Tisco Financial Group Public Co. Ltd. · SET:TISCO

Tisco Financial Group Public — Q1 2020 Earnings Presentation

20 slides from Tisco Financial Group Public's earnings presentation, Apr 20, 2020

  1. Slide 1: Analyst Meeting 1Q2020

    TISCO Financial Group Public Co., Ltd. Analyst Meeting 1Q2020 April 20, 2020

  2. Slide 2: Consolidated Income Statements

    Consolidated Income Statements Unit : Million Baht 1Q19 4Q19 1Q20 % QoQ % YoY Interest Income 4,390 4,735 4,525 (4.4) 3.1 Interest Expenses (1,287) (1,263) (1,094) (13.3) (15.0) Net Interest Income 3,102 3,472 3,430 (1.2) 10.6 Fee & Service Income 1,460 1,965 1,476 (24.9) 1.1 Fee & Service Expenses

  3. Slide 3: Assets and Liabilities

    Assets and Liabilities Assets Liabilities Unit: Million Baht Unit: Million Baht +1.9% YTD +1.4% YTD Unit : Million Baht 2018 2019 1Q20 % YTD Unit : Million Baht 2018 2019 1Q20 % YTD Deposits & Loans - Net 240,654 242,826 237,872 (2.0) 241,985 234,421 237,576 1.3 Borrowings Allowance (11,674) (10,717

  4. Slide 4: Loan Portfolios

    Loan Portfolios -1.1% YTD Total Loans Unit: Million Baht -2.0% YTD Retail Loans -3.5% YTD Corporate Loans -11.5% YTD SME Loans 4

  5. Slide 5: Retail Loan Portfolio Breakdown

    Retail Loan Portfolio Breakdown Unit: Million Baht -1.1% YTD -1.8% YTD +3.4% YTD -5.6% YTD -2.0% YTD +0.5% YTD *Remark: Mortgage Loans include Housing Loans and Home-Equity Loans 5

  6. Slide 6: TISCO Auto Cash

    TISCO Auto Cash Auto Cash Loan Outstanding Unit: Million Baht Auto Cash +3.4% YTD Somwang +4.4% YTD Somwang Loan Outstanding vs NPLs Somwang Branches 6

  7. Slide 7: Industry Car Sale & Penetration Rate

    Industry Car Sale & Penetration Rate Industry New Car Sale Units 120,000 100,000 80,000 60,000 40,000 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec TISCO’s Auto HP Penetration Rate 7

  8. Slide 8: Interest Income & NIM

    Interest Income & NIM Net Interest Income Unit: Million Baht -1.2% QoQ +10.6% YoY 8

  9. Slide 9: Interest Income & NIM (Cont.)

    Interest Income & NIM (Cont.) Old Accounting Standard New TFRS 9 2019* 1Q2019 4Q2019* 1Q2020 1Q2020 Yield on Loans (%) 6.9 6.9 6.9 7.0** 7.3 Cost of fund (%) 2.1 2.1 2.1 1.8 1.8 Loan Spread (%) 4.8 4.8 4.8 5.1 5.5 Net Interest Margin (%) 4.2 4.1 4.2 4.4 4.7 Credit Cost (%) 0.5 0.2 0.6 0.8*** 1.7 Loa

  10. Slide 10: Asset Quality

    Asset Quality Non-Performing Loans Unit: Million Baht 2018 2019 1Q20 NPL by Loan Type Million Baht % Million Baht % Million Baht % Corporate - - 259 0.7 259 0.7 SME 112 0.8 158 1.2 132 1.1 Hire Purchase 3,845 2.8 3,249 2.4 3,788 2.8 Mortgage 1,345 6.6 1,316 7.7 864 5.4 Auto Cash 1,564 4.9 848 2.4 1,

  11. Slide 11: Expected Credit Loss

    Expected Credit Loss Expected Credit Loss Unit: Million Baht ECL Adjustment ECL 1,050 Forward Looking Model (840) 2-yr Amortized Excess Reserve 262 472 Normalized ECL 472 Allowance for ECL Unit: Million Baht TFRS 9 ECL Excess Reserve 2-yrs straight-line amortized of 262 MM per quarter Major increase

  12. Slide 12: Funding

    Funding Total Funding Unit: Million Baht +1.3% YTD Unit : Million Baht 2018 2019 1Q20 % YTD Current 2,484 2,638 3,393 28.6 Savings 54,684 37,802 45,887 21.4 Fixed Deposits 135,941 175,645 171,349 (2.4) Short-Term Bill of Exchanges 5,877 37 37 - Senior Debentures 43,000 18,300 16,910 (7.6) Total Depo

  13. Slide 13: Non-Interest Income

    Non-Interest Income Non-Interest Income from Core Businesses Non-Interest Income from Core Businesses Breakdown Unit: Million Baht Data for 3M2020 -7.9% QoQ -0.1% YoY Unit : Million Baht 1Q19 4Q19 1Q20 % QoQ % YoY Ba nki ng Fee 1,059 1,192 976 (18.1) (7.8) Bancassurance Fee 702 898 679 (24.3) (3.2)

  14. Slide 14: Asset Management Business

    Asset Management Business -0.3% YTD TISCO Asset Under Management Unit: Million Baht Rank #1 Provident Fund -4.0% YTD -16.1% YTD Rank #13 Mutual Fund -5.5% YTD Rank #8 Rank #5 Private Fund *Remark: Market Share and Rankings as of February 2020 14

  15. Slide 15: Brokerage Business

    Brokerage Business TISCO Trading Volume & Market Share Unit: Million Baht TISCO Trading Volume by Customers 15

  16. Slide 16: Operating Expenses

    Operating Expenses Operating Expenses Unit: Million Baht Cost to Income Ratio -14.3% QoQ -12.0% YoY Unit : Million Baht 1Q19 4Q19 1Q20 % QoQ % YoY Employees' Expenses 1,671 1,626 1,337 (17.7) (20.0) Premises & Equipment Expenses 307 336 322 (4.3) 4.8 Taxes & Duties 75 75 79 4.1 5.4 Other Expenses 26

  17. Slide 17: Capital Adequacy

    Capital Adequacy Capital Adequacy Ratio of TISCO Bank Unit: Million Baht *Remark: Projected figures Risk-Based Capital Exposure 2019 1Q20 17

  18. Slide 18: Employees and Branch Network

    Employees and Branch Network Total Employees Total Branch Network 18

  19. Slide 19: Investor Relations

    Investor Relations TISCO Financial Group Public Company Limited 48/49 TISCO Tower, North Satorn Road, Silom, Bangrak, Bangkok, 10500, Thailand +(66) 2633 6868 +(66) 2633 6855 ir@tisco.co.th www.tisco.co.th Disclaimer This presentation material may contain forward-looking statements. These forward-lo

  20. Slide 20: O)SiL

    O)SiL

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