O-bank Co. Ltd. · TWSE:2897
O-bank — H1 2026 Earnings Presentation
46 slides from O-bank's earnings presentation, Aug 27, 2026
Slide 1: O-Bank 1H 2026 Business Review
Security Code: 2897.TW O-Bank 1H 2026 Business Review Aug 27, 2026
Slide 2: Disclaimer
Disclaimer This document is provided by O-Bank Co., Ltd. (the "Company"). The Company makes no express or implied representations or warranties as to the accuracy, completeness, or correctness of such information or opinions. This document is provided as of the date herein and will not be updated to
Slide 3: Agenda
01 1H2026 Operation Highlights 02 1H2026 Financial Results Agenda 03 Key Strategic Focuses 04 Appendix 2
Slide 4: 1H2026 Operation Highlights
01 1H2026 Operation Highlights 3
Slide 5: 1H2026 Operation Highlights: Operating Performance
01 1H2026 Operation Highlights • In 1H2026, O-Bank further optimized its deposit structure, leading to a sustained expansion in NII. Combined with dividend income, the overall net profit before tax grew by 23.5% YoY. 1. Operating Performance • Equity investment also saw a boost, driven by the profit
Slide 6: 1H2026 Operation Highlights: Main Subsidiaries
01 1H2026 Operation Highlights • China Bills Finance (CBF): Saw an increase in NII, driven by bond and bill investments along with lower funding costs. Coupled with growth in underwriting fee income and gains on the disposal of bonds and bills, net profit after tax grew 48.5% YoY. 1. Operating Perfo
Slide 7: 1H2026 Operation Highlights: Capital Adequacy & Asset Quality
01 1H2026 Operation Highlights 2. Capital Adequacy & Capital Adequacy Maintained Stable Asset Quality • As of the end of June 2026, O-Bank’s BIS Ratio was 14.06%, both Tier1 Capital Ratio and CET1 Ratio were 12.53%. • As of the end of June 2026, O-Bank’s NPL ratio was 0.49% and loan loss coverage ra
Slide 8: Credit Ratings and Sustainability Honors
01 Credit Ratings and Sustainability Honors Credit Ratings Sustainability Honors MorningStar Sustainalytics' Selected as a 2026 Global ESG Leader No.1 among listed companies & ESG Risk Ratings No.1 among financial institutions in Taiwan. Fitch Ratings’ credit assessment : No.1 among listed companies
Slide 9: 1H2026 Financial Results
02 1H2026 Financial Results 02-3 Individual Financial Results: 02-1 Consolidated Financial Results China Bills Finance Corp. 02-2 Standalone Financial Results: 02-4 Individual Financial Results: O-Bank EverTrust Bank 8
Slide 10: O-Bank's Main Subsidiaries and Associated Companies
O-Bank’s Main Subsidiaries and 02 Associated Companies ：O-Bank and its subsidiaries O-Bank Co., Ltd. ：Associated companies whose profits are recognized using equity method ：O-Bank and its main profit subsidiaries 100% 28.37% 100% 41.84% 20% Venture Capital Business Infinite Beijing Sunshine IBT Hold
Slide 11: 02-1 Consolidated Financial Results
02-1 Consolidated Financial Results 10
Slide 12: 02-1 Consolidated Financial Results
02-1 Consolidated Financial Results Total Assets Net Profit NT$ billion NT$ million Total Assets Net Profit Total Assets to Parent Company Net Profit Attributable to Parent Bank Total Assets Growth Rate 8.6% 9.0% 5,808 5.4% 2.7% YoY +54.2% 0.4% 5,034 3,893 YoY +59.0% 739 683 701 3,426 627 3,149 577
Slide 13: Net Profit Compositions (by Business Unit)
02-1 Consolidated Financial Results Net Profit Compositions NT$ million (by Business Unit) 178 83 2,669 1,436 1H2026 1,008 (32) (3) O-Bank CBF IBT Holdings Venture Capital Infinite Finance(Note Sunshine Consolidated Net (holding EverTrust Business 2) Consumer Finance Profit Bank)(Note 1) (Inc. IBT V
Slide 14: Net Profit Compositions
02-1 Consolidated Financial Results Net Profit NT$ million Compositions 1H2026 6,454 3,237 2,669 (2,769 ) (448 ) (568 ) Net Revenue Operating Expense Provision Profit before Tax Corporate Income Tax Net Profit YoY +30.4% +12.3% +94.9% +43.5% +8.4% +54.2% 1H2025 4,951 2,255 1,731 ( 2,466 ) ( 230 ) (
Slide 15: Net Revenue Breakdown
02-1 Consolidated Financial Results 1. Net interest income grew by 57.9% YoY, driven by bond and bill investments along with Net Revenue lower funding costs for CBF and the improvement of O-Bank’s deposit structure. Breakdown 2. Other net income saw a growth of 35.7% YoY, primarily due to higher div
Slide 16: 02-2 Standalone Financial Results - O-Bank
02-2 Standalone Financial Results -O-Bank- 15
Slide 17: Standalone Financial Results: O-Bank
02-2 Standalone Financial Results: O-Bank O-Bank and Equity investment boosted pre-tax profit by 48.2% and net profit by 59% YoY in 1H2026. Net Profit before Tax Net Profit NT$ million NT$ million One-off Gain Net Profit 5,242 One-off Gain Share of profit of subsidiaries and associates accounted for
Slide 18: Net Profit Compositions (by Business Unit)
02-2 Standalone Financial Results: O-Bank Net Profit Compositions (by Business Unit) NT$ million 163 83 1,626 407 1H2026 1,008 (32) (3) O-Bank CBF IBT Holdings Venture Capital Infinite Finance(Note Sunshine Consumer Standalone Net Profit (holding EverTrust Business 2) Finance Bank)(Note 1) (Inc. IBT
Slide 19: Net Revenue Breakdown
02-2 Standalone Financial Results: O-Bank 1. Net interest income grew 23.4% YoY due to the improvement of O-Bank’s deposit structure. Net Revenue 2. Net fee income rose 13.6% YoY due to an increase in loan-related fees. Breakdown 3. Share of profit of subsidiaries and associates accounted for using
Slide 20: Net Fee Income Breakdown, ROE & ROA
02-2 Standalone Financial Results: O-Bank Significant YoY growth in ROE and ROA. Net Fee Income Breakdown ROE & ROA NT$ million Other net income ROE 1,055 ROE(excl. one-off gain) Net Wealth management fee 13.6% ROA 98 9.3% income 914 ROA(excl. one-off gain) 97 9.2% 886 Net Retail banking fee income
Slide 21: NIM and Spread
02-2 Standalone Financial Results: O-Bank The NIM continued to improve as a result of a higher retail deposit share and deposit structure optimization, while the spread narrowed due to the plunge in HKD Hibor rates since 2025. NIM Spread NIM Average All Currency Spread TWD Spread NIM with FX Swap Fo
Slide 22: Cost/Income Ratio and EPS
02-2 Standalone Financial Results: O-Bank EPS increased 68.8% YoY, with a significant improvement in the cost-to-income ratio. Cost/Income Ratio NT$ million EPS NT$ Operating Expense Net Revenue EPS Cost Income Ratio Cost Income Ratio(Excl. one-off gain) One-off Gain Net Revenue(excl. one-off gain)
Slide 23: Loan & Deposit Balances
02-2 Standalone Financial Results: O-Bank Loan & Deposit By increasing the retail deposit share to enhance funds utilization Balances efficiency, leading to a steady increase in the LDR over recent years. Deposits Loans Average LDR NTD LDR Foreign Currency LDR 86.9% 77.4% 81.8% 73.2% 73.8% 75.2% 75.
Slide 24: Deposit Breakdown
02-2 Standalone Financial Results: O-Bank Retail and SME's deposit share grew to 42.4% at mid-year. Deposit NT$ billion Composition of NT$ billion Breakdown Depositors FCY Time FCY Demand % of the total deposits Financial Institution Large Corp. SME Retail NTD Time NTD Demand 327 321 315 321 327 302
Slide 25: Loan Breakdown by Product and Industry
02-2 Standalone Financial Results: O-Bank Loan growth continues to expand, gradually managing real estate exposure to implement diversification strategy. Loan Breakdown Loan Breakdown by Product NT $ billion by Industry Large Enterprise SME Mortgages HK Branch Others 11.1% OBU Personal Loan 9.4% 246
Slide 26: Asset Quality
02-2 Standalone Financial Results: O-Bank Asset Quality NT$ million NPL Coverage Ratio(Loan Loss Reserve/NPL) NT$ million Loan Loss Reserve NPL LLR Ratio(Loan Loss Reserve/Total Loans) NPL Ratio 1506.8% 0.54% 1087.0% 0.49% 0.35% 431.5% 241.4% 268.0% 0.12% 0.09% 1.4% 1,273 1.3% 1.3% 1.3% 1,212 1.5% 3
Slide 27: Capital Adequacy Ratio
02-2 Standalone Financial Results: O-Bank Capital Adequacy Maintaining solid capital adequacy. Ratio (CAR) CAR Tier I CET1 14.49% 13.97% 14.05% 14.06% 13.69% 13.06% 12.72% 12.54% 12.53% 12.19% 13.06% 12.53% 12.36% 12.09% 12.11% 2022 2023 2024 2025 1H26 26
Slide 28: EPS and Book Value per Share
02-2 Standalone Financial Results: O-Bank EPS and Book value per share continues to grow. BVPS P/B Ratio EPS/BVPS: NT$ EPS One-off Gain 0.75 0.70 0.66 0.70 0.67 0.63 YoY+7.1% 14.92 14.58 14.05 13.93 13.30 12.45 1.80 1.11 1.00 0.87 0.61 0.54 0.69 0.32 YoY+68.8% 2022 2023 2024 2025 1H25 1H26 27
Slide 29: 02-3 Individual Financial Results: China Bills Finance Corp.
02-3 Individual Financial Results -China Bills Finance Corp.- 28
Slide 30: China Bills Finance: Net Revenue and Net Profit
02-3 Individual Financial Results: China Bills Finance Corp. Benefiting from lower funding costs, underwriting business growth and gains on bond and bill investments, 1H26 net revenue and net profit after tax grew 57% and 48.5% YoY, respectively. Net Revenue NT$ million Net Profit NT$ million Net Pr
Slide 31: China Bills Finance: Assets, ROE, ROA & EPS
02-3 Individual Financial Results: China Bills Finance Corp. Assets ROE, ROA & EPS NT$ billion NT$ ROE ROA EPS Total Assets Outsanding Balances of Guarantee 10.4% Growth Rate of Guarantee Balances 6.8% 7.6% 5.5% 5.5% 13.7% 4.4% 7.1% 4.9% 3.0% 0.5% 0.6% 0.6% 0.7% 0.8% 1.1% -9.2% 1.34 265 273 1.02 1.0
Slide 32: China Bills Finance: Asset Quality and CAR
02-3 Individual Financial Results: China Bills Finance Corp. Maintaining sound asset quality and a stable capital adequacy ratio. NPL &Reserve for Guarantee Liabilities CAR NT $ million Reserve for Guarantee Liabilities CAR (Total Capital) NPL Ratio Tier 1 Capital 1,694 1,587 1,382 1,371 1,401 13.74
Slide 33: 02-4 Individual Financial Results: EverTrust Bank
02-4 Individual Financial Results -EverTrust Bank 32
Slide 34: EverTrust Bank: Net Revenue and Net Profit
02-4 Individual Financial Results: EverTrust Bank Net Revenue Net Profit USD million USD million Net Revenue Net Interest Income Net Profit YoY +6.3% YoY -4.9% 19.8 36.3 36.7 33.1 34.1 35.3 35.9 32.4 32.9 12.5 11.6 17.5 18.6 17.2 18.2 5.9 5.6 4.2 2022 2023 2024 2025 1H25 1H26 2022 2023 2024 2025 1H2
Slide 35: EverTrust Bank: Assets, Loans & Deposits, ROE, ROA & EPS
02-4 Individual Financial Results: EverTrust Bank Assets, Loans & ROE, ROA & EPS Deposits ROE ROA Total Assets 8.7% Gross loan USD million Deposits 5.5% Growth Rate of Loans 5.0% 4.9% 26.7% 4.4% 3.4% 7.6% 1.8% -2.9% 1.9% 2.2% 1.3% 1.3% 1.3% 1.1% 1108 0.5% 946 871 839 842 834 818 849 1.69 USD 653 665
Slide 36: EverTrust Bank: NPL Ratio, Coverage Ratio & CAR
02-4 Individual Financial Results: EverTrust Bank NPL Ratio & Coverage Ratio CAR Coverage Ratio CAR NPL Ratio 5505.0% 31.74% 30.47% 459.0% 130.3% 140.6% 87.4% 29.24% 27.71% 26.63% 4.27% 0.03% 0.84% 0.79% 0.33% 2022 2023 2024 2025 1H26 2022 2023 2024 2025 1H26 35
Slide 37: Key Strategic Focuses
03 Key Strategic Focuses 36
Slide 38: Dig Deep to Deliver: Boutique Digital Bank Strategy
03 “Boutique Digital Bank” Strategy Strengthen overall infrastructure, deepen customer relationships. Improve Asset-Liability Keep Growing Structure Light-Capital Businesses • Continue to increase the • Strengthen low risk-weighted proportion of digital and retail products to improve return on capit
Slide 39: Boutique Digital Bank Strategy: Action Plans
03 “Boutique Digital Bank” Strategy Keep Growing Improve Execute Digital Transformation Light-Capital Businesses Asset-Liability Structure Deepen the application of data and AI in Strengthen low risk-weighted products to Continue to increase the proportion of governance. improve return on capi
Slide 40: Boutique Digital Bank Strategy: Overseas Expansion and Sustainability
03 “Boutique Digital Bank” Strategy Accelerate Overseas Expansion Strengthen Sustainable Accumulating customer relationships and early stage assets in Australia. Development Competitiveness Accelerate the upgrade of the Sydney Representative Achieve sustainable finance with better Office to a
Slide 41: Investment Management & Development Strategy
03 Investment Management & Development Strategy Beijing Sunshine Consumer Finance (Investment under Equity Method) • Optimize the business structure in compliance with Beijing Sunshine regulatory standards. Consumer Finance • Strengthen risk control capabilities, monitor NPL ratios, and steadily inc
Slide 42: ©BANK = TT
©BANK = 38 28 77 TT
Slide 43: Appendix: Financial Summary of O-Bank and Its Main Subsidiaries
04 Appendix: Financial Summary of O-Bank and Its Main Subsidiaries 42
Slide 44: O-Bank Financial Summary
O-Bank-Financial Summary (NT $ million) 2Q26 1Q26 4Q25 3Q25 1H26 1H25 YoY Income Statement Interest income 2,896 2,852 3,044 2,780 5,748 5,500 4.5% Interest expense (1,955) (1,954) (2,150) (2,029) (3,910) (4,009) -2.5% Net interest income 940 898 894 751 1,838 1,490 23.4% Fee income 210 311 217 210
Slide 45: CBF Financial Summary
CBF-Financial Summary (NT $ million) 2Q26 1Q26 4Q25 3Q25 1H26 1H25 YoY Income Statement Interest income 1,289 1,262 1,265 1,229 2,551 2,387 6.8% Interest expense (949) (936) (972) (985) (1,885) (2,000) -5.8% Net interest income 340 326 293 244 665 387 71.9% Fee income 596 470 402 406 1,067 800 33.3%
Slide 46: ETB Financial Summary
ETB-Financial Summary (USD $ thousand) 2Q26 1Q26 4Q25 3Q25 1H26 1H25 YoY Income Statement Interest income 14,757 14,708 15,177 15,177 29,465 27,103 8.7% Interest expense (5,671) (5,564) (6,046) (5,575) (11,235) (9,946) 13.0% Net interest income 9,086 9,144 9,131 9,602 18,229 17,157 6.2% Fee income 1