Union Bank of Taiwan (TPE:2838)

Qualtrics International Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	22,807	22,198	19,970	14,963	11,636	11,923
Interest Paid on Deposits	14,244	13,920	11,618	5,121	2,974	4,282
Net Interest Income	8,562	8,278	8,352	9,842	8,662	7,641
Net Interest Income Growth (YoY)	6.11%	-0.89%	-15.14%	13.62%	13.36%	17.96%
Gain (Loss) on Sale of Investments	2,919	5,871	2,218	-686.2	1,328	2,312
Gain (Loss) on Sale of Equity Investments	-41.56	484.2	-20.23	-55.9	-7.49	-50.49
Other Non-Interest Income	7,857	5,193	7,384	6,884	6,706	4,521
Total Non-Interest Income	10,734	11,549	9,583	6,144	8,027	6,789
Non-Interest Income Growth (YoY)	1.32%	20.52%	55.98%	-23.46%	18.23%	-8.11%
Revenues Before Loan Losses	19,296	19,827	17,935	15,985	16,689	14,430
Provision for Loan Losses	949.83	1,107	628.39	499.38	805.82	290.54
Revenue	18,347	18,720	17,306	15,486	15,883	14,140
Revenue Growth (YoY)	2.53%	8.17%	11.75%	-2.50%	12.33%	3.77%
Salaries and Employee Benefits	4,848	5,221	4,682	4,299	4,302	3,966
Occupancy Expenses	2,810	2,766	2,667	2,714	2,638	2,492
Selling, General & Administrative	4,514	4,566	4,722	3,924	3,733	3,740
Total Non-Interest Expense	12,173	12,553	12,071	10,936	10,673	10,198
EBT Excluding Unusual Items	6,174	6,167	5,235	4,550	5,210	3,942
Pretax Income	6,174	6,167	5,235	4,550	5,210	3,942
Income Tax Expense	1,102	944.59	914.72	1,008	746.85	500.17
Earnings From Continuing Operations	5,071	5,223	4,321	3,542	4,463	3,442
Minority Interest in Earnings	15.88	-7.24	-3.39	-2.46	0.37	0.2
Net Income	5,087	5,215	4,317	3,539	4,464	3,442
Preferred Dividends & Other Adjustments	511.85	511.85	480	480	480	480
Net Income to Common	4,575	4,703	3,837	3,059	3,984	2,962
Net Income Growth	14.77%	20.80%	21.99%	-20.72%	29.70%	2.45%
Basic Shares Outstanding	4,334	4,332	4,325	4,319	4,310	4,301
Diluted Shares Outstanding	4,343	4,342	4,334	4,327	4,320	4,312
Shares Change (YoY)	0.18%	0.18%	0.17%	0.14%	0.20%	0.21%
EPS (Basic)	1.06	1.09	0.89	0.71	0.92	0.69
EPS (Diluted)	1.06	1.08	0.89	0.71	0.92	0.69
EPS Growth	15.57%	22.20%	25.39%	-23.38%	34.25%	2.89%
Dividend Per Share	0.327	0.327	0.175	0.083	0.115	-
Dividend Growth	87.23%	87.23%	110.23%	-27.55%	-	-
Effective Tax Rate	17.86%	15.32%	17.47%	22.16%	14.33%	12.69%

Updated Mar 14, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.