Soneri Bank Limited · PSX:SNBL
Soneri Bank — Investor Presentation (December 2024)
18 slides from Soneri Bank's investor presentation, December 2024
Slide 1: Soneri Bank Limited Corporate Briefing Session 2024
Soneri Bank Limited Corporate Briefing Session 2024
Slide 2: Note about forward-looking statements
Note about forward-looking statements This document contains or incorporates by reference “forward-looking statements” regarding the belief or current expectations of Soneri Bank Limited (the “Bank”), the Board of Directors, and members of senior management about the strategy, businesses and perform
Slide 3: Company Brief
Company Brief | a
Slide 4: The Bank – At A glance
The Bank – At A glance Commencement of Operations April 1992 Registered Office Lahore Major Sponsors Feerasta Family Credit Rating (Long Term / Short Term) AA- / A1+ Branches 540 (including 68 Islamic Branches and 15 IBWs) Footprint (Cities Covered) 224 cities/towns in Pakistan Market Share 1.87% of
Slide 5: Equity Progression
Equity Progression Current Market Our share capital over the years…… Capitalization – PKR 19.7 Rs in Bns Bn 12.000 11.025 10.023 10.000 9.021 8.028 8.000 6.023 6.000 5.019 4.114 4.000 3.117 1.653 2.000 1.018 1.272 0.501 0.626 0.783 0.300 0.330 0.380 - 1992 -2006 2007 onwards Key Indicators 2019 2020
Slide 6: Earnings, Payouts and Shareholding Pattern
Earnings, Payouts and Shareholding Pattern Presented below is the Bank’s Dividend payout, as compared to the earnings Pattern of Shareholding – September 2024 for the relevant year and the market price of the Bank’s share. Shares Particulars Percentage (Millions) DIRECTORS, CEO & THEIR SPOUSES AND 1
Slide 7: Key Developments
Key Developments | 5 [EEE
Slide 8: Key Developments
Key Developments Till date, 97 new branches have been added to our network in Enhanced Outreach Target Branches at year end 2024 taking the total tally to 540. During the year, our retail teams successfully initiated drives to through Network 2024 are 544 branches with tap market potential and furth
Slide 9: Key Developments
Key Developments Some of the Key Products Introduced /Enhanced this year: The Bank continues to • Soneri Freelancer Account– for facilitation of Freelancers improve its existing Product engaged in IT and related services; Improved / Enhanced / Suite to offer tailored • Soneri Roshan Savings Account
Slide 10: Financial Performance Review – 9M2024
Financial Performance Review – 9M2024
Slide 11: rer “omanes eM anh roth esc
rer “omanes eM anh roth esc Markup Income 87,904 69,545 18,359 26% Markup Expense (69,656) (53,444) — (16,211) 30% Rate from | Advances Rate A | Investments NIM 18,248| | 16,101 2147 13% 18.676 10 19.7% vol oe Z ,. to 19.5! 1811 18 4 Fee Income 3,152 2,192 960 44% E FX 1,629 2,318 (689) -30% 316 vol
Slide 12: Balance Sheet — September 2024
Balance Sheet — September 2024 Cash & balances with treasury banks Balances with Other Banks Lending to FI Investment - Net Advances -Net Fixed Assets Other Assets Total Assets Bills Payables Borrowings Deposits Lease liabilities Sub-Ordinated Loans Deferred Tax Liab. - Net Other Liabilities Total L
Slide 13: Key Ratios
Key Ratios Ratios Sep 2024 Sep 2023 ROAE% 21.26% 23.97% ROAA% 0.91% 0.96% EPS 4.28 3.76 Effective Tax Rate 51.02% 50.88% Yield - Earning Assets 19.77%) 15.65% CoF 14.44% 11.02% NIM Spread 5.33% 4.64%| CIR 59.80% 53.01% Ratios Sep 2024 Sep 2023 Infection % 3.62% 4.90% Coverage % 95.9% 80.0% Coverage
Slide 14: Branch Network Continues to Expand to Branches (Sep'24)
Branch Network Continues to Expand to 521 Branches (sep'24) 78 new branches added till 2S “# "September 2024. FA <, =. ies Gilgit Baltistan Overall 101 new additions SHE SEE targeted in 2024. North | Segment 2023 ie 2024 2023: 109 Ay fh Additions 32 new branches Apso Conrail Corporate 3 ° 3 | added
Slide 15: Going Forward
Going Forward
Slide 16: Going forward
Going forward Our focus remains on: • Balance Sheet Growth • Creating Efficiency and Productivity • Developing Human Capital • Improving Shareholder Returns • BOD approved operational plan is in place for tracking progress against initiatives. This continues to be monitored on a regular basis. Targe
Slide 17: Questions & Answers
Questions & Answers |
Slide 18: Registered and Central Office details
Registered Office: 2nd Floor, 307 Upper Mall Scheme, Anand Road, Lahore – 54000, Pakistan Tel: (042) 35713101-04 Central Office: 10th Floor, PNSC Building, M.T. Khan Road, Karachi – 74000, Pakistan Tel: (021) 111-567-890