Allied Bank Limited · PSX:ABL
Allied Bank — Investor Presentation (March 2023)
21 slides from Allied Bank's investor presentation, March 2023
Slide 1: Financial Presentation – March 2023
Financial Presentation – March 2023
Slide 2: Contents
Contents 3-4 10 ABL at Glance Deposits & Economic Highlights 5-7 11 Major Highlights Key Ratios & Balance Sheet Channels Income Statement 8 12 Investments Stock Market Information 9 13-18 Advances & Asset Quality Ratings / Annexure
Slide 3: ABL at Glance
ABL at Glance Domestic Corporate Branches: 1,451 ATMs:1,556 Governance Rep Offices:2 On-site: 1,297 Rating Conventional: 1,326 cv Off-site: 254 Islamic: 117 UAE-Dubai CGR 9++ China-Beijing MBU: 5 Digital: 8 Entity Credit Overseas Digital Touch Subsidiary Rating cv Branches: 2 Points ABL Asset Long T
Slide 4: Economic Highlights
Economic Highlights Workers Remmittances- US$ Million 3,500 3,000 2,500 2,000 1,500 1,000 500 0 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 2022-23 2021-22 Export & Import- US$ Million TD Trade Deficit & Current Account CAD 9,000 0 1000 8,000 -500 500 7
Slide 5: Highlights Financial Position (Assets)
Highlights Financial Position (Assets) Net Investments (Rs. in Billion) Net Advances 45% Rs.1,131 2,500 100 1% -7% 13% Rs.783 2,000 1,500 54 8 -63 21 0 -100 -200 1,000 2,251 2,270 -300 Net Investments Net Advances 500 reached at Rs. 1,131 reached at Rs. 783 -400 billion billion as on Mar 31, - -500
Slide 6: Highlights Financial Position (Liabilities)
Highlights Financial Position (Liabilities) Deposits Total Equity (Rs. in Billion) Rs.1,530 Rs.125 -1% -4 0.5% 7 25% 18 CASA Mar’23 Stood at: 81% Deposits aggregated Total Equity stood at 2,123 2,145 to reach at Rs. 1,530 Rs. 125 billion; billion; increased by decreased by 1.9% 0.5% as compared (Dec
Slide 7: Highlights Income Statement
Highlights Income Statement Net Interest Income Profit before Tax (Rs. in Million) Rs.20,513 64% Rs.13,426 Net Interest Income 68% (NII) stood at Rs. 20,513 31% 83% million during period 1015% Profit before Tax re under ached at Rs. 13,426 2,763 review; increased by 7,971 million; increased b -2,562
Slide 8: Investments
Investments (Rs. in Million) Investments Mar'23 Dec'22 Var. Growth Pakistan Investment Bonds 990,751 973,128 17,623 2% Market Treasury Bills 102,574 100,237 2,337 2% Listed and Unlisted Shares 18,581 18,644 (63) 0% TFCs, Bonds, Sukuks and Mutual Funds 71,091 64,743 6,348 10% Subsidiary 500 500 - 0%
Slide 9: Advances & Asset Quality
Advances & Asset Quality NPLs (Rs. in Billion) Rs.13.6 Gross • NPLs at Rs.13.6 Advances billion (4%↑) • NPL Ratio 1.71% Rs.796 (0.18%↑); Industry Dec’22: 7.3% Gross advances • Specific NPL stood at Rs. 796 Coverage 95.2% billion (7%↓) (5.6%↑) & (Industry Overall NPL advances; 1%↓) Coverage at 97.9%;
Slide 10: Deposits
Deposits (Rs. in Billion) Particulars Mar' 23 Dec' 22 Var (%) Market Share: 6.5% Current 681 609 12% Industry Growth: 5.0% Saving 566 592 -4% Term 283 321 -12% Total Deposits 1,530 1,522 0.5% ABL CASA Mix: 81% 1,522 1,530 1,413 1,217 985 1,049 805 883 1,189 1,201 1,246 735 1,062 608 611 515 809 868
Slide 11: Key Ratios & Channels
Key Ratios & Channels Key Ratios Particulars Mar'23 Dec'22 Variance Return on Assets (%) 1.4% 1.0% 0.4% Return on Equity (Tier I) (%) 24.3% 18.4% 5.9% Capital Adequacy Ratio (%) 18.2% 19.7% -1.5% Channels Mar' 23 Dec' 22 Growth Total Branches 1,453 1,453 - Conventional 1,336 1,336 - Islamic 117 117
Slide 12: Stock Market Data
Stock Market Data Allied Bank Limited (ABL) Stock Price vs Market - Trend Pakistan Stock Exchange Code: ABL 10.0% 5.0% Bloomberg Code: ABL PA 0.0% Mar- 22 Apr-22 May-22 Jun-22 Jul-2 2 Aug-22 Sep-2 2 Oct -22 Nov-22 Dec-2 2 Ja n-2 3 Feb-23 Mar- 23 -5.0% -10.0% Shares Outstanding (mln): 1,145.07 -15.0%
Slide 13: Corporate Governance & Ratings
Corporate Governance & Ratings Entity CGR Deposits Rating PACRA VIS Credit Rating Moody’s Company • AAA (Long Term) • CGR-9++ (Corporate Governance • Caa3/NP • A1+ (Short Term) Rating) • Outlook Stable, in line with • A very low expectation of • Very high level of corporate Stable outlook on the cre
Slide 14: Annexures
Annexures Annexure A Statement of Financial Position - Standalone Annexure B Statement of Financial Position - Consolidated Annexure C Income Statement - Standalone Annexure D Income Statement - Consolidated 14/21
Slide 15: Statement of Financial Position : Standalone
Statement of Financial Position : Standalone Rs. in Million US$ in Million ASSETS Growth Mar'23 Dec'22 Variance Mar'23 Dec'22 Variance Cash and Balances with Banks 139,816 91,353 48,463 493 322 171 53% Lending to FIs 33,267 28,222 5,044 117 99 18 18% Investments - net 1,130,714 1,123,117 7,597 3,984
Slide 16: Statement of Financial Position : Consolidated
Statement of Financial Position : Consolidated Rs. in Million US$ in Million ASSETS Growth Mar'23 Dec'22 Variance Mar'23 Dec'22 Variance Cash and Balances with Banks 139,796 91,344 48,452 493 322 171 53% Lending to FIs 33,267 28,222 5,044 117 99 18 18% Investments - net 1,135,779 1,126,717 9,062 4,0
Slide 17: Income Statement : Standalone
Income Statement : Standalone Rs. in Million US$ in Million Particulars Growth Mar'23 Mar'22 Variance Mar'23 Mar'22 Variance Mark-up and Interest Income 74,040 39,062 34,978 261 138 123 90% Mark-up and Interest Expensed 53,527 26,521 27,005 189 93 95 102% Net Mark-up and interest Income 20,513 12,54
Slide 18: Income Statement : Consolidated
Income Statement : Consolidated Rs. in Million US$ in Million Particulars Growth Mar'23 Mar'22 Variance Mar'23 Mar'22 Variance Mark-up and Interest Income 73,971 39,065 34,906 261 138 123 89% Mark-up and Interest Expensed 53,534 26,524 27,010 189 93 95 102% Net Mark-up and interest Income 20,438 12,
Slide 19: Disclaimer
Disclaimer The information being presented herein is solely for your information. Except for the historical information, statements that describe the Bank’s objectives, plans or goals discussed in Investor Conference Call are forward looking statements. These forward looking statements involve a num
Slide 20: Contact Us
Contact Us Sikander Ali Khan Contact No. Unit Head Strategic +92-42-35880043 Planning, Finance Ext: 32637 e-mail. Investor.Relations@abl.com 20/21
Slide 21: Thank You
Thank You