Erste Bank Polska S.a. · GPW:EBP
Erste Bank Polska — Q1 2022 Earnings Presentation
37 slides from Erste Bank Polska's earnings presentation, Apr 26, 2022
Slide 1: Selected Financial Information on Santander Bank Polska Group for Q1 2022
Investor Relations Warsaw 26/4/2022 Selected Financial Information on Santander Bank Polska Group for Q1 2022
Slide 2: Agenda
Index Agenda Results 1. Our activities and our people 2. Our business development 3. Our customers 4. Our financial results More information 5. Attachments 2
Slide 3: Our activities and our people
Results for Q1 2022 Our activities and our people 01
Slide 4: Our communication
01 | Q1 2022 – Marketing Our communication ATL / TV Campaigns Campaigns promoting Account As I Want It with a mobile application that makes our customers daily lives Spots: Media • 30' spot about the mobile application and its unapparent functionalities that can make daily non-banking matters easier
Slide 5: Our people
01 | Q1 2022 – Our activities and our people Our people We care about employees during the pandemic and day-to-day work Our response to the pandemic We develop modern work tools In March, following the removal of coronavirus restrictions by the Ministry of Health, we invited In Q1, we implemente
Slide 6: Our business development
Q1 2022 Results Our business development 02
Slide 7: General operational data and key volumes
02 | Results for Q1 2022 – Our business development General operational data Key volumes SBP* SCB** gross loans 156 bn 11.5% +5% YoY Branches 376* 54** 187 bn deposits 11.3% +4% YoY Employment 9.5k 1.6k customer funds 201 bn Customers 5.5m 1.7m +2% YoY Digital Customers 3.1m 265k assets 246 bn +4% Y
Slide 8: Key financial results and financial ratios
02 | Results for Q1 2022 – Our business development Key financial results Financial ratios for Q1 2022 For Q1 2022 Key results Capital position ROE, ROA Strong capital position well above PLN 2 244m PLN 661m PLN 2 988m PLN 960m the KNF requirements +63% YoY +8% YoY +41% YoY +532% YoY +224% YoY on a
Slide 9: Our customers
Results for Q1 2021 Our customers 03
Slide 10: Our customers in numbers
03 | Results for Q1 2022 – Our customers Our customers in numbers* Retail customers SME customers Corporate customers 5.0m customers +5% YoY 483k customers +9% YoY 26.2k customers +5% YoY 20.7k digital 2.8m digital 323k digital +4% YoY customers +12% YoY customers +9% YoY customers 2.1m mobile 159k
Slide 11: New products and services
03 | Results for 1-3Q 2021 – Our customers New products and services Retail SME Corporate customers customers customers We implemented a new streamlined online We launched a number of special offers for We have enhanced credit workflow for cash loan process. businesses: corporate clients – we
Slide 12: Education and support for customers
03 | Results for Q1 2022 – Our customers Education and support for customers Retail Customers SME Customers In connection with the war in Ukraine, we have Together with the Polish Entrepreneurs a number of solutions to support our Ukrainian Foundation we organised a debate on BCB Customers custo
Slide 13: Selected business data
03 | Results for Q1 2022 – Our customers Selected business data Retail customers SME Customers BCB Customers CIB Customers +18% YoY PLN 2.2 bn +7% YoY PLN 1.3 bn +32% YoY +40% YoY +145% YoY +123% YoY Number of Cash loan Balance of Loans Transactional Income on eFX Income from cash Income from Accoun
Slide 14: Our financial performance
Results for Q1 2022 Our financial performance 04
Slide 15: Gross loans
04 | Results for Q1 2022 – Our financial performance Gross loans Comment Gross loans PLN m Structure of loans Santander Bank Polska S.A. +5% The loan portfolio increased by 5% YoY. Sales of mortgage loans in Q1 2022: -10% vs. Q4 148 773 147 212 150 399 152 252 155 598 9% 2021 and + 38% vs. Q1 20
Slide 16: Customer funds
04 | Results for Q1 2022 – Our financial performance Customer funds Comment Deposits Deposits Santander Bank Polska PLN m and term funding +4% An increase in customer funds by 4% YoY and by 1% QoQ. 185 373 187 320 9% 179 485 173 180 177 320 4% 5% Deposits 79 106 80 581 79 032 72 408 75 248 44% Tot
Slide 17: Net interest income and net interest margin
04 | Results for Q1 2022 – Our financial performance Net interest income and net interest margin Comment Net interest income PLN m Net interest income increased by 63% YoY. In Q1 2022 net interest income increased by 30% 2 244 1 731 328 vs. Q4 2021. 1 411 1 444 1 377 313 Interest income increa
Slide 18: Net fee and commission income
04 | Results for Q1 2022 – Our financial performance Net fee and commission income Comment Net fee and commission 661 PLN m 635 641 Net commission income increased by 8% income 611 600 43 35 46 50 46 98 YoY and by 3% QoQ. 108 96 99 108 Good results in accounts and transfer Other 136 137 140 fees
Slide 19: Income
04 | Results for Q1 2022 – Our financial performance Income Income PLN m 2 988 83 2 556 2 117 2 262 2 206 9 175 661 Comment 1 128 102 1 126 Dividends 148 641 The Group's total income in Q 1 2022 611 600 635 amounted to PLN 2,988 million and Gain/Loss on financing increased by 41% compared to Q1 20
Slide 20: Operating expenses
04 | Results for Q1 2022 – Our financial performance Operating expenses Operating expenses PLN m Comment 1 189 1 053 1 101 41 Total costs in Q1 2022 under the influence of Other operating expenses 33 910 926 124 133 148 35 46 143 regulatory levies (BFG). Regulatory costs 144 144 increased by 50% Y
Slide 21: Provisions and credit portfolio quality
04 | Results for Q1 2022 – Our financial performance Provisions and credit portfolio quality Cost of credit NPL and NPL coverage ratio 1,14% 0.99% 0.89% 0.76% 6.0% 5.8% 5.4% 5.0% 4.8% 0.58% 31.03.2021 30.06.2021 30.09.2021 31.12.2021 31.03.2022 Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Balance of prov
Slide 22: Banking tax and regulatory costs, NPL sales
04 | Results for Q1 2022 – Our financial performance Banking tax NPL sales and regulatory costs Amounts payable to the PLN m PLN m NPL sales BFG, KNF and KDPW 329 288 209 208 227 214 191 288 83 192 30 33 34 34 Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 SBP SCB Re
Slide 23: Results for Q1 2022
04 | Results for Q1 2022 – Our financial performance Results for Q1 2022 Results for Q1 2022 Comment On a Q1 2022 Q1 2021 % YoY comparative PLN m basis* In Q1, further increase in net interest income (30% QoQ and 63% vs.Q1 2021) and in net commission Net interest and fee income 2 905 1 987 46% 46%
Slide 24: Attachments
Attachments 05
Slide 25: Retail Banking - growth in lending activity
05 | Attachments Retail Banking - growth in lending activity PLN m Cash loans portfolio Mortgage loans +5% (gross) +2% portfolio (gross) YoY YoY 51 023 51 447 52 913 54 327 53 543 PLN mortgage loans 8 805 8 819 7 142 FX 9 170 8 732 portfolio: +11% YoY PLN FX mortgage loans 14 680 14 671 14 686 1
Slide 26: Santander Leasing
05 | Attachments Santander Leasing Portfolio bn PLN Market share 8,12%* Leasing portfolio at PLN 11.8 bn, +11% YoY , +11% Net sales value at PLN 1.6 bn, +1.6 % YoY, Excellent C/I at 32.5% 11 820 11 759 11 499 *Data on 28/02/2022 11 200 Santander Leasing was the first in the leasing industry to
Slide 27: Santander Factoring
05 | Attachments Santander Factoring Portfolio Market Share 9% 7 448 PLN m +15% 6 497 In Q1 2021, Santander Factoring maintained its first position on the market in terms of the balance sheet, reporting 15% YoY growth in 31.03.2021 31.03.2022 balances and a slight drop in the respective market sha
Slide 28: Capital and liquidity position
05 | Attachments Capital and liquidity position Santander Bank Santander Bank Polska S.A. Polska Group 18.12% 16.19% 20.89% 18.87% L/D ratio Capital ratios 71.93% 72.38% 71.54% 73,92% 70.10% 31.03.2022 31.03.2021 CAR TIER 1 31.03.2021 30.06.2021 30.09.2021 31.12.2021 31.03.2022 Santander Bank Santan
Slide 29: Key financial ratios
05 | Attachments Key financial ratios Q1 2021 - Santander Bank Polska Group Selected financial ratios of Santander Bank Polska Group Q1 2022 Q1 2021 Cost/ income 39.8% 49.7% Net interest income/ total income 75.1% 65,0% Net interest margin 1) 4.02% 2.56% Net fee and commission income/ total income 2
Slide 30: Key financial ratios
05 | Attachments Key financial ratios 1) Net interest income annualised on a year-to-date basis (excluding interest income from the portfolio of debt securities held for trading and other exposures related to trading) to average net earning assets as at the end of consecutive quarters after the end
Slide 31: Santander Consumer Bank Group
05 | Attachments Santander Consumer Bank Group Loans PLN m Gross loans 31.03.2022 31.03.2021 YoY (%) QoQ (%) 17 259 16 902 17 124 17 350 16 830 3 049 2 904 2 895 2 894 2 427 Retail customers 13 143 13 652 -4% -5% 3 607 3 612 3 525 3 539 3 687 Hipoteczne Mortgage loans 2 427 3 049 -20% -16% 10 603 10
Slide 32: Santander Consumer Bank Group
05 | Attachments Santander Consumer Bank Group Key financial results for Q1 2022 PLN m Q1 2022 Q1 2021 Assets 19 615 19 530 Net loans 15 024 15 267 Deposits 8 814 8 923 Total equity 3 916 3 833 PAT 146 61 L/D (%) 170.4% 171.1% C/I (%)* 47.3% 56.5% ROE (%) 15.1% 6.4% ROA (%) 2.9% 1.2% TCR (%)** 27.1%
Slide 33: Environmental: supporting the green transition
05 | Attachments Continuation of the implementation of ESG to build a more responsible bank Environmental: Social: building a Governance: doing supporting the more inclusive business the right green transition society way The most 219 k 1 GW RES EUR 106,5 m Ethical ESG criteria Ukrainian clients fin
Slide 34: Main aid activities & support for employees and refugees from Ukraine
05 | Attachments Main aid activities & support for employees and refugees from Ukraine Free international money transfers to/from Ukraine (also for SMEs) Clients with Ukrainian citizenship Suspension of account maintenance and card fees (also for SME accounts and debit cards) Simplification of
Slide 35: Main charity initiatives for refugees from Ukraine
05 | Attachments Main charity initiatives for refugees from Ukraine Humanitarian Corridors “Podwójna Moc Warsaw-Madrid Pomagania” Santander Lviv – Nadarzyn matches private donation In cooperation with the Spanish Ministry of Total amount collected: Integration, Social Security and Migration and the
Slide 36: Thank You.
Thank You. Contact details Our purpose is to help people and business prosper. Maciej Reluga CFO, Chief Economist Our culture is based on believing maciej.reluga@santander.pl that everything we do should be: Agnieszka Dowżycka Head of Investor Relations agnieszka.dowzycka@santander.pl
Slide 37: Disclaimer
Disclaimer 1. This presentation may contain forward-looking statements including, without limitation, statements concerning future business development and financial performance. These forward-looking statements: represent our judgment and future expectations concerning the development of our busi