Pt Bank Permata Tbk Class A · IDX:BNLI
Pt Bank Permata Tbk Class A — Q3 2020 Earnings Presentation
34 slides from Pt Bank Permata Tbk Class A's earnings presentation, Nov 2, 2020
Slide 1: PT Bank Permata Tbk September 2020 Financial Result
PT BANK PERMATA Tbk September 2020 Financial Result as of 02 November 2020 Analyst Presentation Prepared by Investor Relations
Slide 2: Disclaimer
Disclaimer Laporan ini disusun oleh PT Bank Permata Tbk secara independen dan diedarkan hanya untuk tujuan informasi umum. Hal ini tidak dimaksudkan untuk orang tertentu yang mungkin menerima laporan ini. Informasi dalam laporan ini telah diperoleh dari sumber-sumber yang kami anggap dapat dipercaya
Slide 3: Presentation Content
Presentation Content 1 MACRO ECONOMY UPDATES 2 PERMATA BANK IN BRIEF 3 FINANCIAL PERFORMANCE HIGHLIGHTS 4 BUSINESS UPDATE 5 OTHER INFORMATION 3
Slide 4: Macro Economy
Macro Economy Decreasing interest rate to boost domestic growth Deflation trend and already below BI target high range target 4.0% 3.39% 3.00% 2.98% 5.25% 5.00% 4.50% 4.75% 4.50% 2.0% 4.00% low range target 4.00% 1.32% 1.42% 1.54% Inflation (yoy) 7 Days Reverse Repo rate Jun-20 Apr-20 Dec-19 Mar-20
Slide 5: PermataBank in Brief
PermataBank in Brief Year Established 1955 Controlling Shareholders Listing at the Bourse Since 1990 at the Jakarta Stock Exchange and Surabaya Stock Exchange (both merged and now known as the Indonesian Stock Exchange (BEI) Asset ** Rp 166.8 tn (consolidated) Market Capitalization ** Rp 32.2 tn B
Slide 6: PermataBank Growth Strategies
PermataBank Growth Strategies A B C STRENGTHENING STRENGTHENING STRENGTHENING SYNERGY WITH FINANCIAL PERFORMANCE BUSINESS ENABLER SHAREHOLDERS REVENUE: Grow customer (incl. Leverage capabilities and CREDIT: Create credit culture to partnership), deepen relationship increase collaboration with
Slide 7: Financial Performance
Financial Performance 4 Wy PermataBank\V
Slide 8: Financial Performance Highlights
Financial Performance Highlights • LOAN GROWTH – Slightly declined by -4.3% (YoY) to Rp.102.9 Trillion in Q3-20 in line with the decline in credit demand due to the economic downturn as a result of COVID-19 outbreak. Bank continues to selectively provide loan for customers and industrial sectors tha
Slide 9: Financial Performance Highlights
Financial Performance Highlights • REVENUE GROWTH – Pre Provision Operating Profit (PPOP) was recorded at IDR 2.6 Trillion or grew by 20.4% (YoY) compared to the same period last year, which was mainly contributed by an increase in Net Interest Income of 8.6% (YoY) to IDR 4.7 Trillion by end Q3-20 a
Slide 10: Key Financial Highlights
Key Financial Highlights Sep 2019 Sep 2020 ∆ (%) Loans (Rp Tn) 107,6 → 102.9 -4.3% Gross NPL Ratio 3.3% → 3.8% 0.5% Net NPL Ratio 1.2% → 1.5% 0.3% NPL Coverage Ratio 164% → 118% -46% CASA Ratio 50% → 51% 0.8% [CASA (Rp Tn)]* 59.7 → 68 13.4% LDR 88% → 74.5% -13.5% NIM 4.2% → 4.4% 0.2% BOPO 87.2% → 92
Slide 11: Income Statement
Income Statement Published Report Normalized Profit YOY (in IDR bn) Sep-20 Sep-19 YOY Sep-20 (No rmalized P ro fit) Net Interest Income 4,653 4,286 9% 4,653 9% Non Interest Income 1,553 1,425 9% 1,553 9% Revenue 6,206 5,711 9% 6,206 9% Operating Expense 3,642 3,581 2% 3,642 2% Pre Provision Operatin
Slide 12: Balance Sheet
Balance Sheet (in IDR tn) Sep-20 Sep-19 YoY Dec-19 YTD Cash 1.6 1.8 -11.9% 2.3 -31% Placement with Bank Indonesia 16.5 14.8 11.5% 16.3 1% Placement with Other Banks 4.0 7.3 -45.2% 9.6 -58% Marketable Securities * 34.4 16.8 104.7% 11.9 190% Loans (gross) 102.9 107.6 -4.3% 108.2 -5% Allowance for Loan
Slide 13: Financial Ratios
Financial Ratios (in %) Sep-20 Dec-19 Sep-19 ∆ CET-1 ratio 20.5 18.7 18.6 2.0 Total CAR 21.6 19.9 19.8 1.8 Loan to Deposit Ratio (LDR) 75 86 88 -13 CASA Ratio 51 51 50 1 ROA 0.7 1.3 1.3 -0.6 ROE 2.7 7.2 7.1 -4.5 BOPO 92 87 87 5 CIR 60 62 64 -4 NIM 4.4 4.4 4.2 0.2 NPL Gross 3.8 2.8 3.3 0.4 NPL Net 1.
Slide 14: Focus and Selective on Healthier Loan Growth
Focus and Selective on Healthier Loan* Growth -4.2% YOY -1.8% (Sep 2018 - Sep 2020 CAGR) 110.2 107.9 107.3 106.6 106.3 106.7 104.5 103.4 102.7 Sep-18 Dec-18 Mar-19 Jun-19 Sep-19 Dec-19 Mar-20 Jun-20 Sep-20 Conventional and Sharia* By Currency* 14% 14% 15% 14% Sharia FCY 86% 86% Conventional 85% 86%
Slide 15: Loan Quality Weakened due to COVID-19
Loan Quality Weakened due to COVID-19 6.0% +48 bps YOY 4.6% 4.6% 4.8% 5.0% 4.3% 4.4% 3.8% 3.6% 3.7% 3.8% 4.0% 3.3% 3.2% Gross NPL 2.8% 3.0% 1.7% 1.7% 1.7% 1.7% 1.6% 1.8% 2.0% 1.5% 1.5% 1.3% 1.2% 1.3% 1.2% Net NPL 1.0% 0.0% Dec-17 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Sep-19 Dec-19 Mar-20 Jun-20
Slide 16: Restructured Loan Progress due to COVID-19
Restructured Loan Progress due to COVID-19 Loan Affected by Covid-19 Restructuring Progress Restructuring by Segment IDR 11.9 Trillion Request for Restructuring & Relaxation 90% Approved, 7% Rejected, 3% On progress 47% WB, 33% RB, 20% SME or 11.6% of Total Loan – Sep 2020 11.6% 7% 3% 20% 47% 33% 88
Slide 17: Growth Deposit, focus on CASA
Growth Deposit, focus on CASA Deposit Composition (IDR Trillion) 11.1% YOY YOY Growth • The third party funds balances increased 1.3 % (YTD) % by 11.1% from Sep-19 to Sep-20, mainly 133.3 120.0 122.9 driven by the increase in CASA by 13.4% YoY. +9% 65.7 60.3 60.7 • PB’s deposit strategy is continuou
Slide 18: Increasing NIM and Overall Yield
Increasing NIM and Overall Yield 10.0% 9.0% 8.3% 8.4% 8.4% 8.4% 7.9% 8.0% 8.1% 7.9% 7.6% 8.0% 7.0% 6.0% 4.8% 4.7% 4.6% 4.6% 5.0% 4.3% 4.3% 4.0% 3.9% 4.4% 4.0% 4.6% 4.4% 4.5% 3.0% 4.0% 4.1% 4.0% 4.2% 4.2% 3.8% 2.0% 1.0% 0.0% Sep-18 Dec-18 Mar-19 Jun-19 Sep-19 Dec-19 Mar-20 Jun-20 Sep-20 Yield of Inte
Slide 19: Strong Growth of Non Interest Income
Strong Growth of Non Interest Income NFI Composition* (IDR Billion) +9% 2,000 Sep-19 Sep-20 1,553 1,600 +27% 1,425 1,200 -5% 686 +10% -16% +8% -34% +82% 800 541 291 278 180 152 400 97 106 87 94 155 102 74 136 - Net Gain and Loan Related Trade Finance Bancassurance Security Agency Credit Card & E- Ot
Slide 20: Managable Operating Expenses
Managable Operating Expenses Expenses Composition* (IDR Billion) +2% +11% 3,581 3,642 -51% -9% +90% -15% 1,764 1,953 1,279 1,086 114 56 260 238 163 309 Staff Cost Marketing & Information Depreciation and Others Total Operating Promotion Technology amortization Expenses Sep-19 Sep-20 Operation Effici
Slide 21: Capital Position Remain Strong
Capital Position Remain Strong 21.3 21.6 19.8 19.9 19.6 20.2 20.5 18.6 18.7 18.4 12.5 12.5 12.5 10.0 10.0 Sep-19 Dec-19 Mar-20 Jun-20 Sep-20 Total CAR CET1 Minimum Requirement (incl. Buffer) Risk Weighted Asset (IDR Billion) CET-1 Ratio (%) +1.9% YOY -4,7 % YOY - - 1.3 0.3 0.2 0.0 0.1 20.5 115,361 1
Slide 22: Business Updates
Business Updates 4 Wy PermataBank\V
Slide 23: Retail Banking Business Strategy
Retail Banking Business Strategy In 2020, PermataBank will focus on development of Consumer Loan products The retail business strategy will focus on growing the number of customers, increasing third party funds, financing MSMEs / SMEs, digital transformation positioned to increase market share. FOCU
Slide 24: Wholesale Banking Business Strategy
Wholesale Banking Business Strategy WB will focus on Quality of Asset Growth and Return Optimizations ENSURE EXISTING PORTFOLIO REMAIN ROBUST Maintain communication with clients by staying up to date on business and business conditions. Regularly monitor customer business performance ASSET GROWT
Slide 25: Shariah Banking Business Strategy
Shariah Banking Business Strategy Key Achievements in 2020 25
Slide 26: Digital Banking Innovation
Digital Banking Innovation Keep innovate and continuously improve to our customers PermataMobile X Permatabank.com Permata Digital Branch Designed to deliver experience that is consistent across all our digital platforms 200+ FEATURES We will continue to look at our data, draw insights, Version 1.23
Slide 27: PermataMobile X
PermataMobile X Powerful Digital Banking Platform 27
Slide 28: PermataMobile X: Growth of User Download and Activity
PermataMobile X Growth of User Download and Activity # of Registration # of Active Users Average transaction user per (in thousands) (in thousands) month (in Million) ↑62% ↑53% ↑70% 1,102 551 97 682 361 57 241 113 17 2018 2019 Q3-2020 2018 2019 Q3-2020 2018 2019 Q3-2020 28
Slide 29: Other Information
Other Information 4 / Vi) \“ PermataBank\V
Slide 30: Board of Commissioner
Board of Commissioner Chartsiri Sophonpanich Chalit Tayjasanant Chong Toh Niramarn Laisathit President Commissioner Commissioner Commissioner Commissioner Haryanto Sahari Rahmat Waluyanto Goei Siauw Hong Yap Tjay Soen Independent Commissioner Independent Commissioner Independent Commissioner Indepen
Slide 31: Board of Director
Board of Director Ridha DM Wirakusumah Dhien Tjahajani Lea Kusumawijaya Abdy Salimin President Director Director Director Director Djumariah Tenteram Darwin Wibowo Herwin Bustaman Dayan sadikin Director Director Director Director 31
Slide 32: Shares Performance
Shares Perfromance Share Price (IDR) Trading vol (Thou. unit) 3,500 3060 700 3,000 600 2,500 2480 500 1975 2,000 400 1,500 1310 1,275 1285 1360 1260 1250 1260 1245 300 1,110 1,045 1325 1170 1,000 1,180 1,240 200 500 100 - - Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20
Slide 33: Company Ratings
COMPANY RATINGS As of Sep 2019 – Sep 2020 Rating Agencies Rating / Outlook Scores Corporate Rating id AAA / Stable Pefindo Pre Basel-III Sub Debt Rating id AA+ (Jun 2020) Basel-III Compliant Subordinated Bonds id AA Rating Fitch National Long Term Rating AA+(idn) / Stable (Mei 2020) National Short T
Slide 34: Thank You!
Thank You! Investor Relations Unit World Trade Center II Jl. Jend. Sudirman Kav. 29-31 Jakarta 12920 - Indonesia Phone : (62-21) 523 - 7899 / 7999 Website : www.permatabank.com Email : investor.relations@permatabank.co.id Disclaimer: This report has been prepared by PT Bank Permata Tbk independently