Tisco Financial Group Public Co. Ltd. · SET:TISCO
Tisco Financial Group Public — FY2022 Earnings Presentation
21 slides from Tisco Financial Group Public's earnings presentation, Jan 16, 2023
Slide 1: TISCO Financial Group Analyst Meeting FY2022
TISCO Financial Group Public Co., Ltd. Analyst Meeting FY2022 January 16, 2023
Slide 2: Consolidated Income Statements
Consolidated Income Statements Unit : Million Baht 4Q21 3Q22 4Q22 % QoQ % YoY 2020 2021 2022 % YoY Interest Income 3,617 3,755 3,977 5.9 9.9 16,757 14,792 14,904 0.8 Interest Expenses (510) (533) (633) 18.7 24.1 (3,659) (2,332) (2,171) (6.9) Net Interest Income 3,108 3,221 3,344 3.8 7.6 13,098 12,46
Slide 3: Assets and Liabilities
Assets and Liabilities Assets Liabilities Unit: Million Baht Unit: Million Baht +3.7% +8.9% +3.6% +10.0% QoQ YoY QoQ YoY Unit : Million Baht 2021 3Q22 2022 % QoQ % YoY Unit : Million Baht 2021 3Q22 2022 % QoQ % YoY Loans 202,950 213,188 219,004 2.7 7.9 Deposits & 174,864 192,037 198,983 3.6 13.8 Bor
Slide 4: Loan Portfolios
Loan Portfolios Total Loans Unit: Million Baht +1.6% +2.7% +7.9% Retail Loans QoQ QoQ YoY +0.5% YoY +1.3% QoQ Corporate Loans +23.9% YoY Loans by sectors +17.4% QoQ SME Loans +68.8% YoY 4
Slide 5: Retail Loan Portfolio Breakdown
Retail Loan Portfolio Breakdown Unit: Million Baht +1.6% QoQ +0.5% YoY +0.8% QoQ -3.5% YoY +4.8% QoQ +14.8% YoY +4.2% QoQ -3.6% QoQ -1.2% QoQ +12.1% YoY -14.3% YoY +0.6% YoY 5
Slide 6: TISCO Auto Cash
TISCO Auto Cash Auto Cash Loans Unit: Million Baht Auto Cash +4.8% +14.8% QoQ YoY Loan Generated Somwang +9.7% +26.0% QoQ YoY through 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 TISCO’s Auto HP Penetration Rate TISCO’s Penetration Rate (%) Industry Car Sale (‘000 units) Industry Car Sale +14.7% 11M YoY 7
Slide 8: Interest Income & NIM
Interest Income & NIM Yield on Loans Net Interest Income Unit: Million Baht +2.2% Loan Spread YoY +3.8% +7.6% QoQ YoY Cost of Funds 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 2021 3Q22 2022 NPLs by Loan Types Million Baht % Million Baht % Million Baht % Corporate 19 0.1 - - - - SME 66 0.8 100 0.8 87 0.6 Hire Purchase 2,682 2.4 2,413 2.2 2,606 2.4 Mortgage 1,0
Slide 10: Debt Relief Programs
Debt Relief Programs Outstanding Loans under Debt Relief Programs at the end of December 2022 % to total loans Outstanding Soft Loans for SME Unit: Million Baht 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 +3.6% +13.8% QoQ YoY Unit : Million Baht 2021 3Q22 2022 % QoQ % YoY Current 2,162 2,255 1,821 (19.2) (15.8) Savings 46,932 46,207 42,930 (7.1) (8.5) Fixed Deposits 117,448 134,078 143,515 7.0 22.2 Short-Term Bill of Exchanges 37 37 37 - - Senior Debentures 8,
Slide 13: Non-Interest Income
Non-Interest Income Non-Interest Income from Core Businesses Non-Interest Income from Core Businesses Breakdown Data as of FY2022 Unit: Million Baht -1.1% YoY +10.3% +12.2% QoQ YoY Unit : Million Baht 4Q21 3Q22 4Q22 % QoQ % YoY 2021 2022 % YoY Ba nki ng Fee 824 862 975 13.2 18.3 3,049 3,458 13.4 Ban
Slide 14: Asset Management Business
Asset Management Business Assets Under Management Rank #1 Unit: Million Baht +4.6% +3.7% Provident Fund QoQ YoY +4.0% QoQ +9.0% YoY Rank #13 Mutual Fund +3.6% QoQ -19.9% YoY Rank #9 Rank #5 Private Fund +7.7% QoQ +9.0% YoY *Remark: Market Share and Rankings as of November 2022 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 +4.5% Cost to Income Ratio YoY +1.5% +9.5% QoQ YoY Unit : Million Baht 4Q21 3Q22 4Q22 % QoQ % YoY 2021 2022 % YoY Empl oyee Expens es 1,504 1,511 1,548 2.4 2.9 5,727 6,107 6.6 Premi s es & Equi pment Expens es 338 345 357 3.4 5.6 1,339 1,365 2
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: TISCO Business Strategy 2023
TISCO Business Strategy 2023 Reviving Boost Fee Improve Drive Loan Growth Income Competitiveness Sustainability Boost fee-based Enhance digital Be a reliable Focus on growth income and expand platform and utilize financial institution in secured loans client base in capital new innovation to with go
Slide 20: 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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