Hyakugo Bank, Ltd. · TSE:8368
Hyakugo Bank — FY 3/24 Earnings Presentation
14 slides from Hyakugo Bank's earnings presentation, July 2024
Slide 1: Outline of Financial Position
Outline of Financial Position
Slide 2: Summary of Financial Results
Outline of Financial Position Summary of Financial Results Net income decreased 3.2% year-on-year, mainly due to an increase in credit costs (100 million yen) Year-on- (Million yen) FY 3/23 FY 3/24 Year-on- year FY 3/23 FY 3/24 year Gross operating income (1) 55,748 57,706 1,957 Interest and dividen
Slide 3: Interest income
Outline of Financial Position Interest income An increase in interest on loans and securities contributes to higher interest income of 20.2% year-on-year Year-on- Factors underlying changes in net interest income (Million yen) FY 3/23 FY 3/24 year <All branches (domestic and international operations
Slide 4: Fees and Commissions
Outline of Financial Position Fees and Commissions Fees and commissions decreased 1.0% year-on-year, mainly due to an increase in insurance premiums paid in response to the accumulation of outstanding mortgage loans. (Million yen) Year-on- Fees and commissions graph (non-consolidated) (Million yen)
Slide 5: Expenses
Outline of Financial Position Expenses Expenses grew 2.2% year-on-year due to increases in personnel and non-personnel expenses (Million yen) Expenses and core OHR Year-on- (Million yen) Taxes Non-personnel expenses Personnel expenses FY 3/23 FY 3/24 year 75.67% OHR (core gross operating profit basi
Slide 6: Credit Costs (non-performing loans ratio)
Outline of Financial Position Credit Costs (non-performing loans ratio) Credit costs rose year-on-year mainly due to changes in the method of calculating the general allowance for loan losses. (Million yen) Credit costs (non-consolidated) (Million yen) Year-on- FY 3/23 FY 3/24 Other Loss on sale of
Slide 7: Deposits (including negotiable certificates of deposit)
Outline of Financial Position Deposits (including negotiable certificates of deposit) Individual deposits and corporate deposits both remained strong, with total deposits up 1.8% year-on-year (100 million yen) (100 million yen) YoY Total deposits (average balance) FY 3/23 FY 3/24 change 60,212 up To
Slide 8: Loans
Outline of Financial Position Loans Loans increased 8.1% year-on-year, mainly due to an increase in loans to individuals, such as housing loans, and loans to small and medium-sized businesses (100 million yen) YoY Total loans (average balance) (100 million yen) FY 3/23 FY 3/24 Tokyo, Osaka Aichi Pre
Slide 9: Securities Investments
Outline of Financial Position Securities Investments Valuation gains (losses) on securities increased, mainly in stocks and investment trusts (100 million yen) end of 3/23 end of 3/24 Year-on-year Securities balance Securities balance 14,019 15,621 1,601 (100 million yen) Government bonds Municipal
Slide 10: Equity ratio
Outline of Financial Position Equity ratio The equity ratio fell 0.01 percentage points year-on-year, due to an increase in risk assets, resulting from an increase in loans and other factors Equity capital, shareholders’ equity, and equity ratio (100 million yen) (100 million yen) Equity capital Sha
Slide 11: FY 3/2025 Forecasts (published figures)
Outline of Financial Position FY 3/2025 Forecasts (published figures) Expectations of higher income based on an improvement in gain and loss from government bonds and other bonds and a decrease in credit costs Forecast (non-consolidated) (Million yen) Forecast (consolidated) (Million yen) FY 3/25 FY
Slide 12: Initiatives to Improve Corporate Value
Outline of Financial Position Initiatives to Improve Corporate Value The Bank will promote initiatives to improve P/B ratio in line with its basic policy of capital allocation to enhance corporate value Initiatives to improve P/B ratio Enhanced interest and service Higher RORA Enhanced earnings inco
Slide 13: Shareholder Returns
Outline of Financial Position Shareholder Returns Past initiatives for shareholder returns and forecast for FY2024 Approach to shareholder returns Long-term, stable dividends The Bank returns profits to shareholders based on the principle of long-term, stable dividends, while taking care to increase
Slide 14: Status of Cross-shareholdings
Outline of Financial Position Status of Cross-shareholdings Review cross-shareholdings from the viewpoint of significance of holding and economic rationality Policy for reducing cross-shareholdings Accelerate the use of funds for the sale of cross-shareholdings in strategic Number of cross-sharehold