Tisco Financial Group Public Co. Ltd. · SET:TISCO
Tisco Financial Group Public — Q3 2013 Earnings Presentation
19 slides from Tisco Financial Group Public's earnings presentation, Oct 16, 2013
Slide 1: TISCO Financial Group Analyst Presentation 3Q/2013
TISCO Financial Group Public Co., Ltd. Analyst Presentation 3Q/2013 October 16, 2013 1
Slide 2: Consolidated Income Statements
Consolidated Income Statements Unit: Million Baht 3Q12 2Q13 3Q13 %QoQ %YoY 9M12 9M13 %YoY Interest income 3,940 4,766 4,944 3.7 25.5 10,970 14,177 29.2 Interest expense (2,117) (2,537) (2,627) 3.5 24.1 (5,853) (7,528) 28.6 Net interest income 1,823 2,229 2,317 3.9 27.1 5,117 6,649 29.9 Fee and servi
Slide 3: Assets and Liabilities
Assets and Liabilities Assets Liabilities Unit: Million Baht 4.5% QoQ Unit: Million Baht 4.4% QoQ 16.5% YTD 16.4% YTD 316,756 338,391 299,484 303,523 Other Li a bi l i ti es 319,015 323,969 272,117 290,497 Other assets Debentures Interbank & MM 89% Interba nk & MM 87% 84% 88% 88% 87% 85% 84% Investm
Slide 4: Loan Portfolio
Loan Portfolio Total Loan Portfolio Unit: Million Baht 1.5% QoQ 14.7% YTD 280,558 284,855 266,785 248,316 11% 11% 11% Other Loa ns 10% 17% 17% 16% 17% SME Loa ns 71% 70% 71% Corporate Loa ns 71% Retai l Loa ns 2012 1Q13 2Q13 3Q13 Retail Loans SME Loans Corporate Loans Unit: Million Baht 2.7% QoQ Uni
Slide 5: Retail Loan Portfolio
Retail Loan Portfolio Retail Loan Breakdown 5
Slide 6: Industry Car Sales and Penetration Rate
Industry Car Sales and Penetration Rate Industry New Car Sales TISCO Auto HP Penetration Rate No. of New Car Sales ('000 Units) Penetration Rate (%) 1,436 11.2% 11.0% 8.9% 8.6% 9.1% 8.4% 8.1% 7.8% 8.6% 8.6% 800 794 394 436 413 327 328 279 199 2010 2011 2012 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 Jul- Aug13 6
Slide 7: Loan Spread and Net Interest Margin
Loan Spread and Net Interest Margin Yield on Loans and Cost of Funds Remark: Cost of funds include contributions to FIDF and DPA Loan Spread and Net Interest Margin 7
Slide 8: Asset Quality
Asset Quality NPL and NPL Ratio Unit: Million Baht Total NPL % NPL 1.8% 1.4% 1.2% 1.4% 1.3% 1.2% 1.3% 1.5% 1.5% 1.2% 4,069 4,197 3,404 3,099 3,099 2,654 2,612 2,820 2,761 2,712 2010 2011 2012 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 2012 2Q13 3Q13 NPL by Loan Type (Million Baht) (%) (Million Baht) (%) (Mi
Slide 9: Provisions
Provisions Provision Expense and Credit Cost Unit: Million Baht Provi s i on expens e (Mi l l i on Ba ht) % Credi t cos t 1.5% 1.5% 1.2% 1.2% 1.1% 0.8% 0.9% 0.5% 1.0% 0.9% 1,947 1,922 1,283 940 810 778 591 532 539 260 2010 2011 2012 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 Minimum Required Provision vs Ac
Slide 10: Deposits
Deposits Total Deposits & Bill of Exchanges Unit: Million Baht 6.5% QoQ 281,707 17.6% YTD 262,587 264,578 4% 239,458 5% 4% 5% LT Bill of Exchanges 5% 6% ST Debentures 84% 80% 79% ST Bill of Exchanges 79% Fixed Deposits CASA 13% 11% 10% 12% 2012 1Q13 2Q13 3Q13 Unit: Million Baht 2012 2Q13 3Q13 %QoQ %
Slide 11: Non-Interest Income
Non-Interest Income Non-Interest Income from Core Businesses Non-Interest Income Breakdown Unit: Million Baht 4,280 38.0% YoY 2.2% QoQ 25.8% YoY 3,101 1,315 1,343 1,068 9M12 9M13 3Q12 2Q13 3Q13 Unit: Million Baht 3Q12 2Q13 3Q13 %QoQ %YoY 9M12 9M13 %YoY Banking fee* 694 802 900 12.2 29.7 2,028 2,731
Slide 12: Asset Management Business
Asset Management Business TISCO Asset under Management Unit: Million Baht 1.9% QoQ 2.7% YTD Rank #9 152,724 156,923 154,031 156,912 22% 22% 22% 21% Private Fund 16% 17% 15% 15% Mutual Fund 62% 61% 64% 64% Provident Fund 2012 1Q13 2Q13 3Q13 Provident Fund Private Fund Mutual Fund Unit: Million Baht 2
Slide 13: Brokerage Business
Brokerage Business TISCO Trading Volume and Market Share TISCO Volume (Million Baht) Market share (%) 408,339 3.8% 333,211 321,303 3.2% 3.1% 3.0% 3.1% 3.1% 2.9% 2.7% 2.6% 2.6% 3.1%* 205,877 182,798 144,445 139,846 82,899 82,653 98,342 2010 2011 2012 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 Remark: * Marke
Slide 14: Operating Expenses
Operating Expenses Cost to Income Ratio Cost to Total Assets Ratio Cos t-to-i ncome Cos t-to-i ncome net * Cost to total assets Cost to total assets - net * 48.6% 50.0% 42.4%41.9% 41.8% 41.1% 41.1% 37.9% 37.6% 38.5% 2.6% 2.3% 2.0% 2.0% 1.8% 1.9% 1.8% 1.7% 1.7% 1.7% 9M12 9M13 3Q12 2Q13 3Q13 9M12 9M13
Slide 15: Capital Adequacy
Capital Adequacy Capital Adequacy Ratio of TISCO Bank 15.2% 14.9% 14.6% 14.3% 13.3% 13.6% 13.3% 12.9% 13.3% 13.9% 11.3% 9.9% 9.5% 9.0% 9.6% 9.4% 9.0% 9.0% 9.0% 8.3% 24,712 25,636 Capital Base (MB) 22,006 22,006 22,819 19,937 20,897 18,493 18,984 BIS Ratio (%) 16,227 Tier I (%) 2010 2011 2012 1Q12 2Q
Slide 16: Employee and Branch Network
Employee and Branch Network Total Branch Network No. of Employee 117 4,108 4,039 102 3,824 3,679 91 3,335 87 3,055 57 48 2010 2011 2012 1Q13 2Q13 3Q13 2010 2011 2012 1Q13 2Q13 3Q13 16
Slide 17: 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 18: 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 18
Slide 19: Wealth of Possibilities
‘ TiS( Wealth of Possibilities
TISCO Financial Group Public — Q3 2013 Earnings Presentation on 6ix