Tmbthanachart Bank Public Company Limited · SET:TTB
Tmbthanachart Bank Public — TMB Bank Public Company — 9M07 Earnings Presentation
20 slides from Tmbthanachart Bank Public's earnings presentation, Nov 13, 2007
Slide 1: 9M07 & 3Q07 Reviewed Results
13 November 2007 TMB BANK Presentation to Audit Committee 9M07 9M07 & & 3Q07 3Q07 Reviewed Reviewed Results Results CEO/CFO TMB Bank Public Company Limited 0
Slide 2: Financial Highlights
Financial Highlights 9M07 & 3Q07 Reviewed Details Appendix TMB Bank Public Company Limited 1
Slide 3: 9M07 & 3Q07 Highlights
9M07 & 3Q07 Highlights Income Statements : Consolidated Unit : THB mm 9M07 9M06 % 3Q07 2Q07 % Interest income 26,252 26,409 (0.6%) 7,917 8,711 (9.1%) Interest expense (14,162) (14,964) (5.4%) (3,846) (4,581) (16.0%) Net interest income 12,090 11,445 5.6% 4,071 4,131 (1.4%) Non interest income * 5,74
Slide 4: 9M07 & 3Q07 Highlights
9M07 & 3Q07 Highlights Income Statements : Consolidated Unit : THB mm 9M07 9M06 % 3Q07 2Q07 % Core profit 6,951 6,146 13.1% 2,367 2,419 (2.2%) Provision (12,561) (192) 6,432.8% (4,365) (6,984) (37.5%) Extra items : Loss on impairment of NPA (717) (238) 201.5% (368) (255) 44.4% Possible loss from BAM
Slide 5: 9M07 Highlights
9M07 Highlights Balance Sheets : Consolidated Unit : THB mm Sep 07 Jun 07 % Dec 06 % Investments 91,415 88,125 3.7% 116,063 (21.2%) Total loans 483,745 505,165 (4.2%) 541,037 (10.6%) NPLs 68,907 66,436 3.7% 61,918 11.3% Total provisioning 35,456 31,970 10.9% 31,763 11.6% Properties foreclosed 25,622
Slide 6: 9M07 & 3Q07 Highlights: Key Ratios
9M07 & 3Q07 Highlights Key Ratios : Consolidated Unit : THB mm 9M07 9M06 % 3Q07 2Q07 % Loan yield 5.8% 5.4% 0.5% 5.5% 5.9% (0.4%) Non interest income */ total income 30.5% 27.5% 3.0% 29.8% 30.4% (0.5%) Cost to income ** 62.6% 62.1% 0.5% 58.8% 63.9% (5.1%) NIM 2.3% 2.1% 0.2% 2.5% 2.5% 0.1% Fully Dilu
Slide 7: Continued Improvement in Core Earnings
Continued Improvement in Core Earnings Net Interest Income (THB mm) Commentary NII NIM Increase NII & NIM due mainly to 15,157 16,000 14,698 Lower interest expenses from deliberate growth in 14,000 2.60% saving & current accounts (from 26% in Dec 06 to 12,000 11,151 2.13% 2.12% 39 % in Sep 07) & dec
Slide 8: Growth in Non-Interest Income
Growth in Non-Interest Income Non-Interest Income (THB mm) Fee Income (THB mm) Excluded loss sharing from PAMC 9 . 3% 5,274 0. 2% R = 2 29. 3% = 2 20.2% 7,949 AG = CAGR R = CAGR C 4,734 CAG 7,472 1,184 5,714 3,577 4,576 2,440 6,288 5,962 3,955 2004 2005 2006 9M07 2004 2005 2006 9M07 (Annualized) (An
Slide 9: Financial Highlights
Financial Highlights 9M07 & 3Q07 Reviewed Details Appendix TMB Bank Public Company Limited 8
Slide 10: Non-Interest Income
Non-Interest Income Non-Interest Income : Focus & Continue Growth in Fee Income (THB mm) Items 9M07 9M06 % 3Q07 2Q07 % Gain (loss) on investments 453 169 284 168.4% (25) 275 (300) N/A Share of profit (loss) from investments - 216 172 44 25.5% 75 73 3 3.9% Equity Method Fees and service income 3,955
Slide 11: Non-Interest Expenses
Non-Interest Expenses Non-Interest Expense Breakdown (THB mm) Items 9M07 9M06 % 3Q07 2Q07 % Personnel expenses 3,539 3,616 (77) (2.1%) 1,156 1,241 (85) (6.8%) Premises and equipment 1,913 1,546 366 23.7% 670 664 6 1.0% Taxes and duties 1,032 1,026 6 0.6% 322 352 (30) (8.5%) Fees and service expenses
Slide 12: Asset Highlights
Asset Highlights Total Assets (THB bn) Loans (THB bn) 560 554 760 752 541 740 540 717 720 520 514 700 680 670 500 484 660 652 480 640 460 620 600 440 2004 2005 2006 9M07 2004 2005 2006 9M07 Investments (THB bn) Commentary : Movement from 2006 140 Total assets THB 100 bn from : 116 120 106 Loan THB 5
Slide 13: Loan Outstanding Breakdown: Bank Only
Loan Outstanding Breakdown : Bank Only By Sector Loan Growth by Sector Corporate Consumer THB 186 bn THB 78 bn 549 38% 16% 72 490 0.9 % 1 bn PL Consumer 71 SME 14.3 % THB 226 bn 220 31 bn 46% Total = THB 490 bn PL SME 188 By Industry Others 10% Real Estate Manufacturing 17.1 % 5% 29% 34 bn PL Corpor
Slide 14: Asset Quality
Asset Quality NPL / Total Loans (THB mm) Legal Workout Progress of NPL - Sep 07 NPLs Ratio (Gross) NPLs Ratio (Net) Bank Only 16% 14.0% 13.4% 14% 12.5% 11.3% 12% 9.4% Rehabilitation 10% 8.5% 7.7% Bankruptcy 3% 8% 7.2% Payment 15% request 6% 28% 4% 2% 64,230 74,485 61,918 68,907 0% 2004 2005 2006 9M0
Slide 15: Liquidity & Funding Structure
Liquidity & Funding Structure Funding Breakdown (THB bn) LDR LDR LDR (included P/N, ST Bonds) Interbank and MM 120% 113% 105% 107% ST Bonds 103% 100% 95% 94% 92% Borrowings 89% 700 Deposits 683 80% 21 631 611 38 601 60% 600 41 42 55 24 - 9 67 51 40% 500 112 20% 400 0% 2004 2005 2006 9M07 300 Deposit
Slide 16: Financial Highlights
Financial Highlights 9M07 & 3Q07 Reviewed Details Appendix TMB Bank Public Company Limited 15
Slide 17: Profit and Loss Consolidated
Profit and Loss Consolidated (THB mm) 9M07 9M06 % 3Q07 2Q07 % Interest income 26,252 26,409 (0.6%) 7,917 8,711 (9.1%) Interest expenses 14,162 14,964 (5.4%) 3,846 4,581 (16.0%) Net interest income 12,090 11,445 5.6% 4,071 4,131 (1.4%) Provision & loss from TDR 12,561 192 6,432.8% 4,365 6,984 (37.5%)
Slide 18: Balance Sheets Consolidated
Balance Sheets Consolidated (THB mm) Assets Sep 07 Jun 07 % (Jun) Dec 06 % (Dec) Cash 8,941 9,541 (6.3%) 10,920 (18.1%) Interbank & money market items 30,548 10,617 187.7% 17,892 70.7% Securities purchased under resale 17,650 5,700 N/A 25,500 (30.8%) Investments in securities - net 91,415 88,125 3.7
Slide 19: Balance Sheets Consolidated
Balance Sheets Consolidated (THB mm) Liabilities & Equity Sep 07 Jun 07 % (Jun) Dec 06 % (Dec) Deposits 516,018 492,418 4.8% 568,467 (9.2%) Interbank and money market items 24,190 35,120 (31.1%) 21,448 12.8% Borrowings 60,292 63,218 (4.6%) 93,271 (35.4%) Other liabilities 22,779 24,745 (7.9%) 20,691
Slide 20: News Campaigns & Products
News Campaigns & Products IR contacts Nisa Laohasomboon Tel. 66-2299-2926 E-mail nisa.lao@tmbbank.com Ajaya Intaraprasong Tel. 66-2299-1178 E-mail ajaya.int@tmbbank.com This presentation contains some information from other sources, that TMB Bank Public Company Limited does not make any representati