Far Eastern International Bank · TWSE:2845
Far Eastern International Bank — FY2021 Earnings Presentation
21 slides from Far Eastern International Bank's earnings presentation, Mar 9, 2022
Slide 1: Investor Conference Y2021
Investor Conference Y2021 3/9’2022
Slide 2: Far Eastern Group
Far Eastern Group Established in 1937 Span over 10 major industries 9 public listed companies in Taiwan and HK Total Asset of NT$2,996 Bn. (YE2021) Petrochemical & energy Polyester & synthetic fiber Cement & building material Retail & department store Financial services – 11 companies in ope
Slide 3: Contents
Contents Financial Highlights Key Strategies 3
Slide 4: Assets & Net worth
Assets & Net worth Assets Net Worth (NT$Bn) (NT$Bn) YoY YoY YoY YoY +2.0% +6.3% +3.8% +3.1% 723 655 680 49 50 36 47 36 51 0 1 36 40 36 14 13 13 228 198 221 34 35 36 385 383 407 2019 2020 2021 2019 2020 2021 Loan Investment Cash & Deposit AR & Others Capital + Capital Surplus Retain E
Slide 5: Loans & Deposit
Loans & Deposit Gross Loan Deposit (NT$Bn) (NT$Bn) YoY YoY YoY +5.2% YoY +8.3% +6.2% 612 -0.3% 582 413 537 48 390 389 46 71 64 71 101 32 99 102 338 128 144 321 330 129 59 50 50 27 37 45 122 136 155 77 70 73 2019 2020 2021 2019 2020 2021 Local Corp Local SME Overseas LCY D.D. LCY T.D.
Slide 6: Liquidity
Liquidity Demand Deposit ratio 37.01% Gross loan-to-deposit ratio 35.44 28.57 74.91% 72.96% 72.62% 70.18% 2019 2020 2021 Liquidity coverage ratio 67.49% 66.81% 142.42% 142.22% 124.91% 2019 2020 2021 By YE balance By average balance 2019 2020 2021 6 Source: :Consolidated number / FEIB websi
Slide 7: Asset Quality
Asset Quality NPL Ratio NPL Coverage Ratio Loan Coverage Ratio 0.51% 1.46% 773% 1.42% 649% 621% 496% 1.40% 1.35% 0.28% 0.27% 510% 1.37% 286% 1.32% 0.22% 0.22% 0.18% Dec'19 Dec'20 Dec'21 Dec'19 Dec'20 Dec'21 Dec'19 Dec'20 Dec'21 Industry FEIB 7 Source: FSC report Industry: 38 Commercial Ban
Slide 8: Profitability
Profitability Revenue YoY PPOP YoY (NT$Bn) (NT$Bn) 11.7 11.2 -3.8% -5.4% 0.3 10.8 4.8 0.4 0.1 1.1 4.4 4.1 2.5 1.3 3.5 3.0 3.5 5.5 6.0 6.6 2019 2020 2021 2019 2020 2021 NII Fee Trading Other Provision Cost YoY IBT YoY (NT$Bn) (NT$Bn) -44.5% 4.3 +14.4% 3.3 Net 2.9 1.5 Net Net 1.9 0.8 0
Slide 9: Interest Margin
Interest Margin Net Loan Yield* & NIM Avg. Loan Rate & Balance * =(Avg. loan revenue – Avg. deposit cost) / Avg. loan balance 2.39% 1.10% 1.16% 2.04% 0.98% 1.78% (NT$Bn) 1.02% 1.01% 0.99% 389 399 414 2019 2020 2021 2019 2020 2021 Load Yield NIM Loan-to-Deposit Spread & NIS Avg. Deposit R
Slide 10: Net Profitability
Net Profitability ROA (before tax) 0.72% EPS 0.59% 0.59% 0.66% 1.03 0.46% 0.42% 0.84 0.72 2019 2020 2021 ROE (before tax) 9.44% 7.75% 8.08% 2019 2020 2021 9.19% 6.62% 5.90% Source: Management Report / FSC report 2019 2020 2021 10 Industry: 38 Commercial Banks (excluding EX-IM Bk) Industry
Slide 11: BIS
BIS CET1 (unconsolidated) BIS (unconsolidated) 11.03% 13.60% 14.10% 13.95% 10.87% 10.53% 10.99% 11.49% 11.30% 2019 2020 2021 2019 2020 2021 Tier1 Tier 2 11 Source: Management report
Slide 12: Dividends
Dividends EPS & Dividend Cash dividend yield (NT$/Share) = Cash dividend / Avg. stock price of the year of earnings (EPS) $1.08 4.00% 4.04% $0.84 $0.73 3.00% 0.28 0.16 0.19 0.47 0.43 (44%) 0.33 (51%) (45%) 2019 2020 2021 2019 2020 2021 Cash Stock Reserved Earning Source: Management Report
Slide 13: Contents
Contents 案例二 Financial Highlights Key Strategies 13
Slide 14: Steady Growth in 2022
Steady Growth in 2022 Assets Gross Loan (NT$Bn) (NT$Bn) YOY YOY +6% +3% 413 437 389 2020 2021 2022* 2022 Deposit (NT$Bn) 723 745 YOY 680 +3% 612 630 582 2020 2021 2022 2022* 2020 2021 2022* 2022 14 *2022 Budget
Slide 15: Niche Banking
Niche Banking High Margin Niche High Productivity Business Business Staffing Revolving Lead bank of int’l Improving mortgage syndication loans IBT/staff Integrated retail RPA (Robotic Offshore process banking lending automation) Credit investment 15
Slide 16: Digital Banking
Digital Banking Branding : Bankee (As at 12/31’21) Customers #: 118,737 Deposit : NT$ 6.6 Bn. Digital Milestone e-Loan (P. loan) MID – ID verification 95 % Off - counter rate i-application e-approval 51 % Acquisition rate Data cross-sharing With non-FI industry 39 % APP % .. . 16
Slide 17: ESG Focus
ESG Focus FEIB 30 + ESG 30 Equal opportunities & friendly working environment Human rights advocate Equator Principles & TCFD Green finance +30% External Evaluation of Board performance Diversified Board members 17
Slide 18: Contents Appendix
&& snannnay Far Easter Int'l Bank Contents Prose
Slide 19: Key Financials
Key Financials (NT$ m, except percentages and per share data) (Consolidated) As of or for 12 months ended December 31 2019 2020 2021 YoY Key balance sheet items Gross loans 390,200 388,857 412,872 6.2% Total assets 654,888 680,291 723,055 6.3% Deposits and remittances 537,396 582,153 612,107 5.1% To
Slide 20: THANK YOU
f= 2k mm RMT op Far Easter Int'l Bank THANK YOU
Slide 21: Disclaimer
Disclaimer This presentation has been prepared by Far Eastern International Bank (the “Company”). This presentation and the materials provided herewith do not constitute an offer to sell or issue or the solicitation of an offer to buy or acquire securities of the Company in any jurisdiction or an in
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