Union Bank Of The Philippines (PHS:UBP) Tax Rate % : 23.82% (As of Mar. 2024)

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What is Union Bank Of The Philippines Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Union Bank Of The Philippines's Tax Expense for the three months ended in Mar. 2024 was ₱629 Mil. Union Bank Of The Philippines's Pre-Tax Income for the three months ended in Mar. 2024 was ₱2,640 Mil. Therefore, Union Bank Of The Philippines's Tax Rate % for the quarter that ended in Mar. 2024 was 23.82%.

Union Bank Of The Philippines Tax Rate % Historical Data

The historical data trend for Union Bank Of The Philippines's Tax Rate % 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.

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Union Bank Of The Philippines Tax Rate % Chart

Union Bank Of The Philippines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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3.41

6.33

16.06

24.07

22.32

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
Tax Rate %	Get a 7-Day Free Trial															14.87	19.18	27.58	41.17	23.82

Union Bank Of The Philippines Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

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

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	2644.225	/	11848.78
	=	22.32 %

Union Bank Of The Philippines's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	628.966	/	2640.3
	=	23.82 %

Union Bank Of The Philippines Tax Rate % Related Terms

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Union Bank Of The Philippines Inc (PHS:UBP) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Meralco Avenue corner Onyx and Sapphire Streets, UnionBank Plaza, Ortigas Center, Pasig, PHL, 1605

Website

https://www.unionbankph.com

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.