Habib Bank Limited · PSX:HBL
Habib Bank — Q1 2018 Earnings Presentation
9 slides from Habib Bank's earnings presentation, March 2018
Slide 1: Financial Results – March 2018 Investor Presentation
Financial Results – March 2018 Investor Presentation 0
Slide 2: Key Highlights
Key Highlights Consolidated PBT for Q1’18 is Rs 7.4 bn compared to Rs 14.1 bn in Q1’17 • Domestic PBT is Rs 3.6 bn lower YoY at Rs 9.7 Bn, mainly due to ➢ Impact of pensions charge (one-off) – Rs 2.2 bn ➢ Impact of Rupee devaluation on foreign currency borrowings – Rs 1.1 bn Excluding these, normali
Slide 3: Key Highlights
Key Highlights Non markup income is at Rs 5.2 Bn, Rs 3.1 Bn lower than in Q1’17 • Domestic fees up 5% despite a significant drop in home remittances income. Excluding this, domestic fees have grown by 12% led by account operations, cards and consumer financing • FX loss of Rs 0.7 bn in Q1’18 is main
Slide 4: Key Highlights
Key Highlights Total deposits increased by 2% over Dec’17 to Rs 2.0 trillion. • Domestic deposits grew by 3% (Rs 47 bn) and crossed Rs 1.8 trillion, with market share improving to 14.4% in Mar’18 • Domestic CASA deposits grew by Rs 43 bn, with the CASA ratio improving to 86.5% • Average domestic cur
Slide 5: Balance Sheet
Balance Sheet PKR Bln Mar'18 Dec'17 Var% Cash & Bank Balances 298.8 286.8 4% Lending to Financial Institutions 144.1 33.9 325% Investments 1,126.4 1,374.8 -18% Performing Advances 853.2 845.2 1% Non Performing advances - net of provision 7.3 6.3 15% Net Advances 860.5 851.5 1% Others 130.9 137.0 -4%
Slide 6: Net Advances
Net Advances Loan portfolio composition by line of business International Advances – Location wise Others Mauritius International 12.6% 2.1% 13.6% Bangladesh UAE 4.7% 26.4% Others 15.4% Net loans: Net loans: PKR860Bn Corporate Bahrain PKR117Bn 50.1% 13.3% Consumer 5.3% United Kingdom Agriculture Oma
Slide 7: Deposits
Deposits Period End Deposits Average Deposits PKR Bln Mar'18 Dec'17 Var% PKR Bln Q1-18 Q1-17 Var% Current 639.8 627.8 2% Current 590.4 504.3 17% Saving 925.2 894.3 3% Saving 860.3 789.2 9% Term 244.8 240.2 2% Term 213.8 184.9 16% Domestic 1,809.7 1,762.3 3% Domestic 1,664.5 1,478.4 13% FMFB 22.6 20.
Slide 8: Income Statement
Income Statement PKR Bn Q1 2018 Q1 2017 Var% Interest Income 37.0 34.9 6% Interest expensed (17.1) (14.8) -15% Net Interest Income 20.0 20.1 -1% Non Interest Income 5.2 8.3 -38% Gross Revenue 25.1 28.4 -12% Admin Expenses (17.7) (13.8) -29% Operating Expenses (17.9) (14.0) -27% Pre Provision Operati
Slide 9: Key Ratios
Key Ratios Ratios Mar'18 Dec'17 Advances : Deposits 45.7% 46.1% Asset Quality 8.2% 8.2% Coverage 90.5% 91.6% Capital Adequacy - Tier I 12.3% 12.0% Capital Adequacy - Total 16.5% 16.0% Ratios Q1 2018 Q1 2017 Yield on advances 7.9% 7.5% Cost of deposits 2.6% 2.4% Net Interest Margin 3.9% 4.0% Spreads