Indian Overseas Bank · NSE:IOB

Indian Overseas Bank — Q3 FY2023 Earnings Presentation

37 slides from Indian Overseas Bank's earnings presentation, Feb 23, 2023

  1. Slide 1: Performance Analysis – Q3 FY23

    Use Panels to hold statements Subtitle (EY Interstate 16 point) XX Month 200X (EY Interstate bold 16 point) Performance Analysis – Q3 FY23 visit us @ https://www.iob.in Indian Overseas Bank

  2. Slide 2: Index

    INDEX Vision Mission Statement. …………………………………………………………….. 03 Performance Highlights …………………………………………………………….. 4-5 Financial Performance …………………………………………………………….. 6-13 Business Performance …………………………………………………………….. 14-18 NPA Management …………………………………………………………….. 19-21 Capital Adequacy 22-23 …………………………

  3. Slide 3: Vision Mission Statement 2021-2026

    Vision Mission Statement 2021-2026 VISION “To emerge as the preferred Bank connecting Generations with high standards of ethics and governance”. CORE VALUES  Integrity and Transparency  Innovation and collaboration  Sustainability MISSION “To provide best Banking solutions through digital and phy

  4. Slide 4: Performance Highlights Q3 FY 2022-23: Business Growth

    PERFORMANCE HIGHLIGHTS Q3 FY 2022-23 Rs. in crores Quarter Ended Growth Parameters Dec-21 Sep-22 Dec-22 Q-o-Q(%) Y-o-Y(%) CASA 105105 111924 114591 2.38% 9.03% BUSINESS GROWTH CASA% 42.53% 42.76% 44.50% 174 bps 197 bps Total Deposits 247119 261728 257480 -1.62% 4.19% Home Loan 19414 22458 23065 2.71

  5. Slide 5: Performance Highlights Q3 FY 2022-23: Strengthening

    PERFORMANCE HIGHLIGHTS Q3 FY 2022-23 Rs. in crores Parameters Dec-21 Sep-22 Dec-22 Q-o-Q(%) Y-o-Y(%) Gross NPA 15427 14726 14333 -2.67% -7.09% QUALITY Net NPA 3587 4149 4000 -3.58% 11.51% ASSET GNPA% 10.40% 8.53% 8.19% (34bps) (221bps) NNPA% 2.63% 2.56% 2.43% (13 bps) (20 bps) Parameters Dec-21 Sep-

  6. Slide 6: Financials - At a Glance

    FINANCIALS - AT A GLANCE Rs. in crores visit us @ https://www.iob.in Performance Analysis –Q3 FY23 6

  7. Slide 7: Total Income

    TOTAL INCOME Rs. in crores Quarter Ending 9 Months Growth % Particulars 9Months Dec-21 Sep-22 Dec-22 Q-o-Q Y-o-Y FY 22-23 Over FY-2021-22 FY-2022-23 9M FY 21-22 Interest on Loans 2752 3139 3515 7983 9519 11.98% 27.73% 19.24% Interest on Investment 1407 1489 1448 4211 4453 -2.80% 2.90% 5.75% Other In

  8. Slide 8: Fee Based Income

    FEE BASED INCOME Rs. in crores Quarter Ending 9 Months Growth % Particulars 9Months Dec-21 Sep-22 Dec-22 Q-o-Q Y-o-Y FY 22-23 Over FY-2021-22 FY-2022-23 9M FY 21-22 A.Exchange & Commission 69 88 82 213 246 -7.30% 17.51% 15.50% B.Income from Non Fund Based Business 46 43 45 134 134 4.18% -1.99% -0.41

  9. Slide 9: Total Expenses

    TOTAL EXPENSES Rs. in crores visit us @ https://www.iob.in Performance Analysis –Q3 FY23 9

  10. Slide 10: Provisions & Profit

    PROVISIONS & PROFIT Rs. in crores Quarter Ending 9 Months Growth % Particulars 9Months Dec-21 Sep-22 Dec-22 Q-o-Q Y-o-Y FY 22-23 Over FY-2021-22 FY-2022-23 9M FY 21-22 Operating Profit 1527 1494 1540 4148 4060 3.06% 0.85% -2.12% Provisions 1073 993 985 2991 2612 -0.82% -8.23% -12.69% of which NPA Pr

  11. Slide 11: Performance Ratios – Quarterly

    PERFORMANCE RATIOS – QUARTERLY Rs. in crores Cost of Deposits Cost of Funds 4.22 4.19 4.12 4.11 4.10 4.16 4.04 4.14 4.06 4.06 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Yield on Advances Yield on Investment 8.43 5.80 5.82 5.83 5.94 5.89 7.83 7.52 7.24 7.34 Dec-21 Mar-22 Ju

  12. Slide 12: Performance Ratios – Quarterly

    PERFORMANCE RATIOS – QUARTERLY Rs. in crores Yield on Funds Net Interest Margin 7.27 3.27 2.79 6.76 2.41 2.53 2.40 6.42 6.40 6.31 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Return on Assets Cost to Income 0.74 0.73 0.65 56.27 0.62 0.51 51.62 52.21 48.15 44.62 Dec-21 Mar-22

  13. Slide 13: Valuations

    VALUATIONS Rs. in crores Particulars Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 *Return on Equity (%) 15.37 18.12 12.51 15.70 16.56 *Basic & Diluted Earning per Share 0.24 0.29 0.21 0.27 0.29 *Price Earning Ratio 84.71 62.11 78.09 64.81 109.29 Book value per share (in Rs) 6.37 6.54 6.73 6.98 7.21 Price/Book

  14. Slide 14: Business Performance - Global

    BUSINESS PERFORMANCE - GLOBAL Rs. in crores Q-o-Q variation Y-o-Y variation Particulars Dec-21 Sep-22 Dec-22 Q-o-Q (%) Y-o-Y (%) Amount % Amount % CASA 105105 111924 114591 2.38% 9.03% 2667 2.38% 9486 9.03% a)Retail Term Deposits 131524 135188 130771 -3.27% -0.57% -4416 -3.27% -753 -0.57% b)Bulk Dep

  15. Slide 15: Deposits Composition

    DEPOSITS COMPOSITION Rs. in crores Y-o-Y variation Q-o-Q variation Parameters Dec-21 Sep-22 Dec-22 Amount % Amount % Domestic-Deposits Savings Bank 88253 95370 96537 8284 9.39% 1167 1.22% Current Account 15135 14839 15807 672 4.44% 969 6.53% CASA 103388 110208 112344 8956 8.66% 2135 1.94% Term Depos

  16. Slide 16: Risk Spread - Assets

    RISK SPREAD - ASSETS Rs. in crores Y-o-Y variation Q-o-Q variation Parameters Dec-21 Sep-22 Dec-22 Amount % Amount % Ret ail 35501 39834 40838 5337 15.03% 1005 2.52% Agri 36874 41814 42284 5410 14.67% 470 1.12% MSME 27437 31497 31783 4346 15.84% 286 0.91% Corporat e/ot hers 37259 46326 45994 8735 23

  17. Slide 17: RAM Performance

    RAM PERFORMANCE Rs. in crores Parameters Dec-21 Sep-22 Dec-22 Y-o-Y % Q-o-Q % RETAIL BREAK UP -DEC-22 RETAIL CREDIT 35501 39834 40838 15.03% 2.52% Others 22% Of which Personal Home 19414 22458 23294 19.98% 3.72% 4% Education 4096 3644 3482 -14.99% -4.45% Vehicle Home 57% 9% Vehicle 3369 3634 3677 9.

  18. Slide 18: Investments

    INVESTMENTS Rs. in crores Parameters Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Domestic Investments 93145 96409 96794 93337 92642 SLR 62365 66154 68225 65224 65043 Non SLR 30780 30255 28569 28113 27599 Held to Maturity 75301 76971 79192 77861 77454 Av ailable for Sale 17214 19438 17602 15476 15158 Held for

  19. Slide 19: NPA Management

    NPA MANAGEMENT Rs. in crores Details Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 i) Opening Gross NPAs 15666 15427 15299 14919 14726 a. Cash Recov eries 269 284 379 243 340 b. Upgradation 152 178 260 207 380 c. Write-Offs 1119 702 367 1287 1356 d. Sale to ARCs 0 40 0 11 0 ii) Total Reductions (a+b+c+d) 1540

  20. Slide 20: Sector-wise Credit Deployment & NPA

    Sector-wise Credit Deployment & NPA Rs. in crores Dec-21 Sep-21 Dec-22 Segmental NPAs ADV NPA Ratio % ADV NPA Ratio % ADV NPA Ratio % Retail 35501 1398 3.94% 39834 1484 3.72% 40838 1646 4.03% Agri 36874 2816 7.64% 41814 2912 6.96% 42284 2961 7.00% MSME 27437 3148 11.47% 31497 3269 10.38% 31783 3122

  21. Slide 21: Movement of NPA Ratio & PCR

    MOVEMENT OF NPA RATIO & PCR GNPA NNPA 10.40% 9.82% 2.63% 2.65% 2.56% 2.43% 2.43% 9.12% 8.53% 8.19% Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 PCR 92.33% 91.66% 91.86% 90.94% 91.34% 76.62% 75.00% 75.21% 71.85% 72.09% Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 PCR (including techwri

  22. Slide 22: Capital Adequacy

    CAPITAL ADEQUACY Rs. in crores Particulars Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Market Risk RWA 12153 12491 10352 9058 8695 Operational Risk RWA 13402 13402 15066 15066 15066 Credit Risk RWA 86579 90176 96162 99060 100294 Total RWA (A) 112134 116069 121580 123184 124055 CET 1 14513 12428 14279 14921.1

  23. Slide 23: Movement of CRAR & RWAs

    MOVEMENT OF CRAR & RWAs CRAR 15.41% 14.79% 15.14% 15.16% 13.83% Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Credit RWA to Advance Ratio Total RWA to Advance Ratio 75.97% 58.80% 74.50% 74.34% 58.37% 57.88% 57.36% 57.29% 71.32% 70.87% Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 visit

  24. Slide 24: Financial Inclusion

    Financial Inclusion Jansuraksha Scheme (In Lakhs) PMJDY Account (Number in Lakhs) 63.50 66.18 44.85 60.52 43.08 53.17 53.14 34.39 20.10 20.81 12.83 9.88 10.60 7.63 Dec-21 Sep-22 Dec-22 PMJJBY PMSBY APY Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 PMJDY Zero balance Accounts No in Lakhs PMJDY Account Balance (

  25. Slide 25: Digital Outreach

    DIGITAL OUTREACH Alternate Delivery Channels (Number of Transactions in Lakhs) 107.12 POS 109.87 29.64 E-Com 47.03 511.72 ATM/CDM (On & Off) 469.29 Dec-22 Dec-21 visit us @ https://www.iob.in Performance Analysis –Q3 FY23 25

  26. Slide 26: Digital Outreach

    DIGITAL OUTREACH ATM/CDM USERS MOBILE BANKING REGISTERED USERS (NO OF OUTLETS) (IN LAKHS) 59.52 60.96 3455 54.83 3438 51.64 49.72 3382 3355 3270 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 INTERNET BANKING REGISTERED USERS UPI REGISTERED USERS (IN LAKHS) (IN LAKHS) 24.73 67

  27. Slide 27: Customer Touch Points Pan-India

    CUSTOMER TOUCH POINTS PAN-INDIA as on 31.12.2022 Region Branch ATM BC DBU Solan Nort hern Region 632 524 256 East ern Region 301 220 191 West ern Region 594 566 325 Sout hern Region 1693 2145 1970 Grand Total 3220 3455 2742 Branch Network ATM Network Rural Metro Rural Metro 729 906 816 698 Urban Urb

  28. Slide 28: Overseas Footprint

    Overseas Footprint visit us @ https://www.iob.in Performance Analysis –Q3 FY23 28

  29. Slide 29: Strategic Investments - Joint Venture

    Strategic Investments- Joint Venture visit us @ https://www.iob.in Performance Analysis –Q3 FY23 29

  30. Slide 30: Shareholding Pattern

    Shareholding Pattern Shareholding Pattern-Dec-22 Category of Shareholder %share Government of India 96.38% FI/Banks 1.23% Government of India, Foreign Portfolio Investor (Corporate) 0.10% 96.38% Mutual Funds 0.11% Insurance Companies 0.02% Institution, 1.63% Individual 1.62% ESOP/ESOS/ESPS 0.28% Ind

  31. Slide 31: Assets & Liabilities - An Overview

    Assets & Liabilities-An Overview (Rs. In lakhs) As at 31.12.2022 As at 31.12.2021 (Reviewed) (Reviewed) Capital & Liabilities Capital 18,90,241 18,90,241 Reserv e & Surplus 5,69,277 3,11,811 Deposits 2,57,47,997 2,47,11,831 Borrowings 13,36,533 3,72,296 Other Liabilities & Prov isions 6,51,984 6,37,

  32. Slide 32: visit us @ https://www.iob.in

    visit us @ https://www.iob.in Performance Analysis –Q3 FY23 32

  33. Slide 33: Green initiatives

    As a part of Green Initiative, the Bank is moving towards Paperless banking through various initiatives such as Mobile Banking, Internet Banking, BHIMIOB UPI, Debit Cards, Management of ATMs/Cash Recyclers/Passbook Kiosks, IOB PAY etc. For encouraging use of renewal energy, Bank offers special credi

  34. Slide 34: Social initiatives

    IOB is committed to and involved in various social causes, the most prominent being women empowerment. The Sakthi - IOB Chidambaram Chettiar Memorial Trust which was established with an Objective to empower the Women Folk in the lower strata of society through vocational training Credit facilities a

  35. Slide 35: Governance

    The Bank recognizes the critical importance of effective Corporate Governance for the safe and sound functioning of the Bank and lays emphasis on ensuring that structures, processes and systems are put in place to establish strategic objectives to serve the interest of the Bank and its stakeholders

  36. Slide 36: Disclaimer

    DISCLAIMER • Except for the historical information contained herein, statements in this release which contain words or phrases such as “will”, “aim”, “will likely result”, “would”, “believe”, “may”, “expect”, “will continue”, “anticipate”, “estimate”, “intend”, “plan”, “contemplate”, “seek to”, “fut

  37. Slide 37: Thank you

    » Thank you We express our heartfelt gratitude to all our stakeholders for their support & trust and solicit their continued patronage to make our beloved Bank grow exponentially in the coming years. Please provide your valuable feedback@investor.iobnet.co.in visit us @ https://www.iob.in Page 37 EY

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