Taichung Commercial Bank Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 06:42 am EDT
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Taichung Commercial Bank Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was TWD 2,789.96 million compared to TWD 2,726.82 million a year ago. Net income was TWD 1,603.19 million compared to TWD 1,330.25 million a year ago. Basic earnings per share from continuing operations was TWD 0.31 compared to TWD 0.27 a year ago. Diluted earnings per share from continuing operations was TWD 0.31 compared to TWD 0.27 a year ago.
For the six months, net interest income was TWD 5,546.99 million compared to TWD 5,144.44 million a year ago. Net income was TWD 3,076.51 million compared to TWD 2,606.27 million a year ago. Basic earnings per share from continuing operations was TWD 0.59 compared to TWD 0.52 a year ago. Diluted earnings per share from continuing operations was TWD 0.59 compared to TWD 0.52 a year ago.
Taichung Commercial Bank Co Ltd is a Taiwan-based company mainly engaged in the financial business. The deposit business includes check deposits and cash deposits. The corporate financial business includes corporate finance business, participating loan business and international trade financing business. The consumer financial business includes housing loans, consumer loans and automobile loans. The foreign exchange business includes foreign currency deposits and loans. The wealth management business includes investment and wealth management business. The electronic financial business include online banking, mobile banking, online automated teller machine (ATM) and other services. The trust business includes real estate trust and securities trust business. The investment business includes foreign exchange trading, securities trading and long-term equity investment business. The financial commodity marketing business includes financial operation tools and financial consulting services.