PT Bank Pembangunan Daerah Jawa Barat & Banten Tbk · IDX:BJBR
PT Bank Pembangunan Daerah Jawa Barat & Banten Tbk — Bank BJB — Q2 2016 Earnings Presentation
40 slides from PT Bank Pembangunan Daerah Jawa Barat & Banten Tbk's earnings presentation, 2016
Slide 1: Bigger, Stronger, Better - 2Q16 Company Report
Bigger, Stronger, Better bank bjb 2Q16 Company Report
Slide 2: Table of Content
Table of Content Pg. 3 Macroeconomic Pg. 4 Banking Sector Pg. 5 Result Summary Pg. 6 Target vs. Realization Pg. 7 Key Ratios Pg. 8 Income Statement Pg. 9 Balance Sheet Pg. 10 Loans Breakdown Pg. 15 Deposit Breakdown Pg. 18 Yield Analysis Pg. 19 Capital Adequacy Pg. 20 Consumer Loan Details Pg. 23 Sh
Slide 3: Macroeconomic
Macroeconomic BI Rate at 6.5% Consumer Confident Indonesia Increased GDP Growth BI Rate Consumer Confidence Index 10 140 8 120 Index (points) 6 100 (%) 80 4 60 2 40 20 0 0 Source: Bloomberg Source: Bloomberg Inflation Reached 3.45% YoY in June 2016 IDR Appreciated Againts USD in June CPI 1M JIBOR US
Slide 4: Banking Sector
Banking Sector 40.0 Loans Growth Deposit Growth As of May 16, banking sector data shows: 35.0 • Loans +8.33%YoY to Rp34,070 tr (Investment loans +11.20% 30.0 YoY Growth (%) YoY, working capital +6.38% YoY, consumer loans +9.10% 25.0 20.0 YoY) 15.0 • Deposit +6.52% YoY to Rp 4,508 tr (CASA +2.08% YoY
Slide 5: Result Summary
Result Summary • Net Interest Income at Rp 2.7tr (+26.9% YoY/ +10.8% QoQ) Income • PPOP at Rp 1.2tr (+40.3% YoY/ +6.7% QoQ) Statement • LLP at Rp 38bn (-65.3% YoY/ +14.7% QoQ) • Net Income at Rp 905bn (+56.3% YoY/ +6.9% QoQ) • Total Loans at Rp 60.1tr (+15.2% YoY/ +8.9% QoQ) Balance • Total Deposit
Slide 6: Target vs. Realization
Target vs. Realization (%) Target 2Q’15 3Q’15 4Q’15 1Q’16 2Q’16 Loans Growth 13% -14% 9.4 11.2 12.0 11.3 15.2 Deposit Growth 12% - 13% 30.5 25.4 18.4 12.0 -11.8 ROA (net) 1.5% - 2.0% 1.4 1.4 1.6 2.0 2.1 ROE (net) 15% - 20% 16.5 16.9 19.2 22.0 22.5 NIM 6.5% - 7.0% 6.0 6.0 6.3 6.9 7.2 Cost of Fund 5.0
Slide 7: Key Ratios
Key Ratios Key Ratios 2Q’15 3Q’15 4Q’15 1Q’16 2Q’16 Profitability ROA (net) 1.4 1.4 1.6 2.0 2.1 ROE (net) 16.5 16.9 19.2 22.0 22.5 Cost Ratios Cost to Income Ratio 67.5 66.5 68.3 64.1 64.2 Expenses Ratio 84.4 84.3 83.3 78.1 77.5 Yield Asset Yield 11.8 11.9 12.2 12.1 12.2 Cost of Fund 5.7 5.8 5.9 5.2
Slide 8: Income Statement
Income Statement Positioning Growth Income Statement (Rp bn) YoY QoQ 2Q’15 2Q’16 YoY 1Q’16 2Q’16 QoQ (%) (%) Interest Income 4,391 4,800 9.3% 409 2,367 2,433 2.8% 66 Interest Expense 2,228 2,054 -7.8% (174) 1,064 990 -7.0% (74) Net Interest Income 2,163 2,746 26.9% 583 1,303 1,443 10.8% 141 Fee Base
Slide 9: Balance Sheet
Balance Sheet Balance Sheet YoY 2Q’15 3Q’15 4Q’15 1Q’16 2Q’16 (Rp bn) (%) Cash 2,371 1,852 2,355 1,724 3,295 39.0% Current Account with 7,317 6,364 5,826 4,529 4,782 -34.6% Bank Indonesia Secondary Reserves 26,328 25,247 17,031 25,636 18,197 -30.9% Loans – net 50,699 52,947 54,112 54,148 59,370 17.1
Slide 10: Loans Breakdown
Loans Breakdown Consumer Micro Commercial Mortgage Segment YoY 70 2Q’15 2Q’16 (Rp bn) (%) 60 Consumer 36,191 41,447 14.5 % 4.46 4.47 4.51 4.49 Micro 3,922 3,445 -12.2 % 50 4.50 10.8 4.28 4.44 4.48 7.8 4.28 9.2 9.2 7.6 Commercial 7,597 10,778 41.9 % 3.4 7.2 6.8 6.3 3.2 40 6.8 3.6 3.3 3.9 4,503 4,462
Slide 11: Consumer Loans
Consumer Loans Civil Servant Loans (LHS) Pensioner Loans (LHS) NPL (RHS) Key Indicators YoY 2Q’15 2Q’16 (Rp bn) (%) 45 1.0 Loans Outstanding 36,191 41,447 14.5 % 40 0.9 5.6 4.5 Net Expansion 3.9 0.8 35 3.2 3.6 YtD 2,613 3,230 23.6% 2.8 (Rp bn) 2.6 2.5 0.7 30 2.4 Avg. Loans 0.6 Outstanding 101 110 9.
Slide 12: Micro Loans
Micro Loans KMU (LHS) Govt Program (LHS) Key Indicators YoY 2Q’15 2Q’16 Others (LHS) NPL (RHS) (Rp bn) (%) 6.0 30.0 Loans Outstanding 3,922 3,445 -12.2 % 5.0 25.0 Net Expansion 0.7 YtD (583) 115 119.8% 0.8 (Rp bn) 4.0 0.9 20.0 Avg. Loans 1.3 0.9 Outstanding 59 89 51.6 % (Rp mn) 1.2 1.1 (Rp tr) (%) 3
Slide 13: Commercial Loans
Commercial Loans Working Capital (LHS) Investment (LHS) Key Indicators YoY 2Q’15 2Q’16 Syndicated (LHS) NPL (RHS) (Rp bn) (%) 12.0 15.0 Loans Outstanding 7,597 10,778 41.9 % 14.0 13.0 10.0 1.5 Net Expansion 12.0 YtD 747 1,532 104.9% (Rp bn) 11.0 1.4 1.4 1.8 8.0 10.0 Avg. Loans 1.4 9.0 Outstanding 1,
Slide 14: Mortgage Loans
Mortgage Loans Key Indicators YoY Mortgage Loans (LHS) NPL (RHS) 2Q’15 2Q’16 (Rp bn) (%) 4.55 15.0 4.51 14.0 Loans Outstanding 4,503 4,462 -0.9 % 4.50 4.50 4.49 4.48 13.0 4.47 4.46 12.0 Net Expansion 4.44 YtD 59 (44) -175.3% 4.45 11.0 (Rp bn) 10.0 4.40 Avg. Loans 9.0 Outstanding 250 233 -7.0 % 8.0 (
Slide 15: Deposit Breakdown
Deposit Breakdown Current Account Savings Account Time Deposit Deposits 90 YoY Breakdown 2Q’15 2Q’16 (%) (Rp bn) 80 Current Account 27,860 26,017 -6.6 % 70 Saving Account 9,798 12,497 27.6 % 60 39.7 37.4 33.8 Time Deposit 39,728 29,738 -25.1 % 29.7 50 31.3 29.8 (Rp tr) 28.0 28.5 19.0 TOTAL 77,385 68
Slide 16: Special Mention Loans
Special Mention Loans Consumer (LHS) Micro (LHS) Commercial (LHS) Consumer Micro Commercial Mortgage Mortgage (LHS) % to Loans (RHS) 2,000 4.5 100% 1,800 4.0 90% 29 34 1,600 80% 36 38 Absolute Special Mention Loans (Rp bn) 3.5 43 48 Special Mention Contribution (%) 55 Special Mention/Total Loans (%)
Slide 17: Non Performing Loans
Non Performing Loans Consumer (LHS) Micro (LHS) Commercial (LHS) Consumer Micro Commercial Mortgage Mortgage (LHS) % to Loans (RHS) 100% 2,500 4.5 10 11 11 13 16 18 90% 18 4.0 24 26 80% 2,000 228 3.5 223 264 35 Absolute Non Performing Loans (Rp bn) 70% 37 38 34 Non Performing Loan/Total Loans (%) 19
Slide 18: Yield Analysis
Yield Analysis Asset Yield Others 2Q’15 2Q’16 (%) 1% Loans Placement to Placement to Bank Indonesia 4.5 1.6 76% Bank Indonesia 5% Interbank Placement 4.7 3.4 Interbank Placement Securities 5.8 7.0 2% Loans Yield 15.0 14.8 Marketable Securities 0.8 1.1 Others 16% Interbank Cost of Fund 2Q’15 2Q’16 Le
Slide 19: Capital Adequacy
Capital Adequacy • Total Capital to Rp 7.9tr ( +Rp 1.8 tr YoY) Risk Weighted 2Q’15 2Q’16 YoY (%) Asset (RWA) • Total CAR at 17.7% (+181 bps YoY) Total RWA 38,264 44,574 16.5 % Addition to Credit Risk 28,893 34,269 18.6 % Net Impact Risk RWA/ CAR Analysis to CAR Weighting Rp1tr Net 8,150 9,157 12.3 %
Slide 20: Consumer Loan Details
EA bank bjb Consumer Loan Details
Slide 21: Civil Servant Loans
Civil Servant Loans Civil Servant Loans (LHS) NPL (RHS) Key Indicators YoY 2Q’15 2Q’16 (Rp bn) (%) 40 0.5 35.8 Loans Outstanding 33,000 35,804 8.5 % 34.3 35 33.0 35.2 30.9 33.7 0.4 Net Expansion 29.1 31.9 YtD 2,063 1,496 -27.5% 30 30.2 (Rp bn) 25 Avg. Loans Outstanding 0.3 102 110 7.8 % (Rp mn) (Rp
Slide 22: Pensioner Loans
Pensioner Loans Pensioner Loans (LHS) NPL (RHS) Key Indicators YoY 2Q’15 2Q’16 6,000 0.5 (Rp bn) (%) 5,643 Loans 3,191 5,643 76.8 % Outstanding 0.44 5,000 0.4 Net Expansion YtD 550 1,734 215.3% 4,494 (Rp bn) 3,909 4,000 0.3 Avg. Loans 3,191 3,556 Outstanding 86 111 29.3 % (Rp mn) (Rp tr) (%) 3,000 2
Slide 23: Sharia Business Performance
Sharia Business Performance 2Q16 bank bjb Sharia 23
Slide 24: Result Summary
Result Summary • Net Financing Income at Rp 148.4 bn (-1.6% YoY) Income • Operating Expenses at Rp 739.8 bn (+296.9% YoY) Statement • Net Loss at Rp -51.1 bn (+3,840.3% YoY) • Total Financing at 5.1tr (+3.6% YoY) Balance • Total Deposit at Rp 5.5tr (+6.0% YoY) Sheet • Total Asset at Rp 7.0tr (+12.1%
Slide 25: Key Ratios
Key Ratios Sharia 2Q’15 2Q’16 YoY (%) (%) CAR 12.2% 20.9% +8.7% NPF Gross 6.9% 17.1% +10.2% NPF Nett 4.8% 13.5% +8.7% ROA 0.1% -1.9% -2.0% ROE 0.5% -11.3% -11.8% NIM 5.3% 4.6% -0.7% BOPO 99.5% 106.1% +6.6% FDR 95.7% 93.7% -2.0% 25
Slide 26: Income Statement
Income Statement Income Statement YoY 2Q’15 2Q’16 (Rp mn) (%) Financing Income 355,912 342,511 -3.8% Financing Expense 205,141 194,135 -5.4% Net Financing Income 150,771 148,376 -1.6% Other Operating Income 38,768 526,217 1257.3% Operating Expense 186,386 739,812 296.9% Operating Income 3,153 (65,21
Slide 27: Balance Sheet
Balance Sheet Balance Sheet YoY 2Q’15 2Q’16 (Rp Mn) (%) Cash 47,963 57,580 20.1% Current Account with Bank Indonesia 243,202 276,666 13.8% Secondary Reserves 825,993 1,415,278 71.3% Financing-net 4,821,567 4,917,214 2.0% Fixed Asset-net 159,965 172,492 7.8% Other Asset 168,370 184,464 9.6% Total Ass
Slide 28: Sharia Performance
Sharia Performance Financing 2Q’15 2Q’16 YoY (%) Murabahah (Trading) 3,644,184 3,989,521 9.5% Qardh (Bridging) 83,207 67,855 -18.5% Financing 1,208,475 1,058,820 -12.4% Istishna (Pawning) 3,582 2,244 -37.4% Total Gross Financing 4,939,448 5,118,440 3.6% Funding 2Q’15 2Q’16 YoY (%) Wadiah Current Acc
Slide 29: Company Profile
EA bank bjb Company Profile bank bjb
Slide 30: Ownership
Ownership Ownership Structure 2Q15 2Q16 Founder (A Series) 75.00 75.00 West Java Provincial Government 38,26 38,26 West Java Municipal Governments 23,61 23,61 Banten Provincial Government 5,37 5,37 Banten Municipal Governments 7,76 7,76 Public (B Series) 25,00 25,00 Local Retail 5,47 4,06 Local Inst
Slide 31: Road Map
Road Map To Build Sustainable Growth And Excellent Performance Bank 2015 2016-2017 2018 - 2019 2020 Build Strong Foundation Quality Growth A Bank With Excellent Ready For Asean Economic Performance And Services Community (AEC) Strategy Strategy Strategy • Increasing Deposit Market Share • Improving
Slide 32: Distribution Network
Distribution Network Total Branch Network 2.570 Others Total bjb employees Deposits 2.0 Tr 7,427 Loans 4.8 Tr Total bjb customers Micro Loans 874.7 bn Profit 86.7 bn 4,527,504 61,887 Customers 13 Branch Offices 13 Sub Branch Offices 7 Cash Offices 99 ATM Unit 21 Waroeng bjb 410 Employees Jakarta Dep
Slide 33: Branch Network Details
Branch Network Details No bjb Network 2Q’15 2Q’16 YoY 1 Branch 62 63 +1 2 Sub Branch 312 311 -1 3 Cash Offices 316 330 +14 4 Payment Point 133 135 +2 5 ATM 1,197 1,207 +10 Bjb Sahabat Usaha 6 485 438 -47 (MSME Channel) 7 Layanan bjb Precious 11 11 - 8 MSME Center 6 6 - 9 Mobile Cash 11 11 - 10 Weeke
Slide 34: Human Capital
Human Capital Level 2Q’15 2Q’16 YoY Educational Breakdown Master of Doctorate Board of Commissioners 4 5 +1 5% Up to high School Directors 7 7 - 0% Top Management 40 42 +2 Middle Management 244 321 +77 First Line Management 1,685 1,799 +114 Up to Staff 5,127 5,289 +162 Bachelor Degree Employee in Pe
Slide 35: 2016 Awards
2016 Awards The Best BUKU 3 Bank for Top 4th Listed Bank Koran Sindo BPD Award 2016 – Koran Sindo BPD Award 2016 – Asset 50 – 100 Trillion Best of The Best Bank Buku Best CEO III 35
Slide 36: 2016 Awards
2016 Awards Appreciation On Positive Contact Center Service Excellent Koran Sindo Inspiration For Bisnis Indonesia Award– Best Investor Daily Award– Biggest Contribution To The Tax Award 2016 – bjb Call As Best Indonesia – Appreciation Small Cap In Indonesia Core Capital BUKU 3 Revenue In 2015 Call
Slide 37: 2015 Awards
2015 Awards Brand Finance Plc Brand Rating & SWA – Markplus WOW Brand Award 2015 – Best Tribute From OJK - Annual Report Award IICD - Corporate Governance & Ranked 43rd Most Valuable Indonesia Champion Of Bandung Category Year Ended 2014 – 2nd Best Regional Award – Top 50 Public Listed Brand 2015 Co
Slide 38: 2015 Awards
2015 Awards Indonesia Property & Bank Award X 2015 Infobank Banking Service Excellence Award 2015 – MNC Business Award 2015 – Best Listed Regional 1st Best SMS Banking Conventional Banking Category Bank Infobank Award – Best Financial Annual Report Award Year Ended 2014 – Markplus WOW Brand Award 20
Slide 39: Share Price Performance
Share Price Performance Investor Relations Group Volume (RHS) Price (LHS) Menara bank bjb 7 th Floor 120 Jl. Naripan 12 – 14 1350 Bandung 40111 +6222 4234868 ext 7140/7141 1250 100 ir@bankbjb.co.id Contact Person: 1150 Muhammad As’adi Budiman 80 Group Head mbudiman@bankbjb.co.id 1050 Million Shares
Slide 40: Menara bank bjb contact details
Menara bank bjb Jl. Naripan 12 – 14 7 th Floor Bandung 40111 Telp. +6222 4234868