Union Bank of the Philippines Management

Management criteria checks 2/4

Union Bank of the Philippines' CEO is Edwin Bautista, appointed in Jan 2016, has a tenure of 8.92 years. directly owns 0.044% of the company’s shares, worth ₱52.15M. The average tenure of the management team and the board of directors is 5.4 years and 5.1 years respectively.

Key information

Edwin Bautista

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	8.9yrs
CEO ownership	0.04%
Management average tenure	5.4yrs
Board average tenure	5.1yrs

Recent management updates

Recent updates

CEO

Edwin Bautista (64 yo)

8.9yrs

Tenure

Mr. Edwin Riego Bautista serves as Non-Executive Director at Aboitiz Power Corporation since April 26, 2021. He has been the President and Director of UnionBank of the Philippines since January 1, 2016 and...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Edwin Bautista	President	8.9yrs	no data	0.044% ₱ 52.1m
Manuel Lozano	Executive VP & CFO	1.9yrs	no data	0.0021% ₱ 2.5m
Manish Chawla	Executive VP	less than a year	no data	no data
Julian Tarrobago	Senior VP & Chief Investment Officer	3.4yrs	no data	no data
Carlo Enanosa	Senior VP - Head of Corporate Planning & Investor Relations	2.5yrs	no data	0.0022% ₱ 2.6m
Joselito Banaag	Senior VP	9.1yrs	no data	0.00089% ₱ 1.1m
Joselynn Torres	Senior VP and Chief Compliance & Governance Officer	6yrs	no data	0.00040% ₱ 477.6k
Erika Denise D. Go	Head of Sales and Relationship Management & Vice President	5.4yrs	no data	0.000080% ₱ 95.5k
Albert Raymond Cuadrante	Chief Marketing Officer & Senior VP	3.3yrs	no data	0.00031% ₱ 370.1k
Michaela Sophia Rubio	Chief HR Officer	5.4yrs	no data	0.0066% ₱ 7.9m
Ramon Duarte	Executive VP - Center Head of Transaction Banking	18.5yrs	no data	0.012% ₱ 14.1m
Roberto Abastillas	Center Head of Commercial Banking & Executive VP	18.3yrs	no data	0.037% ₱ 44.2m

5.4yrs

Average Tenure

59yo

Average Age

Experienced Management: UBP's management team is seasoned and experienced (5.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Edwin Bautista	President	8.9yrs	no data	0.044% ₱ 52.1m
Ana Maria Delgado	SVP, Head of Inst. Banking	3.7yrs	no data	0.054% ₱ 64.5m
Francisco Lim	Independent Director	3.6yrs	no data	0.00041% ₱ 489.5k
Justo Antonio Ortiz	Vice Chairman of the Board	31.4yrs	no data	0.17% ₱ 203.0m
Sabin Aboitiz	Non-Executive Director	11.6yrs	no data	0.17% ₱ 201.7m
Erramon Isidro Aboitiz	Chairman of the Board	31.4yrs	no data	0.87% ₱ 1.0b
Jose Emmanuel Hilado	Director	1.7yrs	no data	0.033% ₱ 38.9m
Nina Perpetua Aguas	Non-Executive Director	8.9yrs	no data	0% ₱ 0
Manuel Escueta	Independent Director	3.7yrs	no data	0% ₱ 0
Roberto Manabat	Lead Independent Director	6.6yrs	no data	0% ₱ 0
Josiah Go	Independent Director	3.7yrs	no data	0% ₱ 0
Samel Aboitiz	Non-Executive Director	2.7yrs	no data	0.073% ₱ 87.5m

5.1yrs

Average Tenure

65yo

Average Age

Experienced Board: UBP's board of directors are considered experienced (5.1 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/31 01:32
End of Day Share Price	2024/12/27 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Union Bank of the Philippines is covered by 13 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Joahnna Soriano	BofA Global Research
Alfred Dy	CLSA
Charles William Ang	COL Financial Group, Inc

Union Bank of the Philippines Management

Management criteria checks 2/4

Key information

Recent management updates

Union Bank of the Philippines Announces Retirement of Senior Officers, Effective January 1, 2025

Union Bank of the Philippines Announces Resignation of Rachel Christine T. Geronimo, Chief Remedial and Recovery Officer and Senior Vice President

Union Bank of the Philippines Appoints Bhuvanesh Hingoraney as Platforms and Solutions Delivery Head Under Information Technology and Services Group with the Rank of Senior Vice President

Union Bank of the Philippines Announces Resignation of Edith C. Roberto as CoBrand and Corporate Cards Head, Effective November 6, 2024

Union Bank of the Philippines Announces Executive Resignations

Chairman of the Board recently bought ₱1.5m worth of stock

Recent updates

Union Bank of the Philippines Announces Retirement of Senior Officers, Effective January 1, 2025

Union Bank of the Philippines Announces Resignation of Rachel Christine T. Geronimo, Chief Remedial and Recovery Officer and Senior Vice President

Union Bank of the Philippines Appoints Bhuvanesh Hingoraney as Platforms and Solutions Delivery Head Under Information Technology and Services Group with the Rank of Senior Vice President

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Union Bank of the Philippines (PSE:UBP) agreed to acquire 27.50% stake in ATR Asset Management, Inc.

Union Bank of the Philippines Announces Resignation of Edith C. Roberto as CoBrand and Corporate Cards Head, Effective November 6, 2024

Union Bank of the Philippines Announces Executive Resignations

Chairman of the Board recently bought ₱1.5m worth of stock

Union Bank of the Philippines Announces Executive Resignations

New minor risk - Insider selling

Insider recently bought ₱590k worth of stock

Union Bank of the Philippines Announces Executive Resignations

Union Bank of the Philippines Announces Resignation of Amabelle Gay P. Jimenez as Credit Controls Head, Effective August 27, 2024

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Insider recently bought ₱359k worth of stock

Union Bank of the Philippines Announces Separation of Ma Adelita N. Peña, Senior Vice President, Effective August 1, 2024

Union Bank of the Philippines Announces Resignations of Senior Officers

Now 23% overvalued

Union Bank of the Philippines Announces Resignation of Henry Rhoel R. Aguda as Senior Executive Vice President, Effective October 1, 2024

Union Bank of the Philippines Approves Promotion of Officers

Union Bank of the Philippines Announces CEO Changes, Effective January 1, 2025

Consensus EPS estimates increase by 29%

Union Bank of the Philippines Announces Appointment of Simran Khanna as Head of Consumer Risk with the Rank of Senior Vice President

Insider recently sold ₱13m worth of stock

Investor sentiment improves as stock rises 21%

Union Bank of the Philippines Announces the Resignation of Kaila T. Hizon as Transaction Banking Services Head, Effective June 1, 2024

New minor risk - Shareholder dilution

Consensus EPS estimates fall by 30%

Union Bank of the Philippines Announces Resignation of Atty. Mayla S. Domingo as Corporate Affairs Head, Effective June 1, 2024

Insider recently sold ₱6.8m worth of stock

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Union Bank of the Philippines Announces the Resignation of Mark Dennis C. Tuazon as Wealth Branch and ATM Operations Head and Vice President, Effective May 1, 2024

Union Bank of the Philippines Announces Management Resignations

Union Bank of the Philippines Announces Resignation of Hazeline A. Sigua as ATM Vendor Management Head, Effective April 10, 2024

Chairman of the Board recently bought ₱3.7m worth of stock

Full year 2023 earnings released: EPS: ₱3.06 (vs ₱5.16 in FY 2022)

Union Bank of the Philippines Appoints Mukul Sukhani as Head of Cards and Loans with the Rank of Executive Vice President

Union Bank of the Philippines Announces David R. Hardoon Resigns as Chief Data and Ai Officer

Union Bank of the Philippines, Annual General Meeting, Apr 26, 2024

Chairman of the Board recently bought ₱7.0m worth of stock

Upcoming dividend of ₱0.80 per share at 1.8% yield

Dividend of ₱0.80 announced

Union Bank of the Philippines Appoints Additional Members of the Related Party Transaction Committee

Union Bank of the Philippines Announces Resignation of Ms. Sigrid Joyce D. Cruz as Digital Loans Head and Assistant Vice President

Union Bank of the Philippines Announces Resignation of Senior Officers

Union Bank of the Philippines Announces Hiring of Senior Officers

Consensus EPS estimates increase by 19%

Union Bank of the Philippines Announces Executive Resignations

Investor sentiment improves as stock rises 31%

Price target decreased by 7.1% to ₱70.81

Union Bank of the Philippines and S&R Launch Co-Branded Credit Card

Consensus EPS estimates fall by 18%

Union Bank of the Philippines Announces Executive Resignations

Third quarter 2023 earnings: EPS misses analyst expectations

Union Bank of the Philippines Announces Executive Changes

Union Bank of the Philippines Announces Resignation of Marc Nicholas S. Angeles as Business Process Automation Head

Union Bank of the Philippines Announces Executive Appointments

Union Bank of the Philippines Announces Executive Changes

Union Bank of the Philippines Announces Resignation of Eduardo V. Enriquez III as SME Business Head and Senior Vice President, Effective November 1, 2023

Union Bank of the Philippines Unveils Four New Credit Cards

Union Bank of the Philippines Announces Resignation of Jonathan Z. Almeda as Payments and Clearing Management Head

Melvin S. Guinto, Risk Bureau Officer and Assistant Vice President, Resigns from Union Bank of the Philippines, Effective October 13, 2023

Union Bank of the Philippines(PSE:UBP) dropped from Philippines PSE Composite Index

Non-Executive Director recently bought ₱6.2m worth of stock

Union Bank of the Philippines Announces Retirement of Hector C. De Leon as Card Operations Head and Vice President, Effective October 1, 2023

Non-Executive Director recently bought ₱26m worth of stock

Union Bank of the Philippines Announces Executive Resignations

Union Bank of the Philippines Announces Executive Changes

Union Bank of the Philippines Announces Resignation of Senior Officers