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Union Bank of Taiwan (2838.TW)

TWD21.05 -1.90 (-8.28%)
TW TAI Financial Services Banks - Regional
Address No.109, Minsheng East Road 105
Taipei, TW
CEO Yao-Hsien Lee
IPO 2000-01-04
ISIN TW0002838000

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Description

Established in 1989 and headquartered in Taipei, Taiwan, Union Bank of Taiwan delivers a wide spectrum of banking and financial solutions complemented by diverse business ventures. The institution offers a comprehensive range of traditional banking services, including various deposit products, extensive lending options such as corporate loans, discount bills and notes, domestic letters of credit, accounts receivable factoring, mortgages, auto loans, personal loans, and other consumer credit facilities. Its financial offerings extend to international banking services, encompassing exports, imports, foreign remittances, foreign currency loans, and guarantees, alongside foreign exchange transactions, acceptances, short-term bill transactions, and general investments. Additionally, the bank provides credit card services, wealth management, trust services, custodian business, safe-deposit box rentals, and certification services for marketable securities. It also acts as a market intermediary, trading marketable securities and futures on behalf of clients, collecting and paying public facilities fees, taxes, and remittances, and operating as an agency for both life and property insurance. Beyond its financial core, Union Bank of Taiwan diversifies its operations into technology retail and distribution (hardware and software), system program development, outsourcing of system development, website design, and e-commerce services. Other ventures include car rental, import/export financing, securities investment trusts, installment purchase and lease investment, real estate sales, purchases, and leasing, general business investment, power generation and related energy technology services, investment management advisory, and equipment leasing. The bank maintains a robust presence across Taiwan with 90 branches, specifically 49 in Greater Taipei, 18 in Taoyuan and Hsinchu, 9 in Taichung and Changhua, 6 in Chiayi and Tainan, and 8 in Kaohsiung and Pingtung. This network is further supported by 9 securities branches and one overseas banking branch.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
TWD21.05 -1.90 (-8.28%)
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Volume Profile
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Liquidity & share structure
Average Volume
2M
Beta
0.19
Float Shares
3.84B
Free Float %
88.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.74% -2.17% -2.64% -0.74% +6.58% +4.65% +26.01% +51.23% +143.98% +286.45% +397.54%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

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By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
21.05
Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
0.06
Distress
Piotroski F-Score
4 / 9
Average
Composite Rating
B-
Overall Score
2 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
2 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
1 / 5
Low
P/E Score
2 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
  • Revenue growth
    -77.9% Q1'26: -78.5% (vs Q1'25)
  • EPS growth
    +19.4% Q1'26: +25.0% (vs Q1'25)
  • FCF margin
    Q1'26: -156.8% (vs Q1'25)
  • EBIT margin
    Q1'26: +100.0% (vs Q1'25)
  • ROIC
    Q1'26: +3.9% (vs Q1'25)
  • Share dilution
    +8.6% Q1'26: +0.1% (vs Q1'25)
  • Debt / EBITDA
    Q1'26: 17.33× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.19) × ERP
WACC = 44% × Ke + 56% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 21.05
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 B- 2/5 3/5 2/5 3/5 1/5 2/5 3/5
2026-05-11 B- 2/5 3/5 2/5 3/5 1/5 2/5 3/5
2026-05-08 B- 2/5 3/5 2/5 3/5 1/5 2/5 3/5
2026-05-07 B- 2/5 3/5 2/5 3/5 1/5 2/5 3/5
2026-05-06 B- 2/5 3/5 2/5 3/5 1/5 2/5 3/5
2026-05-05 B- 2/5 3/5 2/5 3/5 1/5 2/5 3/5
2026-05-04 B- 2/5 3/5 2/5 3/5 1/5 2/5 3/5
2026-04-30 B- 3/5 3/5 3/5 3/5 1/5 2/5 3/5
2026-04-29 B 3/5 4/5 3/5 3/5 1/5 2/5 3/5
2026-04-28 B 3/5 4/5 3/5 3/5 1/5 2/5 3/5
2026-04-27 B 3/5 4/5 3/5 3/5 1/5 2/5 3/5
2026-04-24 B 3/5 4/5 3/5 3/5 1/5 2/5 3/5
2026-04-23 B 3/5 4/5 3/5 4/5 1/5 2/5 3/5
2026-04-22 B 3/5 4/5 3/5 4/5 1/5 2/5 3/5
2026-04-21 B+ 3/5 4/5 3/5 4/5 1/5 3/5 3/5
2026-04-20 B+ 3/5 4/5 3/5 4/5 1/5 3/5 3/5
2026-04-17 B+ 3/5 4/5 3/5 4/5 1/5 3/5 3/5
2026-04-16 B+ 3/5 4/5 3/5 4/5 1/5 3/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-2.69B
OE per share TTM
-0.64
Owner's Yield
-3.04%
Maintenance CapEx ratio
266.25%
Maint CapEx / Avg PPE
70.7%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 62 ETFs in our universe

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
1.81M
Shares Outstanding
4.34B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Zhen-Xong Jiang MD & Director 2M male
Jiang Zhen-Xong Managing Director 2M
Chen Hsiung Chiang MD & Director 2M male
Yao-Hsien Lee MD & Independent Director 958.0K male
Hung-Ming Chien Chief Corporate Governance Officer male
Jane Lu Senior EVP & Head of Accounting female
Yu-Man Chao Chief Compliance Officer, Vice President and GM of Legal Affairs & Compliance Dept. female
Pi-Chiu Tang EVice President & GM of Corporate Loans Policy & Admin. Dept. female
Wei-Wen Hsu President male
Chu-Chang Yang Senior Executive Vice President male
Hsiao-Chen Lin Executive Vice President & GM of Human Resources Department male
Denfer Hung Senior EVice President and Chief Information Security Officer male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits