Mega Financial Holding Co., Ltd. · TWSE:2886
Mega Financial — 2Q 2025 Earnings Presentation
28 slides from Mega Financial's earnings presentation, Aug 29, 2025
Slide 1: 2Q/2025 Analyst Meeting
2Q/2025 Analyst Meeting 2025/8/29 1
Slide 2: Disclaimer
DISCLAIMER • This document is provided by Mega Financial Holding Co., Ltd. (the "Company"). Except for the numbers and information included in the Company's financial statements, the information contained in this document has not been unaudited or reviewed by any accountant or independent expert. Th
Slide 3: Table of Contents
Ta b l e o f C o n t e n t s Overview and Strategic 1 Focus 2 Financial Performance 3 Operating Performance 4 Appendix 3
Slide 4: Mega FHC 1H/25 Reports NT$18.19 Billion Net Profit, Bills & CKI Subsidiaries Are the Growth Drivers
Mega FHC 1H/25 Reports NT$18.19 Billion Net Profit, Bills & CKI Subsidiaries Are the Growth Drivers Mega FHC & Subs. 1H/25 earning trend Mega FHC Jan.-July/25 earning trend Unit: NT$MN 1H/2024 1H/2025* 24,588 25,000 20,397 24,500 17,792 24,000 18,191 23,500 22,440 23,000 15,369 22,500 22,000 21,500
Slide 5: Mega Bank 1H/25 NII Up 1% YoY, Net Fee Grows 1% YoY
Mega Bank 1H/25 NII Up 1% YoY, Net Fee Grows 1% YoY (Excluding 2024 one-time HSR fee) Mega FHC 1H/25 net revenue breakdown* 1H/2024 1H/2025* Unit: NT$MN P&C Others 18,640 18,974 4% 2% 15,118 Trading 11,485 Gain NII 7,688 6,514 29% 48% 1,710 612 837 1,523 Fee Net Interest Income Net Fee Income Tradin
Slide 6: Table of Contents
Ta b l e o f C o n t e n t s Overview and Strategic 1 Focus 2 Financial Performance 3 Operating Performance 4 Appendix 6
Slide 7: 1H/25 ROE Recovers Above 10%; EPS Reaches NT$1.23
1H/25 ROE Recovers Above 10%; EPS Reaches NT$1.23 Major earning matrixes 10.46% 9.93% 10.02% 7.86% ROE 5.84% ROA 0.79% 0.77% 0.79% 0.64% 0.45% To prevent over-inflated capital 2.37 2.35 base as well as to maintain sufficient capital for future 1.89 growth, our dividend policy is: 0.30 Maintain hig
Slide 8: Strong Capital Position
Strong Capital Position Mega FHC Mega Bank CAR/RBC Moody’s: A2 CAR Requirement : 100% Moody’s: A1 / S&P: A+ D-SIBs requires: CAR: 14.5% Tier1: 12.5% Tier 1 ratio CET1: 11.0% 133.84% 16.97% 15.32% 14.81% 14.31% Common equity ratio BIS 122.86% 122.68% 14.69% 116.61% 120.05% 12.65% Credit rating 119.04
Slide 9: Table of Contents
Ta b l e o f C o n t e n t s Overview and Strategic 1 Focus 2 Financial Performance 3 Operating Performance 4 Appendix 9
Slide 10: 2Q/25 Overall Loan Growth Momentum Remains Robust
2Q/25 Overall Loan Growth Momentum Remains Robust Mega Bank quarterly loan balance* Mega Bank 2Q/25 loan Unit: NT$BN Growth % breakdown by customers Total YoY: 5.2% 2,216 2,301 2,293 2,201 (Average QoQ: -0.3% Total: 2,179 Balance) 2,312 2,346 2,298 Total YoY: 2.7% Total: 2,237 2,264 (Ending QoQ: -2.
Slide 11: 2Q/25 Funding Needs Evenly Distributed Across Sectors
2Q/25 Funding Needs Evenly Distributed Across Sectors Mega Bank loan balance trend by industry* 2Q/25 loan breakdown by industry* Unit: NT$BN 2Q/25 1Q/25 2Q/24 Growth YoY: 3.5% 618 QoQ: -2.7% Manufacturing 635 Others 597 Manufacturing YoY: 10.3% 9% 118 QoQ: -0.8% 27% Transport & Telecom 119 107 Cons
Slide 12: 2Q/25 Strong Domestic Loan Growth: +7.2% YoY, +1.2% QoQ
2Q/25 Strong Domestic Loan Growth: +7.2% YoY, +1.2% QoQ Mega Bank 2Q/25 loan breakdown by regions * Unit: NT$BN Growth 343 299 Overseas YoY: -11.5% 338 344 339 QoQ: -12.8% 188 161 Overseas 175 184 OBU Growth 184 YoY: -12.5% OBU 13% QoQ: -14.4% 7% 1,815 1,837 Growth 1,713 1,743 1,760 YoY: 7.2% Domest
Slide 13: 2Q/25 NTD Loan Growth Momentum Continues: 8.1% YoY, 1.4% QoQ
2Q/25 NTD Loan Growth Momentum Continues: 8.1% YoY, 1.4% QoQ Mega Bank 2Q/25 loan breakdown by currency: NTD vs. foreign currency loan * Unit: NT$BN 583 541 Growth FCY Loan 582 580 579 FCY loan** YoY: -7.0% 24% QoQ: -7.2% NTD 1,613 1,664 1,683 1,719 1,743 NTD loan Growth Loan YoY: 8.1% 76% QoQ: 1.4%
Slide 14: 2Q25 NTD Demand Deposits Grow +4% YoY; Demand Deposit Ratio Reaches 47.97%
2Q25 NTD Demand Deposits Grow +4% YoY; Demand Deposit Ratio Reaches 47.97% at 5Q High Mega Bank deposit balance * Mega Bank 2Q/25 deposit breakdown Unit: NT$BN Growth FCY demand YoY: -2.9% FCY time 3,081 13% Total: 3,028 3,059 3,034 QoQ: -4.6% 24% 2,939 FX time deposit 774 773 771 800 695 NTD time N
Slide 15: 2Q/25 Total LDR Climbs to 8-Quarter High of 76.92%
2Q/25 Total LDR Climbs to 8-Quarter High of 76.92% Mega Bank’s total LDR* Mega Bank’s USD LDR** 40.35% Mega LDR Industry LDR*** 76.92% 39.80% 39.65% 74.79% 74.53% 72.49% 39.45% 70.58% 72.89% 39.34% 72.46% 39.24% 71.32% 39.27% 39.09% 72.12% 71.50% 71.58% 71.02% 70.56% 70.76% 70.56% 70.04% 3Q/23 4Q/23
Slide 16: Spread Continues to Consolidate
Spread Continues to Consolidate Mega Bank total loan interest spread Mega Bank overseas loan interest spread* Spread Yield Cost Spread Yield Cost 6.26% 6.20% 6.08% 5.72% 5.43% 5.25% 3.30% 3.36% 3.31% 3.23% 3.15% 2.95% 3.13% 3.04% 2.84% 2.72% 2.61% 2.59% 3.12% 3.26% 3.24% 3.01% 2.81% 2.66% 1.95% 1.93
Slide 17: Overall NIM Steady at 0.95%; NTD NIM Up 6bp QoQ to 1.19%
Overall NIM Steady at 0.95%; NTD NIM Up 6bp QoQ to 1.19% Mega Bank quarter NIM and average interest earning assets* Unit: NT$BN / % Overall NTD FCY NIM AIEA USD RMB Other FCY NIM AIEA * NIM = annualized net interest income / average interest earning assets (AIEA) of that quarter; internal numbers; U
Slide 18: 2Q/25 Wealth Management Gross Fee Income Reaches NT$1.103B
2Q/25 Wealth Management Gross Fee Income Reaches NT$1.103B Mega Bank wealth management gross fee breakdown* 1,400 1,326 Unit: NT$MN 16 Total: 1,235 1,179 14 1,200 221 1,087 5 1,103 188 3 202 1,036 21 11 Other income**** 1,000 193 236 210 200 212 200 Custodian fee*** 800 123 222 150 173 141 221 91 Ma
Slide 19: 1H/25 WM Net Fee Revenue Grows +3% YoY
1H/25 WM Net Fee Revenue Grows +3% YoY Mega Bank net fee breakdown HSR One-Time Unit: NT$MN 1H/24 1H/25 Fee 1.04 bn 1900 1,950 2,272 1,040 1,183 531 516 539 591 1232 Wealth Mgmt* FX Credit fee** Others Mega Bank net fee trend*** Mega Bank 1H/25 net fee breakdown HSR One-Time Unit: NT$MN Others 14% F
Slide 20: Asset Quality Uplift: NPL Down NT$447M QoQ, Coverage Ratio Soars
Asset Quality Uplift: NPL Down NT$447M QoQ, Coverage Ratio Soars 39% to 648.76% QoQ Mega Bank NPL balance & NPL ratio Mega Bank loan loss reserved and coverage ratio 701.91% 538.73% 522.49% 586.78% 609.82% 648.76% 0.30% 0.31% 0.28% 0.27% 0.26% 0.24% Unit: NT$MN Unit: NT$MN 39,132 38,683 6,867 38,248
Slide 21: Bad Debts Expenses Stay Low; New NPL Formation Down Significantly
New NPL Formation Down Significantly Bad Debts Expenses Stay Low Mega Bank NPL ratio by customer * Mega Bank new NPL as % of total loan * New NPL Large corp. NPL% 0.33% 0.41% 0.29% 0.30% 0.29% 0.32% 0.21% 0.12% 0.07% 0.08% 0.03% 0.04% 1Q/24 2Q/24 3Q/24 4Q/24 1Q/25 2Q/25 1Q/24 2Q/24 3Q/24 4Q/24 1Q/25
Slide 22: Table of Contents
Ta b l e o f C o n t e n t s Overview and Strategic 1 Focus 2 Financial Performance 3 Operating Performance 4 Appendix 22
Slide 23: 1H/25 Mega FHC consolidated P&L statement
1H/25 Mega FHC consolidated P&L statement Unit: NT$MN; EPS: NT$ 1H/2025* 1H/2024 YoY Interest income 62,396,856,126 64,605,866,067 -3% Less: interest expense 43,422,900,236 45,965,920,688 -6% Net interest revenue 18,973,955,890 18,639,945,379 2% Net revenue other than interest 20,546,308,086 24,940,
Slide 24: 1H/25 Mega FHC consolidated balance sheet
1H/25 Mega FHC consolidated balance sheet Unit: NT$MN 1H/2025* 1H/2024 YoY Cash and cash equivalents, net 101,650,102,865 89,722,188,956 13% Due from central bank and interbank assets 624,350,477,204 611,503,799,058 2% Financial assets at fair value thru P&L 261,696,223,010 228,377,716,317 15% Finan
Slide 25: 1H/25 Mega Bank consolidated P&L statement
1H/25 Mega Bank consolidated P&L statement Unit: NT$MN; EPS: NT$ 1H/2025* 1H/2024 YoY Interest income 59,661,209,149 62,096,041,815 -4% Less: interest expense 39,995,782,447 42,686,005,319 -6% Net interest revenue 19,665,426,702 19,410,036,496 1% Net revenue other than interest 13,737,920,856 16,957
Slide 26: 1H/25 Mega Bank consolidated balance sheet
1H/25 Mega Bank consolidated balance sheet Unit: NT$MN 1H/2025* 1H/2024 YoY Cash and cash equivalents, net 96,277,715,242 81,881,184,082 18% Due from central bank and interbank assets 628,350,477,204 611,503,799,058 3% Financial assets at fair value thru P&L 59,953,168,886 51,128,849,476 17% Financi
Slide 27: Mega Bank's Extensive Overseas Franchise
39 offices in 18 countries/areas; 22 offices in“New South Bond Area” M e g a B a n k ’s E x t e n s i v e O v e r s e a s F r a n c h i s e Toronto London Amsterdam Vancouver China: New York Paris •Suzhou branch Chicago •Wujiang sub-branch Tokyo Silicon Valley •Kunshan sub-branch •Ningbo branch Los
Slide 28: Thank you~ Q&A
ty WK gigi = ay Mega Holdings Thank you~
Mega Financial Holding — 2Q 2025 Earnings Presentation on 6ix