Vtb · RUS:VTBR

Vtb — Q1 2015 Earnings Presentation

16 slides from Vtb's earnings presentation, May 19, 2015

  1. Slide 1: VTB Group 1Q'2015 Results

    VTB Group 1Q’2015 Results Herbert Moos CFO and Deputy Chairman of VTB Bank Management Board Dmitry Pyanov Senior Vice President, Head of Finance Department Leonid Vakeyev Managing Director, Head of Investor Relations May 19, 2015 1 © VTB 2015

  2. Slide 2: Forward-looking statements disclaimer

    Some of the information in this presentation may contain projections or other forward-looking statements regarding future events or the future financial performance of JSC VTB Bank ("VTB") and its subsidiaries (together with VTB, the "Group"). Such forward-looking statements are based on numerous as

  3. Slide 3: VTB Group 1Q'2015 Highlights

    VTB Group 1Q’2015 Highlights Key selected items (in RUB bn) 1Q’2015 1Q’2014 Change Net interest income 46.1 89.9 -48.7% Net fee and commission income 15.4 14.3 7.7% Net loss from non-banking activities (1) (12.0) (2.3) 421.7% Other income 40.0 2.8 1328.6% Operating income before provisions 89.5 104.

  4. Slide 4: Interest Income and Average Yields

    Interest Income and Average Yields Interest income and average yields RUB bn 11.0% 10.4% 10.4% 10.6% 10.4% Yield on customer loans 9.9% 10.0% Yield on total interest 9.5% 9.6% 9.7% bearing assets +45% 272.2 238.6 Interest income on 217.2 9% 188.2 200.1 7% other interest bearing 6% 6% 5% assets 91% I

  5. Slide 5: Interest Expense and Cost of Funds

    Interest Expense and Cost of Funds Interest expense and cost of interest bearing liabilities RUB bn 10.5% Cost of other interest 7.7% bearing liabilities (1) 7.0% 8.6% 5.7% 6.1% 6.5% Cost of total interest 5.9% 7.3% bearing liabilities 5.4% 5.0% 5.7% Cost of customer 5.0% 5.1% 4.6% deposits +130% 22

  6. Slide 6: Net Interest Income and NIM

    Net Interest Income and NIM Net interest income RUB bn -48.7% 89.9 87.3 91.0 86.1 46.1 1Q'14 2Q'14 3Q'14 4Q'14 1Q'15 Net interest margin (1) % -180 bp 4.5% 4.2% 4.1% 3.5% 1.7% 1Q'14 2Q'14 3Q'14 4Q'14 1Q'15 (1) Net interest income divided by average interest earning assets, which include gross loans

  7. Slide 7: Fee and Commission Income

    Fee and Commission Income Fee and commission income breakdown RUB bn +11% 23.6 20.7 12% 20.5 Other fee and 18.4 18.8 7% commission income 13% 12% 8% 5% 6% 5% 15% 5% Commission on 9% operations with securities 16% 16% 19% 16% and on capital markets Commission on guarantees issued and 66% trade financ

  8. Slide 8: Cost of Risk Reflects Macroeconomic Environment

    Cost of Risk Reflects Macroeconomic Environment Provision charge for loan impairment and cost of risk RUB bn 5.5% 5.1% 5.1% 4.9% 4.4% Loans to individuals 2.8% 3.4% 4.6% Cost of risk 2.5% 2.2% 3.0% Loans to legal entities 2.7% 1.9% 1.7% 1.4% +3% 97.9 12.7 Provision charge 64.9 for impairment of loan

  9. Slide 9: Loan Book Quality

    Loan Book Quality Provision for loan impairment NPLs (90+) RUB bn RUB bn 6.7% 7.2% 5.9% 5.9% 6.3% 6.0% 6.4% 5.8% 5.9% 5.8% +4.2% +6.9% 613 639 534 571 507 440 479 412 408 443 31-Mar-14 30-Jun-14 30-Sep-14 31-Dec-14 31-Mar-15 31-Mar-14 30-Jun-14 30-Sep-14 31-Dec-14 31-Mar-15 Allowance for loan impair

  10. Slide 10: Staff and Administrative Expenses

    Staff and Administrative Expenses Staff costs and administrative expenses RUB bn 2.3% 2.3% 2.2% 2.7% 1.9% Cost / Assets 66.1% 50.4% 48.7% Cost / Income ratio 41.8% 38.4% +12% 75.4 Administrative expenses 56.2 54.9 59.2 52.8 45.1 Staff costs (1) 21.1 24.0 24.6 24.0 31.7 32.2 30.3 30.3 35.2 4Q'13 1Q’1

  11. Slide 11: Balance Sheet Structure and BIS Capital

    Balance Sheet Structure and BIS Capital Assets structure Liabilities structure BIS Group capital RUB bn RUB bn RUB bn +2% +2% 12,191 12,439 6% 6% 11,325 14.0% 11,060 8% 7% 10% 10,135 12.8% 9,755 15% 12.2% 12.0% 9,402 7% 12% 11.9% 5% 8,821 9,004 7% 8% 8,450 18% 7% 10.3% 9% 7% 3% 10% 17% 9.8% 12% 9.4%

  12. Slide 12: Assets and Liabilities by Currency

    Assets and Liabilities by Currency Total assets by currency Total liabilities by currency RUB bn RUB bn 12,191 12,439 11,325 11,060 FX FX 37% 36% 41% 39% RUB RUB 63% 64% 61% 59% 31-Dec-14 31-Mar-15 31-Dec-14 31-Mar-15 Net loans and advances to customers by currency Customer deposits RUB bn RUB bn 8,

  13. Slide 13: Loan Portfolio and Customer Deposits

    Loan Portfolio and Customer Deposits Loans and advances to customers Customer deposits RUB bn RUB bn Legal entities Individuals Legal entities Individuals -2.7% 9,150 +14% 8,899 8,023 7,466 6,990 6,451 5,430 5,669 79% 4,998 5,123 79% 77% 66% 77% 77% 64% 62% 63% 64% 23% 23% 21% 21% 37% 36% 36% 38% 34

  14. Slide 14: Business with Legal Entities

    Business with Legal Entities Loans to legal entities Deposits of legal entities RUB bn RUB bn Current/ settlement deposits Term deposits -2.9% 7,205 6,997 +20% 6,185 5,748 4,227 5,380 3,482 3,520 22% 3,136 3,256 22% 25% 30% 26% 78% 74% 78% 75% 70% 31-Mar-14 30-Jun-14 30-Sep-14 31-Dec-14 31-Mar-15 31

  15. Slide 15: Business with Individuals

    Business with Individuals Loans to individuals Deposits of individuals RUB bn RUB bn +3.5% -2.3% 2,149 2,224 1,945 1,901 1,948 1,838 1,862 1,866 16% 1,718 18% 1,610 17% 18% 19% 46% 46% 49% 48% 50% 6% 6% 6% 7% 6% 82% 84% 6% 6% 7% 82% 83% 7% 81% 8% 37% 38% 41% 42% 36% 31-Mar-14 30-Jun-14 30-Sep-14 31-

  16. Slide 16: Investor Relations

    Investor Relations Tel: +7 (495) 775-71-39 e-mail: investorrelations@vtb.ru 16 © VTB 2015

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