Tisco Financial Group Public Co. Ltd. · SET:TISCO
Tisco Financial Group Public — Q2 2016 Earnings Presentation
20 slides from Tisco Financial Group Public's earnings presentation, Jul 13, 2016
Slide 1: TISCO Financial Group Analyst Meeting 2Q2016
TISCO Financial Group Public Co., Ltd. Analyst Meeting 2Q2016 July 13, 2016
Slide 2: 2Q 2016 Financial Results
TISCO 2Q 2016 Financial Results
Slide 3: Consolidated Income Statements
Consolidated Income Statements Unit : Million Baht 2Q15 1Q16 2Q16 % QoQ % YoY 1H15 1H16 % YoY Interest Income 4,263 4,067 3,991 (1.9) (6.4) 8,637 8,058 (6.7) Interest Expenses (1,815) (1,374) (1,300) (5.4) (28.3) (3,789) (2,675) (29.4) Net Interest Income 2,448 2,692 2,691 (0.1) 9.9 4,848 5,383 11.0
Slide 4: Assets and Liabilities
Assets and Liabilities Assets Liabilities Unit: Million Baht Unit: Million Baht 3.2% QoQ 3.2% QoQ 3.6% YTD 4.2% YTD Unit : Million Baht 2015 1Q16 2Q16 % QoQ % YTD Unit : Million Baht 2015 1Q16 2Q16 % QoQ % YTD Loans - Net 238,260 233,166 230,833 (1.0) (3.1) Deposits & 226,220 221,247 212,404 (4.0) (
Slide 5: Loan Portfolio
Loan Portfolio Total Loan Portfolio Unit: Million Baht 1.0% QoQ 3.1% YTD Retail Loans SME Loans Corporate Loans Unit: Million Baht Unit: Million Baht Unit: Million Baht 2.5% QoQ 5.5% QoQ 5.9% QoQ 4.3% YTD 8.8% YTD 5.8% YTD 5
Slide 6: Retail Loan Portfolio
Retail Loan Portfolio Retail Loan Breakdown 6
Slide 7: Industry Car Sales and Penetration Rate
Industry Car Sales and Penetration Rate Industry New Car Sales Units 160,000 2013 2014 120,000 2015 80,000 2016 40,000 - Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec TISCO Auto HP Penetration Rate No. of New Car Sales ('000 Units) Penetration Rate (%) 1331 8.9% 9.2% 8.7% 8.5% 8.1% 882 800 7.4% 30
Slide 8: Loan Spread and Net Interest Margin
Loan Spread and Net Interest Margin Yield on Loans and Cost of Funds 6.6 6.5 6.5 6.4 6.4 6.5 6.6 6.6 6.6 % Yield on loans 4.3 4.3 4.4 % Loan spread 3.9 4.1 3.5 3.5 3.7 3.3 % Cost of funds 3.1 3.2 2.6 2.9 2.8 2.5 2.3 2.3 2.2 2013 2014 2015 1Q15 2Q15 3Q15 4Q15 1Q16 2Q16 Remark: Cost of funds include c
Slide 9: Asset Quality
Asset Quality NPL and NPL Ratio Unit: Million Baht Total NPL % NPL 3.2% 3.1% 3.0% 2.6% 1.7% 7,701 6,750 7,158 7,000 4,964 2013 2014 2015 1Q16 2Q16 2015 1Q16 2Q16 NPL by Loan Type Million Baht % Million Baht % Million Baht % Corporate 1,189 2.9 1,210 3.0 1,239 2.9 SME 405 2.1 493 2.6 488 2.7 Hire Pur
Slide 10: Provisions
Provisions Provision Expense and Credit Cost Unit: Million Baht Provision expense (Million Baht) % Credit cost 5,277 4,426 4,141 2.1% 1.6% 1.6% 1.7% 1.6% 981 926 2013 2014 2015 1Q16 2Q16 Minimum Required Provision vs Actual Provision Unit: Million Baht Mini mum Required Prov ision Actual Provision 6
Slide 11: Deposits
Deposits Total Deposits & Bill of Exchanges Unit: Million Baht 4.0% QoQ 6.1% YTD Unit : Million Baht 2015 1Q16 2Q16 % QoQ % YTD Current 3,122 3,971 3,121 (21.4) (0.0) Savings 48,272 45,941 48,330 5.2 0.1 Fixed Deposits 106,950 102,961 100,550 (2.3) (6.0) Short-Term Bill of Exchanges 6,937 4,987 6,38
Slide 12: Non-Interest Income
Non-Interest Income Non-Interest Income from Core Businesses Non-Interest Income Breakdown Unit: Million Baht 6.5% QoQ IB, 1.3% 5.0% YoY Bancassurance, Brokerage, 41.5% 13.6% Banking Fee, 66.9% HP related fee, AM, 18.2% 8.5% Others, 16.9% Unit : Million Baht 2Q15 1Q16 2Q16 % QoQ % YoY 1H15 1H16 % Yo
Slide 13: Asset Management Business
Asset Management Business TISCO Asset under Management Unit: Million Baht Rank #10 1.7% QoQ 1.5% YTD Provident Fund Mutual Fund Private Fund Unit: Million Baht Rank #3 2.7% QoQ Unit: Million Baht Rank #15 1.3% QoQ Unit: Million Baht Rank #8 2.9% QoQ 5.3% YTD 1.0% YTD 12.7% YTD *Remark: Market Share
Slide 14: Brokerage Business
Brokerage Business TISCO Trading Volume and Market Share TISCO Vol ume (Mill ion Baht) Market share (%) 625,096 538,028 513,346 3.0% 2.9% 2.8% 2.7% 2.4% 118,508 124,416 2013 2014 2015 1Q16 2Q16 TISCO Trading Volume by Customer Retail Investors Foreign Institution Local Institution 41% 42% 42% 36% 45
Slide 15: Operating Expenses
Operating Expenses Cost to Income Ratio Cost to Total Assets Ratio Unit : Million Baht 2Q15 1Q16 2Q16 % QoQ % YoY 1H15 1H16 % YoY Employees' Expenses 889 1,068 1,059 (0.8) 19.1 1,879 2,127 13.2 Premises & Equipment Expenses 237 226 233 3.0 (1.7) 468 458 (2.1) Taxes & Duties 53 51 52 3.6 (1.4) 109 10
Slide 16: Capital Adequacy
Capital Adequacy Capital Adequacy Ratio of TISCO Bank 18.0% 18.0% 18.6% 16.8% 14.0% 14.0% 14.6% 13.4% 12.6% 9.2% 32,256 30,240 30,901 31,073 Capital Base (MB) 25,746 BIS Ratio (%) Tier I (%) 2013 2014 2015 1Q16 2Q16* *Remark: Projected Figures Risk-Based Capital Exposure 1Q16 2Q16 16
Slide 17: Employees and Branch Network
Employees and Branch Network Total Branch Network Total TISCO Employees *Remark: Loan Office included Mobile Branches 17
Slide 18: Disclaimer
Disclaimer This presentation material may contain forward-looking statements. These forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ from those in the forward looking statements as a result of various factors. TISC
Slide 19: Investor Relations
Investor Relations TISCO Financial Group Public Company Limited 48/49 TISCO Tower, North Sathorn Road Silom, Bangrak, Bangkok 10500 Thailand Tel: +66-2-633-6868 Fax: +66-2-633-6855 Email: ir@tisco.co.th Website: www.tisco.co.th 19
Slide 20: SAILIMGISSOd JO HLTVAM
SAILIMGISSOd JO HLTVAM
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