Tisco Financial Group Public Co. Ltd. · SET:TISCO

Tisco Financial Group Public — FY2019 Earnings Presentation

29 slides from Tisco Financial Group Public's earnings presentation, 2020

  1. Slide 1: TISCO Financial Group Public Co., Ltd. For the year 2019

    TISCO Financial Group Public Co., Ltd. For the year 2019

  2. Slide 2: TISCO Overview

    © TISCO TISCO Overview

  3. Slide 3: Company Profile

    Company Profile Timelines 1975 One of the founding Business Model 1969 members of the Stock Founded by Bankers Trust of New York as Exchange of Thailand “Selective Focus” the first investment 1996 Universal Bank bank in Thailand First securitization of auto loan in South East Asia 2008 Restructured

  4. Slide 4: TISCO Group Structure

    TISCO Group Structure TISCO [ TISCO Financial Group Plc.* poor nee ------------- ero ----------5 ----4----------------------------------- + t ' ' ' t 1 1 ' ' ' ' 1 ' ' 1 ' ' ' 1 ' ' ' 1 1 ' 99.99% 100% 49% 1 100% 100% 1 100% 100% 100% 100%! ' ' ' t ' 4 [oe = tisco 64] Tisco Tisco Asset |i] TISCO TIS

  5. Slide 5: TISCO Businesses

    TISCO Businesses Retail Banking • Auto Hire Purchase • TISCO Auto Cash • Mortgage Loan & Home-Equity Loan • SME Lending • Life & Non-Life Insurance Corporate Banking • Corporate Lending & Financial Advisory • Investment Banking • Corporate Insurance Wealth & Asset Management • Deposit Service • Weal

  6. Slide 6: Consolidated Loan Portfolio

    Consolidated Loan Portfolio Acquired Retail Thailand’s First Car Banking Business Buyer Scheme from SCBT Sale of Personal Loan & Credit Card to Citibank Took over Primus & GMAC Started SME Division Upgraded to Commercial Bank 9.2% 56.6% -7.5% 22.4% 14.7% 16.7% 15.8% 19.3% 9.8% 32.2% 21.4% 34.1% 17.5

  7. Slide 7: Profitability

    Profitability Profitability for the past 10 years 16.0% 45.3% 13.1% 13.4% 14.7% 0.0% 0.0% 17.8% 21.7% 15.2% 3.6% Growth (YoY) 7

  8. Slide 8: Share Capital Information

    Share Capital Information Total Shares 800,655,483 Ordinary Shares 800,645,624 NVDR, CDIB, 10.0% Preferred Shares 9,859 12.0% No. of Shareholders 20,435 Foreign, Foreign Shareholders 139 35.3% Local Shareholders 20,296 Shareholders by type (%) Local, 42.2% Institutional 76.0% Individual 24.0% Foreig

  9. Slide 9: Recognitions and Awards

    Recognitions and Awards Best Company Performance from SET Awards 2018 & 2019 Distinguished Financial Management from Thailand Corporate Excellence Awards 2018 by TMA and Sasin Board of the Year Awards 2019 – Gold from Thai Institute of Directors (IOD) Mr. Suthas Ruangmanamongkol, Group Chief Executi

  10. Slide 10: Financial Results

    TISCO Financial Results

  11. Slide 11: Profitability

    Profitability Net Profit Unit: Million Baht +3.6% YoY -0.7% QoQ +8.1% YoY ROAE & ROAA 11

  12. Slide 12: Consolidated Income Statements

    Consolidated Income Statements Unit : Million Baht 4Q18 3Q19 4Q19 % QoQ % YoY 2018 2019 % YoY Interest Income 4,380 4,377 4,735 8.2 8.1 17,690 17,881 1.1 Interest Expenses (1,301) (1,266) (1,263) (0.3) (2.9) (5,076) (5,089) 0.3 Net Interest Income 3,079 3,111 3,472 11.6 12.8 12,615 12,792 1.4 Fee &

  13. Slide 13: Assets and Liabilities

    Assets and Liabilities Assets Liabilities Unit: Million Baht Unit: Million Baht +5.1% QoQ +5.1% QoQ -1.4% YoY -2.1% YoY Unit : Million Baht 2018 3Q19 2019 % QoQ % YoY Unit : Million Baht 2018 3Q19 2019 % QoQ % YoY Loans - Net 240,654 240,742 242,826 0.9 0.9 Deposits & 241,985 220,340 234,421 6.4 (3.

  14. Slide 14: Loan Portfolios

    Loan Portfolios -0.5% QoQ -0.8% YoY Total Loans Unit: Million Baht +0.9% QoQ +0.9% YoY Retail Loans +4.6% QoQ +15.4% YoY Corporate Loans +11.0% QoQ -11.2% YoY SME Loans 14

  15. Slide 15: Retail Loan Portfolio Breakdown

    Retail Loan Portfolio Breakdown Unit: Million Baht -0.5% QoQ -0.8% YoY -0.9% QoQ -0.7% YoY +4.0% QoQ -5.1% QoQ -3.6% QoQ +11.3% YoY +2.9% QoQ -16.8% YoY -12.4% YoY +19.0% YoY *Remark: Mortgage Loans includes Housing Loans and Home-Equity Loans 15

  16. Slide 16: TISCO Auto Cash

    TISCO Auto Cash Auto Cash Loan Outstanding Unit: Million Baht Auto Cash +4.0% QoQ +11.3% YoY Somwang +6.6% QoQ +28.6% YoY Somwang Loan Outstanding vs NPLs Somwang Branches 16

  17. Slide 17: Industry Car Sale & Penetration Rate

    Industry Car Sale & Penetration Rate Industry New Car Sale Units 120,000 100,000 80,000 60,000 40,000 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec TISCO’s Auto HP Penetration Rate 17

  18. Slide 18: Interest Income & NIM

    Interest Income & NIM Net Interest Income Unit: Million Baht +1.4% YoY +11.6% QoQ +12.8% YoY 18

  19. Slide 19: Asset Quality

    Asset Quality Non-Performing Loans Unit: Million Baht 2018 3Q19 2019 NPL by Loan Type Million Baht % Million Baht % Million Baht % Corporate - - 261 0.7 259 0.7 SME 112 0.8 168 1.4 158 1.2 Hire Purchase 3,845 2.8 3,895 2.8 3,249 2.4 Mortgage 1,345 6.6 1,393 7.8 1,316 7.7 Auto Cash 1,564 4.9 936 2.7

  20. Slide 20: Provisions

    Provisions Provision Expense & Credit Cost Unit: Million Baht Minimum Required Provision vs Actual Provision Unit: Million Baht 20

  21. Slide 21: Funding

    Funding Total Funding Unit: Million Baht +6.4% QoQ -3.1% YoY Unit : Million Baht 2018 3Q19 2019 % QoQ % YoY Current 2,484 2,848 2,638 (7.4) 6.2 Savings 54,684 37,662 37,802 0.4 (30.9) Fixed Deposits 135,941 162,272 175,645 8.2 29.2 Short-Term Bill of Exchanges 5,877 37 37 - (99.4) Senior Debentures

  22. Slide 22: Non-Interest Income

    Non-Interest Income Non-Interest Income from Core Businesses Non-Interest Income from Core Businesses Breakdown Unit: Million Baht Data for FY2019 -3.2% YoY +2.7% QoQ +0.5% YoY Unit : Million Baht 4Q18 3Q19 4Q19 % QoQ % YoY 2018 2019 % YoY Banking Fee 1,187 1,097 1,192 8.6 0.4 4,437 4,407 (0.7) Banc

  23. Slide 23: Asset Management Business

    Asset Management Business +3.7% QoQ +13.6% YoY TISCO Asset Under Management Unit: Million Baht Rank #1 +3.2% QoQ Provident Fund +16.5% YoY +5.3% QoQ +9.6% YoY Rank #13 Mutual Fund +0.2% QoQ +35.1% YoY Rank #8 Rank #5 Private Fund 23

  24. Slide 24: Brokerage Business

    Brokerage Business TISCO Trading Volume & Market Share Unit: Million Baht TISCO Trading Volume by Customers 24

  25. Slide 25: Operating Expenses

    Operating Expenses Operating Expenses Unit: Million Baht +5.9% YoY Cost to Income Ratio +3.3% QoQ +10.8% YoY Unit : Million Baht 4Q18 3Q19 4Q19 % QoQ % YoY 2018 2019 % YoY Empl oyees ' Expens es 1,431 1,579 1,626 3.0 13.6 5,839 6,410 9.8 Premis es & Equi pment Expens es 316 333 336 1.0 6.4 1,213 1,3

  26. Slide 26: Capital Adequacy

    Capital Adequacy Capital Adequacy Ratio of TISCO Bank Unit: Million Baht Risk-Based Capital Exposure 2018 2019 26

  27. Slide 27: Employees and Branch Network

    Employees and Branch Network Total Employees Total Branch Network 27

  28. Slide 28: Investor Relations

    Investor Relations TISCO Financial Group Public Company Limited 48/49 TISCO Tower, North Satorn Road, Silom, Bangrak, Bangkok, 10500, Thailand +(66) 2633 6868 +(66) 2633 6855 ir@tisco.co.th www.tisco.co.th Disclaimer This presentation material may contain forward-looking statements. These forward-lo

  29. Slide 29: TISCO

    TISCO

TISCO Financial Group Public — FY2019 Earnings Presentation on 6ix