Union Bank Of Taiwan · TWSE:2838
Union Bank Of Taiwan — Q1 2026 Earnings Presentation
20 slides from Union Bank Of Taiwan's earnings presentation, May 7, 2026
Slide 1: Financial Results of 1Q26
Union Bank of Taiwan Financial Results of 1Q26 May 7th, 2026 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 1Q26
Financial Highlights of 1Q26 Steady growth of business Net income after tax increased 24.94% YoY to NT$ 1,478 million in 1Q26, Net revenue was NT$5,254 million (YoY 12.19%). EPS was 0.37 in 1Q26, compare with 0.30 in 1Q25 , increased 23.33 % YoY. Net interest income was increased 19.25%. (Yo
Slide 4: Solid Growth in Assets and Equity
Solid Growth in Assets and Equity The bank's total assets and shareholders’equity have both recorded steady growth for five consecutive years, primarily driven by the continued expansion of corporate banking, consumer banking, and wealth management. NT$ mn Total Assets Equity 2021 841,589 65,135 202
Slide 5: Revenue and profit - Consolidated
Revenue and profit- Consolidated NT$ mn, % Items 1Q26 1Q25 Diff. %* Net interest income 2,651 2,223 +19.25% Net fee income 1,130 956 +18.20% Net other income 1,473 1,504 -2.06% Net revenue 5,254 4,683 +12.19% Net Income Before Tax 1,790 1,485 +20.54% Net Income After Tax 1,478 1,183 +24.94% EPS (in
Slide 6: Net Revenue Breakdown - Consolidated
Net Revenue Breakdown- Consolidated NT$ mn NT$ mn, % 16,689 15,985 17,935 19,827 20,282 4,683 5,254 5,254 17.65% 29.80% 32.11% 28.05% 34.97% 38.56% 35.13% 4,683 20.78% 18.30% 21.51% 18.46% 20.43% 20.38% 19.69% 61.57% 51.90% 46.57% 47.46% 50.44% 41.75% 44.49% 1Q25 1Q26 2021 2022 2023 2024 2025 1Q25 1
Slide 7: Financial Performance - Consolidated
Financial Performance- Consolidated NT$ mn Net Revenue 19,827 20,719 17,935 16,689 15,985 5,254 2021 2022 2023 2024 2025 1Q26 Net Income After Tax NT$ mn EPS NT$ dollar 1.29 1.11 1.16 6,082 0.95 5,223 0.81 4,463 4,321 3,542 1,478 0.37 2021 2022 2023 2024 2025 1Q26 2021 2022 2023 2024 2025 1Q26 1Q2
Slide 8: Operating revenue analysis - Standalone
Operating revenue analysis- Standalone NT$ mn,% 34.40% 37.63% 35.10% 32.84% 17.52% 18.59% 12.98% Corporate 10.94% Consumer Business, Business, 17.52% 34.40% Corporate Business Consumer Business Trust & Ｗealth Investment & Corporate Mgmt. Others Business 1Q26 1Q25 Investment & Others, Consumer 1Q26 1
Slide 9: Business Performance
Business Performance NT$ mn, % 201 欄 Items 2026.03 2025.03 9.6 Diff.Amt Diff. % 1 3 Total deposits (avg. bal.) 846,687 825,426 21,261 2.58% Demand deposits 370,976 357,175 13,801 3.86% Time deposits 375,185 359,553 15,632 4.35% Foreign exchange 100,526 108,698 (8,172) (7.52%) deposits Total Loans (a
Slide 10: Deposits analysis
Deposits analysis Total deposits（avg. bal.） YoY Comparison TWD$ 846.6 billion NT$ bn Foreign exchange 371.0 375.1 359.5 deposits, 11.87% 357.2 Time deposits, 44.31% Demand deposits, 43.82% 100.5 108.7 Demand deposits Time deposits Foreign exchange Preliminary figures of Mar 2026 deposits 3M26 3M25
Slide 11: Deposits balance steady growth
Deposits balance steady growth Demand Deposits Time Deposits YOY +1.14% YOY 424,490 440,820 432,830 445,850 NT$ mn +3.26% 393,496 360,144 402,227 312,838 395,708 386,153 383,203 364,410 354,939 338,914 2021 2022 2023 2024 3M25 2025 3M26 2021 2022 2023 2024 3M25 2025 3M26 Total Deposits YOY Date End
Slide 12: Loans analysis
Loans analysis Total Loans YoY Comparison TWD$ 630.5 billion NT$ bn Large Corporate, Government, 463.0 449.2 3.2% 0.0% SME, 23.4% 147.7 135.9 Individual, 19.8 18.3 - 2.0 73.4% Government Large SME Individual Corporate Preliminary figures of Mar 2026 3M26 3M25 12
Slide 13: Loans balance steady growth
Loans balance steady growth Corporate Loans Consumer Loans NT$ mn 379,101 371,447 372,862 379,808 350,199 317,712 285,910 268,979 262,222 236,826 243,060 215,967 200,212 166,659 2021 2022 2023 2024 3M25 2025 3M26 2021 2022 2023 2024 3M25 2025 3M26 Government Loans is excluded from Corporate Loans.
Slide 14: Business Performance
Business Performance Cards, NT$ Mn,% Jan. to Mar. Jan. to Mar. Items Diff. Amt Diff. % 2026 2025 Operating income 1,599 1,483 116 7.82% Undue installment balance 6,915 5,061 1,854 36.63% Revolving banlance 6,458 6,277 181 2.88% Issuing sales volume 42,600 42,057 543 1.29% Active cards in 6 months 1,
Slide 15: Credit Card Business Breakdown
Credit Card Business Breakdown Active Cards Thousand Card,% Cards Consumption NT$ mn 2,000 4.80% 4.08% 200,000 4.70% 4.78% 4.73% 4.56% 4.63% 4.09% 3.58% 4.70% 191,946 3.87% 1,776 1,868 1,857 1,849 1,852 1,500 4.30% 172,072 179,372 150,000 3.85% 3.27% 3.22% 3.78% 4.20% 1,300 1,378 1,000 3.80% 100,000
Slide 16: NIM and Spread - Standalone
NIM and Spread- Standalone 2.90% 2.94% 2.84% 2.70% 1.33% 1.31% 2.11% 1.29% 1.28% 1.86% 1.24% 1.59% 1.21% 1.52% 1.50% 1.45% 1.43% 1.33% 1.41% 1.40% 1.35% 1.25% 0.53% 0.59% 2021 2022 2023 2024 2025 1Q26 2021 2022 2023 2024 2025 1Q26 Overall Lending Rate Overall Deposit Rate NIM Interest Spread 1Q26
Slide 17: Assets Quality
Assets Quality NPL NPL Ratio NT$ mn,% 0.29% 2000 0.27% 1800 0.24% 1,840 1,783 1600 0.22% 0.27% 1400 1,562 1200 1,293 1,337 1000 800 0.10% 600 400 499 200 0 2021 2022 2023 2024 2025 1Q26 2021 2022 2023 2024 2025 1Q26 1Q26 are un-audited numbers 17
Slide 18: Assets Quality (Conti.)
Assets Quality (Conti.) NT$ mn, ％ 8,500 1200.00% 8,000 1081.30% 7,703 7,553 7,500 7,180 6,874 1000.00% 7,000 968.74% 6,500 6,224910.46% 935.20% 917.43% 901.61% 6,000 5,396 800.00% 5,500 776.24% 5,000 4,500 537.01% 600.00% 4,000 481.40% 3,500 439.98% 431.98% 410.41% 3,000 400.00% 2,500 2,000 1,500 20
Slide 19: Capital Adequacy
Capital Adequacy NT$ thousand 600,000,000 500,000,000 400,000,000 300,000,000 200,000,000 100,000,000 - 2021 2022 2023 2024 2025 3M26 Risk Weighted Assets 407,195,710 444,044,885 497,090,004 529,430,480 560,245,935 587,620,174 Common share 45,523,219 44,397,652 50,089,913 56,775,204 65,146,711 66,17
Slide 20: Capital Adequacy Ratio
Capital Adequacy Ratio 16.08% 14.95% 15.26% 15.33% 14.73% 14.83% 1.82% 2.08% 1.38% 1.36% 2.02% 2.04% 3.08% 2.32% 2.21% 2.93% 2.46% 2.61% 11.18% 10.72% 11.63% 11.26% 10.00% 10.08% 2021 2022 2023 2024 2025 3M26 CET1 Ratio Other Tier 1 Ratio Tier 2 Ratio Preliminary figures of Mar 2026 BIS of Union