Banca Ifis S.p.a. · MIL:IF
Banca Ifis — FY2012 Earnings Presentation
11 slides from Banca Ifis's earnings presentation, 2013
Slide 1: Banca IFIS Group: 2012 Results
BANCA IFIS GROUP: 2012 RESULTS 1
Slide 2: Highlights
HIGHLIGHTS (million Euro) Net profit 78,1 (26,5 in 2011) +194,2% Equity 309,0 (196,3 in 2011) +57,4% Funding 7.676,3 (3.659,0 in 2011) +109,8% GROUP KPI 2012 2011 ROE 35,6% 12,6% Credit quality cost 3,0% 1,9% Cost/income ratio 27,9% 39,1% Solvency 12,7% 10,8% Core Tier 1 12,9% 11,2% Book value per s
Slide 3: Net Banking Income
NET BANKING INCOME (million Euro) Trade receivables Clients +20% Turnover 4.941,5 +6,4% 244,9 (121,5 in 2011) Focus on SMEs Trade 2012 2011 +101,7% % change 2012 / 2011 receivables KPI Net Banking 2,3% 1,6% Income/Turnover Trade Tax NPL G&S Receiv. Receiv. Breakdown NBI 2012 2011 73,8 8,6 2,7 36,3 2
Slide 4: Net Result of Financial Operations
NET RESULT OF FINANCIAL OPERATIONS (million Euro) Net value adjustments Equal to 53,7 VS 32,1 in 2011 (4th quarter 26,2 in 2012 VS 13,2 191,2 (89,3 in 2011) in 2011) +114,0% % change 2012 / 2011 Group KPI 2012 2011 Credit quality 3,0% 1,9% cost Trade Tax NPL G&S Receiv. receiv. 2011 43,3 8,0 1,7 36,
Slide 5: Net Profit
NET PROFIT (million Euro) Group KPI 2012 2011 78,1 (26,5 in 2011) Credit quality cost Cost/income ratio 3,0% 27,9% 1,9% 39,1% +194,2% % change 2012 / 2011 Tax rate 36,4% 36,6% 244,9 53,7 Trade Receiv. 2012 2011 KPI 68,4 NBI/Commitments 6,4% 4,8% Net value 44,7 adjustments/ 2,5% 2,0% Commitments 78,1
Slide 6: Balance Sheet - Asset Structure
BALANCE SHEET - ASSET STRUCTURE (million Euro) of which Loans to customers 104,0 Total assets 2.292,3 +33,1% NPL 83,2 Tax receivables 8.124,1 % change 2012 / 2011 Assets available for sale (AFS + HTM + L&R) Portfolio of Italian 7% 2% 5.140,1 securities held 28% 5.008,2 63% Due from banks 545,5 +72,7
Slide 7: Credit Quality
CREDIT QUALITY (million Euro) Loans to customers Discontinuity: since 1/1/2012 max 90 days (and 2.292,3 +33,1% no longer 180 days) to define past-due loans % change 2012 / 2011 Deteriorated assets 440 Incidence of deteriorated 450 assets / net total receivables: 400 350 19,2% VS 16,1% (20,5% like fo
Slide 8: Securities Portfolio
SECURITIES PORTFOLIO (million Euro) from over from over from over from over up to 3 to 6 months to 1 year to 2 to Total 3 months 6 months 1 year 2 years 5 years Total 204,4 553,6 1.068,6 1.902,4 1.411,2 5.140,1 % on total 4,0% 10,8% 20,8% 36,9% 27,5% 100,0% Composition 31.12.2012 31.12.2011 % Change
Slide 9: Balance Sheet - Funding Structure
BALANCE SHEET - FUNDING STRUCTURE (million Euro) rendimax on line deposit account Total funds 3.046,2 +95,8% and deposits % change 2012 / 2011 7.676,3 +109,8% Wholesale funding % change 2012/2011 557,3 due to banks -72,2% % change 2012 / 2011 Wholesale funding 40% 4.039,3 PCT 60% Repurchase agreemen
Slide 10: Equity: Changes
BANCA IFIS GROUP: 2012 RESULTS (million Euro) EQUITY: CHANGES Net equity at 31.12.2011 196,3 Increases: 130,4 Profit for the period 78,1 Sale/issuance of treasury shares 7,7 Valuation reserve: 44,6 - Available for sale assets 42,2 - Exchange differences 2,4 Decreases: (17,7) Dividends distributed (1
Slide 11: Banca IFIS Group: Summary
BANCA IFIS GROUP: SUMMARY • Considerable growth in the Bank. • All three of the Bank’s mainstays reinforced: profitability, liquidity, equity. • Excellent ability to react to economic deterioration. • Significant size of securities’ portfolio. • Optimum trends in the rendimax savings account. 11