Gfh Bank B.s.c. · BAHRAIN:GFH
Gfh Bank B.s.c — GFH Financial Group — H1 2021 Earnings Presentation
8 slides from Gfh Bank B.s.c's earnings presentation, Aug 16, 2021
Slide 1: GFH Financial Group H1 2021 Earnings Presentation
GFH Financial Group H1 2021 Earnings Presentation 16 August 2021
Slide 2: Importance Notice and Forward-Looking Statements
Importance Notice and Forward-Looking Statements Important notice The information set out in this presentation and subsequent webcast does not constitute a public offer for the purposes of any applicable law or an offer to sell or solicitation of any offer to purchase any securities or other financi
Slide 3: Key highlights
Key highlights H1 increase by 146% 1 37,044 Increase in Half year profits by 146% and second quarter profits by 110% Q2 increase by 110% 20,922 Net profit margin increases to 23% in Q2 2 compared to 13% in Q2 2020 and 18% in Q1 2021 5,082 9,972 15,054 16,122 3 Growth in Return on Equity 8% (annualiz
Slide 4: Income contributions
Income contributions 26.5 Investment banking • Income from sale 17.1 and handover of units 17.4 Investment • Income from deal Commercial banking Real Estate 24.5 5% banking placements 19% • Management fee income from Proprietary 13.1 ongoing projects 5.4 Treasury & 13.1 Treasury & other other 38.6 4
Slide 5: Balance sheet composition
Balance sheet composition Assets Jun 2021 Mar 2021 Dec 2020 3.0 Liquid assets 2.8 Book value per share (AED) 0.91 0.91 0.91 2.4 Financing assets 1.3 1.3 Cost of money market funds 4.9% 5.0% 5.0% 1.3 Real estate 1.8 1.8 Yield from liquid assets 9.4% 9.1% 8.3% 1.8 0.3 Debt to Equity Ratio 3.17x 3.03x
Slide 6: Thank you Q&A
Thank you Q&A 6 Earnings Presentation – H1 2021
Slide 7: Income statement
Income statement US$000s 6 months comparison 3 months comparison H1 2021 H1 2020 Q2 2021 Q2 2020 Investment banking income 34,737 40,964 -15% 17,147 26,513 -35% Commercial banking income 41,713 32,374 29% 24,541 17,369 41% Income from proprietary investments 18,931 23,409 -19% 5,390 13,078 -59% Real
Slide 8: Balance Sheet
Balance Sheet US$000s June 2021 March 2021 Dec 2020 ASSETS Cash and bank balances 593,229 805,917 536,502 Treasury portfolio 2,379,758 2,021,232 1,878,546 Financing assets 1,252,936 1,259,791 1,267,266 Real estate investment 1,817,499 1,820,683 1,812,315 Proprietary investment 171,357 174,474 216,10