Tisco Financial Group Public Co. Ltd. · SET:TISCO

Tisco Financial Group Public — Q1 2013 Earnings Presentation

20 slides from Tisco Financial Group Public's earnings presentation, Apr 18, 2013

  1. Slide 1: TISCO Financial Group Analyst Presentation 1Q/2013

    TISCO Financial Group Public Co., Ltd. Analyst Presentation 1Q/2013 18 April 2013 1

  2. Slide 2: Consolidated Income Statements

    Consolidated Income Statements Unit: Million Baht 1Q12 4Q12 1Q13 %QoQ %YoY Interest income 3,413 4,241 4,467 5.3 30.9 Interest expense (1,848) (2,313) (2,364) 2.2 27.9 Net interest income 1,566 1,928 2,103 9.1 34.3 Fee and service income* 971 1,345 1,639 21.9 68.9 Fee and service expenses (60) (111)

  3. Slide 3: Assets and Liabilities

    Assets and Liabilities Assets Liabilities Unit: Million Baht 9.8%QoQ Unit: Million Baht 10.1%QoQ 36.9%YoY 38.8%YoY 319,015 299,484 290,497 272,117 Other Liabilities Other assets 232,980 215,794 Debentures Interbank & MM 88% 88% Interbank & MM 85% 84% Investments 83% 84% Deposits & ST Borrowings Loan

  4. Slide 4: Loan Portfolio

    Loan Portfolio Total Loan Portfolio Unit: Million Baht 7.4%QoQ 37.1%YoY 266,785 248,316 Other Loans 194,561 16% 17% SME Loans 17% 71% 71% Corporate Loans 72% Retail Loans 1Q12 4Q12 1Q13 Retail Loans SME Loans Corporate Loans Unit: Million Baht 8.0%QoQ Unit: Million Baht 15.1%QoQ Unit: Million Baht 5

  5. Slide 5: Retail Loan Portfolio

    Retail Loan Portfolio Retail Loan Breakdown 1Q12 4Q12 1Q13 HP New Car, HP New Car, HP New Car, 73.3% 73.0% 72.6% Consumer Consumer Consumer Finance, 6.0% Finance, 6.1% Finance, 6.0% Motorcycle HP, Motorcycle HP, Motorcycle HP, 1.4% 1.3% 1.3% Others, 1.0% Others, 0.8% Others, 0.8% HP Used Car, HP Use

  6. Slide 6: Industry Car Sales and Penetration Rate

    Industry Car Sales and Penetration Rate Industry New Car Sales Units 160,000 2010 120,000 2011 80,000 2012 40,000 2013 - Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec TISCO Auto HP Penetration Rate No. of New Car Sales ('000 Units) Penetration Rate (%) 1,436 11.2% 11.0% 9.0% 8.6% 9.1% 8.4% 8.1% 80

  7. Slide 7: Loan Spread and Net Interest Margin

    Loan Spread and Net Interest Margin Yield on Loans and Cost of Funds 7.3 7.1 6.7 6.9 6.6 6.7 6.8 6.8 6.7 6.5 % Yield on loans 4.8 4.8 % Loan spread 3.7 3.7 3.7 3.7 3.8 3.7 3.6 3.4 3.6 2.3 % Cost of funds 1.9 3.1 3.0 3.1 3.1 3.0 3.0 3.1 2008 2009 2010 2011 2012 1Q12 2Q12 3Q12 4Q12 1Q13 Remark: Cost o

  8. Slide 8: Asset Quality

    Asset Quality NPL and NPL Ratio Unit: Million Baht Total NPL % NPL 1.8% 1.4% 1.2% 1.4% 1.3% 1.2% 1.3% 1.2% 3,404 3,099 3,099 2,654 2,612 2,820 2,761 2,712 2010 2011 2012 1Q12 2Q12 3Q12 4Q12 1Q13 1Q12 4Q12 1Q13 NPL by Loan Type (Million Baht) (%) (Million Baht) (%) (Million Baht) (%) Corporate 402 1.

  9. Slide 9: Provisions

    Provisions Provision Expense and Credit Cost Unit: Million Baht Provision expense (Million Baht) % Credit cost 1.5% 1.5% 1.2% 0.9% 0.8% 0.9% 1.0% 0.5% 1,947 1,922 1,283 940 591 532 539 260 2010 2011 2012 1Q12 2Q12 3Q12 4Q12 1Q13 Minimum Required Provision vs Actual Provision Unit: Million Baht Minim

  10. Slide 10: Deposits

    Deposits Total Deposits & Bill of Exchanges Unit: Million Baht 9.7% QoQ 42.2% YoY 262,587 239,458 5% LT Bill of Exchanges 6% 184,639 ST Debentures 79% 84% ST Bill of Exchanges 71% Fixed Deposits 10% CASA 13% 13% 11% 1Q12 4Q12 1Q13 Unit: Million Baht 1Q12 4Q12 1Q13 %QoQ %YoY Current 3,400 2,762 2,123

  11. Slide 11: Non-Interest Income

    Non-Interest Income Non-Interest Income from Core Businesses Non-Interest Income Breakdown Unit: Million Baht 23.3% YoY 20.8% QoQ 4,443 70.1% YoY IB, 0.3% 3,603 Bancassurance, Brokerage, 18.0% Banking Fee 45.7% 70.5% 1,622 HP Related, 6.5% 1,343 954 AM, 11.1% Other Banking, 18.3% 2011 2012 1Q12 4Q12

  12. Slide 12: Asset Management Business

    Asset Management Business TISCO Asset under Management Unit: Million Baht 2.7% QoQ 8.6% YoY Rank #8 152,724 156,923 144,488 22% 22% 28% Private Fund 16% 17% 12% Mutual Fund 60% 62% 61% Provident Fund 1Q12 4Q12 1Q13 Provident Fund Private Fund Mutual Fund Unit: Million Baht 1.0% QoQ Unit: Million Bah

  13. Slide 13: Brokerage Business

    Brokerage Business TISCO Trading Volume and Market Share TISCO Volume (Million Baht) Market share (%) 408,339 3.8% 333,211 321,303 3.1% 3.0% 3.1% 2.9% 2.7% 2.6% 2.6% 3.1%* 205,877 144,445 82,899 82,653 98,342 2010 2011 2012 1Q12 2Q12 3Q12 4Q12 1Q13 Remark: * Market share excluded Big Lot in 4Q12 TIS

  14. Slide 14: Operating Expenses

    Operating Expenses Cost to Income Ratio Cost to Total Assets Ratio Cos t-to-i ncome Cos t-to-income net * Cost to tota l a s s ets Cos t to total a s s ets - net * 51.7% 48.9% 49.6% 44.6% 46.0% 42.7% 43.6% 43.2% 41.4% 37.5% 2.2% 2.2% 2.5% 2.5% 2.3% 2.0% 2.0% 2.0% 1.8% 1.7% 2011 2012 1Q12 4Q12 1Q13 2

  15. Slide 15: Capital Adequacy

    Capital Adequacy Capital Adequacy Ratio of TISCO Bank 15.2% 14.9% 14.6% 14.3% 13.3% 13.6% 13.3% 12.9% 11.3% 9.9% 9.0% 9.6% 9.4% 9.0% 9.0% 8.3% 22,006 22,819 Capital Base (MB) 22,006 20,897 18,984 19,937 18,493 16,227 BIS Ratio (%) Tier I (%) 2010 2011 2012 1Q12 2Q12 3Q12 4Q12 1Q13 Remark: * Upgraded

  16. Slide 16: Interest Rate Risk

    Interest Rate Risk Duration of Assets and Liabilities Unit: Years Assets Liabilities Duration Gap 1.57 1.53 1.56 1.48 1.54 1.48 1.51 1.48 1.07 0.94 0.91 0.96 0.94 0.88 0.89 0.86 0.71 0.65 0.59 0.64 0.54 0.55 0.54 0.46 2010 2011 2012 1Q12 2Q12 3Q12 4Q12 1Q13 16

  17. Slide 17: Employee and Branch Network

    Employee and Branch Network Total Branch Network No. of Employee 91 87 87 3,824 3,679 3,679 79 3,395 3,515 3,584 71 3,335 3,055 63 57 48 2010 2011 2012 1Q12 2Q12 3Q12 4Q12 1Q13 2010 2011 2012 1Q12 2Q12 3Q12 4Q12 1Q13 17

  18. Slide 18: Disclaimer

    Disclaimer This presentation material may contain forward-looking statements. These forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ from those in the forward looking statements as a result of various factors. TISC

  19. Slide 19: Investor Relations

    Investor Relations TISCO Financial Group Public Company Limited 48/2 TISCO Tower, North Sathorn Road Silom, Bangrak, Bangkok 10500 Thailand Tel: +66-2-633-6868 Fax: +66-2-633-6855 Email: ir@tisco.co.th Website: www.tisco.co.th 19

  20. Slide 20: TISCO - Wealth of Possibilities

    . TiS Wealth of Possibilities

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