Tisco Financial Group Public Co. Ltd. · SET:TISCO
Tisco Financial Group Public — 2Q2025 Earnings Presentation
32 slides from Tisco Financial Group Public's earnings presentation, 2025
Slide 1: Performance Result for the Second Quarter of 2025
TISCO Financial Group Public Co., Ltd. Performance Result for the Second Quarter of 2025 Reviewed Financial Statement 2Q2025
Slide 2: TISCO Overview
TISCO TISCO Overview
Slide 3: Company Profile
Company Profile TISCO Timelines 1969 1973 1975 1996 2005 2008 2009 2014 2017 2018 2020 2023 Founded by First to One of the First to offer Upgraded to Restructured Acquired Expanded Transferred Completed the Co-Brand Expanded Bankers Trust of introduce founding securitization full-service into a hold
Slide 4: TISCO Group Structure
TISCO Group Structure TISCO Financial Group | Investor Relations 4
Slide 5: TISCO Businesses
TISCO Businesses Retail Banking • Auto & Motorcycle Hire Purchase • Title Loan • Mortgage Loan • SME & Inventory Financing • Life & Non-Life Insurance Corporate Banking • Corporate Lending & Financial Advisory • Investment Banking • Corporate Insurance Wealth & Asset Management • Deposit Service • W
Slide 6: Consolidated Loan Portfolio
Consolidated Loan Portfolio Unit: Million Baht Thailand’s First Car Acquired Retail Buyer Scheme Banking Business from SCBT Sale of Personal Loan & Credit Card to Citibank Covid-19 Outbreak Took over Primus & GMAC Started SME Division Upgraded to Commercial Bank Growth 14.7% 16.7% 15.8% 19.3% 9.8% 3
Slide 7: Profitability
Profitability Profitability for the past decade Unit: Million Baht Growth 16.0% 45.3% 13.1% 13.4% 14.7% 0.0% 0.0% 17.8% 21.7% 15.2% 3.6% (16.6%) 11.9% 6.5% 1.1% (5.5%) (5.7%) YoY 6M YoY TISCO Financial Group | Investor Relations 7
Slide 8: Business Profile as of 6M2025
Business Profile as of 6M2025 Loan Profile Revenue Mix TISCO Financial Group | Investor Relations 8
Slide 9: Share Capital Information & Dividend
Share Capital Information & Dividend Total Shares 800,655,483 Ordinary Shares 800,645,624 Preferred Shares 9,859 No. of Shareholders (as of 28 April 2025) 96,927 Foreign Shareholders 152 Local Shareholders 96,775 Shareholders by type (as of 28 April 2025) Institutional 49.1% Individual 50.9% Foreign
Slide 10: ESG in Core Business Activities
ESG in Core Business Activities As a responsible financial institution, we place sustainability at the center of our core business activities to deliver our purpose of integrity, fairness, and transparency that create sustainable value for our customers, shareholders, people and society. Environment
Slide 11: Recognitions and Awards
Recognitions and Awards Business Aspect Customer Aspect Social & Environment Governance TISCO Financial Group | Investor Relations 11
Slide 12: Financial Results
TISCO Financial Results
Slide 13: 2Q2025 Performance Summary
2Q2025 Performance Summary Net Profit -5.7% Profitability Ratio Unit: Million Baht YoY 0.0% -6.2% ROAE QoQ YoY ROAA 2Q2025 QoQ YoY Loan Growth 1.9% 0.3% The growth was mainly led by corporate banking, whereas HP started to grow following a recovery in passenger car market. Net Interest 0.0% (1.7%) Y
Slide 14: Consolidated Income Statements
Net profit (YoY) weakened due to a slowdown in NII, sluggish fee income and higher ECL expense Consolidated Income Statements Unit : Million Baht 2Q24 1Q25 2Q25 % QoQ % YoY 1H24 1H25 % YoY Interest Income 4,744 4,589 4,585 (0.1) (3.4) 9,518 9,174 (3.6) Interest Expenses (1,357) (1,261) (1,257) (0.3)
Slide 15: Well-managed balance sheet to reflect the economic situations
Well-managed balance sheet to reflect the economic situations Assets Liabilities Unit: Million Baht Unit: Million Baht +1.0% +1.1% +2.5% +1.9% QoQ YTD QoQ YTD Unit : Million Baht 2024 1Q25 2Q25 % QoQ % YTD Unit : Million Baht 2024 1Q25 2Q25 % QoQ % YTD Loans 232,200 231,190 235,512 1.9 1.4 Deposits
Slide 16: Quarterly loan growth derived from all sectors
Quarterly loan growth derived from all sectors - particularly strong corporate loan expansion Loan Portfolios Unit: Million Baht +1.9% +1.4% Retail Loans QoQ YTD +0.2% -0.5% QoQ YTD Corporate Loans +5.9% +7.3% QoQ YTD Loans by sectors SME Loans +2.4% -3.1% QoQ YTD TISCO Financial Group | Investor Re
Slide 17: HP new car slightly recovered from market share expansion
HP new car slightly recovered from market share expansion, whereas Auto Cash loan remained cautious amid weak economy Composition of Retail Loans Unit: Million Baht HP New Car HP Used Car HP Auto Cash Housing Loan Other Retail Motorcycle Loans +0.2% QoQ +1.4% QoQ -0.4% QoQ -1.6% YTD +3.3% QoQ -3.9%
Slide 18: Domestic car sale still contracted from subdued truck segment
Domestic car sale still contracted from subdued truck segment, however TISCO expanded penetration rate into passenger car segment Industry New Car Sale TISCO’s Auto HP Penetration Rate TISCO Financial Group | Investor Relations 18
Slide 19: Somwang loan continued to grow despite Auto Cash contraction
Despite Auto Cash loan contraction, Somwang loan continued to grow through increasing existing branch efficiency Auto Cash Loans Unit: Million Baht Auto Cash -0.4% -1.2% QoQ YTD Somwang +1.6% +3.2% QoQ YTD Loan Generated through Somwang channel Somwang Branches TISCO Financial Group | Investor Relat
Slide 20: Yield on loans dropped following BOT's rate cut
Yield on loans dropped following BOT’s rate cut and “You Fight, We Help” interest reduction, while cost of funds repriced gradually Change Change YoY QoQ Yield on Loans +26 bps -11 bps Loan Spread -23 bps -3 bps NIM -10 bps -13 bps Cost of Funds +49 bps -8 bps Unit: Million Baht 2022 2023 2024 1Q25
Slide 21: NPLs increased but remained within a controllable range
NPLs increased caused by slow economic recovery, but remained within a controllable range owing to cautious underwriting and debt assistance measure Loan Classification Non-Performing Loans Unit: Million Baht Unit: Million Baht NPLs Stage 2 Stage 1 NPLs by Loan Types Mortgage Auto Cash Hire Purchase
Slide 22: ECL expense increased in line with increasing NPLs
ECL expense increased in line with increasing NPLs while coverage ratio stood at a sufficient level Expected Credit Loss Unit: Million Baht Allowance for ECL Unit: Million Baht Coverage Ratio Expected Credit Loss (ECL) TISCO Financial Group | Investor Relations 22
Slide 23: Efficiently managed funding base
Efficiently managed funding base to align with loan portfolio expansion Total Funding Unit: Million Baht +2.2% +1.4% QoQ YTD Unit : Million Baht 2024 1Q25 2Q25 % QoQ % YTD Current 1,793 1,628 1,611 (1.0) (10.2) Savings 26,923 27,172 27,643 1.7 2.7 Fixed Deposits 177,821 177,620 180,509 1.6 1.5 Short
Slide 24: Banking fee improved from bancassurance
Banking fee improved from bancassurance, whereas brokerage fee and gain on investment portfolio declined amid volatile market Non-Interest Income from Core Businesses Non-Interest Income from Core Businesses Breakdown Unit: Million Baht Data as of 6M2025 +1.7% YoY +5.9% +1.2% QoQ YoY Unit : Million
Slide 25: AUMs declined following volatile capital market
AUMs declined following volatile capital market while AM fee improved from new mutual fund issuances. Assets Under Management Unit: Million Baht Rank # 1 -0.5% -2.5% Provident Fund QoQ YTD +1.9% +0.1% QoQ YTD Rank #13 Mutual Fund +3.1% +2.8% QoQ YTD Rank #9 Rank #6 Private Fund -15.6% -19.5% QoQ YTD
Slide 26: TISCO expanded market share in local institution clients
Even though market trading volume declined QoQ and YoY, TISCO was able to expand market share in local institution clients TISCO Trading Volume & Market Share Unit: Million Baht Trading Volume by Customers TISCO Financial Group | Investor Relations 26
Slide 27: OPEX was efficiently controlled amid slow economic backdrop
OPEX was efficiently controlled amid slow economic backdrop Operating Expenses Cost to Income Ratio Unit: Million Baht -4.0% YoY -2.3% -7.0% QoQ YoY Unit : Million Baht 2Q24 1Q25 2Q25 % QoQ % YoY 1H24 1H25 % YoY Employee Expenses 1,579 1,530 1,465 (4.2) (7.2) 3,116 2,995 (3.9) Premises & Equipment E
Slide 28: Maintained solid capital level and exceeded BOT's requirement
Maintained solid capital level and exceeded BOT’s requirement 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 TISCO Financial Group | Investor Relations 28
Slide 29: No new Somwang branch opening
No new Somwang branch opening while focusing more on increasing existing branch efficiency Total Employees Total Branch Network Somwang Loan Offices Bank Branches TISCO Financial Group | Investor Relations 29
Slide 30: "You Fight, We Help" Debt Restructuring Program
“You Fight, We Help” Debt Restructuring Program [New: Phase 2] Registration Timeline: Until 30 September 2025 Program offerings: Criteria Amount *Loans originated before 1 Jan 2024 and hold the status as of 31 Oct 2024 with ▪ Interest rate suspension for 3 years Housing Loans < 5,000,000 Baht overdu
Slide 31: 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 ir@tisco.co.th www.tisco.co.th Disclaimer This presentation material may contain forward-looking statements. These forward-looking statements
Slide 32: TISCO
TISCO
TISCO Financial Group Public — 2Q2025 Earnings Presentation on 6ix