Mcb Bank Limited · PSX:MCB
Mcb Bank — H1 2024 Earnings Presentation
13 slides from Mcb Bank's earnings presentation, Jun 30, 2024
Slide 1: MCB Bank Limited Financial Performance Half Year Ended June 30th, 2024
MCB Bank Limited Financial Performance Half Year Ended June 30th, 2024 Presented by: Hammad Khalid Chief Financial Officer
Slide 2: MCB - At a Glance
MCB - At a Glance Branches Global Presence Customers ADCs 7 International Over 8.9 million 1483 ATMs Domestic : 1428 EPZ : 01 branches in customer 3 Countries accounts Over 1.3 Million MCB Live users Deposits Advances Home Remittance Trade Market Share Market Share Market Share Market Share 5.84 % o
Slide 3: Highlights for the Half Year ended June 30, 2024
Highlights for the Half Year ended June 30, 2024 Macroeconomic outlook; ➢ Signs of improvement after successful completion of the IMF's Stand-By Arrangement (SBA) program with 16% increase in PBT inflation easing down to lowest level in past 30 months; ➢ Coalition Government has approved a tight bud
Slide 4: Sound Balance Sheet Footing
Sound Balance Sheet Footing PKR in Billions Advances Portfolio: • Gross advances of the Bank increased by Rs. 37.03 billion (+6%); Jun 2024 Dec 2023 Var. % var. • Corporate lending book increased by Rs. 31.2 billion (+7%) whereas the Retail loan portfolio increased by Rs. 10.9 billion (+15%); ASSETS
Slide 5: Advances & NPLs
Advances & NPLs PKR in Billions Segmentwise Advances Gross Advances (CAGR 3.46%) PKR in Billions Jun 2024 Dec 2023 Var. % var. 798 636 622 659 Advances (gross) 659.46 622.42 37.03 6% 540 514 Retail 84.82 73.86 10.96 15% Corporate 469.25 438.01 31.24 7% Dec-19 Dec-20 Dec-21 Dec-22 Dec-23 Jun-24 Consu
Slide 6: Diversified Investment Portfolio
Diversified Investment Portfolio Composition of Investments PKR in Billions Jun 2024 Dec 2023 Jun 2024 Dec 2023 Var. % var. T-Bills 23% 28% PIBs 68% 63% Equity securities 4% 4% Treasury Bills 345.13 354.83 (9.70) -3% Other Government Securities 5% 5% Pakistan Investment Bonds - Fixed 247.31 213.41 3
Slide 7: Solid Growth in CASA: improved CASA base to 97.05%
Solid Growth in CASA : improved CASA base to 97.05% Total Deposits (CAGR : 12.39%) PKR in Billions Total Deposits Current Deposits Saving Deposits PKR 1.99 trillion PKR 981 billion PKR 954 billion 1,290 1,412 1,379 1,805 1,994 1,145 Dec-19 Dec-20 Dec-21 Dec-22 Dec-23 Jun-24 Current Deposits (CAGR :
Slide 8: Impressive YoY increase in PBT i.e. 16%
Impressive YoY increase in PBT i.e. 16% Optimizing Earning Assets Mix and Exceptional performance PKR in Billions Jun 2024 Jun 2023 Var. % var. in Core Earnings: • Through focused efforts in maintaining no-cost deposits base and optimizing earning assets mix, net interest income is increased by 12%;
Slide 9: Strong Capital Position & Ratios
Strong Capital Position & Ratios Buffer of 918bps on top of regulatory CAR Risk Weighted Assets Tier I Tier II RWA Jun-24 : PKR 1,173 billion CAR Jun-24 17.09% 3.59% 20.68% ORWA, 235 CAR MRWA, 170 17.21% 3.18% Dec-23 20.39% CRWA, 768 • Bank’s total Capital Adequacy Ratio (CAR) is 20.68% against the
Slide 10: MCB Islamic Bank - Snapshot
MCB Islamic Bank - Snapshot MCB is the only conventional bank operating a wholly owned Islamic Subsidiary – MCB Islamic Bank Islamic Business - SoFP Key Indicators MCB Islamic – Deposits & Advances PKR in Billions 252 PKR in Billions 204 Jun 2024 Dec 2023 Var. % var. 154 Deposits 252.03 204.46 47.57
Slide 11: Awards & Accolades
Awards & Accolades Asiamoney Awards Best Corporate Bank in Pakistan 2022 Best Corporate Report Overall Most outstanding Company in Pakistan 2020 Most outstanding Company in Pakistan 2020, 2019 Financial Sector “‘Runner-up” Best Corporate Report Award 2022 – Banking Sector Best Domestic Bank in Pakis
Slide 12: Thank you!
Thank you! www.mcb.com.pk +92 42 36041998-9 investor.relations@mcb.com.pk
Slide 13: Questions & Answers
Questions & Answers Q & A