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Taichung Commercial Bank Co., Ltd. (2812.TW)

TWD20.30 -0.20 (-0.98%)
TW TAI Financial Services Banks - Regional
Address No. 87, Min Chuan Road 40341
Taichung, TW
CEO Yi-Yuan Tung
IPO 2000-01-04
ISIN TW0002812005

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Description

Taichung Commercial Bank Co., Ltd. delivers a diverse range of banking and financial services across Taiwan. The institution offers a variety of deposit products, including savings, time, and foreign currency demand accounts, alongside services for cash, travel checks, and remittances. For personal clients, it extends mortgage loans to support home purchases, renovations, educational expenses, business ventures, investments, and general financial management. Further individual services encompass financial advice, asset allocation, trust planning, and specialized support for family and retirement needs, complemented by credit cards and modern conveniences like online and mobile banking, coupled with mobile payment options. Its corporate finance division supports businesses with loans, letters of credit, collection services, factoring, forfaiting, robust account management, accounts receivable financing, hedging strategies, financial instruments, and expert consultation. By the end of 2021, the bank's operational footprint included 81 domestic branches, an international presence through a Labuan branch in Malaysia, and an offshore banking unit. Originally established in 1952 as Taichung Small and Medium Business Bank Company Limited, the institution adopted its current name, Taichung Commercial Bank Co., Ltd., in December 1998, and is headquartered in Taichung, Taiwan.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
TWD20.30 -0.20 (-0.98%)
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Volume Profile
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Liquidity & share structure
Average Volume
17M
Beta
0.10
Float Shares
3.64B
Free Float %
60.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.76% -1.01% -7.11% -5.54% -8.84% -5.77% +3.87% +59.09% +123.74% +235.62% +248.75%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
20.30
DCF (Unlevered) 21.23 +4.6%
DCF (Levered) 35.05 +72.6%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
0.17
Distress
Piotroski F-Score
4 / 9
Average
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
3 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
2 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
  • Revenue growth
    -66.3% Q1'26: -66.4% (vs Q1'25)
  • EPS growth
    +2.0% Q1'26: +2.6% (vs Q1'25)
  • FCF margin
    Q1'26: +59.2% (vs Q1'25)
  • EBIT margin
    Q1'26: +100.0% (vs Q1'25)
  • ROIC
    Q1'26: +10.0% (vs Q1'25)
  • Share dilution
    +6.8% Q1'26: +9.8% (vs Q1'25)
  • Debt / EBITDA
    Q1'26: 5.55× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.15) × ERP
WACC = 65% × Ke + 36% × Kd (4.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 21.23 Current price: 20.30
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2018
actual
Revenue
16.34B
est: 16.03B (+1.9%)
EBITDA
5.03B
est: 5.44B (-7.5%)
EBIT
4.76B
est: 5.07B (-6.1%)
Net Income
4.01B
SGA
2.46B
est: 1.67B (+47.0%)
EPS
0.93
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-08 B 3/5 4/5 3/5 3/5 2/5 2/5 2/5
2026-05-07 B 3/5 4/5 3/5 3/5 2/5 2/5 2/5
2026-05-06 B 3/5 4/5 3/5 3/5 2/5 2/5 2/5
2026-05-05 B 3/5 4/5 3/5 3/5 2/5 2/5 2/5
2026-05-04 B 3/5 4/5 3/5 3/5 2/5 2/5 2/5
2026-04-30 B 3/5 4/5 3/5 3/5 2/5 2/5 2/5
2026-04-29 B 3/5 4/5 3/5 4/5 2/5 2/5 2/5
2026-04-28 B 3/5 4/5 3/5 4/5 2/5 2/5 2/5
2026-04-27 B 3/5 4/5 3/5 4/5 2/5 2/5 2/5
2026-04-24 B 3/5 4/5 3/5 4/5 2/5 2/5 2/5
2026-04-23 B+ 3/5 5/5 3/5 4/5 2/5 2/5 2/5
2026-04-22 B+ 3/5 5/5 3/5 4/5 2/5 2/5 2/5
2026-04-21 B+ 3/5 5/5 3/5 4/5 2/5 3/5 2/5
2026-04-20 B+ 3/5 5/5 3/5 4/5 2/5 3/5 2/5
2026-04-17 A- 4/5 5/5 4/5 4/5 2/5 3/5 3/5
2026-04-16 A- 4/5 5/5 4/5 4/5 2/5 3/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-3.70B
OE per share TTM
-0.50
Owner's Yield
-3.09%
Maintenance CapEx ratio
206.55%
Maint CapEx / Avg PPE
84.5%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 67 ETFs in our universe

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
6.01M
Shares Outstanding
6.02B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Kuei-Fong Wang Managing Director 3M male
Chin-Ming Liao Deputy Executive Vice President of Accounting Department & Accounting Supervisor male
Chun-Sheng Lin Executive Vice President & Chief of Information security Officer male
Chun-Yin Wang Executive Vice President male
Erhchia Yuan Clerk female
Kai-Yu Lin Senior EVice President, Deputy EVP, Office of the Board of Directors & Senior Manager of Corporate Governance male
Kuang-Chung Hsiao Chief Auditor male
Yi-Pin Lin Deputy Executive Vice President of Legal & Compliance Department male
Yi-Yuan Tung President male
Chien-Hung Lin Chief Compliance Officer of Head Institution male
Yu-Hsien Shen Deputy Executive Vice President of Corporate Finance Department male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits