Earnings Alerts

Surpassing Estimates: Cathay Financial Holding Co (2882) Earnings Report Reveals 1Q Net Income Rise

  • Cathay Financial’s net income for the first quarter stood at NT$38.11 billion
  • This number far exceeded the initial estimate of NT$26.87 billion
  • The earnings per share (EPS) for this time period was NT$2.60
  • The financial institution’s performance indicated a positive market response, with 10 buys, 4 holds, and 0 sells

A look at Cathay Financial Holding Co Smart Scores

FactorScoreMagnitude
Value5
Dividend2
Growth3
Resilience5
Momentum5
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

Analysts at Smartkarma have given Cathay Financial Holding Co an optimistic long-term outlook based on their Smart Scores. With top marks in value, resilience, and momentum, the company is viewed favorably for its strong fundamentals and ability to withstand market fluctuations. Additionally, its growth prospects are rated moderately positive, indicating potential for expansion. However, its dividend score is lower, suggesting room for improvement in rewarding shareholders. Cathay Financial Holding Co‘s diverse portfolio, including insurance, banking, and brokerage services, positions it well for long-term success in the financial sector.


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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