Far Eastern International Bank · TWSE:2845
Far Eastern International Bank — Q3 2021 Earnings Presentation
21 slides from Far Eastern International Bank's earnings presentation, Nov 12, 2021
Slide 1: Investor Conference 3Q'2021
Investor Conference 3Q’2021 11/12’2021
Slide 2: Far Eastern Group
Far Eastern Group Established in 1937 Span over 10 major industries 9 public listed companies in Taiwan and HK Total Asset of NT$2,848 Bn (YE2020) Petrochemical & energy Polyester & synthetic fiber Cement & building material Retail & department store Financial services – 11 companies in oper
Slide 3: Contents
Contents 案例二 Financial Highlights Key Strategies 3
Slide 4: Assets & Net worth
Assets & Net worth Assets Net Worth (NT$Bn) (NT$Bn) YoY YoY YoY YoY +3.8% +5.4% +3.1% +1.9% 680 704 655 668 49 36 34 47 49 48 0 36 40 34 53 1 1 36 45 0 13 13 13 13 198 221 189 190 34 35 35 36 385 383 400 427 +7% 2019 2020 3Q'20 3Q'21 2019 2020 3Q'20 3Q'21 Loan Investment Cash & Deposit A
Slide 5: Loans & Deposit
Loans & Deposit Gross Loan Deposit (NT$Bn) (NT$Bn) YoY YoY YoY YoY -0.3% +6.6% +8.3% +6.5% 582 594 433 558 390 406 537 46 51 +13% 389 45 93 64 71 75 92 74 99 32 102 144 138 +4% 314 128 129 321 329 312 55 -7% 59 59 50 45 27 37 38 80 97 +21% 136 128 154 +21% 77 70 122 2019 2020 3Q’20 3Q'2020 3Q’21
Slide 6: Asset Quality
Asset Quality NPL Ratio 0.51% 0.40% Write-off: PAJUN Aviation Leasing 0.29% Pharmally International 0.28% 0.22% 0.24% 0.22% 0.20% YE'19 Aug'20 * YE'20 Aug'21 * NPL Coverage Ratio Loan Coverage Ratio 649% 621% 678% 1.46% 565% 1.42% 1.43% 513% 467% 1.40% 1.35% 1.38% 1.37% 360% 286% 1.34% YE'
Slide 7: Liquidity
Liquidity Demand Deposit ratio 38.68% 36.58% Gross loan-to-deposit ratio 36.16% 29.51% 72.99% 72.62% 72.87% 72.38% 71.95% 69.92% 70.02% 2019 3Q'20 2020 3Q'21 Liquidity coverage ratio 66.81% 142.42% 124.91% 124.71% 125.50% 2019 3Q'20 2020 3Q'21 FEIB Industry 2019 3Q'20 2020 3Q'21 Source: Co
Slide 8: Profitability
Profitability Revenue Operating Expense as % of Revenue (NT$Bn) YoY 61.2% -4.3% YoY 59.9% 59.3% 58.9% 11.7 11.2 -1.7% 0.3 0.4 2.5 1.3 8.5 8.4 0.2 0.3 1.2 0.9 3.5 2019 Y-T-Sep‘20 3Q'20 2020 3Q'21 Y-T-Sep‘21 3.5 2.3 2.7 IBT (NT$Bn) YoY YoY 5.5 6.0 +11% 4.5 5.0 4.3 -28.4% -5.2% 2.9 2.6 2.5 2019 2
Slide 9: Interest Margin
Interest Margin NIM Gross Loan Rate & Avg. Loan Balance 2.39% 2.20% 2.04% 1.12% 1.79% (NT$Bn) 1.03% 1.01% 0.99% 389 400 399 410 2019 3Q'20 2020 3Q'21 2019 3Q'20 2020 3Q'21 Loan-to-Deposit Spread Deposit Rate & Avg. Deposit Balance 0.98% 1.49% 0.71% 0.65% 1.41% 0.42% 1.39% 1.37% (NT$Bn) 519 5
Slide 10: Net Profitability
Net Profitability EPS ROA (after tax) 0.57% 0.47%* 0.43%* 0.38% 1.05 0.73 0.66 0.63 2019 3Q'20 2020 3Q'21 ROE (after tax) 7.89% 2019 3Q'20 2020 3Q'21 6.49%* Y-T-Sep‘20 Y-T-Sep‘21 6.03%* 5.25% 2019 3Q'20 2020 3Q'21 *annualized 10 Source: Consolidated statement / FEIB website
Slide 11: BIS
BIS Net Worth & Risk Asset +8.1% (NT$Bn) CET1 (unconsolidated) 432 441 416 408 48 49 49 11.03% 47 2019 3Q'20 2020 3Q'21 Net Worth Risk Asset 10.53% 10.47% 10.34% BIS (unconsolidated) 14.10% 13.54% 13.60% 13.07% 2019 3Q'20 2020 3Q'21 10.99% 10.78% 11.49% 10.89% 2019 3Q'20 2020 3Q'21 11 Sour
Slide 12: Rating Update
Rating Update FEIB’s ratings (10/26’21): Taiwan Sovereign Rating Upgraded from Viability Rating bbb Foreign LT IDR: AA- AA Foreign LT IDR BBB Foreign ST IDR F3 FEIB’s credit strength National LT Rating A+(twn) Moderate risk appetite National ST Rating F1(twn) Adequate loss-absorption
Slide 13: Contents: Key Strategies
Contents 案例二 Financial Highlights Key Strategies 13
Slide 14: Digital Acceleration
Digital Acceleration Process Automation Digital Branding BaaS / BaaP Off - counter rate Acquisition rate APP % Bankee Customers #: 110,000 + 95 % 54 % 30 % Deposit : NT$ 6 Bn.+ 14
Slide 15: Retail Banking High Margin Business
Retail Banking Integration: One Team for One High Margin Trust 2.0 Business Revolving mortgage Elderly Trust PI, high spending, Employee Trust HNW customers Investment & Lending Fee income vs NII: 0.4:1 0.6:1 15
Slide 16: Corporate Banking
Corporate Banking Picking up offshore lending Singapore rep. office -10/15’21 Cross-border syndication lead Corporate lending geo profile Fee Income (NT$MM) (%) (%) 10 9 14 16 116 9’20 9’21 65 76 75 1H'21 2H'21 (F) Types: M&A, Share purchase Taiwan Offshore China 16
Slide 17: ESG Strategies
ESG Strategies Social FEIB 2022 Calendar: Taiwan Art Museums Environmental 2021 Taiwan i sports Corp. (MOE award) ESG credit system Hybrid work model ISO 50001 Energy Management Systems YoY -5.37% - electricity consumption (3Q’21) Governance Sustainability Committee BSI 2021 Sustaina
Slide 18: Appendix
Contents GS BNMnR Eat Appendix
Slide 19: Key Financials
Key Financials (NT$ m, except percentages and per share data) As of or for 12 months ended (Consolidated) December 31 2019 2020 3Q'2020 3Q'2021 YoY Key balance sheet items Gross loans 390,200 388,857 406,129 433,101 6.6% Total assets 654,888 680,291 668,201 704,149 5.4% Deposits and remittances 537,
Slide 20: Thank You
pF oe a oe ae aw op Far Eastem Int'l Bank THANK YOU
Slide 21: Disclaimer
Disclaimer This presentation has been prepared by Far Eastern International Bank (the “Company”). This presentation and the materials provided herewith do not constitute an offer to sell or issue or the solicitation of an offer to buy or acquire securities of the Company in any jurisdiction or an in
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