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Taiwan's largest financial group by market cap, spanning life and property insurance, banking and securities.
Taiwan's largest financial group by market cap, spanning life and property insurance, banking and securities.
Life insurance dominates: Fubon Life invests the premiums it collects, much of it in overseas bonds, so profit swings with investment returns and currency hedging costs. Banking through Taipei Fubon Bank and Fubon Securities add fees and interest. The Tsai family, which founded Fubon, still leads it.
In one line: Taiwan's AIG combined with a top bank.
Moat: narrow (scale, brand, distribution). Largest Taiwan financial conglomerate by assets/market cap, with cross-sell across insurance, banking and securities.
Headquarters: Taipei, Taiwan · Founded: 2001 · Employees: 42,363
Size Fubon Financial Hldg (2881.TW) is a Taiwan Financials company (Multi-Line Insurance) with a market value of $62.7B, the 6th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$148.00 on 6 Nov 2026.
Performance Over six months the shares gained 66.0%, against +15.1% for the median peer and -3.4% for the Taiwan market (cap-weighted) — highest of 21 in its peer set.
Growth Revenue grew 12.3% over the last twelve months (peer median +10.3%); the operating margin is 30.3% (peer median 16.7%).
Valuation It trades at 1.66× book value against a peer median of 2.15× (9th cheapest of 21).
Price implies The share price implies a return on equity of about 7.4%; Fubon Financial Hldg delivers 16.0%, so the price asks less than the business earns today.
Next results Next results expected around 29 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$923B | NT$979B | NT$871B | NT$686B | NT$612B |
| Revenue growth | — | +12% | +27% | +12% | — |
| Net income | NT$167B | NT$121B | NT$151B | NT$66.0B | NT$46.9B |
| Free cash flow | -NT$210B | -NT$10.8B | NT$94.5B | NT$19.4B | NT$223B |
| Capital expenditure | NT$7.46B | NT$8.65B | NT$6.30B | NT$5.61B | NT$3.85B |
| Total debt | NT$836B | NT$664B | NT$544B | NT$542B | NT$489B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Fubon Financial Hldg 2881.TW | $62.7B | +66% | +12% | 16% | 1.66× | 7.4% |
| Cathay Financial Hldg 2882.TW | $47.0B | +42% | -16% | 15% | 1.40× | 7.0% |
| Ctbc Financial 2891.TW | $43.7B | +37% | +9% | 15% | 2.06× | 8.9% |
| E Sun Financial 2884.TW | $25.2B | +55% | +36% | 15% | 2.70× | 7.6% |
| Mega Financial 2886.TW | $24.0B | +37% | +1% | 10% | 1.97× | 5.9% |
| Ts Financial 2887.TW | $29.2B | +62% | +200% | 15% | 1.38× | 5.9% |
| Hua Nan Financial 2880.TW | $20.8B | +50% | -37% | 14% | 2.85× | 7.9% |
| First Financial 2892.TW | $17.8B | +44% | +5% | 11% | 1.95× | 5.8% |
| China Life Insurance 601628.SS | $135B | -3% | +16% | 12% | 1.54× | 13.1% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 2881.TW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -2.6% | +3.9% | 2nd lowest of 21 |
| 6-month return | +66.0% | +15.1% | highest of 21 |
| Return on equity | 16.0% | 17.5% | 9th lowest of 21 |
| Price / book | 1.66× | 2.15× | 9th cheapest of 21 |
| Trailing P/E | 12.7× | 11.6× | 9th most expensive of 21 |
| ROE the price implies | 7.4% | 11.4% | 5th least demanding of 21 |
| ROE delivered | 16.0% | 17.5% | 9th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Fubon Financial Hldg 2881.TW | Taiwan | $62.7B | +66% | +12% | 16% | 1.66× | 7.4% | 16.0% |
| MetLife MET | United States | $62.4B | +27% | +9% | 13% | 2.28× | 16.2% | 13.2% |
| Aflac AFL | United States | $62.2B | +10% | +14% | 17% | 2.06× | 12.5% | 16.9% |
| Allstate ALL | United States | $64.4B | +20% | +6% | 46% | 2.04× | 9.9% | 46.1% |
| Great-West Lifeco GWO.TO | Canada | $57.4B | +18% | +4% | 16% | 3.02× | 15.7% | 16.0% |
| Swiss Re SREN.SW | Switzerland | $50.6B | +27% | -12% | 20% | 2.27× | 6.1% | 20.4% |
| People's Insurance Co. (Group) of China 1339.HK | Hong Kong | $46.1B | -2% | +11% | 18% | 0.60× | 5.6% | 18.1% |
| Ms&ad Ins Gp Hldgs 8725.T | Japan | $44.4B | +22% | +21% | 17% | 1.07× | 6.9% | 16.6% |
| China Pacific Insurance (Group) 601601.SS | China | $42.6B | -14% | +4% | 14% | 0.93× | 8.2% | 14.4% |
| Power Corporation of Canada POW.TO | Canada | $40.7B | +16% | +10% | 11% | 2.42× | 15.9% | 11.0% |
| American International AIG | United States | $40.7B | +2% | +1% | 8% | 1.04× | 7.5% | 8.2% |
| Sun Life Financial SLF.TO | Canada | $40.1B | +7% | -1% | 13% | 2.38× | 13.7% | 13.5% |
| Sompo 8630.T | Japan | $39.6B | +17% | +41% | 15% | 1.14× | 6.2% | 14.6% |
| Axa CS.PA | France | $103B | +13% | +11% | 19% | 2.24× | 17.8% | 19.0% |
| AIA 1299.HK | Hong Kong | $104B | -10% | +13% | 20% | 2.53× | 18.4% | 19.6% |
| Arch Capital ACGL | United States | $36.6B | +14% | -5% | 19% | 1.58× | 8.3% | 18.7% |
| Zurich Insurance ZURN.SW | Switzerland | $114B | +16% | +19% | 26% | 3.67× | 11.2% | 25.5% |
| Prudential plc Sponsored ADR PUK | United States | $31.7B | -21% | +39% | 19% | 1.56× | 11.4% | 19.2% |
| Prudential 2378.HK | Hong Kong | $30.8B | -24% | +30% | 19% | 1.54× | 11.3% | 19.3% |
| Progressive PGR | United States | $132B | +17% | +8% | 33% | 3.82× | 15.8% | 33.2% |
| Aviva AV..L | United Kingdom | $29.5B | +18% | +86% | 7% | 2.46× | 23.8% | 6.8% |