Liberty Financial Group Ltd · ASX:LFG
Liberty Financial — Shareholder Meeting (November 2021)
18 slides from Liberty Financial's shareholder meeting presentation, Nov 17, 2021
Slide 1: Liberty Group 2021 AGM – Chairman's Address and CEO's Address
17 November 2021 For personal use only Markets Announcement Office ASX Limited LIBERTY GROUP 2021 AGM – CHAIRMAN’S ADDRESS AND CEO’S ADDRESS In accordance with ASX listing rule 3.13.3, Liberty Group (ASX: LFG) attaches the Chairman’s address and the Chief Executive Officer’s address and accompanying
Slide 2: Chairman's Address
Liberty Group 2021 AGM – Chairman’s Address and CEO’s Address | 2 Chairman’s Address For the Liberty Group, the year to 30 June 2021 has been one of exceptional results exceeding IPO forecasts and has reinforced the Group’s position as a leading financial services provider. For personal use only Thi
Slide 3: CEO's Address: The business
Liberty Group 2021 AGM – Chairman’s Address and CEO’s Address | 3 The business As this is our first Annual General Meeting, I thought it would be helpful to briefly summarise the business. As many of you know, we are in our 25th year of operation, having pioneered specialty finance in Australia For
Slide 4: Business Highlights FY21
Liberty Group 2021 AGM – Chairman’s Address and CEO’s Address | 4 Business Highlights FY21 The financial year 2021 was a strong year, notwithstanding the challenges that our customers and team endured. For personal use only Average assets increased by 4% in FY21 to $12 billion. New loan originations
Slide 5: Loan Origination 1Q22
Liberty Group 2021 AGM – Chairman’s Address and CEO’s Address | 5 Finally, we have continued to increase staff numbers in a measured way to support our growth. Loan Origination 1Q22 For personal use only On this slide we can see the Loan Originations over the first quarter of FY22. New loan originat
Slide 6: Liberty Financial Group Annual General Meeting November 2021
For personal use only Click to edit Master text styles Liberty Financial Group Annual General Meeting 17 November 2021
Slide 7: Business
Business For personal use only Click to edit Master text styles Liberty Financial Durable Business Model Diversified Portfolio Started 1997 and only investment Advanced risk-management grade non-bank (BBB-/positive/A-3) capabilities Pioneered specialty finance industry Proprietary technology support
Slide 8: Products & Services
Products & Services For personal use only Residential Finance Financial Services Australian mortgages Personal loans Click to edit Master text styles • Personal loans in Australia • Prime and custom lending for residential owner occupier and investment properties SME loans • SME loans in Australia N
Slide 9: Strategy
Strategy For personal use only ClickPurpose to edit Master text styles Focus Capabilities Helping more Customer Experience Risk Adjusted Returns people get financial Customer Choice Free-Thinking Values Fair Learning Accountable Invested Resourceful 8
Slide 10: Business Highlights FY21
Business Highlights FY21 For personal use only Click to edit Master text styles Average financial assets New assets originated COVID arrangements $12.0b ($11.5b) $4.1b ($3.5b) $84m ($1,133m) +4% +17% -93% FTE Staff Broker NPS Customer NPS 490 (434) 75 (63) 53 (49) +13% +19% +8% * Balances represent:
Slide 11: Financial Highlights FY21
Financial Highlights FY21 For personal use only % Click to edit Master text styles Underlying NPATA Net revenue NIM $226.0m ($140.6m) $600.1m ($508.1) 3.08% (2.65%) +61% +18% +43bps BDD Cost to income Underlying ROA 0bps (28bps) 22.8% (24.7%) 1.9% (1.2%) -28bps -190bps +70bps * Balances represent: F
Slide 12: 1Q22 Business Highlights
1Q22 Business For personal use only Ongoing growth in loan originations and asset portfolio Highlights Click to edit Master text styles Elevated discharges and amortisation Funding costs remain supportive of NIM No material change in risk from COVID hardships Two new ABS issues totalling $1.6b Corpo
Slide 13: Loan Origination 1Q22
Loan Origination 1Q22 For personal use only Residential ($’m) Secured ($’m) Click to edit Master 996 text styles 349 893 Continued growth in new residential 265 Continued growth in new SME loan 726 loan origination given strong 171 origination as small business demand for credit recovers from COVID
Slide 14: Loan Portfolio 1Q22
Loan Portfolio 1Q22 For personal use only Residential ($’m) Secured ($’m) Click to edit Master text styles 8,581 8,566 3,318 3,435 Consistent portfolio given higher 3,157 Continued growth in Secured loan 8,361 than trend discharges and portfolio amortisation Steady discharges and amortisation 1Q21 4
Slide 15: FY22 Outlook
FY22 Outlook For personal use only Economic indicators supportive of credit growth Click to edit Master text styles Competition for customers leading to higher discharges Continued support to COVID impacted customers Reducing borrowing cost should support NIM Plan to launch expanded auto finance sol
Slide 16: Thank you for joining us
For personal use only Click to edit Master text styles Thank you for joining us
Slide 17: Appendix
For personal use only Click to edit Master text styles Appendix
Slide 18: Disclaimer
Disclaimer For personal use only The information provided in this presentation and any information supplied in connection with this No offer of securities presentation (“Presentation”) has been prepared by Liberty Financial Group Limited (ACN 125 611 574) This Presentation is not, and does not const
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