Banca Transilvania Sa · BVB:TLV
Banca Transilvania Sa — 9M 2024 Earnings Presentation
34 slides from Banca Transilvania Sa's earnings presentation, Nov 11, 2024
Slide 1: Banca Transilvania 9M 2024 Financial Results
Banca Transilvania 9M 2024 Financial Results The 11th of November 2024
Slide 2: Disclaimer
DISCLAIMER The information contained in the present undertakes no obligation to update publicly any document has not been independently verified of them in light of new information or future and no representation or warranty expressed or events. None of Banca Transilvania or any of its implied is ma
Slide 3: Agenda
AGENDA Macroeconomic Business Risk Sustainability Landscape Performance 1 2 3 4 BT Financial Digital Appendix Group 5 6 7
Slide 4: Romanian Economy
Macroeconomic Business BT Financial Risk Sustainability Digital Appendix Landscape Performance Group ROMANIAN ECONOMY ENDOGEN & EXOGEN FACTORS TO SUSTAIN ROMANIA, A KEY ECONOMY IN THE CEE STRONG GROWTH DYNAMICS OUTPERFORMANCE Population, 2023, MM % Real GDP Growth, Average 2015–2023 Ireland 8.3 • Ro
Slide 5: Banking Sector Indicators
Macroeconomic Business BT Financial Risk Sustainability Digital Appendix Landscape Performance Group BANKING SECTOR INDICATORS ROMANIAN BANKING SECTOR KEY HIGHLIGHTS OF MARKET SHARES BY TOTAL ASSETS THE BANKING SECTOR INCREASED EVOLUTION OF RESILIENCE ASSET QUALITY 284 % 2.49 % Liquidity coverage No
Slide 6: Banking Sector Evolution
Macroeconomic Business BT Financial Risk Sustainability Digital Appendix Landscape Performance Group BANKING SECTOR EVOLUTION LENDING GROWTH HIGHER THAN THE EU AVG. DEPOSITS WELL ABOVE THE EU AVG. ASSET QUALITY REMAINS STRONG Corporate loans (%, YoY) Corporate deposits (%, YoY) NPL ratio (%) Corpora
Slide 7: Agenda
AGENDA Macroeconomic Business Risk Sustainability Landscape Performance 1 2 3 4 BT Financial Digital Appendix Group 5 6 7
Slide 8: BT Performance
Macroeconomic Business BT Financial Risk Sustainability Digital Appendix Landscape Performance Group BT PERFORMANCE INDIVIDUAL CONSOLIDATED PROFITABILITY 9M 2024 9M 2023 Δ 9M 2024 9M 2023 Δ Net interest income RON | MN 4,096.3 3,099.5 32.2% 5,011.4 3,793.5 32.1% Net fee and commission income RON | M
Slide 9: BT Individual: Trends in Income
Macroeconomic Business BT Financial Risk Sustainability Digital Appendix Landscape Performance Group TRENDS IN INCOME RON | MN NIM 7.00% BT INDIVIDUAL 6.75% 6.50% Net Net fee & Net trading Net interest commission income gain/loss 4.50% income income from fin. 3.47% assets 3.44% 2.97% 3.17% 2.83% 2.5
Slide 10: BT Individual: Trends in Opex
Macroeconomic Business BT Financial Risk Sustainability Digital Appendix Landscape Performance Group TRENDS IN OPEX RON | MN C/I RATIO * BT INDIVIDUAL 42.38%** Depreciation Other Personnel 49.7% and operating expenses amortization expenses* 46.5% 45.6% 48.1% 45.3% 45.6% 1,444 1,208 2019 2020 2021 20
Slide 11: Sustained Portfolio Growth
Macroeconomic Business BT Financial Risk Sustainability Digital Appendix Landscape Performance Group SUSTAINED PORTFOLIO GROWTH LOANS TO HOUSEHOLD BT INDIVIDUAL 5.7 % 18.7 19.0 Housing Housing 92 % RON 31.4 12.7 33.2 14.2 BN RON Consumer BN RON Consumer 8 % FCY 0.04 0.09 Other Other Sep/24 Dec/23 Se
Slide 12: Growing Depositor's Base
Macroeconomic Business BT Financial Risk Sustainability Digital Appendix Landscape Performance Group GROWING DEPOSITOR’S BASE DEPOSITS FROM HOUSEHOLD 7.4 % BT INDIVIDUAL 61 % 39.8 41.0 Current RON 86.3 accounts 92.6 Current accounts BN RON BN RON 39 % 46.5 FCY Deposits 51.6 Deposits Sep/24 Dec/23 Se
Slide 13: Retail Banking: ~RON 6.2bn in New Production
Macroeconomic Business BT Financial Risk Sustainability Digital Appendix Landscape Performance Group RETAIL BANKING: ~RON 6.2BN IN NEW PRODUCTION RETAIL LOANS, RON BN RETAIL DEPOSITS, RON BN 5.7 % 7.4 % BT INDIVIDUAL 33.2 92.6 31.4 86.3 29.0 26.9 77.9 24.0 68.4 23.0 60.3 50.9 Sep Sep 2019 2020 2021
Slide 14: SME & Corporate Banking: ~RON 17.5bn in New Production
Macroeconomic Business BT Financial Risk Sustainability Digital Appendix Landscape Performance Group SME & CORPORATE BANKING: ~RON 17.5BN IN NEW PRODUCTION CORPORATE LOANS, RON BN SME LOANS, RON BN 7.1 28.7 % BT INDIVIDUAL % 11.7 37.9 35.4 9.1 30.4 8.2 6.8 22.2 6.1 5.5 12.7 13.4 Sep Sep 2019 2020 20
Slide 15: Agenda
AGENDA Macroeconomic Business Risk Sustainability Landscape Performance 1 2 3 4 BT Financial Digital Appendix Group 5 6 7
Slide 16: Sound Credit Risk Management
Macroeconomic Business BT Financial Risk Sustainability Digital Appendix Landscape Performance Group SOUND CREDIT RISK MANAGEMENT COST OF RISK, % STOCK OF LOAN LOSS PROVISIONS, BN RON 1.93% BT INDIVIDUAL BT CONSOLIDATED 1.78% 7.54 % 7.45% 5.22 4.85 0.10 4.52 0.05 4.70 0.03 0.09 4.37 3.94 1.80 4.02 0
Slide 17: Prudent Underwriting Leading to Strong Asset Quality
Macroeconomic Business BT Financial Risk Sustainability Digital Appendix Landscape Performance Group PRUDENT UNDERWRITING LEADING TO STRONG ASSET QUALITY NPL COVERAGE RATIO* (EBA), % NPL COVERAGE RATIO (PAR90), % BT INDIVIDUAL 203 208 195 166 57 47 44 41 38 33 25 133 94 98 83 84 87 87 89 76 80 Sep S
Slide 18: Comfortable Capital Position
Macroeconomic Business BT Financial Risk Sustainability Digital Appendix Landscape Performance Group COMFORTABLE CAPITAL POSITION CAPITAL RATIOS (INCLUDING INTERIM PROFIT AS OF SEP 2024), % OWN FUNDS’ STRUCTURE, % BT INDIVIDUAL 26.26 26.26% 56.4 % 9.08 CET 1 Capital instruments 22.88% CET1 17.18% 22
Slide 19: High Liquidity Levels Maintained
Macroeconomic Business BT Financial Risk Sustainability Digital Appendix Landscape Performance Group HIGH LIQUIDITY LEVELS MAINTAINED ALLOCATION AND IMPACT REPORT MREL STRATEGY - UPDATES 7.6 13.9 • 3rd bond issuance under the EMTN2023 Other Equity 7.2 4.7 • EUR 700mio, 6NC5, coupon of 5.125% Due fro
Slide 20: Agenda
AGENDA Macroeconomic Business Risk Sustainability Landscape Performance 1 2 3 4 BT Financial Digital Appendix Group 5 6 7
Slide 21: Sustainability Updates in Q3
Macroeconomic Business BT Financial Risk Sustainability Digital Appendix Landscape Performance Group SUSTAINABILITY UPDATES IN Q3 ALLOCATION AND IMPACT REPORT FOCUS ON DIE OUR 1ST IMPACT AND ALLOCATION REPORT FIRST BANKING UNIT IN ROMANIA ADDRESSING WAS PUBLISHED IN SEPTEMBER 2024 DISABILITIES • BT
Slide 22: Our 1st Impact and Allocation Report
Macroeconomic Business BT Financial Risk Sustainability Digital Appendix Landscape Performance Group OUR 1ST IMPACT AND ALLOCATION REPORT IMPACT OF GREEN LOANS IMPACT OF SOCIAL LOANS ANNUAL GHG EMISSIONS TOTAL CONTRIBUTION TO AVOIDED/REDUCED ROMANIAN GROSS OUTPUT 4,865 tCO year e/ 2 6,286.40 EUR MN
Slide 23: Agenda
AGENDA Macroeconomic Business Risk Sustainability Landscape Performance 1 2 3 4 BT Financial Digital Appendix Group 5 6 7
Slide 24: Digital Power: Enabling Financial Access
Macroeconomic Business GMS BT Financial Risk Sustainability Digital Appendix Landscape Performance Decisions Group DIGITAL POWER: ENABLING FINANCIAL ACCESS BT PAY: THE UNLIMITED APP Q3‘24 vs Q3’23 Q3‘24 vs Q3’23 34 NO. NFC PAYMENTS % 50 VOL. FUND TRANSFERS % BT PAY SERVING AS AN ENGINE FOR GROWTH VI
Slide 25: Agenda
AGENDA Macroeconomic Business Risk Sustainability Landscape Performance 1 2 3 4 BT Financial Digital Appendix Group 5 6 7
Slide 26: BT Financial Group Overview
Macroeconomic Business BT Financial Risk Sustainability Digital Appendix Landscape Performance Group BT FINANCIAL GROUP OVERVIEW Net Profit Net Profit Net Profit Net Profit RON 2,708.86 MN RON 28.10 MN RON 16.60 MN RON 28.00 MN Total Assets Total AUM Total Assets Total Assets RON 176,479 MN RON 5,74
Slide 27: BT Financial Group Highlights
Macroeconomic Business BT Financial Risk Sustainability Digital Appendix Landscape Performance Group BT FINANCIAL GROUP HIGHLIGHTS BANCA TRANSILVANIA BT MIC • Largest bank in Romania and SE Europe • >800 financed clients • 20.3% market share • First financier for 77% of clients • 4.4 million active
Slide 28: First Consolidation of Acquired OTP Entities
Macroeconomic Business BT Financial Risk Sustainability Digital Appendix Landscape Performance Group FIRST CONSOLIDATION OF ACQUIRED OTP ENTITIES BARGAINING GAIN CONTRIBUTION • RON 675 MN in bargaining gain Out of consolidated Total Assets • Recognized at closing date 7.0 % • Non-taxable On an adjus
Slide 29: Agenda
AGENDA Macroeconomic Business Risk Sustainability Landscape Performance 1 2 3 4 BT Financial Digital Appendix Group 5 6 7
Slide 30: Annex 1: Income Statement, IFRS Individual
Macroeconomic Business BT Financial Risk Sustainability Digital Appendix Landscape Performance Group ANNEX 1: INCOME STATEMENT, IFRS INDIVIDUAL RON | MN 9M 2024 9M 2023 Δ Net interest income 4,096.3 3,099.5 32.2% Net fee and commission income 937.7 815.2 15.0% Net trading income 469.4 451.5 4.0% Oth
Slide 31: Annex 1: Balance Sheet, IFRS Individual
Macroeconomic Business BT Financial Risk Sustainability Digital Appendix Landscape Performance Group ANNEX 1: BALANCE SHEET, IFRS INDIVIDUAL RON | MN SEP 2024 DEC 2023 Δ Cash & cash equivalents 23,788.5 22,286.3 6.7% Placements with banks and public institutions 7,226.3 12,619.3 -42.7% Loans to cust
Slide 32: Annex 2: Income Statement, IFRS Consolidated
Macroeconomic Business BT Financial Risk Sustainability Digital Appendix Landscape Performance Group ANNEX 2: INCOME STATEMENT, IFRS CONSOLIDATED RON | MN 9M 2024 9M 2023 Δ Net interest income 5,011.4 3,793.5 32.1% Net fee and commission income 1,089.5 941.7 15.7% Net trading income 646.6 524.8 23.2
Slide 33: Annex 2: Balance Sheet, IFRS Consolidated
Macroeconomic Business BT Financial Risk Sustainability Digital Appendix Landscape Performance Group ANNEX 2: BALANCE SHEET, IFRS CONSOLIDATED RON | MN SEP 2024 DEC 2023 Δ Cash & cash equivalents 29,407.8 24,252.6 21.3% Placements with banks and public institutions 6,618.0 12,273.0 -46.1% Loans to c
Slide 34: Thank You
THANK YOU investor.relations@btrl.ro +40 264 407 150 +40 264 301 128 Calea Dorobantilor, Nr. 30- 36, Cluj-Napoca, Romania