Pt Bank Central Asia Tbk · IDX:BBCA
Pt Bank Central Asia Tbk — Q1 2022 Earnings Presentation
29 slides from Pt Bank Central Asia Tbk's earnings presentation, Apr 21, 2022
Slide 1: 1Q22 Results
PT Bank Central Asia Tbk 1Q22 Results 21 April 2022
Slide 2: Agenda
Agenda • Macroeconomy & banking industry highlights • 1Q22 performance overview • Sustainability finance and ESG • Corporate updates • Share data, ratings & awards Analyst Meeting 1Q-22 PT Bank Central Asia Tbk 2
Slide 3: Economic highlights
Economic highlights Inflation and BI Rates (%) • Growth continues in 1Q21 thanks to recovering demand and 7% BI 7-day (Reverse) Repo Rate export windfall due to strong commodity prices. 6.00 6% 5.75 5.50 5.25 5.00 • Stronger optimism as Omicron risks ebb. Consumption recovers 5% 4.75 4.75 4.50 4.37
Slide 4: Banking sector: encouraging trends
Banking sector: encouraging trends Banking Sector Financial Summary (%) • Loans increased 5.8% YoY, as working capital loans recovered. (Rp trillion) Jan-21 Dec-21 Jan-22 ∆YoY Large sectors, trade and manufacturing, turned to positive growth. Total Assets 9,007 10,112 10,007 11.1% Total Loans 5,397
Slide 5: Agenda
Agenda • Macroeconomy & banking industry highlights • 1Q22 performance overview • Sustainability finance and ESG • Corporate updates • Share data, ratings & awards Analyst Meeting 1Q-22 PT Bank Central Asia Tbk 5
Slide 6: Loans grew 8.6% YoY
Loans grew 8.6% YoY (Rp billion) Mar-21 Mar-22 YoY Jun-21 Sep-21 Dec-21 QoQ Total Assets 1,090,382 1,259,435 15.5% 1,129,497 1,169,296 1,228,345 2.5% Secondary Reserves & 435,689 507,120 16.4% 442,839 456,294 476,970 6.3% Marketable Securities Loans (Consol) 586,796 637,131 8.6% 593,585 605,874 636,
Slide 7: Non Interest income rebound, supporting top line growth
Non Interest income rebound, supporting top line growth (Rp billion) 1Q-21 1Q-22 YoY 2Q-21 3Q-21 4Q-21 QoQ Operating Income 19,086 20,402 6.9% 19,402 19,118 20,291 0.5% Net Interest Income 14,132 14,483 2.5% 14,146 13,878 14,315 1.2% Non Interest Income 4,954 5,920 19.5% 5,256 5,240 5,976 -0.9% Fees
Slide 8: Key Ratios
Key Ratios Bank Only 1Q-21 1Q-22 ∆YoY 2Q-21 3Q-21 4Q-21 ∆QoQ NIM 5.3% 4.9% -0.4% 5.2% 5.0% 4.9% 0.0% COC 1.9% 1.9% 0.0% 2.6% 0.8% 1.1% 0.8% Risk Adjusted NIM 3.4% 3.0% -0.4% 2.6% 4.2% 3.8% -0.8% CIR 35.3% 35.8% 0.5% 33.5% 31.4% 39.4% -3.6% ROA 3.1% 3.1% 0.0% 3.2% 4.2% 3.2% -0.1% ROE 15.8% 16.8% 1.0%
Slide 9: Working capital loans continued to recover
Working capital loans continued to recover Business Loans (Rp tn) - Consolidated Loan Breakdown (Rp bn) - Consolidated 298 301 Mar-21 Dec-21 Mar-22 ∆YoY ∆QoQ 284 W. Capital Corporate 262,638 286,490 286,879 9.2% 0.1% (+6.0% YoY, -1.5% QoQ) 201 Commercial & SME 174,511 190,882 188,803 8.2% -1.1% 179
Slide 10: Mortgage portfolio reached 9.8% growth
Mortgage portfolio reached 9.8% growth Mortgage New Booking & Run Off - Quarterly (Rp tn) Vehicle New Booking & Run Off – Quarterly (Rp tn) New Booking Run Off YoY O/S Growth New Booking Run Off YoY O/S Growth 8.2% 9.8% 6.5% -1.4% 3.6% 2.9% -7.3% -3.4% -13.9% -24.4% 10.4 9.1 7.9 7.2 6.4 5.9 6.4 6.6
Slide 11: Prudent lending across sectors
Prudent lending across sectors Composition of BCA Business Loans by Sector (%) BCA Industry 23.5% 22.3% (Mar-22) (Dec-21) 19.0% 16.5% 12.8% 8.5% 7.5% 6.8% 6.6% 5.6% 5.3% 4.2% 3.1% 1.6% 2.8% 2.7% 1.6% 0.3% Trading Manufacturing Business Service Agriculture Transportation Construction Electricity, Soc
Slide 12: LAR improved to 13.8%
LAR improved to 13.8% Loan Quality & Restructured Loans (Rp tn) - Bank Only Restru. Loans - Coll.1, LAR Coverage - Bank Only Rp trillion Mar-21 Dec-21 Mar-22 ∆YoY ∆QoQ Total Loans by Collectability (bank only): Current 549.2 594.7 593.1 8.0% -0.3% Special Mention 14.2 12.5 12.5 -12.0% 0.1% LAR Cov.
Slide 13: Ample coverage ratio
Ample coverage ratio Special Mention Composition (% of Total SML, Rp tn) Consolidated NPL Composition (% of Total NPL, Rp tn) Consolidated Corporate Commercial & SME Consumer SML Ratio Corporate Commercial & SME Consumer NPL Ratio 2.8% 2.8% 2.4% 2.4% 2.2% 2.3% 2.5% 1.8% 2.0% 2.0% 15.4 17.0 17.1 13.3
Slide 14: CASA ratio stood at 80%
CASA ratio stood at 80% Third Party Fund Composition (Rp bn) - Consolidated Third Party Funds (Rp bn) - Consolidated Savings Current Accounts Time Deposits Mar-21 Dec-21 Mar-22 ∆YoY ∆QoQ CASA 655,845 767,012 798,159 21.7% 4.1% 997,761 975,949 Current Accounts 236,747 285,639 301,097 27.2% 5.4% 923,7
Slide 15: Digital transactions grew exponentially
Digital transactions grew exponentially No.of transactions No. of mobile QRIS API trx vol. mobile banking banking users Trx value 4.8x 2.7x 7.6x 9.0x in 3 years in 3 years in 2 years YoY Transaction Volume - Quarterly (million) YoY Transactions Value - (Rp tn) 3,250 56% 1Q21 1Q22 ∆YoY 3Q21 4Q21 ∆QoQ
Slide 16: Digital channels increase in dominance
Digital channels increase in dominance Rising the bar for mobile & internet channels Trx. Volume Composition Trx. Value Composition Mobile & Internet Mobile & Internet 89.3% 58.1% 86.1% 54.2% 79.0% 50.5% 47.2% 70.1% 45.4% 41.4% Branch 39.3% 36.0% 27.8% ATM 19.5% 13.1% 10.2% ATM 2.1% Branch 8.1% 7.4%
Slide 17: Profitability trend
Profitability trend Quarterly Operating Income (Rp bn) - Consolidated Cost to Income & Cost of Credit - Bank Only Net Interest Income Non Interest Income CoC CIR 19,402 20,291 20,402 35.3% 35.8% 19,086 19,118 34.4% 34.9% 33.3% 72.9% 70.5% 71.0% 74.0% 72.6% 2.2% 1.9% 1.7% 1.9% 1.6% 26.0% 27.1% 27.4%
Slide 18: Agenda
Agenda • Macroeconomy & banking industry highlights • 1Q22 performance overview • Sustainability finance and ESG • Corporate updates • Share data, ratings & awards Analyst Meeting 1Q-22 PT Bank Central Asia Tbk 18
Slide 19: Growing Sustainable Finance Portfolio
| 3 | 4 | 5 | 7 | 8 | 9 | 10 | 13 | 16 | | 3 | 4 | 5 | 8 | 9 | 10 | 13 | SUPPORT O SDGs Growing Sustainable Finance Portfolio *) Reflecting the core subjects of corporate social responsibility Sustainable Finance Portfolio Special Programs to Support MSMEs Rp. 161.6 Tn Rp 89.2 Micro & SME Tn Rp 72.4
Slide 20: ESG - Environment Initiatives
| 3 | 4 | 5 | 7 | 8 | 9 | 10 | 13 | 16 | | 3 | 4 | 5 | 8 | 9 | 10 | 13 | SUPPORT O SDGs ESG - Environment Initiatives *) Reflecting the core subjects of corporate social responsibility #BCAforSustainability One Employee, One Tree More to Walk, More Trees to Plant Follow the health protocol and stay
Slide 21: ESG - Social Value Initiatives
| 3 | 4 | 5 | 7 | 8 | 9 | 10 | 13 | 16 | | 3 | 4 | 5 | 8 | 9 | 10 | 13 | SUPPORT O SDGs ESG - Social Value Initiatives *) Reflecting the core subjects of corporate social responsibility Supporting Public Health Community Empowerment & Donation Good Labor Practices 150 Vaccination centers in Explore
Slide 22: ESG – Ratings & Awards
| 3 | 4 | 5 | 7 | 8 | 9 | 10 | 13 | 16 | | 3 | 4 | 5 | 8 | 9 | 10 | 13 | SUPPORT O SDGs ESG – Ratings & Awards *) Reflecting the core subjects of corporate social responsibility MSCI Indonesia Index FTSE4Good ASEAN 5 Index Top 8 Constituents Top 10 Constituents 1st place for the World’s Strongest Ba
Slide 23: Agenda
Agenda • Macroeconomy & banking industry highlights • 1Q22 performance overview • Sustainability finance and ESG • Corporate updates • Share data, ratings & awards Analyst Meeting 1Q-22 PT Bank Central Asia Tbk 23
Slide 24: Corporate update
Corporate update Shareholders Meeting Results (Mar-22): • Declared dividend per share of Rp 145, up 37% YoY Dividend Payment • Payout ratio 56.9%, rose from 47.9% last year • Dividend payment on 19 April 2022 • Appointment of new Deputy President Director and new Compliance Director Some changes in
Slide 25: Agenda
Agenda • Macroeconomy & banking industry highlights • 1Q22 performance overview • Sustainability finance and ESG • Corporate updates • Share data, ratings & awards Analyst Meeting 1Q-22 PT Bank Central Asia Tbk 25
Slide 26: BCA share performance & rating
BCA share performance & rating BCA Shareholding Structure (31 March 2022) Performance BBCA vs IDX Finance Index (Relative price up to 13 Apr 2022 against 1 Jan 2018) Number Ownership 90% of Shares Percentage 80% 76.9% 78.1% 67.7% PT Dwimuria Investama Andalan * 67,729,950,000 54.94% 70% 66.7% BCA Sh
Slide 27: Awards and recognitions - 2022
Awards and recognitions - 2022 Customer Best Bank Best Brand Service Gallup Customer Engagement Indonesia Millenial Women Brand Survey Choice Awards 2022 Customer Excellence Recognition • Top 5 Millennial Women Favorite Brand 2022 in Category Mobile Banking (BCA Mobile) Public Relations World’s Best
Slide 28: DISCLAIMER
DISCLAIMER This Presentation has been prepared by PT Bank Central Asia Tbk (“BCA”) for information purposes only. This Presentation including any information, estimation and/or projections contained herein or provided by BCA in any other written or verbal communication (the “Information”) does not c
Slide 29: Thank You
“~~ by your side Thank You