Tisco Financial Group Public Co. Ltd. · SET:TISCO
Tisco Financial Group Public — Q2 2015 Earnings Presentation
20 slides from Tisco Financial Group Public's earnings presentation, Jul 15, 2015
Slide 1: Analyst Meeting 2Q 2015
TISCO Financial Group Public Co., Ltd. Analyst Meeting 2Q 2015 July 15, 2015
Slide 2: 2Q 2015 Financial Results
TISCO 2Q 2015 Financial Results
Slide 3: Consolidated Income Statements
Consolidated Income Statements Unit : Million Baht 2Q14 1Q15 2Q15 % QoQ % YoY 1H14 1H15 % YoY Interest Income 4,773 4,374 4,263 (2.5) (10.7) 9,690 8,637 (10.9) Interest Expenses (2,396) (1,974) (1,815) (8.1) (24.3) (5,048) (3,789) (24.9) Net Interest Income 2,377 2,400 2,448 2.0 3.0 4,642 4,848 4.4
Slide 4: Assets and Liabilities
Assets and Liabilities Assets Liabilities Unit: Million Baht Unit: Million Baht 1.6% QoQ 1.6% QoQ 6.4% YTD 7.2% YTD Unit : Million Baht 2014 1Q15 2Q15 % QoQ % YTD Unit : Million Baht 2014 1Q15 2Q15 % QoQ % YTD Deposits & ST Loans - Net 262,784 254,437 249,341 (2.0) (5.1) 264,147 246,433 240,444 (2.4
Slide 5: Loan Portfolio
Loan Portfolio Total Loan Portfolio Unit: Million Baht 2.0% QoQ 5.1% YTD Retail Loans SME Loans Corporate Loans Unit: Million Baht Unit: Million Baht Unit: Million Baht 2.3% QoQ 10.3% QoQ 2.6% QoQ 4.8% YTD 11.6% YTD 1.7% YTD 5
Slide 6: Retail Loan Portfolio
Retail Loan Portfolio Retail Loan Breakdown 6
Slide 7: Industry Car Sales and Penetration Rate
Industry Car Sales and Penetration Rate Industry New Car Sales Units 160,000 2012 2013 120,000 2014 80,000 2015 40,000 - Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec TISCO Auto HP Penetration Rate No. of New Car Sales ('000 Units) Penetration Rate (%) 1,436 11.0% 1331 9.8% 8.4% 8.5% 8.4% 7.5% 7.6
Slide 8: Loan Spread and Net Interest Margin
Loan Spread and Net Interest Margin Yield on Loans and Cost of Funds 6.6 6.6 6.5 6.5 6.5 6.5 6.5 6.4 6.4 % Yield on loans % Loan spread 3.6 3.5 3.5 3.3 3.4 3.5 3.5 3.7 3.3 3.2 3.2 % Cost of funds 3.0 3.1 3.0 3.1 3.0 2.9 2.8 2012 2013 2014 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 Remark: Cost of funds include c
Slide 9: Asset Quality
Asset Quality NPL and NPL Ratio Unit: Million Baht Total NPL % NPL 2.6% 2.6% 2.7% 2.9% 2.3% 2.4% 1.7% 1.9% 1.3% 7,137 6,750 6,465 6,750 6,742 6,363 5,363 4,964 3,095 2012 2013 2014 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 2014 1Q15 2Q15 NPL by Loan Type Million Baht % Million Baht % Million Baht % Corporate 25
Slide 10: Provisions
Provisions Provision Expense and Credit Cost Unit: Million Baht Provision expense (Million Baht) % Credit cost 4,426 4,141 1.8% 2.0% 1.6% 1.6% 1.7% 1.7% 1.5% 1.3% 0.9% 1,922 1,176 1,220 1,138 1,244 894 972 2012 2013 2014 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 Minimum Required Provision vs Actual Provision Un
Slide 11: Deposits
Deposits Total Deposits & Bill of Exchanges Unit: Million Baht 2.4% QoQ 9.0% YTD Unit : Million Baht 2014 1Q15 2Q15 %QoQ %YTD Current 2,917 3,382 3,392 0.3 16.3 Savings 49,606 51,809 52,907 2.1 6.7 Fixed Deposits 152,860 144,958 128,056 (11.7) (16.2) Short-Term Bill of Exchanges 7,706 6,051 7,395 22
Slide 12: Non-Interest Income
Non-Interest Income Non-Interest Income from Core Businesses Non-Interest Income Breakdown Unit: Million Baht 5.3% YoY 0.2% QoQ 4.3% YoY Unit : Million Baht 2Q14 1Q15 2Q15 % QoQ % YoY 1H14 1H15 % YoY Banking Fee* 932 881 872 (1.1) (6.4) 1,898 1,753 (7.6) Asset Management Fee 225 293 311 6.3 38.6 436
Slide 13: Asset Management Business
Asset Management Business TISCO Asset under Management Unit: Million Baht Rank #9 1.6% QoQ 4.3% YTD Provident Fund Mutual Fund Private Fund Unit: Million Baht Rank #4 2.2% QoQ Unit: Million Baht Rank #14 1.4% QoQ Unit: Million Baht Rank #8 0.4% QoQ 3.2% YTD 13.5% YTD 0.7% YTD *Rankings & Market Shar
Slide 14: Brokerage Business
Brokerage Business TISCO Trading Volume and Market Share TISCO Volume (Million Baht) Market share (%) 625,096 3.1% 538,028 3.2% 3.1% 3.0% 3.0% 2.9% 2.9% 2.8% 2.7% 408,339 153,247 168,011 150,600 119,921 123,143 96,850 2012 2013 2014 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 TISCO Trading Volume by Customer Reta
Slide 15: Operating Expenses
Operating Expenses Cost to Income Ratio Cost to Total Assets Ratio Unit : Million Baht 2Q14 1Q15 2Q15 % QoQ % YoY 1H14 1H15 % YoY Employees' Expenses 841 990 889 (10.2) 5.7 1,650 1,879 13.9 Premises & Equipment Expenses 231 231 237 2.2 2.6 445 468 5.3 Taxes & Duties 58 56 53 (4.3) (7.7) 112 109 (2.8
Slide 16: Capital Adequacy
Capital Adequacy Capital Adequacy Ratio of TISCO Bank 16.8% 16.6% 16.8% 17.1% 17.5% 15.4% 14.3% 13.3% 13.4% 12.7% 13.1% 12.6% 12.5% 12.6% 11.5% 9.0% 9.2% 9.4% 31,753 30,240 29,920 30,240 30,447 28,897 Capital Base (MB) 27,170 25,746 BIS Ratio (%) 22,006 Tier I (%) 2012 2013 2014 1Q14 2Q14 3Q14 4Q14
Slide 17: Employees and Branch Network
Employees and Branch Network Total Branch Network Total TISCO Employees 17
Slide 18: Disclaimer
Disclaimer This presentation material may contain forward-looking statements. These forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ from those in the forward looking statements as a result of various factors. TISC
Slide 19: Investor Relations
Investor Relations TISCO Financial Group Public Company Limited 48/49 TISCO Tower, North Sathorn Road Silom, Bangrak, Bangkok 10500 Thailand Tel: +66-2-633-6868 Fax: +66-2-633-6855 Email: ir@tisco.co.th Website: www.tisco.co.th 19
Slide 20: WEALTH OF POSSIBILITIES
WEALTH OF POSSIBILITIES
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