CITIC Financial made a huge profit of 63.237 billion yuan in the first nine months, and the total FVOCI profit reached a new high of 131.5 billion yuan

CITIC Financial announced today (14th) its self-imposed profits in September 2026.

[Reporter Li Jinghui/Taipei Report] CITIC Financial (2891) announced today (14th) its self-accounted profit for September 2026, with a single-month after-tax profit of 9.358 billion yuan, and a cumulative consolidated after-tax profit of 63.237 billion yuan for the first nine months, E PS3.18 yuan. If the after-tax disposal benefits of FVOCI equity instruments are added, the cumulative financial holdings in the first nine months reached 131.462 billion yuan, exceeding the full-year profit performance in previous years. The combined impact of the two on retained earnings was 6.68 yuan per share.

CITIC Financial stated that its subsidiary China Trust Bank’s profit in the first nine months hit a new high for the same period in previous years. Mainly due to the steady momentum of the core business, the wealth management business performed well, with a single-month after-tax profit of 6.929 billion yuan. In addition, the bank's net interest margin increased, the wealth management business grew by more than 30%, and the amount of card consumption and deposit and loan balances both increased by double digits. The after-tax profit in the first nine months was 49.525 billion yuan, an increase of 18% over the same period last year, and continued to hit a new high for the same period in the past.

Taiwan Life, a subsidiary of the company, made a single-month after-tax profit of 1.292 billion yuan in September, driven by fund evaluation interests. The cumulative after-tax profit for the first nine months was 14.928 billion yuan, mainly from the impact of past accumulated CSM amortization, fund evaluation benefits and investment insurance policies being remeasured in accordance with IFRS No. 15. In terms of insurance business momentum, driven by the sales of dividend and investment policies, cumulative new contract premiums reached 89.7 billion yuan, an increase of 81% over the same period last year.

CITIC Financial explained that gains and losses from the disposal of equity instruments measured at fair value through other comprehensive gains and losses (FVOCI) are not included in the net profit of the current period, but are directly reflected in retained earnings and are one of the sources of distributable earnings. In September, FVOCI's financial holdings' after-tax equity instruments disposal benefits totaled 17.637 billion yuan, and the cumulative total in the first nine months was 68.225 billion yuan. Financial Holding's net profit for the current period in September plus FVOCI equity instrument after-tax disposal benefits was 26.995 billion yuan, and the cumulative total for the first nine months was 131.462 billion yuan, exceeding the annual profit performance of previous years. The combined impact of the two on retained earnings was 6.68 yuan per share.