Union Bank of the Philippines (PSE:UBP)

PSE:UBP Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	128,060	88,790	112,032	137,553	138,630
Investment Securities	362,961	230,401	220,135	231,144	180,148
Trading Asset Securities	10,295	5,235	8,172	5,430	15,695
Total Investments	373,256	235,636	228,307	236,575	195,843
Gross Loans	-	511,776	463,153	325,681	314,443
Allowance for Loan Losses	-	-19,166	-14,039	-13,435	-10,474
Other Adjustments to Gross Loans	-	-2,742	-2,236	-1,417	-1,529
Net Loans	-	489,868	446,879	310,829	302,440
Property, Plant & Equipment	11,001	10,193	8,707	6,143	6,249
Goodwill	53,993	53,993	53,993	14,819	15,349
Other Intangible Assets	-	22,684	-	6,325	4,851
Loans Held for Sale	522,656	-	-	-	-
Investments in Real Estate	9,790	8,592	8,259	8,673	8,922
Accrued Interest Receivable	-	11,061	9,970	6,341	6,912
Other Receivables	-	14,553	11,161	8,316	6,162
Restricted Cash	-	56,967	62,264	46,511	42,730
Other Current Assets	-	15,668	11,617	14,842	10,234
Long-Term Deferred Tax Assets	-	9,680	-	6,980	7,358
Other Long-Term Assets	46,685	126,229	139,699	26,809	28,561
Total Assets	1,145,441	1,145,143	1,092,886	831,095	774,459
Accounts Payable	-	14,716	15,399	5,799	5,028
Accrued Expenses	-	8,707	7,872	4,263	3,809
Interest Bearing Deposits	676,323	712,568	711,304	570,501	527,785
Total Deposits	676,323	712,568	711,304	570,501	527,785
Short-Term Borrowings	162,256	156,214	134,394	51,918	54,971
Current Portion of Long-Term Debt	-	-	8,097	31,280	-
Current Income Taxes Payable	-	860.07	1,045	613.12	711
Accrued Interest Payable	-	3,472	1,802	787.45	757.58
Other Current Liabilities	-	12,394	11,581	8,021	10,481
Long-Term Debt	57,566	50,494	43,547	38,574	59,854
Long-Term Leases	-	1,551	1,425	1,383	1,220
Long-Term Unearned Revenue	-	590.26	715.71	733.33	733.33
Pension & Post-Retirement Benefits	-	1,572	999.01	1,026	1,182
Other Long-Term Liabilities	53,229	6,380	6,493	3,982	2,777
Total Liabilities	949,373	969,518	944,672	718,882	669,307
Common Stock	33,164	23,538	21,421	12,194	12,185
Additional Paid-In Capital	64,368	57,769	47,950	14,215	14,215
Retained Earnings	100,799	91,262	93,252	84,921	79,741
Treasury Stock	-	-2.1	-	-	-
Comprehensive Income & Other	-3,123	2,424	-15,254	106.32	-1,779
Total Common Equity	195,208	174,991	147,369	111,436	104,362
Minority Interest	859.99	634.26	844.71	777.3	790.69
Shareholders' Equity	196,068	175,625	148,214	112,213	105,152
Total Liabilities & Equity	1,145,441	1,145,143	1,092,886	831,095	774,459
Total Debt	219,822	208,259	187,462	123,155	116,044
Net Cash (Debt)	-81,467	-114,234	-67,258	43,249	55,026
Net Cash Growth	-	-	-	-21.40%	-
Net Cash Per Share	-25.61	-38.48	-26.41	20.03	28.44
Filing Date Shares Outstanding	3,233	2,989	2,989	1,937	1,936
Total Common Shares Outstanding	3,233	2,989	2,720	1,936	1,934
Book Value Per Share	60.38	58.54	54.17	57.57	53.95
Tangible Book Value	141,215	98,315	93,377	90,292	84,162
Tangible Book Value Per Share	43.68	32.89	34.32	46.64	43.51

Source: S&P Capital IQ. Banks template. Financial Sources.