Commonwealth Bank Of Australia · ASX:CBA
Commonwealth Bank Of Australia — H1 2016 Earnings Presentation
19 slides from Commonwealth Bank Of Australia's earnings presentation, Feb 10, 2016
Slide 1: Results Presentation for the Half Year Ended 31 December 2015
For personal use only MEDIA PRESENTATION Results Presentation FOR THE HALF YEAR ENDED 31 DECEMBER 2015 For the half year ended 31 December 2009 COMMONWEALTH BANK OF AUSTRALIA | ACN 123 123 124 | 10 FEBRUARY 2016 10 February Commonwealth Bank of Australia ACN 123 123 124 2010
Slide 2: Disclaimer
Notes Disclaimer For personal use only The material that follows is a presentation of general background information about the Group’s activities current at the date of the presentation, 10 February 2016. It is information given in summary form and does not purport to be complete. It is not intended
Slide 3: Our Vision and Values
Our Vision and Values For personal use only Our Vision Our Values Integrity To excel at Accountability securing and enhancing Collaboration the financial wellbeing of people, businesses and Excellence communities Service 3
Slide 4: Cash NPAT up 4%
Cash NPAT up 4% For personal use only Dec 15 vs Dec 15 Dec 14 Statutory Profit ($m) 4,618 2% Cash NPAT ($m) 4,804 4% ROE – Cash (%) 17.2% (140) bpts Cash Earnings per Share ($) 2.84 1% Dividend per Share ($) 1.98 - 4
Slide 5: All divisions contributing
All divisions contributing Cash NPAT 1H16 1 For personal use only Income 7% C:I 80 bpts to 32.8% Transaction Deposits 29% Income 5% C:I 70 bpts to 41.5% Deposits 10% Slower lending volumes +8% Subdued lending growth Income (ex CVA/FVA) 8% Lending (avg) 17% Loan imp
Slide 6: Continued focus on the customer
Continued focus on the customer For personal use only Ranking Customer Satisfaction - Retail #1 Customer Satisfaction - Business = #1 Customer Satisfaction - Wealth #2 Customer Satisfaction - IFS #1 Customer Satisfaction - Internet #1 Refer notes slide at back of this presentation for source informa
Slide 7: Customer focus - more needs met
Customer focus - more needs met Retail Customer Satisfaction Customer Needs Met For personal use only % Satisfied ('Very Satisfied' or 'Fairly Satisfied') (#) 3.2 86% 83.9% 3.11 84% 3.0 82% 2.8 80% 78% 2.6 76% 74% 2.4 72% 2.2 70% 68% 2.0 Dec 07 Dec 15 Dec 08 Dec 15 CBA Peers Refer notes slide at bac
Slide 8: Ongoing volume growth
Ongoing volume growth Balance Growth1 For personal use only Continued strong growth 12 months to Dec 15 Reflects long in Transaction Accounts term investment in frontline A balanced Growth in line volume/margin outcome with system Good growth in 12.0% 10.6% target sectors 9.3% 7.7% 7.7% 7.8% 7.4% 6.
Slide 9: Transaction Banking
Transaction Banking Group Transaction Balances Strong growth across divisions For personal use only $m 1H16 v 1H15 +21% 34% 29% 97,327 Group 80,758 21% +21% 71,039 14% 15% Ex 5% offset 9% accounts 2% 1 1H14 1H15 1H16 RBS BPB IB&M BWA NZ RBS New Transaction Accounts 2 • Fast, simple processes in real
Slide 10: Continuous Innovation
Continuous Innovation 2010 – 2015 1H16 For personal use only Everyday settlement, Online origination, MyWealth, • Innovating in Wealth, ASB & IFS Pi & Leo, Touch ID, Portfolio View, Small Business • Expanding the digital wallet app, Daily IQ, PayTag, Tap&Pay, VC in branches, Apps for smart watches a
Slide 11: Continuous Innovation
Continuous Innovation Wealth ASB TYME For personal use only Clever Kash – Rapid cycle testing of Portfolio View - SMSF cashless interactive digital strategy Complete view of moneybox solutions investment portfolio - R&D + partnerships + 37% increase in Mobile shares, cash, property banking licence a
Slide 12: Exploring new opportunities
Exploring new opportunities Supporting Australia’s growing digital economy For personal use only Quantum Blockchain Cyber Security Supporting Australian Driving collaboration Partnership with UNSW researchers in and innovation through in a centre of expertise developing the world’s the R3 partnershi
Slide 13: Productivity
Productivity Case Study Enabling Reinvestment For personal use only Gross Investment Spend ($m) % of total Retail Collections & Other 13% Risk & 24% 12% 12% 28% Customer Solutions1 Compliance 36% Productivity & Growth 63% 60% 52% Continuous improvement culture, 1H14 1H15 1H16 process simplification
Slide 14: Strength to support our customers
Strength to support our customers Deposit Wholesale For personal use only Capital Funding Funding Liquidity3 Basel III % of Total Funding Portfolio Tenor2 $bn Common Equity Tier 1 (years) 14.3% LCR 116% 123% Internationally comparable1 140 10.2% 64% 3.9 3.9 9.2% 63% 66 CLF 136 HQLA4,5 74 assets Dec
Slide 15: Supporting jobs and growth
Supporting jobs and growth For personal use only $6 billion in salaries and wages to 41,000 Australians and 51,000 people overall $4 billion to 6,000 SME partners and suppliers Over $3 billion in tax, representing more than 4.5% of Australia's total corporate tax $5.5 billion in dividends to
Slide 16: Outlook
Outlook For personal use only Steady transition, driven by sound monetary policy and lower AUD Global volatility warrants caution, but overreaction also a threat Long term policy needed for on-going transition: tax, infrastructure, spending Financial services a prevailing strength – must be
Slide 17: Summary
Summary For personal use only Operating momentum across all businesses from ongoing customer focus Continuing commitment to invest – adapting a strong franchise for the future Circumspect about global volatility. Long-term strategies and policies needed for continuing economic transition in Au
Slide 18: Customer Metrics - Sources
Customer Metrics - Sources 1 Roy Morgan Research Retail Main Financial Institution (MFI) Customer Satisfaction. Australian population 14+, % “Very Satisfied” or “Fairly Satisfied” with relationship with that MFI. 6 month rolling average to December 2015. Peers includes ANZ, NAB and Westpac. CBA excl
Slide 19: Results Presentation for the Half Year Ended 31 December 2015
For personal use only MEDIA PRESENTATION Results Presentation FOR THE HALF YEAR ENDED 31 DECEMBER 2015 For the half year ended 31 December 2009 COMMONWEALTH BANK OF AUSTRALIA | ACN 123 123 124 | 10 FEBRUARY 2016 10 February Commonwealth Bank of Australia ACN 123 123 124 2010
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