Pt Bank Jago Tbk · IDX:ARTO
Pt Bank Jago Tbk — FY2024 Earnings Presentation
11 slides from Pt Bank Jago Tbk's earnings presentation, March 2025
Slide 1: FY 2024 Results Update
FY 2024 Results Update March 2025
Slide 2: Content
Content FY 2024 Results Update 2
Slide 3: FY24 performance highlights
FY24 performance highlights Maintain growth momentum in customers, funding & lending balances IDR 18.8tn 56% YoY Growth in 12.1tn 8.3tn Funding Balances 3.7tn 0.8tn FY ‘20 FY ‘21 FY ‘22 FY ‘23 FY ‘24 IDR 17.7tn 13.0tn 36% YoY Increase 9.4tn Lending Balances 5.4tn 0.9tn FY ‘20 FY ‘21 FY ‘22 FY ‘23 FY
Slide 4: Maintain strong and sustainable growth momentum
Maintain strong and sustainable growth momentum CASA ratio continues to be healthy TD CASA Expansion in lending balances Syariah Conventional Customer Deposits, IDR tn Loan Balances, IDR tn 18.8 17.3 17.7 16.9 15.7 14.8 14.3 13.2 13.0 12.1 99% 99% 99% 99% 57% 53% 97% 65% 63% 61% Dec ‘23 Mar ‘24 Jun
Slide 5: Key ratios maintained at a healthy level
Key ratios maintained at a healthy level Net Interest Margin Return on Assets 8.0% 7.5% 8.0% 7.2% 6.7% 1.0% 0.7% 0.5% 0.5% 0.6% 4Q ‘23 1Q ‘24 2Q ‘24 3Q ‘24 4Q ‘24 4Q ‘23 1Q ‘24 2Q ‘24 3Q ‘24 4Q ‘24 Cost of Funds (End of Period) Non-Performing Loans & Cost of Credit 3.0% 3.4% 3.7% 3.0% 3.1% 3.1% 1.7%
Slide 6: Balance sheet
Balance sheet IDR billion Dec ‘23 Mar ‘24 Jun ‘24 Sep ‘24 Dec ‘24 YoY Cash & BI 1,188 1,336 1,464 1,595 1,022 Placement & Securities 5,254 4,770 4,940 5,651 7,474 Loans & Syariah Financing 13,020 14,272 15,671 17,256 17,701 36% • Partnership & Ecosystem Lending 12,111 13,568 15,279 16,983 17,644 • F
Slide 7: Income statement
Income statement IDR billion FY ‘23 1Q ‘24 2Q ‘24 3Q ‘24 4Q ‘24 FY ‘24 YoY Interest Income 1,875 442 469 500 641 2,053 9% Treasury 287 66 65 76 82 289 Conventional 1,346 370 403 423 556 1,753 Syariah 242 6 1 2 2 11 Interest Expense (309) (97) (106) (131) (164) (499) 61% Net Interest Income 1,565 345
Slide 8: Ratios
Ratios % FY ‘23 1Q ‘24 2Q ‘24 3Q ‘24 4Q ‘24 FY ‘24 NIM 9.5 7.5 7.2 6.7 8.0 7.3 • Loans 11.7 8.1 7.7 7.0 8.9 8.0 • Treasury Assets 5.3 5.3 5.4 5.8 5.8 5.6 Cost of Fund (end of period) 3.1 3.1 3.1 3.4 3.7 3.7 Cost to Income 72 80 77 77 63 74 LDR 108 108 106 102 94 94 LAR 5.5 4.0 3.3 3.5 3.8 3.8 NPL 0.
Slide 9: Content
Content FY 2024 Results Update 9
Slide 10: We are building our own direct lending and FX offerings to unlock the next wave of growth
We are building our own direct lending and FX offerings to unlock the next wave of growth Digital Direct Lending for Direct Lending for SMEs FX Consumer Hygiene factor as part of Jago’s Support portfolio diversification Differentiating factor to Jago’s life life finance proposition with productive l
Slide 11: Jago
Jj Jago