UnionBank profit jumps 167% to ₱3.8B in Q1

MANILA, Philippines – Union Bank of the Philippines posted a net income of P3.8 billion in the first quarter, surging 167 percent, despite some trading losses associated with the Middle East war. The Aboitiz-led bank said on Monday that quarter-on-quarter, earnings rose 8.7 percent, sustaining momentum from the second half of 2025 despite trading losses