Allied Bank Limited · PSX:ABL
Allied Bank — H1 2019 Earnings Presentation
21 slides from Allied Bank's earnings presentation, Jun 30, 2019
Slide 1: Investor Presentation Financial Results - June 2019
INVESTOR PRESENTATION Financial Results - June 2019
Slide 2: Table of Contents
Table of Contents Stock ABL at a Glance Investments Deposits Annexures Market Data 3 4-6 8 9 10 11 12-13 7 14-18 Awards Major Highlights Advances Key Ratios & Balance Sheet - Total Assets & & Balance Sheet – Total Liabilities CGR Asset Quality Channels Income Statement
Slide 3: ABL At Glance
ABL At Glance Overseas Branches • Bahrain WBU • Export Processing Zone Rep Offices Subsidiary • UAE-Dubai • China-Beijing Asset Management Domestic Co. Ltd. Holding 100% Branches Entity Credit Rating 1,343 (incl.117 Islamic) Long Term: AAA Digital Touch Short Term: A1+ Points Corporate Governance Ra
Slide 4: Major Highlights Balance sheet (Assets)
Major Highlights Balance sheet (Assets) (Rs. in Billion) 1,600 100 -4% -7% 1% 21% 1,400 0 1,200 -6 6 18 1,000 -49 -100 Total Assets Rs. 1,320 Billion (decline by 2%); 800 -200 Total Industry Assets increased by 5% 1,351 1,320 600 -300 400 200 -400 Net Advances stood at Rs. 444 Billion (Increase - -5
Slide 5: Major Highlights Balance sheet (Liabilities)
Major Highlights Balance sheet (Liabilities) (Rs. in Billion) Total Liabilities Rs. 1,243 Billion (decline by 2%); 1,400 100 Total Industry Liabilities increased by 6% 1,200 5% 50 53% 1,000 -41% - 45 18 800 (50) • Deposits crossed 1,000 billion mark; CASA 600 1,243 1,212 Jun’19: 81% (Dec’18: 82%). (
Slide 6: Major Highlights Income Statement
Major Highlights Income Statement (Rs. in Million) • Growth in Net Interest Income by 18% despite Implicit interest expense recognized under 16,000 4,800 14,000 18% IFRS-16. 2,800 12,000 -19% 14% -71% • Fee & Commission income increased by 12%; 8% 800 10,000 1,226 1,675 Dividend Income decreased by
Slide 7: Investments
Investments (Rs. in Million) Investments Jun' 19 Dec'18 Var. Growth Pakistan Investment Bonds 75,825 64,695 11,129 17% Market Treasury Bills 482,030 543,455 (61,425) -11% Listed and Unlisted Shares 27,267 26,428 839 3% TFCs, Bonds, Sukuks and Mutual Funds 34,405 30,826 3,578 12% Subsidiary 500 500 -
Slide 8: Advances & Asset Quality
Advances & Asset Quality (Rs. in Billion) Gross Advances reached Rs. 460 bln 500 9.0% 450 454 437 460 (1.2 % ↑ ) (Industry Growth 2.8%) 7.8% 8.0% 7.2% 389 400 6.8% 7.0% 7.0% 350 6.4% 326 6.0% 289 341 5.9% 285 300 262 349 5.0% Net ADR ratio reached 43% (Industry 250 4.6% 3.5% 3.6% 3.4% 4.0% ADR 55%)
Slide 9: Deposits
Deposits (Rs. in Billion) Particulars Jun' 19 Dec'18 Var (%) Market Share: 7.1% Current 393 364 8% Industry Growth: 8.3% Saving 442 445 -1% Term 194 176 10% Total Deposits 1,029 984 5% 1,200 1,000 1,029 984 1,008 883 800 805 835 735 809 793 668 690 600 608 617 Total Deposits 522 CASA (Incld. Current
Slide 10: Key Ratios & Channels
Key Ratios & Channels Key Ratios ABL Industry Month Jun'19 Dec'18 Mar' 19 ROA (%) 1% 1% 1% ROE (Tier I) (%) 14% 16% 12% Capital Adequacy Ratio (%) 22% 22% 16% Channels Jun' 19 Dec' 18 Growth Total Branches 1,345 1,345 - Conventional 1,228 1,228 - Islamic 117 117 - Total ATMs 1,447 1,388 59 On-site 1
Slide 11: Stock Market Data
Stock Market Data 15.0% Pakistan Stock Exchange Code: ABL 10.0% 5.0% Bloomberg Code: ABL PA 0.0% Shares Outstanding (mln): 1,1451.07 Jan-19 Feb-19 Mar- 19 Apr-19 May-19 Jun-19 -5.0% Market Capitalization (Rs. bln): 120.25 -10.0% -15.0% Stock Price as at June 30: Rs. 105.02 ABL Stock Price vs Market
Slide 12: Awards & Achievements
Awards & Achievements 1 2 3 4 5 Corporate SAFA- 6th FPCCI Best Top Issuer of Certificate of Corporate Excellence PayPak Debit Achievement Award- Merit Award 2018 Report 2018 Cards by 1- Corporate Awards by Management Link Commercial Association of Governance Banks ICAP/ICMAP - Pakistan Disclosure 2n
Slide 13: Corporate Governance & Ratings
Corporate Governance & Ratings Corporate Entity Rating Governance Deposits Rating PACRA JCR-VIS Moody’s • CGR-9+ • B3 • AAA (Long Term) • Rating reflects bank’s stable • Very high level of corporate • A1+ (Short Term) deposits-based funding governance; the rating • A very low expectation of profile,
Slide 14: Annexures
yA Annexures Allied Bank
Slide 15: Statement of Financial Position: Standalone
Statement of Financial Position : Standalone Annexure - A Rs. in Million US$ in Million ASSETS Growth Jun' 19 Dec'18 Var. Jun' 19 Dec'18 Var. Cash and Balances with Banks 139,620 101,763 37,857 856 624 232 37% Lending to FIs 9,525 53,786 (44,260) 58 330 (271) -82% Investments 622,397 671,228 (48,831
Slide 16: Statement of Financial Position: Consolidated
Statement of Financial Position : Consolidated Annexure - B Rs. in Million US$ in Million ASSETS Growth Jun' 19 Dec'18 Var. Jun' 19 Dec'18 Var. Cash and Balances with Banks 139,620 101,753 37,867 856 624 232 37% Lending to Fis 9,525 53,786 (44,260) 58 330 (271) -82% Investments 623,924 672,587 (48,6
Slide 17: Income Statement: Standalone
Income Statement : Standalone Annexure - C Rs. in Million US$ in Million Particulars Growth Jun' 19 Jun'18 Var. Jun' 19 Jun'18 Var. Mark-up/ interest Income 52,010 33,320 18,690 319 204 115 56% Mark-up/ interest Expensed 33,277 17,508 15,769 204 107 97 90% Net Mark-up/ interest Income 18,733 15,812
Slide 18: Income Statement: Consolidated
Income Statement : Consolidated Annexure - D Rs. in Million US$ in Million Particulars Growth Jun' 19 Jun'18 Var. Jun' 19 Jun'18 Var. Mark-up/ interest Income 52,011 33,320 18,691 319 204 115 56% Mark-up/ interest Expensed 33,279 17,507 15,772 204 107 97 90% Net Mark-up/ interest Income 18,732 15,81
Slide 19: Disclaimer
Disclaimer The information being presented herein is solely for your information. Except for the historical information, statements that describe the Bank’s objectives, plans or goals discussed in Investor Conference Call are forward‐looking statements. These forward looking statements involve a num
Slide 20: Contact Us
Contact Us Humza Taimur +92-42-35880043 humza.taimur@abl.com Manager Investor Ext: 32641 Relations 20
Slide 21: Thank You
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