Askari Bank Limited · PSX:AKBL
Askari Bank — 9M 2021 Earnings Presentation
8 slides from Askari Bank's earnings presentation, Sep 30, 2021
Slide 1: Analysts Briefing
Analysts Briefing For the Period ended September 30, 2021
Slide 2: Contents
Contents: 1. Basic information 2. Performance Overview YTD Sep 2021 3. Financials 4. Q&As Askari Bank Limited – Corporate Brief
Slide 3: Askari Bank Limited – basic info
Askari Bank Limited – basic info Commencement of operations April 1992 Sponsors Fauji Foundation Group (71.91%) Entity Rating AA+(by PACRA) Market capitalization - Rupees in billion 29 Market share of deposits 5.1% Branches / sub branches - in Pakistan 537 (including 95 islamic branches) Cities / to
Slide 4: Overview – September 30, 2021
Overview – September 30, 2021 • Askari Bank crossed the milestone of one trillion deposit, (Rs.1.006 trillion) • AKBL deposits grew by 27% during current year (industry growth of 11%) • AKBL advances grew by 14% (industry 9%) • AKBL amongst a few banks to post year-on-year growth in NII mainly enabl
Slide 5: Balance Sheet – as of September 30, 2021 (Rupees in million)
Balance Sheet – as of September 30, 2021 (Rupees in million) Dec. '20 Sep.'21 YTD ASSETS 600 9.5% 10.0% Cash, bank bal. & lendings 81,371 108,156 33% 500 7.2% 8.0% Investments - net 449,687 573,252 27% 7.0% 6.7% 6.7% Advances - net 395,374 449,556 14% 400 6.0% Fixed & other assets 66,085 65,771 0% 3
Slide 6: Profit & Loss – Period ended September 30, 2021 (Rupees in million)
Profit & Loss – Period ended September 30, 2021 (Rupees in million) Profit & Loss YTD'20 YTD'21 Change • NII improved over 9M’20 by 9%; Mark-up earned 61,256 55,821 -9% mainly due to volumetric growth; Average earning assets grew by 16% Mark-up expensed 38,770 31,293 -19% and reduction in costly dep
Slide 7: Key Ratios – as of September 30, 2021
Key Ratios – as of September 30, 2021 Askari Bank Earnings YE '20 YTD '21 Return on equity 25.5% 18.7% Return on assets - annualized 1.2% 0.8% Performance Cost to income ratio 50.6% 51.2% Advances to deposits 53.3% 47.7% Non-remunerative to total deposits 31.8% 28.5% Asset Quality NPLs to gross adva
Slide 8: Thank You Q & As
Thank You Q & As Askari Bank Limited – Corporate Brief