- CTBC Financial Group reported a 1Q net income of NT$12.96 billion, missing the consensus estimates of NT$13.37 billion.
- EPS for the quarter was NT$0.66, below the estimated NT$0.65.
- Analysts have given the stock a rating of 10 buys, 5 holds, and 0 sells.
A look at CTBC Financial Holding‘s Smart Scores
CTBC Financial Holding Company Ltd. is a Taiwan-based holding company that provides a variety of banking and financial services. According to Smartkarma Smart Scores, CTBC Financial Holding has a long-term outlook of 4 in Value and Dividend and a 3 in Growth, Resilience and Momentum. This indicates that the company is likely to deliver a strong value and dividend performance in the long-term, while its growth, resilience and momentum may have some room for improvement.
CTBC Financial Holding has been steadily expanding its operations, with plans to invest in new technologies, products and services to meet the changing needs of its customers. With its strong financial performance and a focus on long-term growth, CTBC Financial Holding is likely to remain a strong player in the banking and financial services industry for years to come.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars