Banca Ifis S.p.a. · MIL:IF
Banca Ifis — Q1 2016 Earnings Presentation
11 slides from Banca Ifis's earnings presentation, 2016
Slide 1: Banca IFIS First Quarter Results 2016
BANCA IFIS FIRST QUARTER RESULTS 2016 10 2016 Banca IFIS Group ~ CONSOLIDATED ADE FINANCIAL RECEIVAB STATEMENT ~ TAX RECEIVABLES MANAGEMENT « AND BOD Approving date www bancaifis com
Slide 2: Highlights
HIGHLIGHTS (Million Euro) Net profit 22,0 (26,2 at 31/03/2015) -16,0% Equity 550,2 (573,5 at 31/12/2015) -4,0% Funding 3.905,1 (6.150,5 at 31/12/2015) -36,5% Loans 3.307,8 (3.437,1 at 31/12/2015) -3,8% GROUP KPIs 2016 2015 at 31/03/2016 Credit quality cost 87 b.p. 145 b.p. Book value/share € 10,37 1
Slide 3: Net Banking Income (NBI)
NET BANKING INCOME (NBI) (Million Euro) Trade receivables sector Clients 4.586 +6,4% vs March 2015 Turnover 2,4 bln +10,0% 79,4 (72,6 at 1st quarter 2015) Trade receivables KPIs 2016 2015 +9,3% % change 1Q 2016/2015 NBI/ Turnover 1,8% 1,8% Breakdown 1Q Trade Tax NBI 1Q 2016 data DRL G&S 7% receiv. r
Slide 4: Net Result of Financial Operations
NET RESULT OF FINANCIAL OPERATIONS (Million Euro) 1Q 2016 Total Net provisions Equal to 11,0 vs 7,5 mln in first three months 2016 vs 2015 68,3 (65,1 at 1st quarter 2015) Net provisions trade receiv. Equal to 5,3 vs 5,5 mln in the first three months 2016 vs 2015 +5,0% % change 1Q 2016/2015 Group KPI
Slide 5: Net Profit
NET PROFIT (Million Euro) 22,0 (26,2 at 1st quarter 2015) Group KPIs 2016 2015 -16,0% % change 2016/2015 1Q data Credit quality cost 87 bp 145 bp 79,4 11,0 Tax rate 32,4% 33,7% 35,8 10,5 22,0 NBI Provisions Operating costs Taxes Net profit 5
Slide 6: Balance Sheet – Asset Structure
BALANCE SHEET – ASSET STRUCTURE (Million Euro) % change 31.03.2016 vs 31.12.2015 Loans to customers of which: 2.763,2 trade receiv. Total assets 3.307,8 -3,8% 387,9 DRL 115,4 tax receiv. 41,3 g&s 4.662,2 Other Financial Assets (AFS) 1.066,4 -66,9% Portfolio of Italian bonds 1.064,7 2,5% 3,7% 22,9% 7
Slide 7: Credit Quality
CREDIT QUALITY (Million Euro) % change 31.03.2016 vs 31.12.2015 Loans to customers : 2.763,2 -3,0% Net figures NPL Coverage ratio 100 90 88,0% 80 at March 2016 70 2015 vs 60 2016 50 2015 2016 87,9% 2016 at December 2015 40 2015 30 2015 2016 20 10 0 Bad Loans Unlikely to pay Past-due exposures % Net
Slide 8: Balance Sheet – Liabilities Structure
BALANCE SHEET – LIABILITIES STRUCTURE (Million Euro) % change 31.03.2016 vs 31.12.2015 rendimax and contomax Total funds 3.355,7 +7,8% and deposits Wholesale funding 3.905,1 -36,5% 182,6 due from banks -72,5% Wholesale funding 250,0 PCT -89,0% 8
Slide 9: Debt Securities Portfolio at 31.03.2016
DEBT SECURITIES PORTFOLIO AT 31.03.2016 (Million Euro) Accounting at Fair Value from January from January By to to Total December 2016 December 2017 December 2020 Total 741,2 270,1 53,3 1.064,7 % on total 69,6% 25,4% 5,0% 100% 9
Slide 10: Banca IFIS Group: Equity Breakdown
BANCA IFIS GROUP: EQUITY BREAKDOWN (Million Euro) EQUITY: CHANGES Net equity at 31.12.2015 573,5 Increases 22,2 Profit for the period 22,0 Sell of treasury shares 0,2 Decreases (45,5) Dividends (40,3) Change of AFS reserve (5,2) Net equity at 31.03.2016 550,2 Group KPIs 2016 2015 31 March 31 Decembe
Slide 11: Forward-looking statements disclaimer
This Presentation may contain written and oral “forward-looking statements”, which includes all statements that do not relate solely to historical or current facts and which are therefore inherently uncertain. All forward-looking statements rely on a number of assumptions, expectations, projections