C05059-2024

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Jul 31, 2024
2. SEC Identification Number
A-1997-18963
3. BIR Tax Identification No.
005-011-651-000
4. Exact name of issuer as specified in its charter
ASIA UNITED BANK CORPORATION
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Joy-Nostalg Center No. 17 ADB Avenue, Ortigas Center, Pasig City Postal Code 1600
8. Issuer's telephone number, including area code
(632) 8633-6888; (632) 8631-3333
9. Former name or former address, if changed since last report
n/a
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 727,965,795
11. Indicate the item numbers reported herein
item 9

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.

Asia United Bank CorporationAUB

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

AUB posted 27% increase in Net Income in 1st half

Background/Description of the Disclosure

Asia United Bank Corporation will be issuing the attached press release entitled “AUB posted 27% increase in Net Income in 1st half”.

The Press release will be based on the following key highlights:

1. Net income for the first half of the amounted to Php 5.2 Billion, 27% higher versus a year ago.
2. ROE is at 21.9% ; ROA is at 3.1%
3. Net interest Margin increased by 10% to Php 8.2 Billion
4. Net interest margin ratio is at 5.4%, versus previous year’s 5.0%
5. Operating Expense grew 7.% , Php 3.3 Billion
6. Cost to income ratio at 33.5%.
7. Nonperforming loans (NPL) ratio of 0.43%, %, lower than the previous year’s 0.9%
8. Loan loss provision dropped to P78.0 million from P952.0 million, 92% lower versus previous year
9. NPL coverage ratio of 150.8% versus previous year’s 114.8%
10. Total assets stood at Php 349.0 billion, up 6% from the same period last year
11. Total loan portfolio at Php 187.9 billion
12. Total Deposits is at Php 281.1 billion.
13. Loan-to-deposit ratio is at 66.8%
14. Total equity increased to Php 51.6 billion, 18% increase from previous year
15. Common Equity Tier 1 Ratio was at 17.8%
16. Capital Adequacy Ratio was at 18.6%

Other Relevant Information

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Filed on behalf by:
Name Kristel Azucena
Designation Corporate Planning and Investor Relations Officer