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2838

Union Bank of Taiwan TWSE:2838 Stock Report

Last Price

NT$14.70

Market Cap

NT$51.7b

7D

6.5%

1Y

44.8%

Updated

18 Aug, 2022

Data

Company Financials
2838 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends0/6

2838 Stock Overview

Union Bank of Taiwan provides various banking products and services.

Rewards

Price-To-Earnings ratio (14.6x) is below the Banks industry average (16.6x)

Earnings have grown 8.3% per year over the past 5 years

Risk Analysis

No risks detected for 2838 from our risk checks.

Union Bank of Taiwan Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Union Bank of Taiwan
Historical stock prices
Current Share PriceNT$14.70
52 Week HighNT$16.49
52 Week LowNT$10.11
Beta0.23
1 Month Change14.84%
3 Month Change11.12%
1 Year Change44.77%
3 Year Change75.01%
5 Year Change123.88%
Change since IPO48.03%

Recent News & Updates

Shareholder Returns

2838TW BanksTW Market
7D6.5%1.6%3.6%
1Y44.8%20.2%-7.8%

Return vs Industry: 2838 exceeded the TW Banks industry which returned 20.2% over the past year.

Return vs Market: 2838 exceeded the TW Market which returned -7.8% over the past year.

Price Volatility

Is 2838's price volatile compared to industry and market?
2838 volatility
2838 Average Weekly Movement4.1%
Banks Industry Average Movement3.0%
Market Average Movement5.1%
10% most volatile stocks in TW Market8.4%
10% least volatile stocks in TW Market2.5%

Stable Share Price: 2838 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 2838's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19894,012Wei-Wen Hsuhttps://www.ubot.com.tw

Union Bank of Taiwan provides various banking products and services. The company is involved in various activities, which cover loans, remittances, acceptances, short-term bill transactions, investments, foreign exchange transactions, savings, trust services, etc. It accepts deposit products; and provides corporate loans, discount bills and notes, domestic letters of credit and accounts receivable factoring, mortgages, auto loans, personal loans, and other consumer credit. The company also handles exports, imports, foreign remittances, foreign currency loans, and guarantees; and offers credit card, wealth management, trust, custodian business, safe-deposit box rental, and certification services for marketable securities.

Union Bank of Taiwan Fundamentals Summary

How do Union Bank of Taiwan's earnings and revenue compare to its market cap?
2838 fundamental statistics
Market CapNT$51.65b
Earnings (TTM)NT$3.61b
Revenue (TTM)NT$15.60b

14.6x

P/E Ratio

0.9x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
2838 income statement (TTM)
RevenueNT$15.60b
Cost of RevenueNT$156.88m
Gross ProfitNT$15.44b
Other ExpensesNT$11.83b
EarningsNT$3.61b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.01
Gross Margin98.99%
Net Profit Margin23.15%
Debt/Equity Ratio144.7%

How did 2838 perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

13%

Payout Ratio