Isracard Ltd. · TASE:ISCD
Isracard — Q1 2023 Earnings Presentation
16 slides from Isracard's earnings presentation, May 24, 2023
Slide 1: Continuous Growth Trend – Investor Deck Q1/23 Results Summary
Continuous Growth Trend Investor Deck Q1/23 Results Summary This] translation 1 [ March 2023 This version is an English translation of the official and original version of the presentation published on the Tel Aviv Stock Exchange website on May 24th 2023, as drafted in Hebrew. is meant to be used as
Slide 2: Legal Disclaimer
Legal Disclaimer This concise presentation about Isracard Ltd. ("the Company") and its Inter alia, eventuation or non-eventuation of forward-looking consolidated companies (jointly: "the Group") is intended for information could be affected by developments in both the domestic convenience and does n
Slide 3: Q1/2023: Isracard Maintains the Growth Trend
Q1/2023: Isracard Maintains the Growth Trend Pre-tax earnings Net earnings Net earnings return on equity Total capital ratio ILS 70M ILS 55M 7.8% 13.6% (ILS 71M Q1/2022) (ILS 50M Q1/2022) (7.2% Q1/2022) (Minimum Regulatory Requirement 11.5%) Net interest Income from A substantial growth in the credi
Slide 4: Key Financial Data
Key Financial Data (ILS millions) Income from credit card operations Transaction turnovers in credit cards Number of active cards (thousands) (issue and clearing) issued by the Company (ILS billion) 4% 17% 14% 540 3,064 54.0 3,196 463 47.4 214 5% 175 1,208 1,269 288 326 Q1/22 Q1/23 Q1/22 Q1.2022 Q1/
Slide 5: Private Customers
Private Customers Net interest Income Income from interest rate (1) The income margin rate above prime ILS 158M +86% 11.54% 6.11% Compared with ILS 85M in the previous Increase from the previous Compared with 8.92% in Compared with 7.32% in corresponding period corresponding period The previous corr
Slide 6: Business Customers
Business Customers Net interest Income Income from interest rate (1) The income margin rate above prime ILS 57M +128% 8.95% 3.52% Compared with ILS 25M in the previous Increase from the previous Compared with 5.54% in Compared with 3.94% in corresponding period corresponding period the previous corr
Slide 7: Credit Losses Expenses
Credit Losses Expenses Q1/2023 (ILS millions) Rate of net individual expense and write-off (1) due to Credit Loss Expenses average credit card balance (under the Company’s responsibility) 92 0.34% Maintaining a stable average net (1) 0.30% 0.29% write-off rate on receivables due to 0.25% 0.24% 49 du
Slide 8: Equity, Capital Adequacy and Financing Sources
Equity, Capital Adequacy and Financing Sources (as at March 31, 2023) Shareholders Equity Total capital ratio Tier 1 capital ratio ILS 2.8 billion 13.6% 12.6% After a Dividend payment of (minimum regulatory requirement 11.5%) (minimum regulatory requirement 8%) ILS 26.5 million in Q1/2023 Financing
Slide 9: Committed to maintaining growth
Committed to maintaining growth [ 9 ]
Slide 10: Financing: We have launched an advanced application
Financing A loan in Control Cashback Card + With an option to suspend payments We have launched an advanced application as well as unique value offers for A 0.5% discount on interest Loan from today to private customers on loans on digital tomorrow 10
Slide 11: Solutions Mantle for Promoting Small and Medium Scale Businesses
Solutions Mantle for Promoting Small and Medium Scale Businesses 11
Slide 12: Concluding the Quarter with Ongoing Growth in all Parameters
Concluding the Quarter with Ongoing Growth in all Parameters Substantial Substantial Ongoing growth growth interest Incomes in number of In consumer and growth from active cards commercial credit customers Expanding the Intelligent risk The efficiency range of advanced management plan is on track di
Slide 13: Summing up Q1/23
Investor Deck for summing up Q1/23 March 2023 13
Slide 14: Appendices
Appendices 14
Slide 15: Consequential Financial Data for Q1/2023
Consequential Financial Data for Q1/2023 Q1/2023 Q1/2022 ILS millions Reported Reported One-time effects On neutralizing one-time effects Income Net Income from businesses 326 288 - 288 Income from cardholders 214 175 - 175 Net interest income 219 111 - 111 Other Income (expenses) 18 (11) - (11) Tot
Slide 16: Balance Sheet as at March 31, 2023
Balance Sheet as at ILS millions March 31, 2023 March 31, 2022 December 31, 2022 Assets Cash and balances at the banks 3,162 5,263 1,854 Receivable sums from the banks for credit card 7,037 6,478 6,928 activity, net (1) Accounts Receivable for credit card activity (1) 14,168 10,114 12,829 Provision