Allied Bank Limited · PSX:ABL
Allied Bank — Q3 2022 Earnings Presentation
21 slides from Allied Bank's earnings presentation, September 2022
Slide 1: Financial Presentation – Sep 2022
Financial Presentation – Sep 2022
Slide 2: Contents
Contents ABL at Glance & Economic Stock Market Highlights Investments Deposits Information Annexures 3-4 5-7 8 9 10 11 12 13 14-18 Major Highlights Advances & Key Ratios & Balance Sheet Asset Quality Channels Ratings Income Statement
Slide 3: ABL at Glance
ABL at Glance ATMs:1,569 Entity Credit Rating On-site: 1,294 Off-site: 270 Overseas Long Term: AAA MBU: 5 Short Term: A1+ Corporate Branches: 2 Governance Bahrain WBU Rating Subsidiary Rep Offices: Export Processing CGR 9++ Zone ABL Asset 2 Management Co. UAE-Dubai Domestic Ltd. Digital China-Beijin
Slide 4: Economic Highlights
4/21 Economic Highlights Workers Remmittances- US$ Million 3,500 3,000 2,500 2,000 1,500 1,000 500 0 Sep- 21 Oct-21 No v-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun- 22 Jul-22 Aug-22 Sep- 22 2021-22 2020-21 Export & Import- US$ Million TD Trade Deficit & Current Account CAD 9,000 8,000 0 0 -500
Slide 5: Highlights Financial Position (Assets)
Highlights Financial Position (Assets) (Rs. in Billion) 2,500 34% 100 2% 3% -21% 0 2,000 42 • Total Assets reached at Rs. 2,061 25 21 -36 -100 billion (increased by 3%). 1,500 -200 1,000 2,010 2,061 -300 500 -400 - -500 • Net Advances reached at Rs. 674 Dec-21 Cash, Bank Investments Advances Operati
Slide 6: Highlights Financial Position (Liabilities)
Highlights Financial Position (Liabilities) (Rs. in Billion) 10% • Total Liabilities stood at Rs. -26% 52% 1,936 billion (increased by 3%) 138 26 1,883 -111 1,936 • CASA Sep’22 Stood at: 80% • Deposits aggregated to reach at Rs. 1,551 billion; increased by Dec-21 Borrowings Deposits Bills Payable Se
Slide 7: Highlights Income Statement
Highlights Income Statement (Rs. in Million) 31% • Net Interest Income (NII) stood at Rs. 45,442 million during period under review; increased by 31%. 39% • Fee & Commission and Dividend Income 18% 24% 129% increased by 20% and 9% respectively. 10,760 4,599 135 13,070 12,628 • Non-Markup Income reac
Slide 8: Investments
Investments (Rs. in Million) Investments Sep' 22 Dec'21 Var. Growth Pakistan Investment Bonds 858,154 553,428 304,726 55% Market Treasury Bills 174,901 455,866 (280,965) -62% Listed and Unlisted Shares 18,339 17,636 703 4% TFCs, Bonds, Sukuks and Mutual Funds 65,095 45,915 19,180 42% Subsidiary 500
Slide 9: Advances & Asset Quality
Advances & Asset Quality (Rs. in Billion) • Gross advances stood at Rs. 685 billion (3%↑) (Industry advances; 9%↑) • Gross ADR ratio reached 44.2% (Industry Sep’22 Gross ADR: 48.6%) • NPLs at 13.0 billion (4%↓) • NPL Ratio 1.90% (0.14%↓); Industry Jun’22: 7.5% • Specific NPL Coverage 89.8% (3.9%↓) &
Slide 10: Deposits
Deposits (Rs. in Billion) Particulars Sep' 22 Dec' 21 Var (% ) Market Share: 6.8% Current 658 607 8% Saving 580 582 -0.4% Industry Growth: 8.8% Term 313 224 40% Total Deposits 1,551 1,413 10% ABL CASA Mix: 80% 1,551 1,413 1,217 1,049 985 1,189 1,238 883 805 1,062 735 668 868 608 809 515 400 690 617
Slide 11: Key Ratios & Channels
Key Ratios & Channels Key Ratios Particulars Sep'22 Dec'21 Variance Return on Assets (%) 0.8% 1.0% -0.2% Return on Equity (Tier I) (%) 15.1% 16.5% -1.4% Capital Adequacy Ratio (%) 20.4% 22.3% -1.9% Channels Sep' 22 Dec' 21 Growth Total Branches 1,432 1,429 3 Conventional 1,315 1,312 3 Islamic 117 11
Slide 12: Stock Market Data
Stock Market Data Allied Bank Limited (ABL) Stock Price vs Market - Pakistan Stock Exchange Code: ABL Trend 30.0% Bloomberg Code: ABL PA 25.0% 20.0% 15.0% Shares Outstanding (mln): 1,145.07 10.0% 5.0% Market Capitalization (Rs. bln): 74.315 0.0% -5.0% Se p-21 Oct -21 Nov-21 De c-21 Ja n-22 Feb-22 Ma
Slide 13: Corporate Governance & Ratings
Corporate Governance & Ratings 1 Entity Rating CGR PACRA Deposits VIS Credit Rating • AAA (Long Term) Company • A1+ (Short Term) • CGR-9++ (Corporate Moody’s • A very low expectation of Governance Rating) credit risk emanating from a • Very high level of corporate very strong capacity for • Caa1/NP
Slide 14: Annexures
Annexures Pakistan Annexure A Digital Statement of AwardsFinancial 2020Position - Standalone 1. Best Mobile Banking Annexure B App Statement of AwardsFinancial Position - Consolidated 2. Best Digital AnnexureInnovation C Income Statement Award - Standalone 3. Best App and Annexure D Enabled Web Inco
Slide 15: Statement of Financial Position : Standalone
Statement of Financial Position : Standalone Rs. in Million US$ in Million ASSETS Growth Sep'22 Dec'21 Variance Sep'22 Dec'21 Variance Cash and Balances with Banks 120,511 125,310 (4,799) 528 549 (21) -4% Lending to FIs 14,032 45,453 (31,421) 61 199 (138) -69% Investments - net 1,088,683 1,064,495 2
Slide 16: Statement of Financial Position : Consolidated
Statement of Financial Position : Consolidated Rs. in Million US$ in Million ASSETS Growth Sep'22 Dec'21 Variance Sep'22 Dec'21 Variance Cash and Balances with Banks 120,512 125,304 (4,792) 528 548 (21) -4% Lending to FIs 14,032 45,453 (31,421) 61 199 (138) -69% Investments - net 1,090,556 1,066,390
Slide 17: Income Statement : Standalone
Income Statement : Standalone Rs. in Million US$ in Million Particulars Growth Sep'22 Sep'21 Variance Sep'22 Jun'21 Variance Mark-up and Interest Income 147,552 84,696 62,856 646 371 275 74% Mark-up and Interest Expensed 102,110 50,014 52,095 447 219 228 104% Net Mark-up and interest Income 45,442 3
Slide 18: Income Statement : Consolidated
Income Statement : Consolidated Rs. in Million US$ in Million Particulars Growth Sep'22 Sep'21 Variance Jun'22 Jun'21 Variance Mark-up and Interest Income 147,560 84,700 62,860 646 371 275 74% Mark-up and Interest Expensed 102,121 50,035 52,086 447 219 228 104% Net Mark-up and interest Income 45,438
Slide 19: Disclaimer
Disclaimer The information being presented herein is solely for your information. Except for the historical information, statements that describe the Bank’s objectives, plans or goals discussed in Investor Conference Call are forward‐looking statements. These forward looking statements involve a num
Slide 20: Contact Us
Contact Us Sikandar Ali Khan +92-42-35880043 Investor.Relations@abl.com Unit Head Strategic Ext: 32637 Planning, Finance 20 20/21
Slide 21: THANK YOU
THANK YOU 21