National Development Bank Plc · CSELK:NDB.N0000
National Development Bank — Q3 2019 Earnings Presentation
17 slides from National Development Bank's earnings presentation, Nov 15, 2019
Slide 1: Investor Webinar Q3 2019
INVESTOR WEBINAR Q3 2019 National Development Bank PLC [CSE Stock Code - NDB.N0000] 15 November 2019 10:00 HRS Colombo Sri Lanka
Slide 2: Forward Looking Statements
Forward Looking Statements Forward Looking Statements This document has been prepared by National Development Bank PLC [“NDB”, “Bank” or the “Group”] solely for use at its presentation to potential & current investors. By accepting this document, you agree to maintain absolute confidentiality regard
Slide 3: Corporate Participants
Corporate Participants Presented by Dimantha Seneviratne Director/ Group Chief Executive Officer Panelists Buwaneka Perera – Senior Vice President - Corporate Banking Sanjaya Perera – Senior Vice President – Personal Banking & Branch Network Deepal Akuratiyagama – Chief Operating Officer Suvendrini
Slide 4: Agenda
Agenda • Part I – Business Overview • Part II - Financial Performance • Part III - Q&A 4
Slide 5: Agenda
Agenda • Part I – Business Overview • Part II - Financial Performance • Part III - Q&A 5
Slide 6: Business Overview
Business Overview Celebrating 40 years of banking excellence Presence [Physical and Virtual] • 112 branches & service to the nation. • 101 ATMs [Off-site 20] 1979 – 2019 • 53 Cash Recycle Machines [Off-site 22] • 80+ localities offering Branchless Banking – “BANK2U” NDB has been a key catalyst in th
Slide 7: Agenda
Agenda • Part I – Business Overview • Part II - Financial Performance • Part III - Q&A 7
Slide 8: Movement in KPIs Q3 2019 - Snapshot
Movement in KPIs Q3 2019 - Snapshot Income Statement - Q3 2019 YoY Growth % LKR Mn Movement in key ratios Gross income 43,913 19 KPI % Q3 2019 Q3 2018 Net interest income 13,092 23 NIM 3.4 3.4 CIR 40.7 39.4 Net fee & comm income 2,753 21 Q3 2019 FY 2018 Pre-tax core banking 7,144 16 profit ROE 11.83
Slide 9: Fund and Non Fund Based Revenue Analysis
Fund and Non Fund Based Revenue Analysis Fund Based Revenue - LKR Mn Q3 2019 Q3 2018 Variance % Interest Income 39,424 31,790 7,634 24 Interest Expense 26,332 21,163 5,169 24 Net interest income 13,092 10,628 2,464 23 Non Fund Based Revenue - LKR Mn Q3 2019 Q3 2018 Variance % Net fee and commission
Slide 10: Operating Expenses & Taxation [Bank]
Operating Expenses & Taxation [Bank] Cost to Income Ratio - % Operating Expenses - LKR Mn Q3 2019 Q3 2018 % Increase Personnel expenses 3,702 3,251 14 Q3 2019 40.7 Depreciation & amortization 393 319 23 Other expenses 3,058 2,576 19 Q3 2018 39.4 Total operating expenses 7,153 6,146 16 • Staff base i
Slide 11: Balance Sheet & Asset Quality [Bank]
Balance Sheet & Asset Quality [Bank] LKR Bn Q3 2019 FY 2018 Q3 2018 YTD YTD % YoY YOY % Quantum growth Quantum growth growth growth Total assets 505 473 458 32 7 47 10 Gross loans 390 353 334 37 10 56 17 Total deposits 374 348 329 26 8 45 15 Borrowings 81 75 84 6 7 3 4 Total equity 37 35 32 2 6 5 16
Slide 12: Loan Book Analysis
Loan Book Analysis Total gross loans – Currency Sectoral composition of the loan book 3% composition 6% 100 22% 8% 22 22 80 10% % composition 60 FCY LCY 40 18% 78 78 10% 20 9% 13% 0 Q3 2019 FY 2018 Manufacturing Consumption Financial services Wholesale & retail trade • Gross loans - High performing
Slide 13: Funding Sources
Funding Sources Key Balance Sheet growth funding sources; • Increase in deposits • Funds sourced via a listed debenture issuance Deposits [LKR Bn] Deposit Q3 2019 FY 2018 Quantum increase • Highest growth seen in Time Deposits during the first 9 months Current 1 • Net outflows in FCY CASA deposits 2
Slide 14: Capital & Liquidity
Capital & Liquidity BASEL III – Q3 2019 Bank Group Common Equity Tier 1 Capital Ratio % [Minimum Requirement -7.0%] 9.5 10.6 Tier 1 Capital Ratio % [Minimum Requirement – 8.5%] 9.5 10.6 Total Capital Ratio % [Minimum Requirement – 12.5%] 14.0 14.8 Liquidity Coverage Ratio [%] – Rupee [Minimum Requir
Slide 15: Investor Ratios
Investor Ratios Investor Ratios Bank Group Q3 2019 FY 2018 Q3 2019 FY 2018 Closing price per share [LKR] 97.80 106.80 NA NA EPS [LKR] [Annualized] 19.27 28.44 17.38 26.33 ROE [%] 11.83 17.41 9.64 14.26 ROA [%] [Pre-tax] 1.99 2.22 2.00 2.17 Book value per Share [LKR] 167.90 166.41 184.83 185.49 P/E [
Slide 16: Agenda
Agenda • Part I – Business Overview • Part II - Financial Performance • Part III - Q&A 16
Slide 17: NDB Investor Relations
NDB Investor Relations NDB’s Investor Relations is the recipient of the Gold Award for Best Investor Relations at the coveted CFA Sri Lanka Capital Market Awards, for four consecutive years in 2019, 2018, 2017 & 2016. Investor/ Analysts Support Clearly defined Quarterly Results Calendar released a
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