E.SUN FHC's Q1 Profit Remains Strong, Estimated to Complete Merger with San-Shang Life in Q3
E.SUN FHC announced today that it expects to complete its merger with San-Shang Life in the third quarter of this year, following the Fair Trade Commission's approval in April. This merger will expand E.SUN FHC's asset scale from NT$4.2 trillion to NT$6 trillion, placing it among Taiwan's top 5 listed financial holding companies and completing its three major profit engines: banking, insurance, and securities.
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- 📰 Published: May 6, 2026 at 17:29
- 🔍 Collected: May 6, 2026 at 18:01 (31 min after Published)
- 🤖 AI Analyzed: May 6, 2026 at 19:19 (1h 17m after Collected)
Central News Agency
(Central News Agency reporter Lu Yen-tzu, Taipei, 6th) The Fair Trade Commission approved E.SUN Financial Holding Company's acquisition of San-Shang Life Insurance in April. E.SUN FHC announced today that it expects to complete the merger in the third quarter of this year. E.SUN FHC's asset scale will jump from NT$4.2 trillion to NT$6 trillion, placing it among Taiwan's top 5 listed financial holding companies and completing its three major profit engines: banking, insurance, and securities.
E.SUN FHC held its Q1 investor conference today, announcing its Q1 unaudited after-tax net profit of NT$10.06 billion, a 14.2% year-on-year increase, setting a new profit record. Earnings per share (EPS) were NT$0.62, return on equity (ROE) was 14.43%, and return on assets (ROA) was 0.88%. Before the conference, it also announced that its cumulative after-tax net profit for the first four months reached a new high of NT$14.24 billion, a 26.01% year-on-year increase.
Regarding the progress of the San-Shang Life merger, E.SUN FHC explained that in March, E.SUN Bank's bancassurance channel launched three San-Shang Life insurance products, which were well-received by the market, demonstrating initial cooperation effectiveness. In addition, E.SUN FHC, San-Shang Life, and the San-Shang Labor Union completed the signing of the employee placement plan on April 17, showing sincerity and goodwill from both sides. In addition to caring for employee rights, the union is also willing to create a win-win and prosperous future for the merged San-Shang Life.
E.SUN FHC explained that after the Fair Trade Commission approved the merger in April, the merger process took another critical step forward, with the merger operations expected to be completed in the third quarter of 2026.
In terms of operational performance, E.SUN FHC's subsidiaries performed well in Q1 this year. The banking subsidiary's after-tax net profit was NT$8.76 billion, the securities subsidiary's was NT$1.05 billion, the venture capital subsidiary's was NT$710 million, and the investment trust subsidiary's was NT$100 million, all achieving their best performance for the same period.
E.SUN FHC explained that Q1 net fee income was NT$8.92 billion, a 27.1% year-on-year increase. Among them, E.SUN Bank's successful management of high-net-worth customers led to wealth management net fee income of NT$4.03 billion, a 14.4% year-on-year increase, the highest for the same period in history. Credit card net fee income was NT$2.23 billion, a 16.5% year-on-year increase, with card spending reaching NT$150.6 billion, also a new high for the same period.
As for other subsidiaries, E.SUN FHC explained that E.SUN Securities' brokerage business in Q1 grew significantly by 98.5% compared to the same period last year, and its sub-brokerage business continued to grow, driving overall profit improvement. E.SUN Investment Trust issued its first bond ETF, "E.SUN US Dollar Select Non-Investment Grade Bond ETF" (00988B), in March, which had the highest fundraising amount among similar products recently.
Regarding overseas expansion, E.SUN FHC announced that E.SUN Bank's overseas branches and subsidiaries accounted for 26.3% of the bank's overall profit in Q1, leveraging its comprehensive domestic and international layout and resource integration advantages to continuously promote cross-border business. Overseas loan momentum was strong in Q1, with a year-on-year growth rate of 25.6%. In addition, Cambodia's UCB subsidiary launched the "Infinity Card" credit card targeting VIP customers, and by the end of April, it had become one of the top 3 issuers of Infinity Cards in the local market. (Editor: Lin Chia-hsien) 1150506
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(Central News Agency reporter Lu Yen-tzu, Taipei, 6th) The Fair Trade Commission approved E.SUN Financial Holding Company's acquisition of San-Shang Life Insurance in April. E.SUN FHC announced today that it expects to complete the merger in the third quarter of this year. E.SUN FHC's asset scale will jump from NT$4.2 trillion to NT$6 trillion, placing it among Taiwan's top 5 listed financial holding companies and completing its three major profit engines: banking, insurance, and securities.
E.SUN FHC held its Q1 investor conference today, announcing its Q1 unaudited after-tax net profit of NT$10.06 billion, a 14.2% year-on-year increase, setting a new profit record. Earnings per share (EPS) were NT$0.62, return on equity (ROE) was 14.43%, and return on assets (ROA) was 0.88%. Before the conference, it also announced that its cumulative after-tax net profit for the first four months reached a new high of NT$14.24 billion, a 26.01% year-on-year increase.
Regarding the progress of the San-Shang Life merger, E.SUN FHC explained that in March, E.SUN Bank's bancassurance channel launched three San-Shang Life insurance products, which were well-received by the market, demonstrating initial cooperation effectiveness. In addition, E.SUN FHC, San-Shang Life, and the San-Shang Labor Union completed the signing of the employee placement plan on April 17, showing sincerity and goodwill from both sides. In addition to caring for employee rights, the union is also willing to create a win-win and prosperous future for the merged San-Shang Life.
E.SUN FHC explained that after the Fair Trade Commission approved the merger in April, the merger process took another critical step forward, with the merger operations expected to be completed in the third quarter of 2026.
In terms of operational performance, E.SUN FHC's subsidiaries performed well in Q1 this year. The banking subsidiary's after-tax net profit was NT$8.76 billion, the securities subsidiary's was NT$1.05 billion, the venture capital subsidiary's was NT$710 million, and the investment trust subsidiary's was NT$100 million, all achieving their best performance for the same period.
E.SUN FHC explained that Q1 net fee income was NT$8.92 billion, a 27.1% year-on-year increase. Among them, E.SUN Bank's successful management of high-net-worth customers led to wealth management net fee income of NT$4.03 billion, a 14.4% year-on-year increase, the highest for the same period in history. Credit card net fee income was NT$2.23 billion, a 16.5% year-on-year increase, with card spending reaching NT$150.6 billion, also a new high for the same period.
As for other subsidiaries, E.SUN FHC explained that E.SUN Securities' brokerage business in Q1 grew significantly by 98.5% compared to the same period last year, and its sub-brokerage business continued to grow, driving overall profit improvement. E.SUN Investment Trust issued its first bond ETF, "E.SUN US Dollar Select Non-Investment Grade Bond ETF" (00988B), in March, which had the highest fundraising amount among similar products recently.
Regarding overseas expansion, E.SUN FHC announced that E.SUN Bank's overseas branches and subsidiaries accounted for 26.3% of the bank's overall profit in Q1, leveraging its comprehensive domestic and international layout and resource integration advantages to continuously promote cross-border business. Overseas loan momentum was strong in Q1, with a year-on-year growth rate of 25.6%. In addition, Cambodia's UCB subsidiary launched the "Infinity Card" credit card targeting VIP customers, and by the end of April, it had become one of the top 3 issuers of Infinity Cards in the local market. (Editor: Lin Chia-hsien) 1150506
Choose to stand with the facts. Every sponsorship you provide is a force to protect press freedom.
Download the Central News Agency "First-hand News" APP to stay updated with the latest news.
Text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.