Bnk Banking Corporation Limited · ASX:BBC
Bnk Banking — Coffee Microcaps Conference (May 2024)
15 slides from Bnk Banking's conference presentation, May 9, 2024
Slide 1: ASX Release: Coffee Microcaps Investor Presentation
BNK Banking Corporation Limited Level 14, 191 St Georges Terrace Perth WA 6000 ASX Release, 9 May 2024 COFFEE MICROCAPS INVESTOR PRESENTATION BNK Banking Corporation Limited (ASX: BBC) (“BNK” or the “Company”), the brokers’ bank with over 40 years of experience, attaches an investor presentation tha
Slide 2: Investor Presentation - Coffee Microcaps Conference
ASX:BBC For personal use only INVESTOR PRESENTATION COFFEE MICROCAPS CONFERENCE BNK Banking Corporation Ltd May 2024
Slide 3: BNK – The Bank for Enterprising Australians
BNK – The Bank for Enterprising Australians For personal use only ASX-listed bank with more than 40 years of experience Direct to consumer Award-winning non-bank deposits and post home and commercial settlement brand for loan origination platform broker originated BNK Goldfields Money loans merges w
Slide 4: The case for investing in BNK Bank
The case for investing in BNK Bank The bank for Enterprising Australians ASX:BBC For personal use only Track record of Diversified funding Expansive product Focus on SME market accelerated lending base range growth • Loan book funded through a • Offers a diverse product • Strategic expansion into hi
Slide 5: BNK Bank at a glance
BNK Bank at a glance Financial highlights (as at 31 December 2023) ASX:BBC Lending book Prime Residential Strategic highlights Home Loans $1.5bn Delivered three years of consistent, sustainable For personal use only • 30.9% YoY Growth ~85% growth with record highs in loans and deposits and a strong
Slide 6: Fixed Rate Home Loans
Fixed Rate Home Loans Fixed Rate maturities will provide potential for margin uplift ASX:BBC For personal use only 4.71% 104.5 • Approximately 80% of the remaining Fixed Rate HL book due to rollover up to 82.8 December 2024. 2.87% 3.01% • Current pricing and active retention should 2.53% provide ups
Slide 7: BNK Loan Book, Deposits & Net Interest Income
BNK Loan Book, Deposits & Net Interest Income Record highs achieved across lending and deposits ASX:BBC For personal use only Loan book ($m) Deposit book ($m) Net Interest Income ($m) 1478 1549 10.0 1349 8.7 8.6 1166 1252 1183 984 7.0 965 5.9 829 740 6 1H22 2H22 1H23 2H23 1H24 1H22 2H22 1H23 2H23 1H
Slide 8: Managed growth and diversification in BNK-funded lending portfolio
Managed growth and diversification in BNK- funded lending portfolio ASX:BBC Stable risk profile despite steady increase in higher margin loans Portfolio by Payment Type Portfolio By Loan Type For personal use only HY23 HY24 HY23 HY24 Stable position Modest increase with borrower in investor equity c
Slide 9: Strong Cornerstone Portfolio
Strong Cornerstone Portfolio Delivered growth while maintaining strength in underlying loan portfolio ASX:BBC For personal use only Loan quality control maintained High quality customers • Retained interest rate servicing buffer of • Increase in offset account balances from 3.0% for Prime home loans
Slide 10: Credit Quality & Loss Protection
Credit Quality & Loss Protection Portfolio remains resilient despite increase in arrears ASX:BBC Prime Portfolio Delinquency Rate vs Prime SPIN Portfolio Hardship Rate (% ofcustomers) For personal use only 1.40% 1.20% >90 days arrears = 0.41% (16 customers) 1.00% 0.80% 0.60% 0.40% 0.20% 0.00% Jul-21
Slide 11: Expansive product range
Expansive product range From an award-winning lender ASX:BBC For personal use only Diverse product range to assist a larger market ‘One-stop’ shop for brokers • Network consisting of ~12,000 brokers 201 201 5 6 Consumers • Home loans (prime and specialist) • Cash management and term deposits • Every
Slide 12: Management with a Proven Track Record
Management with a Proven Track Record In implementing and executing expansion strategies ASX:BBC For personal use only Allan Savins – Chief Executive Officer Stephen Kinsella – Chief Financial Officer • Over 40 years of experience in the financial services industry. • Over 30 years of experience in
Slide 13: Highly Experienced Board
Highly Experienced Board Driving the next stage of growth ASX:BBC For personal use only Jon Denovan - Non-Executive Director Warren McLeland - Non-Executive Director • Leading mortgage industry authority on regulation & compliance. • Former stockbroker and investment banker with over 35 • First hono
Slide 14: BNK is executing on its strategy
BNK is executing on its strategy Becoming a market leading SME bank ASX:BBC For personal use only GROWTH MARGIN PROFITABILITY TARGET: Selectively increase TARGET: Increase BNK’s Net TARGET: Focus on achieving steady, BNK’s balance sheet loan book to Interest Margin to 2% over the sustainable growth
Slide 15: Enquiries
Enquiries ASX:BBC For personal use only Investor Enquiries Michelle Loh Cannings Strategic Communications Email: mloh@canningscomms.com.au Telephone: +61 497 834 937 Media Enquiries Amy Piek Cannings Strategic Communications Email: amy.piek@canningscomms.com.au Telephone: +61 447 617 676 14