Pt Bank Permata Tbk Class A · IDX:BNLI
Pt Bank Permata Tbk Class A — Q1 2020 Earnings Presentation
31 slides from Pt Bank Permata Tbk Class A's earnings presentation, March 2020
Slide 1: PT Bank Permata Tbk Financial Results
PT BANK PERMATA TBK March 2020 Financial Results Company Presentation
Slide 2: Disclaimer
Disclaimer Laporan ini disusun oleh PT Bank Permata Tbk secara independen dan diedarkan hanya untuk tujuan informasi umum. Hal ini tidak dimaksudkan untuk orang tertentu yang mungkin menerima laporan ini. Informasi dalam laporan ini telah diperoleh dari sumber-sumber yang kami anggap dapat dipercaya
Slide 3: Presentation Content
Presentation Content 1 MACRO ECONOMY UPDATES 2 PERMATA BANK IN GLANCE 3 FINANCIAL PERFORMANCE HIGHLIGHTS 4 BUSINESS UPDATE AND STRATEGIES 5 OTHER INFORMATION 3
Slide 4: Macro Economy
Macro Economy Decreasing interest rate to boost domestic growth Inflation Rate is still at low level to support economic stability 4.5% 6.00% high range target 6.00% 4.0% 3.49% 5.25% 3.32% 5.50% 2.96% 5.00% 2.68% 4.75% 2.5% 4.50% 2.48% 2.0% low range target 7 Days Reverse Repo rate Inflation Jun-19
Slide 5: PermataBank in Glance
PermataBank in Glance Year Established 1955 Controlling Shareholders Listing at the Bourse Since 1990 at the Jakarta Stock Exchange and Surabaya Stock Exchange (both merged and now known as the Indonesian Stock Exchange (BEI) One of the largest listed companies in Asset **) Rp 167,5 tn (consolidat
Slide 6: PermataBank Growth Strategies
PermataBank Growth Strategies A B C STRENGTHENING STRENGTHENING STRENGTHENING SYNERGY WITH FINANCIAL VIABILITY BUSINESS ENABLER SHAREHOLDERS REVENUE: Grow customer (incl. Increase penetration in and deepen CREDIT: Create credit culture to partnership), deepen relationship relationship with Ast
Slide 7: Awards and Social Media Presence
Awards 3 and Social Media Presence ASIAN BANKER AWARD SERVICE RELATED AWARDS DIGITAL BRAND AWARDS The Best Frictionless API Initiative, Application 12 Awards and one of them is a special awards 2019 or Programme” for API Digital Account “GOLDEN TROPHY”, as an appreciation in • Rank 1 for Conventiona
Slide 8: Financial Performance
Financial Performance 3 PermataBank focus on the penetration of high yield assets, while at the same time able to manage risk and risk-return reward.
Slide 9: Financial Performance Highlights
Financial Performance Highlights • LOAN GROWTH - Despite facing the challenging global economy condition and amidst of COVID-19 outbreak, PermataBank was still able to record loan growth of 5.7% (YoY) to Rp. 110.47 Trillion in Q1-20. • DEPOSIT GROWTH - Total deposits and CASA grew by 11.4% and 25.8%
Slide 10: Financial Performance Highlights
Financial Performance Highlights • OPERATING COST AT MANAGEABLE LEVEL - Overall Operational Costs were quite controlled with continuous cost management discipline, where the Cost to Income Ratio (CIR) recorded at 58.6% improving significantly compared to last year's position of 65.1% and Dec-19 posi
Slide 11: Key Financial Highlights
Key Financial Highlights Mar 2019 Mar 2020 ∆ (%) Loans (Rp Tn) 104.5 → 110.5 +5.7 Gross NPL Ratio 3.8% → 3.2% -0.6 Net NPL Ratio 1.6% → 1.2% -0.4 NPL Coverage Ratio 173% → 152% -21.2 CASA Ratio 47% → 54% +6.1 [CASA (Rp Tn)]* 56.5 → 71.1 +25.8 LDR 87% → 80% -7.0 NIM 4.0% → 4.6% +0.6 BOPO 88% → 94% +6
Slide 12: Income Statement
Income Statement Published Report Normalized Profit * YoY (in IDR bn) Mar-20 Mar-19 YOY Mar-20 Mar-19 Growth Net Interest Income 1,605 1,390 15% 1,605 1,390 15% Non Interest Income 484 418 16% 484 418 16% Revenue 2,088 1,808 16% 2,088 1,808 16% Operating Expense 1,223 1,178 4% 1,223 1,178 4% Staff c
Slide 13: Balance Sheet
Balance Sheet Actual Actual (in IDR tn) Mar-20 Mar-19 YoY Dec-19 YTD Cash 2.4 1.6 47% 2.3 2% Placement with Bank Indonesia 17.4 18.6 -6% 16.3 7% Placement with Other Banks 7.8 3.4 129% 9.6 -19% Marketable Securities * 20.6 22.1 -6% 11.9 74% Loans (gross) 110.5 104.5 6% 108.2 2% Allowance for Loan Im
Slide 14: Financial Ratios
Financial Ratios (in %) Mar-20 Mar-19 ∆ Dec-19 CET-1 ratio 18.4 18.3 0.2 18.7 Total CAR 19.6 19.9 -0.3 19.9 LDR 80 87 -7 86 CASA ratio * 54 47 6 51 ROA 0.7 1.3 -0.6 1.3 ROE 0.0 7.6 -7.5 7.2 BOPO 94 88 6 87 CIR 59 65 -7 62 NIM 4.6 4.0 0.6 4.4 NPL Gross 3.2 3.8 -0.6 2.8 NPL Net 1.2 1.6 -0.4 1.3 NPL Co
Slide 15: Sustainable Growth of Loan (IDR Trillion)
Sustainable Growth of Loan ( IDR Trillion ) 5,7% YOY 5,3 % (2018-2020 CAGR) 110.5 107.3 107.9 106.6 106.3 106.7 104.5 102.8 99.4 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Sep-19 Dec-19 Mar-20 Conventional and Sharia* By Currency* 14% 13% 17% 16% Sharia FCY IDR 86% 87% 83% 84% Conventional Mar-19 Mar
Slide 16: Decrease of NPL (YOY) – Covered by Prudent Loan Provision
Decrease of NPL (YOY) – Covered by Prudent Loan Provision 6.0% -160 bps YOY 4.6% 4.8% 5.0% 4.4% 4.3% 3.8% 3.6% 4.0% 3.3% 3.2% 2.8% 3.0% NPL Gross 1.7% 1.7% 1.7% 1.6% 2.0% 1.5% 1.3% NPL Net 1.3% 1.2% 1.2% 1.0% 0.0% Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Sep-19 Dec-19 Mar-20 Loan by Collectability
Slide 17: Growth Deposit, focus on CASA
Growth Deposit, focus on CASA Deposit Composition (IDR Trillion) 11.4% YOY YOY Growth • The third party funds outstanding balances 8.2 % (YTD) % increased by 11.4.% from Mar-19 to Mar-20, 140.0 133.0 119.4 122.9 mainly driven by the increase in current accounts, which increased by 40% YoY. 120.0 +26
Slide 18: Increasing NIM while managing the cost of funds
Increasing NIM while managing the cost of funds 10.0% 9.0% 8.3% 8.4% 8.4% 8.4% 8.0% 7.9% 7.9% 8.0% 8.1% 8.0% 7.0% 6.0% 4.8% 4.7% 4.6% 4.6% 5.0% 4.2% 4.2% 4.3% 4.3% 4.6% 4.0% 4.1% 4.2% 4.2% 4.4% 4.0% 3.0% 3.9% 4.0% 4.0% 4.0% 2.0% 1.0% 0.0% Mar 18 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Sep-19 Dec-19 Mar-2
Slide 19: Strong Growth of Non Interest Income
Strong Growth of Non Interest Income +16% NII Composition* (IDR Billion) 484 Mar-19 Mar-20 418 +36% +27% -4% -6% -10% -11% +25% 165 121 105 83 61 33 32 55 52 29 27 47 42 49 Gains Fx Sale & Loan Related Fees Trade Finance Bancassurance Security Agency Credit Card & E- Others Total Non Interest Incr.
Slide 20: Managable Operating Expenses
Managable Operating Expenses Expenses Composition* (IDR Billion) +7% +14% Mar-19 Mar-20 1,178 1,223 -10% 622 +0.2% +3% +80% 581 421 378 32 32 86 89 57 103 Staff Cost Marketing & Information Depreciation and Others Total Operating Promotion Technology amortization Expenses Operation Efficiency Ratios
Slide 21: Capital Position Remain Strong
Capital Position Remain Strong 19.9 19.8 19.8 19.9 19.6 18.3 18.4 18.6 18.7 18.4 Min Requirement (incl buffers) : 12.5 Mar-19 Jun-19 Sep-19 Dec-19 Mar-20 Total CAR CET1 Risk Weighted Asset (IDR Billion) CET-1 Ratio (%) 2,3 % YOY 15 bps YOY 18.41 18.26 0.4 0.3 0.0 0.0 111,422 4,485 - 117,131 0.0 18.4
Slide 22: Business Updates & Strategies
Business Updates & Strategies 4 Positioning for Quality and Sustainable Growth with Simple, Fast, and Reliable Business Process.
Slide 23: Business Strategy
Business Strategy PermataBank’s business strategy will focus on restructured, reinvigorated and digitally equipped, which positioned to capture market shares. INCREASE INCREASE NFI BUILD AND ENHANCE PENETRATION OF HIGH PARTNERSHIP YIELD ASSETS Focus on increasing transaction Build upon FinTech p
Slide 24: Retail Banking
Retail Banking Retail Loan Composition (IDR Trillion) - Focus on growth of Consumer Loan -14% Mar-19 Mar-20 61.5 53.2 -0.3% +15% -39% -2% +17% 28.6 16.3 18.7 17.5 13.0 13.0 1.7 1.7 2.0 2.3 Retail Banking Credit Card Personal Loan Joint Finance Mortgage SME Note: Effective starting Jan-20, some SME a
Slide 25: Wholesale Banking Business
Wholesale Banking Business Wholesale Banking Loan Composition (IDR Trillion) - Focus on growth of Good Book Loan 5.8% YOY 2.7% QoQ 44.5 43.7 43.3 42.6 42.0 Mar-19 Jun-19 Sep-19 Dec-19 Mar-20 Wholesale Banking Deposit Composition (IDR Trillion) - Supported by CASA Growth 25.5% YOY 38.0 30.3 30.7 31.4
Slide 26: Shariah Banking Business
Shariah Banking Business Adding Value to PermataBank ASSET CONTRIBUTION (IDR TN) REVENUE CONTRIBUTION (IDR BN) Bankwide Shariah Bankwide Shariah 13.7% 13.1% 12.5% 12.0% 242 22 22 221 160 168 2,088 1,808 Mar-19 Mar-20 Mar-19 Mar-20 DEPOSIT CONTRIBUTION (IDR TN) FINANCING CONTRIBUTION (IDR TN) Bankwid
Slide 27: Digital Banking
Digital Banking PermataMobile X is the only mobile banking Super App in Market and the best in class PermataMobile X offers more than 200 features in one mobile banking app. Our customers now only need to deal with one super app that has all their accounts in one place. They can open CASA online
Slide 28: Digital Banking Strategies
Digital Banking Strategies Will continue executing digital strategies that focused on new business, customer experience and cost 4 efficiencies Refresh PermataBank corporate website Refresh Internet Banking Continue to build on PermataMobile X Sales & Service capabilities for Customer centric Big Da
Slide 29: Other Information
Other Information 5 Contain Shares Information and others appendices
Slide 30: Shares Performance
Shares Perfromance Thousands 1600 700 1385 1400 1,315 1260 1270 1260 1205 1,215 600 1200 1,110 1,080 1045 1,045 500 1000 915 985 995 780 400 800 900 630 300 600 665 400 200 200 100 0 - Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Trading vo
Slide 31: Thank You!
Thank You! PT Bank Permata Tbk Investor Relations Unit World Trade Center II Jl. Jend. Sudirman Kav. 29-31 Jakarta 12920 - Indonesia Phone : (62-21) 523 - 7899 / 7999 Website : www.permatabank.com Email : investor.relations@permatabank.co.id Disclaimer: This report has been prepared by PT Bank Perma