Far Eastern International Bank · TWSE:2845
Far Eastern International Bank — Q1 2022 Earnings Presentation
21 slides from Far Eastern International Bank's earnings presentation, May 18, 2022
Slide 1: Investor Conference 1Q'2022
Investor Conference 1Q’2022 5/18’2022
Slide 2: Far Eastern Group
Far Eastern Group Established in 1937 Span over 10 major industries 9 public listed companies in Taiwan and HK Total Asset of NT$2,996 Bn. (YE2021) Petrochemical & energy Polyester & synthetic fiber Cement & building material Retail & department store Financial services – 11 companies in ope
Slide 3: Contents
Contents Financial Highlights Key Strategies 3
Slide 4: Assets & Net worth
Assets & Net worth Assets Net Worth (NT$Bn) (NT$Bn) YoY YoY YoY YoY +7.2% +2.0% +0.6% +6.3% 723 729 680 680 49 50 49 50 36 34 0 0 -1 36 51 34 44 1 40 38 15 13 14 14 228 220 221 209 35 36 35 36 383 407 399 431 2020 2021 1Q'21 1Q'22 2020 2021 1Q'21 1Q'22 Loan Investment Cash & Deposit AR &
Slide 5: Loans & Deposit
Loans & Deposit Gross Loan Deposit (NT$Bn) (NT$Bn) YoY YoY YoY YoY +5.2% +7.0% +7.8% +6.2% 612 608 436 582 569 413 405 48 41 389 46 51 73 71 93 93 71 69 88 93 144 143 139 338 337 143 330 312 50 56 50 53 45 52 37 39 81 80 92 136 155 138 158 70 2020 2021 1Q'21 1Q'22 2020 2021 1Q'21 1Q'22 Local C
Slide 6: Liquidity
Liquidity Demand Deposit ratio Gross loan-to-deposit ratio 72.96% 37.93% 35.44% 37.02% 71.77% 36.26% 71.20% 70.18% 69.46% 68.82% 2020 1Q'21 2021 1Q'22 67.49% Liquidity coverage ratio 66.81% 142.42% 142.22% 136.89% 133.54% 2020 1Q'21 2021 1Q'22 By balance By average balance 2020 1Q'21 2021
Slide 7: Asset Quality
Asset Quality NPL Ratio NPL Coverage Ratio Loan Coverage Ratio 0.51% 0.52% 1.46% 773% 814% 621% 596% 0.27% 496% 558% 1.38% 0.24% 1.35% 286% 265% 1.37% 1.33% 0.22% 0.23% 1.35% 0.18% 0.16% 1.32% 1.32% Dec'20 Mar'21 Dec'21 Mar'21 Dec'20 Mar'21 Dec'21 Mar'21 Dec'20 Mar'21 Dec'21 Mar'21 Industry
Slide 8: Profitability
Profitability Revenue YoY PPOP YoY (NT$Bn) YoY (NT$Bn) YoY -3.8% -5.4% 11.2 -10.0% 4.4 4.1 -9.3% 10.8 0.4 0.1 1.1 2.8 1.3 2.5 0.1 0.3 3.0 0.1 0.2 1.1 3.5 1.0 0.9 0.7 6.0 6.6 1.6 1.6 2020 2021 1Q'21 1Q'22 2020 2021 1Q'21 1Q'22 NII Fee Trading Other YoY Provision Cost IBT (NT$Bn) (NT$B
Slide 9: Interest Margin
Interest Margin Net Loan Yield* & NIM Loan-to-Deposit Spread & NIS * =(Avg. loan revenue – Avg. deposit cost) / Avg. loan balance 1.16% 1.39% 1.10% 1.13% 1.14% 1.35% 1.36% 1.35% 0.99% 1.01% 0.98% 0.98% 0.98% 0.99% 0.95% 0.96% 2020 1Q'21 2021 1Q'22 2020 1Q'21 2021 1Q'22 Load Yield NIM Loan-
Slide 10: Net Profitability
Net Profitability ROA (before tax) ROE (before tax) 0.64%* 8.66%* 0.59% 0.59% 0.60%* 8.45%* 8.08% 7.75% 0.53%* 7.28%* 0.46% 6.62% 0.42% 0.41%* 5.90% 6.00%* 2020 1Q'21 2021 1Q'22 2020 1Q'21 2021 1Q'22 Industry FEIB * Annualized Source: Management Report / FSC report 10 Industry: 38 Commercial
Slide 11: BIS
BIS CET1 (unconsolidated) BIS (unconsolidated) 11.03% 14.10% 13.95% 14.04% 10.87% 13.53% 10.65% 11.49% 11.08% 11.30% 11.04% 10.41% 2020 1Q'21 2021 1Q'22 2020 1Q'21 2021 1Q'22 Tier1 Tier 2 11 Source: Management report
Slide 12: 2022 rating results
2022 rating results FEIB’s ratings are affirmed: Rating are supported by: (DD: 4/11’22) : Viability Rating bbb Stable credit profile Moderate risk appetite Foreign LT IDR BBB Adequate loss absorption buffer Foreign ST IDR F3 Modest Loan Growth National LT Rating A+(twn) Asset-Quality R
Slide 13: Contents
Contents Financial Highlights Key Strategies 13
Slide 14: Digital Banking
Digital Banking Branding : Bankee New Initiatives (As at Mar.’22) Customers #: 138,755 Bankee - online loan Deposit : NT$ 6.8 Bn. Bankee - online investment Most Innovative Digital MasterCard XB Transformation (Banking) Digital Banking Digital channel Process Automation (As at Ma
Slide 15: Niche Banking
Niche Banking High Productivity High Margin Staffing Business Improving productivity Increasing bond RPA - trust account portfolio opening information query Offering TMU’s interest - O2O - mobile insurance hedging strategy Focusing on high interest- spread lending Niche Business Launch
Slide 16: Balance domestic & foreign lending
Balance domestic & foreign lending Growing local market Recovering offshore lending Increase SME loan Corporate lending geo profile YoY +33.5% (1Q’22) 9 (%) 16 - Top 3 in local banks 1Q’22 Focus on TEJ rating >5, 75 secured construction Taiwan Offshore China loan Cross-border syn
Slide 17: ESG Focus
ESG Focus Environmental Social Governance Equator principles & 2021 National Talent Corporate governance TCFD Development Awards evaluation result - 2021 Greenhouse gas TTQS Gold Top 5 % in listed com. inspections Certification Visual communication Green procurement Business contin
Slide 18: Contents Appendix
& i WO GO BT Far Eastern Intl Bank Contents =| Appendix
Slide 19: Key Financials
Key Financials (NT$ m, except percentages and per share data) As of or for 12 months ended (Consolidated) December 31 2020 2021 1Q'21 1Q'22 YoY Key balance sheet items Gross loans 388,857 412,872 404,970 436,362 7.8% Total assets 680,291 723,055 680,013 729,111 7.2% Deposits and remittances 582,153
Slide 20: Thank You
f= 2k mm RMT op Far Easter Int'l Bank THANK YOU
Slide 21: Disclaimer
Disclaimer This presentation has been prepared by Far Eastern International Bank (the “Company”). This presentation and the materials provided herewith do not constitute an offer to sell or issue or the solicitation of an offer to buy or acquire securities of the Company in any jurisdiction or an in
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