Turkiye Halk Bankasi Anonim Sirketi · BIST:HALKB

Turkiye Halk Bankasi Anonim Sirketi — Türkiye Halk Bankası A.S. — 9M 2023 Earnings Presentation

24 slides from Turkiye Halk Bankasi Anonim Sirketi's earnings presentation, 2023

  1. Slide 1: 9M 2023 Earnings Presentation

    9M 2023 Earnings Presentation DISTINGUIS H ED PROFIT A BLE RESI L IENT RIS K CONSCIOUS RELIA B LE SUST A INABLE NATIO N WIDE MAR K ETMAKER BRSA Bank Only

  2. Slide 2: Slide 2

  3. Slide 3: Asset Growth

    9M 2023 Earnings Presentation FX liquidity covers more than 2x of FX wholesale debt (inc. bank > FX LCR is at 508%, well above deposits) maturing within 1 year the regulatory limit of 80%. Asset Mix (%) Asset Growth Loans Securities Bank Placements CBRT Receivables Cash YoY 79.9% QoQ 12.7% Liq. Asse

  4. Slide 4: Securities portfolio and CPI linkers

    9M 2023 Earnings Presentation Substantial linkers' income, CPI linkers has increased their share to 39% within the total securities classification Total Securities Portfolio (TRY billion) Securities Classification (TRY billion)(*) Total Securities / Total Assets (%) Fixed Rate (FX) Other Floating Ra

  5. Slide 5: Muted loan growth, up by 2.9% QoQ

    9M 2023 Earnings Presentation Muted loan growth, up by 2.9% QoQ CGF Utilisation (TRY bn) Jun-23 Sep-23 Current loan amount 78.1 76.7 following aggressive YoY growth of 70% (TRY billion)(a) 70.0% Total Loans 2.9% HALKBANK B. Sector(b) YoY YoY 70.0% 56.7 % 1,176.4 1,210.2 QoQ QoQ 969.3 2.9% 7.0 % Busi

  6. Slide 6: TRY and SME dominated loan portfolio

    9M 2023 Earnings Presentation TRY and SME dominated loan portfolio Loans by Currency (%)(a) Loans by Customer Segmentation (%)(a) Commercial 4% SME 7% FX SME 50% Commercial 2% 19.0% Corporate 33% Corporate 91% TRY 81.0% CGF 9% Retail 14% Cooperative 36%(b) Sectoral Breakdown of Loans (%) Retail Loan

  7. Slide 7: Limited net NPL inflow unhindered the NPL ratio

    9M 2023 Earnings Presentation Limited net NPL inflow unhindered the NPL ratio NPL Portfolio (TRY million) NPL Coverage (%) 19,014 18,594 17,820 17,911 18,574 79.5 81.5 82.6 83.2 81.2 Sep-22 2022 Mar-23 Jun-23 Sep-23 Sep-22 2022 Mar-23 Jun-23 Sep-23 Loans under Close Watch (TRY million) NPL/Total Loa

  8. Slide 8: NPL ratio by segments

    9M 2023 Earnings Presentation NPL ratio by segments Halkbank NPL Sector NPL (*) Corporate - Commercial (%) Consumer Loans (%) 4.1 3.8 3.2 3.5 2.8 3.1 2.9 2.8 2.8 2.8 1.8 1.8 1.7 1.6 1.8 1.6 1.5 1.5 1.3 1.4 Sep-22 2022 Mar-23 Jun-23 Sep-23 Sep-22 2022 Mar-23 Jun-23 Sep-23 SME Loans (%) Credit Cards (

  9. Slide 9: Total loan coverage has maintained a strong 3.99% level

    9M 2023 Earnings Presentation Total loan coverage has maintained a strong 3.99% level Provisions and Reversals (TRY million) Net Cost of Risk (bps) (Cumulative) Total Specific Quarterly 487 510 (TRY million) Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 S1 Provisions 6,404 3,217 323 -296 4 S2 Provisions 5,950 8,680

  10. Slide 10: Deposits continue to increase their share within the liabilities mix

    9M 2023 Earnings Presentation Deposits continue to increase their share within the liabilities mix Loan to Deposit (%) Composition of IBLs(a) Liabilities Mix (%) (b) Halkbank L/D Sector L/D 87.8% 87.2% 86.0% 88.6% 89.2% Deposits Marketable Funds Borrowed Securities Issued Interbank Money Market Shar

  11. Slide 11: Strong growth in TL deposits, up by 19.2% QoQ

    8 -6.36 3 9M 2023 Earnings Presentation Strong growth in TL deposits, up by 19.2% QoQ HALKBANK B. Sector(b) YoY 64.0% 26.3% HALKBANK B. Sector(b) HALKBANK B. Sector(b) QoQ 11.7% 6.7% YoY 94.1% 65.1 % YoY 121.2% 111.0 % in USD YoY 10.6% -14.8% QoQ 16.1% 13.5 % QoQ 19.2% 19.0 % terms QoQ 6.0% 1.2% Tot

  12. Slide 12: TL deposits reached a 60% share within the total deposits

    9M 2023 Earnings Presentation TL deposits reached a 60% share within the total deposits Demand Deposits (TRY billion)(a) Time Deposits (TRY billion)(a) Deposits by Currency (%)(b) Demand Deposits/Total Deposits (%) Time Deposits/Total Deposits (%) 23.0% 23.1% 23.5% 21.8% 21.9% 77.0% 76.9% 76.5% 78.2

  13. Slide 13: Cost – Yield – Spread

    9M 2023 Earnings Presentation Cost – Yield – Spread Blended Cost - Yield - Spread (%) Spreads (%) Yield on Loans Cost of Deposits(*) Spread TRY Core FX Core Blended Core 4.8 5.0 4.0 13.4 12.6 13.2 16.4 4.2 4.9 13.3 3.8 2.4 3.4 5.0 0.9 1.3 4.8 2.4 -0.1 0.4 0.4 -0.1 (8.5) (8.4) (10.2) -1.5 (13.4) (16.

  14. Slide 14: Fee & Commission income up by 16% QoQ, 100% on YoY basis

    9M 2023 Earnings Presentation Fee & Commission income up by 16% QoQ, 100% on YoY basis Net Interest Income (TRY million) NIM (%) Interest Income Interest Expenses YtD Quarterly Swap adj. (QoQ) Swap adj. (YtD) 9,489 9.6 8.6 5.2 23,363 23,428 15,887 4,837 7.0 7.4 5.2 3.1 2.8 9.0 7.8 6.3 6.8 1.3 47,196

  15. Slide 15: Details of profitability metrics

    9M 2023 Earnings Presentation Details of profitability metrics Total Operating Revenues (TRY million)(a) Q3-23 Revenue Walk (TRY million) 3,023 25,643 25,009 4,871 21,091 9,489 (3,675) 12,711 13,506 3,096 (11,455) (1,328) NII Net F&C Income Net Trading Income Total Provisions Net Income (Q3-23) Othe

  16. Slide 16: Disciplined OPEX management

    9M 2023 Earnings Presentation Disciplined OPEX management Operating Expenses (TRY million) Operating Expenses / Average Assets (%) 128.4% 15.4% 4.14 15,375 TRY 7 bn Earthquake Donation 11,455 2.23 2.19 9,923 1.72 1.74 5,016 5,734 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Cost/Incom

  17. Slide 17: Solvency Ratios

    9M 2023 Earnings Presentation Solvency Ratios CAR (%) Details on Capital Ratio Tier-I CAR Details on Capital Ratio Cons. Basel III Uncons. Basel III (TRY mn) Sep-23 Sep-23 15.2 Credit Risk Base Amount (CRBA) 1,163,736 1,122,659 14.3 14.7 13.7 Market Risk Base Amount (MRBA) 74,167 63,697 13.2 Operati

  18. Slide 18: Increased customer engagement via digital channels are visible across the board

    9M 2023 Earnings Presentation Increased customer engagement via digital channels are visible across the board Active Digital Customers by Types (Million) # of Total Active Digital Customers(a) 19% 6.0 6.2 5.8 5.5 5.2 # of active digital banking customers increased 19% YoY and reached 6.2 million Sep

  19. Slide 19: Branch Network – Human Resources

    9M 2023 Earnings Presentation Branch Network – Human Resources Loans and Deposits per Branch (TRY million) Breakdown of Banking Transactions (%) Loans/Branches Deposits/Branches ATM 13% 1,659.9 Automatic Payment 3% 1,440.3 Call Center 5% Branch 2% 1,217.1 Internet Banking 5% 1,028.0 879.3 1,124.9 1,

  20. Slide 20: Annex

    9M 2023 Earnings Presentation Annex TRY Market Banking Halkbank Million Share (%) Sector Metrics(b) 9M-22 9M-23 Total Assets 2,198,166 10.4 Loan Growth (YtD, %) 39.5 41.3 Loans (a) 1,210,188 11.3 Deposit Growth (YtD, %)(c) 52.1 50.0 TRY Loans 979,811 13.5 LDR (%) 83.2 78.4 FC Loans 230,377 6.7 NPL (

  21. Slide 21: Balance Sheet

    9M 2023 Earnings Presentation Balance Sheet In TRY million Sep-22 2022 H1-23 Sep-23 QoQ (%) YtD (%) YoY (%) Cash and Balances Held with the Central Bank(a) 133,092 158,994 192,165 358,704 86.7 125.6 169.5 Banks & Money Market(b) 8,095 7,177 11,065 13,573 22.7 89.1 67.7 Securities(b) 335,373 374,181

  22. Slide 22: Income Statement

    9M 2023 Earnings Presentation Income Statement In TRY million Sep-22 Sep-23 YoY (%) Q3-22 Q2-23 Q3-23 QoQ (%) YoY (%) Interest Income 105,237 188,284 78.9 47,196 56,745 82,680 45.7 75.2 On Loans 59,418 114,044 91.9 23,131 35,968 50,109 39.3 116.6 On Securities 45,118 54,303 20.4 23,967 20,487 32,015

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  24. Slide 24: For further information please contact

    For further information please contact halkbank.IR@halkbank.com.tr DISCLAIMER The information contained in this presentation has been prepared by Türkiye Halk Bankası A.S. (the Bank) for informational purposes only. Although the information in this presentation has been obtained from sources which t

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