Entie Commercial Bank AI Stock Analysis
Entie Commercial Bank (2849) AI Stock Analysis
Entie Commercial Bank
(TWSE:2849)
Entie Commercial Bank scores in the moderate range. The dominant factor is its financial profile: a conservatively funded, well-capitalized lender with three consecutive years of revenue and earnings growth, but with materially compressed margins, a sub-par 4.3% return on equity and volatile cash generation that covered only a fraction of net income in the latest year. Technicals are supportive, with the price well above its 100- and 200-day moving averages and positive MACD, though momentum is consolidating near term. Valuation is balanced — a 15.8x P/E is demanding given current returns, but a 3.26% dividend yield and low beta offer income and stability for conservative investors.
Entie Commercial Bank (2849) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 28.39B
- Dividend Yield
- 3.46%
- Average Volume (3M)
- 200.17K
- Price to Earnings (P/E)
- 14.9
- Beta (1Y)
- 0.26
- Revenue Growth
- 9.63%
- EPS Growth
- 40.11%
- Country
- TW
- Employees
- 1,630
- Sector
- General
- Sector Strength
- 55
- Industry
- Banks - Regional
Entie Commercial Bank Business Overview & Revenue Model
Company Description
EnTie Commercial Bank Co., Ltd., established in 1992 and headquartered in Taipei, Taiwan, primarily functions as a financial service provider across the island. Its operations are segmented into three core areas: Retail Banking, Corporate Banking, an...
Entie Commercial Bank Financial Statement Overview
Summary
Entie Commercial Bank shows steady growth and a solid balance sheet, offset by weak profitability and cash conversion. Revenue has compounded at roughly 8% since 2020 to NT$11.7 billion, net income has risen for three straight years to NT$1.54 billion (+16%), and operating margin improved to 14.5%. Capitalization is sound, with assets up 6.7% to NT$388.2 billion, a stable 9.3% equity-to-assets cushion and low non-deposit leverage (debt/equity 0.15x). However, margins have compressed sharply versus 2021 (net margin 13.1% vs. 32.5%), return on equity of 4.3% is below sector norms, and operating cash flow fell to just NT$0.55 billion — covering only about a third of reported net income — with free cash flow down to NT$386 million.
Income Statement
61PositiveBalance Sheet
70PositiveCash Flow
44Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 12.50B | 11.72B | 11.45B | 11.17B | 8.34B | 7.16B |
| Gross Profit | 5.69B | 4.97B | 5.54B | 5.82B | 5.98B | 5.93B |
| EBITDA | 2.37B | 2.07B | 1.72B | 1.58B | 1.61B | 2.97B |
| Net Income | 1.91B | 1.54B | 1.33B | 1.10B | 1.07B | 2.32B |
Balance Sheet | ||||||
| Total Assets | 406.08B | 388.25B | 363.92B | 337.85B | 348.72B | 333.07B |
| Cash, Cash Equivalents and Short-Term Investments | 19.41B | 18.32B | 18.04B | 15.25B | 17.27B | 13.32B |
| Total Debt | 7.38B | 5.57B | 3.29B | 1.56B | 1.44B | 1.04B |
| Total Liabilities | 370.37B | 352.10B | 329.66B | 304.32B | 315.99B | 298.24B |
| Stockholders Equity | 35.72B | 36.15B | 34.26B | 33.53B | 32.72B | 34.84B |
Cash Flow | ||||||
| Free Cash Flow | 1.34B | 386.44M | 1.56B | 2.27B | -1.38B | 4.77B |
| Operating Cash Flow | 1.47B | 545.08M | 1.69B | 2.37B | -1.23B | 4.85B |
| Investing Cash Flow | -25.16B | 312.36M | -1.98B | 196.29M | 1.25B | -270.60M |
| Financing Cash Flow | 23.39B | -1.54B | -204.41M | -3.77B | 1.01B | -2.94B |
Entie Commercial Bank Peers Comparison
Overall Rating
TW:602374Outperform
TW:282063Neutral- TW:284963Neutral
TW:283657Neutral
TW:659257Neutral
TW:289752Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:6023 | 74Outperform | TWD 35.30B | 9.49 | ― | 5.08% | 20.43% | 16.61% |
| TW:2820 | 63Neutral | TWD 21.82B | 9.19 | ― | 5.50% | 16.26% | 40.64% |
| TW:2849 | 63Neutral | TWD 28.48B | 14.95 | ― | 3.46% | 9.63% | 40.11% |
| TW:2836 | 57Neutral | TWD 21.46B | 15.26 | ― | 3.43% | 2.92% | 26.83% |
| TW:6592 | 57Neutral | TWD 35.62B | 10.71 | ― | 5.40% | -5.16% | 34.90% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:2897 | 52Neutral | TWD 28.84B | 12.26 | ― | 5.05% | ― | 20.11% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:2849 | Entie Commercial Bank | 14.75 | 2.01 | 15.78% | |
| TW:2820 | China Bills Finance Corporation | 16.35 | 0.64 | 4.07% | |
| TW:2836 | Bank of Kaohsiung Co., Ltd. | 11.65 | 0.04 | 0.34% | |
| TW:2897 | O-Bank Co. Ltd. | 10.30 | 1.62 | 18.70% | |
| TW:6023 | Yuanta Futures Co., Ltd. | 78.70 | 2.26 | 2.96% | |
| TW:6592 | Hotai Finance Co., Ltd. | 55.60 | -1.68 | -2.93% |
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Nov 09, 2026