Bell Financial Group Limited · ASX:BFG
Bell Financial — Bell Potter Emerging Leaders Conference 2021
21 slides from Bell Financial's conference presentation, Sep 14, 2021
Slide 1: Bell Potter Emerging Leaders Conference 2021
14 September 2021 ASX Market Announcements Office ASX Limited 20 Bridge Street Sydney NSW 2000 BELL POTTER EMERGING LEADERS CONFERENCE 2021 Please find attached a copy of the presentation that Bell Financial Group Executive Chairman, Alastair Provan, will give at 8:10am today at the Bell Potter Emer
Slide 2: Australian owned stockbroking, investment and financial advisory services
Australian owned, we provide traditional stockbroking, investment and financial advisory services to private, institutional and corporate clients. A developer of proprietary technology, platforms, products and services for the Australian stockbroking market.
Slide 3: Contents
CONTENTS 1 Group Overview 3 2 Corporate Structure & Businesses 5 3 Group Financial Summary 11 4 Strategy 15 5 Market Update 18 BELL FINANCIAL GROUP
Slide 4: Group Overview
GROUP OVERVIEW
Slide 5: 14 offices across Australia plus London, New York, Hong Kong and Kuala Lumpur
▪ 14 offices across Australia plus offices in London, New York, Hong Kong and Kuala Lumpur ▪ 760 staff including 360 Financial Advisers
Slide 6: Corporate Structure & Businesses
CORPORATE STRUCTURE & BUSINESSES
Slide 7: BFG Board and Senior Management
BFG BOARD AND SENIOR MANAGEMENT Professional board with deep industry understanding. A deliberately flat management structure that is experienced, stable and has a substantial shareholding in the business. BELL FINANCIAL GROUP BOARD Alastair Provan Graham Cubbin Brian Wilson AO Christine Feldmanis E
Slide 8: Broking, Technology & Platforms, Products & Services
BROKING TECHNOLOGY & PLATFORMS PRODUCTS & SERVICES RETAIL & INSTITUTIONAL ─ Retail Equities (Domestic & International) Six distinct business units operate within Third Party Platform: ─ Bell Potter Portfolio Lending ─ Institutional Equities ─ Bell Financial Trust ─ 24-hour Futures & FX Desk 1. Priva
Slide 9: Brokerage Revenue, ECM and Syndication, Sponsored Holdings
BROKERAGE REVENUE ECM AND SYNDICATION SPONSORED HOLDINGS ($B) (RETAIL & INSTITUTIONAL) ($M) REVENUE ($M) 109.0 105.7 110 45.0 110 40.4 100 100 92.6 94.6 40.0 91.6 85.8 90 83.0 33.5 34.6 90 35.0 80 29.2 80 71.7 30.0 27.7 69.6 66.4 65.3 25.9 70 70 25.0 85.2 60 54.6 60 72.9 76.6 106.4 48.1 20.0 64.4 73
Slide 10: Consistent growth in revenue, profit, sponsored holdings and client accounts
Consistent growth in revenue, profit, sponsored holdings and client accounts over an extended period. ─ $18.3 million in Revenue. ─ $2.9 million Profit After Tax ─ $31.1 billion in Sponsored Holdings ─ 225,000 Client Accounts. REVENUE ($M) PROFIT AFTER TAX ($M) SPONSORED HOLDINGS ($B) CLIENT ACCOUNT
Slide 11: Loan Book, Bell Financial Trust, Client Funds at Call
─ $521 million loan book at 31 August 2021. ─ $476 million client funds at call at 31 August 2021. ─ Revenue: Margin Lending & Client Funds at Call ─ Revenue: PAS & Super Solutions LOAN BOOK ($M) BELL FINANCIAL TRUST ($M) REVENUE ($M) REVENUE CLIENT FUNDS AT CALL PORTFOLIO LENDING & CLIENT FUNDS PAS
Slide 12: Group Financial Summary
GROUP FINANCIAL SUMMARY
Slide 13: PAS, Funds Under Advice, CHESS Sponsored Holdings
PAS ($B) FUNDS UNDER ADVICE ($B)* CHESS SPONSORED HOLDINGS ($B) ↑ 5.6% on December 2020 ↑ 16.6% on December 2020 ↑ 17.7% on December 2020 3.8 4 3.6 80 74.5 80 3.4 67.7 3.5 70 63.9 70 3 2.8 58.4 57.5 2.7 60 60 52.1 2.3 2.5 47.2 46.8 31.1 50 50 42.2 41.6 38.8 2 34.4 26.5 40 40 22.0 1.5 30 15.7 16.7 30
Slide 14: Consistent growth in Revenue, NPAT, and Earnings per Share
Consistent growth in Revenue, NPAT, and Earnings per Share. REVENUE ($M) NPAT ($M) EARNINGS PER SHARE (CENTS) 16 350 50 46.7 14.6 299.3 45 14 300 CAGR +29.9% CAGR +12.9% CAGR +23.9% 254.5 40 12 250 10.2 220.0 35 32.4 205.8 10 200 184.3 190.6 30 27.3 8.4 8.5 176.8 7.8 24.4 8 7.3 25 23.3 150 20.6 6.2
Slide 15: Consistent growth in EBITDA Margin, Return on Equity, and Dividends
Consistent growth in EBITDA Margin, Return on Equity, and Dividends over an extended period supported by a solid cash-backed Balance Sheet with no core operating debt. EBITDA MARGIN RETURN ON EQUITY DIVIDENDS PAID ($M) AND GROSS BALANCE SHEET DIVIDEND YIELD (%) As at 31 August 2021 $40 40% 26% 30% 2
Slide 16: Strategy
STRATEGY
Slide 17: Simple strategy: growth through broking plus technology investment
We have a simple strategy. Growth through our traditional full service broking businesses augmented by investment in leading edge technology through our ongoing commitment to the continuous development of our proprietary systems and platforms and suite of products and services. Our investment in tec
Slide 18: Investment in Growing Revenue Streams
INVESTMENT IN GROWING REVENUE STREAMS Investment in proprietary technology and platforms plus products and services is a significant component of our ongoing business development. The result is better outcomes for our staff and clients and real growth opportunities across our business. ─ Approximate
Slide 19: Market Update
MARKET UPDATE
Slide 20: Finalising renewal of long term property leases
▪ Unaudited Revenue for the 8 months to 31 August was $190.6m, 7.8% ahead of the p.c.p. ($176.8 million). ▪ Unaudited Profit after Tax for the 8 months to 31 August was $27.3m, 17.2% ahead of the p.c.p. ($23.3 million). ▪ A strong pipeline of ECM work between now and the end of the year. ▪ We curren
Slide 21: Important Disclaimer
Important Disclaimer The material contained in this presentation has been prepared by Bell Financial Group Limited ABN 59 083 194 763 (Bell Financial Group] and is general background information about the businesses, operations and activities of Bell Financial Group and its subsidiaries, current as
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