Pt Bank Jago Tbk · IDX:ARTO
Pt Bank Jago Tbk — H1 2024 Earnings Presentation
12 slides from Pt Bank Jago Tbk's earnings presentation, July 2024
Slide 1: 1H 2024 Results Update
1H 2024 Results Update July 2024
Slide 2: Content
Content 1H 2024 Results Update 2
Slide 3: 1H24 performance highlights
1H24 performance highlights Maintain growth momentum in customers, funding & lending balances IDR 13.2tn 14.8tn 47% YoY Growth in 12.1tn 10.1tn 10.3tn Funding Balances Jun ‘23 Sep ‘23 Dec’23 Mar’24 Jun’24 IDR 15.7tn 13.0tn 14.3tn 40% YoY Increase 11.2tn 10.9tn Lending Balances Jun ‘23 Sep ‘23 Dec ‘2
Slide 4: Maintain strong and sustainable growth momentum
Maintain strong and sustainable growth momentum CASA ratio continues to be healthy TD CASA Expansion in lending balances Syariah Conventional Customer Deposits, IDR tn Loan Balances, IDR tn 14.8 15.7 13.2 14.3 12.1 13.0 10.1 10.3 11.2 10.9 99% 99% 61% 97% 73% 65% 63% 87% 92% 71% Jun ‘23 Sep ‘23 Dec
Slide 5: Key ratios maintained at a healthy level
Key ratios maintained at a healthy level Net Interest Margin Return on Assets 10.0% 9.0% 8.0% 7.5% 7.2% 0.6% 0.5% 0.5% 0.6% 0.4% 2Q ‘23 3Q ‘23 4Q ‘23 1Q ‘24 2Q ‘24 2Q ‘23 3Q ‘23 4Q ‘23 1Q ‘24 2Q ‘24 Cost of Funds (End of Period) Non-Performing Loans & Cost of Credit 4.7% 3.2% 3.6% 2.9% 3.0% 3.1% 3.1
Slide 6: Balance sheet
Balance sheet IDR billion Jun ‘23 Sep ‘23 Dec ‘23 Mar ‘24 Jun ‘24 YoY Cash & BI 1,105 1,026 1,188 1,336 1,464 Placement & Securities 5,058 5,569 5,254 4,770 4,940 Loans & Syariah Financing 11,182 10,871 13,020 14,272 15,671 40% • Partnership & Ecosystem Lending 9,148 9,141 12,111 13,568 15,279 • Fin
Slide 7: Income statement
Income statement IDR billion 1H ‘23 FY ‘23 1Q ‘24 2Q ‘24 1H ‘24 YoY Interest Income 984 1,875 442 469 912 -7% Treasury 140 287 66 65 131 Conventional 668 1,346 370 403 773 Syariah 176 242 6 1 8 Interest Expense (152) (309) (97) (106) (204) 34% Net Interest Income 832 1,565 345 363 708 -15% Fee Incom
Slide 8: Ratios
Ratios % 1H ‘23 FY ‘23 1Q ‘24 2Q ‘24 1H ‘24 NIM 10.5 9.5 7.5 7.2 7.3 • Loans 13.0 11.7 8.1 7.7 8.0 • Treasury Assets 5.2 5.3 5.3 5.4 5.3 Cost of Fund (end of period) 3.6 3.1 3.1 3.1 3.1 Cost to Income 67 72 80 77 79 LDR 111 108 108 106 106 LAR 8.6 5.5 4.0 3.3 3.3 NPL 1.2 0.8 0.6 0.4 0.4 Cost of Cred
Slide 9: Content
Content 1H 2024 Results Update 9
Slide 10: We are continuing to enable our customers to pay, save, borrow and invest more seamlessly
We are continuing to enable our customers to pay, save, borrow and invest more seamlessly Pay and Borrow Invest Save Automatic budgeting to set View and monitor BFI Finance Sharia compliant investing aside funds more easily loans seamlessly in Jago with Sharia RDNs via Stockbit 10
Slide 11: Users can more effectively budget for their savings and spending with our new auto-budgeting function
Users can more effectively budget for their savings and spending with our new auto-budgeting function Automatically allocate money to multiple pockets daily, weekly, monthly or yearly Maximise the use of pockets to manage finances, without the hassle Topping up GoPay Tabungan and emergency funds are
Slide 12: Jj Jago
Jj Jago