Inquirer
MANILA, Philippines – Union Bank of the Philippines posted a net income of P3.8 billion in the first quarter, surging 167 percent, despite some trading losses associated with the Middle East war. The Aboitiz-led bank said on Monday that quarter-on-quarter, earnings rose 8.7 percent, sustaining momentum from the second half of 2025 despite trading losses from market volatility. READ: unionbank-profit-dropped-to-p10b-in-2025 Net revenues climbed 11.8 percent to P21.7 billion, driven by core business growth and expanding customer base. Total customers reached 18.9 million, up 7.6 percent year-on-year, providing a broader base for lending and cross-selling opportunities. Net interest income rose to […]... Keep on reading: UnionBank profit jumps 167% to ₱3.8B in Q1
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