Union Bank of the Philippines operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Union Bank of the Philippines with three other
companies in this sector in Philippines:
China Banking Corporation
sales of 39.75 billion Philippine Pesos [US$786.34 million]
of which 31%
was Retail Banking Business),
Security Bank Corporation
(38.56 billion Philippine Pesos [US$762.78 million]
of which 25%
was Retail Banking), and
Rizal Commercial Banking Corporation
(36.93 billion Philippine Pesos [US$730.38 million]
of which 59%
was Retail Banking).
During the year ended December of 2018, sales at
Union Bank of the Philippines were 37.30 billion Philippine Pesos (US$737.86 million).
increase of 16.5%
versus 2017, when the company's sales were 32.01 billion Philippine Pesos.
This was the third consecutive year of growth at Union Bank of the Philippines.
Sales of Corporate and Commercial Banking saw an increase
13.5% in 2018, from
4.90 billion Philippine Pesos to 5.56 billion Philippine Pesos.
Not all segments of Union Bank of the Philippines experienced an increase in sales in 2018:
sales of Consumer Banking fell 3.8% to 12.75 billion Philippine Pesos.
Union Bank of the Philippines also experienced decreases in sales in
Headquarters (down 1.6% to 2.42 billion Philippine Pesos)