Banca Transilvania SA · BVB:TLV
Banca Transilvania SA — Q1 2019 Earnings Presentation
24 slides from Banca Transilvania SA's earnings presentation, May 9, 2019
Slide 1: 1Q 2019 financial results
i >) » —! -~ . . f ate BANCA TRANSILVANIA 1Q 2019 financial results May 9' 2019
Slide 2: Disclaimer
BT} The information contained in the present document has not been independently verified and no representation or warranty expressed or implied is made as to, and no reliance should be placed on the fairness, accuracy, completeness or correctness of this information or opinions contained herein. Di
Slide 3: Key profitability and efficiency indicators
60 00 % 50 00 % 40 00 % 74.1 75.9 30 00 % 20 00 % 10 00 % 0% 10 0% 90 % 80 % 19.56 19.67 70 % 60 % 50 % % % 40 % 30 % 20 % 10 % 0% 70 00 0% 60 00 0% 50 00 0% 40 00 0% 665.2 518.2 30 00 0% 20 00 0% 10 00 0% 0% 18 00 0% 16 00 0% 14 00 0% 12 00 0% 10 00 0% 143.3 162.2 80 00 % 60 00 % 40 00 % 20
Slide 4: Asset quality and NPL trends
47 0 14 % 451 445 45 0 12 % 432 435 428 43 0 9.6% 9.5% 10 % 8.7% 9.0% 41 0 8% 39 0 6% 5.4% 4% 37 0 • 2% 35 0 4Q17 1Q18 2Q18 3Q18 4Q18 6.2% 5.7% 5.6% 5.0% 4.8% • 1Q18 2Q18 3Q18 4Q18 Feb19 Clasificare BT: Uz Intern
Slide 5: Loan growth by segment
10 % 255 26 0 251 248 10 % 25 0 242 9% 237 9% 24 0 7.9% 8% 8% 7.7% 23 0 7% 6.8% 22 0 7% 6.3% 6% 6% 6.1% 21 0 • 5% 20 0 1Q18 2Q18 3Q18 4Q18 1Q19 corporate loans household - other loans household - consumer loans household - housing loans • 7.3 3.7 7.8 2.8 3.4 3.5 3.2 3.6 3.9 2.6 • 8.1 8.3 7.8 7.3 7.6
Slide 6: FCY and RON loans
18 00 0% 162 165 168 158 16 00 0% 151 14 00 0% 12 00 0% 10 00 0% 86 85 86 85 87 • 80 00 % RON loans 60 00 % FCY loans 40 00 % 20 00 % 0% 1Q18 2Q18 3Q18 4Q18 1Q19 • FCY loans 16% 21% 33% 42% • RON loans 79% 85% 67% 58% household - household - household - non-financial consumer loans housing loans oth
Slide 7: Inflation, ROBOR and EUR/RON
6 4.8 Inflation (%, YoY) 4 ROBOR 3M (avg.) 4.7 • EUR/RON (avg.) (rhs) 4.6 2 4.5 • 0 4.4 Jul-16 Jul-14 Jul-15 Nov-16 Jul-17 Jul-18 Mar-15 Mar-14 Mar-16 Mar-19 Nov-14 Nov-15 Mar-17 Nov-17 Mar-18 Nov-18 -2 4.3 -4 4.2 • • Clasificare BT: Uz Intern
Slide 8: Nominal and real GDP
250 Nominal GDP (EUR bn) 15 Real GDP (%,YoY) (rhs) 200 10 150 5 100 0 50 -5 0 -10 • 2011 2017 2003 2010 2012 2013 2014 2015 2016 2018 2002 2001 2004 2007 2005 2006 2008 2009 35,000 80% 25,000 Romania (% Euro Area) (rhs) 60% • Euro Area Romania 15,000 40% 5,000 20% • 2010 2016 2012 2002 2007 2011 201
Slide 9: Unemployment rate
120 90 100 70 130 80 110 4 7 8 3 5 6 9 Feb-04 Mar-07 Feb-05 Dec-07 Sep-08 Feb-06 Jun-09 Feb-07 Mar-10 Feb-08 Clasificare BT: Uz Intern Dec-10 Feb-09 Sep-11 Feb-10 Jun-12 Feb-11 Mar-13 Feb-12 Dec-13 Sep-14 Unemployment rate (%) Feb-13 Feb-14 Jun-15 Feb-15 Mar-16 Dec-16 Structural unemployment rate (%
Slide 10: EUR/RON and 10-year bond yield
-4 -2 0 6 2 4 8 3.0 3.5 4.5 4.0 5.0 Mar-13 Mar-10 Jun-13 Sep-10 Sep-13 Mar-11 Dec-13 Sep-11 Mar-14 Jun-14 Mar-12 Sep-14 Sep-12 Dec-14 Clasificare BT: Uz Intern Mar-13 Mar-15 Sep-13 Jun-15 Sep-15 Mar-14 Dec-15 EUR/RON Sep-14 Mar-16 Mar-15 Jun-16 Sep-15 Sep-16 Dec-16 Mar-16 Mar-17 Sep-16 Jun-17 10 YR
Slide 11: Efficiency and cost indicators
*Computed by assuming the annual contribution to Deposits Guarantee Fund and Resolution Fund to be evenly allocated over 12 months. Otherwise, the values would be 51.25% for Q1 2019 and 46.86% for Q1 2018 (individual), respectively 49.57% for Q1 2019 and 48.24% for Q1 2018 (consolidated). Clasificar
Slide 12: Pre-provision operating profit
*Pre-provision operating profit computed assuming equal monthly allocation of the contribution to Deposits Guarantee Fund and Resolution Fund Clasificare BT: Uz Intern
Slide 13: Loan structure
12 aT} Loan structure loans to households Mar/19 ects 0 1% RON en Dec/18 (1) Mar/19 RON 17.6bn 0 3% RON 18.1bn * SMEs identified according to internal classification rules o19 by the numbers nking sector dynamics Ma ment BT performance view of business lines
Slide 14: NPL coverage
133% 134% 127% 127% 119% 117% 46% 40% 49% 57% 56% • 43% 81% 79% 74% 78% 76% 78% • 2014 2015 2016 2017 2018 Q1 2019 NPL coverage with mortgage collaterals NPL coverage with provisions Clasificare BT: Uz Intern
Slide 15: Deposit structure
14 Br et Deposit structure deposits from households Dec/18 RON 41.7bn Mar/19 RON 43.4bn Dec/18 0 Mar/19 RON 20.8bn © 8% RON 19.2bn * SMEs identified according to internal classification rules o19 by the numbers nking sector dynamics Ma ment BT performance Overview of business lines Finan
Slide 16: Retail loans
21.2 21.4 2.9 16.7 • 15.1 13.6 • 3.3 18.3 7.5 • 10.3 • 2014 2015 2016 2017 2018 Q1 2019 Loans transferred from Bancpost Loans transferred from VBRO Retail loans Clasificare BT: Uz Intern
Slide 17: SME loans
5.2 5.0 0.3 4.3 • 3.2 3.1 0.3 2.6 4.7 • 2.8 2014 2015 2016 2017 2018 Q1 2019 Loans transferred from Bancpost Loans transferred from VBRO SME loans Clasificare BT: Uz Intern
Slide 18: Corporate loans
12.6 12.9 • 11.1 1.6 11.0 10.7 10.0 0.9 • • 11.0 10.1 2014 2015 2016 2017 2018 Q1 2019 Loans transferred from Bancpost Loans transferred from VBRO Corporate loans Clasificare BT: Uz Intern
Slide 19: Banca Transilvania Financial Group
total assets RON 75.9bn total assets RON 155mn total assets RON 1,057mn AUM RON 3,616mn total assets RON 90mn total assets RON 377mn total assets RON 3,404mn total assets RON 216mn Banca Transilvania Financial Group as of 31/Mar/2019 BANCA er TRANSILVANIA’” [et BT Direct* Grupul Financiar Banca Tran
Slide 20: Annex 1: Income statement, IFRS individual
ANNEX1 income statement, IFRS individual Qi 2019 Q1 2018 Net interest income 665.2 518.2 28.4% Net fee and commission income 162.2 143.3 13.1% Net trading income 67.0 54.6 22.9% Other net income (58.5) 10.0 Operating income 835.9 726.1 15.1% Personnel expenses (225.2) (192.5) 17.0% D&A (67.7) (24.4)
Slide 21: Annex 1: Balance sheet, IFRS individual
20 Cash & cash equivalents Placements with banks Loans to customers, net T-bills & securities Fixed assets Participations Deferred tax assets Other financial assets Other assets Total assets Deposits from banks Deposits from customers Loans from banks and FIs Subordinated loan Current tax liabilitie
Slide 22: Annex 2: Income statement, IFRS consolidated
ANNEX2 income statement, IFRS consolidated Qi 2019 Q1 2018 Net interest income 749.4 5433 37.9% Net fee and commission income 186.7 163.2 14.4% Net trading income 80.5 57-1 41.0% Other net income (27.7) 36.6 175.7% Operating income 988.8 800.2 23.6% Personnel expenses (253.7) (203.6) 24.6% D&A (73.4
Slide 23: Annex 2: Balance sheet, IFRS consolidated
22 Cash & cash equivalents. Placements with banks Loans to customers, net T-bills & securities Fixed assets Current tax assets Deferred tax assets Other financial assets Other assets Total assets Deposits from banks Deposits from customers Loans from banks and FIs Subordinated loan Current tax liabi
Slide 24: Contact
Banca Transilvania HQ 8, G. Baritiu Street, Cluj-Napoca 400027, Romania + 40 264 407 150 + 40 264 407 179 /FAX investor.relations@btrl.ro www.bancatransilvania.ro/en/investor-relations www.bancatransilvania.ro www.bt24.ro facebook.com/BancaTransilvania twitter.com/b_Transilvania linkedin.com/company