Allied Bank Limited · PSX:ABL
Allied Bank — Q1 2020 Earnings Presentation
21 slides from Allied Bank's earnings presentation, March 2020
Slide 1: Investor Presentation – March 2020 Financial Results
LLIED BANK LIMITED Investor Presentation – March 2020 Financial Results
Slide 2: Table of Contents
LLIED BANK LIMITED Table of Contents ABL at a Glance Investments Deposits Stock Market Data 1 2-4 5 6 7 8 9 10-11 Major Highlights Advances Key Ratios Awards Balance Sheet & & & Income Statement Asset Quality Channels CGR
Slide 3: ABL At Glance
ABL At Glance ATMs:1,549 Entity Credit Rating On-site: 1,201 Off-site: 345 Long Term: AAA MBU: 3 Overseas Short Term: A1+ Corporate Branches Governance Bahrain WBU Rating Export Processing Subsidiary Rep Offices Zone CGR 9+ Asset Management UAE-Dubai Co. Ltd. Holding China-Beijing Domestic Digital 1
Slide 4: Highlights Financial Position (Assets)
Highlights Financial Position (Assets) (Rs. in Billion) 1,600 100 -13 -84 -23 2 Total Assets stood at Rs. 1,363 Billion 1,400 0 (decreasing by 8%). 1,200 -10% 2% -5% -100 1,000 -11% 800 -200 Investment portfolio optimized due to 1,481 600 1,363 evolving yield curve and capital market -300 expectatio
Slide 5: Highlights Financial Position (Liabilities)
Highlights Financial Position (Liabilities) (Rs. in Billion) 1,600 50 -109 -7 0.05 Total Liabilities Rs. 1,250 Billion 1,400 1,200 0 (decreased by 8%) 1,000 -1% 0% -50 800 600 1,365 1,250 -100 Deposits aggregated to reach Rs. 1,042 400 -41% -150 billion; decrease of 1%. CASA Mar’20 200 - -200 improv
Slide 6: Highlights Income Statement
Highlights Income Statement (Rs. in Million) 7,000 2,031 • Rate Variance along with volumetric growth in 6,000 1,128 702 earning assets and effective duration 313 5,000 -885 management facilitated growth of 21% in Net 21% 12% 19% -21% 4,000 434% Interest Income. 3,000 • Fee & Commission income incre
Slide 7: Investments
Investments (Rs. in Million) Investments Mar' 20 Dec'19 Var. Growth Pakistan Investment Bonds 216,588 154,349 62,238 40% Market Treasury Bills 400,191 542,566 (142,375) -26% Listed and Unlisted Shares 24,116 25,344 (1,229) -5% TFCs, Bonds, Sukuks and Mutual Funds 30,087 27,347 2,740 10% Subsidiary 5
Slide 8: Advances & Asset Quality
Advances & Asset Quality (Rs. in Billion) 600 9% 500 7.8% 7.2% 6.8% 7.0% 500 477 8% Gross Advances reached Rs. 477 billion (5%↓) 6.4% 454 5.9% 7% (Industry Growth 1%) 400 6% 326 341 4.6% 289 285 5% 300 262 349 3.5% 3.2% 3.3% 4% 200 389 3% Net ADR ratio reached 46% (Industry Dec’19 ADR: 100 2% 52%) 1
Slide 9: Deposits
Deposits (Rs. in Billion) Particulars Mar' 20 Dec' 19 Var (%) Market Share: 7% Current 391 411 -5% Industry Growth: 3% Saving 481 458 5% Term 170 181 -6% CASA Mix: 84% Total Deposits 1,042 1,049 -1% 1,200 1,049 1,042 985 1,000 883 805 800 711 707 735 668 666 868 872 608 809 600 515 690 400 617 371 5
Slide 10: Key Channels & Ratios
Key Channels & Ratios Key Ratios ABL Industry Month Mar'20 Dec'19 Dec' 19 ROA (%) 1.1% 1.0% 1.5% ROE (Tier I) (%) 17.9% 16.2% 12.3% Capital Adequacy Ratio (%) 23.0% 21.7% 17.0% Channels Mar' 20 Dec' 19 Growth Total Branches 1,388 1,395 (7) Conventional 1,271 1,278 (7) Islamic 117 117 - Total ATMs 1,
Slide 11: Stock Market Data
Stock Market Data 10% Covid-19 5% Post Covid-19 Effect 0% Pakistan Stock Exchange Code: ABL -5% -10% Bloomberg Code: ABL PA -15% -20% Shares Outstanding (mln): 1,145.07 -25% Market Capitalization (Rs. bln): 81.437 -30% -35% ABL Stock Price vs Market Trend Stock Price as at Mar 31: Rs. 71.12 -40% ABL
Slide 12: Awards & Achievements
Awards & Achievements 1 2 3 4 5 6 7 8 SAFA- Best CFA Society Best Primary Best Place to Certificate of Utility Deal of Top Issuer of Certificate Corporate Pakistan – Work in Excellence the Year from Dealer – SBP PayPak Debit of Merit Report 2018 Best Bank of 2018-19 Financial 2020 - Triple A Asia Ca
Slide 13: Corporate Governance & Ratings
Corporate Governance & Ratings Entity Rating • AAA (Long Term) • A1+ (Short Term) CGR • A very low expectation of credit • CGR-9+ (Corporate Governance risk emanating from a very strong Rating) Deposits capacity for timely payment of financial commitments & not being • Very high level of corporate s
Slide 14: Annexures
Annexures Annexure A Statement of Financial Position - Standalone Basis Annexure B Statement of Financial Position - Consolidated Annexure C Income Statement - Standalone Basis Annexure D Income Statement Consolidated 12
Slide 15: Statement of Financial Position : Standalone
Statement of Financial Position : Standalone Rs. in Million US$ in Million ASSETS Growth Mar'20 Dec'19 Var. Mar'20 Dec'19 Var. Cash and Balances with Banks 87,530 120,546 (33,016) 526 724 (198) -27% Lending to FIs 33,525 13,607 19,918 201 82 120 146% Investments 673,808 757,957 (84,149) 4,049 4,555
Slide 16: Statement of Financial Position : Consolidated
Statement of Financial Position : Consolidated Rs. in Million US$ in Million ASSETS Growth Mar' 20 Dec'19 Var. Mar' 20 Dec'19 Var. Cash and Balances with Banks 87,521 120,538 (33,017) 526 724 (198) -27% Lending to Fis 33,525 13,607 19,918 201 82 120 146% Investments 675,330 759,654 (84,324) 4,058 4,
Slide 17: Income Statement : Standalone
Income Statement : Standalone Rs. in Million US$ in Million Particulars Growth Mar' 20 Mar'19 Var. Mar' 20 Mar'19 Var. Mark-up/ interest Income 32,071 24,344 7,727 193 146 46 32% Mark-up/ interest Expensed 20,454 14,759 5,695 123 89 34 39% Net Mark-up/ interest Income 11,616 9,585 2,031 70 58 12 21%
Slide 18: Income Statement : Consolidated
Income Statement : Consolidated Rs. in Million US$ in Million Particulars Growth Mar' 20 Mar'19 Var. Mar' 20 Mar'19 Var. Mark-up/ interest Income 32,071 24,345 7,726 193 146 46 32% Mark-up/ interest Expensed 20,455 14,759 5,696 123 89 34 39% Net Mark-up/ interest Income 11,616 9,586 2,030 70 58 12 2
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 Humza Taimur +92-42-35880043 Investor.Relations@abl.com Unit Head Strategic Ext: 32641 Planning 20
Slide 21: Thank You
= a, f 3 E e™ @ my e, BORE OS te eee mam om Kohpes BAL ee i Sak = PT Ty Baty; Hare a ee “THANK YOU.