Uco Bank · NSE:UCOBANK
Uco Bank — Q1 FY2024-25 Earnings Presentation
55 slides from Uco Bank's earnings presentation, Jul 22, 2024
Slide 1: UCO Bank – Presentation on Reviewed Financial Results
यूको बैंक UCO BANK सम्मान आपके विश्वास का Honours Your Trust ________________________________________________________________________________________ HO/Finance/Share/134/2024-25 Date: 22.07.2024 National Stock Exchange of India Ltd. BSE Limited “Exchange Plaza” Phiroze Jeejeebhoy Towers Plot no. C/
Slide 2: Financial Results: June Q1 (FY 2024-25)
यक ू ो बक UCO BANK व ीय प रणाम: जून तमाह ( व ीय वष २०२४-२५) Financial Results: June Q1 (FY 2024-25) Connect with us @ official.ucobank:
Slide 3: Contents
Contents Major Highlights 3-4 Business Performance 5-18 Financials 19-28 Asset Quality 29-35 Capital & Shareholding 36-37 Business Network 38-40 Digital Journey 41-47 ESG Initiative 48-50 Products & Services and Highlights 51-52 Page 2
Slide 4: Major Economic Highlights
Major Economic Highlights Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services • On the supply side, industry and services sectors were the primary growth drivers in FY2023-24 which grew at 8.2 perc
Slide 5: Major Highlights
Major Highlights Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services Business Deposit Savings Current CASA Share CD Ratio (Domestic) (Domestic) (Domestic) ₹461408 Cr. ₹268155 Cr. 72.07% ₹86290 Cr.
Slide 6: Total Business
Total Business Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services Business Mix (₹ in Cr) Jun-23 Mar-24 Jun-24 Q-Q (%) Y-Y (%) Business 461408 Global Business 413972 450007 461408 2.53 11.46 450007
Slide 7: Global Deposits
Global Deposits Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services Savings Current 81814 86029 86290 Growth (%) Particulars (₹ in Cr) Jun-23 Mar-24 Jun-24 9833 12091 12074 Q-Q Y-Y 1. Domestic Depo
Slide 8: Domestic Advances
Domestic Advances Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services Q-o-Q Y-o-Y ₹ in (Cr) Jun-23 Mar-24 Jun-24 38.52% 39.91% 38.75% (%) (%) 1. Domestic Advances 139804 162272 166597 2.67 19.16 Co
Slide 9: Retail Mix
Retail Mix Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services June-24 Particulars Growth Growth Home Loan Vehicle Loan Jun-23 Mar-24 Jun-24 (₹ in Cr) (Q-Q) % (Y-Y) % Personal Loan Others Home Loan
Slide 10: Agriculture
Agriculture Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services Agriculture (₹ in Cr) Jun-23 Mar-24 Jun-24 Q-o-Q (%) Y-o-Y (%) 1.Farm Credit (Crop, Investment & Allied) 18694 21416 22871 6.79 22.34
Slide 11: MSME Portfolio Mix
MSME Portfolio Mix Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services SMALL TOTAL MICRO MEDIUM 33,051 Cr 11,571 Cr 815 Cr 20,665 Cr (35.01%) (2.47%) (65.52%) 33,051 Cr 12,045 Cr 767 Cr 19,902 Cr (
Slide 12: MSME Portfolio Mix
MSME Portfolio Mix Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services Performance under GECL Facility Performance under PMMY GECL (₹ in Cr.) Upto Jun-24 Qtr PMMY (₹ in Cr.) Jun-24 Qtr Amount Sanct
Slide 13: Priority Sector Advances
Priority Sector Advances Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services Segment (₹ in Cr) RBI Benchmark (%) Mandatory Target Achievement Achievement (%) Priority Sector 40% 60114 78417 52.18%
Slide 14: Financial Inclusion Growth
Financial Inclusion Growth Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services PMSBY (In Lakhs) PMJJBY (In Lakhs) APY Accounts ( In Lakhs) 23.42% JUNE 2024 Qtr 27.86 % 54.98 17.20 % 10.96 24.46 8.8
Slide 15: Sectoral Credit-Advances (Dom.)
Sectoral Credit-Advances (Dom.) Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services % share to Dom. % share to Dom. % share to Dom. Sector (₹ in Cr.) 30.06.2023 31.03.2024 30.06.2024 Advances Advan
Slide 16: Standard NBFC Advances
Standard NBFC Advances Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services Standard NBFC (₹ in Cr.) 30.06.2023 31.03.2024 30.06.2024 % % % Domestic Overseas Global Domestic Overseas Global Domestic
Slide 17: Rating Mix (of advances above ₹25 Cr)
Rating Mix (of advances above ₹25 Cr) Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services Rating Grade (₹ in Cr) Jun-23 % Share Mar-24 % Share Jun-24 % Share Advances(Dom) Mix of Benchmark Rate 0.0
Slide 18: Investment Portfolio
Investment Portfolio Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services Sl. Parameters (₹ in Cr) Jun-23 Mar-24 Jun-24 1 Domestic Investment 93213 92970 92099 a SLR 65838 66418 67557 SLR as % to Do
Slide 19: Non SLR Investment
Non SLR Investment Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services Jun-23 Mar-24 Jun-24 Sl. Parameters (₹ in Cr) O/S % Share O/S % Share O/S % Share 1 PSU Bonds 616 2.25 553 2.08 543 2.21 2 Cor
Slide 20: Profitability
Profitability Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services Quarter Ended Growth FY Sl. Parameters ( ₹ in Cr.) Jun-23 Mar-24 Jun-24 Q-O-Q (%) Y-O-Y (%) 23-24 1 Interest Income 5224 5860 6024
Slide 21: Net Interest Income
Net Interest Income Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services Quarter Ended Growth FY Sl. Particulars ( ₹ in Cr.) Jun-23 Mar-24 Jun-24 Q-O-Q (%) Y-O-Y (%) 23-24 1 Interest Income 5224 586
Slide 22: Non Interest Income
Non Interest Income Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services Quarter Ended Growth FY Sl. Particulars ( ₹ in Cr.) Jun-23 Mar-24 Jun-24 Q-O-Q (%) Y-O-Y (%) 23-24 1 Fee Based Income 234 331
Slide 23: Operating Expenses
Operating Expenses Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services Quarter Ended Variation FY Sl. Particulars ( ₹ in Cr.) Jun-23 Mar-24 Jun-24 Q-O-Q (%) Y-O-Y (%) 23-24 1 Salary 773 823 858 4.2
Slide 24: Provision Details
Provision Details Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services Quarter Ended FY Sl. Particulars ( ₹ in Cr.) Jun-23 Mar-24 Jun-24 23-24 1 NPA 389 227 396 1068 2 NPI & Others 305 227 0 733 3 S
Slide 25: Key Financial Indicators
Key Financial Indicators Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services Quarter Ended FY Particulars Jun-23 Mar-24 Jun-24 23-24 Cost of Deposits (% ) 4.61% 4.82% 4.79% 4.78% Cost of Funds (% )
Slide 26: Key Financial Indicators (Qtr.)
Key Financial Indicators (Qtr.) Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services Yield on Advance Global (%) Yield on Advance Domestic (%) Yield on Funds (%) 9.06 8.26 8.72 8.11 8.48 8.46 8.80 8
Slide 27: Efficiency Ratio (Qtr.)
Efficiency Ratio (Qtr.) Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services NIM Domestic ( %) NIM Global ( %) 3.29 3.09 3.24 3.03 3.03 3.05 3.02 2.86 2.84 2.84 Jun-23 Sep-23 Dec-23 Mar-24 Jun-24 Ju
Slide 28: Productivity Ratio
Productivity Ratio Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services Business Per Branch ( ₹ in Cr.) Business Per Employee ( ₹ in Cr.) 143 22 139 21 135 20 129 130 19 19 Jun-23 Sep-23 Dec-23 Mar-
Slide 29: Balance Sheet
Balance Sheet Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services CAPITAL & LIABILITIES (₹ in Cr.) 30.06.2023 31.03.2024 30.06.2024 Capital 11956 11956 11956 Reserves & Surplus 13968 15401 15260 De
Slide 30: Asset Quality
Asset Quality Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services Gross NPA Net NPA ₹ in (Cr) Net NPA (%) Gross NPA % 7355 4.48 6939 6905 4.14 6463 6420 3.85 3.46 3.32 1877 1802 1700 1.18 1.11 0.98
Slide 31: Asset Quality
Asset Quality Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services ₹ in (Cr) Asset Classification Item Jun-23 Mar-24 Jun-24 ₹ in (Cr) Gross NPA (₹ in Cr.) 7355 6463 6420 Net NPA ₹ in (₹ in Cr.) 1877
Slide 32: Movement of NPA
Movement of NPA Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services Quarter Ended FY Sl. Item (₹ in Cr) Fresh Addition Quarter Ended Jun-23 Mar-24 Jun-24 Mar-24 (₹ in Cr) Jun-23 Mar-24 Jun-24 1 Ope
Slide 33: Segment NPA
Segment NPA Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services ₹ in (Cr) Sl. Sector 30.06.2023 31.03.2024 30.06.2024 % to respective % to respective % to respective No Gross Advances Gross NPA Gro
Slide 34: SMA Advances (1 Cr & above)
SMA Advances (1 Cr & above) Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services ₹ in (Cr) SMA Position of the Bank (1 cr and above) Jun-23 Mar-24 Jun-24 Parameters B/o (in Crs) % to Gross Advances
Slide 35: Restructured Advances
Restructured Advances Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services ₹ in (Cr) Restructured Standard Advance Out of Restructured Standard Advances COVID Restructuring (RF1 & RF 2) Parameters J
Slide 36: NCLT & NARCL
NCLT & NARCL Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services st nd Jun-2024 (₹ Cr.) 1 List 2 List Others Total Ex posure to number of accounts referred under IBC 9 16 212 237 Loan Outstanding 1
Slide 37: Capital Adequacy
Capital Adequacy Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services Particulars (₹ in Cr) Jun-23 Mar-24 Jun-24 CET-I Tier- I Tier- II Credit RWA 85889 98459 106507 CRAR 16.85 16.98 17.09 Market RW
Slide 38: Share Holding & Ratings
Share Holding & Ratings Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services Share Holding Pattern 30.06.2024 Basel III S.N Rating Agency AT-I Bonds Tier-II Bonds Rating Rating Others, 3.25 1 India
Slide 39: Our Presence
Our Presence Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services Domestic Overseas Branches ATM BCs Branches 2+1 3230 Rep. off. 2477 9985 South, 340 10.53% Central, 535 Urban, 632 Metro, 604 16.56%
Slide 40: Expanding Footprints
Expanding Footprints Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services Total No. of Domestic Branches 3230 20 181 175 11 57 100 3 62 7 243 300 147 8 8 241 15 Employee Profile 78 30 3 10.48% 392 1
Slide 41: Associate
Associate Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services Paschim Banga Gramin Bank Amount in Cr Quarter Ended FY Particulars Mar-23 Mar-24 22-23 23-24 Business 10318 11055 10318 11055 Deposit
Slide 42: Digital Offerings
Digital Offerings Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services Pre Positive Pay System Approved Personal Loan Account Information Top-up Gold Pension Loan & Loan Gold Various STP Journeys Re
Slide 43: Digital Offerings
Digital Offerings Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services •Corporate M-Banking Intergrated UPI Insta A/c Insta Opening FD/RD •Corporate E-Banking E-Commerce Intergrated Market Place IMP
Slide 44: Digital Offerings UCO UPI
Digital Offerings Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services UCO UPI PROVIDES INTERNATIONAL TRANSACTIONS व ीय प रणाम: जून तमाह ( व ीय वष २०२४-२५) Page 43
Slide 45: Digital Performance
Digital Performance Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services Debit Cards (In Lakhs) Internet Banking (In Lakhs) 16.62 8.98% 3.20% 129 125 15.25 Jun-23 Jun-24 Jun-23 Jun-24 Retail Mobile
Slide 46: Digital Transactions
Digital Transactions Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services Mobile Banking No of Transactions (In Lakhs) excluding Corporate Mobile Banking Transactions (In Lakhs) IMPS Transactions 53
Slide 47: New Digital Initiatives
New Digital Initiatives Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services •Password Reset facility to • Introduction of Dynamic • Introduction of ASBA Corporate Customers via Merchant QR HNI in M
Slide 48: Social Media Presence
Social Media Presence Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services @official.ucobank 25.000 @official.ucobank WhatsApp Banking 56,100 Say Hi to 8334001234 @uco-bank @UCOBankOfficial 24,200 4
Slide 49: ESG Initiative
ESG Initiative Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services ENVIRONMENT Moving towards paperless banking with focus on digital platforms and alternate delivery channels Minimized the use of
Slide 50: ESG Initiative
ESG Initiative Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services Contributed to Bihar Agriculture University, Sabour, for purchase of e-rickshaws to assist differently-abled individuals SOCIAL Co
Slide 51: ESG Initiative
ESG Initiative Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services Whistle Blower Policy to enhance transparency and accountability GOVERNANCE Enterprise Fraud Risk Management Solution (EFRMS) to p
Slide 52: Product & Services
Product & Services Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services व ीय प रणाम: जून तमाह ( व ीय वष २०२४-२५) Page 51
Slide 53: Highlights
Highlights Major Business Capital & Business Digital ESG Products & Financials Asset Quality Highlights Performance Shareholding Network Journey Initiatives Services SLBC Odisha anchored by UCO Bank UCO Bank pays dividend of INR 319 Cr was honoured with Visionary to Govt. of India for FY 2023-24 Lea
Slide 54: Disclaimer
Disclaimer This presentation has been prepared solely for information purposes, without regard to any specific objectives, financial situations or informational needs of any particular person. Certain forward-looking statements in these slides involve a number of risks, uncertainties and other facto
Slide 55: Thank you
Thank you