Habib Bank Limited · PSX:HBL
Habib Bank — FY2018 Earnings Presentation
10 slides from Habib Bank's earnings presentation, December 2018
Slide 1: Financial Results – December 2018 Investor Presentation
Financial Results – December 2018 Investor Presentation 0
Slide 2: Key Highlights
Key Highlights PAT for 2018 is Rs 12.4 bn vs Rs 8.8 bn in 2017. PBT is Rs 21.6 bn for 2018 compared to Rs 29.5 bn in 2017 Ex settlement payment, PBT for 2018 is Rs 31.6 bn (59%) lower YoY. This is mainly due to: Impact of on-going remediation activities in New York – Rs 6.4 bn Cost of overse
Slide 3: Key Highlights
Key Highlights Non markup income is at Rs 19.9 Bn, Rs 14.2 Bn lower than in 2017 • Domestic fees, excluding the expected Rs 1.4bn drop in home remittances income, have increased by 8% YoY driven by card related fees and consumer financing fee. However, International fees are Rs 1.3 bn lower YoY • Co
Slide 4: Key Highlights
Key Highlights Balance sheet has increased by 12% over Dec’17 to Rs 3.0 trillion Total deposits increased by 7% over Dec’17 to Rs 2.1 trillion • Domestic deposits grew by 7% to Rs 1.9 trillion, with market share of 13.9% • Domestic current deposits have increased by 12.9% (Rs 81 bn) over Dec’17 to R
Slide 5: Balance Sheet
Balance Sheet PKR Bln Dec'18 Dec'17 Var% Cash & Bank Balances 322.1 286.8 12% Lending to Financial Institutions 51.3 33.9 51% Investments 1,390.1 1,374.8 1% Performing Advances 1,068.1 842.1 27% NPLs (Net) 12.4 9.4 31% Net Advances 1,080.4 851.5 27% Others 182.0 149.2 22% Total Assets 3,025.9 2,696.
Slide 6: Net Advances, Coverage Ratio and Asset Quality
Net Advances Loan portfolio composition by line of business International Advances – Location wise Mauritius 2.2% Others 7.8% Others Bangladesh International 4.7% 3.4% 13.3% FMFB 2.2% Bahrain UAE 9.8% 37.2% Islamic Net loans: 9.6% Corporate Net loans: Rs 1.1 Trillion 51.3% $1.0B Consumer Oman 4.9% 7
Slide 7: Deposits
Deposits Period End Deposits Average Deposits FY'18 FY'17 PKR Bln Dec'18 Dec'17 Var% PKR Bln Var% (Actual) (Actual) Current 708.7 627.8 13% Current 619.4 539.1 15% Saving 901.0 894.3 1% Saving 891.3 839.0 6% Term 273.1 240.2 14% Term 229.0 198.6 15% Domestic 1,882.8 1,762.3 7% Domestic 1,739.8 1,576
Slide 8: Income Statement
Income Statement FY-18 FY-17 PKR Mn Var% (Actual) (Actual) Interest Income 165,283 148,010 12% Interest expensed (83,606) (66,177) -26% Net Interest Income 81,677 81,833 0% Non Interest Income 19,894 34,116 -42% Gross Revenue 101,571 115,949 -12% Admin Expenses (77,380) (61,300) -26% Operating Expen
Slide 9: Quarterly Income Statement – Restated
Quarterly Income Statement – Restated * PKR Mn Q4 2017 Q1 2018 Q2 2018 Q3 2018 Q4 2018 Interest Income 38,621 37,023 38,506 41,542 48,212 Interest expensed (17,969) (17,322) (18,304) (21,336) (26,643) Net Interest Income 20,652 19,701 20,202 20,206 21,568 Non Interest Income 7,026 5,427 5,695 5,382
Slide 10: Key Ratios
Key Ratios Ratios Dec'18 Dec'17 Advances : Deposits 53.9% 46.1% Asset Quality 7.0% 8.2% Coverage 89.1% 91.6% Capital Adequacy - Tier I 12.0% 12.0% Capital Adequacy - Total 16.2% 16.0% Ratios FY 2018 FY 2017 Yield on advances 8.6% 7.6% Cost of deposits 3.1% 2.4% Net Interest Margin 3.8% 3.8% Spreads