Tisco Financial Group Public Co. Ltd. · SET:TISCO
Tisco Financial Group Public — Q1 2021 Earnings Presentation
19 slides from Tisco Financial Group Public's earnings presentation, Apr 19, 2021
Slide 1: TISCO Financial Group Analyst Meeting 1Q2021
TISCO Financial Group Public Co., Ltd. Analyst Meeting 1Q2021 April 19, 2021
Slide 2: Consolidated Income Statements
Consolidated Income Statements Unit : Million Baht 1Q20 4Q20 1Q21 % QoQ % YoY Interest Income 4,553 4,000 3,776 (5.6) (17.1) Interest Expenses (1,095) (740) (666) (10.1) (39.2) Net Interest Income 3,458 3,259 3,110 (4.6) (10.1) Fee & Service Income 1,476 1,475 1,628 10.3 10.3 Fee & Service Expenses
Slide 3: Assets and Liabilities
Assets and Liabilities Assets Liabilities Unit: Million Baht Unit: Million Baht -2.4% -3.6% QoQ QoQ Unit : Million Baht 2019 2020 1Q21 % QoQ Unit : Million Baht 2019 2020 1Q21 % QoQ Loans 242,826 224,812 220,757 (1.8) Deposits & 234,421 209,679 201,408 (3.9) Borrowings Allowance (10,717) (11,826) (1
Slide 4: Loan Portfolios
Loan Portfolios Total Loans Unit: Million Baht -1.8% Retail Loans -2.7% QoQ QoQ Corporate Loans +1.9% QoQ Loans by sectors SME Loans -0.2% QoQ 4
Slide 5: Retail Loan Portfolio Breakdown
Retail Loan Portfolio Breakdown Unit: Million Baht -2.7% QoQ -2.8% QoQ -2.9% QoQ -4.3% QoQ -0.9% QoQ +3.0% QoQ 5
Slide 6: TISCO Auto Cash
TISCO Auto Cash Auto Cash Loans Unit: Million Baht Auto Cash -2.9% QoQ Somwang -2.3% QoQ Loan Generated through Somwang channel Somwang Loans vs NPLs Somwang Branches 6
Slide 7: Industry Car Sale & Penetration Rate
Industry Car Sale & Penetration Rate Industry New Car Sale Units 110,000 80,000 50,000 20,000 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec TISCO’s Auto HP Penetration Rate TISCO’s Penetration Rate Industry Car Sale -18.4% 2M YTD 7
Slide 8: Interest Income & NIM
Interest Income & NIM Yield on Loans Net Interest Income Unit: Million Baht Loan Spread -4.6% -10.1% QoQ YoY Cost of Funds Loan Spread NIM 8
Slide 9: Asset Quality
Asset Quality Loan Classification Non-Performing Loans Unit: Million Baht Unit: Million Baht NPLs Stage 2 Stage 1 2019 2020 1Q21 NPLs by Loan Types Million Baht % Million Baht % Million Baht % Corporate 259 0.7 - - - - SME 158 1.2 64 0.6 78 0.8 Hire Purchase 3,249 2.4 3,268 2.6 3,157 2.5 Mortgage 1,
Slide 10: Expected Credit Loss
Expected Credit Loss Expected Credit Loss Unit: Million Baht Allowance for ECL Unit: Million Baht TFRS 9 Coverage Ratio Coverage Ratio Excess Reserve General Provision Expected Credit Loss (ECL) Specific Provision 10
Slide 11: Funding
Funding Total Funding Unit: Million Baht -3.9% QoQ Unit : Million Baht 2019 2020 1Q21 % QoQ Current 2,638 3,200 2,496 (22.0) Savings 37,802 50,320 46,310 (8.0) Fixed Deposits 175,645 149,953 149,346 (0.4) Short-Term Bill of Exchanges 37 37 37 - Senior Debentures 18,300 6,169 3,220 (47.8) Total Depos
Slide 12: Non-Interest Income
Non-Interest Income Non-Interest Income from Core Businesses Non-Interest Income from Core Businesses Breakdown Data for 3M2021 Unit: Million Baht +12.5% +8.5% QoQ YoY Unit : Million Baht 1Q20 4Q20 1Q21 % QoQ % YoY Ba nki ng Fee 976 848 828 (2.3) (15.1) Bancassurance Fee 679 588 533 (9.3) (21.5) Oth
Slide 13: Asset Management Business
Asset Management Business Assets Under Management Rank #1 Unit: Million Baht +7.6% Provident Fund QoQ +2.8% QoQ Rank #12 Mutual Fund +27.0% QoQ Rank #5 Rank #8 Private Fund *Remark: Market Share and Rankings as of February 2021 +6.6% QoQ 13
Slide 14: Brokerage Business
Brokerage Business TISCO Trading Volume & Market Share Unit: Million Baht Trading Volume by Customers 14
Slide 15: Operating Expenses
Operating Expenses Operating Expenses Unit: Million Baht -2.6% +3.5% Cost to Income Ratio QoQ YoY Unit : Million Baht 1Q20 4Q20 1Q21 % QoQ % YoY Empl oyee Expens es 1,339 1,387 1,452 4.7 8.5 Premi s es & Equi pment Expens es 321 316 317 0.3 (1.4) Ta xes & Duti es 79 64 66 3.8 (16.1) Other Expens es
Slide 16: Capital Adequacy
Capital Adequacy Capital Base of TISCO Bank Unit: Million Baht Capital Adequacy Ratio BIS Ratio Tier I Ratio Min. Required by BOT 11.0% BIS Ratio 8.5% Tier I Ratio *Remark: Projected figures 16
Slide 17: Employees and Branch Network
Employees and Branch Network Total Employees Employees Total Branch Network Somwang Loan Offices Bank Branches 17
Slide 18: Investor Relations
Investor Relations TISCO Financial Group Public Company Limited 48/49 TISCO Tower, North Satorn Road, Silom, Bangrak, Bangkok, 10500, Thailand +(66) 2633 6868 +(66) 2633 6855 ir@tisco.co.th www.tisco.co.th Disclaimer This presentation material may contain forward-looking statements. These forward-lo
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