Union Bank of Taiwan Second Quarter 2024 Earnings: EPS: NT$0.23 (vs NT$0.20 in 2Q 2023)

Simply Wall St · 08/30 23:58

Union Bank of Taiwan (TWSE:2838) Second Quarter 2024 Results

Key Financial Results

  • Revenue: NT$4.90b (up 11% from 2Q 2023).
  • Net income: NT$1.44b (up 81% from 2Q 2023).
  • Profit margin: 29% (up from 18% in 2Q 2023). The increase in margin was primarily driven by higher revenue.
  • EPS: NT$0.23 (up from NT$0.20 in 2Q 2023).
earnings-and-revenue-history
TWSE:2838 Earnings and Revenue History August 30th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Union Bank of Taiwan shares are up 3.0% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Union Bank of Taiwan's balance sheet and an in-depth analysis of the company's financial position.