SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-Q

QUARTERLY REPORT PURSUANT TO SECTION 17 OF THE SECURITIES
REGULATION CODE AND SRC RULE 17(2)(b) THEREUNDER

1. For the quarterly period ended

Sep 30, 2017

2. SEC Identification Number

36073

3. BIR Tax Identification No.

000-508-271

4. Exact name of issuer as specified in its charter

Unionbank of the Philippines

5. Province, country or other jurisdiction of incorporation or organization

Metro Manila, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Unionbank Plaza, Meralco Ave. cor Onyx and Sapphire Streets, Ortigas Center, Pasig City Postal Code 1605

8. Issuer's telephone number, including area code

(632)6676388

9. Former name or former address, and former fiscal year, if changed since last report

Not Applicable

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common	1,058,343,929

11. Are any or all of registrant's securities listed on a Stock Exchange?

Yes

No

If yes, state the name of such stock exchange and the classes of securities listed therein:

Philippine Stock Exchange-Common

12. Indicate by check mark whether the registrant:

(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17 thereunder or Sections 11 of the RSA and RSA Rule 11(a)-1 thereunder, and Sections 26 and 141 of the Corporation Code of the Philippines, during the preceding twelve (12) months (or for such shorter period that the registrant was required to file such reports)

Yes

No

(b) has been subject to such filing requirements for the past ninety (90) days

Yes

No

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Union Bank of the Philippines, Inc.UBP

PSE Disclosure Form 17-2 - Quarterly Report References: SRC Rule 17 and
Sections 17.2 and 17.8 of the Revised Disclosure Rules

For the period ended	Sep 30, 2017
Currency (indicate units, if applicable)	Php(In Thousands)

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Sep 30, 2017	Dec 31, 2016
Current Assets	-	-
Total Assets	549,397,002	524,432,147
Current Liabilities	-	-
Total Liabilities	477,418,091	456,844,839
Retained Earnings/(Deficit)	54,267,459	50,518,506
Stockholders' Equity	71,978,911	67,587,308
Stockholders' Equity - Parent	71,926,551	67,566,991
Book Value per Share	67.96	63.84

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Gross Revenue	8,376,105	10,416,112	23,179,190	23,233,346
Gross Expense	5,669,385	5,507,156	15,047,004	13,465,089
Non-Operating Income	-	-	-	-
Non-Operating Expense	-	-	-	-
Income/(Loss) Before Tax	2,706,720	4,908,956	8,132,186	9,768,257
Income Tax Expense	680,000	692,544	1,740,345	1,629,416
Net Income/(Loss) After Tax	2,026,720	4,216,412	6,391,841	8,138,841
Net Income Attributable to Parent Equity Holder	-	-	6,385,880	8,132,650
Earnings/(Loss) Per Share (Basic)	-	-	8.05	10.25
Earnings/(Loss) Per Share (Diluted)	-	-	-	-

	Current Year (Trailing 12 months)	Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic)	7.85	9.9
Earnings/(Loss) Per Share (Diluted)	-	-

Other Relevant Information

Please note of the following changes in Notes to Consolidated Financial Statements: A. Segment Information (page 26). Segment Liabilities (in millions) Segment Liabilities -Corporate & Commercial Banking from 112,432 to 112,046. Segment Liabilities-Headquarters from 24,418 to 23,804. The change in amounts is to reclassify the decrease in liability to the correct segment. B. Financial Indicators (page 29) Liquidity Ratio from 18.5% to 79.2% The change is due to an error where the current portion of the Loans and Receivables account was inadvertently omitted in the computation. C. Preferred Shares (page 27) The amendment includes a correction on the number of preferred shares presented on the table to reflect the number of shares at 100,000,00 in the narratives. Furthermore, we have presented a clarification on the equivalent peso amounts of the preferred shares to indicate that the amounts are in thousands The above changes do not impact the amounts presented in the Financial Statements of the Group as of and for the nine months ended September 30, 2017.