Union Bank Of Taiwan · TWSE:2838
Union Bank Of Taiwan — Q3 2021 Earnings Presentation
19 slides from Union Bank Of Taiwan's earnings presentation, Nov 12, 2021
Slide 1: Union Bank of Taiwan Financial Results of 3Q21
Union Bank of Taiwan Financial Results of 3Q21 November 12th, 2021 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 3Q21
Financial Highlights of 3Q21 Steady growth of business Net income for the month ended September 30, 2021, was 3,568 million, compare with 2,474 million in 3Q20, increased 44.22% YoY, Operating revenue was 12,306 million, compare with 10,572 million in 3Q20 , increased 16.40% YoY. EPS was 0.94
Slide 4: Revenue and profit - Consolidated
Revenue and profit- Consolidated NT$ mn, % Items 3Q21* 3Q20 Diff. %* Net interest income 6,447 5,648 +14.15% Net fee income 2,159 2,116 +2.03% Net other income 3,700 2,808 +31.77% Operating revenue 12,306 10,572 +16.40% Pre-Tax Income 4,079 2,823 +44.50% Net Income 3,568 2,474 +44.22% EPS (in NT$dol
Slide 5: Net Revenue Breakdown - Consolidated
Net Revenue Breakdown- Consolidated NT$ mn NT$ mn, % 12,306 12,732 13,866 14,430 12,306 12,000 10,572 28.33% 33.69% 27.50% 30.07% 9,000 19.03% 19.55% 17.54% 19.59% 6,000 3,000 52.64% 46.72% 52.95% 52.39% 0 3Q20 3Q21 2018 2019 2020 3Q21 NII% Fee Income% Other Income% Operating Revenue 3Q21 are un-a
Slide 6: Financial Performance - Consolidated
Financial Performance- Consolidated NT$ mn Operating Revenue 13,866 14,430 12,732 12,306 2018 2019 2020 3Q21 Net Income NT$ mn EPS NT$ dollar 3,371 3,442 3,568 1.00 2,955 0.96 0.93 0.94 2018 2019 2020 3Q21 2018 2019 2020 3Q21 3Q21 are un-audited numbers 6
Slide 7: Operating revenue analysis - Alone
Operating revenue analysis- Alone NT$ mn,% 41.13% 35.22% Consumer 22.24% 20.66% 21.92% Corporate Busibess Business 14.85% 15.62% 13.45% 7.03% 7.88% 14.85% 35.22% Corporate Consumer Trust & Ｗealth Investment Others Business Business Mgmt. 3Q21 3Q20 Others 20.66% 3Q21 3Q20 Items Diff.Amt revenues reve
Slide 8: Business Performance
Business Performance NT$ mn, % 201 欄 Items 2021.9.30 2020.9.30 Diff.Amt Diff. % 9.63 1 Total deposits (avg. bal.) 649,658 581,352 68,306 11.75% Demand deposits 301,509 249,011 52,498 21.08% Time deposits 262,963 251,035 11,928 4.75% Foreign exchange deposits 85,186 81,306 3,880 4.77% Total Loans (av
Slide 9: Deposits analysis
Deposits analysis Total deposits（avg. bal.） YoY Comparison TWD$649.7 billion NT$ bn Foreign exchange deposits, 13.11% 301.5 Time deposits, 263.0 251.0 249.0 40.48% Demand deposits, 46.41% 85.2 81.3 Demand deposits Time deposits Foreign exchange deposits 9M21 9M20 Preliminary figures of Sep. 2021 9
Slide 10: Deposits balance steady growth
Deposits balance steady growth Demand Deposits Time Deposits YOY YOY NT$ mn +2.45% +18.53% 313,233 323,905 337,461 307,766 307,581 284,694 306,037 305,737 246,764 219,547 237,291 300,180 295,425 292,443 Dec. Sep. Dec. Sep. Dec. Jun. Sep. 2018 2019 2019 2020 2020 2021 2021 Dec. 2018Sep. 2019Dec. 2019
Slide 11: Loans analysis
Loans analysis Total Loans YoY Comparison TWD$447.8 billion NT$ bn Government, Large Corporate, 320.6 5.6% 285.1 1.2% SME, 21.6% 96.8 81.0 Individual, 25.2 39.4 5.2 3.9 71.6% Government Large SME Individual Corporate Preliminary figures of Sep. 2021 9M21 9M20 11
Slide 12: Loans balance steady growth
Loans balance steady growth Corporate Loans Consumer Loans NT$ mn 267,403 274,762 154,711 157,889 249,749 142,733 239,643 134,599 139,420 128,311 210,727 219,456 119,073 194,336 2018 9M19 2019 9M20 2020 6M21 9M21 2018 9M19 2019 9M20 2020 6M21 9M21 Government Loans is excluded from Corporate Loans.
Slide 13: Business Performance (Cards)
Business Performance Cards, NT$ Mn,% Jan. to Sep. Jan. to Sep. Items Diff. Amt Diff. % 2021 2020 Valid cards in 6 months 1,289,698 1,315,903 (26,205) (1.99%) Cards outstanding 2,207,397 2,231,943 (24,546) (1.10%) Operating income 2,732 2,343 389 16.60% Value of transactions 73,704 71,302 2,402 3.37%
Slide 14: Credit Card Business Breakdown
Credit Card Business Breakdown Active Cards Thousand Card,% Cards Consumption NT$ mn 4.10% 1,316 1,323 1,350 3.40% 99,456 48,661 120,000 1,323 4.05% 1,290 92,555 71,786 100,000 1,267 1,300 3.20% 90,312 74,176.00 1,175 4.05% 3.27% 4.00% 80,000 4.01% 1,250 3.00% 3.10% 3.95% 3.97% 3.97% 3.99% 3.91% 3.2
Slide 15: NIM and Spread - Alone
NIM and Spread- Alone 1.40% 1.38% 1.47% 1.41% 2.12% 2.15% 1.98% 1.88% 1.26% 1.24% 1.21% 1.21% 0.72% 0.77% 0.58% 0.41% 2018 2019 2020 3Q21 2018 2019 2020 3Q21 Overall Lending Rate Overall Deposit Rate Interest Spread NIM 3Q21 are un-audited numbers 15
Slide 16: Assets Quality
Assets Quality NPL NPL Ratio NT$ mn,% 0.15% 0.15% 0.14% 0.14% 0.14% 700 703 0.12% 600 649 606 573 583 500 400 401 300 200 100 0 2018 2019 3Q20 2020 2Q21 3Q21 2018 2019 3Q20 2020 2Q21 3Q21 3Q21 are un-audited numbers 16
Slide 17: Assets Quality (Conti.)
Assets Quality (Conti.) NT$ mn, NT$ mn,% % 6,000 1200.00% 5,351 5,500 959.79% 4,778 5,000 1000.00% 4,500 4,299 3,853 749.68% 761.32% 4,000 788.94% 800.00% 3,500 3,000 623.24% 680.68% 600.00% 651.78% 2,500 575.44% 2,000 400.00% 1,500 1,000 200.00% 500 0 0.00% 2018 2019 2020 3Q21 Allowance for bad deb
Slide 18: Risk Weighted Assets
Capital Adequacy NT$ thousand Risk Weighted Assets 2018 2019 2020 6M21 9M21 Risk Weighted Assets 343,502,955 376,603,339 411,994,724 401,791,662 408,035,132 Common share 33,172,535 37,440,298 40,774,470 43,105,240 43,974,396 Other tier 1 capital 11,720,972 11,559,375 12,096,138 12,622,012 12,572,514
Slide 19: Capital Adequacy Ratio
Capital Adequacy Ratio 15.86% 15.69% 14.32% 14.70% 14.80% 1.99% 1.83% 1.25% 1.69% 1.97% 3.14% 3.08% 3.41% 3.07% 2.93% 9.94% 9.90% 10.73% 10.78% 9.66% 2018 2019 2020 6M21 9M21 CET1 Ratio Other Tier 1 Ratio Tier 2 Ratio Preliminary figures of Sep. 2021 BIS of Union Bank standalone. 19