Bsp Financial Group Ltd. · ASX:BFL
Bsp Financial — Q1 2016 Earnings Presentation
13 slides from Bsp Financial's earnings presentation, 2016
Slide 1: BSP Qtr.1/2016 Results Summary
BSP Qtr.1/2016 Results Summary J Kalo, Deputy CEO/GCFO
Slide 2: Q1/2016 Results
Beg ry OURBANK Air OURVALUES 0 Q1/2016 Results Integrity Professionalism Leadership Quality People Teamwork Community
Slide 3: Profit & Loss
Profit & Loss (Kina ‘million) Group profit after tax was up by 2% (+K3m) to K143.7m in Q1’16, compared to K141m in Q1-15 Q2-15 Q3-15 Q4-15 Q1-16 Q4’15. NPAT was 10% higher than the previous 450 corresponding period (pcp) figure of K130.5m. 396.7 400 • Total Revenue down 5% this qtr to K397m 350 from
Slide 4: Balance Sheet
Balance Sheet (Kina ‘billion) Total Assets up 1% to K18.5b this qtr from Q1-15 Q2-15 Q3-15 Q4-15 Q1-16 K18.3b in Q4’15. The increase reflects 20 further investment in short-term securities 18.5 and loans and advances which more than 18 offset the decline in financial assets. 16 14.7 • Net loans incr
Slide 5: Market Share: Loans
Market Share Loans Q1-15 Q2-15 Q3-15 Q4-15 Q1-16 • BSP’s combined loans market 55% share remained unchanged at 40% this qtr compared to Q4’15, however it has improved by 1% 45% compared from pcp in 2015. 36% 36% • While Solomon Island market share has slightly declined this qtr, growth in other coun
Slide 6: Market Share: Deposits
Market Share Deposits Q1-15 Q2-15 Q3-15 Q4-15 Q1-16 • BSP’s combined deposit market share remained unchanged at 62% 44% compared to Q4’15. The 55% 1% drop in Fiji’s deposit market 51% share and further 2% drop in the Cooks market share have been compensated for by the growth 37% in other countries m
Slide 7: Customers and Channels
Customers and Channels Customers (‘000) eftPOS Q1-15 Q2-15 Q3-15 Q4-15 Q1-16 Q1-15 Q2-15 Q3-15 Q4-15 Q1-16 2,500 14,000 2,198 11,630 12,000 2,000 1,665 10,000 8,621 1,500 8,000 1,000 6,000 4,000 500 332 1,940 2,000 115 46 375 11 29 190 231 273 - - 7
Slide 8: Customers and Channels
Customers and Channels ATMs Branches, BSP Rural (PNG) Q1-15 Q2-15 Q3-15 Q1-15 Q2-15 Q3-15 500 474 140 450 122 120 400 350 100 306 300 80 250 200 60 44 44 150 114 40 100 18 50 26 20 8 9 8 11 2 2 4 - - 8
Slide 9: Financial Risk Management
Financial Risk Management Capital Adequacy Provisions to Loans Tier 1 Tier 2 BPNG requirement 5.5% 30.0% 5.0% 4.9% 4.8% 4.9% 4.8% 4.7% 25.0% 6.3% 5.8% 4.5% 20.0% 4.1% 7.9% 8.1% 4.0% 15.0% 3.5% 10.0% 19.2% 19.0% 19.0% 3.0% 14.9% 14.8% 5.0% 2.5% 0.0% 2.0% 9
Slide 10: Funds
Funds Deposit Mix (K ‘billion) Deposit Type (K ‘billion) Wholesale Retail 16.0 120% Current Term 14.0 32% 100% 12.0 28% 26% 27% 3.2bn , Kina Billions 80% 10.0 25% 23% 74% 75% 73% 72% 68% 8.0 60% 6.0 40% 10.9bn , 4.0 77% 20% 2.0 - 0% Q1-15 Q2-15 Q3-15 Q4-15 Q1-16 10
Slide 11: Qtr.1-2016 Performance Summary
Qtr.1-2016 Performance Summary • Revenues – Q1/16 Revenue declined from the previous quarter. While interest income on loans grew, it was offsetted by the drop in the level of FX activities, lower interest income from interest earning assets (T- bills, C-bills and I-Stock), and lower fees and commis
Slide 12: Share Price
Share Price Volume traded (millions) K7.80 green 3.0 K7.60 2.5 K7.40 Share K3.49bn 2.0 Price K7.20 market Cap in Kina K7.00 1.5 K6.80 Share Price 1.0 K7.45 K6.60 30th Jun 0.5 K6.40 K6.20 0.0 Jun-14 Aug-14 Oct-14 Dec-14 Feb-15 Apr-15 Jun-15 12
Slide 13: Thank You
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