Who are Ts Financial's main competitors?

Named competitors: Cathay Financial Holding (2882.TW), Fubon Financial Holding (2881.TW), CTBC Financial Holding (2891.TW), E.Sun Financial Holdings (2884.TW). The cockpit's measured peer set (industry) also includes Exor (EXO.AS), Industrivarden (INDU-A.ST), China Resources New Energy (001248.SZ), HAL Trust (HAL.AS), Julius Baer Gruppe (BAER.SW), Jio Financial Services (JIOFIN.NS).

Is Ts Financial expensive compared with its peers?

On forward p/e it trades at 12.2× against a peer median of 12.5×, 6th cheapest of 12 in its peer set.

How has Ts Financial stock performed?

Over six months to 6 Nov 2026 the shares returned +62.2% against +3.1% for the median peer; over one year +95.2%.

← CockpitCompetitor Analysis › 2887.TW Ts Financial Holding Co LtdOpen in the cockpit ↗

Ts Financial Holding Co Ltd2887.TWCompetitor analysis, valuation and peers

Taiwan · TWD·Financials›Financial Conglomerates

Taiwan financial holding built around Taishin International Bank, a major consumer/retail bank and credit-card issuer.

≈ A mid-size Taiwan bank holding company, like a smaller regional bank plus a card issuerMomentum leader 94

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$29.2B

US dollars, full cap

Free float

92%

of shares outstanding

$/day

$69.6M

20-day average traded

Fwd P/E

12.2×

forward earnings

ROIC−WACC

n/a

WACC 5.0%

Hurdle

n/a

no reverse DCF

Next earnings

12 days

18 Nov 2026

Close · TWDNT$38.45

1D-4.1%

1W-9.0%

1M-5.9%

3M+8.2%

6M+62.2%

YTD+88.5%

1Y+95.2%

ATR %3.5%

52w lowhigh14.2% off high

What Ts Financial does

Taiwan financial holding built around Taishin International Bank, a major consumer/retail bank and credit-card issuer.

Earns from loan spreads and fees on credit cards and wealth products, with the bank as the core. Taishin Bank was one of the private banks licensed in Taiwan's early-1990s liberalisation, and the group holds a large minority stake in Chang Hwa Bank.

In one line: A mid-size Taiwan bank holding company, like a smaller regional bank plus a card issuer.

Products and services

Retail & corporate banking
Credit cards
Wealth management
Life insurance (Taishin Life)

Customers

Retail depositors and borrowers
Credit-card holders
SME and corporate clients

Where it sits in the supply chain

Financial services
Banking & consumer finance
Retail banking / credit cards / wealth…

What could go right

Taiwan rate cycle
Card spending growth

What could go wrong

Credit-cycle/loan-loss risk
Competitive Taiwan banking margins

Moat: narrow (scale, distribution, brand). Established retail branch and card network in a competitive, licence-controlled Taiwan banking market.

Headquarters: Taipei, Taiwan · Founded: 2002 · Employees: 19,298

Named competitors

Ts Financial at a glance

Size Ts Financial (2887.TW) is a Taiwan Financials company (Financial Conglomerates) with a market value of $29.2B, the 16th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$38.45 on 6 Nov 2026.

Performance Over six months the shares gained 62.2%, against +3.1% for the median peer and -3.4% for the Taiwan market (cap-weighted) — highest of 15 in its peer set.

Growth Revenue grew 200.4% over the last twelve months (peer median +0.1%); the operating margin is 18.6% (peer median 29.8%).

Valuation It trades at 12.2× forward earnings against a peer median of 12.5× (6th cheapest of 12).

Next results Next results expected around 18 Nov 2026 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Ts Financial against the median of its 15 peers (local-currency closes).

Ts Financial financials

Reported figures in TWD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	NT$509B	NT$374B	NT$166B	NT$132B	NT$91.1B
Revenue growth	—	+125%	+26%	+44%	—
Net income	NT$70.9B	NT$37.3B	NT$20.1B	NT$14.6B	NT$14.9B
Free cash flow	NT$19.9B	NT$128B	-NT$57.8B	-NT$17.0B	NT$100B
Capital expenditure	NT$3.50B	NT$2.47B	NT$1.61B	NT$1.58B	NT$5.59B
Total debt	NT$484B	NT$417B	NT$207B	NT$214B	NT$201B

Quarterly statements and history in the cockpit →

Ts Financial competitor charts

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.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Ts Financial is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Ts Financial is the large dot.

Ts Financial competitors and peer comparison

Head to head with its named competitors (2887.TW vs 2882.TW vs 2881.TW vs 2891.TW)
Company	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g
Ts Financial 2887.TW	$29.2B	+62%	+200%	19%	12.2×	n/a
Cathay Financial Hldg 2882.TW	$47.0B	+42%	-16%	21%	12.4×	n/a
Fubon Financial Hldg 2881.TW	$62.7B	+66%	+12%	30%	15.0×	n/a
Ctbc Financial 2891.TW	$43.7B	+37%	+9%	31%	15.5×	n/a
E Sun Financial 2884.TW	$25.2B	+55%	+36%	38%	16.9×	n/a

How Ts Financial compares with its peers

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.

Ts Financial against its 15 peers (data as of 6 Nov 2026)
Measure	2887.TW	Peer median	Rank in peer set
1-month return	-5.9%	+3.6%	5th lowest of 16
6-month return	+62.2%	+3.1%	highest of 15
Distance from 52-week high	-14.2%	-12.8%	7th lowest of 16
Revenue growth (TTM)	+200.4%	+0.1%	2nd highest of 16
Operating margin	18.6%	29.8%	7th lowest of 16
Forward P/E	12.2×	12.5×	6th cheapest of 12

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
Ts Financial 2887.TW	Taiwan	$29.2B	+62%	+200%	19%	12.2×	n/a	n/a
Exor EXO.AS	Netherlands	$26.2B	+10%	+59%	-384%	26.3×	n/a	n/a
Industrivarden INDU-A.ST	Sweden	$23.4B	+9%	-1%	569%	9.6×	n/a	n/a
China Resources New Energy 001248.SZ	China	$21.5B	n/a	0%	42%	n/a	n/a	n/a
HAL Trust HAL.AS	Netherlands	$17.2B	+1%	-5%	14%	12.5×	n/a	n/a
Julius Baer Gruppe BAER.SW	Switzerland	$17.1B	+2%	0%	30%	11.3×	n/a	n/a
Jio Financial Services JIOFIN.NS	India	$16.2B	-8%	+117%	40%	74.6×	n/a	n/a
L E Lundbergforetagen LUND-B.ST	Sweden	$15.3B	+16%	-4%	28%	n/a	n/a	n/a
Investment AB Latour LATO-B.ST	Sweden	$14.2B	+19%	+3%	15%	n/a	n/a	n/a
Ares Capital ARCC	United States	$13.8B	+1%	-8%	61%	9.9×	n/a	n/a
Bajaj Holdings & Investment BAJAJHLDNG.NS	India	$13.0B	+4%	-14%	80%	n/a	n/a	n/a
Washington H. Soul Pattinson and SOL.AX	Australia	$12.5B	+12%	+143%	-9%	28.0×	n/a	n/a
BitMine Immersion Technologies BMNR	United States	$11.3B	-15%	+1,022%	-485%	25.9×	n/a	n/a
SBI 8473.T	Japan	$11.2B	-13%	+20%	40%	5.9×	n/a	n/a
M&G MNG.L	United Kingdom	$10.3B	+7%	+68%	8%	11.3×	n/a	n/a
Aker AKER.OL	Norway	$8.60B	-7%	-17%	226%	14.3×	n/a	n/a

Questions

Who are Ts Financial's main competitors?: Named competitors: Cathay Financial Holding (2882.TW), Fubon Financial Holding (2881.TW), CTBC Financial Holding (2891.TW), E.Sun Financial Holdings (2884.TW). The cockpit's measured peer set (industry) also includes Exor (EXO.AS), Industrivarden (INDU-A.ST), China Resources New Energy (001248.SZ), HAL Trust (HAL.AS), Julius Baer Gruppe (BAER.SW), Jio Financial Services (JIOFIN.NS).
Is Ts Financial expensive compared with its peers?: On forward p/e it trades at 12.2× against a peer median of 12.5×, 6th cheapest of 12 in its peer set.
How has Ts Financial stock performed?: Over six months to 6 Nov 2026 the shares returned +62.2% against +3.1% for the median peer; over one year +95.2%.