The Aboitiz Group’s Union Bank of the Philippines reported a drop in net income to ₱6.5 billion in the first nine months of 2025 from the ₱8.6 billion generated in the same period last year, partly due to higher expenses. The bank said in a disclosure to the Philippine Stock Exchange that it...
Aboitiz-led Union Bank of the Philippines (UnionBank) registered a six percent hike in net income to P8.6 billion for the first nine months of 2024 from P8.1 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the bank said that for the third quarter...
Union Bank of the Philippines (UnionBank) reported that it was recognized as Best Investor Relations Company during the annual Corporate Governance Asia’s 14th Asian Excellence Awards. The awards ceremony, held last May 31st at the JW Mariott Hotel in Hong Kong, was attended by 245 senior...
Aboitiz-led Union Bank of the Philippines has set the terms and timetable for its P10- billion stock rights offering with the offer price set at a discounted P30.57 per share. In a disclosure to the Philippine Stock Exchange the bank said the offer price was determined based on the volume-weighted...
Union Bank of the Philippines, a member of the Aboitiz Group, reported a 41 drop in net income to P2 billion for the first quarter of 2024 from the P3.4 billion earned in the same period last year due to costs related to the integration of Citi’s consumer business. UnionBank Chief Financial...
The Philippine Stock Exchange (PSE) has approved the planned P10 billion stock rights offering of Aboitiz-led Union Bank of the Philippines which is slated to kick off in May this year. In a disclosure to the PSE, the bank said it is offering about 296.47 million depending on the final offering...
Union Bank of the Philippines (UnionBank), the banking unit of the Aboitiz Group, is planning to raise P10 billion from a stock rights offering even as it reported a 28 percent drop in net income last year. In a disclosure to the Philippine Stock Exchange (PSE), the bank said its Board of Directors...
Union Bank of the Philippines (UBP) reported that its net income was almost flat at P12.7 billion last year from P12.6 billion in 2021 despite record net revenues in 2022. In a disclosure to the Philippine Stock Exchange, the bank said its net revenues reached a record high of P52.2 billion, 16...
The Aboitiz Group was recognized by Corporate Governance Asia at the 12th Asian Excellence Awards for its achievements and excellence in management acumen, financial performance, corporate social responsibility, environmental practices, and investor relations. The theme for the ceremony was...
Aboitiz Equity Ventures Inc. (AEV) is increasing massively its capital expenditure budget by 152 percent to P69 billion this year as it focuses more on expanding its infrastructure business amid the reopening of the domestic economy. In a virtual press briefing, AEV Chief Finance Officer Manuel...
Aboitiz Equity Ventures Inc. (AEV) will fully redeem its outstanding Series B of its fixed-rate retail bonds issued in 2015 amounting to P8.47 billion, a year ahead of its 2022 maturity schedule. In a statement, the firm said that, in exercising its early redemption option, it will prepay the 2015...
