Is Yatirim Menkul Degerler As · BIST:ISMEN
Is Yatirim Menkul Degerler As — İş Yatırım Menkul Değerler A.Ş. (İş Investment) — 9M 2024 Earnings Presentation
34 slides from Is Yatirim Menkul Degerler As's earnings presentation, Nov 8, 2024
Slide 1: ISMEN Performance & Financial Results 2024/9
ISMEN Performance & Financial Results 2024/9 08.11.2024
Slide 2: Trending Topics
Trending Topics normalization number of investors Elon Musk Olympics dividend buy-back portfolio index bond 100th Year #bist Mehmet Şimşek immigrant Dollar advice USA rate SDGsEuropean Union Russia Central Bank podcast currency candidate gold renewable energy strike bankartificial ISMEN monetary pol
Slide 3: About Us
About Us Main Macroeconomic Indicators Glance at Capital Markets Operational Performance Financial Results
Slide 4: About Us: Shareholding Structure, Vision, Mission and Corporate Values
About Us Shareholding Structure Vision, Mission and Corporate Values Isbank & Free Float Isbank 29% Group Companies VISION MISSION CORPORATE VALUES %71 To be the leader and • Offer a wide range of • Laws, ethical and governance the most reliable investment banking services abiding investment institu
Slide 5: About Us
About Us Established in 1996 TL 23.412 Mn TL 64.962 Mn 604 as the investment banking arm of İşbank TL 0.5 Mn TL 0.5 Mn 42 Shareholders' Equtiy Total Assets Employees 1996 2024/9 1996 2024/9 1996 2024/9 33 Branches -Inflation adjusted 2024/9 financial figures.
Slide 6: Widespread Branch Network
About Us Widespread Branch Network Ataşehir Taksim Güneşli Beylikdüzü Kalamış Bağdat Caddesi Levent Tuzla* Maslak Boğaziçi* Maltepe Etiler* Nişantaşı Yeşilyurt Çorlu* İstanbul Samsun Ankara Trabzon Anadolu Bursa Başkent Eskişehir Ankara İzmir Kayseri 9 Eylül İzmir Denizli Diyarbakır Ege Bodrum Antal
Slide 7: Subsidiaries
About Us Subsidiaries MAXIS INVESTMENTS MAXIS VENTURE CAPITAL EFES NPL MANAGEMENT (100.0%) PORTFOLIO MANAGEMENT (85.1%) London headquartered (100.0%) Mainly specializes in managing subsidiary to serve Establish and manage venture banks’ NPLs and restructuring brokerage activities capital investment
Slide 8: İş Investment's First Integrated Annual Report
About Us İş Investment's First Integrated Annual Report 2023 Integrated Annual Report of İş Investment which is prepared in line with the GRI Universal Standards and Integrated Reporting Framework of the IFRS Foundation has been published.
Slide 9: A New e-Trading Platform "Herkese Borsa"
About Us A New e-Trading Platform “Herkese Borsa” MAKE YOUR MONEY WORK! Herkese Borsa, our new generation super app, offers a Free live fully digital and branchless experience with the data monitoring assurance of İş Investment! Without minimum portfolio limit requirement, anyone can open an account
Slide 10: A New e-Trading Platform "Herkese Borsa"
About Us A New e-Trading Platform “Herkese Borsa” Self-service transactions/Online application and Seamless web and mobile platform for product sales - contract signing/Withdrawals and equities and futures deposits of funds/collateral/Data subscription, Participation in public offerings (IPO’s) Free
Slide 11: BIST Indices that ISMEN included in
About Us BIST Indices that ISMEN included in BIST 100 BIST DIVIDEND BIST FINANCIALS BIST DIVIDEND 25 BIST SUSTAINABILITY BIST 100-30 BIST 500 BIST STARS BIST ALL SHARES BIST BROKERAGE HOUSES
Slide 12: Main Business Lines
About Us Main Business Lines Main Business Lines Brokerage Corporate Finance Investment Advisory Asset Management Research Financial Investments & Trading
Slide 13: Main Macroeconomic Indicators
About Us Main Macroeconomic Indicators Glance at Capital Markets Operational Performance Financial Results
Slide 14: Main Macroeconomic Indicators
Main Macroeconomic Indicators GDP & Real Growth CBRT Policy Rate (TL Bn) (%) (%) 30.000 11,4 12 60,00 25.000 10 50,00 26.376 50,00 20.000 8 42,50 45,00 40,00 5,5 15.000 5,7 6 15.012 30,00 25,00 10.000 4,5 9.945 4 17,00 19,00 17,50 1,9 20,00 14,00 8.822 11,25 13,00 5.000 7.249 2,5 2 10,25 9,00 15,00
Slide 15: Glance at Capital Markets
About Us Main Macroeconomic Indicators Glance at Capital Markets Operational Performance Financial Results
Slide 16: Glance at Capital Markets
Glance at Capital Markets Number of Investors Foreign Investor Share 70% 9.000 8.000 7.644 60% 7.126 7.000 49% 50% 6.000 41% 5.263 38% 38% 5.000 4.328 40% 3.783 30% 4.000 3.075 3.180 3.557 309 3.000 252 30% 2.355 1.989 29% 29% 29% 2.000 116 27% 87 77 20% 1.000 22% 0 10% '20 '21 '22 '23 '24/9 '20 '21
Slide 17: Operational Performance
About Us Main Macroeconomic Indicators Glance at Capital Markets Operational Performance Financial Results
Slide 18: Operational Performance: Equities
Operational Performance Equities Equity Market – Borsa Istanbul İş Investment 7.000 12,0% 10,3% 10,2% 10,1% 6.000 9,5% 10,0% 65.481 8,6% 8,3% 5.000 5.437 53.794 8,0% 6.720 4.927 48.236 4.000 6,0% 35.412 3.000 4,0% 2.000 2.941 13.189 15.027 1.000 2,0% 1.255 1.285 0 0,0% '20 '21 '22 '23 '23/9 '24/9 '2
Slide 19: Operational Performance: Derivatives
Operational Performance Derivatives Turkish Derivatives Market (VIOP) İş Investment 3.000 11,1% 12,0% 10,6% 10,0% 23.322 23.534 9,8% 2.500 9,3% 9,5% 2.623 10,0% 2.276 16.778 2.000 8,0% 15.775 1.500 1.673 6,0% 1.493 8.945 1.000 4,0% 5.737 947 500 2,0% 535 0 0,0% '20 '21 '22 '23 '23/9 '24/9 '20 '21 '2
Slide 20: Corporate Finance - Debt Securities Issuances
Operational Performance Corporate Finance - Debt Securities Issuances Debt Securities Issuances - Market İş Investment 60 140 500 1.854 1.813 2.000 119 450 1.800 50 120 459 400 441 1.600 53,0 52,4 100 1.294 1.343 71 61 350 1.254 361 1.400 40 90 39,8 300 322 1.200 38,5 80 65 250 1.215 1.000 30 258 50
Slide 21: Corporate Finance – IPOs
Operational Performance Corporate Finance – IPOs Mogan Energy IC Enterra Koton IPO Ratio IPO Ratio IPO Ratio 10.76% 20.03% 16.5% IPO Size IPO Size IPO Size TL 3 Billion TL 3.7 Billion TL 4.2 Billion $ 95.3 Million $ 114.4 Million $ 129.2 Million Consortium member for 20 IPOs with total size of TL 38
Slide 22: Assets Under Management – Equity Loans
Operational Performance Assets Under Management – Equity Loans AuM - İş Asset Management Equity Loans - İş Investment (TL Mn) 700.000 12.000 100,0% 660 10.580 90,0% 600.000 10.000 49 80,0% 500.000 70,0% 8.000 338 60,0% 400.000 205 6.270 170 284 5.863 31 6.000 50,0% 300.000 94 16 26 40,0% 3.831 133 4
Slide 23: Financial Results
About Us Main Macroeconomic Indicators Glance at Capital Markets Operational Performance Financial Results
Slide 24: Revenue Generation Structure
Financial Results Revenue Generation Structure Operating Revenues Commission Income Non-Commission Income Brokerage Financial Investments Subsidiaries Equity Loans & Treasury Transactions Domestic International Private Equity Equities Corporate Finance Fixed Income Investment Securities IPOs Trust B
Slide 25: Highlighted Figures That Do Not Cover Inflation Adjustments
Financial Results Highlighted Figures That Do Not Cover Inflation Adjustments İş Investment – Consolidated 2023 2024/9 Change (%) (TL 000) Total Assets 41.216.441 63.808.444 55 Shareholders’ Equity 15.584.184 22.820.545 46 İş Investment - Consolidated 2Q24 3Q24 q/q (%) 2023/9 2024/9 y/y (%) (TL 000)
Slide 26: Glance at Inflation Adjusted Financial Results
Financial Results Glance at Inflation Adjusted Financial Results İş Investment – Consolidated 2023* 2024/9 Change (%) (TL 000) Total Assets 57.052.707 64.961.853 14 Shareholders’ Equity 21.700.762 23.412.274 8 İş Investment - Consolidated 2023/9* 2024/9 y/y (%) (TL 000) Operating Revenues 16.192.284
Slide 27: Breakdown of Operating Revenues
Financial Results Breakdown of Operating Revenues Operating Revenues (TL 000) 2023/9 2024/9 y/y (%) Interest, Trading & 11.509.377 12.597.541 9 Financial Investments Brokerage & Financial Services 4.682.907 4.191.370 (10) TOTAL 16.192.284 16.788.911 4 Revenue Breakdown of Operating Revenues Percenta
Slide 28: Breakdown of Brokerage & Financial Services
Financial Results Breakdown of Brokerage & Financial Services Brokerage & Financial Services 2023/9 2024/9 y/y (%) (TL 000) Brokerage 3.020.643 2.662.908 (12) Corporate Finance 130.667 215.502 65 Asset Management 1.531.597 1.312.960 (14) TOTAL 4.682.907 4.191.370 (10) Commission Revenues – 2024/9 Re
Slide 29: Breakdown of Operating Expenses
Financial Results Breakdown of Operating Expenses Operating Expenses (TL 000) 2023/9 2024/9 y/y (%) Marketing, Sales and Distribution Expenses* 743.172 988.684 33 General Administrative Expenses 2.857.428 2.801.435 (2) TOTAL 3.600.600 3.790.119 5 *Including other expenses Operating Expenses – 2024/9
Slide 30: Liquidity and Financial Position
Financial Results Liquidity and Financial Position 1,66 1,64 1,61 1,58 1,58 1,43 0,99 0,98 Current Assets /Short Term Liabilities Current Assets / Total Liabilities Total Liabilities / Equity Short Term Liabilities / Total Liabilities 2023 2024/9
Slide 31: Price Performance & Daily Trading Volume
Financial Results Price Performance & Daily Trading Volume Price Performance - ISMEN Daily Trading Volume (TL) - ISMEN Market Cap. (TL mn) Close Price (TL) 1.400.000.000 75.000,00 45,00 1.200.000.000 40,00 65.000,00 1.000.000.000 35,00 55.000,00 800.000.000 30,00 45.000,00 25,00 600.000.000 20,00 35
Slide 32: Investor Relations
Investor Relations Fatih Mehmet Yılmaz Deputy CEO Phone : +90 0212 350 25 00 Fax : +90 0212 350 25 01 E-mail : fyilmaz@isinvestment.com The Investor Relations is responsible for the timely communication of necessary, accurate, complete, comprehensible and easily accessible information and explanatio
Slide 33: Disclaimer
Disclaimer The information in this report is prepared by “IS YATIRIM MENKUL DEGERLER A.S.” (IS Investment) and it is not to be construed as an offer or solicitation for the purchase or sale of any financial instrument or the provision of an offer to provide investment services. Information, opinions
Slide 34: ISMEN Performance & Financial Results 2024/9
ISMEN Performance & Financial Results 2024/9 08.11.2024
İş Yatırım Menkul Değerler A.Ş. (İş Investment) — 9M 2024 Earnings Presentation on 6ix