Tisco Financial Group Public Co. Ltd. · SET:TISCO
Tisco Financial Group Public — Q2 2023 Earnings Presentation
19 slides from Tisco Financial Group Public's earnings presentation, Jul 13, 2023
Slide 1: TISCO Financial Group Analyst Meeting 2Q2023
TISCO Financial Group Public Co., Ltd. Analyst Meeting 2Q2023 July 13, 2023
Slide 2: Consolidated Income Statements
Consolidated Income Statements Unit : Million Baht 2Q22 1Q23 2Q23 % QoQ % YoY 1H22 1H23 % YoY Interest Income 3,616 4,134 4,397 6.4 21.6 7,173 8,532 18.9 Interest Expenses (510) (847) (978) 15.4 91.8 (1,005) (1,825) 81.7 Net Interest Income 3,107 3,287 3,420 4.0 10.1 6,168 6,707 8.7 Fee & Service In
Slide 3: Assets and Liabilities
Assets and Liabilities Assets Liabilities Unit: Million Baht Unit: Million Baht +0.4% +3.4% +2.4% +5.2% QoQ YTD QoQ YTD Unit : Million Baht 2022 1Q23 2Q23 % QoQ % YTD Unit : Million Baht 2022 1Q23 2Q23 % QoQ % YTD Loans 219,004 220,099 230,494 4.7 5.2 Deposits & 198,983 202,609 208,303 2.8 4.7 Borro
Slide 4: Loan Portfolios
Loan Portfolios Total Loans Unit: Million Baht +0.3% +4.7% +5.2% QoQ QoQ YTD Retail Loans +0.6% YTD +22.0% QoQ Corporate Loans +26.5% YTD Loans by sectors -2.3% QoQ SME Loans -11.1% YTD 5
Slide 5: Retail Loan Portfolio Breakdown
Retail Loan Portfolio Breakdown Unit: Million Baht +0.3% QoQ +0.6% YTD -1.1% QoQ -2.4% YTD +3.7% QoQ +2.4% QoQ +8.2% YTD -3.4% QoQ +2.3% QoQ -5.9% YTD +6.2% YTD +2.4% YTD 6
Slide 6: TISCO Auto Cash
TISCO Auto Cash Auto Cash Loans Unit: Million Baht Auto Cash +3.7% +8.2% QoQ YTD Somwang +5.3% +12.1% Loan Generated QoQ YTD through Somwang channel Somwang Branches 7
Slide 7: Industry Car Sale & Penetration Rate
Industry Car Sale & Penetration Rate Industry New Car Sale TISCO’s Auto HP Penetration Rate TISCO’s Penetration Rate (%) Industry Car Sale (‘000 units) Industry Car Sale -4.9% 5M YoY 8
Slide 8: Interest Income & NIM
Interest Income & NIM Yield on Loans Net Interest Income Unit: Million Baht Loan Spread +8.7% YoY +4.0% +10.1% QoQ YoY Cost of Funds Loan Spread NIM 9
Slide 9: Asset Quality
Asset Quality Loan Classification Non-Performing Loans Unit: Million Baht Unit: Million Baht NPLs Stage 2 Stage 1 2022 1Q23 2Q23 NPLs by Loan Types Million Baht % Million Baht % Million Baht % Corporate - - - - - - SME 87 0.6 83 0.6 66 0.5 Hire Purchase 2,606 2.4 2,572 2.3 2,783 2.6 Mortgage 840 8.2
Slide 10: Expected Credit Loss
Expected Credit Loss Expected Credit Loss Unit: Million Baht Allowance for ECL Unit: Million Baht Coverage Ratio Excess Reserve Expected Credit Loss (ECL) 11
Slide 11: Funding
Funding Total Funding Unit: Million Baht +2.8% +4.7% QoQ YTD Unit : Million Baht 2022 1Q23 2Q23 % QoQ % YTD Current 1,821 1,639 1,469 (10.4) (19.3) Savings 42,930 38,178 33,656 (11.8) (21.6) Fixed Deposits 143,515 156,865 164,232 4.7 14.4 Short-Term Bill of Exchanges 37 36 36 0.0 (2.2) Senior Debent
Slide 12: Non-Interest Income
Non-Interest Income Non-Interest Income from Core Businesses Non-Interest Income from Core Businesses Breakdown Data as of 6M2023 Unit: Million Baht -2.2% YoY -6.9% -1.7% QoQ YoY Unit : Million Baht 2Q22 1Q23 2Q23 % QoQ % YoY 1H22 1H23 % YoY Ba nki ng Fee 802 801 787 (1.7) (1.8) 1,612 1,588 (1.5) Ba
Slide 13: Asset Management Business
Asset Management Business Assets Under Management Rank #1 Unit: Million Baht +1.4% +0.5% Provident Fund QoQ YTD +1.2% QoQ 0.0% YTD Rank #12 Mutual Fund -0.2% QoQ +3.5% YTD Rank #9 Rank #6 Private Fund +3.4% QoQ -0.1% YTD *Remark: Market Share and Rankings as of May 2023 14
Slide 14: Brokerage Business
Brokerage Business TISCO Trading Volume & Market Share Unit: Million Baht Trading Volume by Customers 15
Slide 15: Operating Expenses
Operating Expenses Operating Expenses Unit: Million Baht Cost to Income Ratio +10.6% YoY +4.2% +12.2% QoQ YoY Unit : Million Baht 2Q22 1Q23 2Q23 % QoQ % YoY 1H22 1H23 % YoY Empl oyee Expens es 1,537 1,570 1,603 2.1 4.2 3,047 3,173 4.1 Premi s es & Equi pment Expens es 174 188 208 10.3 19.4 337 396 1
Slide 16: Capital Adequacy
Capital Adequacy 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 *Remark: Projected figures 17
Slide 17: Employees and Branch Network
Employees and Branch Network Total Employees Number of Employees Total Branch Network Somwang Loan Offices Bank Branches 18
Slide 18: 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 +(66) 2633 6855 ir@tisco.co.th www.tisco.co.th Disclaimer This presentation material may contain forward-looking statements. These forward-lo
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