Union Bank Of The Philippines · PSE:UBP

Union Bank Of The Philippines — Q1 2013 Earnings Presentation

11 slides from Union Bank Of The Philippines's earnings presentation, 2013

  1. Slide 1: Financial & Operating Results

    FINANCIAL & OPERATING RESULTS Period Covered: First Quarter of 2013 Justo A. Ortiz Chairman and CEO

  2. Slide 2: Hefty trading gains and sharp increase in income from subsidiaries propel net income to record-quarterly level

    Hefty trading gains and sharp increase in income from subsidiaries propel net income to record-quarterly level Net Income In million pesos 4,002 41% 2,843 3M 2012 3M 2013

  3. Slide 3: Sustained improvement in funding costs and expansion in earning assets drove increase in net interest income

    Sustained improvement in funding costs and expansion in earning assets drove increase in net interest income Net Interest Income In million pesos 1,769 1,884 7% 3M 2012 3M 2013 Earning Asset Net Interest Margin ADB in billion pesos 450 100.0% 400 87.4% 87.1% 95.0% 90.0% 350 85.0% 3.38% 3.41% 300 246

  4. Slide 4: Trading gains spur growth in non-interest income

    Trading gains spur growth in non-interest income Non-interest Income In Billion Pesos 3,908 143 +21% 3,204 170 +55% 32 -79% 118 110 150 3,371 +27% 2,648 22% 178 192 +8% 3M 2012 3M 2013 Service charges, fees & commissions Trading gain/losses - net FX gains/losses Dividend Income Miscellaneous

  5. Slide 5: Higher levels of low cost funds sustained drop in funding costs

    Higher levels of low cost funds sustained drop in funding costs Deposits ADB in billion pesos 196 195 Mar 2012 Mar 2013 Peso CASA Deposits ADB in billion pesos 80 27% 31% 40% 30% 70 61 20% 52 60 10% 0% 50 -10% 40 17% -20% -30% 30 -40% 20 -50% Mar 2012 Mar 2013

  6. Slide 6: Sustained growth in consumer lending coupled with renewed demand for corporate loans supported credit portfolio expansion

    Sustained growth in consumer lending coupled with renewed demand for corporate loans supported credit portfolio expansion Credit Portfolio ADB in billion pesos 93 82 16 +23% 13 3 3 21 -13% 24 13% 29 +26% 23 7 +40% 5 12 15 +25% 2 2 Mar 2012 Mar 2013 Credit Card Mortgage Auto Loans Corporate Commercia

  7. Slide 7: Growth in operating expenses down to single-digit

    Growth in operating expenses down to single-digit Operating Expense In million pesos 1,851 1,706 9% 3M 2012 3M 2013

  8. Slide 8: Record-quarterly earnings raised key financial ratios further

    Record-quarterly earnings raised key financial ratios further Return on Equity 28.6% Revenue to Expense 25.6% 2.9 3.1 3M 2012 3M 2013 Return on Average Asset 3M 2012 3M 2013 4.8% 4.3% 3M 2012 3M 2013

  9. Slide 9: CitySavings acquisition marginally impacts capital ratio

    CitySavings acquisition marginally impacts capital ratio Capital Adequacy Ratios 20.7% 19.7% 18.2% 18.4% 18.0% 16.9% 15.9% 15.3% Dec 2011 Dec 2012 Mar 2012 Mar 2013 CAR Tier 1

  10. Slide 10: UBP stock trailing the stock market and financial sector indices

    UBP stock trailing the stock market and financial sector indices Re-based Stock Performance 3/31/2012 – 3/31/2013 150 130 110 90 70 Source: Bloomberg, 3/31/12= 100 50 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 UnionBank Financial Index PSEi

  11. Slide 11: Financial & Operating Results

    FINANCIAL & OPERATING RESULTS Period Covered: First Quarter of 2013 Justo A. Ortiz Chairman and CEO

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