Union Bank Of India Limited · NSE:UNIONBANK
Union Bank Of India — Q1 FY24 Earnings Presentation
25 slides from Union Bank Of India's earnings presentation, June 2023
Slide 1: Investor Presentation: Financial Results Q1 FY24
Investor Presentation Investor Presentation Investor Presentation Financial Results Financial Results Financial Q3 Results FY23 Financial Results Q3 FY23 Q4 FY23 Q1FY24 1
Slide 2: Global Business Mix – ₹ 19.46 Trillion
Global Business mix – ₹ 19.46 Trillion 5th Largest PSB in Business Mix* Overview ▪ Advances: ₹ 8.18 Trillion 9.5% Share among PSBs in Business* Guidance ▪ Deposits : ₹ 11.28 Trillion Shareholding (%) Q1 Highlights 8,561 Branches & 10,195 ATMs Branches Share 1.46 FII Business ▪ Rural (30%) ▪ Urban (2
Slide 3: Guidance vs Actuals
Overview Guidance vs Actuals Guidance Key Parameters Mar-24 Jun-23 Q1 Highlights (Actual) (Guidance) Business Advances Growth (YoY) 10 – 12% 12.33% Financials Deposits Growth (YoY) 8-10% 13.63% Asset Quality Capital NIM % ~3.00% 3.13% Adequacy Fin. Inclusion & GNPA % < 6.00% 7.34% ESG Strategic Init
Slide 4: Strong Operating Performance
Strong Operating Performance Overview Deposits RAM Advances Operating Profit Net Profit Guidance Q1 Highlights Business 13.63% YoY 14.92% YoY 12.33% YoY ₹ 7,179 Cr ₹ 3,236 Cr Financials Deposit growth Robust growth in RAM Consistent & Increased by 31.79% YoY Increased by 107.67% YoY advances Sustain
Slide 5: Robust & Diversified Credit Growth
₹ in crore Robust & diversified Credit Growth Overview Composition% Particulars Jun-22 Mar-23 Jun-23 YoY(%) Particulars Jun-22 Mar-23 Jun-23 YoY(%) Guidance Retail 1,39,410 1,59,702 1,62,373 16.47 56% Gross Advances 7,28,635 8,09,905 8,18,457 12.33 Q1 Highlights Agriculture 1,35,503 1,51,993 1,53,61
Slide 6: Credit to Industries
₹ in crore Credit to Industries Overview (% Share in Domestic Advances) Rating-Corporate Loans (>25 Cr) Guidance S No Sectors Jun-22 Jun-23 ₹ In Crore % Share ₹ In Crore % Share 8 Q1 Highlights 1 Infrastructure 1,11,414 15.69 1,02,812 12.96 12 -Power 48,438 - 44,340 - Business -Govt. PSU 23,991 - 25
Slide 7: Deposit Growth
₹ in crore Deposit growth Overview Liquidity Position Guidance Particulars Jun-22 Mar-23 Jun-23 Y-o-Y(%) Q1 Highlights Total Deposits 9,92,774 11,17,716 11,28,052 13.63 Particulars As on 30.06.23 Business Avg. LCR 160.83% - Domestic Deposits 9,92,517 11,06,089 11,12,887 12.13 Financials - CASA(%) 36
Slide 8: Investment Portfolio
₹ in crore Investment Portfolio Overview Guidance Domestic Investments 3,55,635 3,40,828 3,45,370 3,49,040 24 26 25 22 Q1 Highlights Business 76 74 75 78 Financials Jun-22 Dec-22 Mar-23 Jun-23 SLR Non SLR Asset Quality Capital Particulars Jun-22 Dec-22 Mar-23 Jun-23 Jun-22 Dec-22 Mar-23 Jun-23 Adequ
Slide 9: Profit & Loss Statement
Profit & Loss Statement Overview Parameter Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Y-o-Y Guidance Interest Income 18,174 19,682 20,883 22,005 23,478 29.18 Q1 Highlights Interest Expense 10,593 11,377 12,255 13,754 14,638 38.19 Business Net. Interest Income 7,582 8,305 8,628 8,251 8,840 16.59 Non-Interest
Slide 10: Provisions
Provisions Overview ₹ in crore Guidance Parameter Q1FY23 Q2FY23 Q3FY23 Q4FY23 FY23 Q1FY24 Q1 Highlights NPAs 3,653 2,816 2,443 3,567 12,479 1,984 Business Provision on Non Performing Investments 671 -113 861 496 1,915 -107 Financials Standard Assets -1,052 1,287 -290 -1094 -1,148 56 Asset Quality Ca
Slide 11: Key Ratios
Key Ratios Net Interest Margin (NIM) % Cost & Yield Ratio (%) Cost to Income Ratio (%) Overview Gross Profit per Employee (₹ in Cr) CoD YoA YoI Guidance 8.03 8.43 55.00 49.53 3.13 47.61 3.00 2.98 7.14 50.00 6.66 6.03 6.57 43.66 Q1 Highlights 4.97 45.00 4.81 40.00 4.03 0.38 Business 35.00 0.29 0.36 3
Slide 12: Movement of NPA
₹ in crore Movement of NPA Overview Parameter Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Guidance Gross NPA - Opening 79,587 74,500 65,391 63,770 60,987 Add : Additions 4,244 2,913 2,567 2,794 3,241 Q1 Highlights -Balance increase in existing NPA 685 211 262 107 209 Business -Fresh slippages 3,559 2,702 2,3
Slide 13: Sectoral Asset Quality
₹ in crore Sectoral Asset Quality Overview Slippages Outstanding NPA as on Sectoral NPA (%) Guidance Segment During Q1 FY 24 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Jun-22 Jun-23 Q1 Highlights Retail Loans 502 4,821 4,694 4,848 4,693 4,880 3.46 3.01 Business Agriculture 748 16,059 16,099 16,192
Slide 14: Capital Adequacy Ratio and RWA to Gross Advances
Capital Adequacy Ratio(%) RWA to Gross Advances(%) Overview 14.42 14.45 16.04 15.95 75.64 Guidance 71.76 71.42 72.09 2.13 2.09 Q1 Highlights 2.28 2.18 1.55 1.52 1.46 1.56 Business 12.36 12.34 10.68 10.71 Financials Asset Quality Jun-22 Dec-22 Mar-23 Jun-23 Jun-22 Dec-22 Mar-23 Jun-23 Capital CET I A
Slide 15: Inclusive Growth
Inclusive Growth Overview Priority Sector Lending Government Schemes Guidance Achieved Amount RBI Benchmark No. of Particulars (as % of Scheme Sanctioned (as % of ANBC) Accounts ANBC) (₹ in crore) Q1 Highlights Agriculture 18.00 18.50 PMSVANidhi 5,38,869 693 Small and Marginal Farmers 10.00 11.53 Un
Slide 16: ESG: Banking for Sustainable Development
ESG: Banking for Sustainable Development Overview Guidance Q1 Highlights Environmental Social Governance Business Credit facility to Renewable 30 RSETI Centres, trained 3.14 lakh Policy on Compensation, Grievance Financials Energy Sector – ₹ 10,939 Crore people with Settlement Ratio of 67% Redressal
Slide 17: Initiatives Across Domains
Initiatives Across Domains Overview Guidance Q1 Highlights Business Financials HR Digital Verticalization Asset Quality ❖ Empower Her/Power ❖ 40 Digital Journeys ❖ Transaction Monitoring ❖ Feet on Street, Him: Committee with including KCC & Gold Vertical to monitor EWS Leveraging BC Asset Quality a
Slide 18: Transforming the Bank Across Key Themes
Transforming the Bank Across 5 Key Themes Overview 1 2 Guidance Customer Engagement & Experience Advanced Analytics 40 digital journeys Bank-wide data-lake to enable 100+ advanced analytics use cases Q1 Highlights 10+ new digital assets Human Banking & Conversational AI Structured analytic
Slide 19: Building the Most Advanced Digital Banking Platform
Building the Most Advanced Digital Banking Platform Overview 350+ journeys to capture the end-to-end customer lifecycle Guidance Conversational AI Seamless Journey Hyper Personalization Omni-channel Experience Q1 Highlights Consumer assets Business consumer assets CRM & digital- Digital Contact Embe
Slide 20: Outcome of Various Digital Initiatives
Outcome of Various Digital Initiatives Overview Guidance 65% 1 lac+ 3rd Cumulative Q1 Highlights YoY growth in Fixed Highest volume of UPI Deposits amount sourced CBDC Retail User Registrations remittances processed digitally among PSBs Business Financials 94% 81% 22mn+ Asset Quality Cumulative Capi
Slide 21: Digital Footprints
(No. in Lakhs) Digital Footprints Overview Guidance Mobile Banking Users Net Banking Users(Retail) Credit Card Users 225 6.45 6.71 Q1 Highlights 201 213 75 174 74 5.52 5.75 72 Business 69 Financials Jun-22 Dec-22 Mar-23 Jun-23 Jun-22 Dec-22 Mar-23 Jun-23 Jun-22 Dec-22 Mar-23 Jun-23 Asset Quality Vol
Slide 22: UBISL
UBISL Overview Guidance PAN India Presence: Workforce: ❖ Footprints in 25 states ,117 Regional Offices ❖ 2700+ Employees Q1 Highlights ❖ Covering 127 locations Business Business & Cost Effectiveness: Financials ❖ Added 43000+ new loan accounts during Products Sourced: Q1FY24. ❖ Housing Loan, Vehicle
Slide 23: Subsidiaries & Joint Ventures
Subsidiaries & Joint Ventures ₹ in crore Profit After Tax Overview Name of the Entity Holding Description (%) Q1FY23 Q1FY24 Guidance Subsidiaries Union Bank of India (UK) Ltd. 100.00% 5.64 12.49 ❖ Geographical benefits in booking business in UK and Europe. Q1 Highlights ❖ Sponsored by Union Bank of
Slide 24: Awards and Accolades Q1FY24
Awards and Accolades Q1FY24 Overview Gold Category in BFSI for Union Prerna Project by SKOCH Awards Guidance Q1 Highlights Business 1st Rank in the category of “ Best Financials Economic Times - Future Ready Guarantee Coverage (Number)” for FY Organization 2023-24 Award 2022-23 by CGTMSE Asset Quali
Slide 25: Thank You
Disclaimer Except for the historical information contained herein, statements in this presentation which contain words or phrases such as “is”, “aims”, ‘will’, ‘would’, ‘indicating’, ‘expected to’ etc., and similar expressions or variations of such expressions may constitute ‘forward-looking stateme