PSE:UBP Income Statement

Financials in millions PHP. Fiscal year is January - December.

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	64,384	64,511	60,587	36,831	27,696
Interest Income on Investments	19,976	19,229	17,975	13,694	8,631
Total Interest Income	84,360	83,740	78,562	50,525	36,328
Interest Paid on Deposits	9,438	12,493	15,788	6,022	2,968
Interest Paid on Borrowings	10,675	13,218	10,798	5,602	3,545
Total Interest Expense	20,113	25,712	26,586	11,623	6,512
Net Interest Income	64,247	58,028	51,976	38,901	29,815
Net Interest Income Growth (YoY)	10.72%	11.64%	33.61%	30.48%	3.78%
Income From Trading Activities	1,148	1,536	918.65	-181.4	217.94
Gain (Loss) on Sale of Assets	633.06	521.34	1,027	1,209	-25.58
Gain (Loss) on Sale of Investments	590.92	-	22.7	100.22	8,615
Other Non-Interest Income	16,610	17,773	15,710	12,171	6,493
Total Non-Interest Income	18,981	19,831	17,678	13,299	15,301
Non-Interest Income Growth (YoY)	-4.28%	12.17%	32.93%	-13.08%	14.68%
Revenues Before Loan Losses	83,229	77,859	69,654	52,200	45,116
Provision for Loan Losses	21,156	17,908	12,917	4,068	5,811
Revenue	62,072	59,951	56,737	48,132	39,304
Revenue Growth (YoY)	3.54%	5.66%	17.88%	22.46%	16.66%
Salaries and Employee Benefits	15,599	14,120	13,558	10,003	8,647
Occupancy Expenses	3,834	2,842	2,666	1,860	1,624
Selling, General & Administrative	5,558	6,058	6,271	3,452	2,099
Other Non-Interest Expense	21,861	20,620	21,172	15,474	11,029
Total Non-Interest Expense	46,852	43,640	43,668	30,790	23,398
EBT Excluding Unusual Items	15,220	16,311	13,069	17,342	15,906
Asset Writedown	-486.23	-308.71	-916.62	-374.54	-318.64
Legal Settlements	-535.5	-319.27	-303.58	-183.73	-73.38
Pretax Income	14,199	15,683	11,849	16,784	14,985
Income Tax Expense	4,197	3,653	2,644	4,039	2,407
Earnings From Continuing Operations	10,002	12,030	9,205	12,745	12,578
Minority Interest in Earnings	-60.93	-99.77	-132.34	-143.97	-52.36
Net Income	9,941	11,930	9,072	12,601	12,525
Net Income to Common	9,941	11,930	9,072	12,601	12,525
Net Income Growth	-16.67%	31.50%	-28.00%	0.60%	8.41%
Basic Shares Outstanding	3,316	3,180	2,968	2,547	2,160
Diluted Shares Outstanding	3,316	3,180	2,968	2,547	2,160
Shares Change (YoY)	4.29%	7.13%	16.55%	17.93%	11.64%
EPS (Basic)	3.00	3.75	3.06	4.95	5.80
EPS (Diluted)	3.00	3.75	3.06	4.95	5.80
EPS Growth	-20.10%	22.75%	-38.23%	-14.70%	-2.89%
Dividend Per Share	1.000	1.000	0.800	1.575	2.205
Dividend Growth	-	25.00%	-49.20%	-28.57%	-
Effective Tax Rate	29.56%	23.30%	22.32%	24.07%	16.06%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.