Soneri Bank Limited · PSX:SNBL
Soneri Bank — Investor Presentation (December 2022)
17 slides from Soneri Bank's investor presentation, December 2022
Slide 1: Soneri Bank Limited Corporate Briefing Session 2022
Soneri Bank Limited Corporate Briefing Session 2022
Slide 2: Note about forward-looking statements
Note about forward-looking statements This document contains or incorporates by reference “forward-looking statements” regarding the belief or current expectations of Soneri Bank Limited (the “Bank”), the Board of Directors, and members of senior management about the strategy, businesses and perform
Slide 3: Company Brief
Company Brief
Slide 4: The Bank – At a glance
The Bank – At a glance Commencement of Operations April 1992 Registered Office Lahore Major Sponsors Feerasta Family Credit Rating (Long Term / Short Term) AA- / A1+ Branches* 367 (including 35 Islamic Branches) Market Share* 1.90% of deposits Assets* PKR 565bn Deposits* PKR 434bn Net Advances* PKR
Slide 5: Equity Progression
Equity Progression Current Market Our share capital over the years…… Capitalization – PKR 11 Bn Rs in Bns 12.000 11.025 10.023 10.000 9.021 8.028 8.000 6.023 6.000 5.019 4.114 4.000 3.117 1.653 2.000 0.783 1.018 1.272 0.300 0.330 0.380 0.501 0.626 - 1992 -2006 2007 onwards • Over the period, cash di
Slide 6: Earnings, Payouts and Shareholding Pattern
Earnings, Payouts and Shareholding Pattern Presented below is the Bank’s Dividend payout, as compared to the earnings for the relevant year and the market price of the Bank’s share. Pattern of Shareholding – September 2022 Particulars Shares (Millions) Percentage 74% Rupees 62% DIRECTORS, CEO & THEI
Slide 7: Financial Performance Review – 9M2022
Financial Performance Review – 9M2022
Slide 8: Balance Sheet Snapshot – With Average Volumes
Balance Sheet Snapshot – With Average Volumes Sept December Growth Growth Deposits EOP higher by 30.9bn (8%) vs Dec’21 with AVG Rs'mn Sept 2021 growth of 52.8bn (15%) 2022 2021 vs 2021 vs CPLY AVG DR 12.20% 7.15% 5.05% 7.00% 5.20% • CASA growth of 55.9bn (20%) vs Dec’21 with mix Deposits - EOP 434,0
Slide 9: SNBL vs Industry Sept 2022
SNBL vs Industry Sept 2022 Growth Sep 2022 Sep Growth Rs'bn Dec'21 Jan'22 Feb'22 Mar'22 Apr'22 May'22 June'22 July'22 Aug'22 Sep'22 vs Dec 2021 vs CPLY 2021 Industry Deposits 20,972 19,949 19,914 20,476 20,052 21,151 22,810 22,101 22,151 22,820 1,848 8.8% 19,829 2,991 15.1% Growth - Monthly 6.6% -4.
Slide 10: Profit & Loss Snapshot – 9M2022
Profit & Loss Snapshot – 9M2022 Rs'mn Q1 Q2 Q3 9M Sept '22 9M Sept '21 Growth vs CPLY NIM down by 8% : Markup Income 12,371 14,893 17,743 45,007 28,201 16,806 60% • Immediate re-pricing of deposits post Q2 DR hike by 525bps along with delayed repricing on advances resulting in 977m loss of income. M
Slide 11: Key Ratios
Key Ratios Financial Ratios UoM 9M 2022 9M 2021 ROAE% % 9.01% 14.20% *Normalised ROAE = 12.97% ROAA% % 0.34% 0.54% ROAA = 0.48% Return EPS Times 1.17 2.14 EPS = 1.83 Effective Tax rate % 61.32% 43.83% ETR = 40% Yield - Earning Assets % 11.58% 7.87% CoF % 9.00% 5.24% Profit Ratios Spread % 2.58% 2.63
Slide 12: CAR - September 2022
CAR - September 2022 Risk Weighted Assets Total SBP Operational CAR% Cushion YEAR Credit Risk Market Risk Total Capital requirement Risk Sept 2022 151,361 4,932 25,022 181,315 25,638 14.14% 11.50% 2.64% June 2022 160,046 4,368 25,022 189,437 23,506 12.41% 11.50% 0.91% (8,685) 563 0 (8,122) 2,133 1.7
Slide 13: Going forward
Going forward | 5s EEE
Slide 14: Progress against previous outlook shared
Progress against previous outlook shared 2021 was targeted as the year for an updated strategy for the organization; Revised strategy now in place and being tracked at BOD level We targeted a balance sheet footing of half a trillion, entering the mid-sized bank Achieved category in 2021; Against pee
Slide 15: Going forward
Going forward The following are the main strategic focus areas going forward: • Balance Sheet Growth • Creating Efficiency and Productivity • Developing Human Capital • Improving Shareholder Return • BOD approved operational plan is in place for tracking progress against initiatives. • The Bank will
Slide 16: Questions and Answers
Questions and Answers | 5 [EEE
Slide 17: Registered Office
Registered Office: 2nd Floor, 307 Upper Mall Scheme, Anand Road, Lahore – 54000, Pakistan Central Office: 10th Floor, PNSC Building, M.T. Khan Road, Karachi – 74000, Pakistan Tel: (021) 111-567-890