Public-Share Four Financials and Two Banks Earn Over NT$121.3 Billion in First Eight Months! Mega Financial Maintains Profit King Title, Hua Nan Financial Leads Growth with Nearly 40% YoY Increase

The self-reported earnings for the first eight months of 2026 for the 'Four Financials and Two Banks'—six state-owned financial groups and banks—have all been disclosed. These six financial holding companies and banks collectively earned a net profit of NT$121.329 billion from January to August this year, representing a 23.67% year-on-year increase and setting a new historical high for the same period.

Among them, Hua Nan Financial (2880-TW) benefited from significantly stronger performance across all subsidiaries compared to the same period last year, achieving a year-on-year profit increase of nearly 40% for the first eight months—the highest growth rate among the six. Meanwhile, Mega Financial (2886-TW) maintained its position as the most profitable, with cumulative earnings reaching NT$29.219 billion.

Looking at August's standalone monthly profit, Mega Financial ranked first with NT$3.56 billion, followed by Hua Nan Financial with NT$3.371 billion, and First Financial (2892-TW) in third place with NT$2.913 billion. Among the six, only Hua Nan Financial saw a 2.52% month-on-month increase in August's profit, along with a substantial 50.63% year-on-year surge—the highest growth among the six.

Cumulatively, the six public-share financial institutions earned a total of NT$121.329 billion from January to August, up 23.67% year-on-year. Mega Financial remained the top earner with NT$29.219 billion, followed by Hua Nan Financial with NT$24.022 billion, and First Financial closely behind with NT$23.85 billion.

Mega Financial's August profit declined by 18.20% month-on-month, the largest drop among the six. Deputy General Manager and Spokesperson Ting Han-Yin explained that July was the peak month for dividend income, and as such, related revenues decreased in August, leading to the monthly profit gap. First Financial also saw a slowdown in profit growth, with a 7.20% month-on-month decline, primarily due to reduced one-time dividend income from subsidiary First Commercial Bank and higher provisions.

Hua Nan Financial's August profit surged 50.63% year-on-year, the highest among the six. Its cumulative profit for the first eight months rose 39.23% year-on-year, again setting a new historical high for the same period, driven by significantly stronger performance across all subsidiaries. Specifically, Hua Nan Bank's profit increased by NT$2.724 billion (up 16.70%), accounting for 76% of the group's total profit. Meanwhile, non-banking subsidiaries—including securities, property & casualty insurance, asset management, venture capital, and AMC—saw profits soar by 190% year-on-year, increasing their share of total group profit to 24%, up 13 percentage points from the previous year, demonstrating a dual-engine growth model driven by both banking and non-banking operations.

First Financial reported an August profit of NT$2.913 billion, down 7.20% from July. The slowdown was mainly due to reduced one-time dividend income from First Bank and increased provisioning. However, its cumulative profit for the first eight months still reached NT$23.85 billion, up 21.34% year-on-year, with a cumulative earnings per share (EPS) of NT$1.66, reflecting stable performance.

Land Bank Financial Holding (5880-TW) reported a consolidated after-tax net profit of NT$2.248 billion in August, bringing its cumulative profit for the first eight months to NT$18.325 billion, up 31.92% year-on-year (27.89% in the table), setting another record high for the same period. Key subsidiaries—Land Bank, Land Securities, and Land Life Insurance—all posted record-high cumulative after-tax net profits, collectively driving the group's strong performance.

Specifically, Land Bank's cumulative after-tax net profit through August reached NT$16.207 billion, up NT$1.815 billion (12.61%) year-on-year. Land Securities earned NT$1.599 billion, up NT$1.451 billion from the same period last year, showing significant profit expansion. Land Life Insurance posted a cumulative after-tax net profit of NT$1.21 billion, up NT$980 million, indicating strong profit momentum.

Chang Hwa Bank benefited from strong momentum in both deposit-loan operations and wealth management, with core interest income and net fee income significantly boosting profitability. This drove its cumulative after-tax profit for the first eight months to NT$15.567 billion, up 23.22% year-on-year, with an EPS of NT$1.29.

Taipei Fubon Bank's August profit declined 5.18% from July, primarily due to lower dividend income. However, thanks to steady growth in core net interest income and continued contributions from overseas and OBU operations, overall profitability still showed a significant year-on-year improvement.

Below is a summary table of the 2026 first-eight-month earnings for the 'Four Financials and Two Banks':

| Company | Aug Profit (Billion NT$) | MoM Change | YoY Change | Jan-Aug Profit (Billion NT$) | YoY Change | Cumulative EPS (NT$) | |---|---|---|---|---|---|---| | Mega Financial (2886-TW) | 35.6 | -18.20% | 17.69% | 292.19 | 14.74% | 1.97 | | First Financial (2892-TW) | 29.13 | -7.20% | 7.29% | 238.5 | 21.34% | 1.66 | | Hua Nan Financial (2880-TW) | 33.71 | 2.52% | 50.63% | 240.22 | 39.23% | 1.71 | | Land Bank Financial (5880-TW) | 22.48 | -16.03% | 15.46% | 183.25 | 27.89% | 1.12 | | Chang Hwa Bank (2801-TW) | 20.75 | -4.73% | 29.20% | 155.67 | 23.22% | 1.29 | | Taipei Fubon Bank (2834-TW) | 14.28 | -5.18% | 29.70% | 103.46 | 17.97% | 0.99 | | Total | 155.95 | -9.01% | 23.46% | 1,213.29 | 23.67% |