Habib Bank Limited · PSX:HBL
Habib Bank — H1 2018 Earnings Presentation
9 slides from Habib Bank's earnings presentation, June 2018
Slide 1: Financial Results – June 2018 Investor Presentation
Financial Results – June 2018 Investor Presentation 0
Slide 2: Key Highlights
Key Highlights Consolidated PBT for H1’18 is Rs 14.1 bn compared to Rs 27.7 bn in H1’17 • Domestic PBT is Rs 8.2 bn lower YoY, primarily as a result of Impact of pensions charge (one-off) – Rs 1.9 bn Bank-wide business and compliance transformation project (on-going) – Rs 1.4 bn Impact of Rupe
Slide 3: Key Highlights
Key Highlights Non markup income is at Rs 10.7 Bn, Rs 5.7 Bn lower than in H1’17 • Excluding the significant decline in home remittance income, domestic fees have grown by 8% led by account operations, cards and consumer financing. • Core FX income is up 10% YoY driven by higher trading revenue. How
Slide 4: Key Highlights
Key Highlights HBL’s balance sheet has grown by 3% over Dec’17 to Rs 2.8 trillion Total deposits increased by 6% over Dec’17 to Rs 2.1 trillion. Domestic deposits grew by 8% to nearly Rs 1.9 trillion • Domestic current deposits have increased by 9.8% over Dec’17 to Rs 689 bn and the mix has improved
Slide 5: Balance Sheet
Balance Sheet PKR Bln Jun'18 Dec'17 Var% Cash & Bank Balances 279.8 286.8 -2% Lending to Financial Institutions 51.8 33.9 53% Investments 1,355.2 1,374.8 -1% Performing Advances 928.3 845.2 10% Non Performing advances - net of provision 6.3 6.3 0% Net Advances 934.6 851.5 10% Others 143.6 137.0 5% T
Slide 6: Net Advances
Net Advances Loan portfolio composition by line of business International Advances – Location wise Mauritius Others 2.4% 10.8% International 13.1% Bangladesh 4.5% UAE Others 36.1% 14.5% Bahrain Net loans: 10.7% Net loans: PKR935Bn PKR123Bn Corporate 52.4% Consumer 5.1% Oman 9.1% Agriculture 3.3% Ret
Slide 7: Deposits
Deposits Period End Deposits Average Deposits H1'18 H1'17 PKR Bln Jun'18 Dec'17 Var% PKR Bln Var% (Actual) (Actual) Current 689.1 627.8 10% Current 600.4 521.8 15% Saving 952.5 894.3 7% Saving 874.5 809.7 8% Term 254.7 240.2 6% Term 218.1 189.4 15% Domestic 1,896.3 1,762.3 8% Domestic 1,692.9 1,520.
Slide 8: Income Statement
Income Statement H1-18 H1-17 PKR Bn Var% (Actual) (Actual) Interest Income 75.5 72.3 4% Interest expensed (35.2) (30.9) -14% Net Interest Income 40.3 41.4 -3% Non Interest Income 10.7 16.4 -35% Gross Revenue 51.0 57.8 -12% Admin Expenses (36.2) (28.4) -28% Operating Expenses (36.8) (28.9) -27% Pre P
Slide 9: Key Ratios
Key Ratios Ratios Jun'18 Dec'17 Advances : Deposits 47.4% 46.1% Asset Quality 7.6% 8.2% Coverage 91.7% 91.6% Capital Adequacy - Tier I 12.8% 12.0% Capital Adequacy - Total 17.1% 16.0% Ratios H1 2018 H1 2017 Yield on advances 7.9% 7.5% Cost of deposits 2.7% 2.4% Net Interest Margin 3.8% 3.9% Spreads