Tisco Financial Group Public Co. Ltd. · SET:TISCO
Tisco Financial Group Public — Q1 2023 Earnings Presentation
19 slides from Tisco Financial Group Public's earnings presentation, Apr 19, 2023
Slide 1: TISCO Financial Group Analyst Meeting 1Q2023
TISCO Financial Group Public Co., Ltd. Analyst Meeting 1Q2023 April 19, 2023
Slide 2: Consolidated Income Statements
Consolidated Income Statements Unit : Million Baht 1Q22 4Q22 1Q23 % QoQ % YoY Interest Income 3,556 3,977 4,104 3.2 15.4 Interest Expenses (495) (633) (847) 33.9 71.2 Net Interest Income 3,061 3,344 3,257 (2.6) 6.4 Fee & Service Income 1,404 1,464 1,378 (5.9) (1.8) Fee & Service Expenses (129) (113)
Slide 3: Assets and Liabilities
Assets and Liabilities Assets Liabilities Unit: Million Baht Unit: Million Baht +2.9% +2.7% QoQ QoQ Unit : Million Baht 2021 2022 1Q23 % QoQ Unit : Million Baht 2021 2022 1Q23 % QoQ Deposits & Loans 202,950 219,004 220,099 0.5 174,864 198,983 202,609 1.8 Borrowings Allowance (11,740) (11,845) (11,64
Slide 4: Loan Portfolios
Loan Portfolios Total Loans Unit: Million Baht +0.5% Retail Loans +0.3% QoQ QoQ +3.7% Corporate Loans QoQ Loans by sectors SME Loans -9.0% QoQ 4
Slide 5: Retail Loan Portfolio Breakdown
Retail Loan Portfolio Breakdown Unit: Million Baht +0.3% QoQ -1.3% QoQ +4.3% QoQ +3.7% QoQ -2.6% QoQ +0.2% QoQ 5
Slide 6: TISCO Auto Cash
TISCO Auto Cash Auto Cash Loans Unit: Million Baht Auto Cash +4.3% QoQ Somwang +6.4% Loan Generated QoQ through Somwang channel Somwang Loans vs NPLs Somwang Branches Unit: Million Baht 6
Slide 7: Industry Car Sale & Penetration Rate
Industry Car Sale & Penetration Rate Industry New Car Sale TISCO’s Auto HP Penetration Rate TISCO’s Penetration Rate (%) Industry Car Sale (‘000 units) Industry Car Sale -4.7% 2M YoY 7
Slide 8: Interest Income & NIM
Interest Income & NIM Yield on Loans Net Interest Income Unit: Million Baht Loan Spread -2.6% +6.4% QoQ YoY Cost of Funds Loan Spread NIM 8
Slide 9: Asset Quality
Asset Quality Loan Classification Non-Performing Loans Unit: Million Baht Unit: Million Baht NPLs Stage 2 Stage 1 2021 2022 1Q23 NPLs by Loan Types Million Baht % Million Baht % Million Baht % Corporate 19 0.1 - - - - SME 66 0.8 87 0.6 83 0.6 Hire Purchase 2,682 2.4 2,606 2.4 2,572 2.3 Mortgage 1,01
Slide 10: Expected Credit Loss
Expected Credit Loss Expected Credit Loss Unit: Million Baht Allowance for ECL Unit: Million Baht Coverage Ratio Excess Reserve Expected Credit Loss (ECL) 10
Slide 11: Funding
Funding Total Funding Unit: Million Baht +1.8% QoQ Unit : Million Baht 2021 2022 1Q23 % QoQ Current 2,162 1,821 1,639 (10.0) Savings 46,932 42,930 38,178 (11.1) Fixed Deposits 117,448 143,515 156,865 9.3 Short-Term Bill of Exchanges 37 37 36 (2.2) Senior Debentures 8,285 10,680 5,890 (44.9) Total De
Slide 12: Non-Interest Income
Non-Interest Income Non-Interest Income from Core Businesses Non-Interest Income from Core Businesses Breakdown Data as of 3M2023 Unit: Million Baht -8.1% -2.6% QoQ YoY Unit : Million Baht 1Q22 4Q22 1Q23 % QoQ % YoY Ba nki ng Fee 810 959 801 (16.5) (1.1) Bancassurance Fee 604 745 615 (17.4) 1.8 Othe
Slide 13: Asset Management Business
Asset Management Business Assets Under Management Rank #1 Unit: Million Baht -0.9% Provident Fund QoQ -1.2% QoQ Rank #12 Mutual Fund +3.7% QoQ Rank #9 Rank #5 Private Fund -3.4% QoQ *Remark: Market Share and Rankings as of February 2023 13
Slide 14: Brokerage Business
Brokerage Business TISCO Trading Volume & Market Share Unit: Million Baht Trading Volume by Customers 14
Slide 15: Operating Expenses
Operating Expenses Operating Expenses Unit: Million Baht Cost to Income Ratio +2.2% +8.9% QoQ YoY Unit : Million Baht 1Q22 4Q22 1Q23 % QoQ % YoY Employee Expens es 1,510 1,545 1,570 1.6 4.0 Premis es & Equipment Expens es 163 172 188 9.6 15.3 IT Expens es 159 185 187 0.9 17.6 Marketing & Sale Admin
Slide 16: Capital Adequacy
Capital Adequacy Capital Base of TISCO Bank Unit: Million Baht Capital Adequacy Ratio BIS Ratio Tier I Ratio Min. Required by BOT 11.0% BIS Ratio 8.5% Tier I Ratio *Remark: Projected figures 16
Slide 17: Employees and Branch Network
Employees and Branch Network Total Employees Number of Employees Total Branch Network Somwang Loan Offices Bank Branches 17
Slide 18: Investor Relations
Investor Relations TISCO Financial Group Public Company Limited 48/49 TISCO Tower, North Satorn Road, Silom, Bangrak, Bangkok, 10500, Thailand +(66) 2633 6868 +(66) 2633 6855 ir@tisco.co.th www.tisco.co.th Disclaimer This presentation material may contain forward-looking statements. These forward-lo
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