Tisco Financial Group Public Co. Ltd. · SET:TISCO
Tisco Financial Group Public — FY2021 Earnings Presentation
20 slides from Tisco Financial Group Public's earnings presentation, Jan 14, 2022
Slide 1: Analyst Meeting FY2021
TISCO Financial Group Public Co., Ltd. Analyst Meeting FY2021 January 14, 2022
Slide 2: Consolidated Income Statements
Consolidated Income Statements Unit : Million Baht 4Q20 3Q21 4Q21 % QoQ % YoY 2020 2021 % YoY Interest Income 4,000 3,644 3,617 (0.7) (9.6) 16,757 14,792 (11.7) Interest Expenses (740) (551) (510) (7.5) (31.2) (3,659) (2,332) (36.3) Net Interest Income 3,259 3,093 3,108 0.5 (4.7) 13,098 12,460 (4.9)
Slide 3: Assets and Liabilities
Assets and Liabilities Assets Liabilities Unit: Million Baht Unit: Million Baht -0.4% -11.6% -1.4% -14.2% QoQ YoY QoQ YoY Unit : Million Baht 2020 3Q21 2021 % QoQ % YoY Unit : Million Baht 2020 3Q21 2021 % QoQ % YoY Loans 224,812 204,408 202,950 (0.7) (9.7) Deposits & 209,679 177,135 174,864 (1.3) (
Slide 4: Loan Portfolios
Loan Portfolios Total Loans Unit: Million Baht -0.7% -9.7% -1.6% YoY Retail Loans QoQ QoQ -10.8% YoY +2.8% Corporate Loans QoQ -4.4% YoY Loans by sectors -1.9% QoQ SME Loans -15.6% YoY 4
Slide 5: Retail Loan Portfolio Breakdown
Retail Loan Portfolio Breakdown Unit: Million Baht -1.6% QoQ -10.8% YoY -2.5% QoQ -13.2% YoY +2.2% QoQ -0.2% QoQ -6.5% YoY -3.4% QoQ -1.7% YoY +2.6% QoQ -13.9% YoY +5.5% YoY 5
Slide 6: TISCO Auto Cash
TISCO Auto Cash Auto Cash Loans Unit: Million Baht Auto Cash -0.2% -6.5% QoQ YoY Somwang +3.4% -0.7% Loan Generated through QoQ YoY Somwang channel Somwang Loans vs NPLs Somwang Branches Unit: Million Baht 6
Slide 7: Industry Car Sale & Penetration Rate
Industry Car Sale & Penetration Rate Industry New Car Sale Units 110,000 80,000 50,000 20,000 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec TISCO’s Auto HP Penetration Rate TISCO’s Penetration Rate (%) Industry Car Sale (‘000 units) Industry Car Sale -2.9% 11M YTD 7
Slide 8: Interest Income & NIM
Interest Income & NIM Yield on Loans Net Interest Income Unit: Million Baht -4.9% Loan Spread YoY +0.5% -4.7% Cost of Funds QoQ YoY Loan Spread NIM 8
Slide 9: Asset Quality
Asset Quality Loan Classification Non-Performing Loans Unit: Million Baht Unit: Million Baht NPLs Stage 2 Stage 1 2020 3Q21 2021 NPLs by Loan Types Million Baht % Million Baht % Million Baht % Corporate - - - - 19 0.1 SME 64 0.6 80 0.9 66 0.8 Hire Purchase 3,268 2.6 3,452 3.0 2,682 2.4 Mortgage 986
Slide 10: Debt Relief Programs
Debt Relief Programs The outstanding loans under debt relief programs at the end of December 2021 % to total loans Soft loans for SMES 10
Slide 11: Expected Credit Loss
Expected Credit Loss Expected Credit Loss Unit: Million Baht Allowance for ECL Unit: Million Baht TFRS 9 Coverage Ratio Excess Reserve General Provision Expected Credit Loss (ECL) Specific Provision 11
Slide 12: Funding
Funding Total Funding Unit: Million Baht -1.3% -16.6% QoQ YoY Unit : Million Baht 2020 3Q21 2021 % QoQ % YoY Current 3,200 2,221 2,162 (2.7) (32.4) Savings 50,320 47,656 46,932 (1.5) (6.7) Fixed Deposits 149,953 118,937 117,448 (1.3) (21.7) Short-Term Bill of Exchanges 37 37 37 - - Senior Debentures
Slide 13: Non-Interest Income
Non-Interest Income Non-Interest Income from Core Businesses Non-Interest Income from Core Businesses Breakdown Data for 2021 Unit: Million Baht +2.2% YoY +11.3% -7.8% QoQ YoY Unit : Million Baht 4Q20 3Q21 4Q21 % QoQ % YoY 2020 2021 % YoY Banking Fee 847 675 837 24.0 (1.2) 3,320 3,061 (7.8) Bancassu
Slide 14: Asset Management Business
Asset Management Business Assets Under Management Rank #1 Unit: Million Baht +2.5% +13.3% Provident Fund QoQ YoY +3.1% QoQ +10.3% YoY Rank #13 Mutual Fund -2.4% QoQ +25.7% YoY Rank #8 Rank #6 Private Fund +5.7% QoQ +12.7% YoY *Remark: Market Share and Rankings as of November 2021 14
Slide 15: Brokerage Business
Brokerage Business TISCO Trading Volume & Market Share Unit: Million Baht Trading Volume by Customers 15
Slide 16: Operating Expenses
Operating Expenses Operating Expenses Unit: Million Baht +3.3% YoY Cost to Income Ratio +10.6% +2.7% QoQ YoY Unit : Million Baht 4Q20 3Q21 4Q21 % QoQ % YoY 2020 2021 % YoY Employee Expenses 1,387 1,349 1,504 11.5 8.4 5,288 5,727 8.3 Premises & Equipment Expenses 316 331 338 2.1 6.8 1,273 1,339 5.2 T
Slide 17: Capital Adequacy
Capital Adequacy Capital Base of TISCO Bank Unit: Million Baht Capital Adequacy Ratio BIS Ratio Tier I Ratio Min. Required by BOT 11.0% BIS Ratio 8.5% Tier I Ratio *Remark: Projected figures 17
Slide 18: Employees and Branch Network
Employees and Branch Network Total Employees Number of Employees Total Branch Network Somwang Loan Offices Bank Branches 18
Slide 19: Investor Relations
Investor Relations TISCO Financial Group Public Company Limited 48/49 TISCO Tower, North Satorn Road, Silom, Bangrak, Bangkok, 10500, Thailand +(66) 2633 6868 +(66) 2633 6855 ir@tisco.co.th www.tisco.co.th Disclaimer This presentation material may contain forward-looking statements. These forward-lo
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