Vtb · RUS:VTBR
Vtb — VTB Bank — 9M 2016 Earnings Presentation
17 slides from Vtb's earnings presentation, Nov 14, 2016
Slide 1: VTB Group 9M'2016 Results
VTB Group 9M’2016 Results Herbert Moos CFO and Deputy Chairman of VTB Bank Management Board Dmitry Pyanov Senior Vice President, Head of Finance Department Leonid Vakeyev Head of Investor Relations November 14, 2016 1
Slide 2: Forward-looking statements disclaimer
Some of the information in this presentation may contain projections or other forward-looking statements regarding future events or the future financial performance of PJSC VTB Bank ("VTB") and its subsidiaries (together with VTB, the "Group"). Such forward-looking statements are based on numerous a
Slide 3: VTB Group 9M'2016 Performance Highlights
VTB Group 9M’2016 Performance Highlights Key selected items (in RUB bn) 9M’16 9M’15 Change 3Q’16 3Q’15 Change Net interest income 310.4 196.0 58.4% 103.4 85.9 20.4% Net fee and commission income 55.9 54.0 3.5% 19.3 21.4 -9.8% Operating income before provisions 361.1 293.8 22.9% 124.1 123.0 0.9% Prov
Slide 4: Interest Income and Average Yields
Interest Income and Average Yields Interest income and average yields RUB bn 11.1% 10.8% 11.1% 10.9% 10.8% 10.8% 10.8% Yield on customer 9.9% 9.9% loans 10.0% 9.9% 10.0% 10.0% Yield on total interest 9.8% +3% bearing assets -0% 832.5 809.9 8% Interest income on 8% other interest bearing 275.2 291.0
Slide 5: Interest Expense and Cost of Funds
Interest Expense and Cost of Funds Interest expense and cost of interest bearing liabilities RUB bn 7.9% 7.3% 7.1% 6.7% 6.6% 6.4% 6.6% 6.9% Cost of total interest 6.7% 6.8% 6.3% 6.4% 6.4% bearing liabilities 6.2% -15% Cost of customer deposits (1) -10% 613.9 522.1 46% 30% 189.3 197.9 185.6 Interest
Slide 6: Net Interest Income and NIM
Net Interest Income and NIM (1) Net interest income RUB bn +58% +20% 310.4 196.0 108.7 103.4 93.1 98.3 85.9 3Q'15 4Q'15 1Q'16 2Q'16 3Q'16 9M'15 9M'16 Net interest margin % +70 bps +130 bps 4.0% 3.8% 3.7% 3.1% 3.2% 3.4% 2.4% 3Q'15 4Q'15 1Q'16 2Q'16 3Q'16 9M'15 9M'16 (1) Calculated as net interest inc
Slide 7: Fee and Commission Income
Fee and Commission Income Fee and commission income breakdown RUB bn +9% -4% Other fee and commission income Commission on 76.3 operations with securities 70.2 and on capital markets 15% 28.4 12% 7% 28.0 26.8 Commission on 26.0 10% 12% 23.5 guarantees issued and 12% 17% 14% 17% 15% 8% trade finance
Slide 8: Provision Charge for Loan Impairment and Cost of Risk
Provision Charge for Loan Impairment and Cost of Risk Provision charge for impairment of loans and credit related commitments RUB bn +8% -22% 145.9 Provision charge 135.7 for impairment of loans 46.0 to individuals 58.3 Provision charge for 62.3 impairment of credit 56.0 6.3 49.7 43.9 related commit
Slide 9: Loan Book Quality
Loan Book Quality Provision for loan impairment RUB bn NPLs (90+) RUB bn 7.1% 7.3% 7.4% 7.5% 7.2% 6.7% 6.8% 7.2% 7.1% 6.3% +4% +7% +2% +3% 690 702 674 673 678 682 644 635 663 664 30-Sep-15 31-Dec-15 31-Mar-16 30-Jun-16 30-Sep-16 30-Sep-15 31-Dec-15 31-Mar-16 30-Jun-16 30-Sep-16 Allowance for loan im
Slide 10: Staff and Administrative Expenses
Staff and Administrative Expenses Staff costs and administrative expense RUB bn 1.8% 1.8% 1.8% 1.8% 1.8% 1.8% 1.8% 54.9% 47.5% Cost / Avg. assets 45.2% 51.1% 54.5% 44.2% 44.6% +6% Cost / Income ratio 171.6 161.4 -1% 61.4 Administrative 60.4 expenses 55.6 60.5 60.6 55.7 55.3 Staff costs (1) 23.6 20.4
Slide 11: Balance Sheet Structure and BIS Capital
Balance Sheet Structure and BIS Capital Assets structure RUB bn Liabilities structure RUB bn BIS Group capital RUB bn -9% 15.2% 15.6% 15.1% 15.4% 14.3% -10% +0% 13.7% 12.9% 13.3% 13.5% 13,642 +0% 12.4% 12,792 12,801 5% 12,334 12,359 5% 5% 12,188 8% 5% 5% 11,370 11,352 -4% 5% 10% 5% 10,936 10,937 5%
Slide 12: Assets and Liabilities by Currency
Assets and Liabilities by Currency Total assets RUB bn Total liabilities RUB bn 13,642 12,359 12,188 41% 10,937 33% FX FX 44% 39% RUB RUB 59% 67% 56% 61% 31-Dec-15 30-Sep-16 31-Dec-15 30-Sep-16 Net loans and advances to customers RUB bn Customer deposits RUB bn 9,438 8,708 8,001 7,267 37% 30% 39% FX
Slide 13: Loan Portfolio and Customer Deposits
Loan Portfolio and Customer Deposits Loans and advances to customers RUB bn Customer deposits RUB bn -7% +10% +1% +2% 10,110 9,517 9,258 9,363 9,410 7,432 7,859 8,001 7,144 7,267 80% 81% 79% 78% 77% 63% 64% 60% 62% 64% 20% 19% 21% 22% 23% 36% 40% 38% 36% 37% 30-Sep-15 31-Dec-15 31-Mar-16 30-Jun-16 3
Slide 14: Business with Legal Entities
Business with Legal Entities Loans to legal entities RUB bn Deposits of legal entities RUB bn -11% -0% +16% 8,150 7,594 7,270 7,320 7,288 +1% 5,009 5,077 4,551 4,384 4,607 28% 20% 25% 23% 32% 75% 77% 72% 80% 68% 30-Sep-15 31-Dec-15 31-Mar-16 30-Jun-16 30-Sep-16 30-Sep-15 31-Dec-15 31-Mar-16 30-Jun-1
Slide 15: Business with Individuals
Business with Individuals Loans to individuals RUB bn Deposits of individuals RUB bn +8% +1% +3% +4% 2,883 2,824 2,850 2,924 2,043 2,121 2,594 1,922 1,960 1,988 16% 16% 18% 18% 15% 44% 45% 45% 44% 44% 6% 6% 6% 7% 6% 5% 5% 4% 4% 85% 84% 84% 82% 82% 6% 43% 45% 45% 45% 45% 30-Sep-15 31-Dec-15 31-Mar-16
Slide 16: 2016 Management Expectations
2016 Management Expectations Previous communication Optimistic Conservative Updated communication Indicator Measurement scenario scenario Macro GDP, nominal % YoY 0.5 -1.2 -0.5 CPI inflation % YoY 7.0 7.6 close to optimistic expectations Oil price (Urals), average USD/bbl 50 40 close to conservative
Slide 17: Investor Relations
Investor Relations Tel: +7 (495) 775-71-39 e-mail: investorrelations@vtb.ru 17