Union Bank Of Taiwan · TWSE:2838
Union Bank Of Taiwan — Q3 2020 Earnings Presentation
20 slides from Union Bank Of Taiwan's earnings presentation, Nov 10, 2020
Slide 1: Union Bank of Taiwan Financial Results of 3Q20
Union Bank of Taiwan Financial Results of 3Q20 November 10th, 2020 1
Slide 2: Disclaimer
DISCLAIMER This presentation is provided by Union Bank of Taiwan (”UBOT”).The information contained within is not audited or reviewed by any accountant or any independent third party. Users should read this material in conjunction with all other public financial and operational information filed t
Slide 3: Financial Highlights of 3Q20
Financial Highlights of 3Q20 Steady growth of business Net income for the month ended September 30, 2020, was 2,393 million, decreased 3.65% YoY, Operating revenue was 10,534 million, increased 1.60% YoY. EPS was 0.62 in 3Q20, compare with 0.69 in 3Q19 , decreased 10.14% YoY. Net interest in
Slide 4: Revenue and profit- Consolidated
Revenue and profit- Consolidated NT$ mn, % Items 3Q20* 3Q19 Diff. %* Net interest income 5,666 4,786 +18.39% Net fee income 2,112 1,971 +7.15% Net other income 2,756 3,611 -23.68% Operating revenue 10,534 10,368 +1.60% Pre-Tax Income 2,857 2,951 -3.19% 3Q20 are un-audited numbers Note： Gobal equ
Slide 5: Net Revenue Breakdown- Consolidated
Net Revenue Breakdown- Consolidated NT$ mn NT$ mn, % 10,534 12,471 12,732 13,866 10,534 10,368 9,000 28.72% 28.33% 26.16% 33.69% 6,000 18.43% 19.03% 20.05% 19.59% 3,000 52.85% 52.64% 53.79% 46.72% 0 3Q19 3Q20 2017 2018 2019 3Q20 NII% Fee Income% Other Income% Operating Revenue 3Q20 are un-audited
Slide 6: Financial Performance- Consolidated
Financial Performance- Consolidated NT$ mn Operating Revenue 13,866 12,471 12,732 10,534 2017 2018 2019 3Q20 Net Income NT$ mn EPS NT$ dollar 3,371 0.73* 2,955 1.02 1.00 1.00 2,766 0.11 2,393 0.62 2017 2018 2019 3Q20 2017 2018 2019 3Q20 3Q20 are un-audited numbers Without considering the declara
Slide 7: Operating revenue analysis- Alone
Operating revenue analysis- Alone NT$ mn,% 41.13% 37.42% Consumer 21.92% 15.62% 14.84% 17.77% 20.52% Corporate Busibess Business 13.45% 7.88% 9.45% 15.62% 41.13% Corporate Consumer Trust & Ｗealth Investment Others Business Business Mgmt. Others 3Q20 3Q19 21.92% 3Q20 3Q19 Items Diff.Amt revenues reve
Slide 8: Business Performance
Business Performance NT$ mn, % 201 欄 Items 2020.9.30 2019.9.30 Diff.Amt Diff. % 9.63 1 Total deposits (avg. bal.) 581,352 529,639 51,713 9.76% Demand deposits 249,011 214,049 34,962 16.33% Time deposits 251,035 243,612 7,423 3.05% Foreign exchange deposits 81,306 71,978 9,328 12.96% Total Loans (avg
Slide 9: Deposits analysis
Deposits analysis Total deposits（avg. bal.） YoY Comparison TWD$581.3 billion NT$ bn Foreign exchange deposits, 13.98% 249.0 251.0 243.6 214.0 Time deposits, Demand deposits, 43.18% 42.84% 81.3 72.0 Demand deposits Time deposits Foreign exchange deposits 9M20 9M19 Preliminary figures of Sep. 2020 9
Slide 10: Deposits balance steady growth
Deposits balance steady growth Demand Deposits YoY Time Deposits YoY +19.98% + 3.49% NT$ mn 284,694 300,180 295,425 292,443 305,737 219,547 237,291 246,764 245,310 264,541 205,242 214,031 Dec. 2017 Sep. 2018 Dec. 2018 Sep. 2019 Dec. 2019 Sep. 2020 Dec. 2017 Sep. 2018 Dec. 2018 Sep. 2019 Dec. 2019 Se
Slide 11: Loans analysis
Loans analysis Total Loans YoY Comparison TWD$409.4billion NT$ bn Government, 285.1 9.6% Large Corporate, 255.0 1.0% SME, 19.8% 81.0 66.9 Individual, 39.4 29.6 11.2 69.6% 3.9 Government Large SME Individual Corporate Preliminary figures of Sep. 2020 9M20 9M19 11
Slide 12: Loans balance steady growth
Loans balance steady growth Corporate Loans Consumer Loans NT$ mn 239,643 219,456 210,727 186,448 194,336 139,420 168,173 134,599 119,073 128,311 115,596 106,295 2017 9M18 2018 9M19 2019 9M20 2017 9M18 2018 9M19 2019 9M20 Government Loans is excluded from Corporate Loans. Preliminary figures of
Slide 13: Business Performance (Cards)
Business Performance Cards, NT$ Mn,% Jan. to Sep. Jan. to Sep. Items Diff. Amt Diff. % 2020 2019 Valid cards in 6 months 1,315,903 1,228,783 87,120 7.09% Cards outstanding 2,231,943 2,154,600 77,343 3.59% Operating income 2,343 2,092 251 12.00% Value of transactions 71,302 66,995 4,307 6.43% Value o
Slide 14: Credit Card Business Breakdown
Credit Card Business Breakdown Active Cards Card Consumption NT$mn Thousand Card,% 4.11% 3.27% 2.85% 3.19% 4.04% 3.10% 3.97% 3.97% 92,555 1,316 86,566 90,312 1,267 71,786 1,153 1,175 2017 2018 2019 9M20 2017 2018 2019 9M20 Active Cards Market Share-8M20 Card consumption Market Share-8M20 Per Card Sp
Slide 15: NIM and Spread- Alone
NIM and Spread- Alone 1.46% 1.40% 1.40% 1.38% 2.13% 2.12% 2.15% 2.02% 1.33% 1.26% 1.24% 1.24% 0.72% 0.77% 0.67% 0.61% 2017 2018 2019 3Q20 2017 2018 2019 3Q20 Overall Lending Rate Overall Deposit Rate Interest Spread NIM 3Q20 are un-audited numbers 15
Slide 16: Assets Quality
Assets Quality NPL NPL Ratio NT$ mn,% 0.15% 0.15% 700 0.14% 0.13% 600 0.12% 0.12% 573 583 500 556 400 441 383 401 300 200 100 0 2017 3Q18 2018 3Q19 2019 3Q20 2017 3Q18 2018 3Q19 2019 3Q20 3Q20 are un-audited numbers 16
Slide 17: Assets Quality (Conti.)
Assets Quality (Conti.) NT$ mn, NT$ mn,% % 5,000 1200.00% 4,631 4,500 4,298 3,853 1000.00% 4,000 3,402 3,500 959.79% 749.68% 794.23% 800.00% 3,000 887.26% 2,500 600.00% 651.78% 2,000 575.44% 567.03% 492.92% 400.00% 1,500 1,000 200.00% 500 0 0.00% 2017 2018 2019 3Q20 Allowance for bad debts. NPL Cove
Slide 18: Risk Weighted Assets
Capital Adequacy NT$ thousand Risk Weighted Assets 2017 2018 2019 6M20 9M20 Risk Weighted Assets 316,857,171 343,502,955 376,603,339 403,524,459 413,441,409 Common share 31,867,478 33,172,535 37,440,298 38,490,875 38,878,941 Other tier 1 capital 12,146,864 11,720,972 11,559,375 12,099,090 12,094,337
Slide 19: Capital Adequacy Ratio
Capital Adequacy Ratio 15.70% 14.32% 14.70% 14.36% 13.82% 14.19% 1.81% 1.25% 1.69% 1.82% 1.75% 1.86% 3.83% 3.41% 3.07% 3.00% 2.91% 2.93% 10.06% 9.66% 9.16% 9.94% 9.54% 9.40% 2017 2018 9M19 2019 6M20 9M20 CET1 Ratio Other Tier 1 Ratio Tier 2 Ratio Preliminary figures of Sep. 2020 BIS of Union Ban
Slide 20: Strengthening the Mobile Payment Ecosphere
Strengthening the Mobile Payment Ecosphere UBOT has the most complete support and the richest discount NFC Payments： Scan Code Payments： and more Since this Sep., our credit card holders can link their credit cards to OPEN Wallet and purchase at 7-ELEVEN( Including NFC payments and credit cards, L