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First Financial Holding Co., Ltd. (2892.TW)

TWD33.10 -0.45 (-1.34%)
TW TAI Financial Services Banks - Regional
Address 30, Chung King South Road 100
Taipei, TW
CEO Y. C. Fang
IPO 2003-01-03
ISIN TW0002892007

Explore sections of this company profile

Description

First Financial Holding Co., Ltd., a comprehensive financial holding company, delivers its extensive suite of financial solutions through its various subsidiaries. The company serves clients across Taiwan, Asia, the United States, and the wider international market. Its operations are strategically segmented into Banking, Securities, Investment Trust, Insurance, and other business lines. Within its banking arm, the company offers a standard array of deposit products, including checking, demand, time, and savings accounts, alongside negotiable certificates of deposit and inward remittance services. Beyond traditional banking, First Financial Holding manages securities investment trusts and private funds, and operates a life insurance business. Its diverse offerings also encompass financial institution creditor's rights, the acquisition of accounts receivable, and real estate transaction activities. The company is also a key player in the securities market, undertaking brokerage, trading, and underwriting activities for marketable securities. It further facilitates futures introducing brokerage, provides margin and stock loans, and handles securities registration and transfer agency operations. Additionally, it extends its expertise to advisory services, covering venture capital management, investment guidance, and general enterprise operation management. Other specialized financial services include chattel-secured lending, repurchase agreements (repo trades), leasing, and receivable factoring. As of February 28, 2022, First Financial Holding maintains a substantial operational footprint, comprising 188 branches across Taiwan, complemented by 30 overseas branches and sub-branches, and 3 international representative offices. With a rich history dating back to its founding in 1899, the company maintains its headquarters in Taipei, 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
TWD33.10 -0.45 (-1.34%)
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Volume Profile
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Liquidity & share structure
Average Volume
47M
Beta
0.24
Float Shares
12.28B
Free Float %
85.4%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.73% -0.54% -4.85% -7.26% -0.54% -6.63% +5.37% +6.23% +39.77% +109.38% +154.87%
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
vs.
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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
33.10
DCF (Unlevered) 12.52 -62.2%
DCF (Levered) 9.53 -71.2%

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) 0% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 0 0
Hold 2 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
0.06
Distress
Piotroski F-Score
6 / 9
Average
Composite Rating
C-
Overall Score
1 / 5
Low
DCF Score
3 / 5
Medium
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
2 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
  • Revenue growth
    +10.9% Q1'26: -74.6% (vs Q1'25)
  • EPS growth
    +5.7% Q1'26: +11.8% (vs Q1'25)
  • FCF margin
    Q1'26: -51.5% (vs Q1'25)
  • EBIT margin
    Q1'26: +100.0% (vs Q1'25)
  • ROIC
    Q1'26: +5.3% (vs Q1'25)
  • Share dilution
    +2.5% Q1'26: +2.4% (vs Q1'25)
  • Debt / EBITDA
    Q1'26: 13.59× (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 (0.28) × ERP
WACC = 42% × Ke + 58% × Kd (15.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 12.56 Current price: 33.10
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 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Revenue
55.53B
est: 39.90B (+39.2%)
57.66B
est: 43.55B (+32.4%)
64.70B
est: 46.18B (+40.1%)
79.08B
est: 47.83B (+65.4%)
86.23B
est: 61.17B (+41.0%)
75.10B
est: 60.27B (+24.6%)
72.30B
est: 58.30B (+24.0%)
95.36B
est: 65.88B (+44.7%)
137.88B
est: 63.15B (+118.3%)
157.89B
est: 68.32B (+131.1%)
175.15B
est: 69.48B (+152.1%)
72.82B
72.82B – 72.82B
+4.8% YoY
76.54B
76.54B – 76.54B
+5.1% YoY
EBITDA
20.05B
est: 10.82B (+85.3%)
21.31B
est: 11.81B (+80.5%)
19.23B
est: 12.52B (+53.6%)
21.80B
est: 12.97B (+68.1%)
25.10B
est: 16.58B (+51.3%)
21.59B
est: 16.34B (+32.1%)
25.51B
est: 15.81B (+61.4%)
26.73B
est: 17.86B (+49.7%)
30.58B
est: 16.04B (+90.7%)
33.65B
est: 17.35B (+93.9%)
35.30B
est: 17.64B (+100.1%)
18.49B
18.49B – 18.49B
+4.8% YoY
19.44B
19.44B – 19.44B
+5.1% YoY
EBIT
18.98B
est: 9.94B (+91.0%)
20.20B
est: 10.84B (+86.3%)
18.15B
est: 11.50B (+57.8%)
20.70B
est: 11.91B (+73.8%)
23.31B
est: 15.23B (+53.0%)
19.62B
est: 15.01B (+30.7%)
23.43B
est: 14.52B (+61.4%)
24.49B
est: 16.40B (+49.3%)
28.26B
est: 14.84B (+90.5%)
31.24B
est: 16.05B (+94.6%)
33.47B
est: 16.32B (+105.0%)
17.11B
17.11B – 17.11B
+4.8% YoY
17.98B
17.98B – 17.98B
+5.1% YoY
Net Income
16.01B
est: 16.60B (-3.6%)
17.36B
est: 16.70B (+4.0%)
15.48B
est: 14.97B (+3.5%)
17.33B
est: 17.69B (-2.0%)
19.37B
est: 19.05B (+1.7%)
16.81B
est: 16.99B (-1.1%)
19.74B
est: 19.90B (-0.8%)
20.60B
est: 20.91B (-1.5%)
22.46B
est: 23.61B (-4.9%)
25.36B
est: 25.27B (+0.4%)
26.93B
est: 27.40B (-1.7%)
28.90B
28.90B – 28.90B
+5.5% YoY
31.06B
31.06B – 31.06B
+7.5% YoY
SGA
6.51B
est: 3.15B (+106.3%)
6.38B
est: 3.44B (+85.4%)
6.51B
est: 3.65B (+78.2%)
6.93B
est: 3.78B (+83.2%)
6.56B
est: 4.84B (+35.6%)
6.63B
est: 4.77B (+39.1%)
6.86B
est: 4.61B (+48.9%)
7.72B
est: 5.21B (+48.3%)
9.33B
est: 5.36B (+74.1%)
10.02B
est: 5.80B (+72.7%)
20.56B
est: 5.90B (+248.6%)
6.18B
6.18B – 6.18B
+4.8% YoY
6.50B
6.50B – 6.50B
+5.1% YoY
EPS
1.26
est: 1.18 (+6.5%)
1.24
est: 1.19 (+4.2%)
1.10
est: 1.07 (+3.1%)
1.23
est: 1.26 (-2.5%)
1.38
est: 1.36 (+1.6%)
1.17
est: 1.21 (-3.4%)
1.37
est: 1.42 (-3.4%)
1.43
est: 1.49 (-4.1%)
1.56
est: 1.64 (-5.0%)
1.77
est: 1.76 (+0.7%)
1.87
est: 1.91 (-1.9%)
2.01
2.01 – 2.01
+5.5% YoY
2.16
2.16 – 2.16
+7.5% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-05-28 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-05-27 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-05-26 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-05-25 B- 2/5 3/5 3/5 3/5 1/5 2/5 2/5
2026-05-22 B- 2/5 3/5 3/5 3/5 1/5 2/5 2/5
2026-05-21 B- 2/5 3/5 3/5 3/5 1/5 2/5 2/5
2026-05-20 B- 2/5 3/5 3/5 3/5 1/5 2/5 2/5
2026-05-19 B- 2/5 3/5 3/5 3/5 1/5 2/5 2/5
2026-05-18 B- 2/5 3/5 3/5 3/5 1/5 2/5 2/5
2026-05-15 B- 2/5 3/5 3/5 3/5 1/5 2/5 2/5
2026-05-14 B- 2/5 3/5 3/5 3/5 1/5 2/5 2/5
2026-05-13 B- 2/5 3/5 3/5 3/5 1/5 2/5 2/5
2026-05-12 B- 2/5 3/5 3/5 3/5 1/5 2/5 2/5
2026-05-11 B- 2/5 3/5 3/5 3/5 1/5 2/5 2/5
2026-05-08 B- 2/5 3/5 3/5 3/5 1/5 2/5 2/5
2026-05-07 B- 2/5 3/5 3/5 3/5 1/5 2/5 2/5
2026-05-06 B- 2/5 3/5 3/5 3/5 1/5 2/5 2/5
2026-05-05 B- 2/5 3/5 3/5 3/5 1/5 2/5 2/5
2026-05-04 B- 2/5 3/5 3/5 3/5 1/5 2/5 2/5
2026-04-30 B- 2/5 3/5 3/5 3/5 1/5 2/5 2/5
2026-04-29 B- 2/5 3/5 3/5 3/5 1/5 2/5 2/5
2026-04-28 B- 2/5 3/5 3/5 3/5 1/5 2/5 2/5
2026-04-27 B- 2/5 3/5 3/5 3/5 1/5 2/5 2/5
2026-04-24 B- 2/5 3/5 3/5 3/5 1/5 2/5 2/5
2026-04-23 B- 3/5 3/5 3/5 4/5 1/5 2/5 2/5
2026-04-22 B- 3/5 3/5 3/5 4/5 1/5 2/5 2/5
2026-04-21 B- 3/5 3/5 3/5 4/5 1/5 2/5 2/5
2026-04-20 B- 3/5 3/5 3/5 4/5 1/5 2/5 2/5
2026-04-17 B- 3/5 3/5 3/5 4/5 1/5 2/5 2/5
2026-04-16 B- 3/5 3/5 3/5 4/5 1/5 2/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-77.28B
OE per share TTM
-5.56
Owner's Yield
-19.47%
Maintenance CapEx ratio
0.10%
Maint CapEx / Avg PPE
26.4%

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 178 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Xtrackers MSCI Emerging Markets Climate Selection ETF EMCS 1.15% 11.76M 0.15%
2 iShares Inclusion and Diversity UCITS ETF OPEN.L 0.92% 772.9K 0.25%
3 iShares Edge MSCI EM Minimum Volatility UCITS ETF EMMV.L 0.89% 4.33M 0.40%
4 iShares MSCI Emerging Markets Min Vol Factor ETF EEMV 0.89% 31.64M 0.25%
5 iShares MSCI Min Vol Emerging Markets Index ETF XMM.TO 0.88% 748.4K 0.42%
6 FlexShares Emerging Markets Quality Low Volatility Index Fund QLVE 0.77% 128.6K 0.19%
7 iShares MSCI Taiwan ETF EWT 0.67% 71.73M 0.59%
8 BMO Low Volatility Emerging Markets Equity ETF ZLE.TO 0.62% 441.1K 0.51%
9 Franklin FTSE Taiwan ETF FLTW 0.56% 16.82M 0.19%
10 iShares MSCI Taiwan UCITS ETF IDTW.L 0.56% 8.65M 0.74%

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
3.22M
Shares Outstanding
14.38B

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
C. Wu Head of Business Development Department female
Chih-Ping Wang Acting Head & Deputy Head of Information Technology Division male
H.C Lin Chief Auditor & Head of Auditing Department male
Hsing-Hui Lin Chief Internal Auditor of FSI
Huiling Su Deputy Head of Administration Mgmt. Division and Head of Finance & Accounting female
Iris Hsu Executive Vice President & Chief Compliance Officer
Karen Hsu Acting Head & Deputy Head of Compliance Division female
Patty Tsai Head of Risk Management Department female
Pei-Wen Liu Executive Vice President & Chief Cyber Security Officer male
Qi Ping Hou Managing Director
Shuei-Lien Wang Acting Spokesperson & Head of Administration Management Department female
Su-Ling Lee Executive Vice President & Head of Strategy Planning Department female
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