Uco Bank · NSE:UCOBANK
Uco Bank — Q2 FY2023 Earnings Presentation
45 slides from Uco Bank's earnings presentation, Nov 4, 2022
Slide 1: UCO Bank filing cover letter
यूको बैंक UCO BANK सम्मान आपके विश्वास का Honours Your Trust HO/Finance/Share/137/2022-23 Date: 04.11.2022 National Stock Exchange of India Ltd. BSE Limited “Exchange Plaza” Phiroze Jeejeebhoy Towers Plot no. C/1, G Block Dalal Street,Fort, Bandra-Kurla C Mumbai – 400 001 omplex, Bandra (E) BSE Scri
Slide 2: Quarterly Results September 2022
UCO BANK (A Govt. of India Undertaking) Quarterly Results September 2022
Slide 3: Growth Continues…
UCO BANK Growth Continues… Net Profit For Sep 22 Qtr. ₹505 Cr. (308.16%) (Q-Q)
Slide 4: Contents
Contents Highlights: September 2022 Business segment Performance Asset Quality Financials Capital & Share Holding Digital Journey
Slide 5: Highlights September 2022
Highlights September 2022 oan
Slide 6: Domestic Branches Overseas
3106 2 2401 4057 Domestic Overseas ATM BCs Branches South, Central, Urban, 319 19.54% 607 Metro, 513 North 582 North, East, 208 824 Semi urban, 26.69% 829 (35.03%) west, 298 East, 944 Rural, 1088
Slide 7: Total Business, Advances, Deposits
Total Business Total Advance Total Deposit ₹377305 Cr. ₹142156 Cr. ₹235149 Cr. 12.55% (Y-Y) 16.95% (Y-Y) 10.04 % (Y-Y) Net Profit Gross NPA Net NPA ₹ 505Cr. 6.58% 1.99 % 145.64% (Y-Y)
Slide 8: Financials
Financials Operating Profit (Qtr) ₹ in (Cr) ₹ in (Cr) Net Profit (Qtr) 1334 1190 505 310 312 440 205 102 124 80 30 35 Sep-21 Jun-22 Sep-22 Sep-20 Dec-20 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Treasury Profit Recovery in Writen off 550 Net Interest Income (Qtr) ₹ in (Cr) 1763 1770 1598 1652
Slide 9: Improving Asset Quality
Improving Asset Quality PCR (%) Recovery (Qtr.) ₹ in Cr 92.90 Cash Recovery + Recovery in Written off 91.96 A/c 91.30 91.44 Upgradation 90.02 932 944 88.40 88.53 794 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Net NPA (%) Gross NPA % 507 9.59 9.37 8.98 8.00 7.89 7.42 6.58 184 176 3.94 3.85 3.37
Slide 10: Business Growth
Business Growth ₹ in (Cr) Business Mix Sep-21 Jun-22 Sep-22 Q-Q (%) Y-O-Y (%) (Deposits + Advances) Global Business 335238 356677 377305 5.78 12.55 Domestic 318923 336231 351411 4.51 10.19 Overseas 16315 20477 25894 26.64 58.72 Global Deposits 213686 225328 235149 4.36 10.04 Domestic 208853 220404 2
Slide 11: Operating Revenues
Operating Revenues ₹ in (Cr) Quarter Ended Variation (%) over Sl. Parameters Sep-21 Jun-22 Sep-22 Q-O-Q (%) Y-O-Y (%) 1 Interest Income 3720 3851 4185 8.67 12.50 2 Interest Expenses 2122 2202 2415 9.71 13.82 3 NII (1-2) 1598 1650 1770 7.28 10.76 4 Non-Interest Income 936 (54) 780 1531.77 -16.68 5 Op
Slide 12: Net Interest Income
Net Interest Income ₹ in (Cr) Quarter Ended Variation (%) over Particulars Sep-21 Jun-22 Sep-22 Q-O-Q (%) Y-O-Y (%) Interest Income 3720 3851 4185 8.67 12.50 a. From Advances 2042 2141 2390 11.59 17.05 b. From Investments 1512 1535 1548 0.83 2.35 c. Others 166 175 248 41.67 49.09 Interest Expended 2
Slide 13: Non Interest Income
Non Interest Income ₹ in (Cr) Recovery in Written off Quarter Ended Variation (%) over 408 Particulars Sep-21 Jun-22 Sep-22 Q-O-Q Y-O-Y (%) (%) a) Treasury profit 150 104 102 -1.21 -31.87 232 b) Recovery in Written Off 550 232 408 75.44 -25.88 c) Other Non Interest Income 235 (391) 270 169.02 14.54
Slide 14: Provisions
Provisions ₹ in (Cr) Quarter Ended Variation (%) over Particulars Sep-21 Jun-22 Sep-22 Q-O-Q (%) Y-O-Y (%) Operating Profit 1334 440 1190 170.44 -10.82 Provisions for : NPA 1595 268 400 49.60 -74.91 Standard Assets 34 5 20 285.03 -39.44 Others (610) (26) (15) -42.78 -97.56 Income Tax (DTA) 110 69 27
Slide 15: Business Segment Performance
Business Segment Performance
Slide 16: Global Deposits
Global Deposits ₹ in (Cr) CASA Global (%) Particulars Sep-21 Jun-22 Sep-22 Saving Deposits 72793 77375 78933 Current Deposits 8551 9123 11586 Sep-22 Sep-21 38.74 38.44 CASA 81345 86498 90519 Term Deposits 127508 133906 138212 Overseas 4833 4924 6418 Jun-22 Deposits 38.73 Global Deposits 213686 22532
Slide 17: Retail Growth
Retail Growth 16.66% 17.26 % 27.29 % Home Loan (Y-Y) Vehicle Loan (Y-Y) Personal Loan (Y-Y)
Slide 18: RAM (Domestic Advance)
RAM (Domestic Advance) ₹ in (Cr) RAM% (Domestic Advance) Growth ₹ in (Cr) Sep-21 Jun-22 Sep-22 (Y-Y) % Sep-22, Sep-21, Domestic Advance 110070 115827 122936 11.69 60.89 62.04 Of Which Jun-22, Retail Advance* 26165 28206 29317 12.05 61.06 Retail Advance As on Sep 2022 Agriculture Advance* 18068 18980
Slide 19: Priority Sector Advance
Priority Sector Advance ₹ in (Cr) % Growth Industry Sep-21 Jun-22 Sep-22 Y-O-Y % to ANBC Agriculture 24712 22811 24094 -2.50 19.80 Out of which, S&MF 12809 13068 13247 3.42 10.88 MSME 22882 23552 25627 12.00 21.05 Out of which, Micro 12923 14162 15165 17.35 12.46 Housing Loan 9586 10844 11106 15.86
Slide 20: Financial Inclusion Growth
Financial Inclusion Growth PMJJBY (15.84 Lac) 28.26%(Y-Y) PMSBY (32.56 Lac) APY (6.56 Lac) 27.29%(Y-Y) 41.08%(Y-Y) Schemes ₹ in (Cr) Sep-21 Jun-22 Sep-22 No. of Particulars No. of Accts Amount No. of Accts Amount Amount Accts PMJDY (Lacs) 107.38 3774.45 115.67 4621.71 118.83 4898.23 Zero Balance Acc
Slide 21: Investment Portfolio
Investment Portfolio Domestic Investment Others, Sep-21 (Domestic) AFS HTM Subsidiaries1.48% 71854 73817 & Joint 68711 Ventures, Govt. sec, 0.11% 69.45% Debentures & Bond, 27.89% 26954 26162 24503 Shares, 1.07% Others, Sep-22 (Domestic) Sep-21 Jun-22 Sep-22 Subsidiarie 2.24% s & Joint Ventures, Govt
Slide 22: Asset quality
2. T @ Asset quality oan
Slide 23: Asset Quality
Asset Quality ₹ in (Cr) Gross NPA Net NPA Item Sep-21 Jun-22 Sep-22 10910 9740 9359 Gross NPA 10910 9740 9359 Net NPA 3854 3104 2700 Gross NPA (%) 8.98 7.42 6.58 3854 3104 2700 Net NPA (%) 3.37 2.49 1.99 Provision Coverage Ratio (%) 90.02 91.96 92.90 Sep-21 Jun-22 Sep-22
Slide 24: Movement of NPA
Movement of NPA ₹ in (Cr) Year Ended Quarter Ended Item Mar 22 Sep-21 Jun-22 Sep-22 Opening Balance 11352 11322 10237 9740 Slippages 6122 2389 556 578 Less Cash Recovery 1299 382 275 386 Upgradation 2087 944 184 176 Write off 3851 1475 594 397 Total reduction 7237 2801 1053 959 Closing Balance 10237
Slide 25: NCLT
NCLT ₹ in (Cr) Sep-2022 (₹ Cr.) 1st List 2nd List Others Total Exposure to number of accounts referred under IBC (As per RBI List) 2 8 128 138 Loan Outstanding 889.73 2206.83 12650.32 15746.88 Total Provisions Held 889.73 2206.83 12650.32 15746.88 Inc. Tech. Write off
Slide 26: Segment NPA
Segment NPA ₹ in (Cr) 4455 3674 3574 2576 2439 2410 1783 1792 1626 1031 894 926 726 701 697 263 14349 14143 65 Sep-21 Jun-22 Sep-22 Agriculture & Allied Activities 4455 3674 3574 Micro & Small Industries 263 143 141 Medium Industries 65 49 43 Large Industries 1031 926 701 Services 2576 2439 2410 Ret
Slide 27: Rating Mix (Domestic)
Rating Mix (Domestic) Unrated ₹ in (Cr) Below 1.04 BBB 3.09 1.24 A& Below ₹ in (Cr) BBB Unrated 2.18 Above BBB 1.71 2.09 2.48 3.36 BBB Sep-21 20104 3452 2725 1886 3.14 18.26 Jun-22 27639 3895 2526 1433 23.86 A& Above 25.07 Sep-22 30751 2564 3794 1279 A& Above BBB Below BBB Unrated
Slide 28: SMA Data
SMA Data ₹ in (Cr) 9738 8300 4747 3185 3365 3336 3283 2978 2389 477 556 578 Sep-21 Jun-22 Sep-22 SMA-0 3185 9738 8300 SMA-1 477 3365 2978 SMA-2 4747 3336 3283 Fresh Slippage 2389 556 578
Slide 29: Covid Resolution Framework as on 30.09.2022
Covid Resolution Framework as on 30.09.2022 ₹ in (Cr) Resolution Framework 1.0 Resolution Framework 2.0 Outstanding Outstanding Category Category (30.09.2022) (30.09.2022) MSME (Upto Rs 25 Cr.) 171.82 MSME 1185.35 Personal Loans 62.87 Personal & Small Business 1297.09 Agriculture Allied 0 Agricultur
Slide 30: Financials
—— [-e -] Financials oan
Slide 31: Balance Sheet
Balance Sheet ₹ in (Cr) CAPITAL & LIABILITIES 30.09.2021 30.06.2022 30.09.2022 Capital 11956 11956 11956 Reserves & Surplus 10876 11843 12408 Deposits 213686 225328 235149 Borrrowings 15894 12682 19575 Other Liabilities & Provisions 7296 5640 6257 Total 259707 267449 285345 ASSETS Cash and Balances
Slide 32: Key Financial Indicators
Key Financial Indicators Particulars (Qtr.) Sep-21 Jun-22 Sep-22 Book Value per Share (₹) 8.69 9.96 10.67 Earning Per Share (₹) 0.17 0.10 0.42 Net Worth ( ₹ in Cr.) 9822 11251 12064 Business Per Branch ( ₹ In Cr.) 109.16 116.03 121.40 Business Per Employee ( ₹ in Cr.) 15.12 16.02 17.12 Operating Pro
Slide 33: Capital & Shareholding
2 Capital & Shareholding oan
Slide 34: Capital & Shareholding Pattern
Capital & Shareholding Pattern ₹ in (Cr) Share Holding Pattern Others Sep-21 Jun-22 Sep-22 3.34% Particulars DIIs 1.24% CET1 Capital 11462 11533 11862 FIIs 0.03% Tier I Capital 11462 11533 11862 Govt. 95.39% Tier II Capital 2963 2903 2925 Total Capital 14425 14435 14787 Risk Weighted Assets 100769 1
Slide 35: Digital Journey
Digital Journey oan
Slide 36: Digital Progress
Digital Progress New Initiative Inauguration of 2 Digital Banking Unit(DBU) at Salepur & Puri, Odisha Introduction of Personalised Debit Card Issuance through Bank’s Website Installation of 35 Cash Recycler & 55 ATM. Instant activation of Debit card. Video life Certificate New Features in M-Ban
Slide 37: Digital Performance
Digital Performance Sep-21 BHIM Sep-22 BHIM Uco UPI, Mobile 5.01 Mobile Uco UPI, Bankin, Bankin, 5.84 44.29 69.65 Debit Debit Card, Card, 118.79 Internet Internet Banking 107.80 Banking, , 13.75 14.57 Growth (%) Digital Channels Sep-21 Mar-22 Sep-22 Y-O-Y Q-O-Q Debit Cards (Lakhs) 107.80 115.43 118.
Slide 38: Digital Performance
Digital Performance Digital Channels Total Transaction (In Cr.) Digital Transaction (In Cr.) Digital transaction % 116.23 90.84 98.29 70.95 70.77 70.33 46.81 60.89 46.01 49.90 28.94 26.29 2019-20 2020-21 2021-22 2022-23 ( Upto Q2) Total Transactions Digital Transactions (Financial) Financial Year Di
Slide 39: Social Media Presence
Social Media Presence www.ucobank.com 1800 103 0123
Slide 40: Associate
Associate Paschim Banga Gramin Bank As on 30.09.2022 (Unaudited) Particulars Amount (₹ in Cr) Total Business 9637.09 Deposit 6335.36 Advances 3301.73 Income Sep Qtr. 123.33 Expenditure & Provision Sep Qtr. 144.00 Net Profit Sep Qtr. -20.67 No of Branches 230 Employee Strength 1043
Slide 41: ESG Initiative (Environment)
ESG Initiative (Environment) Customers of the Bank are encouraged to do paperless transactions using electronic channels such as ATM, E-banking, m-banking, UPI etc. which greatly reduce the use of paper, thereby conserving the nature and greenery. Promoted the culture of providing e-statement an
Slide 42: ESG Initiative (Social)
ESG Initiative (Social) Bank takes cognizance of the work-life balance of its employees, especially that of women. Maternity leave, Sabbatical leave, spouse transfer, one-time Lady Officer Transfer, etc. are various processes through which work life balance is maintained. Bank has been extending
Slide 43: ESG Initiative (Governance)
ESG Initiative (Governance) To maintain transparency and adherence with best corporate governance practices, various material events of the Bank are being promptly disclosed to stock exchanges for wider dissemination among the public. Grievance Redressal Policy of the Bank ensures prompt redress
Slide 44: Awards & Accolades
Awards & Accolades Winner Thematic (Collaborating for Synergistic Outcomes) 1st Prize in Raj Bhasa Kirti Purashkar (2021-22) EASE agenda for (2021-22) Outstanding Performance in Winner of The Eastern India Best Employer Brand SHG Bank Linkage (2021-22) Awards 2022
Slide 45: Thank You!
0 6 S. @®=> 6 — ® Thank You!