Skip to main content
Free trial

Ask AI to review this stock

Copy the prompt to get recent events, historical reactions, and a short research brief.

Tell your AI:

Help me set up FinLab and analyze 2834 臺企銀. Please read: https://finlab.finance/en/setup?stock=2834

No install, open FinLab Studio

2834

臺企銀 Finance & Insurance As of 2026-06-17 Updated daily after market close

strong quality, discounted valuation.

2 active signals
252d high Revenue ≥20%
This page refreshes daily after the close. Add 臺企銀 to your watchlist to track signal changes on your next visit.
Valuation 82Quality 72Growth 67Momentum 66Chips 96

Is 臺企銀 a buy? Fundamentals and valuation first

  • Top-tier profitability.Operating margin beats ~88% of the market. Latest quarterly ROE ≈ 2.3%.

  • Valuation is low.PE is in the 19th market percentile; within its own history, PE is around the 69th percentile.

  • Foreign investors are net buying.Foreign 20-day net flow ≈ 17.2% of volume (net buy).

  • Strong revenue growth.Latest monthly revenue YoY ≈ 22.5%, above the 20% growth threshold.

  • Signals are active now.On the latest data, signals such as 252-day price high, Revenue YoY ≥ 20% are active — see the historical forward returns after each occurrence below.

Chip flow

Bearish -0.17
BearishNeutralBullish

Distribution to retail — bearish

  • Distribution to retail — bearish
  • 福邦-新竹 holds 17,494 lots
  • sellers have 23,298 lots left, ~3123 sessions to clear

Window from 2026-01-17 · Price +11% · branches to 2026-06-17· TDCC to 2026-06-12

  • Largest holder 福邦-新竹 has accumulated 17,494 lots since the start (sold 0%), holding.
  • Main distributor 摩根大通 peaked at 12,717 lots, has sold 79%, 2,641 left, paused recently.
  • TDCC big holders (absolute) >1000-lot holders -1.54pp, mid holders +80, retail +1.15pp — drifting down to retail.
  • Foreign hedge-desk net short Net short -196,211 lots (inferred from branch profile, mostly hedging — not necessarily bearish, not case-confirmed).
Branch inventory reconstruction
Accumulating holders Branches that accumulated shares during the window and still hold positive inventory; they are the absorbing side.
Distributing sellers Branches that built inventory earlier and have been selling it down; the remaining number estimates what has not cleared.
Net-short desks Trading-desk branches with negative inventory or net selling, often hedge, offsetting, or short-term flow. It is not automatically a bearish view.
Accumulating
福邦-新竹凱基-台南新加坡商瑞銀玉山-景美凱基-岡山兆豐-埔墘
Distributing
摩根大通港商麥格理陽信新光國泰-板橋國泰-敦南
Desks
own scale
台灣摩根士丹利美商高盛凱基-台北永豐金-板新
Price Accumulating & Distributing share one scale (comparable); Desks is independent. Zero is the baseline
Branch details Unit: lots

Accumulating

  • 福邦-新竹 +17,494
    sold 0%
  • 凱基-台南 +16,617
    sold 16%
  • 新加坡商瑞銀 +15,738
    sold 0%· still adding
  • 玉山-景美 +14,600
    sold 0%
  • 凱基-岡山 +13,391
    sold 1%
  • 兆豐-埔墘 +6,044
    sold 0%

Distributing

  • 摩根大通 2,641 left
    sold 79%· paused recently
  • 港商麥格理 4,634 left
    sold 48%· paused recently
  • 陽信 5,379 left
    sold 28%· ~26 sessions to clear
  • 新光 4,189 left
    sold 41%· ~33 sessions to clear
  • 國泰-板橋 3,246 left
    sold 28%· paused recently
  • 國泰-敦南 2,121 left
    sold 49%· ~32 sessions to clear

Desks

  • 台灣摩根士丹利 -59,219
    hedge desk · will cover
  • 美商高盛 -58,184
    hedge desk · will cover
  • 凱基-台北 -52,566
    day-trade · selling pressure
  • 永豐金-板新 -50,169
    unclassified
Still selling 23,298 lots ~3123 sessions to bottom at most
Recent buy/sell force +52,312 absorbed / -12,278 sold buyers slightly ahead
Hedge-desk net short -143,051 lots potential cover-buying, not selling pressure
TDCC big holders · absolute-holding cross-check
>1000-lot holder share Retail (<400 lots) share Price (right axis)

Weak direction: big-holder share fell while retail share rose.

Describes chip flow, not investment advice. Branch data discloses only high-volume branches with ~1-day lag; TDCC is weekly. Inventory is a relative reconstruction from the window start, not absolute holdings.

Historical evidence

Signals active now

These signals are true on the latest data, with this stock's own historical forward-return stats after each occurrence.

252-day price high (breakout)

Active

Adjusted close makes a new 252-day high; repeats within 20 days counted once.

36 historical occurrences (since 2008-05-08)
Average forward return after 252-day price high (breakout)。20-day: Win 60%, Sample 35, Median +0.98%, Excess +1%, Beat mkt rate 51.4%；60-day: Win 76.5%, Sample 34, Median +3.44%, Excess +1.31%, Beat mkt rate 52.9%；120-day: Win 75.8%, Sample 33, Median +4.38%, Excess +0.34%, Beat mkt rate 51.5%

120 days after: historical avg +5.29%

20-day +2.57%
60-day +4.7%
120-day +5.29%
20-day
60-day
120-day
Win
60%
76.5%
75.8%
Sample
35
34
33
Median
+0.98%
+3.44%
+4.38%
Excess
+1%
+1.31%
+0.34%
Beat mkt rate
51.4%
52.9%
51.5%

Over 33 occurrences, 120-day forward avg gained 5.29%, beat the market by 0.34 pts; win rate 75.8%.

Monthly revenue YoY ≥ 20% (from filing deadline)

Active · now 22.52%

Monthly revenue YoY ≥ 20%; event date is the first trading day after the filing deadline (no look-ahead).

42 historical occurrences (since 2007-06-11)
Average forward return after Monthly revenue YoY ≥ 20% (from filing deadline)。20-day: Win 56.1%, Sample 41, Median +0.74%, Excess +0.55%, Beat mkt rate 53.7%；60-day: Win 53.7%, Sample 41, Median +0.56%, Excess +0.69%, Beat mkt rate 43.9%；120-day: Win 56.1%, Sample 41, Median +4.29%, Excess +0.39%, Beat mkt rate 48.8%

120 days after: historical avg +1.68%

20-day +0.45%
60-day +2.4%
120-day +1.68%
20-day
60-day
120-day
Win
56.1%
53.7%
56.1%
Sample
41
41
41
Median
+0.74%
+0.56%
+4.29%
Excess
+0.55%
+0.69%
+0.39%
Beat mkt rate
53.7%
43.9%
48.8%

Over 41 occurrences, 120-day forward avg gained 1.68%, beat the market by 0.39 pts; win rate 56.1%.

Valuation regime and subsequent returns

Each day's PE is converted to its own-history percentile (as of that day), then we look at adjusted-close returns over the next 240 trading days by valuation regime.

PE percentile bandSample days240-day avg returnMedianWin rateAvg excess (vs index)
0-20 879+10.2% +7.2% 75% +0.3%
20-40 542+14.6% +13.5% 90.6% -8.5%
40-60 837+10.7% +7.7% 76.9% -14.4%
60-80 You are here434+10.9% +7.8% 63.1% -4.5%
80-100 266+22.2% +25.5% 94% +20.3%

Percentiles use an expanding own-history window (no look-ahead); forward return is 240 trading days on adjusted close. Sample days overlap; distribution is indicative only.

Current PE ≈ 13.47, at the 69.0th percentile of its own history (60-80 band).

Valuation × momentum historical grid

Every day in its own history is bucketed by valuation tercile (own-history PE) and 60-day momentum sign into six cells; we show adjusted-close returns over the next 120 trading days per cell.

Valuation
Momentum
Cheap (own-history bottom 1/3)
Mid
Expensive (own-history top 1/3)
60-day momentum up
+5.3%
Win rate 74.7% Excess -0.6%
826d
+6.3%
Win rate 72.5% Excess -5.6%
803d
Now
+8.7%
Win rate 68.4% Excess +7.8%
418d
60-day momentum down
+5.6%
Win rate 83.6% Excess -3.1%
483d
+3%
Win rate 55.9% Excess -11.5%
381d
+6.3%
Win rate 70.7% Excess -3.7%
167d

Currently in “Expensive (own-history top 1/3) × 60-day momentum up”: across 418 historical days, 120-day forward avg gained 8.7%, win rate 68.4%, beat the market by 7.8%.

Days = trading days in this bucket; returns use adjusted prices, ex-costs. 60-day momentum: direction of this stock's price over the past 60 trading days.

Does this signal hold up across the market

Over the past 242 months, on average ~404 stocks per month met “monthly revenue YoY ≥ 20%”; their adjusted-close return over the next 60 trading days averaged 6.94% (equal-weighted), beating the market by 2.37 points on average, and outperformed the TAIEX total-return index in 64.5% of months.

Each month, equal-weighted 60-day forward adjusted return of all signal-matching stocks, then averaged across months; excess vs the TAIEX total-return index.

Signals not active (historical stats for reference)

These are not occurring now; historical samples shown for comparison.

Foreign net buying for 5 straight days

Pending

Foreign net flow (ex-dealer) positive for 5 straight days; event on day 5; repeats within 20 days counted once.

73 times historically; 60-day forward avg +3.21%, win rate 63.4%, beating the market by -0.99 pts on average.

What does 臺企銀 do? Company profile

金融保險業／銀行業 TWSE 上市

Overview

代號 2834 對應臺灣中小企業銀行股份有限公司，為臺灣證券交易所上市普通股，非 ETF、ETN、特別股或權證。公司成立於 1950/09/23，上市日期為 1998/01/03，總部位於臺北市大同區塔城街30號。官方企業概況揭露主要業務為存款、授信、外匯、投資、信託、個人理財等金融業務；實收資本額 NT$97,180,618,490；員工人數 5,580 人；股票過戶機構為元大證券；簽證會計師事務所為安侯建業聯合會計師事務所。經營團隊方面，官方經營團隊頁面顯示董事長為李嘉祥，2025/04/10 就任；總經理為李國忠，2024/08/26 就任；副總經理兼發言人為曾國樑。2024 年報揭露截至 2025/02/28 前十大股東包含臺灣銀行 16.21%、行政院國家發展基金管理會 5.87%、臺灣土地銀行 2.29%、財政部 2.08%、臺灣企銀員工持股信託專戶 1.05%、外資保管戶與基金專戶、吉祥投資等；臺灣銀行母公司臺灣金控由財政部 100% 持有，臺灣土地銀行亦由財政部 100% 持有，因此公司具明顯公股銀行色彩。

Business

臺企銀定位為全國唯一中小企業專業銀行，核心商業模式是以存款與金融債等資金來源，承作企業金融、個人金融、外匯、財富管理、信託、證券經紀、資金運籌與數位金融服務，主要收益來自利息淨收益與手續費／投資等利息以外淨收益。2024 年報顯示 2024 年合併利息淨收益為 191.16 億元，利息以外淨收益為 149.99 億元，稅後淨利 112.37 億元；獲利增加主要來自利息淨收益與手續費淨收益增加。業務量方面，2024 年企金放款合計 1兆1,864.65 億元，其中新臺幣中小企業放款 7,847.38 億元、占企金放款 66.14%，大企業放款 1,638.19 億元、政府及公營事業放款 674.48 億元、外幣放款 1,704.60 億元；個人授信合計 4,489.85 億元，其中房貸 3,443.38 億元、占個人授信 76.69%。財富管理與保險代理 2024 年手續費收入合計 35.73 億元，其中壽險手續費收入 28.63 億元、占 80.13%，信託基金手續費收入 6.62 億元、占 18.54%。信託業務含特定金錢信託、保管銀行與不動產／安養／員工持股等信託；數位金融 2024 年底網銀客戶 181.82 萬戶、行動銀行客戶 120.82 萬戶、數位金融交易 2,001.55 萬筆。主要客戶為中小企業、一般企業、政府與公營事業、房貸及消金客戶、財富管理與信託客戶；終端應用包含營運週轉、資本支出、進出口貿易、房貸、理財、保險、支付與數位金融。

Outlook 2025–2028

2025-2028 年展望以中小企業授信、利差管理、財富管理、海外業務、數位金融與風險控管為主軸。公司 2024 年報列示 2025 年營業計畫：發展多元收益、改善存放結構、擴大個金事業群、加強海外業務、推動數位金融與 AI 轉型、積極開發新中小企業戶、完善產品線、嚴控風險指標、提升資產品質與資本使用效益。2025 年預期營業目標為存款年平均餘額 21,028.98 億元、放款年平均餘額 16,413.83 億元、外匯承作量 704.40 億美元。2026 年 3 月法說會新聞顯示 2025 年合併稅後淨利 122.32 億元、年增 8.85%，EPS 1.26 元，創歷史新高；管理層規畫申請財富管理 2.0 業務並進駐亞洲資產管理中心高雄專區，股利政策仍以股票股利為主並搭配部分現金股利。2026 年第 1 季法說會新聞顯示，首季稅後淨利 34.38 億元，年增約 17%，EPS 0.35 元；主要動能來自利息淨收益、存款結構優化、資金成本下降與海外業務，總存放利差由去年同期 1.13% 提升至 1.26%，NIM 提升至 0.88%；財富管理手續費淨收益亦成長，後續將籌備高資產業務申請與亞灣金融專區進駐。成長動能包含：AI 與半導體供應鏈投資帶動中小企業與科技產業融資需求；海外分行與外幣放款、聯貸業務擴張；高齡化與資產傳承需求支撐信託與財管；數位帳戶、行動銀行、企業網銀、線上貸款與 AI 智能助理提升交叉銷售及營運效率；ESG／綠色金融、都更、五大信賴產業與政策性貸款帶來利基。主要風險包含：美國關稅與全球供應鏈重組壓抑出口及中小企業授信品質；國內房市管制及房價循環造成房貸成長與抵押品風險；降息循環可能壓縮資產收益率與淨利差；國內銀行在中小企業放款與財管市場競爭激烈；資本適足率、法遵、資安、AML、雲端委外與 AI 治理要求提高成本；海外業務受匯率、地緣政治與當地監理影響。2027-2028 年因公司尚未公開具體量化目標，本段為基於已揭露策略與銀行產業趨勢的推估，較可確認的方向是財管 2.0、高資產客戶、海外業務、數位 AI 與中小企業主業延續，獲利變化仍取決於利率循環、授信品質與資本規畫。

Supply Chain

Upstream
  • 存款戶與企業資金客戶 銀行主要資金來源之一，包含個人、企業與公部門存款；非單一上市櫃公司。
  • 金融債投資人與同業資金市場 提供中長期資金、流動性與資本工具來源；2024 年報列示公司曾發行主順位及次順位金融債，非單一企業供應商。
  • 中央銀行與金融監督管理委員會 非商業供應商，但為銀行業流動性、利率、資本與監理環境的關鍵上游制度來源；政府機關，未上市。
  • 壽險、投信、境外基金與海外債商品供應商 臺企銀財富管理、保險代理與信託商品的重要產品來源；包含多家金融機構，未能由公開資料確認單一主要供應商名單。
  • 金融資訊、資安、雲端與核心系統服務商 支援網銀、行動銀行、AI、AML、資安與核心銀行系統；公開資料未揭露主要供應商明細。
Downstream
  • 中小企業客戶 核心下游客群；2024 年新臺幣中小企業放款餘額 7,847.38 億元，占企金放款 66.14%，非單一上市櫃公司。
  • 大企業、政府及公營事業授信客戶 企金放款下游客群；2024 年大企業放款 1,638.19 億元、政府及公營事業放款 674.48 億元，公開資料未列主要客戶。
  • 個人房貸與消費金融客戶 個人金融下游客群；2024 年房貸餘額 3,443.38 億元、其他個人授信及消費性貸款合計約 1,046.47 億元。
  • 財富管理、保險、信託與證券客戶 手續費收入下游客群；需求來自基金、壽險、海外債、ETF、黃金存摺、安養信託、保管與證券經紀等服務。
  • 海外台商與跨境貿易客戶 透過 OBU 與海外分行承作外幣放款、聯貸、外匯與貿易金融；公開資料未列主要客戶。

Competitors

Sources（10）

This company profile is compiled from public sources (annual reports, filings, news and analyst reports), not finlab backtest data; the 2025–2028 outlook contains forward-looking estimates and is for reference only.

Method and limitations

  • All returns use adjusted close (etl:adj_close), already adjusted for dividends and splits.
  • Excess return is measured against the TAIEX total-return index (dividends included).
  • Valuation regime and percentile stats use an expanding own-history window (no future data).
  • Revenue-signal event dates align to the first trading day after the filing deadline, avoiding look-ahead.
  • Event samples may overlap in time; stats describe historical distribution only and are less reliable when samples are few.

This page is historical statistics for educational purposes and is not investment advice. Investing involves risk; past performance does not indicate future results. Assess and bear the risk yourself before trading.