Mcb Bank Limited · PSX:MCB
Mcb Bank — Q1 2009 Earnings Presentation
13 slides from Mcb Bank's earnings presentation, April 2009
Slide 1: MCB Bank Limited First Quarter 2009
MCB Bank Limited FIRST QUARTER 2009 April 2009
Slide 2: Disclaimer
Disclaimer THIS PRESENTATION IS BEING PRESENTED TO YOU SOLELY FOR YOUR INFO RMATION AND MAY NOT BE REPRODUCED, REDISTRIBUTED OR PASSED ON, DIRECTLY OR INDIRECTLY, TO ANY OTHER PERSON OR PUBLISHED, IN WHOLE OR IN PART, FOR ANY PURPOSE. The securities of MCB Bank Limited (the “Company”) have not been
Slide 3: Important Information about Results Presentation
Important Information about Results Presentation Certain prior period financial numbers have been reclassified to conform to current period results presentation 3 HK000LN4_SCN_0906
Slide 4: 1Q 2009 Financial Highlights – Consolidated
1Q 2009 Financial Highlights – Consolidated EPS for 1 st Quarter was Rps. 6.2, up 6% YoY on a consolidated basis, and was up 1% at Rps. 6 on a stand alone basis • A 25% cash dividend was announced Net interest income increased 47% YoY and 12% QoQ to Rps. 9B, on the back of higher interest rates
Slide 5: 1Q 2009 Consolidated Highlights
1Q 2009 Consolidated Highlights O (U) PKR O (U) % PKR mm 1Q09 1Q08 4Q08 1Q08 4Q08 Net mark-up interest income 9,096 2,899 964 47% 12% Non-interest income 1,706 (204) 450 (11%) 36% Total Revenue 10,802 2,694 1,414 33% 15% Profit before Tax 6,370 623 1,677 11% 36% Net Income 4,254 247 1,452 6% 52% EPS
Slide 6: 1Q 2009 Standalone Highlights
1Q 2008 Standalone Highlights O (U) PKR O (U) % PKR mm 1Q09 1Q08 4Q08 1Q08 4Q08 Net mark-up interest income 9,094 2,898 931 47% 11% Non-interest income 1,688 (228) 398 (12%) 31% Total Revenue 10,782 2,670 1,329 33% 14% Profit before Tax 6,238 479 666 8% 12% Net Income 4,135 23 384 1% 10% EPS 5.98 0.
Slide 7: 1Q 2009 - Consolidated Income Statement
1Q 2009 - Consolidated Income Statement O (U) PKR O (U) % PKR mm 1Q09 1Q08 4Q08 1Q08 4Q08 Mark-up Interest Earned 13,004 4,814 1,037 59% 9% Mark-up Interest Expensed 3,908 1,916 73 96% 2% Net mark-up / interest income 9,096 2,899 964 47% 12% Non mark-up / interest income 1,706 (204) 450 (11%) 36% To
Slide 8: Non Interest Income - Consolidated
Non Interest Income - Consolidated O (U) PKR O (U) % PKR mm 1Q09 1Q08 4Q08 1Q08 4Q08 Fee, commission and brokerage income 824 71 112 9% 16% Income earned as trustee to various funds 4 (1) (1) (23%) (23%) Dividend income 68 (19) 19 (22)% 38% Income from dealing in foreign currencies 432 285 240 194%
Slide 9: Deposit Base
Deposit Base % Total O (U) PKR O (U) % PKR Bn 1Q09 1Q09 4Q08 1Q08 4Q08 1Q08 4Q08 Fixed deposits 57 17% 19% 28 -5 99% (8)% Savings 166 49% 47% -4 10 (2)% 7% Current 115 34% 34% 12 3 12% 2% Total deposits 338 100% 100% 37 8 12% 2% CASA deposits 282 83% 81% 8 13 3% 5% Deposits increased by PKR 8bn du
Slide 10: Loan Portfolio - Consolidated
Loan Portfolio- Consolidated O (U) PKR O (U) % PKR bn 1Q09 1Q08 4Q08 1Q08 4Q08 Corporate 146 32 (3) 28% -2% Commercial 61 (21) (19) -26% -24% Consumer 31 (1) 1 -3% 4% Islamic 5 (1) 0 -9% 9% Other 14 7 4 97% 38% Gross advances 257 16 (17) 6% -6% ADR (gross) % 76% 80% 83% ADR (net) % 72% 76% 79% Tot
Slide 11: Asset Quality - Consolidated
Asset Quality- Consolidated O (U) PKR O (U) % PKR mm 1Q09 1Q08 4Q08 1Q08 4Q08 1Q08 4Q08 Gross loans 256,663 241,012 273,221 15,651 (16,558) 6% -6% NPL 19,491 11,656 18,269 7,835 1,222 67% 7% Total provision 12,517 11,177 10,712 1,340 1,805 12% 17% Specific provision: NPLs 0.60 0.68 0.54 (0.08) 0.06
Slide 12: Consolidated Balance Sheet
Consolidated Balance Sheet O (U) PKR O (U) % PKR Bn 1Q09 1Q08 4Q08 1Q08 4Q08 Assets Cash and balances with treasury • Industry gross advances banks 36.7 -1.2 -2.9 -3% -7% increased by 9% YoY* Balances with other banks 2.4 0.8 -1.7 51% -40% • Total banking sector Lendings to financial institutions 11
Slide 13: Thank you & Question & Answer Session
Thank you & Question & Answer Session HK000LN4_SCN_0906