Mega Financial Holding Adopts Three Principles for M&A; Q1 Profits Up 17%

Amid a wave of mergers and acquisitions in Taiwan's financial sector, Mega Financial Holding stated today that it maintains a cautious yet open attitude. However, it will first evaluate three principles: asset quality, integration feasibility, and long-term profit contribution. The company emphasized it will not pursue M&A solely for scale or ranking. Mega Financial held its Q1 online investor conference today, reporting a net profit of NT$9.397 billion, a 17% year-on-year increase, with an EPS of NT$0.63. General Manager Chang Chuan-chang stated that in response to the aggressive expansion of private financial holding companies, Mega will focus on deepening its presence in the US, Japan, and New Southbound markets while accelerating digital finance capabilities. Taiwan Business Bank also held its Q1 investor conference, reporting a net profit of NT$3.438 billion, a 17.14% increase. Additionally, the bank announced the launch of the Taiwan Individual Savings Account (TISA) fund service, allowing investments starting from as low as NT$1,000 to help investors build long-term discipline.