Liberty Financial Group Ltd · ASX:LFG
Liberty Financial — Shareholder Meeting (November 2022)
14 slides from Liberty Financial's shareholder meeting presentation, Nov 9, 2022
Slide 1: Liberty Group 2022 AGM – Chairman's Address and CEO's Address
9 November 2022 For personal use only Markets Announcement Office ASX Limited LIBERTY GROUP 2022 AGM – CHAIRMAN’S ADDRESS AND CEO’S ADDRESS In accordance with ASX listing rule 3.13.3, Liberty Group (ASX: LFG) attaches the Chairman’s address and the Chief Executive Officer’s address and accompanying
Slide 2: Chair Address and CEO Address
Liberty Group 2022 AGM – Chairman’s Address and CEO’s Address | 2 Chair Address The year ended 30 June 2022 for the Liberty Group has been one of solid results in the face of emerging macro-economic headwinds reinforcing the Group’s position as a leading financial services provider. For personal use
Slide 3: FY22 Operating and Financial Highlights, 1Q23 Highlights
Liberty Group 2022 AGM – Chairman’s Address and CEO’s Address | 3 FY22 Operating Highlights The financial year 2022 was a strong year, notwithstanding the challenges that our customers and team endured. For personal use only Average assets increased by 5% in FY22 to $12.7 billion. New loan originati
Slide 4: Loan Portfolio 1Q23 and Outlook commentary
Liberty Group 2022 AGM – Chairman’s Address and CEO’s Address | 4 New residential loan origination has remained relatively stable across the reporting periods. Secured lending has grown strongly in both our SMSF, commercial and asset finance areas. In particular, new customer solutions in asset fina
Slide 5: Liberty Financial Group Annual General Meeting November 2022
For personal use only Click to edit Master text styles Liberty Financial Group Annual General Meeting 9 November 2022
Slide 6: FY22 Operating Highlights
FY22 Operating Highlights For personal use only Click to edit Master text styles Average financial assets New assets originated Impaired loans $12.7b ($12.1b) $5.6b ($4.1b) $152m ($243m) +5% +36% -37% FTE Staff Broker NPS Customer NPS 524 (500) 81 (75) 64 (54) +5% +8% +19% *Balances represent: FY22
Slide 7: FY22 Financial Highlights
FY22 Financial Highlights For personal use only % Click to edit Master text styles [ Underlying NPATA Net revenue NIM $231m ($226m) $635m ($600m) 3.08% (3.08%) +2% +6% Stable BDD Cost to income Distribution 0bps (0bps) 23% (23%) 49bps (46bps) Stable Stable +7% *Balances represent: FY22 (FY21) change
Slide 8: 1Q23 Highlights
1Q23 Highlights For personal use only Click to edit Master text styles Record loan originations % Continued elevated residential loan discharge rate No material change in customer hardship $ Two new ABS issues totalling $1.4b Corporate rating affirmed at BBB- (positive outlook) Continued increase in
Slide 9: Loan Origination 1Q23
Loan Origination 1Q23 For personal use only Residential ($’m) Secured ($’m) 996 Click to edit Master text styles 476 981 964 Slight reduction in new residential 410 Continued growth in new SMSF loan loan origination as demand for 349 origination as market grows credit slows in current economic Conti
Slide 10: Loan Portfolio 1Q23
Loan Portfolio 1Q23 For personal use only Residential ($’m) Secured ($’m) 8,566 Click to edit 8,568 8,654 Master text styles 3,754 3,980 Portfolio growth impacted by higher 3,435 Growth in SMSF and asset finance than trend discharges loan portfolios consistent with growth in new originations 1Q22 4Q
Slide 11: FY23 Outlook
FY23 Outlook For personal use only Click to edit Master text styles Economic indicators suggest slower credit growth Refinance activity to continue as fixed rate loans expire Greater customer support needed over holiday period % NIM has reduced as funding costs normalise Accelerating auto finance gr
Slide 12: Thank you for joining us
For personal use only Click to edit Master text styles Thank you for joining us
Slide 13: Appendix
For personal use only Click to edit Master text styles Appendix
Slide 14: Disclaimer
Disclaimer For personal use only The information provided in this presentation and any information supplied in connection with this No offer of securities presentation (“Presentation”) has been prepared by Liberty Financial Group Limited (ACN 125 611 574) This Presentation is not, and does not const
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