Habib Bank Limited · PSX:HBL
Habib Bank — H1 2016 Earnings Presentation
10 slides from Habib Bank's earnings presentation, June 2016
Slide 1: Financial Results – June 2016
Financial Results – June 2016 Investor Presentation 0
Slide 2: Key Highlights
Key Highlights Consolidated PAT is Rs 16.0 Bn, 1% higher than H1’15 • PBT is Rs 28.3 Bn, down 8% YoY, primarily due to significant capital gains of Rs 5.3 Bn in H1’15. Excluding capital gains, PBT is 4% higher than H1’15 Net interest income has increased by 6% to Rs 41.4Bn • Average balance sheet ha
Slide 3: Key Highlights
Key Highlights Administrative expenses are up 10% YoY to Rs 25.4 Bn • The rise is primarily due to the full impact of increase in the branch network (60 branches), certain 1-off costs and the rupee devaluation impact on international expenses • Growth in BAU admin expenses contained to 5.5% • The co
Slide 4: Key Highlights
Key Highlights In Jun’16, the Balance Sheet has grown by 6% over Dec’15 to Rs 2.4 trillion Deposits have increased by 8% over Dec’15 to Rs 1.8 trillion • Domestic deposits grew by 9% over Dec’15 and by 13.7% over Mar’16. • Domestic market share has increased from 14.1% in Dec’15 to 14.3% in Jun’16 •
Slide 5: Balance Sheet
Balance Sheet PKR Bln Dec'15 Jun'16 Var% Cash & Bank Balances 207.7 203.6 -2% Lending to Financial Institutions 18.4 14.6 -20% Investments 1,270.8 1,385.7 9% Performing Advances 629.8 650.6 3% Non Performing advances - net of provision 7.6 8.5 12% Others 84.1 94.8 13% Total Assets 2,218.4 2,357.9 6%
Slide 6: Net Advances
Net Advances Loan portfolio composition by line of business International Advances – Location wise Others 13.4% International 23.7% Mauritius Corporate 2.3% 48.5% UAE Bangladesh 39.3% 3.3% Net loans: Bahrain Net loans: 10.2% Others PKR659Bn PKR156Bn 5.2% Consumer Oman 5.0% 6.5% Agriculture 4.5% Sing
Slide 7: Deposits
Deposits Growth in Period End Deposits Growth in Average Deposits PKR Bln Dec'15 Jun'16 Var% PKR Bln H1'16 H1'15 Var% Q2'16 Q1'16 Var% Current 469.7 518.2 10% Current 446.2 367.7 21% 458.1 434.3 5% Saving 701.0 752.3 7% Saving 703.3 642.5 9% 703.8 702.8 0% Term 196.5 223.0 14% Term 167.6 227.6 -26%
Slide 8: Income Statement
Income Statement H1'16 H1'15 PKR Bn Var% (Actual) (Actual) Interest Income 70.7 71.6 -1% Interest expensed (29.3) (32.7) 10% Net Interest Income 41.4 38.9 6% Capital Gain 1.8 5.3 -65% NFI Ex Capital Gain 12.5 12.0 4% Non Interest Income 14.3 17.4 -18% Gross Revenue 55.8 56.3 -1% Admin Expenses (25.4
Slide 9: Non Fund Income
Non Fund Income H1'16 H1'15 PKR Mln Var% (Actual) (Actual) Fee, commission and brokerage income 9,271 8,080 15% Gain on sale of securities 1,847 5,345 -65% Share of profit of associates and joint venture 1,475 1,529 -4% Dividend income 631 915 -31% Income from dealing in foreign currencies 737 1,196
Slide 10: Key Ratios
Key Ratios Ratios Dec'15 Jun'16 Advances : Deposits 43.2% 41.2% Asset Quality 10.9% 10.8% Coverage 90.1% 89.2% Capital Adequacy 17.0% 16.8% Ratios H1'15 H1'16 Yield on advances 9.1% 8.0% Cost of deposits 3.5% 2.5% Net Interest Margin 4.6% 4.3% Spreads 4.0% 3.7% NCL ratio 0.5% 0.4% Return on average