Union Bank Of The Philippines · PSE:UBP

Union Bank Of The Philippines — FY2013 Earnings Presentation

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

  1. Slide 1: Financial & Operating Results

    FINANCIAL & OPERATING RESULTS Period Covered: 4Q / FY 2013 Justo A. Ortiz Chairman and CEO

  2. Slide 2: Net income growth on account of improvement in net interest income and CitySavings contribution

    Net income growth on account of improvement in net interest income and income contribution from CitySavings Net Income In million pesos 19% 9,029 7,605 1,290 31% 1,691 Q4 2012 Q4 2013 2012 2013

  3. Slide 3: Non interest income propelled by recurring fee income

    Non interest income propelled by recurring fee income Non Interest Income In million pesos 11,321 2,575 9,663 87 +17.6% 1,776 +21.6% 3 74 17% 2,013 1,460 194 689 +31.7% 944 -28.4% 12 +4.0x 523 271 175 824 -12.7% -5.3% 64 22% 6,129 -1.1% 173 6,473 104 +62.5% 1,193 242 -79.7% 658 +3.4x 2,446 +2.8x 196

  4. Slide 4: Deposit base continued to exhibit strong growth

    Deposit base continued to exhibit strong growth Deposits ADB in billion pesos 288 251 20 176 16 76% 43% 269 +64.0% 235 164 176 +27.0% Q4 2012 Q4 2013 2012 2013 UnionBank Subsidiaries Peso CASA Deposits ADB in billion pesos 100 34.1% 30.7% 25.3% 26.7% 40.00% 90 20.00% 80 73 70 2 67 0.00% 54 1 -20.00%

  5. Slide 5: Credit portfolio expanded on the back of robust growth in retail lending

    Credit portfolio expanded on the back of robust growth in retail lending Credit Portfolio – Net of Provisions ADB in billion pesos 111 23% 90 19 +19.0x 1 15 +7.1% 14 8 7 2 -12.5% 3 2 3 23 20 -13.0% 28 +12.0% 25 14 17 +21.4% 2012 2013 Preferreds + Corp. bonds Corporate Commercial Business Line Credit

  6. Slide 6: Operating expenses rose on business expansion

    Operating expenses rose on business expansion Operating Expense In million pesos 9,163 7,472 1,500 +4.5x 336 1,339 907 23% +47.6% +1.5% 1,960 2,196 6,229 6,324 195 12% 522 +2.7X 224 194 -13.4% 1,541 1,480 -4.0% Q4 2012 Q4 2013 2012 2013 Core Bank Taxes Subsidiaries

  7. Slide 7: Key financial ratios maintained at high levels

    Key financial ratios maintained at high levels Return on Equity Revenue to Expense 17.7% 19.1% 2.3 2.2 2012 2013 Return on Average Asset 2012 2013 3.1% 2.6% 2012 2013

  8. Slide 8: Capital ratios remained healthy and well above regulatory requirements

    Capital ratios remained healthy and well above regulatory requirements Capital Adequacy Ratios 20.7% 18.5% 18.0% 16.0% 2012 2013 CAR Tier 1

  9. Slide 9: UnionBank stock outperforms both the PSEi and the Financial Index

    UnionBank stock outperforms both the PSEi and the Financial Index Re-based Stock Performance 12/31/2012 – 12/31/2013 150.0% 130.0% 110.0% 90.0% 70.0% Source: Bloomberg, 12/31/12= 100 50.0% Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 UnionBank PSEi Finan

  10. Slide 10: Financial & Operating Results

    FINANCIAL & OPERATING RESULTS Period Covered: 4Q / FY 2013 Justo A. Ortiz Chairman and CEO

Union Bank of the Philippines — FY2013 Earnings Presentation on 6ix