First Financial Holding

20213Q Earnings Result

November 30, 2021, Taipei

Disclaimer

This presentation is provided by First Financial Holding Co., Ltd. ("FFHC"). The information

contained within is not reviewed or reviewed by any accountant or any independent third party. Users should read this material in conjunction with all other public financial and operational information filed to the competent authorities by FFHC. While we endeavor to provide accurate, complete and consistent information herein, FFHC makes no guarantee or warranties as to the accuracy or correctness of all the material contained. After this presentation is released to the public, we undertake no obligation to update any relevant data to reflect any change hereafter.

Users should also notice that this presentation may contain forward-looking statements. Statements that are not historical facts, including statements relating to the implementation of strategic initiatives, future business development and economic performance are forward-looking statements. By their nature, forward-looking statements involve uncertainties, risks, assumptions and other factors that could cause actual developments and results to differ materially from our statement in this presentation. These factors include, but not limited to, regulatory developments, competitive conditions, technological developments, general economic conditions and management changes.

The information, statements or opinions in this presentation do not constitute a public offer under any applicable legislation or an offer to sell or solicitation of an offer to buy any securities or financial instruments or any advice or recommendation respect to such securities or other financial instruments. First Group and all its affiliates representatives, no matter for their negligence or any other reasons, should not be liable for any loss or damages arising from the use of or interpretation by others of information contained within this presentation or any matter related to this document.

2

Contents

  • At a Glance
  • Financial Highlight
  • Operating Results
  • Appendix

3

At a Glance

Bottomline Improved on Robust Core Earnings

  • A Smooth Pace in 3Q21 as Market-Driven Income Varied:

FFHC delivered 3Q21 earnings totaled NT$16,521 mn(+23.5%,YoY) thanks to

group's diversified revenue streams, which helped boost bottom-line to double-

digit growth for 3Q21.

  • FB's Loan book grew by +7.9% (YoY), demand from corporates continued whereas mortgage softened in 3Q21:

Large Corp. and SME both booked double-digit growth, similar to post-2008 financial crisis, while mortgage slowed down reflecting renewed capital gain tax on property in 2H21.

  • Non-Banksubsidiaries maintained at 12% profit contribution till 3Q21:

Broker & Life, though softened in 3Q21, representing 12% profit contribution

of FFHC's profits.

  • Macro Moves Toward Another Normalized-Rate Cycle:
    Inflation fear arose in the resurgence of oilprice, tapering bond purchase or rate-hiking is expected in the coming year, bringing global macro. into another cycle.

5

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

First Financial Holding Co. Ltd. published this content on 30 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 November 2021 08:40:06 UTC.