Rizal Commercial Banking Corporation · PSE:RCB
Rizal Commercial Banking — H1 2020 Earnings Presentation
15 slides from Rizal Commercial Banking's earnings presentation, Aug 12, 2020
Slide 1: 1H 2020 Net Income Results Media Briefing
1H 2020 Net Income Results Media Briefing 12 August 2020 11:00 AM – 12:00 NN
Slide 2: Agenda
Agenda 1 Introduction and Reminders 2 1H 2020 Net Income Results Presentation Ma. Christina “Chrissy” Alvarez RCBC Corporate Information Officer and Head of Corporate Planning Group Horacio “Ricky” Cebrero RCBC Treasurer and Head of Treasury Group 3 Question and Answer 2
Slide 3: 1H 2020 Net Income Presentation
1H 2020 Net Income Presentation Ma. Christina “Chrissy” Alvarez 3
Slide 4: RCBC is a leading financial services provider in the Philippines
RCBC is a leading financial services provider in the Philippines Incorporated in 1960, RCBC is the 8th largest private domestic bank in the Philippines by assets, with a market capitalization of Php32.82bn (USD0.66bn)1 and share price of Php16.962 . Member of the Yuchengco Group of Companies (YGC).
Slide 5: RCBC Net Income Up by 17%, Boosts Provisions to P5 Bn
RCBC Net Income Up by 17%, Boosts Provisions to P5 Bn Amounts in PHP Millions 1H20 1H19 Change % Change SELECT INCOME STATEMENT DATA Net Interest Income 12,794 10,624 2,170 20.4% Non-Interest Income 8,063 6,129 1,935 31.6% Operating Expenses 11,011 10,507 503 4.8% Provision for Probable Losses 5,203
Slide 6: Historical Financial Performance
Historical Financial Performance Amounts in PHP Billions OPERATING EFFICIENCY PROFITABILITY 30 76.1% 70.9% 73.2% 60.7% 100% 52.8% 80% 7 7.4% 8% 60% 6.4% 6.7% 6.5% 40% 20 5.8% 20% 6% 0% 6 -20% 10 19.4 21.8 17.4 17.8 -40% 4% 11.0 -60% -80% 5 0 -100% 2% 2016 2017 2018 2019 1H20 4 Operating Expenses Cos
Slide 7: Consolidated Income Statement
Consolidated Income Statement Amounts in PHP Millions 1H20 1H19 Change % Change Interest Income 19,055 18,731 324 1.7% Interest Expense 6,261 8,107 (1,846) -22.8% Net Interest Income 12,794 10,624 2,170 20.4% Other Income 8,063 6,129 1,935 31.6% Trading Gains and Forex 5,904 3,274 2,630 80.3% Trust
Slide 8: Income growth driven by trading gains and loan book expansion
Income growth driven by trading gains and loan book expansion Amounts in PHP Millions Diversified and high quality 1H20 customer loan portfolio GROSS INCOME 0% Consumer 1H19 13% 30% 0% Corporate 446B 53% 31% 11% 8,063 393B 54% SME 32% 17% 15% 6,129 23% Trading and forex gains 12,794 10,624 20% 81% 5
Slide 9: Consolidated Balance Sheet
Consolidated Balance Sheet Amounts in PHP Millions 1H20 1H19 Change % Change Cash/Due from BSP & Other Banks 149,986 89,912 60,074 66.8% Investment Securities 52,348 144,105 (91,757) -63.7% Loans (net of Interbank) 441,470 385,052 56,418 14.7% Other Assets 74,948 54,767 20,181 36.8% TOTAL ASSETS 718
Slide 10: Consolidated Key Financial Indicators
Consolidated Key Financial Indicators Amounts in PHP Millions 1H20 1H19 Change PROFITABILITY Annualized ROE 7.4% 6.5% 0.9% Annualized ROA 0.9% 0.8% 0.0% Net Interest Margin 4.3% 3.8% 0.5% COST EFFICIENCY Cost-to-Income Ratio 52.8% 62.7% -9.9% ASSET QUALITY Net NPL Ratio 2.2% 2.1% 0.2% NPL Coverage R
Slide 11: Digital Transformation
(Roc Digital Transformation
Slide 12: Digital Transformation Milestones
Digital Transformation Milestones MOBILE AND DISKARTECH INTERNET BANKING 187% 1 Million Digital banking enrollments Users just 38 days after launch 569% #1 Free finance app in the Send Cash transaction count Google Playstore PH1 RCBC ATM Go CARDLESS ATM WITHDRAWAL P2.82B 1344% YTD transaction value
Slide 13: RCBC ATM Go
RCBC ATM Go P2.82B RCBC’s pocket and mobile YTD transaction value automated teller machine Using ATM Go, RCBC collaborated with several rural banks, cooperatives, NGOs and payment collection 127% companies to help give the beneficiaries convenient Daily average amount access to their subsidy. The AT
Slide 14: Q&A
Q&A Please use the chat box to queue your questions.
Slide 15: Thank you.
RCBC Thank you.
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