Bank Of Bahrain And Kuwait B.s.c. · BAHRAIN:BBK
Bank Of Bahrain And Kuwait B.s.c — Q1 2022 Earnings Presentation
13 slides from Bank Of Bahrain And Kuwait B.s.c's earnings presentation, May 23, 2022
Slide 1: Investors' Conference Call (Q1-2022)
BBK Investors’ Conference Call - (Q1-2022) 23 May 2022 BBK I N V E S T O R S ’ C O N F E R E N C E C A L L - ( Q 1 - 2 0 2 2 ) 1
Slide 2: Major Developments
Major Developments BBK I N V E S T O R S ’ C O N F E R E N C E C A L L - ( Q 1 - 2 0 2 2 ) 2
Slide 3: Major Corporate Events
Major Corporate Events The year 2022 marks the first year of the new strategy cycle (2022-2024). BBK celebrates the golden jubilee – 50 years of leadership and innovation. Closed a US$ 50 million 2-year bilateral loan facility. Moody’s affirmed the ratings of BBK at B2 and changed the outloo
Slide 4: ESG Developments Timeline
ESG Developments Timeline ESG Framework In 2022 Framework and KPIs were set Working on Reported the was approved by Sustainability statements to achieve ESG achieving the 2021 goals and the Board in statements published to the goals approved KPIs KPIs in the 2021 were developed public and targets 20
Slide 5: Key Governance and Investors Relations Developments
Key Governance and Investors Relations Developments The Board adopted the new Sustainability framework and a Management Committee and sub- committees were formed to develop/review the relevant statements and KPIs. The NRG Committee was delegated to follow up on the issues. Three layers of compli
Slide 6: Financial Highlights
Financial Highlights BBK I N V E S T O R S ’ C O N F E R E N C E C A L L - ( Q 1 - 2 0 2 2 ) 6
Slide 7: Financial Performance – (Q1-2022)
Financial Performance – (Q1-2022) 2.9% 20.9 20.3 10.0% 5.6% 15.4 15.1 53.4% 14.0 14.3 11.2 7.3 1.0 (0.1) NII Other Income Operating Expenses Net Provisions, taxes & Net Profit NCI BBK I N V E S T O R S ’ C O N F E R E N C E C A L L - ( Q 1 - 2 0 2 2 ) (Q1-2022) (Q1-2021) 7
Slide 8: Financial Performance (Q1-2022)
Financial Performance (Q1-2022) Var % BHD (millions) (Q1-2022) (Q1-2021) Mar-21 Net interest income 20.3 20.9 (2.9) Investment income 4.5 1.8 153.2 FX & Trading income 1.7 1.5 13.6 Fees and sundry income 5.0 4.0 25.8 Total Revenue 31.5 28.2 12.0 Operating expenses 15.4 14.0 (10.0) Net operating inco
Slide 9: Financial Position – 31 Mar 2022
Financial Position – 31 Mar 2022 1.0% 3,708 3,673 0.2% 2,130 1.4% 2,126 1,630 1,607 -0.6% 540 543 Loans and advances Total assets Customer deposits Equity attributable to shareholders BBK I N V E S T O R S ’ C O N F E R E N C E C A L L - ( Q 1 - 2 0 2 2 ) 31-Mar-2022 31-Mar-2021 9
Slide 10: Financial Position – 31 Mar 2022
Financial Position – 31 Mar 2022 Mar-22 Dec-21 Var BHD (mm) Actual Actual (%) Deposits and due from banks 616 622 (1.0) Loans and advances to customers 1,630 1,607 1.4 T.Bills 298 279 6.7 Investment securities 966 986 (2.0) Other assets 198 178 11.3 Total Assets 3,708 3,673 1.0 Deposits and due to b
Slide 11: Key Performance Indicators
Key Performance Indicators Profitability Mar-22 Dec-21 Return on Average Equity % 11.04 10.11 Return on Average Assets % 1.59 1.43 Earning Per share BHD 0.037 0.032 Cost/ Income % 49.28 51.83 Assets Quality Specific Coverage Ratio % 68.98 68.01 ECL Coverage Ratio (ECL/ PL) % 2.00 1.93 Gross NPL/ Gro
Slide 12: Q&A Session
Q&A Session BBK I N V E S T O R S ’ C O N F E R E N C E C A L L - ( Q 1 - 2 0 2 2 ) 12
Slide 13: Thank You
Thank You BBK I N V E S T O R S ’ C O N F E R E N C E C A L L - ( Q 1 - 2 0 2 2 ) 13
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