Mcb Bank Limited · PSX:MCB

Mcb Bank — Q4 2009 Earnings Presentation

15 slides from Mcb Bank's earnings presentation, March 2010

  1. Slide 1: MCB Bank Limited Fourth Quarter 2009

    MCB Bank Limited FOURTH QUARTER 2009 March 2010

  2. Slide 2: Disclaimer

    Disclaimer THIS PRESENTATION IS BEING PRESENTED TO YOU SOLELY FOR YOUR INFORMATION AND MAY NOT BE REPRODUCED, REDISTRIBUTED OR PASSED ON, DIRECTLY OR INDIRECTLY, TO ANY OTHER PERSON OR PUBLISHED, IN WHOLE OR IN PART, FOR ANY PURPOSE. The securities of MCB Bank Limited (the “Company”) have not been a

  3. Slide 3: Important Information about Results Presentation

    Important Information about Results Presentation  Certain prior period financial numbers have been reclassified to conform to current period results presentation  All numbers are presented on consolidated basis, unless stated otherwise 3 HK000LN4_SCN_0906

  4. Slide 4: 4Q 2009 Financial Highlights

    4Q 2009 Financial Highlights  Deposits reached Rs. 368B, an increase of 11% YoY & 2% on quarterly basis. CASA increased Balance by14% YoY, passing the Rs. 300B mark to end the year at Rs. 305B Sheet  Gross advances were Rs. 270B, a decrease of 1% YoY and increase of 7% QoQ. NPL ratio stood at 8.6%

  5. Slide 5: 4Q 2009 Consolidated Highlights

    4Q 2009 Consolidated Highlights O (U) PKR O (U) % PKR mm 4Q09 4Q08 3Q09 4Q08 3Q09 Net mark-up interest income 9,150 1,002 628 12% 7% Non-interest income 1,762 498 563 39% 47% Total Revenue 10,912 1,500 1,191 16% 12% Profit before Tax 4,966 273 (1,508) 6% (23%) Net Income 3,214 412 (1,317) 15% (29%)

  6. Slide 6: 4Q 2009 Standalone Highlights

    4Q 2009 Standalone Highlights O (U) PKR O (U) % PKR mm 4Q09 4Q08 3Q09 4Q08 3Q09 Net mark-up interest income 9,148 969 628 12% 7% Non-interest income 1,719 421 536 32% 45% Total Revenue 10,867 1,390 1,164 15% 12% Profit before Tax 5,502 (70) (462) (1%) (8%) Net Income 3,690 (61) (358) (2%) (9%) EPS (

  7. Slide 7: 4Q 2009 Income Statement

    4Q 2009 Income Statement O (U) PKR O (U) % PKR mm 4Q09 4Q08 3Q09 4Q08 3Q09 Mark-up Interest Earned 13,328 1,368 976 11% 8% Mark-up Interest Expensed 4,178 366 348 10% 9% Net mark-up / interest income 9,150 1,002 628 12% 7% Non mark-up / interest income 1,762 498 563 39% 47% Total revenue 10,912 1,50

  8. Slide 8: Non Interest Income

    Non Interest Income O (U) PKR O (U) % PKR mm 4Q09 4Q08 3Q09 4Q08 3Q09 Fee, commission and brokerage income 806 69 7 9% 1% Income earned as trustee to various funds 5 0 1 4% 20% Dividend income 86 37 (21) 76% (20)% Income from dealing in foreign currencies 77 (117) 114 (60%) (308%) Gain on sale of se

  9. Slide 9: Administrative Expenses

    Administrative Expenses O (U) PKR mm FY09 FY08 FY08 Salaries and allowances 6,517 (38) -1% Defined plans 347 274 378% Provident contribution 151 16 12% Rent, taxes, insurance, electricity 1,367 323 31% Communications 998 149 17% Repair & maintenance 540 29 6% Cash transportation charges 516 117 29%

  10. Slide 10: Deposit Base

    Deposit Base % Total O (U) PKR O (U) % PKR Bn 4Q09 4Q09 4Q08 3Q09 4Q08 3Q09 4Q08 3Q09 Fixed deposits 63 17% 16% 19% 1 4 2% 7% Savings (1) 176 48% 49% 47% 20 3 13% 2% Current (2) 129 35% 36% 34% 17 -2 15% (1)% Total deposits 368 100% 100% 100% 37 5 11% 2% CASA deposits 305 83% 84% 81% 36 1 14% 0%  D

  11. Slide 11: Loan Portfolio

    Loan Portfolio O (U) PKR O (U) % PKR bn 4Q09 % of Total 4Q08 3Q09 4Q08 3Q09 Corporate 170 63% 21 11 14% 7% Commercial 54 20% (19) 5 -26% 11% Consumer 27 10% (6) (2) -18% -6% Islamic 4 1% (1) 1 -23% 19% Other 16 6% 2 2 14% 11% Gross advances 270 100% (3) 17 -1% 7% ADR (gross) % 73% 83% 70% ADR (net)

  12. Slide 12: Asset Quality

    Asset Quality O (U) PKR O (U) % PKR mm 4Q09 4Q08 3Q09 4Q08 3Q09 4Q08 3Q09 Gross loans 269,721 272,846 253,167 (3,125) 16,554 -1% 7% NPL 23,239 18,269 21,854 4,970 1,385 27% 6% Provisionings (period) 2,308 1,812 1,120 496 1,188 27% 106% Total provisions 16,473 10,712 14,876 5,761 1,597 54% 11% NPL: L

  13. Slide 13: NPLs

    NPLs QoQ Change in MCB NPLs MCB NPLs breakdown by Category PKR Bil OAEM Substandard Doubtful Loss 6.0 4.9 5.0 11,988 13,320 18,269 19,491 20,863 21,854 4.0 100% 3.0 90% 2.0 1.3 1.2 1.4 1.3 1.0 80% 1.0 0.3 0.0 55% 59% 70% 64% ∆ Q2 ∆ Q3 ∆ Q4 ∆ Q1 ∆ Q2 ∆ Q3 ∆ Q4 68% 69% 73% 72% 08 08 08 09 09 09 09 60%

  14. Slide 14: Capital Strength

    Capital Strength  Tier 1 capital ratio was 18% at Q4 09 Q4 09 Q4 08  Capital Adequacy ratio was 19% at Q4 09 Total assets 511,742 445,286 Tier 1 Capital 60,841 52,375 Tier 2 Capital 3,794 2,307 Risk weighted assets 338,372 334,032 Tier 1 Capital Ratio 18.0% 15.7% Tier 2 Capital Ratio 1.1% 0.7% Tot

  15. Slide 15: Thank you Question & Answer Session

    Thank you & Question & Answer Session HK000LN4_SCN_0906

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