Bank Of Bahrain And Kuwait B.s.c. · BAHRAIN:BBK
Bank Of Bahrain And Kuwait B.s.c — Q1 2024 Earnings Presentation
9 slides from Bank Of Bahrain And Kuwait B.s.c's earnings presentation, May 19, 2024
Slide 1: Investors' Conference Call Q1 2024
Investors’ Conference Call Q1 2024 May 19, 2024
Slide 2: Key Governance & Investors Relations Developments
Key Governance & Investors Relations Developments 1. Two new Board members were inducted and Board Committees were reconstituted after the AGM. 2. The Bank surpassed its target for % of independent directors standing at 50% and for the Group at 41%. 3. The Bank surpassed its target for % women on th
Slide 3: Corporate Social Responsibility Initiatives
Corporate Social Responsibility Initiatives 1. Training & Education: • Launch of Phase 2 of BBK Grow, a six-month training program. • Support Crown Prince's International Scholarship Program • Support Isa bin Salman Educational Fund 2. Youth: • Support Youth development with Injaz • Support Social w
Slide 4: Financial Highlights
Financial Highlights 4 BBK Investors’ Conference Call – Q1 2024
Slide 5: Financial Performance – Q1 2024
Financial Performance – Q1 2024 3% 33 32 1% 2% 20 20 16 16 11% 8 7 5% 4 4 NII Other income Operating expenses Net provisions, taxes & NCI Net profit In BD Millions Q1-2024 Q1-2023 5 BBK Investors’ Conference Call – Q1 2024
Slide 6: Financial Position – March 2024
Financial Position – 31 March 2024 5% 4,110 3,902 7% 2% 2,287 2,130 1,623 1,588 1% 602 611 Loans and advances Total assets Customer deposits Equity attributable to shareholders In BD Millions 31 Mar 2024 31 Dec 2023 6 9 BBK Investors’ Conference Call – Q1 2024
Slide 7: Key Performance Indicators
Key Performance Indicators Mar 2024 Dec 2023 Return on Average Equity* % 12.9 12.7 Profitability Return on Average Assets* % 2.0 1.9 Earnings per share* BHD 0.044 0.043 Cost/Income % 39.9 44.6 Specific Coverage Ratio % 63.0 68.7 Assets Quality ECL (Stage 1&2) Coverage Ratio % 1.9 2.3 Gross NPL/ Gross
Slide 8: Q&A
Q&A 8 BBK Investors’ Conference Call – Q1 2024
Slide 9: Thank you!
Thank you! 9 BBK Investors’ Conference Call – Q1 2024
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