KGI Financial Holding Co (2883) investor relations material

Executive summary

• Net profit for H1 2026 reached TWD 28.4 billion, up 420% YoY, with EPS of TWD 1.64; disposal gains on FVOCI equities added TWD 39.3 billion, bringing total distributable earnings to TWD 67.8 billion, a record high for the first half.

• Total assets rose 20% YoY to TWD 4,591 billion, and equity attributable to owners increased 76% to TWD 469 billion.

• All major subsidiaries—Securities, Life, Bank, SITE, and Capital—achieved record or milestone results, with cross-subsidiary collaboration under the One KGI strategy enhancing customer relationships and AUM.

• Strong performance was driven by robust AI investment globally, fueling capital markets and trading activity.

Financial highlights

• H1 2026 net profit: TWD 28.4 billion; EPS: TWD 1.64; net income attributable to parent company rose 420% YoY.

• Consolidated net revenue surged 151% YoY to TWD 56.8 billion in H1 2026.

• Income before tax increased 517% to TWD 33.1 billion; ROAE reached 14.2% (annualized).

• Disposal gains on FVOCI equities: TWD 39.3 billion; total distributable earnings: TWD 67.8 billion (TWD 3.96/share).

• Net worth at end-June: TWD 469.2 billion, up TWD 141.8 billion from end-2025.

Outlook and guidance

• Full-year new contract CSM target for Life: TWD 33–35 billion, aiming for double-digit growth.

• Bank NIM guidance raised to 1.43% for 2026, with potential upside.

• Continued focus on digital transformation, sustainable finance, and expanding product offerings across all subsidiaries.

• Ongoing fundraising and new product launches expected to drive further AUM and revenue growth.

• Dividend payout policy remains at 70% upstream from bank and securities, with flexibility for Life depending on regulatory approval.