Union Bank of Taiwan operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Union Bank of Taiwan with three other
companies in this sector in Taiwan:
Far Eastern International Bank
sales of 15.68 billion Taiwanese Dollars [US$534.14 million]
of which 44%
was Personal Financial Business),
O-Bank Co Ltd
(11.58 billion Taiwanese Dollars [US$394.54 million]
of which 17%
was Bank Business), and
Taichung Commercial Bank Company Limited
(15.53 billion Taiwanese Dollars [US$528.95 million]
of which 21%
was Central District).
During the year ended December of 2017, sales at
Union Bank of Taiwan were 16.91 billion Taiwanese Dollars (US$575.82 million).
a very small
increase of 1.9%
versus 2016, when the company's sales were 16.59 billion Taiwanese Dollars.
This was the fifth consecutive year of sales increases at Union Bank of Taiwan
(and since 2012, sales have increased a total of 33%).
Sales of Other saw an increase
that was more than double the company's growth rate: sales were up
19.3% in 2017, from
1.78 billion Taiwanese Dollars to 2.13 billion Taiwanese Dollars.
Union Bank of Taiwan also saw significant increases in sales in
Consumer Financial Business (up 12.3% to 3.53 billion Taiwanese Dollars)
Lease Business (up 4.2% to 2.24 billion Taiwanese Dollars)
Investment (up 9.0% to 2.21 billion Taiwanese Dollars)
Not all segments of Union Bank of Taiwan experienced an increase in sales in 2017:
sales of Corporate Financial Business fell 21.8% to 1.41 billion Taiwanese Dollars.
Union Bank of Taiwan also experienced decreases in sales in
Trust (down 13.7% to 947.14 million Taiwanese Dollars)