Indian Overseas Bank · NSE:IOB

Indian Overseas Bank — Q1 FY2022-23 Earnings Presentation

30 slides from Indian Overseas Bank's earnings presentation, Aug 8, 2022

  1. Slide 1: Indian Overseas Bank

    og Azadi Ka Amrit Yahotsav Indian Overseas Ban

  2. Slide 2: Performance Highlights Q1 Jun 2022 (Y-o-Y)

    PERFORMANCE HIGHLIGHTS Q1 JUN 2022 (Y-O-Y) Performance Analysis Q1 June 2022 Page 2

  3. Slide 3: Performance Ratios - Quarterly

    PERFORMANCE RATIOS- QUARTERLY Cost of Deposits % Cost of Funds % 4.26 4.26 4.27 4.26 4.22 4.14 4.12 4.06 4.06 4.04 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Yield on Investment % Yield on Advances % 5.96 7.57 7.52 5.82 5.80 5.82 5.83 7.36 7.34 7.24 Jun-21 Sep-21 Dec-21 Ma

  4. Slide 4: Performance Ratios - Quarterly

    PERFORMANCE RATIOS- QUARTERLY Yield on Funds % Net Interest Margin % 6.54 2.51 2.53 6.36 6.42 6.40 2.34 2.40 2.41 6.31 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Return on Assets % Cost to Income % 0.74 56.27 0.62 53.57 0.53 0.51 0.46 48.46 48.15 44.62 Jun-21 Sep-21 Dec-21

  5. Slide 5: Financials - At a Glance

    FINANCIALS- AT A GLANCE Rs. in Crore Quarter Growth % Particulars Q1 21-22 Q4 21-22 Q1 22-23 Y-o-Y Q-o-Q Interest Income 4063 4215 4435 9.16% 5.23% Interest Expenses 2567 2605 2681 4.44% 2.92% Net Interest Income 1496 1610 1754 17.25% 8.98% Non Interest Income 1092 1504 593 -45.70% -60.57% Operating

  6. Slide 6: Total Income

    TOTAL INCOME Rs. in Crore Quarter Growth % Particulars Q1 21-22 Q4 21-22 Q1 22-23 Y-o-Y Q-o-Q Interest on Loans 2614 2688 2865 9.60% 6.58% Interest on Investment 1403 1464 1516 8.05% 3.57% Other Interest Income 46 63 54 17.39% -14.05% Total Interest Income 4063 4215 4435 9.16% 5.23% Exchange & Commi

  7. Slide 7: Total Expenses

    TOTAL EXPENSES Rs. in Crore Quarter Growth % Particulars Q1 21-22 Q4 21-22 Q1 22-23 Y-o-Y Q-o-Q Interest on Deposits 2520 2559 2604 3.33% 1.76% Interest on Borrowings 47 46 77 63.83% 67.39% Total Interest Expenses 2567 2605 2681 4.44% 2.92% Staff Expenses 939 950 850 -9.48% -10.53% Other Expenses 44

  8. Slide 8: Provisions & Profit

    PROVISIONS & PROFIT Rs. in Crore Quarter Growth % Particulars Q1 21-22 Q4 21-22 Q1 22-23 Y-o-Y Q-o-Q Operating Profit 1202 1614 1026 -14.64% -36.43% Provisions 875 1062 634 -27.54% -40.30% of which NPA Provisions 1010 569 133 -86.83% -76.62% Other Provisions -135 493 501 - 1.63% Net Profit 327 552 3

  9. Slide 9: Valuations

    VALUATIONS Particulars Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 *Return on Equity (%) 14.57 13.22 15.37 18.12 12.51 *Basic & Diluted Earning per Share 0.19 0.20 0.24 0.29 0.21 *Price Earning Ratio 147.90 114.25 84.71 62.11 79.29 Book value per share (in Rs) 4.11 6.13 6.37 6.54 6.73 Price/Book value (in Rs

  10. Slide 10: Business Performance - Global

    BUSINESS PERFORMANCE- GLOBAL Rs. in Crore Particulars Jun-21 Mar-22 Jun-22 Y-o-Y (%) Q-o-Q (%) CASA 101129 113877 112012 10.76% -1.64% a)Retail Term Deposits 128818 137234 136781 6.18% -0.33% b)Bulk Deposits 9976 7649 7728 -22.53% 1.03% c)Overseas Term Deposits 3017 3400 3523 16.77% 3.62% Term Depos

  11. Slide 11: Deposits Composition

    DEPOSITS COMPOSITION Rs. in Crore Y-o-Y variation Q-o-Q variation Parameters Jun-21 Mar-22 Jun-22 Amount % Amount % Domestic-Deposits Savings Bank 86597 96276 94790 8193 9.46% -1486 -1.54% Current Account 13356 15731 15419 2063 15.45% -312 -1.98% CASA 99953 112007 110209 10256 10.26% -1798 -1.61% Te

  12. Slide 12: Risk Spread - Assets

    RISK SPREAD- ASSETS Rs. in Crore Y-o-Y variation Q-o-Q variation Parameters Jun-21 Mar-22 Jun-22 Amount % Amount % Retail 33577 36961 38297 4720 14.06% 1336 3.61% Agri 35673 38577 40575 4902 13.74% 1998 5.18% MSME 25545 29494 30450 4905 19.20% 956 3.24% Corporate/others 34258 38170 40937 6679 19.50%

  13. Slide 13: RAM Performance

    Rs. in Crore RAM PERFORMANCE RETAIL BREAK UP: Jun-22 Parameters Jun-21 Mar-22 Jun-22 Y-o-Y Q-o-Q RETAIL CREDIT 33576 36961 38297 14.06% 3.62% Education, Of which 10% Home, Home 17854 20483 21403 19.88% 4.49% 56% Education 4568 3916 3655 -19.99% -6.66% Vehicle 3249 3492 3570 9.89% 2.26% Personal 855

  14. Slide 14: Agri Advances – Priority Sector

    AGRI ADVANCES – PRIORITY SECTOR Rs. in Crore Target Achievement Financial Year ANBC (18% of ANBC) Amount % 2019-20 (Avg of 4 Qtrs) 153880 27698 30047 19.53% 2020-21 (Avg of 4 Qtrs) 159442 28699 32334 20.28% 2021-22 (Avg of 4 Qtrs) 145248 26145 36224 24.94% June-2022 137410 24734 38942 28.34% Perform

  15. Slide 15: Investments

    INVESTMENTS Rs. in Crore 19438 17602 Available for Sale 18683 73897 76971 79192 Held to Maturity Jun-21 Mar-22 Jun-22 Parameters Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Domestic Investments 92580 91211 93145 96409 96794 SLR 61669 60288 84777 66154 68225 Non SLR 30911 30923 8368 30255 28569 Held to Maturi

  16. Slide 16: NPA Management

    NPA MANAGEMENT Rs. in Crore Details Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 i) Opening Gross NPAs 16323 15952 15666 15427 15299 a. Cash Recov eries 412 325 269 284 379 b. Upgradation 356 282 152 178 260 c. Write-Offs 793 1155 1119 702 367 d. Sale to ARCs 23 28 0 40 0 e. Other Reductions 31 8 0 0 0 ii) To

  17. Slide 17: Segmental NPAs

    SEGMENTAL NPAS Rs. in Crore Jun-21 Mar-22 Jun-22 Segmental NPAs NPA Ratio % NPA Ratio % NPA Ratio % Retail 1515 4.51% 1292 3.49% 1019 2.66% Agri 2630 7.37% 3039 7.88% 2948 7.27% MSME 3519 13.78% 3411 11.56% 3450 11.33% Corporate 6715 19.60% 5918 15.50% 5809 14.19% Overseas 1573 15.90% 1639 13.01% 16

  18. Slide 18: Movement of NPA

    MOVEMENT OF NPA GNPA % NNPA % 11.48% 3.15% 10.66% 2.77% 2.63% 2.65% 10.40% 2.43% 9.82% 9.12% Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 PCR % 91.56% 92.00% 92.33% 91.66% 91.86% 74.94% 76.00% 76.62% 75.00% 75.21% Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 PCR (including techwrite o

  19. Slide 19: Capital Adequacy

    CAPITAL ADEQUACY Rs. in Crore Particulars Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Market Risk RWA 12325 11687 12153 12491 10352 Operational Risk RWA 13402 13402 13402 13402 15066 Credit Risk RWA 87376 87827 86579 90176 96162 Total RWA (A) 113104 112917 112134 116069 121580 CET 1 14662 14502 14513 12428 1

  20. Slide 20: Movement of CRAR & RWAs

    MOVEMENT OF CRAR & RWAS CRAR 15.48% 15.41% 15.41% 14.79% 13.83% Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Credit RWA to Advance Ratio Total RWA to Advance Ratio 81.40% 62.89% 59.77% 76.83% 75.97% 58.80% 74.50% 58.37% 74.34% 57.88% Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Perfor

  21. Slide 21: Financial Inclusion

    FINANCIAL INCLUSION PMJDY Account PMJDY Account Balance (Number in Lakhs) (Rs in Cr) 60.52 1932 1944 52.82 53.14 1756 Jun-21 Mar-22 Jun-22 Jun-21 Mar-22 Jun-22 PMJDY Zero balance Accounts Jansuraksha Schemes (Number in Lakhs) (Number in lakhs) 42.00 33.64 34.70 5.28 5.22 5.15 19.59 12.31 13.10 8.57

  22. Slide 22: Digital Initiatives

    DIGITAL INITIATIVES Performance Analysis Q1 June 2022

  23. Slide 23: Digital Outreach

    DIGITAL OUTREACH UPI REGISTERED USERS MOBILE BANKING REGISTERED USERS (IN LAKHS) (IN LAKHS) 51.64 54.83 54.47 58.4 42.7 36.26 Jun-21 Mar-22 Jun-22 Jun-21 Mar-22 Jun-22 INTERNET BANKING USERS ATM /CDM (IN LAKHS) (NO OF OUTLETS) 22.93 3382 22.29 3355 21.29 3163 Jun-21 Mar-22 Jun-22 Jun-21 Mar-22 Jun-2

  24. Slide 24: Digital Outreach

    DIGITAL OUTREACH Alternate Delivery Channels Number of Transactions in Lakhs 113.53 POS 73.99 36.76 E-Com 53.76 502.68 ATM/CDM (On & Off) 352.4 Jun-22 Jun-21 Performance Analysis Q1 June 2022 Page 24

  25. Slide 25: Customer Touch Points

    CUSTOMER TOUCH POINTS Domestic Presence Jun-21 Mar-22 Jun-22 Branches 3217 3214 3214 ATM 3163 3355 3382 BC 2739 2659 2639 JUN-22 ATM JUN-22 BRANCHES Rural, 902, Metro, Rural, Metro, 28% 698, 22% 794, 24% 731, 22% Urban, Semi Urban, Semi 653, 20% Urban, 759, 22% Urban, 961, 30% 1098, 32% Performance

  26. Slide 26: Global Footprints

    GLOBAL FOOTPRINTS Overseas Singapore Hong Kong Colombo Bangkok Branches JV Malaysia Subsidiary Remittance Singapore- Serengoon Road Centre STRATEGIC INVESTMENTS–JOINT VENTURE  Indian Overseas Bank (35%) has a Joint Venture Bank in Malaysia with Bank of Baroda(40%) and Union Bank of India (25%), nam

  27. Slide 27: Share Holding Pattern Jun-2022

    SHARE HOLDING PATTERN JUN-2022 Category of Shareholder %share Government of India 96.38% Government of India, FI/Banks 1.25% 96.38% Foreign Portfolio Investor 0.07% (Corporate) Mutual Funds 0.06% Insurance Companies 0.02% Individual 1.61% ESOP/ESOS/ESPS 0.34% Bodies Corporate 0.17% NRI 0.05% Institu

  28. Slide 28: Strategic Investments – Joint Venture

    STRATEGIC INVESTMENTS – JOINT VENTURE IOB entered into Non Life Insurance Business with Universal Sompo General Insurance (USGI) Company Limited with equity participation of 18% along with the other Banks and Institutions SHAREHOLDING % Shareholding Name of Entity Investment 12.81% % 18.06% 6.00% In

  29. Slide 29: Disclaimer

    DISCLAIMER  Except for the historical information contained herein, statements in this release which contain words or phrases such as “will”, “aim”, “will likely result”, “would”, “believe”, “may”, “expect”, “will continue”, “anticipate”, “estimate”, “intend”, “plan”, “contemplate”, “seek to”, “fut

  30. Slide 30: Thank You

    Thank You visit us @ https://www.iob.in Performance Analysis Q1 June 2022

Indian Overseas Bank — Q1 FY2022-23 Earnings Presentation on 6ix