Tisco Financial Group Public Co. Ltd. · SET:TISCO
Tisco Financial Group Public — Q1 2016 Earnings Presentation
20 slides from Tisco Financial Group Public's earnings presentation, Apr 20, 2016
Slide 1: Analyst Meeting 1Q2016
TISCO Financial Group Public Co., Ltd. Analyst Meeting 1Q2016 April 20, 2016
Slide 2: 1Q 2016 Financial Results
TISCO 1Q 2016 Financial Results
Slide 3: Consolidated Income Statements
Consolidated Income Statements Unit : Million Baht 1Q15 4Q15 1Q16 % QoQ % YoY Interest Income 4,374 4,074 4,067 (0.2) (7.0) Interest Expenses (1,974) (1,409) (1,374) (2.5) (30.4) Net Interest Income 2,400 2,665 2,692 1.0 12.2 Fee & Service Income 1,302 1,361 1,339 (1.6) 2.8 Fee & Service Expenses (5
Slide 4: Assets and Liabilities
Assets and Liabilities Assets Liabilities Unit: Million Baht Unit: Million Baht 0.4% QoQ 1.0% QoQ 7.7% YoY 9.3% YoY Unit : Million Baht 1Q15 2015 1Q16 % QoQ % YoY Unit : Million Baht 1Q15 2015 1Q16 % QoQ % YoY Deposits & Loans - Net 254,437 238,260 233,166 (2.1) (8.4) 246,433 226,220 221,247 (2.2) (
Slide 5: Loan Portfolio
Loan Portfolio Total Loan Portfolio Unit: Million Baht 2.1% QoQ 8.4% YoY Retail Loans SME Loans Corporate Loans Unit: Million Baht Unit: Million Baht Unit: Million Baht 1.8% QoQ 3.5% QoQ 0.1% QoQ 5.6% YoY 16.1% YoY 16.1% YoY 5
Slide 6: Retail Loan Portfolio
Retail Loan Portfolio Retail Loan Breakdown 6
Slide 7: Industry Car Sales and Penetration Rate
Industry Car Sales and Penetration Rate Industry New Car Sales Units 160,000 2013 2014 120,000 2015 80,000 2016 40,000 - Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec TISCO Auto HP Penetration Rate No. of New Car Sales ('000 Units) Penetration Rate (%) 1331 10.3% 9.6% 9.4% 8.5% 8.9% 8.9% 882 7.6%
Slide 8: Loan Spread and Net Interest Margin
Loan Spread and Net Interest Margin Yield on Loans and Cost of Funds 6.6 6.5 6.5 6.4 6.4 6.5 6.6 6.6 % Yield on loans 4.3 4.3 % Loan spread 3.9 4.1 3.5 3.5 3.7 3.3 % Cost of funds 3.1 3.2 2.6 2.9 2.8 2.5 2.3 2.3 2013 2014 2015 1Q15 2Q15 3Q15 4Q15 1Q16 Remark: Cost of funds include contributions to F
Slide 9: Asset Quality
Asset Quality NPL and NPL Ratio Unit: Million Baht Total NPL % NPL 3.2% 3.3% 3.2% 3.1% 2.6% 2.7% 2.9% 1.7% 7,701 7,841 7,701 6,750 6,742 7,137 7,158 4,964 2013 2014 2015 1Q15 2Q15 3Q15 4Q15 1Q16 1Q15 2015 1Q16 NPL by Loan Type Million Baht % Million Baht % Million Baht % Corporate 333 0.7 1,189 2.9
Slide 10: Provisions
Provisions Provision Expense and Credit Cost Unit: Million Baht Provision expense (Million Baht) % Credit cost 5,277 3.6% 4,426 4,141 2.1% 2.0% 1.6% 1.6% 1.5% 1.5% 1.7% 2,166 1,244 972 896 981 2013 2014 2015 1Q15 2Q15 3Q15 4Q15 1Q16 Minimum Required Provision vs Actual Provision Unit: Million Baht M
Slide 11: Deposits
Deposits Total Deposits & Bill of Exchanges Unit: Million Baht 2.2% QoQ 10.2% YoY Unit : Million Baht 1Q15 2015 1Q16 % QoQ % YoY Current 3,382 3,122 3,971 27.2 17.4 Savings 51,809 48,272 45,941 (4.8) (11.3) Fixed Deposits 144,958 106,950 102,961 (3.7) (29.0) Short-Term Bill of Exchanges 6,051 6,937
Slide 12: Non-Interest Income
Non-Interest Income Non-Interest Income from Core Businesses Non-Interest Income Breakdown Unit: Million Baht 1.8% QoQ 1.4% YoY Unit : Million Baht 1Q15 4Q15 1Q16 % QoQ % YoY Banking Fee* 881 1,044 973 (6.8) 10.5 Asset Management Fee 293 256 251 (2.1) (14.5) Brokerage Fee 250 166 193 15.9 (22.9) Inv
Slide 13: Asset Management Business
Asset Management Business TISCO Asset under Management Unit: Million Baht Rank #9 0.2% QoQ 2.3% YoY Provident Fund Mutual Fund Private Fund Unit: Million Baht Rank #3 2.6% QoQ Unit: Million Baht Rank #15 2.3% QoQ Unit: Million Baht Rank #8 10.0% QoQ 9.2% YoY 1.5% YoY 19.6% YoY *Remark: Market Share
Slide 14: Brokerage Business
Brokerage Business TISCO Trading Volume and Market Share TISCO Volume (Million Baht) Market share (%) 625,096 538,028 513,346 3.2% 3.0% 2.9% 2.8% 2.8% 2.7% 2.7% 2.4% 150,600 123,143 122,608 116,995 118,508 2013 2014 2015 1Q15 2Q15 3Q15 4Q15 1Q16 TISCO Trading Volume by Customer Retail Investors Fore
Slide 15: Operating Expenses
Operating Expenses Cost to Income Ratio Cost to Total Assets Ratio Unit : Million Baht 1Q15 4Q15 1Q16 % QoQ % YoY Employees' Expenses 990 1,084 1,068 (1.5) 7.8 Premises & Equipment Expenses 231 231 226 (2.1) (2.5) Taxes & Duties 56 53 51 (3.6) (8.9) Other Expenses* 223 298 222 (25.4) (0.5) Total Ope
Slide 16: Capital Adequacy
Capital Adequacy Capital Adequacy Ratio of TISCO Bank 18.0% 17.5% 18.2% 18.0% 18.1% 16.8% 17.1% 14.0% 14.1% 14.0% 14.1% 13.4% 12.6% 12.7% 13.1% 9.2% 31,747 30,240 30,901 30,427 30,693 30,901 31,177 Capital Base (MB) 25,746 BIS Ratio (%) Tier I (%) 2013 2014 2015 1Q15 2Q15 3Q15 4Q15 1Q16* *Remark: Pr
Slide 17: Employees and Branch Network
Employees and Branch Network Total Branch Network Total TISCO Employees 17
Slide 18: Disclaimer
Disclaimer This presentation material may contain forward-looking statements. These forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ from those in the forward looking statements as a result of various factors. TISC
Slide 19: Investor Relations
Investor Relations TISCO Financial Group Public Company Limited 48/49 TISCO Tower, North Sathorn Road Silom, Bangrak, Bangkok 10500 Thailand Tel: +66-2-633-6868 Fax: +66-2-633-6855 Email: ir@tisco.co.th Website: www.tisco.co.th 19
Slide 20: WEALTH OF POSSIBILITIES
WEALTH OF POSSIBILITIES
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