Union Bank Of Taiwan · TWSE:2838

Union Bank Of Taiwan — Q3 2019 Earnings Presentation

20 slides from Union Bank Of Taiwan's earnings presentation, Nov 12, 2019

  1. Slide 1: Union Bank of Taiwan Financial Results of 3Q19

    Union Bank of Taiwan Financial Results of 3Q19 November 12th, 2019 1

  2. Slide 2: Financial Highlights of 3Q19

    Financial Highlights of 3Q19  Steady growth of business  Total deposits (avg. balance) was increased 11.12% YoY, Total loans (avg. balance) was increased 9.21% YoY.  Valid cards in 6 months was increased 4.64% YoY, New cards was increased 21.71% YoY, Operating income was increased 12.35% YoY, Tel

  3. Slide 3: Revenue and profit- Consolidated

    Revenue and profit- Consolidated NT$ mn, % Items 3Q19 3Q18 Diff. %* Net interest income 4,805 5,075 -5.32% Net fee income 1,970 1,797 +9.63% Net other income 3,531 2,906 +21.51% Operating revenue 10,306 9,778 +5.40% Pre-Tax Income 2,941 2,788 +5.49% Note：Because of application of foreign currency re

  4. Slide 4: Net Revenue Breakdown- Consolidated

    Net Revenue Breakdown- Consolidated NT$ mn, % 12,000 10,306 9,778 10,000 27.33% 28.72% 28.33% 34.26% 8,000 20.18% 18.43% 19.03% 19.12% 6,000 4,000 52.49% 52.85% 52.64% 46.62% 2,000 0 3Q18 3Q19 2016 2017 2018 3Q19 Operating Revenue NII% Fee Income% Other Income% 5

  5. Slide 5: Financial Performance- Consolidated

    Financial Performance- Consolidated Operating Revenue NT$ mn 12,012 12,471 12,732 10,306 2016 2017 2018 3Q19 Net Income NT$ mn EPS NT$ dollar 1.01 1.02 1.07 2,955 0.83 * 2,662 2,766 2,392 0.17 2016 2017 2018 3Q19 2016 2017 2018 3Q19  Without considering the declaration of cash dividend of preferred

  6. Slide 6: Operating revenue analysis- Alone

    Operating revenue analysis- Alone 37.42% 35.38% 3Q19 22.29% 20.52% 17.77% 18.06% 14.84% 14.99% Consumer 37.42% 9.45% 9.28% Business Others 20.52% Corporate Consumer Trust & Investment Others Business Business Ｗealth Mgmt. 3Q19 3Q18 Investment 17.77% NT$ mn 3Q19 3Q18 Items Diff% revenues revenues Cor

  7. Slide 7: Business Performance

    Business Performance NT$ mn, % Items 2019.09 2018.09 Diff. Amt Diff. % Total deposits (avg. bal.) 529,639 476,620 53,019 11.12% Demand deposits 214,049 194,590 19,459 10.00% Time deposits 243,612 214,642 28,970 13.50% Foreign exchange deposits 71,978 67,388 4,590 6.81% Total Loans (avg. bal.) 371,07

  8. Slide 8: Deposits analysis

    Deposits analysis Total deposits（avg. bal.） YoY Comparison TWD$ 529.6 billion NT$ bn Foreign exchange deposits, Demand deposits, +13.51% 13.6% 40.4% +9.97% 243.6 214.0 214.6 194.6 +6.82% 67.4 72.0 Time deposits, Demand deposits Time deposits Foreign exchange 46.0% deposits 9M18 9M19 8

  9. Slide 9: Deposits balance steady growth

    Deposits balance steady growth Demand Deposits YoY Time Deposits YoY +10.87% +11.67% NT$ mn 237,291 300,180 214,031 219,547 295,425 192,697 198,857 205,242 264,541 240,632 237,181 245,310 Dec. 2016 Sep. 2017 Dec. 2017 Sep. 2018 Dec. 2018 Sep. 2019 Dec. 2016 Sep. 2017 Dec. 2017 Sep. 2018 Dec. 2018 Se

  10. Slide 10: Loans analysis YoY Comparison

    Loans analysis Total Loans YoY Comparison TWD$ 362.7 billion NT$ bn Government, Large 8.2% Corporate, 255.0 3.1% 228.1 SME, 18.4% 59.5 66.9 29.7 29.6 Individual, 12.3 11.2 70.3% Government Large Corporate SME Individual 9M18 9M19 10

  11. Slide 11: Loans balance steady growth

    Loans balance steady growth Corporate Loans Consumer Loans NT$ mn 210,727 127,156 128,311 205,209 194,336 119,073 179,956 186,448 115,596 168,173 112,673 163,096 159,117 106,295 154,226 101,270 99,076 94,786 2016 6M17 9M17 2017 6M18 9M18 2018 6M19 9M19 2016 6M17 9M17 2017 6M18 9M18 2018 6M19 9M19 

  12. Slide 12: Business Performance

    Business Performance Cards, NT$ Mn,% Items Jan. to Sep. 2019 Jan. to Sep. 2018 欄1 Diff. Amt 欄2 Diff. % Valid cards in 6 months 1,228,783 1,174,325 54,458 4.64% Cards outstanding 2,154,600 2,105,328 49,272 2.34% New cards 242,173 198,973 43,200 21.71% Operating income 2,092 1,862 230 12.35% Value of

  13. Slide 13: Credit Card Business Breakdown

    Credit Card Business Breakdown Thousand Card,% Card Consumption NT$mn Active Cards 3.20% 4.11% 90,312 2.80% 4.01% 78,284 86,566 2.81% 1,153 1,175 1,181 1,229 3.10% 1,084 67,548 3.27% 3.91% 45,189 3.97% 3.88% 2016 2017 2018 6M19 9M19 2016 2017 2018 6M19 9M19 Active Cards Market Share-8M19 Card consum

  14. Slide 14: NIM and Spread- Alone

    NIM and Spread- Alone NIM 1.50% 1.46% 1.40% 1.38% 2.24% 2.13% 2.12% 2.15% 1.34% 1.33% 1.34% 1.33% 1.26% 1.30% 1.20% 1.28% 0.74% 0.72% 0.77% 0.67% 2016 2017 2018 3Q19 2016 2017 2018 3Q19 Overall Lending Rate Overall Deposit Rate Interest Spread  Income includes the application of foreign currency, 3

  15. Slide 15: Assets Quality

    Assets Quality NPL NPL Ratio NT$ mn,% 700 0.25% 600 0.20% 0.20% 0.19% 599 500 551 556 528 0.15% 0.15% 0.14% 0.13% 0.13% 400 444 441 0.12% 0.12% 383 401 0.10% 300 0.10% 274 200 0.05% 100 0 0.00% 2016 2Q17 3Q19 2017 2Q18 3Q18 2018 2Q19 3Q19 2016 2Q17 3Q17 2017 2Q18 3Q18 2018 2Q19 3Q19  NPL increased

  16. Slide 16: Assets Quality (Conti.)

    Assets Quality (Conti.) NT$ mn, % NT$ mn, % 4,500 4,265 1400.00% 4,000 1168.83% 3,853 1200.00% 3,402 3,500 3,197 959.79% 3,000 887.26% 1000.00% 767.76% 2,500 800.00% 575.44% 594.97% 2,000 600.00% 1,500 502.93% 492.92% 400.00% 1,000 200.00% 500 0 0.00% 2016 2017 2018 3Q19 Allowance for bad debts. NPL

  17. Slide 17: Risk Weighted Assets

    Capital Adequacy NT$ thousand Risk Weighted Assets 2016 2017 2018 6M19 9M19 Regulatory capital 38,935,126 49,740,733 49,204,492 52,064,896 55,127,447 Common share 30,419,225 31,867,478 33,172,535 35,509,292 36,521,621 Other tier 1 capital 1,664,565 12,146,864 11,720,972 11,688,599 11,613,584 Tier 2

  18. Slide 18: Capital Adequacy Ratio

    Capital Adequacy Ratio 15.70% 13.92% 14.32% 13.47% 1.81% 13.50% 13.82% 13.15% 13.00% 13.36% 12.76% 1.25% 1.62% 1.47% 1.25% 1.75% 2.37% 2.11% 3.83% 2.59% 2.08% 3.41% 0.57% 0.70% 3.37% 3.18% 3.00% 2.91% 0.56% 0.70% 10.00% 10.53% 9.98% 10.19% 10.06% 8.93% 9.66% 9.11% 9.16% 8.85% 9M16 2016 6M17 9M17 201

  19. Slide 19: Strengthening the Mobile Payment Ecosphere

    Strengthening the Mobile Payment Ecosphere UBOT has the most complete support and the richest discount NFC Payments： QR Code Payments： and more  We are one of the earliest banks which started using Apple Pay in Taiwan.  We developed the combination of electronic stored value card and wearable devi

  20. Slide 20: 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

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