Banca Transilvania SA · BVB:TLV
Banca Transilvania SA — Q1 2022 Earnings Presentation
35 slides from Banca Transilvania SA's earnings presentation, 2022
Slide 1: Banca Transilvania Q1 Financial Results
BANCA TRANSILVANIA Q1 Financial Results
Slide 2: Disclaimer
The information contained in the present document has not been independently verified and no representation or warranty expressed or implied is made as to, and no reliance should be placed on the fairness, accuracy, completeness or correctness of this information or opinions contained herein. Banca
Slide 3: BT in Q1 2022
= BT in Q1 2022 Financial Performance Capital GMS decisions Sustainability Appendix
Slide 4: Real economy
REAL ECONOMY FDIs (EUR mn) (sum 12M) The post-pandemic economic recovery continued in 1Q 2022, but the 12,000 10,000 risk perception intensified, in the context of the regional geo- 8,000 political tensions 6,000 4,000 • According to the provisional data (2) of the National Institute of Statistics 2
Slide 5: Policy mix
POLICY MIX Inflation (HICP) vs. policy rate 15% The inflationary pressures consolidated on the upward trend in 1Q 2022, towards the highest level of the past decades, an evolution 10% that determined the central bank to continue the post-pandemic 5% monetary cycle 0% Apr-12 Apr-21 Apr-09 Apr-10 Apr-
Slide 6: Financial economy
FINANCIAL ECONOMY 3M ROBOR vs. Yield on 10 YR Bonds (%) The financing costs continued to increase in 1Q 2022, towards the 7 6 highest levels of the past years, an evolution determined by the 5 intensifying inflation and the geo-political tensions 4 3 • On the money market the monthly average interes
Slide 7: Loans
LOANS Loans (YoY) The non-government loans maintained on the upward trend during 25% 1Q 2022, an evolution supported by the low level of the real 20% 15% financing costs 10% 5% • The non-government loans rose for the 21st month in a row in February, 0% by 1.3% MoM to RON 330.8bn (a record level) (th
Slide 8: Deposits
DEPOSITS Deposits (YoY) The non-government deposits continued to increase in 1Q 2022, 25% but there can be noticed the deceleration of the YoY pace, an 20% 15% evolution also influenced by the intensifying inflationary pressures 10% 5% • The non-government deposits climbed by 0.5% MoM and by 12.6% Y
Slide 9: Financial Performance
€B Macroeconomic Landscape 3. | Financial Performance © sustainabil @ Appendix
Slide 10: IMM Invest 2022
IMM INVEST 2022 RON 613 mil 7,294 BT reinforced its engagement in the renewed government relief Agro 26% IMM Invest programs, IMM Invest & AGRO IMM Invest, along with M1 Micro 3,052 grants -42% chose BT IMM Invest 74% • RON ~450mn worth disbursements were made via IMM Invest Companies with 1,149 app
Slide 11: Chatbots in BT Retail Companies
CHATBOTS IN BT Alternative ways to manage client relashionships and RETAIL COMPANIES Raise higher the bar of customer experience Online appointment option now Online lending platform for available for all BT units, aimed to entrepreneurs launched in Dec’21 Livia de la BT improve and customize custom
Slide 12: Macroeconomic Landscape
Macroeconomic Landscape BT in Q1 2022 Financial Performance Capital GMS decisions Sustainability Appendix
Slide 13: Profitability 3M 2022
INDIVIDUAL CONSOLIDATED Profitability 3M 2022 3M 2021 Δ 3M 2022 3M 2021 Δ Net interest income, RONmn 810.3 665.9 21.7% 969.4 750.0 29.3% Net fee and commission income, RONmn 218.9 181.3 20.7% 259.0 213.3 21.5% Operating expenses, RONmn (587.2) (494.8) 18.7% (689.1) (553.5) 24.5% Pre-provision operat
Slide 14: Income and expenses 3M 2022 vs 3M 2021
+21.7% -12.1% 810 529 666 465 +20.7% +61.4% +18.7% 3M 2021 3M 2022 181 219 155 128 96 -32 Net interest Net fee & Net trading Net gain/loss income commission income from fin. assets Pre-provision income operating profit -495 -587 Operating RONmn expenses 14
Slide 15: Loans to households and companies
LOANS TO HOUSEHOLDS other 0.01 Dec/21 Mar/22 Mar/22 RON 26.9bn ↑2% RON 27.4bn LOANS TO COMPANIES Dec/21 Mar/22 Mar/22 RON 23bn ↑9% RON 25.1bn *SMEs identified according to internal classification rules 15
Slide 16: Stable NPL ratio below 2%
NPL COVERAGE RATIO Stable NPL (PAR90) ratio, below 2% (1.75%) 133% • Banca Transilvania continues to display a sound loan portfolio: 127% 128% 128% 125% 125% NPL ratio on a downward trend; • NPL coverage, including collaterals, stable in the first quarter 49% 57% 47% 44% 41% 40% of 2022 (125%), whil
Slide 17: Deposits from households and companies
DEPOSITS FROM HOUSEHOLDS Dec/21 Mar/22 Mar/22 ↓0.5% RON 68.1bn RON 68.4bn DEPOSITS FROM COMPANIES Dec/21 Mar/22 Mar/22 RON 34.3bn ↑0.9% RON 34.6bn *IMM-uri identificate în baza regulilor de clasificare internă 17
Slide 18: Retail loan portfolio reached RON 27.4bn
RETAIL LOANS, RON BN Retail loan portfolio reached RON 27.4bn at the end of Q1 2022 26.9 27.4 • ~3.3mn active clients and over 58,000 retail loans disbursed in 24.0 23.0 the first quarter of 2022, worth RON 1.96bn; 21.2 2.9 • Well positioned in the online payments area, with a portfolio of 16.7 4.8m
Slide 19: SME loan portfolio at RON 7.2bn
SME LOANS, RON BN SME (internal definition) loan portfolio at RON 7.2bn • Over 379,200 active clients, +1% increase vs EOY 2021; 6.8 7.2 • Loans worth ~RON 1bn granted during Q1’22, +78% vs the same 6.1 5.4 period of the previous year; 5.0 0.3 • Focus on three main pillars: 4.3 ✓ IMM TO GO - a virtu
Slide 20: Corporate loan portfolio consolidated to RON 17.9bn
CORPORATE LOANS, RON BN Corporate loan portfolio consolidated to RON 17.9bn • Over 11,400 active clients; 16.2 17.9 • Lending activity in Q1’22 rendered over 400 new loans, 13.4 12.6 12.7 amounting to RON 3.4bn 10.7 1.6 • Significant increase in new productions: 72% for MidCO segment and 171% for La
Slide 21: Capital
UL11\\S> Var TOY €B Macroeconomic Landscape @ srTinai 2022 (a) Financial Performance ©} GMs decisions © sustainability @) Appendix
Slide 22: Structure of own funds
STRUCTURE OF OWN FUNDS RON 10,3bn Total Capital Banca Transilvania has strong capital positions, well above those impose 1bn Retained earnings and reserves - 9% by capital requirements and regulatory guidance 1,5bn Other - 14% 20,61% 20,61% 1,5bn Tier 2 Capital - 15% 17,57% 3,04% 15,84% 1,73% 10,34%
Slide 23: GMS decisions
Macroeconomic Landscape BT in Q1 2022 Financial Performance Capital Sustainability Appendix
Slide 24: Board election, dividends and 2022 budget
New Board of Directors for the 2022 - 2026 mandate: ✓ Chairman of the Board of Directors obtained his sixth ELECTION OF THE BOARD OF DIRECTORS consecutive mandate ✓ two new members were elected Banca Transilvania will pay cash dividends: DIVIDENDS AT 5% YIELD ✓ gross dividend/share of 0.12 RON ✓ amo
Slide 25: Share capital increase, buybacks and Tiriac Leasing acquisition
Share capital increase by incorporating reserves from the net profit of 2021: SHARE CAPITAL INCREASE ✓ 765 million shares with a nominal value of 1 RON ✓ approx. 12 bonus shares will be granted for every 100 shares held at the record date SHARE BUYBACKS Share buyback of up to 40 million shares withi
Slide 26: Sustainability
| f Zz ) AVON UREUEEC HEEL) tet Macroeconomic Landscape BT in Q1 2022 Financial Performance Capital Appendix
Slide 27: Green loans by sector
SHARE OF GREEN LOANS BY SECTOR IN 2021, ACCORDING TO CAFI 0.07% Our objectives focus on increasing and promoting impact finance, i.e. green or sustainability-oriented lending. 0.07 C O M P A N I E S R E T A I L RON 538 MIL RON 144 MIL value of corporate green loans as loans to private individuals, i
Slide 28: Caring for the environment
CARING FOR THE ENVIRONMENT Impact financing also means our positive footprint in financing and 1,170kg supporting key areas for community and societal development Amount of plastic saved by cards made of recycled materials >32k 6,400 >111t of clients in agribusiness department, o/w >20k are small nu
Slide 29: Subsidiaries total assets
TOTAL ASSETS RON 121BN TOTAL ASSETS RON 617MN TOTAL ASSETS RON 1,434MN AUM RON 5,073MN TOTAL ASSETS RON 925MN TOTAL ASSETS RON 661MN AUM RON 129MN TOTAL ASSETS RON 3,836MN TOTAL ASSETS* RON 2,923MN *Value refers to Idea Group 29
Slide 30: Appendix
N Macroeconomic Landscape BT in Q1 2022 Financial Performance Capital GMS decisions Sustainability
Slide 31: Individual income statement 3M 2022
RONmn 3M 2022 3M 2021 Δ Net interest income 810.3 665.9 21.7% Net fee and commission income 218.9 181.3 20.7% Net trading income 154.8 95.9 61.4% Other net income (132.2) 80.3 -264.6% Operating income 1,051.8 1,023.5 2.8% Personnel expenses (339.0) (279.3) 21.4% D&A (82.1) (87.8) -6.4% Other operati
Slide 32: Individual statement of financial position
RONmn Mar/22 Dec/21 Δ Cash & cash equivalents 12,688.2 16,763.6 -24.3% Placements with banks and public institutions 4,928.4 9,612.7 -48.7% Loans to customers, net 54,610.7 52,238.5 4.5% T-bills & securities 44,904.7 42,785.7 5.0% Fixed assets 976.2 987.4 -1.1% Right-of-use assets 692.0 706.6 -2.1%
Slide 33: Consolidated income statement 3M 2022
RONmn 3M 2022 3M 2021 Δ Net interest income 969.4 750.0 29.3% Net fee and commission income 259.0 213.3 21.5% Net trading income 167.0 145.8 14.5% Other net income (99.2) 50.9 -294.9% Operating income 1,296.2 1,159.9 11.7% Personnel expenses (397.7) (313.5) 26.9% D&A (92.8) (89.6) 3.6% Other operati
Slide 34: Consolidated statement of financial position
RONmn Mar/22 Dec/21 Δ Cash & cash equivalents 14,327.2 18,320.9 -21.8% Placements with banks and public institutions 5,548.1 10,394.3 -46.6% Loans to customers, net 58,566.0 56,117.8 4.4% T-bills & securities 46,003.2 44,204.2 4.1% Fixed assets 1,491.3 1,492.9 -0.1% Right-of-use assets 480.6 492.0 -
Slide 35: Investor relations contact
30 – 36, Dorobanților Street, Cluj-Napoca, Cluj, 400117, Romania +40 264 407 150 | +40 264 301 128 investor.relations@btrl.ro www.bancatransilvania.ro/en/investor-relations www.bancatransilvania.ro