Gfh Bank B.s.c. · BAHRAIN:GFH
Gfh Bank B.s.c — GFH Financial Group B.S.C. — H1 2024 Earnings Presentation
10 slides from Gfh Bank B.s.c's earnings presentation, Aug 14, 2024
Slide 1: H1 2024 Results Presentation
H 1 2 0 2 4 R E S U LT S P R ES E N TAT I O N 14 August 2024
Slide 2: Contents
Contents 1 H1 2024 Financial Performance 2 Q2 2024 Key Business Line Developments 3 Overview of GFH’s Share Price 4 ESG Highlights
Slide 3: The Group continues to report strong growth in income and profits
The Group continues to report strong growth in income and profits Consolidated profits Shareholder profits Total income Total Expenses 18.7% Increase 11.4% Increase 53.7% Increase 40.5% Increase HY1 -24 $ 67.9 m HY1 -24 $ 60.8m HY1 -24 $ 332.2m HY1 -24 $ 163.8m HY1 -23 $ 57.2m HY1 -23 $ 54.6m HY1 -2
Slide 4: Q2 2024 Financial Performance at a Glance
Q2 2024 Financial Performance at a Glance Total Income $m Shareholder Profits $m Analyst Coverage Report 52% 169.3 o Strong growth in total income of +52% 10% 33.6 YoY driven by solid performance across all the business lines 30.6 111.2 o Momentum in investment banking continues across PE and GFH Pa
Slide 5: The Group continues to report Strong Balance sheet
The Group continues to report Strong Balance sheet Total Assets $bn Total Liabilities $bn Analyst Coverage Report6% 2% 11.1 6.6 10.9 6.2 o As a Strategy, the Bank decided to tighten the liquidity to be raised which resulted in drop in total assets by 2% and drop in total liabilities by 6%. o As comm
Slide 6: Robust Capitalization, Liquidity and Funding Levels
Robust Capitalization, Liquidity and Funding Levels Strong and resilient capital Base with CAR reported at c.18.12% Strong liquid funds position translating into LCR of 240% as of June 2024 and NSFR of 132% against a regulatory threshold of 100%. Capital Adequacy Ratio LCR NSFR 240.0% 237.0% 132.0%
Slide 7: Positive Contribution from all business lines
Positive Contribution from all business lines Revenue by Segment Key Highlights Continued positive performance from the Group’s investment Banking; • The Group effectively managed its diversified portfolio of global Investment Banking 26% investments • Strong Performance from the Group’s Subsidiary
Slide 8: ~28% YTD increase in GFH share price
~28% YTD increase in GFH share price Clear Strategy to deliver long Overview of GFH’s Share Price Evolution during 2024 term shareholders value Appointment of BHM as Liquidity Provider (“LP”) in DFM and ADX and SICO as LP for GFH shares in in Bahrain Bourse to provide additional liquidity in the sha
Slide 9: GFH continued to implement positive initiatives furthering its commitment to ESG related practices
GFH continued to implement positive initiatives furthering its commitment to ESG related practices Selected positive ESG initiatives done in Q2 2024 Contributions to Local Talent Continued Contributions to Supporting People of Development Youth Affairs Determination - The Group signed with the Bahra
Slide 10: Disclaimer
Disclaimer GFH Financial Group B.S.C ("GFH"), on its behalf and on behalf of any affiliate, subsidiary and other members of its group of companies (the "Group") give notice that: 1. Any information contained in this presentation (the "Presentation") has been prepared by GFH solely for informational
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