Taiwan’s banking, insurance, and securities industries posted a combined profit of NT$950.8 billion (US$30.1 billion) in the first 11 months of 2025, close to but unlikely to beat the annual record set in 2024, according to the Financial Supervisory Commission (FSC).
The regulator says profits are likely to have dropped in December due to stock market volatility, increased provisions for bad debts at banks, and reclassification of some annual profits of insurers as non-recurring gains.
“The industries reached a record profit of NT$1.58 trillion in 2024. However, surpassing this record appears unlikely, as financial institutions are unlikely to replicate their full-year successes,” the FSC says in a statement on January 5, adding that profit in 2025 will probably be the second highest ever.
Total profit of the three industries in November was NT$108.2 billion, the fifth straight month in which the figure has topped NT$100 million.
