.55 0.77 0.68 -11.7%

  1. Including income other than long-term investment

  2. EPS is adjusted retroactively for stock dividends

28

==> picture [181 x 31] intentionally omitted <==

第一金控資產負債表

FFHC Balance Sheet Summary ~~in NT$ million or million shares~~

Year-over-Year Comparison
Full Years Result		 Year-over-Year Comparison
Full Years Result		 Year-over-Year Comparison
Full Years Result		 Year-over-Year Comparison
Full Years Result
1H19 **1H20 ** Change
Long-term investment
205,970
217,409
232,876
Total non-consolidated assets
208,951
224,661
241,223
Total liabilities
17,168
19,358
21,490
Total shareholders' equity
191,783
205,303
219,733
Conolidated Balance Sheet Data
Total consolidated assets
2,634,059
2,935,204
3,206,767
Total liabilities
2,442,008
2,729,901
2,987,034
Total shareholders' equity
192,051
205,303
219,733
Parent's shareholders' equity
191,783
205,303
219,733
Minority interests
268
0
0
Current shares outstanding**
122,164
123,386
124,619		 223,309
240,550
29,548
211,002
2,998,196
2,787,194
211,002
211,002
0
124,619		 225,637
246,958
34,675
212,283
3,298,071
3,085,788
212,283
212,283
0
128,358		 1.0%
2.7%
17.4%
0.6%
10.0%
10.7%
0.6%
0.6%
--
3.0%

*figures may not match due to rounding

29

一 第 金控主要財務比率

==> picture [181 x 31] intentionally omitted <==

==> picture [36 x 242] intentionally omitted <==

FFHC Key Ratios

FFHC Key Ratios
2017
2018
2019
1H19
1H20 Change
0.60%
0.62%
0.63%
0.66%
0.54%
-18.2%
8.04%
8.58%
9.11%
9.52%
8.12%
-14.7%
15.70
16.64
17.63
16.93
16.54
-2.3%
122,164
123,386
124,619
124,619
128,358
3.0%
107.40%
105.90%
105.98%
105.83%
106.29%
0.4%
131.31%
131.70%
118.71%
120.82%
123.18%
2.0%
8.24%
8.62%
8.91%
12.28%
14.04%
14.3%
Year-over-Year Comparison
Full Year Results
1H19 **1H20 ** Change
After-tax ROAA (Annualized ratio)
After-tax ROAE (Annualized ratio)
Book Per Share
Capital Stock
Double leverage1
Group CAR2
Debt Ratio3		 0.66%
9.52%
16.93
124,619
105.83%
120.82%
12.28%		 0.54%
8.12%
16.54
128,358
106.29%
123.18%
14.04%		 -18.2%
-14.7%
-2.3%
3.0%
0.4%
2.0%
14.3%

  1. Double leverage ratio = Long-term investment / Equity

  2. Updated semi-annually.

  3. Unconsolidated basis

30

==> picture [181 x 31] intentionally omitted <==

第一銀行損益表

FB Comprehensive Income Statement Summary(Standalone) in NT$ million or %

FB Comprehensive Income Statement Summary(Standalone)
in NT$ million or %		 FB Comprehensive Income Statement Summary(Standalone)
in NT$ million or %		 FB Comprehensive Income Statement Summary(Standalone)
in NT$ million or %
Year-over-Year Comparison
Full Year Results
2017
2018
2019
1H19
Net interest income
28,843
28,669
27,832
13,801
Net fee income
7,457
7,563
7,858
3,690
Net gain on ST invest.
398
98
515
96
Net gain on LT invest.
719
834
903
210
Net gain on other fin. products
5,256
8,396
9,932
5,586
Other net income
241
462
273
275
Net revenue
42,914
46,022
47,313
23,658
Operating expenses
(18,466)
(19,863)
(20,834)
(10,184)
Pre-provisiion pre-tax profit
24,448
26,159
26,479
13,474
Provision expense
(9,621)
(8,480)
(6,655)
(3,064)
Adjustment: bad-debt recovery
2,782
3,017
2,898
1,256
Income before tax
17,609
20,696
22,722
11,667
Income tax
(2,467)
(3,134)
(3,688)
(1,959)
Net income
15,142
17,562
19,035
9,708
Other items
(1,214)
503
6,450
7,260
Comprehensive income
13,928
18,065
25,485
16,968
EPS
1.70
1.97
2.14
1.09		 1H20 Change
13,775
3,638
79
197
4,489
40
22,218
(9,898)
12,320
(3,709)
1,414
10,026
(1,543)
8,483		 -0.2%
-1.4%
-17.7%
-6.2%
-19.6%
-85.5%
-6.1%
-2.8%
-8.6%
21.1%
12.6%
-14.1%
-21.2%
-12.6%
(2,636)
5,847		 -136.3%
-65.5%
0.95 (0.13)

31

==> picture [181 x 31] intentionally omitted <==

第一銀行主要財務比率
FB Key Ratios
Full Year Results Year-over-Year Comparison
2017
2018
2019
1.65%
1.64%
1.59%
1.26%
1.18%
1.06%
43.03%
43.19%
44.02%
79.28%
78.71%
74.29%
0.38%
0.32%
0.24%
0.46%
0.34%
0.28%
0.05%
0.23%
0.08%
1.38%
1.25%
1.27%
358.56%
389.64%
527.52%		 1H19 1H20
Loan to deposit spread
Net Interest Margin
Cost to income ratio3
Loan to deposit ratio1
NPL ratio
Domestic NPL ratio
Overseas NPL ratio
LLR ratio (excluding gov. loan)
Coverage ratio		 1.61%
1.06%
43.05%
78.12%
0.28%
0.32%
0.14%
1.27%
450.10%		 1.44%
0.99%
44.55%
74.04%
0.29%
0.28%
0.35%
1.20%
404.20%
CAR
Tier-1		 13.42%
13.57%
13.00%
11.25%
11.58%
11.11%		 13.22%
11.22%		 13.43%
11.44%
ROAA2
ROAE2
1. Loan to depoist ratio = total loan /
2. Annualized figures.		 0.60%
0.65%
0.64%
7.91%
8.71%
8.97%
total deposit		 0.68%
9.34%		 0.54%
7.88%

32

==> picture [181 x 31] intentionally omitted <==

第一銀行資產品質

==> picture [73 x 388] intentionally omitted <==

FB NPL Migration in NT$ million or %

FB NPL Migration
in NT$ million or %
2018
2019
Q1
Q2
1H19
1H20
Change
NPL- beginning
6,114
5,449
4,249
4,072
5,449
4,249
-22.0%
Net new NPL influx
6,098
4,132
2,463
3,097
2,009
5,560
176.8%
Domestic
5,394
3,210
2,419
2,117
1,524
4,536
197.6%
Overseas
704
922
44
980
485
1,024
111.1%
Net write-offs
(6,763)
(5,332)
(2,640)
(1,847)
(2,604)
(4,487)
72.3%
NPL- ending balance
5,449
4,249
4,072
5,322
4,854
5,322
9.6%
Allowance for loan loss- beginning
19,781
21,229
22,414
21,408
21,229
22,414
5.6%
Provisions for loan loss
7,919
6,439
1,628
1,995
3,010
3,623
20.4%
Net write-offs
(6,763)
(5,332)
(2,640)
(1,847)
(2,604)
(4,487)
72.3%
Others
292
78
6
(44)
214
(38)
--
Allowance for loan loss- ending
21,229
22,414
21,408
21,512
21,849
21,512
-1.5%
Recovery from bad debt
3,017
2,897
684
730
1,256
1,414
12.6%
Domestic
2,895
2,684
670
718
1,218
1,388
14.0%
Overseas
73
164
1
1
14
2
-85.7%
Credit card
49
49
13
11
24
24
0.0%
1. Non-consolidated basis
 NTD 2,141 mn was recategorized from “allowance for loan losses” to “reserve for loan commitments” and other provision referring to IFRS9 since 2018
Year-over-Year Comparison
2020 Quarterly
Full Year Results

1. Non-consolidated basis

  • NTD 2,141 mn was recategorized from “allowance for loan losses” to “reserve for loan commitments” and other provision referring to IFRS9 since 2018

33

第一金證券營運報告

==> picture [181 x 31] intentionally omitted <==

First Sec Income Statement Summary

in NT$ million or %

in NT$ million or %
2017
2018
2019
1H19
1H20
Change
Full Year Results
Year-over-Year Comparison
1H20 Change
Brokerage commission
Net interest income
Underwriting commission
Transaction gains through F/V, net
Other operating income
Total operating income
Total operating expenses
Non-operating income
Income before tax
Income tax		 849
899
777
350
306
293
220
106
38
97
45
8
227
29
270
92
107
34
89
29
1,527
1,352
1,401
585
(1,301)
(1,260)
(1,172)
(561)
72
77
86
48
298
169
315
71
(26)
(55)
(43)
(10)		 573
103
24
54
57
811
(665)
30
176
(20)
Cummulative effect of change in
accounting principles		 0
0
0
0		 0
Net income 272
114
272
61		 156
First Sec Key Ratios
ROAE (Annualized)
ROAA (Annualized)
Brokerage market share
Margin loan market share		 4.41%
1.81%
4.28%
1.94%
1.55%
0.61%
1.32%
0.64%
1.53%
1.42%
1.39%
1.37%
2.94%
2.53%
2.29%
2.26%		 4.84%
1.31%
1.43%
2.37%

34

==> picture [181 x 31] intentionally omitted <==

第一金投信營運報告

FSITC Income Statement Summary in NT$ million or %

1H20 Change
265
20
285
(249)
4
40
(8)
32
0
32		 -13.1%
33.3%
-10.9%
-10.4%
-75.0%
-31.0%
-20.0%
-33.3%
-33.3%
y
FSITC Key Ratios
AUM
101,095
85,558
105,042
109,346
AUM Ranking
8
9
10
11		 105,079 -3.9%
11
  1. Non-consolidated basis

35

第一金人壽營運報告

==> picture [181 x 31] intentionally omitted <==

~~First Life Financial Results Summary~~ in NT$ million or %

Year-over-Year Comparison
Full Year Result		 Year-over-Year Comparison
Full Year Result		 Year-over-Year Comparison
Full Year Result		 Year-over-Year Comparison
Full Year Result		 Year-over-Year Comparison
Full Year Result		 Year-over-Year Comparison
Full Year Result		 Year-over-Year Comparison
Full Year Result
1H20 Change
-16.5%
-19.8%
-9.4%
33.8%
-18.6%
5,998
5,318
126
554
5,516
Reinsurance commission
40
49
59
29
Reserves
4,566
11,192
11,304
5,642
Claims
7,419
851
1,329
691
Commission
711
930
873
411
Others
125
0
0
0		 32
3,954
1,167
362
1		 10.3%
-29.9%
68.9%
-11.9%
#DIV/0!
Operating Expenses
(566)
(638)
(655)
(301)
Profit/Loss of Operation
(129)
(154)
215
111
Non-Operating Profit
0
0
0
0		 (353)
129
0		 17.3%
16.2%
#DIV/0!
Profit/Loss Before Tax
(129)
(154)
215
111
Income tax
26
13
29
(14)
Net Income after tax
(103)
(141)
244
97
Key Ratios
ROAE(Annualized ratio)
-19.39%
-13.46%
10.44%
9.97%
ROAA(Annualized ratio)
-0.30%
-0.34%
0.47%
0.40%
* FFHC claims 51% of First-Aviva operating results in 2015,2016, and 2017.		 129
47
176
10.88%
0.59%

36

==> picture [720 x 540] intentionally omitted <==

----- Start of picture text -----

Q&A
----- End of picture text -----

More from First Financial Holding Co. Ltd.

AGM Information 2026
Jun 30
Board/Management Information 2026
Jun 29
Capital/Financing Update 2026
Jun 26
Board/Management Information 2026
Jun 25
Capital/Financing Update 2026
Jun 25
AGM Information 2026
Jun 24
Board/Management Information 2026
Jun 23
Board/Management Information 2026
Jun 22
Capital/Financing Update 2026
Jun 22
Governance Information 2026
Jun 18
View all filings →