Union Bank Of Colombo Plc · CSELK:UBC.N0000
Union Bank Of Colombo — Q3 2022 Earnings Presentation
14 slides from Union Bank Of Colombo's earnings presentation, November 2022
Slide 1: Investor Presentation
Investor Presentation September 2022 1
Slide 2: Vision and Mission
Vision Vision: “Our Vision is to be the innovator of Banking Solutions to the wider Corporate, SME and Retail Segments and to be their Bank of choice, through professional and empowered people”. Mission: ▪ To our customers we provide the means of economic upliftment through customized banking and fi
Slide 3: Union Bank posts improved core banking performance in 3Q 2022 amidst challenges
Union Bank posts improved core banking performance in 3Q 2022 amidst challenges Income Statement (Rs.Mn) 3Q 2022 3Q 2021 Change % 9M 2022 9M 2021 Change % Gross Income 5,343 2,557 109% 12,769 8,231 55% Net i nteres t i ncome 1,538 975 58% 4,048 3,078 31% Net fee a nd commi s s i on i ncome 315 206 5
Slide 4: Net Interest Income increased by 31.5% YoY
Net Interest Income increased by 31.5% YoY Net Interest Income (Rs.Mn) Net Fees & Commission (Rs.Mn) 4,048 819 3,466 3,047 3,078 624 612 578 2,722 495 2,319 467 1,538 1,651 1,166 188 120 93 9M 14 9M 15 9M 16 9M 17 9M 18 9M 19 9M 20 9M 21 9M 22 9M 14 9M 15 9M 16 9M 17 9M 18 9M 19 9M 20 9M 21 9M 22 Ne
Slide 5: Other Operating Income increased by 103.5% YoY
Other Operating Income increased by 103.5% YoY Net Trading & Other (Rs.Mn) Operating Expenses (Rs.Mn) 1,129 3,148 2,960 2,821 2,855 2,730 846 2,454 2,232 706 685 609 1,706 547 483 414 1,185 301 9M 14 9M 15 9M 16 9M 17 9M 18 9M 19 9M 20 9M 21 9M 22 9M 14 9M 15 9M 16 9M 17 9M 18 9M 19 9M 20 9M 21 9M 2
Slide 6: Operating Margin increased by 44.3% YoY
Operating Margin increased by 44.3% YoY Operating Margin (Rs.Mn) 3,000 2,500 CAGR 17% 2,000 1,500 1,000 500 - 9M 14 9M 15 9M 16 9M 17 9M 18 9M 19 9M 20 9M 21 9M 22 CAGR 13% • Total operating income before impairments increased by 26.3% to Rs. 5,552 Mn • Total operating expenses increased by 15.3% Yo
Slide 7: Stage 3 loans (NPL) ratio increased to 7.29%
Stage 3 loans (NPL) ratio increased to 7.29% Impairment (Rs.Mn) Net NPL, Stage 3 (%) 1,552 10.65% 7.29% 562 576 3.90% 3.16% 3.25% 3.54% 354 2.39% 278 1.90% 1.66% 212 214 137 39 9M 14 9M 15 9M 16 9M 17 9M 18 9M 19 9M 20 9M 21 9M 22 9M 14 9M 15 9M 16 9M 17 9M 18 9M 19 9M 20 9M 21 9M 22 Impairment Char
Slide 8: Balance Sheet - Bank
Balance Sheet - Bank Bank Balance Sheet (Rs.Mn) 3Q 2022 4Q 2021 Growth % Net Loans (Rs.Mn) Trea s ury As s ets 46,573 39,129 19% 75,147 Loa ns & Adva nces 75,148 67,835 11% CAGR Ca s h & Ba l a nce wi th CB 6,609 3,815 73% 15% Other As s ets 8,385 7,627 10% Total Assets 136,715 118,406 15% 24,059 Bo
Slide 9: CASA ratio stood at 23.7%
CASA ratio stood at 23.7% • Total deposits increased by 12.5% YTD. • EOP CASA ratio stood at 23.7% 9
Slide 10: Strong Capital Adequacy ratio of 17.02%
Strong Capital Adequacy ratio of 17.02% • Capital Adequacy Ratio - The Bank continued to maintain high capital adequacy ratios. - Tier I Capital Adequacy Ratio as of 30 September 2022 was 15.89% - well above the statutory requirement of 8.5% - The Total Capital Ratio as at end 30 September 2022 was
Slide 11: Income Statement - Group
Income Statement - Group Income Statement (Rs.Mn) 3Q 2021 3Q 2021 Growth % 9M 2022 9M 2021 Growth % Gross Income 5,890 2,981 98% 14,309 9,497 51% Net i nteres t i ncome 1,732 1,186 46% 4,789 3,696 30% Net fee a nd commi s s i on i ncome 333 233 43% 868 697 24% Net Tra di ng a nd other Opera ti ng i
Slide 12: Balance Sheet - Group
Balance Sheet - Group Balance Sheet (Rs.Mn) 3Q 2022 4Q 2021 Growth % Net Loans (Rs.Mn) Trea s ury As s ets 46,558 39,142 19% CAGR 83,582 Loa ns & Adva nces 83,583 75,304 11% 15% Ca s h & Ba l a nce wi th CB 7,247 3,963 83% Other As s ets 6,522 5,684 15% 26,881 Total Assets 143,910 124,093 16% Borrow
Slide 13: Key Performance Indicators
Key Performance Indicators BANK GROUP Item 30 Sep 2022 31 Dec 2021 30 Sep 2022 31 Dec 2021 Regulatory Capital - Rs '000 Common Equity Tier 1 (Basel III) 13,522,527 13,292,787 15,477,111 15,267,994 Tier 1 Capital / Core Capital (Basel III) 13,522,527 13,292,787 15,477,111 15,267,994 Total Capital / T
Slide 14: Corporate Information
Corporate Information Board of Directors Legal Form Name Title Atul Malik Chairman/Non-Independent, Non-Executive Director A Public Limited Liability Company incorporated in Trevine Fernandopulle Deputy Chairman/Senior Independent Director Sri Lanka under the Companies Act No. 17 of 1982. Indrajit W
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