Union Bank Of Taiwan · TWSE:2838
Union Bank Of Taiwan — H1 2020 Earnings Presentation
20 slides from Union Bank Of Taiwan's earnings presentation, Aug 4, 2020
Slide 1: Financial Results of 1H20
Union Bank of Taiwan Financial Results of 1H20 August 4th, 2020 1
Slide 2: Financial Highlights of 1H20
Financial Highlights of 1H20 Steady growth of business Total deposits (avg. balance) was increased 9.24% YoY . Total loans (avg. balance) was increased 8.69% YoY. Valid cards in 6 months was increased 10.68% YoY. Operating income was increased 13.48% YoY. Capital is adequate and robust
Slide 3: Revenue and profit- Consolidated
Revenue and profit- Consolidated NT$ mn, % Items 2Q20* 2Q19 Diff. %* Net interest income 3,744 3,203 +16.89% Net fee income 1,375 1,252 +9.82% Net other income 1,621 2,203 -26.42% Operating revenue 6,740 6,658 +1.23% Pre-Tax Income 1,583 1,791 -11.61% Note： Gobal equity market in the first half of
Slide 4: Net Revenue Breakdown- Consolidated
Net Revenue Breakdown- Consolidated NT$ mn NT$ mn, % 12,471 12,732 13,866 6,740 9,000 6,740 28.72% 28.33% 24.05% 6,658 33.69% 6,000 20.40% 18.43% 19.03% 19.59% 3,000 52.85% 52.64% 55.55% 46.72% 0 2Q19 2Q20 2017 2018 2019 2Q20 Operating Revenue NII% Fee Income% Other Income%
Slide 5: Financial Performance- Consolidated
Financial Performance- Consolidated NT$ mn Operating Revenue 13,866 12,471 12,732 6,740 2017 2018 2019 2Q20 Net Income NT$ mn EPS NT$ dollar 3,371 2,955 1.02 1.00 1.00 2,766 0.41* 0.16 1,268 0.25 2017 2018 2019 2Q20 2017 2018 2019 2Q20 Without considering the declaration of cash dividend of prefer
Slide 6: Operating revenue analysis- Alone
Operating revenue analysis- Alone 42.85% NT$ mn,% 38.33% 30.13%31.26% 17.67% 16.89% 15.55% Consumer 7.81% Corporate Busibess 2.32% Business 16.89% 42.85% -2.81% Others Corporate Consumer Trust & Ｗealth Investment Others Business Business Mgmt. 7.81% 2Q20 2Q19 Investment 2.32% 2Q20 2Q19 Items Diff.Am
Slide 7: Business Performance
Business Performance NT$ mn, % 20 欄 Items 2020.6 2019.6 19 Diff.Amt Diff. % 1 .6 Total deposits (avg. bal.) 561,124 513,651 47,473 9.24% Demand deposits 238,204 206,940 31,264 15.11% Time deposits 245,978 236,876 9,102 3.84% Foreign exchange deposits 76,942 69,835 7,107 10.18% Total Loans (avg. bal.
Slide 8: Deposits analysis
Deposits analysis Total deposits（avg. bal.） YoY Comparison TWD$561.1 billion NT$ bn Foreign exchange deposits, 13.71% 238.2 246.0 236.9 206.9 Time deposits, Demand deposits, 43.84% 42.45% 76.9 69.8 Demand deposits Time deposits Foreign exchange deposits 6M20 6M19 8
Slide 9: Deposits balance steady growth
Deposits balance steady growth Demand Deposits YoY Time Deposits YoY + 3.25% NT$ mn +16.64% 265,967 300,180 289,524 292,443 298,939 246,764 219,547 228,031 245,310 249,964 205,242 208,826 Dec. 2017 Jun. 2018 Dec. 2018 Jun. 2019 Dec. 2019 Jun. 2020 Dec. 2017 Jun. 2018 Dec. 2018 Jun. 2019 Dec. 2019 Ju
Slide 10: Loans analysis
Loans analysis Total Loans YoY Comparison TWD$391.5billion NT$ bn Government, 278.1 Large Corporate, 7.6% 250.7 2.0% SME, 19.4% 75.7 66.0 Individual, 29.9 29.7 7.8 14.8 71.0% Government Large SME Individual Corporate 6M20 6M19 10
Slide 11: Loans balance steady growth
Loans balance steady growth Corporate Loans Consumer Loans NT$ mn 232,120 219,456 205,209 194,336 179,956 168,173 137,930 134,599 119,073 127,156 112,673 106,295 2017 6M18 2018 6M19 2019 6M20 2017 6M18 2018 6M19 2019 6M20 Government Loans is excluded from Corporate Loans. 11
Slide 12: Business Performance (Cards)
Business Performance Cards, NT$ Mn,% Items 1H19 1H18 Diff. Amt Diff. % Valid cards in 6 months 1,307,595 1,181,425 126,170 10.68% Cards outstanding 2,192,562 2,070,500 122,062 5.90% Operating income 1,549 1,365 184 13.48% Value of transactions 44,985 44,832 153 0.34% Value of acquiring 31,332 31,026
Slide 13: Credit Card Business Breakdown
Credit Card Business Breakdown Active Cards Thousand Card,% Card Consumption NT$mn 4.11% 3.27% 3.10% 2.85% 3.21% 4.05% 90,312 92,555 1,267 1,308 86,566 1,153 1,175 3.97% 3.97% 45,289 2017 2018 2019 6M20 2017 2018 2019 6M20 Active Cards Market Share-5M20 Card consumption Market Share-5M20 Per Card Sp
Slide 14: NIM and Spread- Alone
NIM and Spread- Alone 1.46% 1.40% 1.41% 1.38% 2.13% 2.12% 2.15% 2.08% 1.33% 1.26% 1.26% 1.24% 0.72% 0.77% 0.67% 0.66% 2017 2018 2019 2Q20 2017 2018 2019 2Q20 Overall Lending Rate Overall Deposit Rate Interest Spread NIM 14
Slide 15: Assets Quality
Assets Quality NPL NPL Ratio NT$ mn,% 0.16% 0.15% 700 0.14% 0.13% 600 638 0.12% 0.12% 500 573 528 400 444 383 401 300 200 100 0 2017 2Q18 2018 2Q19 2019 2Q20 2017 2Q18 2018 2Q19 2019 2Q20 15
Slide 16: Assets Quality (Conti.)
Assets Quality (Conti.) NT$ mn, NT$ mn,% % 5,000 1400.00% 4,559 4,500 4,299 1200.00% 1168.83% 3,853 4,000 3,402 959.79% 1000.00% 3,500 3,197 887.26% 749.68% 3,000 714.40% 800.00% 2,500 575.44% 651.78% 600.00% 2,000 502.93% 492.92% 563.14% 1,500 400.00% 1,000 200.00% 500 0 0.00% 2016 2017 2018 2019 2
Slide 17: Risk Weighted Assets
Capital Adequacy NT$ thousand Risk Weighted Assets 2017 2018 2019 6M20 Risk Weighted Assets 316,857,171 343,502,955 376,603,339 403,674,215 Common share 31,867,478 33,172,535 37,440,298 38,348,083 Other tier 1 capital 12,146,864 11,720,972 11,559,375 12,097,040 Tier 2 capital 5,726,391 4,310,985 6,3
Slide 18: Capital Adequacy Ratio
Capital Adequacy Ratio 15.70% 14.32% 14.70% 14.33% 1.81% 13.92% 13.36% 1.25% 1.69% 1.62% 1.83% 1.25% 3.83% 3.41% 3.07% 3.37% 3.00% 3.00% 10.06% 9.66% 9.94% 9.50% 8.93% 9.11% 2017 6M18 2018 6M19 2019 6M20 CET1 Ratio Other Tier 1 Ratio Tier 2 Ratio 18
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 Since 2017, we have not only conducted various campaigns of NFC payments but also explored recent QR code payments , which helps us gain lots of great rep
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