Mcb Bank Limited · PSX:MCB

Mcb Bank — Q3 2008 Earnings Presentation

13 slides from Mcb Bank's earnings presentation, October 2008

  1. Slide 1: MCB Bank Limited Third Quarter 2008

    MCB Bank Limited THIRD QUARTER 2008 October 2008

  2. Slide 2: Disclaimer

    Disclaimer THIS PRESENTATION IS BEING PRESENTED TO YOU SOLELY FOR YOUR INFORMATION AND MAY NOT BE REPRODUCED, REDISTRIBUTED OR PASSED ON, DIRECTLY OR INDIRECTLY, TO ANY OTHER PERSON OR PUBLISHED, IN WHOLE OR IN PART, FOR ANY PURPOSE. The securities of MCB Bank Limited (the “Company”) have not been a

  3. Slide 3: Important Information about Results Presentation

    Important Information about Results Presentation  Certain prior period financial numbers have been reclassified to conform to current period results presentation 3 HK000LN4_SCN_0906

  4. Slide 4: 3Q 2008 Financial Highlights

    3Q 2008 Financial Highlights  Profit (net) was PKR 4,007mm on revenues of PKR 9,464mm  Profit before tax was PKR 5,739mm, a rise of 8% YoY and 1% over 2Q08  EPS for 2Q08 was PKR 6.4, up 9% YoY (down 11% QoQ) • Strong growth in interest income offset by lower capital markets earnings, higher provi

  5. Slide 5: 3Q 2008 Consolidated Highlights

    3Q 2008 Consolidated Highlights O (U) PKR O (U) % PKR mm 3Q08 3Q07 2Q08 3Q07 2Q08 Net mark-up interest income 7,725 1,627 1,322 27% 21% Non-interest income 1,739 (22) 715 (1%) 70% Total Revenue 9,464 1,604 2,037 20% 27% Profit before Tax 5,739 406 31 8% 1% Net Income 4,007 342 (500) 9% (11%) EPS 6.3

  6. Slide 6: 3Q 2008 Standalone Highlights

    3Q 2008 Standalone Highlights O (U) PKR O (U) % PKR mm 3Q08 3Q07 2Q08 3Q07 2Q08 Net mark-up interest income 7,723 1,627 1,322 27% 21% Non-interest income 1,646 (60) 707 (4%) 75% Total Revenue 9,370 1,567 2,030 20% 28% Profit before Tax 5,667 387 796 7% 16% Net Income 3,946 362 382 10% 11% EPS 6.28 0

  7. Slide 7: Consolidated Income Statement

    Consolidated Income Statement  Interest income increased 38% YoY and 27% QoQ O (U) PKR • Higher interest rate environment led to strong growth in income from advances, up 44% YoY, and in income from investments up 17% YoY despite smaller PKR mm 3Q08 3Q07 2Q08 investment portfolio  Interest expense

  8. Slide 8: Consolidated Balance Sheet

    Consolidated Balance Sheet O (U) PKR PKR mm 3Q08 3Q07 2Q08  Total net advances were PKR 249bn, up Assets 31% YoY and 9% QoQ - gross advances were PKR 261bn, up 31% YoY and 8% Cash and balances with treasury banks 47,724 13,319 (12,925) QoQ Balances with other banks 9,880 5,595 (4,844) • Industry ne

  9. Slide 9: Deposit Base

    Deposit Base O (U) PKR O (U) % PKR mm 3Q08 % total 3Q07 2Q08 3Q07 2Q08 Fixed deposits 38,308 12% 3,173 8,338 9% 28% Savings 168,828 52% 15,780 (38,656) 10% (19)% Current 116,805 36% 17,077 3,557 17% 3% Total deposits 323,941 100% 36,030 (26,760) 13% (8)% CASA deposits 285,633 88% 32,857 (35,099) 13%

  10. Slide 10: Loan Portfolio

    Loan Portfolio O (U) PKR O (U) % PKR bn 3Q08 3Q07 2Q08 3Q07 2Q08 Corporate 144 48 24 51% 20% Commercial 68 2 (4) 2% -6% Consumer 33 5 (1) 16% -2% Islamic 6 2 (1) 50% -13% Other 11 5 2 76% 20% Gross advances 261 61 20 31% 8% ADR (gross) % 81% 69% 68% ADR (net) % 77% 66% 65%  Total loan portfolio gre

  11. Slide 11: Asset Quality

    Asset Quality O (U) PKR O (U) % PKR mm 3Q08 3Q07 2Q08 3Q07 2Q08 3Q07 2Q08 Gross loans 260,822 200,068 240,178 60,753 20,644 30% 9% NPL 13,320 9,546 11,988 3,774 1,333 40% 11% Total provision 12,028 9,546 11,204 2,481 824 26% 7% NPL: Loans 5.11% 4.77% 4.99% Provision: NPLs 90.3% 100.0% 93.5%  Non-pe

  12. Slide 12: Capital Strength

    Capital Strength  Tier 1 capital ratio was 15.8% at September 2008 PKR mm Sep-08 Jun-08 Dec-07  Total capital ratio was 18.2% at September 2008 Total assets 456,253 453,192 412,901 Tier 1 Capital 49,705 46,922 44,720 Tier 2 Capital 7,704 7,885 8,750 Risk weighted assets 314,963 306,697 299,119 Tie

  13. Slide 13: Thank you Question & Answer Session

    Thank you & Question & Answer Session HK000LN4_SCN_0906

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