Tisco Financial Group Public Co. Ltd. · SET:TISCO
Tisco Financial Group Public — Q2 2025 Earnings Presentation
20 slides from Tisco Financial Group Public's earnings presentation, Jul 15, 2025
Slide 1: TISCO Financial Group Analyst Meeting 2Q2025
TISCO Financial Group Public Co., Ltd. Analyst Meeting 2Q2025 July 15, 2025
Slide 2: Net profit (YoY) weakened due to slowdown in NII, sluggish fee income and higher ECL
Net profit (YoY) weakened due to a slowdown in NII, sluggish fee income and higher ECL expense Consolidated Income Statements Unit : Million Baht 2Q24 1Q25 2Q25 % QoQ % YoY 1H24 1H25 % YoY Interest Income 4,744 4,589 4,585 (0.1) (3.4) 9,518 9,174 (3.6) Interest Expenses (1,357) (1,261) (1,257) (0.3)
Slide 3: Well-managed balance sheet to reflect the economic situations
Well-managed balance sheet to reflect the economic situations Assets Liabilities Unit: Million Baht Unit: Million Baht +1.0% +1.1% +2.5% +1.9% QoQ YTD QoQ YTD Unit : Million Baht 2024 1Q25 2Q25 % QoQ % YTD Unit : Million Baht 2024 1Q25 2Q25 % QoQ % YTD Loans 232,200 231,190 235,512 1.9 1.4 Deposits
Slide 4: Quarterly loan growth derived from all sectors, strong corporate loan expansion
Quarterly loan growth derived from all sectors - particularly strong corporate loan expansion Loan Portfolios Unit: Million Baht +1.9% +1.4% Retail Loans QoQ YTD +0.2% -0.5% QoQ YTD Corporate Loans +5.9% +7.3% QoQ YTD Loans by sectors SME Loans +2.4% -3.1% QoQ YTD TISCO Financial Group | Investor Re
Slide 5: HP new car slightly recovered, Auto Cash loan remained cautious
HP new car slightly recovered from market share expansion, whereas Auto Cash loan remained cautious amid weak economy Composition of Retail Loans Unit: Million Baht HP New Car HP Used Car HP Auto Cash Housing Loan Other Retail Motorcycle Loans +0.2% QoQ +1.4% QoQ -0.4% QoQ -1.6% YTD +3.3% QoQ -3.9%
Slide 6: Domestic car sale contracted, TISCO expanded penetration into passenger cars
Domestic car sale still contracted from subdued truck segment, however TISCO expanded penetration rate into passenger car segment Industry New Car Sale TISCO’s Auto HP Penetration Rate TISCO Financial Group | Investor Relations 6
Slide 7: Auto Cash loan contraction, Somwang loan continued to grow
Despite Auto Cash loan contraction, Somwang loan continued to grow through increasing existing branch efficiency Auto Cash Loans Unit: Million Baht Auto Cash -0.4% -1.2% QoQ YTD Somwang +1.6% +3.2% QoQ YTD Loan Generated through Somwang channel Somwang Branches TISCO Financial Group | Investor Relat
Slide 8: Yield on loans dropped following BOT rate cut and interest reduction
Yield on loans dropped following BOT’s rate cut and “You Fight, We Help” interest reduction, while cost of funds repriced gradually Change Change YoY QoQ Yield on Loans +26 bps -11 bps Loan Spread -23 bps -3 bps NIM -10 bps -13 bps Cost of Funds +49 bps -8 bps Unit: Million Baht 2022 2023 2024 1Q25
Slide 9: NPLs increased but remained within controllable range
NPLs increased caused by slow economic recovery, but remained within a controllable range owing to cautious underwriting and debt assistance measure Loan Classification Non-Performing Loans Unit: Million Baht Unit: Million Baht NPLs Stage 2 Stage 1 NPLs by Loan Types Mortgage Auto Cash Hire Purchase
Slide 10: ECL expense increased in line with NPLs, coverage ratio sufficient
ECL expense increased in line with increasing NPLs while coverage ratio stood at a sufficient level Expected Credit Loss Unit: Million Baht Allowance for ECL Unit: Million Baht Coverage Ratio Expected Credit Loss (ECL) TISCO Financial Group | Investor Relations 10
Slide 11: Efficiently managed funding base to align with loan expansion
Efficiently managed funding base to align with loan portfolio expansion Total Funding Unit: Million Baht +2.2% +1.4% QoQ YTD Unit : Million Baht 2024 1Q25 2Q25 % QoQ % YTD Current 1,793 1,628 1,611 (1.0) (10.2) Savings 26,923 27,172 27,643 1.7 2.7 Fixed Deposits 177,821 177,620 180,509 1.6 1.5 Short
Slide 12: Banking fee improved, brokerage fee and investment gains declined
Banking fee improved from bancassurance, whereas brokerage fee and gain on investment portfolio declined amid volatile market Non-Interest Income from Core Businesses Non-Interest Income from Core Businesses Breakdown Unit: Million Baht Data as of 6M2025 +1.7% YoY +5.9% +1.2% QoQ YoY Unit : Million
Slide 13: AUMs declined following volatile capital market, AM fee improved
AUMs declined following volatile capital market while AM fee improved from new mutual fund issuances. Assets Under Management Unit: Million Baht Rank # 1 -0.5% -2.5% Provident Fund QoQ YTD +1.9% +0.1% QoQ YTD Rank #13 Mutual Fund +3.1% +2.8% QoQ YTD Rank #9 Rank #6 *Remarks: Market shares and rankin
Slide 14: Market trading volume declined, TISCO expanded local institution market share
Even though market trading volume declined QoQ and YoY, TISCO was able to expand market share in local institution clients TISCO Trading Volume & Market Share Unit: Million Baht Trading Volume by Customers TISCO Financial Group | Investor Relations 14
Slide 15: OPEX was efficiently controlled amid slow economic backdrop
OPEX was efficiently controlled amid slow economic backdrop Operating Expenses Cost to Income Ratio Unit: Million Baht -4.0% YoY -2.3% -7.0% QoQ YoY Unit : Million Baht 2Q24 1Q25 2Q25 % QoQ % YoY 1H24 1H25 % YoY Employee Expenses 1,579 1,530 1,465 (4.2) (7.2) 3,116 2,995 (3.9) Premises & Equipment E
Slide 16: Maintained solid capital level and exceeded BOT's requirement
Maintained solid capital level and exceeded BOT’s requirement Capital Base of TISCO Bank Unit: Million Baht Capital Adequacy Ratio BIS Ratio Tier I Ratio Min. Required by BOT 11.0% BIS Ratio 8.5% Tier I Ratio *Projected figures TISCO Financial Group | Investor Relations 16
Slide 17: No new Somwang branch opening, focusing on existing branch efficiency
No new Somwang branch opening while focusing more on increasing existing branch efficiency Total Employees Total Branch Network Somwang Loan Offices Bank Branches TISCO Financial Group | Investor Relations 17
Slide 18: "You Fight, We Help" Debt Restructuring Program
“You Fight, We Help” Debt Restructuring Program [New: Phase 2] Registration Timeline: Until 30 September 2025 Program offerings: Criteria Amount *Loans originated before 1 Jan 2024 and hold the status as of 31 Oct 2024 with ▪ Interest rate suspension for 3 years Housing Loans < 5,000,000 Baht overdu
Slide 19: Investor Relations
Investor Relations TISCO Financial Group Public Company Limited 48/49 TISCO Tower, North Satorn Road, Silom, Bangrak, Bangkok, 10500, Thailand +(66) 2633 6868 ir@tisco.co.th www.tisco.co.th Disclaimer This presentation material may contain forward-looking statements. These forward-looking statements
Slide 20: Slide 20
TISCO Financial Group Public — Q2 2025 Earnings Presentation on 6ix