Banca Ifis S.p.a. · MIL:IF
Banca Ifis — 9M 2014 Earnings Presentation
10 slides from Banca Ifis's earnings presentation, 2014
Slide 1: Nine Months Results 2014
3014 @ GruppoBancalFIS NINE MONTHS RESULTS VALUE TO YOUR BUSINESS 7 ® GruppoBancalFIS
Slide 2: Highlights
HIGHLIGHTS (million Euro) Net profit 74,2 (67,1 at 9 months 2013) +10,5% Equity 418,3 (380,3 at 31/12/2013) +10,0% Funding 7.950,1 (10.844,1 at 31/12/2013) 26,7% Loans 2.588,0 (2.296,9 at 31/12/2013) +12,7% GROUP KPIs 2014 2013 at 30/09/2014 Credit quality cost 189 b.p. 333 b.p. Cost/income ratio 33
Slide 3: Net Banking Income
NET BANKING INCOME (million Euro) Trade receivables sector Clients +14,2% vs September 2013 Turnover 5,8 +48,6% 210,8 (194,1 at 30/09/2013) Trade receivables 2014 2013 +8,6% % change 30/9 2014/2013 KPIs MDI/ Turnover 2,0% 2,3% MDI/ Loans 8,6% 7,8% Breakdown 9 months Trade Tax MDI 2014 DRL G&S Data R
Slide 4: Net Result of Financial Operations
NET RESULT OF FINANCIAL OPERATIONS (million Euro) Net provisions Equal to 29,7 vs 34,6 in the first 2014 nine months 181,1 (159,6 at 30/09/2013) VS 2013 +13,5% % change 30/09 2014 / 2013 Group KPI 2014 2013 Credit 189 bp 333 bp quality cost 9 months Trade Tax DRL G&S data receiv. receiv. Credit qual
Slide 5: Net Profit
NET PROFIT (million Euro) 74,2 (67,1 at 30.09.2013) Group 2014 2013 +10,5% % change 2014 / 2013 KPI Credit quality 189 bp 333 bp cost Cost/Income 210,8 29,7 33,1% 28,3% ratio 69,7 Tax Rate 33,4% 35,9% 37,2 74,2 NBI Provisions Operationg costs Taxes Net profit 5
Slide 6: Balance Sheet – Asset Structure
BALANCE SHEET – ASSET STRUCTURE (million Euro) % change 30.09.2014 vs 31.12.2013 Loans to customers of which 2.143,3 CC Total 2.588,0 +12,7% 166,8 DRL 114,4Tax rec. assets Other Financial Assets (AFS + HTM) 8.519,2 5.509,8 -34,0% Portfolio of Italian government bonds 3% 2% 5.507,9 30% 65% Due from b
Slide 7: Credit Quality
CREDIT QUALITY (million Euro) % change 30.09.2014 vs 31.12.2013 Loans to customers: 2.143,3 +10,6% NPL Coverage ratio 70 86,6% at 30/09 2014 Vs 60 78,4% at 12/2013 50 9 months 2014 40 sep 2013 2014 sep 2013 2013 2013 2014 30 20 sep 10 2014 sep 2014 2013 0 NPL Substandards Rescheduled Overdue % NPLs
Slide 8: Debt Securities Portfolio
DEBT SECURITIES PORTFOLIO (million Euro) from from january january up to from 2017 to To Total 31.12.2014 to 2018 december december 2015 2016 Total 427,6 2.225,3 761,6 2.093,4 5.507,9 % on total 7,8% 40,4% 13,8% 38,0% 100,0% Breakdown 30.09.2014 31.12.2013 % Change Available for sale financial asset
Slide 9: Balance Sheet – Funding Structure
BALANCE SHEET – ASSET STRUCTURE (million Euro) % change 30.09.2014 vs 31.12.2013 rendimax and contomax Total funds 3.636,9 -6,0% and deposits Wholesale funding 7.950,1 -26,7% 632,5 due to banks -90,5% 53% 47% Wholesale funding 3.607,0 PCT +1.268,0% Repurchase agreements with underlying government bo
Slide 10: Banca IFIS Group: Equity Breakdown
BANCA IFIS GROUP: EQUITY BREAKDOWN (million Euro) EQUITY: CHANGES Net equity at 31.12.2013 380,3 Increases: 77,1 Profit for the period 74,2 Sell of treasury shares 2,8 Other changes 0,1 Decreases: -39,1 Valuation reserve -8,9 - Exchange differences -0,2 - Valuation reserve AFS -8,7 Dividends -30,2 N