Tisco Financial Group Public Co. Ltd. · SET:TISCO
Tisco Financial Group Public — Q3 2015 Earnings Presentation
21 slides from Tisco Financial Group Public's earnings presentation, Oct 14, 2015
Slide 1: Analyst Meeting 3Q 2015
TISCO Financial Group Public Co., Ltd. Analyst Meeting 3Q 2015 October 14, 2015
Slide 2: 3Q 2015 Financial Results
TISCO 3Q 2015 Financial Results
Slide 3: Consolidated Income Statements
Consolidated Income Statements Unit : Million Baht 3Q14 2Q15 3Q15 % QoQ % YoY 9M14 9M15 % YoY Interest Income 4,670 4,263 4,176 (2.0) (10.6) 14,360 12,813 (10.8) Interest Expenses (2,214) (1,815) (1,559) (14.1) (29.6) (7,262) (5,349) (26.3) Net Interest Income 2,456 2,448 2,617 6.9 6.6 7,098 7,465 5
Slide 4: Assets and Liabilities
Assets and Liabilities Assets Liabilities Unit: Million Baht Unit: Million Baht 4.6% QoQ 5.2% QoQ 10.7% YTD 12.1% YTD Unit : Million Baht 2014 2Q15 3Q15 % QoQ % YTD Unit : Million Baht 2014 2Q15 3Q15 % QoQ % YTD Deposits & Loans - Net 262,784 249,341 237,260 (4.8) (9.7) 264,147 240,444 231,900 (3.6)
Slide 5: Loan Portfolio
Loan Portfolio Total Loan Portfolio Unit: Million Baht 4.8% QoQ 9.7% YTD Retail Loans SME Loans Corporate Loans Unit: Million Baht Unit: Million Baht Unit: Million Baht 1.9% QoQ 2.3% QoQ 16.6% QoQ 6.7% YTD 13.6% YTD 18.0% YTD 5
Slide 6: Retail Loan Portfolio
Retail Loan Portfolio Retail Loan Breakdown 6
Slide 7: Industry Car Sales and Penetration Rate
Industry Car Sales and Penetration Rate Industry New Car Sales Units 160,000 2012 2013 120,000 2014 80,000 2015 40,000 - Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec TISCO Auto HP Penetration Rate No. of New Car Sales ('000 Units) Penetration Rate (%) 1,436 11.0% 1331 9.6% 8.4% 8.5% 8.4% 8.5% 7.5
Slide 8: Loan Spread and Net Interest Margin
Loan Spread and Net Interest Margin Yield on Loans and Cost of Funds 6.6 6.6 6.5 6.5 6.5 6.5 6.5 6.4 6.4 6.5 % Yield on loans 4.1 % Loan spread 3.6 3.5 3.5 3.3 3.4 3.5 3.5 3.7 3.3 3.2 % Cost of funds 3.0 3.1 3.0 3.2 3.1 3.0 2.9 2.8 2.5 2012 2013 2014 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 Remark: Cost o
Slide 9: Asset Quality
Asset Quality NPL and NPL Ratio Unit: Million Baht Total NPL % NPL 3.3% 2.6% 2.6% 2.7% 2.9% 2.3% 2.4% 1.7% 1.9% 1.3% 7,841 7,137 6,750 6,465 6,750 6,742 6,363 5,363 4,964 3,095 2012 2013 2014 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 2014 2Q15 3Q15 NPL by Loan Type Million Baht % Million Baht % Million Bah
Slide 10: Provisions
Provisions Provision Expense and Credit Cost Unit: Million Baht Provision expense (Million Baht) % Credit cost 4,426 3.6% 4,141 1.8% 1.7% 2.0% 1.6% 1.6% 1.7% 1.5% 1.3% 0.9% 2,166 1,922 1,176 1,220 1,138 1,244 894 972 2012 2013 2014 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 Minimum Required Provision vs Act
Slide 11: Provisions
Provisions Provisions Movement - QoQ Unit: Million Baht Specific Provision General Provision Beginning Balance 4,959 Beginning Balance 2,691 Less SSI UK (743) Set up for the period 2,166 Add SSI Thailand 248 Less SSI UK (2,894) Add Other * 435 Less SSI Thailand (248) Less Other Port. (800) Ending Ba
Slide 12: Deposits
Deposits Total Deposits & Bill of Exchanges Unit: Million Baht 3.6% QoQ 12.2% YTD Unit : Million Baht 2014 2Q15 3Q15 % QoQ % YTD Current 2,917 3,392 3,204 (5.5) 9.8 Savings 49,606 52,907 49,052 (7.3) (1.1) Fixed Deposits 152,860 128,056 109,849 (14.2) (28.1) Short-Term Bill of Exchanges 7,706 7,395
Slide 13: Non-Interest Income
Non-Interest Income Non-Interest Income from Core Businesses Non-Interest Income Breakdown Unit: Million Baht 4.9% YoY 1.2% QoQ 4.1% YoY Unit : Million Baht 3Q14 2Q15 3Q15 % QoQ % YoY 9M14 9M15 % YoY Banking Fee* 827 872 947 8.6 14.4 2,725 2,700 (0.9) Asset Management Fee 255 311 269 (13.7) 5.4 691
Slide 14: Asset Management Business
Asset Management Business TISCO Asset under Management Unit: Million Baht Rank #10 2.0% QoQ 2.3% YTD Provident Fund Mutual Fund Private Fund Unit: Million Baht Rank #4 1.1% QoQ Unit: Million Baht Rank #14 4.9% QoQ Unit: Million Baht Rank #8 10.8% QoQ 4.4% YTD 7.9% YTD 11.3% YTD *Rankings & Market Sh
Slide 15: Brokerage Business
Brokerage Business TISCO Trading Volume and Market Share TISCO Volume (Million Baht) Market share (%) 625,096 3.1% 538,028 3.2% 3.1% 3.0% 3.0% 2.9% 2.9% 2.8% 2.7% 2.8% 408,339 153,247 168,011 150,600 123,143 122,608 96,850 119,921 2012 2013 2014 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 TISCO Trading Volum
Slide 16: Operating Expenses
Operating Expenses Cost to Income Ratio Cost to Total Assets Ratio Unit : Million Baht 3Q14 2Q15 3Q15 % QoQ % YoY 9M14 9M15 % YoY Employees' Expenses 933 889 417 (53.1) (55.3) 2,583 2,296 (11.1) Premises & Equipment Expenses 226 237 230 (2.7) 2.0 670 698 4.2 Taxes & Duties 57 53 52 (2.9) (8.7) 168 1
Slide 17: Capital Adequacy
Capital Adequacy Capital Adequacy Ratio of TISCO Bank 17.9% 16.8% 16.6% 16.8% 17.1% 17.5% 15.4% 14.3% 13.9% 13.3% 13.4% 12.7% 13.1% 12.6% 12.5% 12.6% 11.5% 9.0% 9.2% 9.4% 31,747 30,240 29,920 30,240 30,447 30,451 28,897 Capital Base (MB) 27,170 25,746 BIS Ratio (%) 22,006 Tier I (%) 2012 2013 2014 1
Slide 18: Employees and Branch Network
Employees and Branch Network Total Branch Network Total TISCO Employees 18
Slide 19: Disclaimer
Disclaimer This presentation material may contain forward-looking statements. These forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ from those in the forward looking statements as a result of various factors. TISC
Slide 20: Investor Relations
Investor Relations TISCO Financial Group Public Company Limited 48/49 TISCO Tower, North Sathorn Road Silom, Bangrak, Bangkok 10500 Thailand Tel: +66-2-633-6868 Fax: +66-2-633-6855 Email: ir@tisco.co.th Website: www.tisco.co.th 20
Slide 21: Wealth of Possibilities
WEALTH OF POSSIBILITIES
TISCO Financial Group Public — Q3 2015 Earnings Presentation on 6ix