Tisco Financial Group Public Co. Ltd. · SET:TISCO
Tisco Financial Group Public — Q1 2017 Earnings Presentation
20 slides from Tisco Financial Group Public's earnings presentation, Apr 18, 2017
Slide 1: TISCO Financial Group Analyst Meeting 1Q2017
TISCO Financial Group Public Co., Ltd. Analyst Meeting 1Q2017 April 18, 2017
Slide 2: 1Q2017 Financial Results
TISCO 1Q2017 Financial Results
Slide 3: Consolidated Income Statements
Consolidated Income Statements Unit : Million Baht 1Q16 4Q16 1Q17 % QoQ % YoY Interest Income 4,067 3,978 3,925 (1.3) (3.5) Interest Expenses (1,374) (1,199) (1,161) (3.1) (15.5) Net Interest Income 2,692 2,780 2,764 (0.6) 2.7 Fee & Service Income 1,339 1,358 1,512 11.4 12.9 Fee & Service Expenses (
Slide 4: Assets and Liabilities
Assets and Liabilities Assets Liabilities Unit: Million Baht Unit: Million Baht 1.6% QoQ 2.5% QoQ 4.4% YoY 6.3% YoY Unit : Million Baht 1Q16 2016 1Q17 % QoQ % YoY Unit : Million Baht 1Q16 2016 1Q17 % QoQ % YoY Deposits & Loans - Net 233,166 224,934 220,523 (2.0) (5.4) 221,247 218,073 211,033 (3.2) (
Slide 5: Loan Portfolio
Loan Portfolio Total Loan Portfolio Unit: Million Baht 2.0% QoQ 5.4% YoY Retail Loans SME Loans Corporate Loans Unit: Million Baht Unit: Million Baht Unit: Million Baht 1.9% QoQ 15.7% QoQ 2.1% QoQ 3.4% QoQ* 2.3% QoQ* Loan Reclassification 2,107 MM * Without loan reclassification, SME loans and corpo
Slide 6: Retail Loan Portfolio
Retail Loan Portfolio Retail Loan Breakdown 6
Slide 7: Industry Car Sales and Penetration Rate
Industry Car Sales and Penetration Rate Industry New Car Sales Units 2014 100,000 2015 2016 80,000 2017 60,000 40,000 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec TISCO Auto HP Penetration Rate No. of New Car Sales ('000 Units) Penetration Rate (%) 8.9% 8.6% 8.0% 7.4% 7.4% 6.5% 882 800 769 126 57
Slide 8: Loan Spread and Net Interest Margin
Loan Spread and Net Interest Margin Yield on Loans and Cost of Funds 6.5 6.5 6.6 6.6 6.6 6.7 6.7 6.7 % Yield on loans 4.4 4.5 4.6 4.7 4.5 4.3 3.9 % Loan spread 3.3 3.2 % Cost of funds 2.6 2.2 2.3 2.2 2.1 2.1 2.0 2014 2015 2016 1Q16 2Q16 3Q16 4Q16 1Q17 Remark: Cost of funds include contributions to F
Slide 9: Asset Quality
Asset Quality NPL and NPL Ratio Unit: Million Baht Total NPL % NPL 3.2% 3.1% 3.0% 3.0% 2.6% 2.5% 2.5% 2.4% 7,701 6,750 7,158 7,000 6,886 5,710 5,710 5,221 2014 2015 2016 1Q16 2Q16 3Q16 4Q16 1Q17 1Q16 2016 1Q17 NPL by Loan Type Million Baht % Million Baht % Million Baht % Corporate 1,210 2.9 412 0.9
Slide 10: Provisions
Provisions Provision Expense and Credit Cost Unit: Million Baht Provision expense (Million Baht) % Credit cost 5,277 4,426 3,972 2.1% 1.9% 1.6% 1.7% 1.7% 1.6% 1.7% 1.4% 981 926 1,092 974 753 2014 2015 2016 1Q16 2Q16 3Q16 4Q16 1Q17 Minimum Required Provision vs Actual Provision Unit: Million Baht Min
Slide 11: Deposits
Deposits Total Deposits & Bill of Exchanges Unit: Million Baht 3.2% QoQ 4.6% YoY Unit : Million Baht 1Q16 2016 1Q17 % QoQ % YoY Current 3,971 3,691 3,019 (18.2) (24.0) Savings 45,941 51,928 51,625 (0.6) 12.4 Fixed Deposits 102,961 99,449 101,355 1.9 (1.6) Short-Term Bill of Exchanges 4,987 5,967 4,9
Slide 12: Non-Interest Income
Non-Interest Income Non-Interest Income from Core Businesses Non-Interest Income Breakdown Unit: Million Baht 12.5% QoQ 13.2% YoY Unit : Million Baht 1Q16 4Q16 1Q17 % QoQ % YoY Banking Fee* 973 974 1,006 3.2 3.4 Asset Management Basic Fee 251 276 301 9.0 20.1 Brokerage Fee 193 199 213 7.2 10.5 Inves
Slide 13: Asset Management Business
Asset Management Business TISCO Asset under Management Unit: Million Baht Rank #9 9.7% QoQ 18.9% YoY Provident Fund Mutual Fund Private Fund Unit: Million Baht Rank #3 3.4% QoQ Unit: Million Baht Rank #15 10.1% QoQ Unit: Million Baht Rank #8 39.9% QoQ 11.3% YoY 19.2% YoY 57.4% YoY *Remark: Market Sh
Slide 14: Brokerage Business
Brokerage Business TISCO Trading Volume and Market Share TISCO Volume (Million Baht) Market share (%) 538,028 513,346 525,158 2.9% 2.8% 2.7% 2.6% 2.5% 2.4% 2.4% 2.1% 158,055 118,508 124,416 124,178 139,710 2014 2015 2016 1Q16 2Q16 3Q16 4Q16 1Q17 TISCO Trading Volume by Customer Retail Investors Fore
Slide 15: Operating Expenses
Operating Expenses Cost to Income Ratio Cost to Total Assets Ratio Unit : Million Baht 1Q16 4Q16 1Q17 % QoQ % YoY Employees' Expenses 1,068 1,096 1,248 13.8 16.9 Premises & Equipment Expenses 226 276 249 (9.7) 10.4 Taxes & Duties 51 54 55 1.8 9.1 Other Expenses* 222 292 246 (15.6) 10.7 Total Operati
Slide 16: Capital Adequacy
Capital Adequacy Capital Adequacy Ratio of TISCO Bank 19.6% 19.8% 18.0% 16.8% 14.7% 14.9% 14.0% 12.6% 34,542 34,253 30,901 Capital Base (MB) 30,240 BIS Ratio (%) Tier I (%) 2014 2015 2016 1Q16* *Remark: Projected Figures Risk-Based Capital Exposure 2016 1Q17 16
Slide 17: Employees and Branch Network
Employees and Branch Network Total Branch Network Total TISCO Employees *Remark: Loan Office included Mobile Branches 17
Slide 18: Disclaimer
Disclaimer This presentation material may contain forward-looking statements. These forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ from those in the forward looking statements as a result of various factors. TISC
Slide 19: Investor Relations
Investor Relations TISCO Financial Group Public Company Limited 48/49 TISCO Tower, North Sathorn Road Silom, Bangrak, Bangkok 10500 Thailand Tel: +66-2-633-6868 Fax: +66-2-633-6855 Email: ir@tisco.co.th Website: www.tisco.co.th 19
Slide 20: SAILIMGISSOd JO HLIWAM
SAILIMGISSOd JO HLIWAM
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