Mizrahi Tefahot Bank Ltd · TASE:MZTF
Mizrahi Tefahot Bank — Q2 2015 Earnings Presentation
16 slides from Mizrahi Tefahot Bank's earnings presentation, August 2015
Slide 1: Financial Statements June 2015
Financial Statements June 2015 Financial Statements 31 December 2008 1
Slide 2: Disclaimer
Disclaimer •This document has been prepared by Mizrahi-Tefahot Bank Ltd (UMTB) solely for use at the company's presentation. The information contained in this document constitutes information from the bank's 2015 quarterly reports and/ or immediate reports, as well as the periodic, quarterly and ann
Slide 3: Total financing revenues from current operations
Total financing revenues from current operations 924 941 866 887 858 832 1Q14* 2Q14* 3Q14* 4Q14* 1Q15 2Q15 * For comparison, 2014 data is presented excluding the effect o application of FAS 91. For full details please see Report of the Board of Directors - Profit and profitability – Evolution of rev
Slide 4: Increased core banking activity
Increased core banking activity Operating segments Loans to the public, net NIS mil 30.6.15 30.6.14 change in % Mortgages 95,945 88,212 8.8% Households 21,383 19,541 9.4% Private banking 873 961 (9.2%) Small businesses 9,435 8,303 13.6% Commercial banking 4,465 4,359 2.4% Business banking 20,216 21,
Slide 5: Increased revenues
Increased revenues Total financing Commissions and other Operating segments revenues** revenues NIS mil NIS mil Q2/15 Q2/14 Q2/15 Q2/14 Mortgages 207 181 43 45 Households* 290 293 139 131 Private banking 15 15 18 17 Small businesses 136 127 63 59 Commercial banking 41 40 14 11 Business banking 201 2
Slide 6: Financial results
oOo MIZRAHI TEFAHOT Financial results
Slide 7: Net profit - (NIS mil)
Net profit - (NIS mil) 330 307 313 269 248 203 Q1 Q2 Q3 Q4 Q1 Q2 2014 2015 7
Slide 8: Net profit - (NIS mil)
Net profit - (NIS mil) 576 578 H1-2014 H1-2015 8
Slide 9: Equity - (NIS Bil)
Equity - (NIS Bil) 11.3 10.2 30.6.2014 30.6.2015 In accordance with the updated dividend policy, the Board of Directors approved a dividend distribution amounting to NIS 49.5 million with respect to Bank profit in the second quarter, constituting 15% of net profit. * Equity attributable to equity ho
Slide 10: Net profit - ROE - (NIS mil)
Net profit - ROE - (NIS mil) 12.7% 12.6% 12.4% 11.4% 9.4% 7.8% Q1 Q2 Q3 Q4 Q1 Q2 2014 2015 10
Slide 11: Financing Revenues
Financing Revenues Rate of H1- 2015 H1- 2014 change Interest revenues, net 1,781 1,636 Non-interest financing revenues 80 79 Total financing revenues 1,861 1,715 8.5 Less: Linkage differentials with respect to CPI position (63) (13) Revenues from collection of interest on troubled debt 20 40 Gain fr
Slide 12: Operating commissions (NIS mil)
Operating commissions (NIS mil) 686 721 H1-2014 H1-2015 12
Slide 13: Cost income ratio (%)
Cost income ratio (%) 62.6 61.9 63.4 60.9 58.6 58.4 Q1 Q2 Q3 Q4 Q1 Q2 2014 2015 * Cost / income ratio = non-interest expenses divided by total pre-provision revenues 13
Slide 14: Loans to the public (NIS bil)
Loans to the public (NIS bil) 152.3 147.6 138.6 128.7 119.3 31.12.2011 31.12.2012 31.12.2013 31.12.2014 30.6.2015 14
Slide 15: Deposits from the public (NIS bil)
Deposits from the public (NIS bil) 152.4 153.7 141.2 128.1 118.9 104.6 31.12.2010 31.12.2011 31.12.2012 31.12.2013 31.12.2014 30.6.2015 15
Slide 16: Capital adequacy
Capital adequacy 12.99% 12.97% 12.86% Tier I 9.30% 9.05% 8.94% 30.6.2014 31.12.2014 30.6.2015 16