UBP Net Income up 9% to P12.6 Bn
UnionBank posted a net income of Php12.6 billion in 2021, 9% higher than in 2020. Earnings performance translated to above-industry return on equity of 12.0%. Net revenues were at an all-time high of Php45.1 billion, up 7% year-on-year (YoY). Net interest income grew 4% to Php29.8 billion due to theContinue Reading