Mizrahi Tefahot Bank Ltd · TASE:MZTF
Mizrahi Tefahot Bank — Q3 2014 Earnings Presentation
14 slides from Mizrahi Tefahot Bank's earnings presentation, Sep 30, 2014
Slide 1: Financial Statements 30 September 2014
Financial Statements 30 September 2014 Financial Statements 31 December 2008 1
Slide 2: Disclaimer
Disclaimer This document has been prepared by Mizrahi-Tefahot Bank Ltd (UMTB) solely for use at the company’s presentation. The information contained in this document has not been independently verified. No representation or warranty express or implied is made as to, and no reliance should be placed
Slide 3: Net profit (NIS mil)
Net profit - (NIS mil) 301 302 304 280 264 245 252 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2013 2014 3
Slide 4: Net profit (NIS mil)
Net profit - (NIS mil) 870 826 1-9/2013 1-9/2014 4
Slide 5: Equity (NIS bil)
Equity (NIS bil) 10.8 9.6 9.9 30.9.2013 31.12.2013 30.9.2014 5
Slide 6: Net profit – ROE
Net profit – ROE 13.1% 13.3% 12.3% 12.0% 11.1% 10.8% 11.0% Q1 Q2 Q3 Q4 Q1 Q2 Q3 2013 2014 6
Slide 7: Financing Revenues
Financing Revenues Rate of 1-9/2014 1-9/2013 change Interest revenues, net 2,529 2,680 Non-interest financing revenues 130 (9) Total financing revenues 2,659 2,671 (0.4) Less: Effect of application of FAS 91 110 - Linkage differentials with respect to CPI 11 150 position Revenues from collection of
Slide 8: Operating commissions (NIS mil)
Operating commissions (NIS mil) 1,098* 1,084 1,031 1-9/2013 1-9/2014 * Excluding the effect of FAS 91 of 67 NIS mil 8
Slide 9: Operating and other expenses (NIS mil)
Operating and other expenses (NIS mil) 4.0% total increase in Operating 1,416 and other expenses 1,345 510 529 323 321 Salaries Building & Equipment Others 1-9/2013 1-9/2014 9
Slide 10: Cost/income ratio
Cost/income ratio 65.6% 63.2% 61.0% 59.4% 59.0% 59.0% 54.8% Q1 Q2 Q3 Q4 Q1 Q2 Q3 2013 2014 10
Slide 11: Loans to the public (NIS bil)
Loans to the public (NIS bil) 146.7 138.6 128.7 119.3 107.0 31.12.2010 31.12.2011 31.12.2012 31.12.2013 30.9.2014 11
Slide 12: Deposits from the public (NIS bil)
Deposits from the public (NIS bil) 150.6 141.2 128.1 118.9 104.6 31.12.2010 31.12.2011 31.12.2012 31.12.2013 30.9.2014 12
Slide 13: Provisions/loans to the public
Provisions/loans to the public 0.60% 0.55% 0.50% 0.40% 0.30% 0.20% 0.20% 0.10% 0.06% 0.10% 0.01% (0.01%) 0.01% 0.00% -0.10% -0.20% 2013 2014 13
Slide 14: Capital adequacy Tier I
Capital adequacy Basel II Basel III 13.04% 12.88% 12.94% 9.01% 8.73% 9.01% Tier I 31.12.2013 1.1.2014 30.9.2014 14