PT Bank Danamon Indonesia Tbk Class A · IDX:BDMN
PT Bank Danamon Indonesia Tbk Class A — 9M 2017 Earnings Presentation
16 slides from PT Bank Danamon Indonesia Tbk Class A's earnings presentation, Oct 30, 2017
Slide 1: Analyst Briefing - Nine Month 2017 Financial Results
Analyst Briefing Nine Month 2017 Financial Results Jakarta, 30 October 2017
Slide 2: Nine Month 2017 Financial Highlights
Nine Month 2017 Financial Highlights Assets and Liabilities • Excluding Micro loans, total portfolio including Trade Finance1) grew 5% YoY. • Enterprise2), SME, and Consumer Mortgage loan portfolio grew 7%, 10%, and 31% respectively YoY. • ADMF’s 2W and 4W new financing amount improved 7% and 8% YoY
Slide 3: 9M 2017 Balance Sheet Highlights
9M 2017 Balance Sheet Highlights In Rp billion 9M16 9M17 YoY 1Q17 2Q17 3Q17 QoQ Total Assets 174,686 173,674 -1% 171,132 176,136 173,674 -1% Total Loan Portfolio and 124,552 126,883 2% 126,383 128,340 126,883 -1% Trade Finance1) Total Loan Portfolio and 113,109 119,181 5% 116,972 119,783 119,181 -1%
Slide 4: 9M 2017 Income Statement
9M 2017 Income Statement In Rp billion 9M16 9M17 YoY 1Q17 2Q17 3Q17 QoQ Net Interest Income 10,247 10,582 3% 3,550 3,521 3,511 0% Net Interest Income excl. Micro 9,169 9,833 7% 3,263 3,271 3,299 1% Non Interest Income (1) 2,917 2,606 -11% 851 854 901 5% Operating Income 13,164 13,188 0% 4,400 4,376
Slide 5: 9M 2017 Key Financial Ratio
9M 2017 Key Financial Ratio In % 9M16 9M17 YoY 1Q17 2Q17 3Q17 QoQ NIM 8.8 9.3 0.5 9.4 9.2 9.2 0.0 CoC 3.6 2.7 -0.9 2.7 2.8 2.6 -0.2 Risk-adjusted NIM 5.1 6.6 1.5 6.7 6.4 6.6 0.2 Cost to Income 48.6 48.4 -0.2 47.5 48.5 49.3 0.8 CASA Ratio 43.9 47.5 3.6 44.8 44.3 47.5 3.2 Regulatory LFR 91.7 93.8 2.2
Slide 6: Performance in Micro Banking has improved, creating less drag to the Bank
Performance in Micro Banking has improved, creating less drag to the Bank Consolidated Financials – With Consolidated Financials – If SEMM without SEMM* 9M16 9M17 YoY 9M16 9M17 YoY NIM (%) 8.8 9.3 0.5 8.7 9.3 0.6 Cost of Credit (%) 3.6 2.7 -0.9 2.4 2.2 -0.2 Cost-to-Income Ratio (%) 48.6 48.4 -0.2 45
Slide 7: The average daily LFR is in line with management's target range of 92% - 94%
The average daily LFR is in line with management’s target range of 92% - 94% Regulatory LFR* (%) – Liquidity has been stable Consolidated Funding (Rp tn, %) – Increase in CASA ratio 97.6% 98.8% 100.2% 96.6% 96.1% Consolidated LFR LFR Ave Daily 125 126 122 126 121 91.7 91.0 92.8 89.6 93.8 37% 38% 37%
Slide 8: Capital structure remains strong
Capital structure remains strong Capital Adequacy Ratio (%) Market and Operational Risk Charges (%) 23.2 23.2 23.8 22.8 22.3 % 3Q16 4Q16 1Q17 2Q17 3Q17 21.5 20.9 21.8 21.5 22.3 CAR w/ Credit 27.9 26.9 28.1 27.6 28.6 Risk Market Risk 0.2 0.1 0.1 0.1 0.1 Charge Operational 6.2 6.0 6.2 6.0 6.3 Risk Cha
Slide 9: Enterprise, Consumer Mortgage, and SME grew double digit
Enterprise, Consumer Mortgage, and SME grew double digit Composition of Loan Portfolio & Trade Growth of Loan Portfolio & Trade Finance1) Finance1) (Rp tn) 127.3 126.4 128.3 126.9 124.6 Rp bn 9M16 9M17 YoY QoQ Enterprise2) & FI 33,299 35,676 7% -4% 27% 29% 29% 29% 28% ABF 2,792 2,531 -9% -1% 2
Slide 10: ADMF's 2W & 4W new financing amount grew 7% and 8% YoY, respectively
ADMF’s 2W & 4W new financing amount grew 7% and 8% YoY, respectively ADMF units New Financing vs. Industry ADMF New Financing amount (% YoY growth based on cumulative YTD) (% YoY growth) 0% 8% 8% 5% 3% 7% -7% -3% 5% -8% -5% -6% 1% -10% -2% -3% -8% -9% -9% -13% 9M16 FY16 1Q17 1H17 9M17 9M16 FY16 1Q17
Slide 11: Resilient Risk Adjusted NIM despite the shift in portfolio mix
Resilient Risk Adjusted NIM despite the shift in portfolio mix Composition of Loan Portfolio & Trade Finance Risk-Adjusted NIM (Rp tn) (%) 127.3 126.4 128.3 126.9 124.6 9.4 9.4 9.2 9.3 ◄ NIM 8.9 73% 75% 76% 76% 77% 3.3 2.7 2.8 2.7 ◄ CoC 3.8 ◄ Risk- 6.1 6.7 6.4 6.6 adj 5.2 NIM 27% 25% 24% 24% 23% 3Q1
Slide 12: NPL amount declined 6% vs. industry's 3% increase
NPL amount declined 6% vs. industry’s 3% increase 134,135 132,206 Industry’s NPL 130,278 3% YoY increase 135,261 128,135 4,258 BDI’s NPL 3,844 3,871 3,987 3,735 6% YoY decrease NPL amount 23% 22% 24% 24% 27% (Rp bn) and 23% 23% 26% 24% 25% Enterprise & FI Composition 5% 6% 5% 5% 5% SME (% of Total N
Slide 13: BDI's asset quality in most sectors improved
BDI’s asset quality in most sectors improved BDI Loans by Sector (% of total loans) Industry Loans by Sector (% of total loans) 38.9 37.2 Sep-16 Sep 17 Aug-16 Aug17 19.5 18.8 17.8 17.3 16.7 16.0 15.8 16.6 9.1 9.2 6.5 6.6 5.8 5.9 4.8 4.7 4.1 3.8 4.7 5.4 4.9 4.8 4.5 4.3 2.7 2.6 2.22.7 1.3 1.5 Trading
Slide 14: CoC continue to decline, while restructured loan ratio was stable at 2.9%
CoC continue to decline, while restructured loan ratio was stable at 2.9% 3.8% 3.3% 2.7% 2.8% 2.6% CoC as % of 1,153 avg loan 997 Cost of Credit 32% 831 857 821 23% (% of Avg Loans and Rp bn) 32% 33% 35% Non Mass 68% 77% 68% 67% 65% Market Mass Market 3Q16 4Q16 1Q17 2Q17 3Q17 8,000 5.0% 4.5% 2.7% 2.
Slide 15: Credit Related Fee declined due to modest loan growth. Bancassurance grew 13% YoY.
Credit Related Fee declined due to modest loan growth. Bancassurance grew 13% YoY. Fee Income (Rp bn) Non-Credit Related Fee Income (Rp bn) 9M16 9M16 -8% -4% 9M17 9M17 2,852 371 357 2,625 +13% -12% -2% 241 1,801 231 227 214 1,583 +1% 817 824 -7% 234 218 Credit Related Non-Credit Treasury Total Fee B
Slide 16: Thank You
Thank You Investor Relations PT Bank Danamon Indonesia, Tbk Menara Bank Danamon, 16th Floor Jl. H.R. Rasuna Said Kav. C-10 Setiabudi - Kuningan, Jakarta Selatan 12940 Phone: +62 21 8064 5000 Email: investor.relations@danamon.co.id Disclaimer: This report has been prepared by PT Bank Danamon Indonesi
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