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Taiwan financial holding company centered on bills-finance (money market) and securities businesses.
Taiwan financial holding company centered on bills-finance (money market) and securities businesses.
Earns fees for guaranteeing and underwriting short-term notes that companies issue as commercial paper, and the spread on bills and bonds it holds, funded by short-term repurchase agreements. Bond-trading gains swing with interest rates, and securities brokerage is a separate line.
Moat: narrow (regulatory licence, scale). One of a small number of licensed bills-finance companies in Taiwan's money market.
Headquarters: Taipei, Taiwan · Employees: 1,573
Size IBF Financial (2889.TW) is a Taiwan Financials company (Investment Banks/Brokers) with a market value of $1.75B, the 184th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$15.85 on 6 Nov 2026.
Performance Over six months the shares gained 9.3%, against -14.5% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 3rd highest of 21 in its peer set.
Growth Revenue grew 65.8% over the last twelve months (peer median +15.3%); the operating margin is 58.2% (peer median 32.1%).
Next results Next results expected around 24 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$21.2B | NT$15.5B | NT$14.2B | NT$12.5B | NT$9.00B |
| Revenue growth | — | +9% | +14% | +39% | — |
| Gross profit | NT$20.1B | NT$14.7B | NT$13.4B | NT$11.8B | NT$8.31B |
| EBITDA | NT$12.6B | NT$9.67B | NT$9.73B | NT$8.26B | NT$4.90B |
| Net income | NT$4.42B | NT$2.30B | NT$2.17B | NT$2.00B | NT$1.29B |
| Free cash flow | -NT$9.44B | -NT$1.02B | -NT$3.95B | -NT$5.40B | NT$7.82B |
| Capital expenditure | NT$150M | NT$114M | NT$164M | NT$99.9M | NT$91.1M |
| Total debt | NT$372B | NT$337B | NT$314B | NT$280B | NT$281B |
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 | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| IBF Financial 2889.TW | $1.75B | +9% | +66% | 58% | n/a | n/a |
| Mega Financial 2886.TW | $24.0B | +37% | +1% | 48% | n/a | n/a |
| China Bills Finance 2820.TW | $660M | -4% | +16% | 86% | n/a | n/a |
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 | 2889.TW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -0.9% | -7.7% | 5th highest of 21 |
| 6-month return | +9.3% | -14.5% | 3rd highest of 21 |
| Distance from 52-week high | -11.0% | -34.9% | highest of 21 |
| Revenue growth (TTM) | +65.8% | +15.3% | 5th highest of 21 |
| Operating margin | 58.2% | 32.1% | 5th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| IBF Financial 2889.TW | Taiwan | $1.75B | +9% | +66% | 58% | n/a | n/a | n/a |
| Polaris Bay 600155.SS | China | $1.74B | -14% | -4% | 5% | n/a | n/a | n/a |
| Nanhua Futures 603093.SS | China | $1.80B | -11% | -28% | 47% | n/a | n/a | n/a |
| TOP Financial TOP | United States | $1.64B | +93% | -41% | -14% | n/a | n/a | n/a |
| GoFintech Quantum Innovation 0290.HK | Hong Kong | $1.62B | -82% | +108% | 26% | n/a | n/a | n/a |
| Matsui Securities 8628.T | Japan | $1.61B | +7% | +47% | 47% | n/a | n/a | n/a |
| Shanghai Chinafortune 600621.SS | China | $1.97B | -12% | -5% | 25% | n/a | n/a | n/a |
| AMTD IDEA Group Sponsored ADR AMTD | United States | $1.50B | -52% | +14% | 27% | n/a | n/a | n/a |
| Capital Securities 6005.TW | Taiwan | $2.04B | -7% | +81% | 46% | n/a | n/a | n/a |
| Metaplanet 3350.T | Japan | $2.05B | -27% | +290% | 62% | n/a | n/a | n/a |
| Central China Securities 1375.HK | Hong Kong | $2.18B | -27% | +41% | 33% | n/a | n/a | n/a |
| Okasan Securities 8609.T | Japan | $1.33B | +5% | +36% | 29% | n/a | n/a | n/a |
| President Securities 2855.TW | Taiwan | $2.34B | +24% | +796% | 32% | n/a | n/a | n/a |
| UOB-Kay Hian U10.SI | Singapore | $2.36B | -29% | +36% | 42% | n/a | n/a | n/a |
| Compagnie Financiere Tradition CFT.SW | Switzerland | $2.37B | -15% | +3% | 14% | n/a | n/a | n/a |
| JSW JSWHL.NS | India | $1.29B | -16% | +55% | 94% | n/a | n/a | n/a |
| Bright Smart Securities & Commodities 1428.HK | Hong Kong | $1.28B | -51% | -2% | 67% | n/a | n/a | n/a |
| Nihon M&A Center 2127.T | Japan | $1.28B | -7% | +5% | 36% | n/a | n/a | n/a |
| Edelweiss Financial Services EDELWEISS.NS | India | $1.28B | +6% | +16% | 11% | n/a | n/a | n/a |
| Ruida Futures 002961.SZ | China | $1.22B | -21% | -51% | 82% | n/a | n/a | n/a |
| Northeast Securities 000686.SZ | China | $2.52B | -17% | +1% | 23% | n/a | n/a | n/a |