Earnings Alerts

Cathay Financial Holding Co (2882) Earnings: FY Net Income Falls Short of Estimates at NT$111.19 Billion

By January 10, 2025 No Comments
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  • Cathay Financial reported a net income of NT$111.19 billion for the fiscal year.
  • The reported net income fell short of the estimated NT$115 billion.
  • Earnings Per Share (EPS) for the period was NT$7.28.
  • Analyst recommendations include 12 buys, 3 holds, and no sells.

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A look at Cathay Financial Holding Co Smart Scores

FactorScoreMagnitude
Value5
Dividend3
Growth3
Resilience5
Momentum4
OVERALL SMART SCORE4.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Cathay Financial Holding Co is positioned for a positive long-term outlook. With a top score of 5 in the Value category, the company is considered to be fundamentally sound, indicating strong potential for growth relative to its current market price. Additionally, scoring a 5 in Resilience reflects the company’s ability to weather market fluctuations, showcasing stability in uncertain economic conditions.

While the Dividend and Growth scores are moderate at 3, indicating an average performance in these areas, the overall momentum of 4 suggests that Cathay Financial Holding Co has a solid footing for future growth and expansion in the financial services sector. With a diversified portfolio offering life insurance, healthcare, banking, and brokerage services, Cathay Financial Holding Co is well-positioned to navigate various market conditions and maintain its strategic position in the industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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