Financial Highlights
TOPAs of the end of 2023, Bank SinoPac had totaling NT$2,531.4 billion of assets and posted a capital adequacy ratio of 15.61%; both tallies were calculated on a consolidated basis. With equity of NT$172.8 billion, it registered a NT$2,018.2 billion outstanding balance of deposits and NT$1,438.6 billion of loans. In 2023, the Bank recorded consolidated net profit of NT$16.066 billion. After-tax earnings per share came in at NT$1.68. The ROE for 2023 topped 10.34%.
| (in NT$ millions, except per share data) | 2023 | 2022 | ||
|---|---|---|---|---|
| Parent Company Only | Consolidated | Parent Company Only | Consolidated | |
| For the year | ||||
| Pretax income | 19,258 | 19,315 | 17,283 | 17,373 |
| Net income | 16,066 | 14,713 | ||
| At year-end | 2023 | 2022 | ||
| Deposits and remittances | 1,974,069 | 2,023,385 | 1,956,478 | 2,005,226 |
| Discounts and loans, net | 1,379,568 | 1,419,039 | 1,280,566 | 1,322,023 |
| Total assets | 2,459,691 | 2,531,382 | 2,339,151 | 2,403,440 |
| Total equity | 172,832 | 137,861 | ||
| Per share | 2023 | 2022 | ||
| Earnings per share, net of tax | $1.68 | $1.63 | ||
| Equity per share(based on the number of outstanding shares as of each year end) | $17.82 | $15.26 | ||
| Eligible capital to total risk-weighted assets ratio | 2023 | 2022 | ||
| Capital adequacy ratio | 16.14% | 15.61% | 14.34% | 13.80% |