TISCO Financial Group Public Co. Ltd. · SET:TISCO
TISCO Financial Group Public — Q3 2022 Earnings Presentation
32 slides from TISCO Financial Group Public's earnings presentation, 2022
Slide 1: TISCO Financial Group Performance Result for 3Q2022
TISCO Financial Group Public Co., Ltd. Performance Result for 3Q2022
Slide 2: TISCO Overview
TISCO TISCO Overview
Slide 3: Company Profile
Company Profile Timelines 2018 2014 Completed the sale of Business Model Expanded personal loan and credit card Microfinance to Citibank N.A. “Selective Focus” through the brand Universal Bank “Somwang” 2008 2020 Restructured into holding company structure Co-Brand Alliance with CG Scoring 1973 Jeff
Slide 4: TISCO Group Structure
TISCO Group Structure TIsco TISCO Financial Group Plc.* *Listed in The Stock Exchange of Thailand i H 1 1 i T i 1 1 1 1 1 fl 99.99% 100% 49% 1 100% 100% 100% 100% 100% 100% fl 1 i 1 i TIsco 1 TISCO TISCO Asset TISCO TIScO TIsco | | TISCO Bank Hi-Way i Internation’ All-Ways i Tokyo Leasing Securities
Slide 5: TISCO Businesses
TISCO Businesses Retail Banking • Auto & Motorcycle Hire Purchase • TISCO Auto Cash • Mortgage Loan • SME & Inventory Financing • Life & Non-Life Insurance Corporate Banking • Corporate Lending & Financial Advisory • Investment Banking • Corporate Insurance Wealth & Asset Management • Deposit Servic
Slide 6: Consolidated Loan Portfolio
Consolidated Loan Portfolio Unit: Million Baht Thailand’s First Car Buyer Scheme Acquired Retail Banking Business from SCBT Sale of Personal Loan & Credit Card to Citibank Covid-19 Outbreak Took over Primus & GMAC Started SME Division Upgraded to Commercial Bank Growth 9.2% 56.6% -7.5% 22.4% 14.7% 1
Slide 7: Profitability
Profitability Profitability for the past decade Unit: Million Baht Growth 16.0% 45.3% 13.1% 13.4% 14.7% 0.0% 0.0% 17.8% 21.7% 15.2% 3.6% (16.6%) 11.9% 8.6% YoY 7
Slide 8: Business Profile as of 9M2022
Business Profile as of 9M2022 Loan Profile Revenue Mix 8
Slide 9: Share Capital Information
Share Capital Information Total Shares 800,655,483 Ordinary Shares 800,645,624 Preferred Shares 9,859 No. of Shareholders (as of 3 May 2022) 47,918 Foreign Shareholders 181 Local Shareholders 47,737 Shareholders by type (as of 3 May 2022) Institutional 67.1% Individual 32.9% Foreign limit 49.0% *As
Slide 10: Recognitions and Awards
Recognitions and Awards Outstanding Company Performance Award from SET Awards 2021 Outstanding Investor Relations Company Award from SET Awards 2021 Thailand Sustainability Investment (THSI) in 2017 - 2021 from SET Awards 2021 Best of the Best Awards 2022 from Asia Asset Management TISCO Group recei
Slide 11: Sustainability Development
Sustainability Development For more information: https://www.tisco.co.th/en/sd/sustainability/index.html 11
Slide 12: Financial Results
TISCO Financial Results
Slide 13: Profitability
Profitability Net Profit Unit: Million Baht +8.6% YoY -4.1% +13.7% QoQ YoY ROAE & ROAA ROAE ROAA 13
Slide 14: Consolidated Income Statements
Consolidated Income Statements Unit : Million Baht 3Q21 2Q22 3Q22 % QoQ % YoY 9M2021 9M2022 % YoY Interest Income 3,644 3,616 3,755 3.8 3.0 11,174 10,927 (2.2) Interest Expenses (551) (510) (533) 4.6 (3.3) (1,822) (1,538) (15.6) Net Interest Income 3,093 3,107 3,221 3.7 4.2 9,352 9,389 0.4 Fee & Ser
Slide 15: Assets and Liabilities
Assets and Liabilities Assets Liabilities Unit: Million Baht Unit: Million Baht +4.6% +5.1% +4.6% +6.2% QoQ YTD QoQ YTD Unit : Million Baht 2021 2Q22 3Q22 % QoQ % YTD Unit : Million Baht 2021 2Q22 3Q22 % QoQ % YTD Loans 202,950 203,341 213,188 4.8 5.0 Deposits & 174,864 180,366 192,037 6.5 9.8 Borro
Slide 16: Loan Portfolios
Loan Portfolios Total Loans Unit: Million Baht +0.7% +4.8% +5.0% Retail Loans QoQ QoQ YTD -1.0% YTD +16.1% QoQ Corporate Loans +22.4% YTD Loans by sectors +28.2% QoQ SME Loans +43.8% YTD 16
Slide 17: Retail Loan Portfolio Breakdown
Retail Loan Portfolio Breakdown Unit: Million Baht +0.7% QoQ -1.0% YTD -0.5% QoQ -4.3% YTD +4.8% QoQ +9.5% YTD +3.7% QoQ -4.4% QoQ -0.5% QoQ +7.6% YTD -11.1% YTD +1.8% YTD 17
Slide 18: TISCO Auto Cash
TISCO Auto Cash Auto Cash Loans Unit: Million Baht Auto Cash +4.8% +9.5% QoQ YTD Loan Generated Somwang +7.1% +14.8% QoQ YTD through Somwang channel Somwang Loans vs NPLs Somwang Branches Unit: Million Baht 18
Slide 19: Industry Car Sale & Penetration Rate
Industry Car Sale & Penetration Rate Industry New Car Sale TISCO’s Auto HP Penetration Rate TISCO’s Penetration Rate (%) Industry Car Sale (‘000 units) Industry Car Sale +19.1% 9M YoY 19
Slide 20: Interest Income & NIM
Interest Income & NIM Yield on Loans Net Interest Income Unit: Million Baht +0.4% Loan Spread YoY +3.7% +4.2% QoQ YoY Cost of Funds Loan Spread NIM 20
Slide 21: Asset Quality
Asset Quality Loan Classification Non-Performing Loans Unit: Million Baht Unit: Million Baht NPLs Stage 2 Stage 1 2021 2Q22 3Q22 NPLs by Loan Types Million Baht % Million Baht % Million Baht % Corporate 19 0.1 - - - - SME 66 0.8 135 1.4 100 0.8 Hire Purchase 2,682 2.4 2,383 2.2 2,413 2.2 Mortgage 1,
Slide 22: Debt Relief Programs
Debt Relief Programs Outstanding Loans under Debt Relief Programs at the end of September 2022 % to total loans Outstanding Soft Loans for SME 22
Slide 23: Expected Credit Loss
Expected Credit Loss Expected Credit Loss Unit: Million Baht Allowance for ECL Unit: Million Baht TFRS 9 Coverage Ratio Excess Reserve General Provision Expected Credit Loss (ECL) Specific Provision 23
Slide 24: Funding
Funding Total Funding Unit: Million Baht +6.5% +9.8% QoQ YTD Unit : Million Baht 2021 2Q22 3Q22 % QoQ % YoY Current 2,162 2,212 2,255 1.9 4.3 Savings 46,932 46,444 46,207 (0.5) (1.5) Fixed Deposits 117,448 120,223 134,078 11.5 14.2 Short-Term Bill of Exchanges 37 37 37 - - Senior Debentures 8,285 11
Slide 25: Non-Interest Income
Non-Interest Income Non-Interest Income from Core Businesses Non-Interest Income from Core Businesses Breakdown Data as of 9M2022 Unit: Million Baht -5.2% YoY +4.9% +12.2% QoQ YoY Unit : Million Baht 3Q21 2Q22 3Q22 % QoQ % YoY 9M2021 9M2022 % YoY Ba nki ng Fee 675 808 862 6.7 27.7 2,225 2,483 11.6 B
Slide 26: Asset Management Business
Asset Management Business Assets Under Management Rank #1 Unit: Million Baht +2.8% -0.9% QoQ YTD Provident Fund +3.1% QoQ +4.8% YTD Rank #14 Mutual Fund -5.9% QoQ -22.6% YTD Rank #9 Rank #5 Private Fund +9.6% QoQ +1.2% YTD 26
Slide 27: Brokerage Business
Brokerage Business TISCO Trading Volume & Market Share Unit: Million Baht Trading Volume by Customers 27
Slide 28: Operating Expenses
Operating Expenses Operating Expenses Unit: Million Baht +4.5% Cost to Income Ratio YoY +1.4% +9.4% QoQ YoY Unit : Million Baht 3Q21 2Q22 3Q22 % QoQ % YoY 9M2021 9M2022 % YoY Empl oyee Expens es 1,349 1,537 1,511 (1.7) 12.0 4,223 4,559 7.9 Premi s es & Equi pment Expens es 331 342 345 0.9 4.4 1,001
Slide 29: Capital Adequacy
Capital Adequacy Capital Base of TISCO Bank Unit: Million Baht Capital Adequacy Ratio BIS Ratio Tier I Ratio Min. Required by BOT 11.0% BIS Ratio 8.5% Tier I Ratio 29
Slide 30: Employees and Branch Network
Employees and Branch Network Total Employees Number of Employees Total Branch Network Somwang Loan Offices Bank Branches 30
Slide 31: Investor Relations
Investor Relations TISCO Financial Group Public Company Limited 48/49 TISCO Tower, North Satorn Road, Silom, Bangrak, Bangkok, 10500, Thailand +(66) 2633 6868 ir@tisco.co.th www.tisco.co.th Disclaimer This presentation material may contain forward-looking statements. These forward-looking statements
Slide 32: TISCO
TISCO
TISCO Financial Group Public — Q3 2022 Earnings Presentation on 6ix