Goldman Sachs logo
Goldman Sachs

May 26, 2026

Fubon Financial Holdings 1Q26 Results Briefing Takeaways

Single Stock ReportEquitiesFinancials

Fubon Financial Holdings reported strong 1Q26 results with adjusted net profit of NT$66.3bn and a 19% qoq increase in Life book value. Goldman Sachs raised the target price to NT$96 while maintaining a Neutral rating.

Key Takeaways

  • 1.Fubon reported strong 1Q26 results with earnings growth across banking, securities, and P&C segments, leading to an adjusted net profit of NT$66.3bn.
  • 2.Life insurance book value increased 19% quarter-on-quarter to NT$630.2bn, driven by higher NTD yields and mark-to-market benefits.
  • 3.Goldman Sachs raised its 12-month target price for Fubon to NT$96 from NT$90, reflecting improved earnings and book value outlooks.

Table of Contents

  • Price Target Risks and Methodology - Fubon FHC
  • Disclosure Appendix
  • GS Factor Profile
  • M&A Rank
  • Quantum
  • Disclosures
  • Company-specific regulatory disclosures
  • Distribution of ratings/investment banking relationships
  • Price target and rating history chart(s)
  • Target price history table(s)
  • Regulatory disclosures

Document Preview

Page 1 of 5
Page 1 of Fubon Financial Holdings 1Q26 Results Briefing Takeaways
Subscribe for full access

Access the Full Report

Get unlimited access to institutional research reports with a 14-day free trial.