Rizal Commercial Banking Corporation · PSE:RCB
Rizal Commercial Banking — FY2020 Earnings Presentation
15 slides from Rizal Commercial Banking's earnings presentation, Feb 23, 2021
Slide 1: FY 2020 Net Income Results Media Briefing
FY 2020 Net Income Results Media Briefing 23 February 2021 9:30 AM – 10:30 AM
Slide 2: Agenda
Agenda 1 Introduction and Reminders 2 FY 2020 Net Income Results Presentation Horacio “Ricky” Cebrero RCBC Treasurer and Head of Treasury Group Ma. Christina “Chrissy” Alvarez RCBC Corporate Information Officer and Head of Corporate Planning Group 3 Question and Answer 2
Slide 3: FY 2020 Net Income Presentation
FY 2020 Net Income Presentation
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 6th largest private domestic bank in the Philippines by assets, with a market capitalization of Php36.55bn (USD0.76bn)1 and share price of Php18.882 . Member of the Yuchengco Group of Companies (YGC).
Slide 5: RCBC Posts FY2020 Net Income of P5 Billion
RCBC Posts FY2020 Net Income of P5 Billion Amounts in PHP Millions 2020 2019 Change % Change SELECT INCOME STATEMENT DATA Net Interest Income 26,289 22,368 3,921 17.5% Non-Interest Income 11,608 13,490 (1,882) -14.0% Operating Expenses 22,094 21,797 297 1.4% Impairment Losses 9,330 7,397 1,933 26.1%
Slide 6: Historical Financial Performance
Historical Financial Performance Amounts in PHP Billions OPERATING EFFICIENCY PROFITABILITY 40 76.1% 70.9% 73.2% 100% 35 60.8% 58.3% 80% 60% 30 7 8% 40% 6.4% 6.7% 6.5% 25 20% 5.8% 5.6% 20 0% 6% 15 -20% 6 -40% 10 17.8 19.4 21.8 22.1 4% 17.4 -60% 5 -80% 5 0 -100% 2% 2016 2017 2018 2019 2020 4 0% Opera
Slide 7: Core business remained strong with Gross Income growing by 6%
Core business remained strong with Gross Income growing by 6% Amounts in PHP Millions GROSS INCOME Diversified and high quality 2020 customer loan portfolio1 Consumer 2019 5% 31% Corporate 11,608 457B 52% 13,490 30% 4% 14% 434B 53% SME 17% 17% 8% 26,289 Other Income 22,368 18% 1,474 1,142 Misc 4,178
Slide 8: Strong deposit base with a 56% CASA Mix
Strong deposit base with a 56% CASA Mix Amounts in PHP Millions 2020 2019 Change % Change Deposit Liabilities 535,788 456,581 79,207 17.3% Demand 107,172 70,523 36,649 52.0% Savings 195,164 179,247 15,917 8.9% Time 233,452 206,811 26,641 12.9% HISTORICAL DEPOSITS BREAKDOWN Amounts in PHP Billions 30
Slide 9: Consolidated Key Financial Indicators
Consolidated Key Financial Indicators Amounts in PHP Millions 2020 2019 Change PROFITABILITY Return on Equity 5.6% 6.5% -0.9% Return on Assets 0.7% 0.8% -0.1% Net Interest Margin 4.3% 4.0% 0.3% COST EFFICIENCY Cost-to-Income Ratio 58.3% 60.8% -2.5% ASSET QUALITY Net NPL Ratio 2.9% 2.2% 0.8% NPL Cove
Slide 10: Highlights
(Roc Highlights
Slide 11: Distribution Channels
Distribution Channels RCBC’s Branch distribution by Region December 2020 CAR I: Ilocos 3 14 6 II: Cagayan Valley Region III: Central 38 IV-A: Calabarzon Luzon NCR: Metro Manila 172 72 6 V: Bicol Region IV-B: Mimaropa VIII: VI: 6 Eastern Branches and Extension Offices 447 Western Visayas 6 Visayas 23
Slide 12: Record growth in RCBC's digital transactions
Record growth in RCBC’s digital transactions Digital Banking Cardless ATM Withdrawal Enrollment 288% 2790% 2020 vs 2019 Average daily transaction count 55% 4619% Active Users Average daily transaction amount InstaPay Transactions ATM Go & Diskartech 695% 127% Pre-CQ vs CQ* ATM Go average daily trans
Slide 13: Strategies
Strategies Defend against Digital Streamline Training Protect Lives Loan Defaults Transformation Operations • Workplace • COVID-19 • Mobile app • Business • Digital product Safety Assistance redesign process re- mastery • Clustering the and Recovery • Financial engineering • Strengthened organizatio
Slide 14: Digital transformation recognized by the industry
Digital transformation recognized by the industry 14
Slide 15: Thank you.
RCBC Thank you.
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