Tisco Financial Group Public Co. Ltd. · SET:TISCO
Tisco Financial Group Public — FY2023 Earnings Presentation
19 slides from Tisco Financial Group Public's earnings presentation, Jan 15, 2024
Slide 1: Analyst Meeting FY2023
TISCO Financial Group Public Co., Ltd. Analyst Meeting FY2023 January 15, 2024
Slide 2: Consolidated Income Statements
Consolidated Income Statements Unit : Million Baht 4Q22 3Q23 4Q23 % QoQ % YoY 2022 2023 % YoY Interest Income 3,977 4,666 4,839 3.7 21.7 14,904 18,037 21.0 Interest Expenses (633) (1,110) (1,273) 14.7 101.3 (2,171) (4,208) 93.9 Net Interest Income 3,344 3,557 3,565 0.2 6.6 12,734 13,829 8.6 Fee & Se
Slide 3: Assets and Liabilities
Assets and Liabilities Assets Liabilities Unit: Million Baht Unit: Million Baht +6.1% +9.5% +6.3% +11.5% QoQ YoY QoQ YoY Unit : Million Baht 2022 3Q23 2023 % QoQ % YoY Unit : Million Baht 2022 3Q23 2023 % QoQ % YoY Loans 219,004 231,794 234,815 1.3 7.2 Deposits & 198,983 207,433 220,891 6.5 11.0 Bor
Slide 4: Loan Portfolios
Loan Portfolios Total Loans Unit: Million Baht -0.3% +1.3% +7.2% QoQ QoQ YoY Retail Loans +0.2% YoY +2.4% QoQ Corporate Loans +32.9% YoY Loans by sectors +8.5% QoQ SME Loans -4.6% YoY 4
Slide 5: Retail Loan Portfolio Breakdown
Retail Loan Portfolio Breakdown Unit: Million Baht -0.3% QoQ +0.2% YoY -1.9% QoQ -5.9% YoY +3.2% QoQ +4.7% QoQ +14.8% YoY -8.5% QoQ +1.8% QoQ +15.3% YoY -16.6% YoY +7.2% YoY 5
Slide 6: TISCO Auto Cash
TISCO Auto Cash Auto Cash Loans Unit: Million Baht Auto Cash +3.2% +14.8% QoQ YoY Somwang +7.1% +25.7% QoQ YoY Loan Generated through Somwang channel Somwang Branches 6
Slide 7: Industry Car Sale & Penetration Rate
Industry Car Sale & Penetration Rate Industry New Car Sale TISCO’s Auto HP Penetration Rate TISCO’s Penetration Rate (%) Industry Car Sale (‘000 units) Industry Car Sale -7.7% 11M YoY 7
Slide 8: Interest Income & NIM
Interest Income & NIM Yield on Loans Net Interest Income Unit: Million Baht Loan Spread +8.6% YoY +0.2% +6.6% QoQ YoY Cost of Funds Loan Spread NIM 8
Slide 9: Asset Quality
Asset Quality Loan Classification Non-Performing Loans Unit: Million Baht Unit: Million Baht NPLs Stage 2 Stage 1 2022 3Q23 2023 NPLs by Loan Types Million Baht % Million Baht % Million Baht % Corporate - - - - - - SME 87 0.6 92 0.7 127 0.9 Hire Purchase 2,606 2.4 2,837 2.6 2,982 2.8 Mortgage 840 8.
Slide 10: Expected Credit Loss
Expected Credit Loss Expected Credit Loss Unit: Million Baht Allowance for ECL Unit: Million Baht Coverage Ratio Excess Reserve Expected Credit Loss (ECL) 10
Slide 11: Funding
Funding Total Funding Unit: Million Baht +6.5% +11.0% QoQ YoY Unit : Million Baht 2022 3Q23 2023 % QoQ % YoY Current 1,821 1,423 1,529 7.5 (16.0) Savings 42,930 31,767 28,988 (8.7) (32.5) Fixed Deposits 143,515 167,607 178,128 6.3 24.1 Short-Term Bill of Exchanges 37 36 36 - (2.2) Senior Debentures
Slide 12: Non-Interest Income
Non-Interest Income Non-Interest Income from Core Businesses Non-Interest Income from Core Businesses Breakdown Data as of FY2023 Unit: Million Baht -5.1% YoY +2.8% -10.9% QoQ YoY Unit : Million Baht 4Q22 3Q23 4Q23 % QoQ % YoY 2022 2023 % YoY Ba nki ng Fee 959 800 888 10.9 (7.4) 3,423 3,276 (4.3) Ba
Slide 13: Asset Management Business
Asset Management Business Assets Under Management Rank #1 Unit: Million Baht +3.2% +4.8% Provident Fund QoQ YoY +4.6% QoQ +5.9% YoY Rank #13 Mutual Fund +2.6% QoQ +2.3% YoY Rank #9 Rank #6 Private Fund -0.9% QoQ +2.9% YoY *Remark: Market Share and Rankings as of November 2023 13
Slide 14: Brokerage Business
Brokerage Business TISCO Trading Volume & Market Share Unit: Million Baht Trading Volume by Customers 14
Slide 15: Operating Expenses
Operating Expenses Operating Expenses Unit: Million Baht +8.7% Cost to Income Ratio YoY +1.0% +5.4% QoQ YoY Unit : Million Baht 4Q22 3Q23 4Q23 % QoQ % YoY 2022 2023 % YoY Employee Expens es 1,545 1,611 1,600 (0.7) 3.5 6,104 6,384 4.6 Premis es & Equipment Expens es 172 206 202 (1.7) 17.9 670 804 20.
Slide 16: Capital Adequacy
Capital Adequacy 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 *Remark: Projected figures 16
Slide 17: Employees and Branch Network
Employees and Branch Network Total Employees Number of Employees Total Branch Network Somwang Loan Offices Bank Branches 17
Slide 18: 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 +(66) 2633 6855 ir@tisco.co.th www.tisco.co.th Disclaimer This presentation material may contain forward-looking statements. These forward-lo
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