Tisco Financial Group Public Co. Ltd. · SET:TISCO
Tisco Financial Group Public — Q1 2015 Earnings Presentation
20 slides from Tisco Financial Group Public's earnings presentation, Apr 20, 2015
Slide 1: TISCO Financial Group Analyst Meeting 1Q 2015
TISCO Financial Group Public Co., Ltd. Analyst Meeting 1Q 2015 April 20, 2015
Slide 2: 1Q 2015 Financial Results
TISCO 1Q 2015 Financial Results
Slide 3: Consolidated Income Statements
Consolidated Income Statements Unit : Million Baht 1Q14 4Q14 1Q15 % QoQ % YoY Interest Income 4,917 4,531 4,374 (3.5) (11.0) Interest Expenses (2,652) (2,089) (1,974) (5.5) (25.5) Net Interest Income 2,265 2,442 2,400 (1.7) 5.9 Fee & Service Income 1,284 1,274 1,302 2.2 1.5 Fee & Service Expenses (4
Slide 4: Assets and Liabilities
Assets and Liabilities Assets Liabilities Unit: Million Baht Unit: Million Baht 4.9% QoQ 5.7% QoQ 7.6% YoY 9.2% YoY Unit : Million Baht 1Q14 4Q14 1Q15 % QoQ % YoY Unit : Million Baht 1Q14 4Q14 1Q15 % QoQ % YoY Deposits & ST Loans - Net 278,932 262,784 254,437 (3.2) (8.8) 270,596 264,147 246,433 (6.7
Slide 5: Loan Portfolio
Loan Portfolio Total Loan Portfolio Unit: Million Baht 3.2% QoQ 8.8% YoY Retail Loans SME Loans Corporate Loans Unit: Million Baht Unit: Million Baht Unit: Million Baht 2.7% QoQ 1.4% QoQ 4.1% QoQ 8.9% YoY 22.5% YoY 0.0% YoY 5
Slide 6: Retail Loan Portfolio
Retail Loan Portfolio Retail Loan Breakdown 6
Slide 7: Industry Car Sales and Penetration Rate
Industry Car Sales and Penetration Rate Industry New Car Sales Units 160,000 2012 2013 120,000 2014 80,000 2015 40,000 - Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec TISCO Auto HP Penetration Rate No. of New Car Sales ('000 Units) Penetration Rate (%) 1,436 11.0% 1331 8.4% 8.5% 7.5% 7.6% 7.7% 7.4
Slide 8: Loan Spread and Net Interest Margin
Loan Spread and Net Interest Margin Yield on Loans and Cost of Funds 6.6 6.6 6.5 6.5 6.5 6.5 6.5 6.4 % Yield on loans % Loan spread 3.6 3.5 3.5 3.3 3.4 3.5 3.5 3.3 3.2 3.2 % Cost of funds 3.0 3.1 3.0 3.1 3.0 2.9 2012 2013 2014 1Q14 2Q14 3Q14 4Q14 1Q15 Remark: Cost of funds include contributions to F
Slide 9: Asset Quality
Asset Quality NPL and NPL Ratio Unit: Million Baht Total NPL % NPL 2.6% 2.4% 2.6% 2.7% 2.3% 1.7% 1.9% 1.3% 6,750 6,465 6,750 6,742 6,363 5,363 4,964 3,095 2012 2013 2014 1Q14 2Q14 3Q14 4Q14 1Q15 1Q14 4Q14 1Q15 NPL by Loan Type Million Baht % Million Baht % Million Baht % Corporate 261 0.5 258 0.5 33
Slide 10: Provisions
Provisions Provision Expense and Credit Cost Unit: Million Baht Provision expense (Million Baht) % Credit cost 4,426 4,141 1.6% 1.6% 1.7% 1.8% 1.7% 1.3% 1.5% 0.9% 1,922 1,176 1,220 1,138 894 972 2012 2013 2014 1Q14 2Q14 3Q14 4Q14 1Q15 Minimum Required Provision vs Actual Provision Unit: Million Baht
Slide 11: Deposits
Deposits Total Deposits & Bill of Exchanges Unit: Million Baht 6.7% QoQ 8.9% YoY Unit : Million Baht 1Q14 4Q14 1Q15 %QoQ %YoY Current 3,120 2,917 3,382 15.9 8.4 Savings 42,715 49,606 51,809 4.4 21.3 Fixed Deposits 181,778 152,860 144,958 (5.2) (20.3) Short-Term Bill of Exchanges 6,701 7,706 6,051 (2
Slide 12: Non-Interest Income
Non-Interest Income Non-Interest Income from Core Businesses Non-Interest Income Breakdown Unit: Million Baht 4.5% QoQ 6.0% YoY Unit : Million Baht 1Q14 4Q14 1Q15 % QoQ % YoY Banking Fee* 966 844 881 4.3 (8.8) Asset Management Fee 211 243 293 20.6 38.9 Brokerage Fee 166 275 250 (9.0) 50.6 Investment
Slide 13: Asset Management Business
Asset Management Business TISCO Asset under Management Unit: Million Baht Rank #9 2.7% QoQ 10.4% YoY Provident Fund Private Fund Mutual Fund Unit: Million Baht Rank #4 1.0% QoQ Unit: Million Baht Rank #8 0.3% QoQ Unit: Million Baht Rank #13 11.9% QoQ 10.9% YoY 8.5% YoY 33.0% YoY *Rankings & Market S
Slide 14: Brokerage Business
Brokerage Business TISCO Trading Volume and Market Share TISCO Volume (Million Baht) Market share (%) 625,096 3.1% 538,028 3.1% 3.0% 3.0% 2.9% 2.9% 2.8% 2.8% 408,339 153,247 168,011 150,600 96,850 119,921 2012 2013 2014 1Q14 2Q14 3Q14 4Q14 1Q15 TISCO Trading Volume by Customer Retail Investors Forei
Slide 15: Operating Expenses
Operating Expenses Cost to Income Ratio Cost to Total Assets Ratio Unit : Million Baht 1Q14 4Q14 1Q15 % QoQ % YoY Employees' Expenses 809 967 990 2.4 22.4 Premises & Equipment Expenses 214 249 231 (7.0) 8.2 Taxes & Duties 54 56 56 (0.1) 2.3 Other Expenses* 210 252 223 (11.5) 6.6 Total Operating Expe
Slide 16: Capital Adequacy
Capital Adequacy Capital Adequacy Ratio of TISCO Bank 16.8% 16.6% 16.8% 17.1% 15.4% 14.3% 13.3% 13.4% 12.7% 12.6% 12.5% 12.6% 11.5% 9.0% 9.2% 9.4% 30,240 29,920 30,240 30,447 28,897 Capital Base (MB) 27,170 25,746 BIS Ratio (%) 22,006 Tier I (%) 2012 2013 2014 1Q14 2Q14 3Q14 4Q14 1Q15* Remark: * Pro
Slide 17: Employees and Branch Network
Employees and Branch Network Total Branch Network Total TISCO Employees 17
Slide 18: Disclaimer
Disclaimer This presentation material may contain forward-looking statements. These forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ from those in the forward looking statements as a result of various factors. TISC
Slide 19: Investor Relations
Investor Relations TISCO Financial Group Public Company Limited 48/49 TISCO Tower, North Sathorn Road Silom, Bangrak, Bangkok 10500 Thailand Tel: +66-2-633-6868 Fax: +66-2-633-6855 Email: ir@tisco.co.th Website: www.tisco.co.th 19
Slide 20: Wealth of Possibilities
WEALTH OF POSSIBILITIES
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