Taiwan’s Fubon Financial Holdings reported a record first-half profit for 2026, driven by broad gains across its banking, insurance and securities operations. The group’s net income rose to NT$97.39 billion, while combined net income—including fair-value-through-other-comprehensive-income equity disposal gains—totaled NT$188.46 billion.
Total assets surpassed NT$13.7 trillion, up 15.7% year-over-year, while net worth exceeded NT$1.2 trillion, a 55.3% increase. Return on average equity reached 18.00% on an annualized basis, rising to 34.83% when adjusted to include equity disposal gains. The group’s adjusted book value per share stood at NT$109.3, compared with NT$83.7 on a reported basis.
Fubon Life, the group’s life insurance arm, reported net income of NT$55.63 billion, with combined net income reaching NT$143.29 billion. First-year premiums surged 35.1% to NT$85.0 billion, securing the unit’s position as Taiwan’s second-largest insurer by first-year premiums and total premiums. Foreign exchange reserves totaled NT$153.7 billion, the highest in the industry. The contractual service margin rose 6.4% year-to-date to NT$428.9 billion.
Taipei Fubon Bank posted net income of NT$25.74 billion, a 31.9% year-over-year increase. Net interest income grew 27.3%, while net fee income surged 39.5%, contributing 31.9% of total revenue. Net interest margin expanded by 12 basis points to 1.30%, and the loan-to-deposit spread widened by 26 basis points to 1.48%. Asset quality improved, with the non-performing loan ratio declining to 0.11% and the coverage ratio strengthening to 1,113%. The bank opened branches in Tokyo and Sydney during the period and plans to launch an India branch by year-end.
Fubon Securities reported net income of NT$11.02 billion, up 171.8% year-over-year, as operating revenue more than doubled to NT$19.3 billion. Brokerage and wealth management revenue surged 145.6%, with the unit ranking among the top three in brokerage market share at 7.14% and securities lending at 21.26%. Fubon Insurance posted net income of NT$5.58 billion, with direct written premiums rising 8.2% and the net combined ratio improving to 86.9%.
Fubon maintained its sustainability credentials, ranking 158th globally and 17th in financial services on TIME’s World’s Most Sustainable Companies list. Green finance commitments exceeded targets, with NT$3.48 trillion in green finance and 75% participation in green bond underwriting. Digital adoption targets were surpassed across units, including a 77.86% share of e-policies at Fubon Life and 91.22% online credit card processing at Taipei Fubon Bank.
