National Bank Of Kuwait K.s.c. · KSE:NBK

National Bank Of Kuwait K.s.c — National Bank of Kuwait — Q2 2018 Earnings Presentation

18 slides from National Bank Of Kuwait K.s.c's earnings presentation, 2018

  1. Slide 1: National Bank of Kuwait Investor Presentation

    National Bank of Kuwait Investor Presentation 2Q 2018 Earnings Call

  2. Slide 2: Disclaimer

    Disclaimer THE INFORMATION SET OUT IN THIS PRESENTATION AND PROVIDED IN THE DISCUSSION SUBSEQUENT THERETO DOES NOT CONSTITUTE AN OFFER OR SOLICITATION OF AN OFFER TO BUY OR SELL SECURITIES. IT IS SOLELY FOR USE AT AN INVESTOR PRESENTATION AND IS PROVIDED AS INFORMATION ONLY. THIS PRESENTATION DOES N

  3. Slide 3: Contents

    Contents Section 1 Opening remarks Section 2 Financial Performance 1H 2018 / 2Q 2018 Section 3 Appendix Section 4 Questions 2

  4. Slide 4: Net Profits 1H 2018

    Net Profits 1H 2018 Net Profit 2Q 2018 (KDm) Net Profit 1H 2018 (KDm) 92 186 +13% +16% 165 79 1H 2017 1H 2018 2Q 2017 2Q 2018 3

  5. Slide 5: Contents

    Contents Section 1 Opening remarks Financial Performance 1H 2018 / 2Q 2018 Section 2 Section 3 Appendix Section 4 Questions 4

  6. Slide 6: Operating Performance 1H 2018

    Operating Performance 1H 2018 Net Profit (KDm) Operating Surplus (KDm) 185.9 307.1 164.7 273.2 +12.9% +12.4% 93.6 92.3 148.9 158.2 79.3 139.3 2Q 2017 1Q 2018 2Q 2018 1H 2017 1H 2018 2Q 2017 1Q 2018 2Q 2018 1H 2017 1H 2018 Operating Income (KDm) Operating Income 442.2 Non-interest income 398.8 Net in

  7. Slide 7: Operating Performance 1H 2018

    Operating Performance 1H 2018 Net Interest Income (KDm) Average Interest Earning Assets (KDbn) 336.8 25.4 305.2 +3.2% 24.6 +10.4% 23.7 157.7 163.6 173.2 +6.8% 2Q 2017 1Q 2018 2Q 2018 1H 2017 1H 2018 1H 2017 2H 2017 1H 2018 Net Interest Margin Net Interest Margin drivers YTD NIM Qtrly NIM +0.02% 2.71

  8. Slide 8: Operating Performance 1H 2018

    Operating Performance 1H 2018 Non-interest income (KDm) Operating Expenses (KDm) Net fees and commissions 105.4 Staff expenses Net gains from dealing in FX 93.6 125.7 135.1 10 Other operating expenses Others +12.6% 11 19 +7.5% 15 55 51 55.5 49.9 70.6 45.8 4 64.1 64.5 6 12 5 7 7 76 26 26 29 67 74 80

  9. Slide 9: Operating Performance 1H 2018

    Operating Performance 1H 2018 Net profit (KDm) - International Net Profit (KDm) – Domestic / International 55.5 47.8 +16.0% Int'l Int'l 29% 30% Dom. Dom. 71% 70% 1H 2017 1H 2018 1H 2017 1H 2018 Net profit (KDm) - Boubyan Bank Total Assets (KD’bn) – Kuwait/ International / Boubyan Bank 25.8 BB BB 21.

  10. Slide 10: Operating Performance 1H 2018

    Operating Performance 1H 2018 Total Assets (KDbn) Loans, Advances and Islamic Financing (KDbn) 26.0 26.9 15.2 25.5 14.3 14.5 +3.5% +5.0% +5.7% +6.3% Jun 17 Dec 17 Jun 18 Jun 17 Dec 17 Jun 18 Customer Deposits (KDbn) Funding Mix Due to banks and other FIs Customer Deposits 14.6 CD's / GMTN / T2 Bonds

  11. Slide 11: Performance and Asset Quality ratios 1H 2018

    Performance and Asset Quality ratios 1H 2018 Return on Average Equity Return on Average Assets 1.41% 12.3% 1.34% 1.28% 11.3% 10.8% 1H 2017 FY 2017 1H 2018 1H 2017 FY 2017 1H 2018 Capital Adequacy Ratios Asset Quality Ratios 371.3% 1.90% 17.5% 17.8% 17.2% 1.75% 15.8% 287.5% 1.60% 15.1% 254.4% 1.45% 1

  12. Slide 12: Contents

    Contents Section 1 Opening remarks Section 2 Financial Performance 1H 2018 / 2Q 2018 Section 3 Appendix Section 4 Questions 11

  13. Slide 13: Consolidated Financials 1H 2018 (KWD million)

    Consolidated Financials 1H 2018 (KWD million) Income Statement (KWD million) 1H-2017 1H-2018 Balance sheet (KWD million) 1H-2017 1H-2018 Cash and short term funds 2,636 3,020 Interest Income 354 425 Central Bank of Kuwait bonds 770 787 Interest Expense 102 149 Kuwait Government Treasury bonds 847 92

  14. Slide 14: Performance Measures 1H 2018

    Performance Measures 1H 2018 % 1H 2017 1H 2018 Return on average assets 1.34% 1.41% Return on average equity 11.3% 12.3% Net interest margin 2.59% 2.68% Cost to income 31.5% 30.6% NPLs to gross loans 1.23% 1.40% Loan loss reserves to NPLs 371.3% 254.4% Common Equity Tier 1 capital (CET 1) Ratio 13.9

  15. Slide 15: Consolidated Statement Of Income (KWD million)

    Consolidated Statement Of Income (KWD million) KWD million 2015 2016 2017 Interest Income 585 665 743 Interest Expense 139 190 224 Net Interest Income 446 476 519 Murabaha and other Islamic financing income 106 128 156 Distribution to depositors and Murabaha costs 22 34 46 Net Income from Islamic fi

  16. Slide 16: Consolidated Statement Of Financial Position (KWD million)

    Consolidated Statement Of Financial Position (KWD million) KWD million 2015 2016 2017 Cash and short term funds 3,481 2,687 2,744 Central Bank of Kuwait bonds 804 749 656 Kuwait Government treasury bonds 380 493 1,076 Deposits with banks 1,427 2,408 2,488 Loans, advances and Islamic financing to cus

  17. Slide 17: Contents

    Contents Section 1 Opening remarks Section 2 Financial Performance 1H 2018 / 2Q 2018 Section 3 Appendix Section 4 Questions 16

  18. Slide 18: Questions

    tnikgll Questions

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