Fubon reports TWD 127.22 billion profit: Citi downgrades Fubon Financial stock

Published on 10/20/2026 at 09:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half net income exceeded TWD 97.00 billion, a record for the period. Citi downgraded Fubon Financial stock from Buy to Neutral on October 14, 2026.

Profit and ratings shape the picture

Fubon Financial reported TWD 127.22 billion in nine-month profit on October 15, 2026.
Taipei Fubon Bank increased first-half revenue by 25.80 percent in 2026.
Citi downgraded the stock from Buy to Neutral on October 14, 2026, with a TWD 157.60 target.

Fubon Financial, TW0002881000, Illustration mit AI erstellt.

Fubon Financial (ISIN TW0002881000) reported TWD 127.22 billion in attributable profit for the first nine months of 2026 on October 15, 2026. BigGo said the result made Fubon Financial the leading profit generator among Taiwan financial holding companies in the period, with earnings per share of TWD 8.80.

Profit broadens across units

The September update showed gains across the group rather than a single earnings source. Fubon Securities posted nine-month profit of TWD 17.90 billion, up 135.00 percent year over year, while Taipei Fubon Bank reached TWD 37.20 billion, up 28.00 percent, according to BigGo. The bank also increased deposits by 17.00 percent and loans by 18.00 percent in the first nine months.

What does the rating change mean?

MarketScreener reported that Citi downgraded Fubon Financial from Buy to Neutral on October 14, 2026, with a TWD 157.60 price target. The target was below the TWD 158.50 Taiwan Stock Exchange close on October 19, 2026, creating a more cautious valuation signal despite the strong profit figures.

Three milestones since August

On August 24, 2026, Fubon Financial's first-half briefing showed net income above TWD 97.00 billion, according to the Yahoo Finance transcript. On September 30, 2026, a Fubon unit was listed as planning an investment of up to USD 20.00 million in a private fund, according to MarketScreener. On October 15, 2026, the group reported TWD 127.22 billion in nine-month profit and TWD 8.80 in earnings per share.

Next dates for investors

On October 20, 2026, Fubon Life opened presales for an exhibition scheduled to run from December 12, 2026, to April 13, 2027, according to Fubon Financial. The dates belong to a group subsidiary and provide the next visible corporate calendar markers after the profit release.

Valuation stays elevated

Fubon Financial had a market capitalization of TWD 2.1 trillion as of October 20, 2026. Its 52-week range was TWD 83.50 to TWD 164.50, leaving the latest Taiwan quotation near the upper end of that span. The combination of strong cumulative earnings and a lower analyst target places reported profit quality and valuation discipline side by side.

Fubon Financial was last quoted at TWD 153.50 on the Taiwan Stock Exchange on October 20, 2026. Its market capitalization was TWD 2.1 trillion on the same date, and the 52-week range extended from TWD 83.50 to TWD 164.50.