Gfh Bank B.s.c. · BAHRAIN:GFH
Gfh Bank B.s.c — GFH Financial Group — Q1 2021 Earnings Presentation
8 slides from Gfh Bank B.s.c's earnings presentation, May 20, 2021
Slide 1: GFH Financial Group Q1 2021 Earnings Presentation
GFH Financial Group Q1 2021 Earnings Presentation 20 May 2021
Slide 2: Importance Notice and Forward-Looking Statements
Importance Notice and Forward-Looking Statements Important notice The information set out in this presentation and subsequent webcast does not constitute a public offer for the purposes of any applicable law or an offer to sell or solicitation of any offer to purchase any securities or other financi
Slide 3: Key highlights
Key highlights Net profit by segment Revenue 14.5 90.4 Investment banking 17.6 30.1% 69.5 15.0 Commercial banking 17.2 10.3 Proprietary 13.5 26.3 Treasury & other 37.5 3.4 Q1 2020 Q1 2021 Real Estate 4.6 Shareholders profit (26.7) Opex (32.3) 16.1 (32.3) Finance costs (33.7) 217% (3.6) Impairments (
Slide 4: Financial summary
Financial summary Q1 2021 Q1 2020 • Q1 2021 - Net profit attributable to shareholders of USD Net Profit margin 17.8% 7.3% 16.1m compared with USD 5.1m for Q1 2020 EBITDA margin 55.1% 53.8% • Q1 2021 - Consolidated net profit of USD 19.3m EPS (USD cents) 0.53 0.15 compared to USD 6.8m in Q1 2020 Cost
Slide 5: Financial summary
Financial summary • Equity attributable to shareholders was at similar levels of Mar 2021 Dec 2020 USD 0.92 billion as at year-end 2020. Book value per share (AED) 0.91 0.91 • Assets of the Group increased to USD 7.0 billion at 31 Cost of money market funds 5.0% 5.0% March 2021 compared to USD 6.6 b
Slide 6: Thank you Q & A
Thank you Q&A 6 Earnings Presentation – Q1 2021
Slide 7: Income statement
Income statement US$000s Reviewed Unreviewed Q1 2021 Q1 2020 Investment banking income Asset management 805 838 Deal related income 16,785 13,613 17,590 14,451 Commercial Banking Income 17,173 15,005 Income from proprietary and co-investments 13,542 10,331 Real Estate Income Development and sale 3,4
Slide 8: Balance Sheet
Balance Sheet US$000s Reviewed Audited Mar-21 Dec-20 ASSETS Cash and bank balances 805,917 536,502 Treasury portfolio 2,021,232 1,878,546 Financing assets 1,259,791 1,267,266 Real estate investment 1,820,683 1,812,315 Proprietary investment 174,474 216,108 Co-Investments 120,449 126,319 Receivables