Mystate Limited · ASX:MYS
Mystate — ASX CEO Connect (February 2020)
14 slides from Mystate's conference presentation, Feb 25, 2020
Slide 1: ASX CEO Connect
MyStateW Limited ASX CEO Connect
Slide 2: Corporate Profile, Strategy, Key Highlights 1H20, Summary
Corporate Profile Strategy Key Highlights 1H20 Summary
Slide 3: Corporate profile
Corporate profile MyStateW Limited MyState is a leading regional bank with Banking and Wealth Management operations ° ASX listed company ° Market capitalisation of c. $525m ° ¢. 64,000 shareholders * Consistent dividend returns Geographic home loan book spread NT 9 0.1% OLD WA 16.8% 1.6% SA 0.8% Con
Slide 4: For personal use only
For personal use only 2H 1H MyState ASX300 Banks Acc
Slide 5: Our strategic priorities
MyStateW 02 Strategy Limited Our strategic priorities ~ Our PURPOSE To help people achieve their dreams Our MISSION To make financial services simple and trustworthy Our VISION We want to make a genuine difference to our customers and communities every day Our GOAL is to be Simple, relevant and easy
Slide 6: Modernised product offering
MyStateW 02 Strategy Limited Modernised product offering FH GF 2020 @ee¢ , Cc May 2017 April 2017 June 2017 December 2019 Single Core Origination Engine ontact centre system Online mortgage origination April 2017 May 2017 February 2018 February 2020 CRM IB, mobile & New Payments Platform Online mana
Slide 7: Key highlights
Key highlights ce FINANCIAL +5.4% Net profit after tax DIGITAL Se Customer uptake of internet and mobile banking increasing Os customer transactions 8 9 % performed online or on a mobile device +9.1% Net interest income MyState 7 03 Key Highlights 1H20 Limited = CUSTOMER +40 Strong and consistent cu
Slide 8: Results summary
MyStateW Noi epresent statute 1 Results summary (i Positive jaws in 1H with revenue growth exceeding cost growth leading to a lower cost to income ratio KY A Return on average equity increased on pcp to 9.3 % which compares favourably to regional bank peers XY ipare 1H20 to 1H19 ntinued operations u
Slide 9: Quality, low risk loan book
MyStateW 03 Key Highlights 1H20 Limited Quality, low risk loan book Home loan book — LVR profile ($b) Emphasis on maintaining quality lending growth $0.20 20 amidst strong competition Ps035| $0.37 $0.35 18% Loan book growth eased in the half; offset by . . $0.39 increases in NIM Approved as a provid
Slide 10: Funds Management Trustees
For personal use only Funds Management Trustees
Slide 11: Sector overview
Sector overview Industry dynamics l Regulatory dynamics jig l] We have a low mojo economy: Regulatory intensity and scrutiny high and sustained * Low and falling interest rates Competitive landscape still unbalanced: * Low economic growth... and for longer 1. Risk weighted asset and capital differen
Slide 12: Summary: Platform for continued growth
MyStateW Limited 04 Summary Platform for continued growth What we've achieved Selected as 2 Transition of funds panelist on the management to a new 5 7 eee Federal Government's Ed digital platform ¢ = First Home Loan powered by Link Deposit Scheme Market Services Loan book 59% mainland and proportio
Slide 13: Outlook
MyState 7 04 Summary Limited Outlook Revenue growth through: Significant robotics technology now in use with more to come reducing * Bank balance sheet growth : operating costs. fl * Focused margin management Re-engineering cost base, reducing * FUM growth via mainland distribution 2 = headcount and
Slide 14: Disclaimer
Disclaimer => Summary Information This Presentation contains summary information about MyState and its activities current as at the date of this Presentation. The information is subject to change without notice and does not purport to be complete or comprehensive. It does not purport to summarise al