Bnk Banking Corporation Limited · ASX:BBC
Bnk Banking — Shareholder Meeting (November 2018)
17 slides from Bnk Banking's shareholder meeting presentation, Nov 9, 2018
Slide 1: Goldfields Money
FIELDSMONEY -. - UP TE a = ines With einen Lyons | Director am pu a — Ana r a — a . “goldfields MONEey Allyours, Honestly
Slide 2: Disclaimer
DISCLAIMER YS * This presentation contains certain forward looking statements with respect to the financial condition, results of operations, business plans and objectives of management. All such forward-looking statements involve known and unknown risks, significant uncertainties, assumptions, cont
Slide 3: Key Highlights
KEY HIGHLIGHTS Goldfields Money Limited achieved full banking status effective from May 2018 Successfully completed merger with highly complementary distribution business “Finsure” in Sept 2018 Strengthened balance sheet following two successful oversubscribed placements (~$4.7m in Apr 2018; ~$20m i
Slide 4: Competitive Position
COMPETITIVE POSITION * Goldfields is Australia's new revolutionary digital bank, distributing first class products through a largely branchless distribution network * Core business operating metrics continue to be well ahead of system growth, ASX listed peers and remain strong * Changing consumer at
Slide 5: (ex. Aggregation and Banking)
• • • 2.6% 2.7% 3.2% 6.5% 7.1% 8.3% 1.3% 1.6% 1.9% (ex. Aggregation and Banking) (ex. Aggregation and Banking)
Slide 6: Banking Aggregation
• BANKING AGGREGATION • • • • • • • •
Slide 7: Goldfields Money Today - Platform for Growth
GOLDFIELDS MONEY TODAY - PLATFORM FOR GROWTH Access to over 1,508 loan writers and an additional ~3,500 external loan writers for Better Choice (giving Better Choice and Goldfields Money access to over 5000 loan writers) to ramp up loan volumes On balance sheet and off balance sheet loan management
Slide 8: How Goldfields Money Earns Revenue
HOW GOLDFIELDS MONEY EARNS REVENUE Goldfields Money has access to diversified revenue streams that are driven by lending volume and values, number of loan writers and number of transactions The bank also accesses other revenue from non lending capability including bailment funding Preetier choice >)
Slide 9: Key Metrics - Banking
KEY METRICS BANKING Loans Under Management (On/Off Total Loan Settlements (in $m) Distribution (Finsure internal and Better Choice external) Book) (in $m) 2,451 7” 4,713 1,527, 231 2,28 33 18 146 FY14 FY15 FY16 FYI7 FY18 FY14 FY15 FY16 FYI7 FY18 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-1
Slide 10: Key Metrics - Aggregation
KEY METRICS AGGREGATION Total Historical Book (in $b) Total Loan Settlements (in $b) Total Loan Writers FY14 FY15, FY16 FYI7 FY18 FY14 FY15 FY16 FYI7 FY18 FY14 FY15, FY16 FY17 FY18
Slide 11: • • • • • • • • • • • • • •
• • • • • • • • • • • • • • • • • • • • • • • • • • • •
Slide 12: +217% PCP +50% PCP
• • +50% PCP +217% PCP 217.6 RECORD RECORD HIGH HIGH RESULT RESULT 68.7
Slide 13: +18% PCP +21% PCP +26% PCP
• • • +18% PCP +26% PCP +21% PCP RECORD RECORD RECORD HIGH HIGH HIGH RESULT RESULT RESULT
Slide 14: Loan Writers Represent 50%+ of New Residential Settlements in FY18
Loan Writers Represent 50%+ of New Residential Settlements in Proportion of Home Loans Settlements – Major vs Non-Major Banks FY18 51.6% 48.4% 45.4% 54.6% Aggregators Direct
Slide 15: Peter Wallace
Peter Wallace Chairman & Non Executive Director MrWallace was appointed a rector in August 2018 He has more then a5 years of experience from acarge of sppaitments hewithn the anieng and francial Services industry. Mr. Wallace was previously the Head of Corporate (Western Australi or Bell Potter Secu
Slide 16: Allan Savins
Allan Savins @M- Banking & Wholescle Alon hs almost 35 year’ experience within thefinancal services indvetry ond is responsible forthe bonding nd wholesale hiss within the Golsfields Group, Prorto Fingure and Golelés, Alon was employes by RESIMAC Leg Homeloans Lted)n May 2007 where he eld the postio
Slide 17: Contact
CONTACT Simon Lyons Managing Director 0417 178 325 slyons@goldfieldsmoney.coi