Allied Bank Limited · PSX:ABL
Allied Bank — 9M 2023 Earnings Presentation
21 slides from Allied Bank's earnings presentation, September 2023
Slide 1: Financial Presentation – September 2023
Financial Presentation – September 2023
Slide 2: Contents
Contents 3-4 10 ABL at Glance Deposits & Economic Highlights 5-7 11 Major Highlights Key Ratios & Balance Sheet Channels Income Statement 8 12 Investments Stock Market Information 9 13-18 Advances & Asset Quality Ratings / Annexure
Slide 3: ABL at Glance
ABL at Glance Corporate Domestic ATMs:1,569 Branches: 1,474 Governance On-site: 1,316 Rep Offices:2 Rating Conventional: 1,344 Off-site: 248 Islamic: 122 UAE-Dubai MBU: 5 CGR 9++ China-Beijing Digital: 8 Entity Credit Overseas Digital Touch Subsidiary Rating Branches: 2 Points ABL Asset Long Term: A
Slide 4: Economic Highlights
Economic Highlights Workers Remmittances- US$ Million 3,500 3,000 2,500 2,000 1,500 1,000 500 0 Sep-22 Oct-22 Nov-22 Dec -22 Jan-23 Feb-23 Mar-23 Apr-23 May-2 3 Jun-23 Jul-23 Aug-23 Sep-23 2022-23 2021-22 Export & Import- US$ Million TD Trade Deficit & Current Account CAD 6,000 - 800 5,000 600 (500)
Slide 5: Highlights Financial Position (Assets)
Highlights Financial Position (Assets) (Rs. in Billion) 2,500 200 Net Advances 95% 39% Net Investments 100 2,000 -7% -10% Rs.757 1,500 113 -76 64 0 -100 Rs.1,047 2,251 -88 2,263 1,000 -200 Net Advances -300 reached at Rs. 757 500 -400 billion as on Sep 30, Net Investments 2023; decreased by - -500 r
Slide 6: Highlights Financial Position (Liabilities)
Highlights Financial Position (Liabilities) (Rs. in Billion) Deposits Total Equity 12% Rs.1,704 Rs.151 -42% 41% CASA Sep’23 Stood 182 29 at: 81% Total Equity stood at 2,123 2,113 Deposits aggregated Rs. 151 billion; to reach at Rs. 1,704 increased by 18% -221 billion; increased by (Dec 2022: Rs. 128
Slide 7: Highlights Income Statement
Highlights Income Statement Net Interest Income (Rs. in Million) Rs.80,985 Profit before Tax 78% Net Interest Income Rs.57,824 (NII) stood at Rs. 80,985 million during period under review; increased by Profit before Tax 78% reached at -1% 25% 464% 43% Rs. 57,824 million; Fee & Commission increased b
Slide 8: Investments
Investments (Rs. in Million) Investments Sep'23 Dec'22 Var. Growth Pakistan Investment Bonds 982,575 973,128 9,448 1% Market Treasury Bills 14,801 100,237 (85,435) -85% Listed and Unlisted Shares 15,397 18,644 (3,247) -17.4% TFCs, Bonds, Sukuks and Mutual Funds 71,734 64,743 6,991 11% Subsidiary 500
Slide 9: Advances & Asset Quality
Advances & Asset Quality NPLs (Rs. in Billion) Rs.13.3 Gross • NPLs at Rs.13.3 Advances billion (2%↑) • NPL Ratio 1.73% Rs. 770 (0.20%↑); Industry Jun’23: 7.4% Gross advances • Specific NPL stood at Rs.770 Coverage 96.0% billion (10%↓) (6.4%↑) & (Industry Overall NPL advances;0.5%↓) Coverage at 98.1
Slide 10: Deposits
Deposits (Rs. in Billion) Market Share: 6.5% Particulars Sep' 23 Dec' 22 Var (%) Current 699 609 15% Industry Growth: 17.1% Saving 681 592 15% Term 325 321 1% ABL CASA Mix: 81% Total Deposits 1,704 1,522 12% 1,704 1,522 1,413 1,217 985 1,049 1,380 805 883 1,189 1,201 735 1,062 608 611 515 809 868 40
Slide 11: Key Ratios & Channels
Key Ratios & Channels Key Ratios Particulars Sep'23 Dec'22 Variance Return on Assets (%) 1.7% 1.0% 0.7% Return on Equity (Tier I) (%) 28.6% 18.4% 10.2% Capital Adequacy Ratio (%) 22.61% 19.74% 2.87% Channels Sep' 23 Dec' 22 Growth Total Branches 1,474 1,453 21 Conventional 1,352 1,336 16 Islamic 122
Slide 12: Stock Market Data
Stock Market Data Pakistan Stock Exchange Code: ABL Allied Bank Limited (ABL) Stock Price vs Market - Trend 10.0% Bloomberg Code: ABL PA 5.0% 0.0% Shares Outstanding (mln): 1,145.07 -5.0% Sep -22 Oct-22 No v-2 2 Dec -2 2 Jan- 23 Feb- 23 Mar-23 Ap r- 23 May- 23 Jun -23 Jul- 23 Au g-23 Sep -23 -10.0%
Slide 13: Corporate Governance & Ratings
Corporate Governance & Ratings Entity CGR Deposits Rating PACRA VIS Credit Rating Moody’s Company • AAA (Long Term) • CGR-9++ (Corporate Governance • Caa3/NP • A1+ (Short Term) Rating) • Outlook Stable, in line with • A very low expectation of • Very high level of corporate Stable outlook on the cre
Slide 14: Annexures
Annexures AnnexurePakistan A Digital Statement of Financial Awards 2020 Position - Standalone 1. Best Mobile Annexure B Banking App Awards Statement of Financial Position - Consolidated 2. Best Digital Annexure Innovation C Award 3. Best -App Income Statement and Web Standalone Enabled Market Annexu
Slide 15: Statement of Financial Position : Standalone
Statement of Financial Position : Standalone Rs. in Million US$ in Million ASSETS Growth Sep'23 Dec'22 Variance Sep'23 Dec'22 Variance Cash and Balances with Banks 133,547 91,353 42,194 464 317 147 46% Lending to FIs 99,121 28,222 70,899 344 98 246 251% Investments - net 1,046,972 1,123,117 (76,145)
Slide 16: Statement of Financial Position : Consolidated
Statement of Financial Position : Consolidated Rs. in Million US$ in Million ASSETS Growth Sep'23 Dec'22 Variance Sep'23 Dec'22 Variance Cash and Balances with Banks 133,547 91,344 42,203 464 317 147 46% Lending to FIs 99,121 28,222 70,899 344 98 246 251% Investments - net 1,050,261 1,126,717 (76,45
Slide 17: Income Statement : Standalone
Income Statement : Standalone Rs. in Million US$ in Million Particulars Growth Sep'23 Sep'22 Variance Sep'23 Sep'22 Variance Mark-up and Interest Income 264,341 147,552 116,789 919 513 406 79% Mark-up and Interest Expensed 183,356 102,110 81,245 637 355 282 80% Net Mark-up and interest Income 80,985
Slide 18: Income Statement : Consolidated
Income Statement : Consolidated Rs. in Million US$ in Million Particulars Growth Sep'23 Sep'22 Variance Sep'23 Sep'22 Variance Mark-up and Interest Income 264,046 147,560 116,486 918 513 405 79% Mark-up and Interest Expensed 183,385 102,121 81,264 637 355 282 80% Net Mark-up and interest Income 80,6
Slide 19: Disclaimer
Disclaimer The information being presented herein is solely for your information. Except for the historical information, statements that describe the Bank’s objectives, plans or goals discussed in Investor Conference Call are forward looking statements. These forward looking statements involve a num
Slide 20: Contact Us
Contact Us Sikander Ali Khan Contact No. Unit Head Strategic +92-42-35880043 Planning, Finance Ext: 32637 e-mail. Investor.Relations@abl.com 20/21
Slide 21: Thank You