Askari Bank Limited · PSX:AKBL
Askari Bank — H1 2022 Earnings Presentation
7 slides from Askari Bank's earnings presentation, Aug 31, 2022
Slide 1: Analyst Briefing
Analyst Briefing For the Period ended June 30, 2022 August 31, 2022
Slide 2: Askari Bank Limited – basic info
Askari Bank Limited – basic info Commencement of operations April 1992 Sponsors Fauji Foundation Group (71.91%) Entity Rating AA+(by PACRA) Market capitalization - Rupees in billion (August 26, 2022) 23 Branches / sub branches - in Pakistan- Aug 2022 564 (including 106 islamic branches) Cities / tow
Slide 3: Balance Sheet – as of June 30, 2022 (Rs in billion)
Balance Sheet – as of June 30, 2022 (Rs in billion) Dec.'21 Jun. '22 Growth Advances Infection Cash, bank & FIs 92.9 147.5 59% 700 8.0% Investments - net 616.4 778.7 26% 6.7% GoP Sec - AFS 473.8 639.5 35% 600 6.1% 7.0% 6.0% GoP Sec - HTM 120.1 118.8 -1% 500 Others 22.4 20.5 -9% 400 5.4% 5.0% 4.0% Ad
Slide 4: Profit & Loss – Quarter and Half Year ended June 30, 2022
Profit & Loss – Quarter and Half Year ended June 30, 2022 (Rs in billion) 2nd Quarter Half Year '21 '22 % '21 '22 % 18.4 35.0 90% Mark-up earned 35.4 61.7 74% (10.2) (26.2) 157% Mark-up expensed (19.6) (44.5) 126% 8.2 8.8 8% NII 15.8 17.2 9% 1.0 1.4 36% Fee and Com. 2.0 2.5 26% 0.8 1.6 102% FX incom
Slide 5: Summary KPIs
Summary KPIs '18 '19 '20 '21 HY'22 Deposit - CAGR - % 17.3% (industry 14.3%) Advances - CAGR - % 11.8% (industry 8.4%) Return on Equity - % 15.0 20.1 25.5 19.2 22.2 Return on Asset - % 0.7 0.9 1.2 0.9 0.9 Cost to income - % 65.6 62.2 50.6 50.7 46.3% Adv. to Deposit - % 64.4 58.7 53.3 50.0 53.2% Infe
Slide 6: KPIs – HY'22
KPIs – HY’22 Return on Equity Cost to Income 25.5% 66% 22.2% * 62% 20.1% 19.2% 51% 51% 46% 15.0% Return on Assets Earning Per Share – Rs. 1.2% 10.0 * 8.6 0.9% 0.9% 0.9% * 7.7 0.7% 5.6 3.5 '18 '19 '20 '21 HY'22 '18 '19 '20 '21 HY'22 * annualized
Slide 7: Thank You
Thank You