Union Bank of the Philippines reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was PHP 13,352.92 million compared to PHP 10,803.14 million a year ago. Net income was PHP 1,649.43 million compared to PHP 4,021.76 million a year ago.
For the nine months, net interest income was PHP 37,306.54 million compared to PHP 27,775.2 million a year ago. Net income was PHP 7,993 million compared to PHP 10,003.11 million a year ago. Basic earnings per share from continuing operations was PHP 2.7087 compared to PHP 4.2913 a year ago.