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Taiwan Cooperative Financial pursues stable profit growth


Taiwan Cooperative Financial pursues stable profit growth
By Crystal Hsu / Staff reporter
State-run Taiwan Cooperative Financial Holding Co (合庫金控) is pursuing stable profit growth this year on the back of economic improvement at home and abroad, although the operating environment remains challenging, the company said yesterday.
The cautiously optimistic guidance came after the bank-focused conglomerate’s profit last year dropped 2.17 percent to NT$17.14 billion (US$606.45 million), which it attributed mainly to higher provision costs, and lower interest and fee income.
That translated into earnings per share of NT$1.24, compared with NT$1.29 in 2019.
Vehicles drive past a Taiwan Cooperative Bank branch on Guan Chien Road in Taipei on Feb. 12, 2019. Taiwan Cooperative Financial Holding Co yesterday said it is pursuing stable profit growth this year on the back of economic improvement at home and abroad, although the operating environment remains c ....

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What Is The Ownership Structure Like For Taiwan Cooperative Financial Holding Co., Ltd. (TPE:5880)?


What Is The Ownership Structure Like For Taiwan Cooperative Financial Holding Co., Ltd. (TPE:5880)?
By
January 17, 2021
If you want to know who really controls Taiwan Cooperative Financial Holding Co., Ltd. (TPE:5880), then you ll have to look at the makeup of its share registry. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. Companies that used to be publicly owned tend to have lower insider ownership.
Taiwan Cooperative Financial Holding is a pretty big company. It has a market capitalization of NT$268b. Normally institutions would own a significant portion of a company this size. In the chart below, we can see that institutional investors have bought into the company. Let s take a closer look to see what the different types of shareholders can tell us about Taiwan Cooperative Financial Holding. ....

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