Mcb Bank Limited · PSX:MCB
Mcb Bank — Q1 2021 Earnings Presentation
19 slides from Mcb Bank's earnings presentation, Mar 31, 2021
Slide 1: MCB Bank Limited IR Presentation
MCB Bank Limited IR Presentation March 31, 2021 Presented by: Hammad Khalid Chief Financial Officer
Slide 2: Financial and Operational Landscape
Financial and Operational Landscape Financial Strength Domestic and International Footprint PKR 1,776.9 bn Domestic Assets 1,418 (US$ 11.6 bn) Branches 11 PKR 1,313.7 bn Foreign Deposits (Sri Lanka : 8, Bahrain : 1, (US$ 8.6 bn) Branches EPZ : 1, UAE : 1) PKR 480.2 bn Advances (Gross) MCB - Arif Hab
Slide 3: Financial Performance
Financial Performance March 31, 2021
Slide 4: Statement of Financial Position
Statement of Financial Position Increase of 1% in Assets base Rs. In mln Investments: Mar 2021 Dec 2020 Var. % var. Mar 2020 Var. % var. T-Bills : +16B PIBs : +67B ASSETS 1,776,962 1,757,462 19,499 1.11% 1,555,216 221,746 14% Advances - net 429,357 462,942 (33,585) -7.25% 480,925 (51,568) -11% - Gro
Slide 5: Non Performing Loans (NPLs)
Non Performing Loans (NPLs) Coverage ratio* at 98.13% (YE20: 98.87 %), NPLs ratio stands at 10.79% (YE20: 9.97 %) Rs. in mln Domestic NPLs Ratio at 9.95% (YE20: 8.84 %), Industry NPL ratio YE20 : 9.19% (YE19:8.58%) YTD (Mar 21 vs. Dec 20 ) Mar 21 Dec 20 Sep 20 Jun 20 Mar 20 Var. % Total NPLs 612 1.2
Slide 6: Investments
Investments Increase of Rs. 16B in Market Treasury Bills & Rs. 67B in Pakistan Investment Bonds. Rs. In mln 3M 6M 1Y 78% 13% 9% Mar 2021 Dec 2020 Var. % var. Mar 2020 Var. % var. 3Y 5Y 10Y & Above 24% 42% 34% Treasury Bills 614,880 598,470 16,410 3% 466,063 148,817 32% Pakistan Investment Bonds 417,
Slide 7: Deposits
Deposits Rs. in mln CASA reported at 93.13%, Current Deposits +7% , Saving Deposits -1% YTD increase/decrease YTD Current deposits 7% 32,371 Savings deposits -1% (7,698) CASA 2% 24,673 Term Deposits -1% (474) Total Deposits 2% 24,200 Q1 21 Q4 20 Q3 20 Q2 20 Q1 20 Volume Mix Volume Mix Volume Mix Vol
Slide 8: Profit and Loss Statement
Profit and Loss Statement PBT of Rs. 11.27B (+3.78%) and PAT of Rs. 6.79B (+4.16%) Rs. in mln Markup Income: On Investments: -3.98B On Advances: -6.63B Mar 2021 Mar 2020 Var. % var. Mark-up Income 28,347 39,100 (10,752) -27.50% Mark-up Expense 13,107 22,792 (9,685) -42.49% Markup Expense: On Deposit
Slide 9: Core Earnings
Core Earnings Rs. in mln Mar 2021 Mar 2020 Var. % var. Net Mark-up Income 15,240 16,308 (1,067) -7% Non Interest Income * 4,311 3,675 636 17% Total Income 19,551 19,983 (431) -2% Non Mark-up Expense** 8,951 8,678 273 3% Profit before Provisions 10,601 11,305 (704) -6% Provisions*** 393 (10) 403 3932
Slide 10: Spread
Rs. in mln March 2021 March 2020 Variance Variance Analysis Spread Average Rate Markup Average Rate Markup Volume Price/ bps Markup Volume Price Markup Volume Volume Variance Variance Inc/ Exp Assets Cash 29,475 - - 22,863 - - 6,612 - - - - - Balance with Banks 109,843 0.07 19 97,165 0.35 83 12,678
Slide 11: Key Performance Indicators
Key Performance Indicators September 30, 2020 Key Performance Indicators March 31, 2021
Slide 12: Key Performance Indicators
Key Performance Indicators Quarterly Operating expenses excluding PF Cost to Income Ratio 48.70% 46.15% 45.83% 43.40% 43.50% 8.70 40.86% 37.97% 35.79% 36.87% 8.45 8.16 8.25 8.32 8.28 8.23 8.30 8.11 Q1-2019 Q2-2019 Q3-2019 Q4-2019 Q1-2020 Q1-2019 Q2-2019 Q3-2019 Q4-2019 Q1-2020 Q2-2020 Q3-2020 Q2-202
Slide 13: Comparative Performance
Comparative Performance Rs. in Billion except percentages Admin Expenses (Excluding PF Reversal) Profit after Tax (PAT) 8.70 6.79 8.25 6.50 Mar 2020 Mar 2021 Mar-20 Mar-21 Deposits Coverage Capital Adequacy Growth in deposit base i.e. PKR 24.2B GP charge of PKR 4B providing insulation and Capital Ad
Slide 14: Domestic Deposits - Growth
Domestic Deposits - Growth Domestic Deposits – Bln PKR Domestic Current Deposits – Bln PKR 60 73 76 78 490 91 79 467 451 456 99 94 394 81 389 414 389 411 698 702 703 695 601 611 607 652 561 414 411 467 451 456 490 389 394 389 Mar-19 Jun-19 Sep-19 Dec-19 Mar-20 Jun-20 Sep-20 Dec-20 Mar-21 Mar-19 Jun-
Slide 15: Group Financial Performance
Group Financial Performance September 30, 2020 Group Financial Performance March 31, 2021
Slide 16: Statement of Financial Position
Statement of Financial Position Rs. in Million Unconsolidated Consolidated Mar 2021 Dec 2020 YTD % Mar 2021 Dec 2020 YTD % Assets 1,776,962 1,757,462 19,499 1.1% 1,911,384 1,891,276 20,108 1.1% Advances - net 429,357 462,942 (33,585) -7.3% 513,875 547,686 (33,811) -6.2% Investments 1,090,917 1,015,8
Slide 17: Profit and Loss Statement
Profit and Loss Statement Rs. in Million Unconsolidated Consolidated Mar 2021 Mar 2020 +/- % Mar 2021 Mar 2020 +/- % Mark-up Income 28,347 39,100 (10,752) -27.5% 30,601 41,657 (11,055) -26.5% Mark-up Expense 13,107 22,792 (9,685) -42.5% 14,303 24,371 (10,067) -41.3% Net Mark-up Income 15,240 16,308
Slide 18: Awards/ Accolades
Awards/ Accolades “Winner -Best Corporate Report Award Winner – Best Presented Annual Accounts 2019 – Banking Sector” Ranked among the Top 25 Companies in 2014 Winner” - Best Corporate Report Award 2018 Best bank in Pakistan - 2019 Pakistan 1st Runner Up Best Presented Annual Report Awards Winner” -
Slide 19: Thank you!
Thank you! For more information write to us on info@mcb.com.pk. For any investor related query/comments/feedback, please e-mail investor.relations@mcb.com.pk