Tisco Financial Group Public Co. Ltd. · SET:TISCO
Tisco Financial Group Public — Q3 2023 Earnings Presentation
19 slides from Tisco Financial Group Public's earnings presentation, Oct 12, 2023
Slide 1: TISCO Financial Group Analyst Meeting 3Q2023
TISCO Financial Group Public Co., Ltd. Analyst Meeting 3Q2023 October 12, 2023
Slide 2: Consolidated Income Statements
Consolidated Income Statements Unit : Million Baht 3Q22 2Q23 3Q23 % QoQ % YoY 9M22 9M23 % YoY Interest Income 3,755 4,397 4,666 6.1 24.3 10,927 13,198 20.8 Interest Expenses (533) (978) (1,110) 13.5 108.1 (1,538) (2,935) 90.8 Net Interest Income 3,221 3,420 3,557 4.0 10.4 9,389 10,263 9.3 Fee & Serv
Slide 3: Assets and Liabilities
Assets and Liabilities Assets Liabilities Unit: Million Baht Unit: Million Baht -0.2% +3.2% -0.3% +4.9% QoQ YTD QoQ YTD Unit : Million Baht 2022 2Q23 3Q23 % QoQ % YTD Unit : Million Baht 2022 2Q23 3Q23 % QoQ % YTD Loans 219,004 230,494 231,794 0.6 5.8 Deposits & 198,983 208,303 207,433 (0.4) 4.2 Bor
Slide 4: Loan Portfolios
Loan Portfolios Total Loans Unit: Million Baht -0.1% +0.6% +5.8% QoQ QoQ YTD Retail Loans +0.5% YTD +2.6% QoQ Corporate Loans +29.8% YTD Loans by sectors -1.1% QoQ SME Loans -12.1% YTD 4
Slide 5: Retail Loan Portfolio Breakdown
Retail Loan Portfolio Breakdown Unit: Million Baht -0.1% QoQ +0.5% YTD -1.7% QoQ -4.1% YTD +2.8% QoQ +3.7% QoQ +11.2% YTD -3.0% QoQ +2.8% QoQ +10.1% YTD -8.8% YTD +5.3% YTD 5
Slide 6: TISCO Auto Cash
TISCO Auto Cash Auto Cash Loans Unit: Million Baht Auto Cash +2.8% +11.2% QoQ YTD Somwang +4.7% +17.4% QoQ YTD Loan Generated through Somwang channel Somwang Branches 6
Slide 7: Industry Car Sale & Penetration Rate
Industry Car Sale & Penetration Rate Industry New Car Sale TISCO’s Auto HP Penetration Rate TISCO’s Penetration Rate (%) Industry Car Sale (‘000 units) Industry Car Sale -6.2% 8M YoY 7
Slide 8: Interest Income & NIM
Interest Income & NIM Yield on Loans Net Interest Income Unit: Million Baht Loan Spread +9.3% YoY +4.0% +10.4% QoQ YoY Cost of Funds Loan Spread NIM 8
Slide 9: Asset Quality
Asset Quality Loan Classification Non-Performing Loans Unit: Million Baht Unit: Million Baht NPLs Stage 2 Stage 1 2022 2Q23 3Q23 NPLs by Loan Types Million Baht % Million Baht % Million Baht % Corporate - - - - - - SME 87 0.6 66 0.5 92 0.7 Hire Purchase 2,606 2.4 2,783 2.6 2,837 2.6 Mortgage 840 8.2
Slide 10: Expected Credit Loss
Expected Credit Loss Expected Credit Loss Unit: Million Baht Allowance for ECL Unit: Million Baht Coverage Ratio Excess Reserve Expected Credit Loss (ECL) 10
Slide 11: Funding
Funding Total Funding Unit: Million Baht -0.4% +4.2% QoQ YTD Unit : Million Baht 2022 2Q23 3Q23 % QoQ % YTD Current 1,821 1,469 1,423 (3.1) (21.9) Savings 42,930 33,656 31,767 (5.6) (26.0) Fixed Deposits 143,515 164,232 167,607 2.1 16.8 Short-Term Bill of Exchanges 37 36 36 - (2.2) Senior Debentures
Slide 12: Non-Interest Income
Non-Interest Income Non-Interest Income from Core Businesses Non-Interest Income from Core Businesses Breakdown Data as of 9M2023 Unit: Million Baht -3.0% YoY +1.4% -4.7% QoQ YoY Unit : Million Baht 3Q22 2Q23 3Q23 % QoQ % YoY 9M22 9M23 % YoY Ba nki ng Fee 852 787 800 1.7 (6.1) 2,464 2,389 (3.1) Banc
Slide 13: Asset Management Business
Asset Management Business Assets Under Management Rank #1 Unit: Million Baht +1.1% +1.5% Provident Fund QoQ YTD +1.3% QoQ +1.2% YTD Rank #12 Mutual Fund -3.6% QoQ -0.3% YTD Rank #9 Rank #6 Private Fund +4.0% QoQ +3.9% YTD *Remark: Market Share and Rankings as of August 2023 13
Slide 14: Brokerage Business
Brokerage Business TISCO Trading Volume & Market Share Unit: Million Baht Trading Volume by Customers 14
Slide 15: Operating Expenses
Operating Expenses Operating Expenses Unit: Million Baht +9.9% Cost to Income Ratio YoY -2.1% +8.6% QoQ YoY Unit : Million Baht 3Q22 2Q23 3Q23 % QoQ % YoY 9M22 9M23 % YoY Empl oyee Expens es 1,511 1,603 1,611 0.5 6.6 4,559 4,784 4.9 Premi s es & Equi pment Expens es 161 208 206 (0.9) 27.7 498 602 20
Slide 16: Capital Adequacy
Capital Adequacy Capital Base of TISCO Bank Unit: Million Baht Capital Adequacy Ratio BIS Ratio Tier I Ratio Min. Required by BOT 11.0% BIS Ratio 8.5% Tier I Ratio *Remark: Projected figures 16
Slide 17: Employees and Branch Network
Employees and Branch Network Total Employees Number of Employees Total Branch Network Somwang Loan Offices Bank Branches 17
Slide 18: Investor Relations
Investor Relations TISCO Financial Group Public Company Limited 48/49 TISCO Tower, North Satorn Road, Silom, Bangrak, Bangkok, 10500, Thailand +(66) 2633 6868 +(66) 2633 6855 ir@tisco.co.th www.tisco.co.th Disclaimer This presentation material may contain forward-looking statements. These forward-lo
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