- CTBC Financial’s net income for the 1Q exceeded estimates, totalling NT$20.92 billion compared to the original estimate of NT$17.32 billion.
- The Earnings Per Share (EPS) at CTBC Financial also beat estimates. The actual EPS was NT$1.07 whereas it was estimated to be at NT$0.85.
- The performance of CTBC Financial has been positively received by the market, with 13 buys, and 1 hold reported. No sells were recorded.
A look at CTBC Financial Holding Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
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
CTBC Financial Holding Company Ltd. is well-positioned for long-term success based on its Smartkarma Smart Scores. With a strong momentum score of 5, the company shows promising growth potential and positive market sentiment. This indicates a favorable outlook for CTBC Financial Holding‘s future performance.
Additionally, the company scores highly in value and growth, with scores of 4 for both factors. This suggests that CTBC Financial Holding is attractively priced relative to its intrinsic value and has the potential for sustainable growth over the long term. Combined with a resilience score of 3, indicating a moderate ability to weather economic uncertainties, CTBC Financial Holding‘s overall performance outlook appears positive.
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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