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Union Bank Of The Philippines (PHS:UBP) Total Assets : ₱1,146,484 Mil (As of Mar. 2024)


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What is Union Bank Of The Philippines Total Assets?

Union Bank Of The Philippines's Total Assets for the quarter that ended in Mar. 2024 was ₱1,146,484 Mil.

During the past 12 months, Union Bank Of The Philippines's average Total Assets Growth Rate was 2.70% per year. During the past 3 years, the average Total Assets Growth Rate was 20.00% per year. During the past 5 years, the average Total Assets Growth Rate was 12.70% per year. During the past 10 years, the average Total Assets Growth Rate was 13.30% per year.

During the past 13 years, Union Bank Of The Philippines's highest 3-Year average Total Assets Growth Rate was 20.00%. The lowest was 4.10%. And the median was 11.85%.

Total Assets is connected with ROA %. Union Bank Of The Philippines's annualized ROA % for the quarter that ended in Mar. 2024 was 0.69%. Total Assets is also linked to Revenue through Asset Turnover. Union Bank Of The Philippines's Asset Turnover for the quarter that ended in Mar. 2024 was 0.02.


Union Bank Of The Philippines Total Assets Historical Data

The historical data trend for Union Bank Of The Philippines's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Union Bank Of The Philippines Total Assets Chart

Union Bank Of The Philippines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 770,787.54 774,459.24 831,095.46 1,092,886.17 1,145,143.35

Union Bank Of The Philippines Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,101,221.65 1,109,398.84 1,142,369.03 1,145,143.35 1,146,483.90

Union Bank Of The Philippines Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Union Bank Of The Philippines's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=175625.424+969517.929
=1,145,143

Union Bank Of The Philippines's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=174589.316+971894.586
=1,146,484

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Union Bank Of The Philippines  (PHS:UBP) Total Assets Explanation

Total Assets is connected with ROA %.

Union Bank Of The Philippines's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=7913.188/( (1145143.353+1146483.902)/ 2 )
=7913.188/1145813.6275
=0.69 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Union Bank Of The Philippines's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=18353.539/( (1145143.353+1146483.902)/ 2 )
=18353.539/1145813.6275
=0.02

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Union Bank Of The Philippines Total Assets Related Terms

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Union Bank Of The Philippines (PHS:UBP) Business Description

Traded in Other Exchanges
N/A
Address
Meralco Avenue corner Onyx and Sapphire Streets, UnionBank Plaza, Ortigas Center, Pasig, PHL, 1605
Union Bank Of The Philippines Inc is a company which provides commercial banking products and services. It offers loans and deposits, cash management, retail banking, foreign exchange, capital markets, corporate and consumer finance, investment management and trust banking. The group's main operating business segments are Consumer Banking, Corporate and Commercial Banking, Treasury and Headquarters. The majority share of groups revenue is generated from Consumer Banking business segment which principally handles individual customers' deposits and provides consumer type loans, such as automobiles and mortgage financing, credit card facilities and funds transfer facilities.

Union Bank Of The Philippines (PHS:UBP) Headlines

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