Col Financial Group, Inc. · PSE:COL

Col Financial — H1 2025 Earnings Presentation

26 slides from Col Financial's earnings presentation, 2025

  1. Slide 1: COL Financial Group Inc. 1H25 Presentation

    © COL FINANCIAL COL FINANCIAL GROUP INC. 1H25 PRESENTATION ++

  2. Slide 2: Company Overview

    2Q25 COL INVESTOR PRESENTATION Company Overview The leading Established Focused on Founder and licensed tapping the Edward K. Lee online by the SEC in underserved retains a 21.7% stockbroker 1999 retail investor stake and base in the actively in the stock market manages the Philippines company

  3. Slide 3: Outstanding Shares, Free Float and Market Cap

    2Q25 COL INVESTOR PRESENTATION 21.8% Edward K. Lee 5.95Bil 15.5% Outstanding Shares 32.1 % 21.8 % Daiwa Securities 1.19 Bil 13.9% Free Float Alexander C. Yu 15.5 % 16.8% Php9.04Bil 16.8% Other Directors & Officers Market Cap* 13.9% 32.1% *As of end June 2025 Public

  4. Slide 4: Business Objective

    2Q25 COL INVESTOR PRESENTATION Business Objective Our Goal is to be the Champion of the Filipino Investor. To be preferred source of financial services, a trusted provider of guidance and investment, and a strong organization committed to delivering great value to its customers.

  5. Slide 5: Among the Biggest Philippine Based Stockbrokers

    2Q25 COL INVESTOR PRESENTATION Among the Biggest Rank Broker Name Value T/O (PhpBil) % of Total 1 UBS Securities Philippines Inc 205.4 12.7 Philippine Based 2 CLSA Philippines Inc 120.1 7.4 Stockbrokers 3 Maybank Securities, Inc Macquarie Capital Securities (Philippines), 108.8 6.7 4 105.1 6.5 Inc.

  6. Slide 6: COL Milestones

    2Q25 COL INVESTOR PRESENTATION COL Milestones IPO price adjusted for stock split and stock dividends

  7. Slide 7: Bulk of the Revenues Derived from Commissions and Interest Income

    2Q25 COL INVESTOR PRESENTATION Sources of Revenues Commissions Interest Trailer fees Other income Bulk of the Revenues 1.2% 2.3% Derived from Commissions and Interest Income 61.4% Commissions accounted for 35.1% of revenues. Interest income from margin loans and cash placements accounted for 61.4% o

  8. Slide 8: Key Operating Highlights

    2Q25 COL INVESTOR PRESENTATION Key Operating Highlights Positives Negatives 1. Profits up 2.0% to Php255.1 Mil 1. Interest income fell 7.1% and was largely responsible for the 2.0% drop in 2. Core business revenues up 5.6% revenues 3. Client base and equity continued to 2. Operating profits down 9.4

  9. Slide 9: 1H25 Net Income +2.0% Y/Y

    2Q25 COL INVESTOR PRESENTATION 1H25 Net Income Pro Forma Consolidated Income Statement (Php Million) Change +2.0% Y/Y Income 1H24 1H25 Amount % Commissions 184.4 193.7 9.2 5.0% 1H25 net income rose 2.0% to Php255.1 Mil, largely Interest 364.8 338.8 (26.0) -7.1% driven by lower taxes and losses from

  10. Slide 10: 1H25 Net Income +2.0% Y/Y

    2Q25 COL INVESTOR PRESENTATION 1H25 Net Income Pro Forma Consolidated Income Statement (Php Million) Change +2.0% Y/Y Income 1H24 1H25 Amount % Commissions 184.4 193.7 9.2 5.0% Losses from COL HK which discontinued operations Interest 364.8 338.8 (26.0) -7.1% in April this year fell sharply by 91.6%

  11. Slide 11: Lower Interest Income, Partly Offset by Higher Commissions and Trail Fees

    2Q25 COL INVESTOR PRESENTATION Lower Interest Income, Partly Revenue Breakdown (Php Million) Offset by Higher Commissions Change 1H24 1H25 Amount % and Trail Fees Revenue Breakdown Commission 184.4 193.7 9.2 5.0% Self-directed 113.6 142.3 28.7 25.2% Revenues were down 2.0% to Php552.0 Mil as interes

  12. Slide 12: Lower Interest Income, Partly Offset by Higher Commissions and Trail Fees

    2Q25 COL INVESTOR PRESENTATION Lower Interest Income, Partly Revenue Breakdown (Php Million) Offset by Higher Commissions Change 1H24 1H25 Amount % and Trail Fees Revenue Breakdown Commission 184.4 193.7 9.2 5.0% Self-directed 113.6 142.3 28.7 25.2% Commission revenues from institutional customers a

  13. Slide 13: Controlled Growth of Expenses

    2Q25 COL INVESTOR PRESENTATION Controlled Growth of Breakdown of Expenses (Php Million) Expenses Change 1H24 1H25 Amount % Recurring operating expenses were up 8.3% to Trading Related Expenses Php222.0 Mil. Commission expenses 14.7 16.4 1.7 11.5% Stock exch. dues & fees 10.6 11.1 0.5 5.0% Trading re

  14. Slide 14: Controlled Growth of Expenses

    2Q25 COL INVESTOR PRESENTATION Controlled Growth of Breakdown of Expenses (Php Million) Expenses Change 1H24 1H25 Amount % Personnel costs increased by 16.4% largely due to pay Trading Related Expenses adjustments. Commission expenses 14.7 16.4 1.7 11.5% Stock exch. dues & fees 10.6 11.1 0.5 5.0% Me

  15. Slide 15: ROAE Fell Slightly to 22.0%

    2Q25 COL INVESTOR PRESENTATION ROAE Fell Slightly to 22.0% Selected Financial Ratios ROAE fell to 22.0% from 24.2% as revenues and 1H24 1H25 margins went down, and as the size of Operating Profit Margin 63.6% 58.8% stockholders’ equity increased. EBITDA Margin 67.3% 62.4% Asset turnover fell slightl

  16. Slide 16: Rank Slipped to Number 8 Despite Higher Market Share

    2Q25 COL INVESTOR PRESENTATION Rank Slipped to Number 8 Despite Higher Market Comparative Performance (COL vs. PSE) Share 1H24 1H25 Change Amount % PSE Ave. daily T/O (Php Mil) 6,232.0 6,800.6 568.6 9.1% COL’s average daily turnover increased by 13.3% to COL Ave. Daily T/O (Php Mil) 574.4 650.8 76.5

  17. Slide 17: Strong Balance Sheet

    2Q25 COL INVESTOR PRESENTATION Strong Balance Sheet Balance Sheet (Php Million) COL’s balance sheet remained strong with ample cash and no interest-bearing debts. Change 12/31/24 6/30/25 Amount % Cash & cash equivalents were down slightly by Php66.9 Mil Cash & cash equivalents 9,704.8 9,637.9 -66.9

  18. Slide 18: Customer Base Up Y/Y

    2Q25 COL INVESTOR PRESENTATION Client Base Customer Base +3.7% Up Y/Y 550,037 539,996 530,170 521,052 503,145 489,154 437,048 COL’s client base grew by 3.7% Y/Y to 550,037 as of end June 2025. 332,098 Average monthly additions reached 1,656 during the past 12 months and 1,588 during the second quart

  19. Slide 19: Client Equity Up on New Deposits

    2Q25 COL INVESTOR PRESENTATION Client Equity (Php Mil) Client Equity Up +11.1% on New Deposits 124,051 117,224 112,556 111,688 107,346 107,027 104,782 Client equity was up 11.1% Y/Y to Php124.1 Bil. Despite lower stock price, client equity increased due to positive net cash deposits. 72,673 Net cash

  20. Slide 20: Margin Loans Up

    2Q25 COL INVESTOR PRESENTATION Ave Daily Margin Loans (Php Mil) +3.5% Margin Loans Up 958 953 930 922 Average daily margin loans increased by 3.5% 759 to Php953 Mil Y/Y. 719 617 The number of approved margin accounts fell slightly from 1,097 to 1,081. The number of 518 accounts utilizing margin also

  21. Slide 21: MF Net Sales still Positive due to Local Equity and Feeder Funds

    2Q25 COL INVESTOR PRESENTATION MF Net Sales still Positive due to Local Equity and Feeder Funds 1H25 MF Net Sales (Php Mil) COL’s MF distribution business generated net sales of Php443.7 Fund Type Mil during 1H25 due to the popularity of feeder funds. Money Market 7.9 During 1H25, global balanced fu

  22. Slide 22: Global AUA is now at 20% of total AUA

    2Q25 COL INVESTOR PRESENTATION Global AUA is now at 20% of total AUA; Premium clients remains the biggest AUA contributor, though declining AUA Split per Fund Type AUA Split per Client Segment Starter Plus Premium PCG-HNW IFA 13% 14% 18% 16% 18% 13% 11% 12% 2% 2% 15% 17% 2% 3% 20% 3% 48% 47% 2024 1Q

  23. Slide 23: Fund clients grew by 1.3% Q/Q and 4.4% Y/Y

    2Q25 COL INVESTOR PRESENTATION Fund clients grew by 1.3% Q/Q and 4.4% Y/Y 1.3% Q/Q Steady figures for New-to-Funds Total Fund Clients and Zero-out clients 4.4% Y/Y 67,662 New-to-Funds Zero-out 66,769 65,884 2,559 2,516 2,498 2,371 64,783 64,903 2,251 1,939 1,722 1,578 1,631 1,605 2Q24 3Q24 4Q24 1Q25

  24. Slide 24: Fund AUA posted strong growth despite the industry-wide decline

    Fund AUA posted strong growth despite the industry-wide decline AUA vs Industry (Php Million) 1H24 AUA 1H25 AUA % Change Fund Source 4,868 6,024 23.7% FS (non-MM) 4,397 5,315 20.9% BPI (MF) 126,000 117,604 -6.7% ATRAM 8,748 8,702 -0.5% CMI 507 702 38.5% FAMI 11,280 9,131 -19.1% PEMI 16,427 16,055 -2

  25. Slide 25: Growing Number, but Lower Percentage of Clients Own MFs

    26 Growing Number, but Lower Percentage of Clients Own MFs MF Investors % of Total Clients 70,000.0 16.0% 14.3% 13.9% 13.8% 13.5% 13.5% 13.2% 13.1% 12.8% 14.0% 12.5% 12.4% 60,000.0 12.3% 12.0% 11.6% 11.1% 12.0% 10.4% 50,000.0 9.9% 9.5% 10.0% 8.9% 8.5% 40,000.0 7.5% 8.0% 6.9% 60,418 60,268 57,682 30,

  26. Slide 26: Disclaimer

    2Q25 COL INVESTOR PRESENTATION DISCLAIMER This presentation was prepared solely and exclusively for discussion purposes. This presentation and/or any part thereof may not be reproduced, disclosed or used without the prior written consent of COL Financial (the “Company”). This presentation, as well a

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