Patria Bank SA · BVB:PBK
Patria Bank SA — FY2021 Earnings Presentation
24 slides from Patria Bank SA's earnings presentation, Apr 5, 2022
Slide 1: Expansion of business and increasing profitability
Expansion of business and increasing profitability Presentation of 2021 results and 2022 budget Bucharest • 05 April 2022 patriabank.ro
Slide 2: I. Macroeconomic background in brief
I. Macroeconomic background in brief Romania shows strong economic recovery in terms of GDP growth, but rising inflation remains an important concern. Inflation fears will lead to rising interest rates going forward. patriabank.ro
Slide 3: Romanian economy shows strong recovery against a backdrop of rising inflation
Romanian economy shows strong recovery against a backdrop of rising inflation GDP growth Inflation › Romania recorded a solid recovery in 2021 due to strong › The inflation rate has experienced an increasing dynamic domestic demand. Nevertheless, growth slowed down mainly due to the materialization
Slide 4: Interest rate and banking environment developments
Interest rate and banking environment developments Interest rates Banking system › Against the background of inflationary pressure, in 2022 the › The NPE ratio continued to decline during 2021 due to flexibility of the prudential framework implemented by NBR in NBR continued the cycle of reference i
Slide 5: II. Patria Bank in 2021 in brief
II. Patria Bank in 2021 in brief Expansion of balance sheet and important improvement in profitability patriabank.ro
Slide 6: Patria Bank in 2021 at a glance
Patria Bank in 2021 at a glance PRELIMINARY FINANCIAL RESULTS 2021 MAIN 2021 RATIOS PROFITABILITY PROFITABILITY RATES OF RETURN Net profit Increase in operating result Return on assets (RoA) 0.3% Net profit 9.5 +25.9% 9.5 mill. RON vs. 2020 Return on equity (RoE) 2.8% RON Million EFFICIENCY EXPANSIO
Slide 7: III. Commercial and operational developments
III. Commercial and operational developments The Bank continued to be an active participant in key segments - SMEs, micro- enterprises and agriculture. The balance of performing loans (stages 1 & 2) increased by RON 278 Million (17%) compared to the level of December 2020. patriabank.ro
Slide 8: Key strategic development pillars – 2021 developments
Key strategic development pillars – 2021 developments SME and Corporate Agriculture (“Agro”) › Resegmentation was done and two distinct departments were › In 2021 the Agro segment of Patria Bank maintained its loan created: SME and Corporate, addressing each separate market portfolio with an exposur
Slide 9: Key strategic pillars – 2021 developments
Key strategic pillars – 2021 developments New loans production (RON Mill.) ST1 & ST2 outstanding performing loans portfolio (RON Mill.) › The Bank’s lending activity generated new loans of around RON › Overall, the performing loans portfolio (stages 1 and 2 according 1.1 Billion during 2021, the hig
Slide 10: Investments in digitalization of the business model (I)
Investments in digitalization of the business model (I) Advanced online platforms › Patria de oriunde – the online onboarding platform for individual clients was launched in July 2021. The platform allows remote › Patria Online – the Bank’s online & mobile banking platform has access to banking prod
Slide 11: Investments in digitalization of the business model (II)
Investments in digitalization of the business model (II) Clients access to online products and services Online trading platform for Patria investment funds › Implementation of the second authentication factor for › SAI Patria Asset Management, a subsidiary of Patria Bank authorization of e-Commerce
Slide 12: IV. Increasing results in 2021
IV. Increasing results in 2021 Preliminary 2021 results show a net profit of RON 9.5 Million, a significant increase compared to RON 2.8 million in 2020. This result comes from a favorable trend in operating revenues, which, combined with a moderate increase in operating costs, led to a 26% higher o
Slide 13: Net profit in a pandemic context
Net profit in a pandemic context Financial performance in 2021 Financial performance - 2020 and 2021 trends [RON Million] › Net banking income increased from RON 153.2 Million in 2020 to RON 164.3 Million in 2021 (+7.3%) › Net interest income was close to the one recorded in the previous year due to
Slide 14: Balance Sheet evolution: placement of liquidity in income-generating assets continues
Balance Sheet evolution: placement of liquidity in income- generating assets continues Evolution of the gross performing loan Asset structure portfolio [Million RON] The process of placing liquid assets in loans has continued in 2021. The share of net loans in total assets continued to increase in t
Slide 15: Balance sheet evolution & main ratios
Balance sheet evolution & main ratios Financial position at 31 Dec. 2021 Balance sheet items [RON Million] Dec 2020 Dec 2021 › Total Assets of Patria Bank increased by 11.5% in 2021 (RON +396 Million) › Liquid assets 1,315.9 1,464.8 compared to an increase of 7% in 2020 (RON +236 Million) › Loans an
Slide 16: IV. 2022 Budget
IV. 2022 Budget The Bank’s main short and miedum termn objective is increasing profitability through a sustainable business model aimed at conserving capital. For 2022 the Bank estimates an increase in operating result of 52% compared to 2021 and increase in net profit of 176% to RON 26.1 million vs
Slide 17: 2022 budget
2022 budget 2022 budget vs. 2021 results [management accounting, RON million] % 2020 2021 2022F › Gross loans / Deposits 67 65 71 › Net loans / Total assets 52 53 56 › T-bonds / Total assets 28 23 24 › Quick Liquidity Ratio 38 37 40 › Cost / Income 82 75 69 › Annual increase in Net banking income -8
Slide 18: VI. Patria Bank stocks and bonds - market trends
VI. Patria Bank stocks and bonds - market trends Patria Bank has three securities issues listed on the regulated market of the Bucharest Stock Exchange: the bank's shares, trading with the PBK ticker symbol, and two subordinated bond issues trading with ticker symbols PBK27E and PBK28E. patriabank.r
Slide 19: PBK shares on the Bucharest Stock Exchange
PBK shares on the Bucharest Stock Exchange PBK shares Price of PBK shares on the Bucharest Stock Exchange (RON) › Patria Bank shares trade on the Premium 0.1200 Tier of the regulated market managed by the Bucharest Stock Exchange with the Covid-19 pandemic impact PBK ticker symbol 0.1000 › ISIN code
Slide 20: PBK bonds on the Bucharest Stock Exchange
PBK bonds on the Bucharest Stock Exchange Proce of PBK27E bonds on the Bucharest Stock Exchange (%) 110% PBK27E EUR bond issue › Issue Date: 20 September 2019 Covid-19 pandemic impact 105% › Total value: EUR 5.0 Million › Interest rate: 6.50% pa (fixed) 100% › Maturity Date: 20 September 2027 › Pric
Slide 21: VII. Shareholders and management
VII. Shareholders and management Strong shareholding structure and experienced Management and Board members patriabank.ro
Slide 22: Strong shareholding structure
Strong shareholding structure Selected track record in the financial services sector of investment funds for Emerging Europe Accession Fund which Axxess Capital Partners was an investment advisor › The main shareholder of Patria Bank with a 84.05% holding is EEAF Financial Investment Buyer upon exit
Slide 23: Experienced management and board members
Experienced management and board members Horia Manda Daniela Iliescu Bogdan Merfea BoD Chairman BoD Member BoD member Managing Partner- CFO-Axxess Capital Axxess Capital CEO-Raiffeisen BoD member-BCC BoD member – Bank Kosovo various companies Ex-Senior Selected M&A Ex-ED-Raiffeisen Manager-PwC exper
Slide 24: Investor relations
Investor relations Patria Bank SA Information for shareholders and bondholders › 42 Soseaua Pipera, Sector 2 Bucharest, › https://en.patriabank.ro/about-patria-bank/investors Romania › Phone: +40 747 045 464 › Email: capital@patriabank.ro Contact persons › Razvan Pasol razvan.pasol@patriabank.ro › R