GFH Bank B.S.C. · BAHRAIN:GFH

GFH Bank B.S.C — GFH Financial Group — 9M/Q3 2021 Earnings Presentation

8 slides from GFH Bank B.S.C's earnings presentation, Nov 15, 2021

  1. Slide 1: GFH Financial Group 9M/Q3 2021 Earnings Presentation

    GFH Financial Group 9M/Q3 2021 Earnings Presentation 15 November 2021

  2. Slide 2: Importance Notice and Forward-Looking Statements

    Importance 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 financi

  3. Slide 3: Nine months profit to shareholders up 160%, Annualised ROE at 8.5%

    Nine months profit to shareholders up 160%, Annualised ROE at 8.5% Solid profitability 26% • Net profit attributable to shareholders was US$60.3 million for 9M 23% 2021 compared with US$23.17 million in 9M 2020, an increase of 160.4%. 18% 18% • Net profit attributable to shareholders of US$23.3 mill

  4. Slide 4: Performance compared to previous year

    Performance compared to previous year 2021 2020 Shareholders profit (Q3) 23.3m 8.1m 186% Consolidated profit (Q3) 24.1m 9.9m 143% 60,340 Total income (Q3) 89.6m 67.6m 33% YTD increase by 160% Operating expenses (Q3) 26.9m 22.8m 18% Finance expenses (Q3) 34.9m 34.2m 2% Q3 increase by 186% Consolidate

  5. Slide 5: Income statement – business line contribution in Q3

    Income statement – business line contribution in Q3 • Income from sale of apartments in Harbour Row project • Income from handover of apartments in Harbor Heights • Income from US Multifamily, project Amazon, and Fedex Columbus Real Estate • Management fee income from 8% ongoing projects Investment

  6. Slide 6: Income statement – Segment contribution

    Income statement – Segment contribution USD 000s Investment Commercial Real estate Corporate and Total banking banking development treasury Segment revenue 58,140 58,489 16,403 137,575 270,607 Segment expenses (40,568) (35,126) (11,582) (115,055) (202,331) Segment result 17,572 23,363 4,822 22,519 6

  7. Slide 7: Balance sheet information

    Balance sheet information USD000s Assets Sept 2021 June 2021 March 2021 Dec 2020 3.2 Liquid assets 2.4 ASSETS Cash and bank balances 479,444 593,229 805,917 536,502 1.3 Financing assets 1.3 Treasury portfolio 2,726,882 2,379,758 2,021,232 1,878,546 Financing assets 1,275,680 1,252,936 1,259,791 1,26

  8. Slide 8: Thank You Q&A

    Thank You Q&A

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