Patria Bank Sa · BVB:PBK
Patria Bank Sa — H1 2022 Earnings Presentation
23 slides from Patria Bank Sa's earnings presentation, September 2022
Slide 1: Performance in a challenging context
Performance in a challenging context Presentation of 2022 half-year results Bucharest • September 2022 patriabank.ro
Slide 2: I. Macroeconomic background in brief
I. Macroeconomic background in brief Romanian economy shows strong recovery against a backdrop of rising inflation patriabank.ro
Slide 3: Romanian economy shows strong recovery against a backdrop of rising inflation
Romanian economy shows strong recovery against a backdrop of rising inflation GDP growth Inflation › The Romanian GDP expanded by 5.3% yoy in the second › The annual CPI inflation rate increased significantly in the quarter of 2022, following a 6.4% gain in the previous period second quarter of 2022
Slide 4: Interest rate and banking environment developments
Interest rate and banking environment developments Interest rates Banking system › In the second quarter of the year, the NBR continued its › The rate of non-performing loans was, at the end of the monetary policy rate increase cycle started in the last quarter second quarter, 3.01%, compared to 3.3
Slide 5: II. Patria Bank at 30.06.2022 in brief
II. Patria Bank at 30.06.2022 in brief Significant steps towards normalized profitability patriabank.ro
Slide 6: Patria Bank in the first half of 2022 at a glance
Patria Bank in the first half of 2022 at a glance FINANCIAL RESULTS AT 30.06.2022 MAIN RATIOS AT 30.06.22 PROFITABILITY PROFITABILITY RATES OF RETURN Net profit Increase in operational profit Return on assets (RoA) 0.5% Net profit 9.5 +40.0% 10.1 mill. RON vs. 30.06.21 Return on equity (RoE) 6.2% RO
Slide 7: III. Commercial and operational developments
III. Commercial and operational developments The Bank continued to be an active participant in key segments - SMEs, micro- enterprises and agriculture. Overall, the performing loans portfolio (stages 1 and 2) shows an increase of 11.4% or RON 223 Million at 30 June 2022 vs. year-end 2021 and of 17.5
Slide 8: Key strategic development pillars – half-year 2022 developments
Key strategic development pillars – half-year 2022 developments Corporate and SME Agriculture (“Agro”) › The Corporate segment recorded a 9% increase in performing › 18% increase in balance of performing loans vs. end of 2021 loans in the first six months for the year (+25% vs. June 2021) › Patria B
Slide 9: Key strategic pillars – half-year 2022 developments
Key strategic pillars – half-year 2022 developments New loans production (RON Mill.) ST1 & ST2 outstanding performing loans portfolio (RON Mill.) › New loan production impacted by increased uncertainty and › Overall, the performing loans portfolio (stages 1 and 2 according client risk aversion, Ukra
Slide 10: Investments in digitalization of the business model (I)
Investments in digitalization of the business model (I) Advanced online platforms › Patria de oriunde – the online onboarding platform for individual clients was launched in July 2021. The platform allows remote › Patria Online – the Bank’s online & mobile banking platform has access to banking prod
Slide 11: Investments in digitalization of the business model (II)
Investments in digitalization of the business model (II) Clients access to online products and services Online trading platform for Patria investment funds › Implementation of the second authentication factor for › SAI Patria Asset Management, a subsidiary of Patria Bank authorization of e-Commerce
Slide 12: IV. Increasing results in 2022
IV. Increasing results in 2022 Financial results at 30 June 2022 show a net profit of RON 10 Million, a 67% increase over the net profit at 30 June 2021. Main drivers were increasing operating revenues and a good quality of the loan portfolio reflected in the level of financial assets impairment adj
Slide 13: Net profit in a pandemic context
Net profit in a pandemic context Financial performance in 2021 Financial performance - half-year 2021 and 2022 trends [RON Million] › Net banking income increased from RON 86.1 Million in the first six months of 2021 to RON 93.2 Million in the same period of 2022 (+8.2%). This increase includes cont
Slide 14: Balance Sheet evolution: placement of liquidity in income-generating assets continues
Balance Sheet evolution: placement of liquidity in income- generating assets continues Evolution of the gross performing loan Asset structure portfolio [Million RON] The process of placing liquid assets in loans has continued in 2022. The share of net loans in total assets continued to increase this
Slide 15: Balance sheet evolution & main ratios
Balance sheet evolution & main ratios Financial position at 30 June 2022 Balance sheet items [RON Million] › Total Assets of Patria Bank increased by 30.06.2021 31.12.2021 30.06.2022 11.8% at 30 June 2022 compared to 30 › Liquid assets 1,203.6 1,464.8 1.299.4 June 2021 (RON +409 Million) and by 1.6%
Slide 16: Half-year results vs. 2022 budget
Half-year results vs. 2022 budget 2022: budget vs. half-year results [management accounting, RON million] Main ratios (%) H1 2022 2022F › Gross loans / Deposits 75 71 › Gross loans / Total assets 61 56 › Government bonds / Total assets 25 24 › Cost / Income 75 69 › Return on Assets (RoA) 0.5 0.6 › R
Slide 17: VI. Patria Bank stocks and bonds - market trends
VI. Patria Bank stocks and bonds - market trends Patria Bank has three securities issues listed on the regulated market of the Bucharest Stock Exchange: the bank's shares, trading with the PBK ticker symbol, and two subordinated bond issues trading with ticker symbols PBK27E and PBK28E. patriabank.r
Slide 18: PBK shares on the Bucharest Stock Exchange
PBK shares on the Bucharest Stock Exchange PBK shares Price of PBK shares on the Bucharest Stock Exchange (RON) 0.1100 › Patria Bank shares trade on the Premium Tier of the regulated market managed by the Bucharest Stock Exchange with the PBK ticker symbol › ISIN code: ROBACRACNOR6 0.0900 › Total nu
Slide 19: PBK bonds on the Bucharest Stock Exchange
PBK bonds on the Bucharest Stock Exchange PBK27E EUR bond issue Price of PBK27E bonds on the Bucharest Stock Exchange (%) › Issue Date: 20 September 2019 106% › Total value: EUR 5.0 Million › Interest rate: 6.50% pa (fixed) 102% › Maturity Date: 20 September 2027 › Price at 31 August 2022: 100.01 ›
Slide 20: VII. Shareholders and management
VII. Shareholders and management Strong shareholding structure and experienced Management and Board members patriabank.ro
Slide 21: Strong shareholding structure
Strong shareholding structure Selected track record in the financial services sector of investment funds for Emerging Europe Accession Fund which Axxess Capital Partners was an investment advisor › The main shareholder of Patria Bank with a 84.05% holding is EEAF Financial Investment Buyer upon exit
Slide 22: Experienced management and board members
Experienced management and board members Horia Manda Daniela Iliescu Bogdan Merfea BoD Chairman BoD Member BoD member Managing Partner- CFO-Axxess Capital Axxess Capital CEO-Raiffeisen BoD member-BCC BoD member – Bank Kosovo various companies Ex-Senior Selected M&A Ex-ED-Raiffeisen Manager-PwC exper
Slide 23: Investor relations
Investor relations Patria Bank SA Information for shareholders and bondholders › 42 Soseaua Pipera, Sector 2 Bucharest, › https://en.patriabank.ro/about-patria-bank/investors Romania › Phone: +40 747 045 464 › Email: capital@patriabank.ro Contact persons › Razvan Pasol razvan.pasol@patriabank.ro › R