Commonwealth Bank of Australia · ASX:CBA
Commonwealth Bank of Australia — FY2017 Earnings Presentation
15 slides from Commonwealth Bank of Australia's earnings presentation, Aug 9, 2017
Slide 1: Media Presentation
Media Presentation For the full year ended 30 June 2017 Ian Narev, Chief Executive Officer Commonwealth Bank of Australia | ACN 123 123 124 | 9 August 2017
Slide 2: This result
This result Jun 17 vs Jun 16 Statutory Profit ($m) 9,928 7.6% Cash NPAT ($m) 9,881 4.6% Cash Earnings per Share ($) 5.74 3.5% Dividend per Share ($) 4.29 2.1% ROE – Cash 16.0% (from 16.5%) 2
Slide 3: Managing for today's environment
Managing for today’s environment Positive Jaws Strength Returns FY17 vs FY16 International +9 cents Underlying1 15.6% 16.0% 429 4.8% 129% 67% 3.8% 10.1% APRA 2.4% Income Expense Operating Deposit LCR CET1 ROE Dividend Perform. funding (cash) (cents) 1. In order to present an underlying view of the r
Slide 4: Australia's largest
Delivering for all our stakeholders 16.6 ~800,000 million customers Our Our shareholders Customers Shareholders Our Our $3.9bn Community People 51,800 in taxes Australia’s largest people in 11 taxpayer countries 4
Slide 5: Delivering for our customers
Delivering for our customers Satisfied Customers Dissatisfied Customers Retail MFI1 Retail MFI1 Excludes neutral responses 82.7% 9.8% Excludes neutral responses Customer Satisfaction Rank Retail #1 3.8% Business = #1 Wealth #1 Internet #1 70.5% International #1 Jun 07 Jun 09 Jun 11 Jun 13 Jun 15 Jun
Slide 6: Delivering for our customers
Delivering for our customers 1 FY17 NT $652m QLD $197bn in total new lending 1.6k $21bn $605k 53k 37k 330,000 new home loans WA 13k $850m $15bn 914k 9k $6bn in new loans to rural customers 36k SA 420k $832m 337k 217k $6bn 513k 15k 100k Insured more than 6m customers $526m NSW 3 245k 83k 1.6m $53bn 8
Slide 7: Delivering for our customers – One CommBank
Delivering for our customers – One CommBank Smarter Proprietary % of Total Flows 62,000 customer insights each week analytics Home lending (RBS) More 62% 43,000 video-conferencing referrals in FY17 leads More 57% 93 new branch lenders in FY17 lenders 54% Insurance 8% growth in home & contents insura
Slide 8: Delivering for our customers - Financial Wellbeing
Delivering for our customers - Financial Wellbeing Spend Tracker Savings Jar CommSec $10 Trade Developed in the CommBank lab – with the help of our customers Tracking everyday Watch your small change Making share investing expenses to make add up to bigger savings accessible and affordable budgeting
Slide 9: Delivering for our shareholders
Delivering for our shareholders CBA Market Capitalisation Australian Overseas owned investors ~80% 20% Australians investing in funds Super funds 80% for millions of Australians ~800,000 retail investors Jun 07 Jun 09 Jun 11 Jun 13 Jun 15 Jun 17 All figures are approximates 9
Slide 10: Delivering for our shareholders
Delivering for our shareholders Our Owners Total Return (10yrs) 1 +165% $124,500 Average shareholding $54,000 850 shares 75% of profit returned to shareholders $23,500 $47,000 ~800,000 retail investors Millions more via super funds Jun 07 Share Price Dividend Jun 17 Increase Reinvestment All figures
Slide 11: Delivering for our shareholders - Return on Equity
Delivering for our shareholders - Return on Equity 16.0% 21.7 20.4 FY17 19.5 18.7 18.4 18.2 18.7 18.2 16.5 16.0 16.1 15.8 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 1H17 2H17 11
Slide 12: Delivering for our community – strength for all stakeholders
Delivering for our community – strength for all stakeholders Australia’s largest taxpayer A responsible corporate citizen $3.9bn in taxes1 in FY17 $272m invested in the community FY17 Equivalent to 260 schools; 6 hospitals Almost 575,000 students in Start Smart Banking levy a further impost Employer
Slide 13: Delivering for our community - strength
Delivering for our community - strength CET1 Jun 07 Jun 17 389% Deposit funding 54% 67% Long term funding % 49% 60% Assets WAM – new issuance 1 3.4 yrs 5.2 yrs 122% 2 Liquid assets $15bn $142bn CET1 (APRA) 4.5% 10.1% 2007 2009 2011 2013 2015 2017 1. Weighted Average Maturity of wholesale funding - i
Slide 14: Outlook
Outlook • Economic indicators generally positive • Ongoing concerns about job security, wage growth and cost of living • Need continuing broad productive business investment – next wave post mining and construction investment • For CBA, on-going focus on strength, customer engagement and technology,
Slide 15: Customer metrics
Customer metrics 1 Roy Morgan Research Retail Main Financial Institution (MFI) Customer Satisfaction. Australian population 14+, % “Very Satisfied” or “Fairly Satisfied” with relationship with that MFI. 6 month rolling average to June 2017. Peers includes ANZ, NAB and Westpac. CBA excludes Bankwest.
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