Hrvatska Postanska Banka D.d. · ZSE:HPB
Hrvatska Postanska Banka D.d — HPB p.l.c. — Jan-May 2016 Earnings Presentation
15 slides from Hrvatska Postanska Banka D.d's earnings presentation, Jun 14, 2016
Slide 1: Market share, client number and operating profit growth
MARKET SHARE, CLIENT NUMBER AND OPERATING PROFIT GROWTH PRESENTATION TO SHAREHOLDERS AND PRELIMINARY FINANCIAL RESULTS FOR THE PERIOD FROM JAN 01 TO MAY 31 2016 Zagreb, June 14 2016 HPB p.l.c.
Slide 2: HPB Trendovi 2016
HPB TRENDOVI 2016 Operating profit exceeds the record set in 2015 Net profit slightly below 2015 due to higher impairment losses MARKET SHARES: Plan for 2016.: net profit remains unchanged, higher operating profit LOANS + 0,2 pp in Q1/16 = 4,62% (∆Q1/16: HPB: +1,3%, sector: -3,0%) Loan and deposit g
Slide 3: Operating profit – continuous growth
OPERATING PROFIT – CONTINUOUS GROWTH (in HRK million) INTEREST INCOME: interest income is less than expected in spite of volume C/I C/I growth, partially recouped by reduced 58,4% +4,7% 55,9% interest expenses FEES: growth in retail and corporate exceeds decline in cash payments, card +9,1% fees (in
Slide 4: Decrease in interest income in spite of volume growth, improved loan portfolio structure
DECREASE IN INTEREST INCOME IN SPITE OF VOLUME GROWTH, IMPROVED STRUCTURE OF LOAN PORTFOLIO NET INTEREST INCOME: Interest income 3,1% LESS THAN PLANNED Interest expense (in HRK million) (u mil. HRK) Corporate continuous decline of interest rates on lower interest rate + lower volume on average & ter
Slide 5: Fees and commissions – higher than planned
FEES AND COMMISSIONS – HIGHER THAN PLANNED NET FEE AND COMMISSION INCOME: CORPORATE 2,9% HIGHER THAN PLANNED increased income from FX payment operations Fee and commission income higher guarantee volume and associated income (in HRK million) (+46%) RETAIL Higher income from bundles & HPB combination
Slide 6: Operating costs are less than planned
OPERATING COSTS ARE LESS THAN PLANNED Operativni troškovi (u mil. HRK) PERSONNEL actual costs less than planned staff number 1.041 (-36 y-o-y) GENERAL & ADMINISTRATIVE EXPENSES savings achieved in postal and telecommunication services, cash transport, security services and IT equipment maintenance (
Slide 7: Provisions for impairment losses
PROVISIONS FOR IMPAIRMENT LOSSES Impairment losses and charges NPL coverage ratio (in HRK ‘000) (in%) 66,1 66,3 64,3 63,1 62,0 60,9 58,4 56,9 54,4 53,0 52,0 III. 2015. VI. 2015. IX. 2015. XII. 2015. III. 2015. V. 2015. HPB SECTOR • higher provisions for impairment losses caused by the need to recogn
Slide 8: Strong retail loans growth, in spite of declining market
STRONG RETAIL LOANS GROWTH, IN SPITE OF DECLINING MARKET Gross loans Slight SME growth (in HRK million) NET LOANS ↑4,8% repayment by state units has been Strong growth, mainly housing loans GROSS LOANS ↑4,1% compensated by higher lending volume in large corporate segment RETAIL LOANS ↑4,8% housing l
Slide 9: Deposit growth above plan and market
DEPOSIT GROWTH ABOVE PLAN AND MARKET Deposits treasury operations: (in HRK million) repayment of bank’s deposits Deposits exceed market DEPOSITS ↑ 4,3% Acquisition activities continued movements, with spillover from (historically highest level) +4,3% term to demand deposits CORPORATE DEPOSITS (+12,6
Slide 10: Corporate: market share growth in deposits and stabilized market share in loans
CORPORATE: MARKET SHARE GROWTH IN DEPOSITS AND STABILIZED MARKET SHARE IN LOANS • Loan movement in 2015 is determined by the decrease in exposure to an individual group, whilst the dynamics in 2016 is in line with the market • Fluctuating market shares in deposits with strong growth recorded in Q1 2
Slide 11: Retail: robust growth in all segments
RETAIL: ROBUST GROWTH IN ALL SEGMENTS • loans approved ytd 2016 amount to HRK 720 million (6.598 loans) therein HRK 377 million relates to housing loans (954 kredita) • 14.405 new current accounts opened (ytd 2015 = 12.658; +14% y-o-y) • 7.545 insurance policies (+11% y-o-y) Retail Loans Housing Loa
Slide 12: SuperSmart HPB current account
SuperSmart HPB current account • First and only on Croatian market • Online account opening via video call – without coming to a branch • Product in line with international trends (6 countries in Europe) • Targeted group – clients of other banks and completely new users • Opening in few simple steps
Slide 13: Thorough changes of HPB internally and externally
Thorough changes of HPB internally and externally New functional 100% Croatian concept of outlets Mobile banking mHPB • Still most advanced mobile banking in Croatia Pošta & HPB Postal office becomes a • additional functionalities from Feb 2016 MasterCard card „bank within the post” • SuperSmart acc
Slide 14: Significant projects flow as planned
SIGNIFICANT PROJECTS FLOW AS PLANNED Bank’s adjustment to SEPA formats, payment schemes and business rules in line with new regulations in Croatia SEPA start Jan 01 2015 – (SCT ended Jun 6 2016, SDD deadline Feb 01 2017) Optimization of loan underwriting process & collateral management & portfolio M
Slide 15: Thank you for your attention Q&A
Thank you for your attention Q&A 15 HPB p.l.c.