Gfh Bank B.s.c. · BAHRAIN:GFH
Gfh Bank B.s.c — GFH Financial Group — 9M 2016 Earnings Presentation
12 slides from Gfh Bank B.s.c's earnings presentation, November 2016
Slide 1: GFH Financial Group 9M 2016 Results
GFH Financial Group 9M 2016 Results Presentation to Investors and Analysts For the Period Ended September 30th 2016 1 | GFH Financial Group 9M 2016 Results Presentation
Slide 2: Important Notice and Forward-Looking Statements
Important Notice and Forward-Looking Statements Important notice The information set out in this presentation and subsequent webcast does not constitute a public offer for the purposes of any applicable law or an offer to sell or solicitation of any offer to purchase any securities or other financia
Slide 3: Agenda
Agenda 1. Group 9M 2016 Highlights 2. 9M 2016 Financial Performance Review 3. Q&A 3 | GFH Financial Group 9M 2016 Results Presentation
Slide 4: Group 9M 2016 Highlights
Group 9M 2016 Highlights (in $ million) 9M 2015 9M 2016 Q3 2015 Q3 2016 Commercial Banking 41.1 45.6 12.7 13.8 RE Development 3.0 45.8 9.0 (2.3) Private Equity & Asset Management 23.8 6.5 (5.3) 4.4 Others (1) 2.4 1.4 4.0 0.1 Total Income 70.2 99.3 20.4 16.0 Operating Expenses (48.8) (64.6) (15.0) (1
Slide 5: Agenda
Agenda 1. Group 9M 2016 Highlights 2. 9M 2016 Financial Performance Review 3. Q&A 5 | GFH Financial Group 9M 2016 Results Presentation
Slide 6: Commercial Banking – Sustained Growth in Profit Before Impairment of 16%
Commercial Banking – Sustained Growth in Profit Before Impairment of 16% Financing Assets ($m) (1) Customer Deposits ($m) (2) 80% 81% 1,469 1,194 1,288 1,025 1,000 0 Sep 2015 Sep 2016 Sep 2015 Sep 2016 Loan to Deposit Ratio Total Income ($m) Profit Before Impairment ($m) 8.0% 5.8% 54% 53% 45.6 21.3
Slide 7: Real Estate Development – Sale of Land Plot in BFH and Launch of Projects
Real Estate Development – Sale of Land Plot in BFH and Launch of Projects • The Group recognized $46.1 million income in its 9M 2016 RE Development Income ($m) Real Estate Development business line on sale of one of its development plots in BFH precinct in Q2 • Harbour Row development, a mixed-use p
Slide 8: PE&AM & Recoveries – Strong Levels of Income Generation in 9M 2016
PE&AM & Recoveries – Strong Levels of Income Generation in 9M 2016 9M 2016 Income Generation ($m) • Strong levels of fee generation & investment banking income for the Group in 9M 2016 of $15.0 million 24.8 – Positively impacted by Group’s role in selling apartments to its investors in 1 Palace Stre
Slide 9: Income Diversification & Profitability
Income Diversification & Profitability Income Diversification 9M 2016 Group Income Contribution 2019 Expected Group Income Contribution Commercial Other RE Devt. Banking GFH Capital & Other 10.0% 15.0% 45.9% Subsidiaries By 15.0% Other 2019 PE 1.4% 20.0% 6.6% PE & AM AM 15.0% 25.0% 46.1% Commercial
Slide 10: Summary
Summary • Khaleeji Commercial Bank (“KHCB”) delivered sustained growth in profits before impairment of 16% year-on-year ($21.3 million) – Continued growth in financing assets of 16% year-on-year to $1.2 billion – Continued momentum in retail banking division with segmental revenues growing Commercia
Slide 11: Agenda
Agenda 1. Group 9M 2016 Highlights 2. 9M 2016 Financial Performance Review 3. Q&A 11 | GFH Financial Group 9M 2016 Results Presentation
Slide 12: Thank You Q&A
Q&A Thank You Q&A 12 | GFH Financial Group 9M 2016 Results Presentation