Canara Bank · NSE:CANBK
Canara Bank — FY2015 Earnings Presentation
54 slides from Canara Bank's earnings presentation, March 2015
Slide 1: Performance Highlights March 2015
ete! dao L\ canara Bank PERFORMANCE HIGHLIGHTS MARCH 2015
Slide 2: Highlights – March'2015
HIGHLIGHTS – MARCH’2015 Net profit at ` 2703 crore, up by 10.8% y.o.y. Gross profit at ` 6950 crore, up by 2.3% y.o.y. Total provisions at ` 4248 crore compared to ` 4358 crore in FY14 Non-interest income for FY15 at ` 4550 crore, up by 15.7% y-o-y. ROAA for FY15 at 0.55%, up from 0.54% last ye
Slide 3: Highlights – March'2015
HIGHLIGHTS – MARCH’2015 Total Business at ` 8.04 lakh crore, up by 11.4% y.o.y. Total Deposits at ` 4.74 lakh crore, up by 12.6% y-o-y. Advances (net) at ` 3.30 lakh crore, up by 9.6% y-o-y. Growth in retail business- Priority Credit (21%), Agriculture (21%), MSME (21%), MSE (26%), Retail Lendin
Slide 4: Performance Highlights - Business
PERFORMANCE HIGHLIGHTS- BUSINESS ` y.o.y MAR’14 JUNE’14 SEP’14 DEC’14 MAR’15 Growth(%) Parameters Deposits 420723 428976 461193 462450 473840 12.6 Advances 301067 302964 310860 312269 330036 9.6 (net) Business 721790 731940 772053 774718 803876 11.4 C-D Ratio 71.56 70.62 67.40 67.52 69.65 -- Market
Slide 5: Performance Highlights - Overseas Business
PERFORMANCE HIGHLIGHTS- OVERSEAS BUSINESS ` y.o.y Parameters MAR’ 14 MAR’15 Growth % Deposits 21870 29138 33.2 Advances 19224 22693 18.0 Total Business 41094 51831 26.1 Gross Profit 242 270 11.6 Overseas Business constitute 6.45% of the Global Business www.canarabank.com Page 5
Slide 6: Performance Highlights - Profitability Q4FY15
PERFORMANCE HIGHLIGHTS- PROFITABILITY-Q4FY15 ` y.o.y Parameters Q4FY14 Q1FY15 Q2FY15 Q3FY15 Q4FY15 Gr(%) Total Income 11610 11728 11915 12228 12429 7.1 Total Expenses 9728 9933 10290 10431 10697 10.0 Operating Profit 1882 1795 1626 1797 1733 -7.9 Net Profit 611 807 627 656 613 0.4 NIM (%) Domestic 2
Slide 7: Performance Highlights - Profitability FY15
PERFORMANCE HIGHLIGHTS- PROFITABILITY-FY15 ` y.o.y Parameters Mar’13 Mar’14 Mar’15 Growth(%) Total Income 37231 43480 48300 11.1 Total Expenses 31341 36684 41350 12.7 Operating Profit 5890 6796 6950 2.3 Net Profit 2872 2438 2703 10.8 www.canarabank.com Page 7
Slide 8: Performance Highlights - Expanding the Reach
PERFORMANCE HIGHLIGHTS- EXPANDING THE REACH Particulars Mar’13 Mar’14 Mar’15 Y-o-Y incr. Branch Network 3728 4755 5682 930* ATM Strength 3526 6312 8533 2221 Debit Card (In Lakh) 95.53 151.30 254.71 103.41 E-Lounges 132 5675 domestic Population group No. of branches % to total Branches Rural 1804 32%
Slide 9: www.canarabank.com
www.canarabank.com Page 9
Slide 10: Segment Wise Deposits
SEGMENT WISE DEPOSITS ` y.o.y Parameters MAR’14 JUN’14 SEPT’14 DEC’14 MAR’15 Growth (%) Total Deposits 420723 428976 461193 462450 473840 12.6 Current 17744 16749 17743 18696 19846 11.8 Saving 85536 81594 86287 86322 93686 9.5 CASA 103279 98343 104030 105019 113532 9.9 CASA (%)Dom 25.76 24.15 23.71
Slide 11: Loans & Advances Segment
LOANS & ADVANCES SEGMENT ` y.o.y Parameters MAR’14 JUN’14 SEP’14 DEC’14 MAR’15 Growth (%) Advances (Net) 301067 302964 310860 312269 330036 9.6 Total Priority 97762 103694 108748 112693 118234 20.9 Agriculture 48797 53956 54890 56474 58868 20.6 - Direct Agriculture 44268 45202 46705 47928 51437 16.2
Slide 12: Achievement Under Mandated Targets – Priority Sector
ACHIEVEMENT UNDER MANDATED TARGETS – PRIORITY SECTOR Achieved the mandated targets in respect of: Total Priority (40.89% against 40% norm) Mandated Agriculture (20.36% against 18% norm) Targets under Direct agriculture (17.79% against 13.5% norm) Priority Credit to specified minority communities (19
Slide 13: Performance of Retail Advances
Performance of Retail Advances ` y.o.y Type of Advances MAR’14 JUN’14 SEP’14 DEC’14 MAR’15 Growth Housing loans Direct 12822 13541 14391 15225 16480 28.5% Vehicle loans 3099 3335 3490 3628 3770 21.6% Education loans 4901 5046 5336 5492 5636 15.0% Other Personal Loans 5845 7469 9785 10170 10540 80.3%
Slide 14: Exposure - Infrastructure
EXPOSURE - INFRASTRUCTURE ` % Share y.o.y Parameters MAR’14 JUN’14 SEP’14 DEC’14 MAR’15 Total Adv Growth Roads 6980 7242 7517 7851 8195 2.48 17.4% Ports 1092 1093 831 827 835 0.25 -23.5% Airports 1827 1788 1688 1657 1364 0.41 -25.3% Power (Generation, 38294 42165 43539 45620 45154 13.68 17.9% Transm
Slide 15: Exposure - Power Sector & Aviation
EXPOSURE - POWER SECTOR & AVIATION ` % Share y.o.y Parameters MAR’14 JUN’14 SEP’14 DEC’14 MAR’15 Total Growth Adv -Power Generation 20003 21985 22707 23824 24459 7.41 22.3% -Power Transmission 2215 2166 2205 2126 1533 0.46 -30.8% -Power Distribution 16076 18014 18627 19670 19162 5.81 19.2% Total Pow
Slide 16: Exposure to Other Sectors
EXPOSURE TO OTHER SECTORS ` y.o.y MAR’14 JUN’14 SEP’14 DEC’14 MAR’15 Growth (%) EXPOSURE TO CAPITAL MARKET Outstanding 2210 2365 2348 2458 2331 5.5 EXPOSURE TO NBFCs Total 26163 25474 24589 23523 24241 -7.3 Out of above : HFCs 8144 8367 7475 7212 7350 -9.7 Private 12163 11621 12151 11287 10781 -11.4
Slide 17: www.canarabank.com
www.canarabank.com Page 17
Slide 18: Profitability - Q4 FY15
PROFITABILITY- Q4 FY15 ` y.o.y Parameters Q4 FY14 Q1 FY15 Q2 FY15 Q3 FY15 Q4 FY15 Growth (%) Total Income 11610 11728 11915 12228 12429 7.1 Total Expenses 9728 9933 10290 10431 10697 10.0 Operating Profit 1882 1795 1626 1797 1733 -7.9 Provisions 1271 988 999 1141 1120 -11.9 Net Profit 611 807 627 65
Slide 19: Profitability – FY15
PROFITABILITY – FY15 ` y.o.y Parameters Mar’13 Mar’14 Mar’15 Growth (%) Total Income 37231 43480 48300 11.1 Total Expenses 31341 36684 41350 12.7 Operating Profit 5890 6796 6950 2.3 Provisions 3018 4358 4248 -2.5 Net Profit 2872 2438 2703 10.8 Net Int. Income 7879 8944 9664 8.0 Non Int. Income 3153
Slide 20: Break-up: Income – Q4 FY15
BREAK-UP : INCOME – Q4 FY15 ` y.o.y Parameters Q4 FY14 Q1FY15 Q2 FY15 Q3 FY15 Q4 FY15 Growth (%) Interest on Advances 7683 7905 8005 8064 8093 5.3 Interest on Investments 2598 2625 2681 2792 2826 8.8 Other Interest Income 259 171 208 196 185 -28.7 Total Interest Income 10540 10701 10894 11052 11103
Slide 21: Break-up: Income – FY15
BREAK-UP : INCOME – FY15 ` y.o.y Parameters Mar’13 Mar’14 Mar’15 Growth (%) Interest on Advances 24380 28458 32066 12.7 Interest on Investments 9112 10251 10924 6.6 Other Interest Income 586 839 760 -9.4 Total Interest Income 34078 39548 43750 10.6 Non – Interest Income 3153 3933 4550 15.7 Total Inc
Slide 22: Break-up: Expenditure – Q4 FY15
BREAK-UP : EXPENDITURE – Q4 FY15 ` y.o.y Parameters Q4 FY14 Q1 FY15 Q2 FY15 Q3 FY15 Q4 FY15 Growth (%) Interest Expenses 8005 8272 8526 8671 8617 7.7 Interest on Deposits 7476 7702 7964 8213 8146 9.0 Staff Expenses 979 1038 1036 1038 1163 18.7 Other Op Exp 744 623 728 722 917 23.3 Total Op Exp 1723
Slide 23: Break-up: Expenditure – FY15
BREAK-UP : EXPENDITURE – FY15 ` y.o.y Parameters Mar’13 Mar’14 Mar’15 Growth (%) Interest Expenses 26199 30603 34086 11.4 Interest on Deposits 25250 28658 32026 11.7 Staff Expenses 3254 3672 4274 16.4 Other Op Exp 1888 2409 2989 24.1 Total Op Exp 5142 6081 7264 19.5 Total Expenses 31341 36684 41350
Slide 24: Break-up: Non-Interest Income
BREAK-UP: NON-INTEREST INCOME ` y.o.y Parameters Q4FY14 Q1FY15 Q2FY15 Q3FY15 Q4FY15 Growth(%) Com & Exchange 284 209 224 226 269 -5.3 -Of which Bancassurance 21 11 17 20 11 -47.6 Profit from Exch. Transactions 226 263 206 251 61 -73.0 Rent – Lockers 2 66 4 2 3 50.0 Dividend Income 19 7 22 32 21 10.5
Slide 25: Break-up: Non-Interest Income - FY15
BREAK-UP: NON-INTEREST INCOME- FY15 ` y.o.y Parameters Mar’13 Mar’14 Mar’15 Growth (%) Com & Exchange 798 940 929 -1.2 -Of which Bancassurance 43 47 58 23.4 Profit from Exch. Transactions 464 670 782 16.6 Rent – Lockers 59 67 75 11.9 Dividend Income 57 70 81 15.7 Recovery in W/Off A/cs 301 425 381 -
Slide 26: Break-up: Provisions - Q4FY15
BREAK-UP : PROVISIONS- Q4FY15 ` Provisions for Q4 FY14 Q1 FY15 Q2 FY15 Q3 FY15 Q4 FY15 NPAs 802 1125 912 952 782 Standard Assets 1121 - - 81 73 Provisions on 362 (416) (22) (236) 16 Investments Tax 180 200 185 300 110 Restructured & (16) 79 (76) 44 139 Others Total Provision 1271 988 999 1141 1120 &
Slide 27: Break-up: Provisions – FY15
BREAK-UP : PROVISIONS –FY15 ` Provisions for Mar’13 Mar’14 Mar’15 NPAs 1861 2135 3771 Standard Assets 256 478 154 Provisions on (371) 692 (658) Investments Tax 800 625 795 Restructured & Others 472 428 186 Total Provision &Contingency 3018 4358 4248 www.canarabank.com Page 27
Slide 28: Earnings Profile
EARNINGS PROFILE Parameters Q4FY14 Q1FY15 Q2FY15 Q3FY15 Q4Y15 NIM – Domestic 2.40 2.42 2.36 2.36 2.36 NIM – Global 2.27 2.30 2.24 2.24 2.25 ROAA 0.54 0.66 0.51 0.53 0.50 EPS (`)(not Annualized) 13.65 17.49 13.59 14.22 13.29 ROE (Annualized) 10.59 13.47 11.78 11.27 11.06 Cost-Income Ratio (Cumulative
Slide 29: Cost and Yield Trends
COST AND YIELD TRENDS (In Mar’14 Jun’14 Sep’14 Dec’14 Mar’15 Cost of Deposits 7.42 7.44 7.40 7.40 7.38 Cost of Funds 6.80 6.80 6.82 6.83 6.84 Yield on Advances 10.54 10.69 10.69 10.76 10.75 Yield on Funds 8.79 8.80 8.77 8.75 8.78 Yield on Investments 8.03 8.05 8.04 8.02 8.00 www.canarabank.com Page
Slide 30: Investment Classification
Investment Classification ` % Share % Share % Share Parameters Mar’13 in Total Mar’14 in Total Mar’15 in Total Portfolio Portfolio Portfolio SLR 102003 85% 108095 85% 122508 85% Non SLR 18700 15% 18758 15% 22084 15% Total (Domestic) 120703 100% 126853 100% 144592 100% Held For Trading 741 1% 157 0.1
Slide 31: www.canarabank.com
www.canarabank.com Page 31
Slide 32: Asset Quality
ASSET QUALITY ` PARTICULARS Mar’14 June’14 Sep’14 Dec’14 Mar’15 Gross NPA 7570 8160 9164 10574 13040 Gross NPA Ratio (%) 2.49 2.67 2.92 3.35 3.89 Net NPA 5965 6150 7170 7556 8740 Net NPA Ratio (%) 1.98 2.03 2.31 2.42 2.65 Cash Recovery (cumulative) 5494 2019 3213 4427 5993 Cash Recovery of ` 1566 cr
Slide 33: Gross NPA Movement
GROSS NPA MOVEMENT ` PARTICULARS Mar’14 June’14 Sep’14 Dec’14 Mar’15 Opening Gross NPA (` Crore) 6260 7570 7570 7570 7570 Additions 8443 2595 5773 8065 10870 Sub Total 14703 10165 13343 15635 18440 Less: Reduction (a+b+c+d)) 7134 2005 4179 5061 5400 a) Write Off (Including Addn Prudential Write- off
Slide 34: NPA Composition
NPA COMPOSITION ` Parameters MAR’14 JUN’14 SEPT’14 DEC’14 MAR’15 Gross Advances 303431 305723 313431 315856 334947 Sub-Standard 3436 4167 5416 6055 7076 Doubtful 4134 3993 3748 4518 5964 Loss NIL NIL NIL NIL NIL Provision Coverage Ratio(%) 60.11 60.10 58.68 59.44 57.29 www.canarabank.com Page 34
Slide 35: Sector-wise NPA Slippages
SECTOR-WISE NPA SLIPPAGES ` Q4 Q1 Q2 Q3 Q4 % to total SECTOR FY14 FY15 FY15 FY15 FY15 Slippages Micro & Small Ent. 38 631 970 627 496 17.68 Agriculture 719 390 373 316 266 9.48 Other Priority Sector 74 184 200 156 89 3.17 Total Priority Sector 831 1205 1543 1099 850 30.30 Medium Industries 73 174 39
Slide 36: Sector-wise NPA Outstanding
SECTOR- WISE NPA OUTSTANDING ` SECTOR Mar’14 Jun’14 Sep’14 Dec’14 Mar’15 Micro & Small Enterprises 1727 1959 2401 2715 3048 Agriculture 979 1179 1189 1330 1410 Other Priority Segments 250 358 402 435 380 Medium Enterprises 389 441 727 825 829 Large Industries 3279 3067 3386 4087 5815 Other Non-Prior
Slide 37: Priority Sector NPA
` Particulars Mar’14 Jun’14 Sep’14 Dec’14 Mar’15 Gross Advances 303431 305723 313431 315856 334947 Gross NPA 7570 8160 9164 10574 13040 Gross NPA % 2.49 2.67 2.92 3.35 3.89 Priority Sector Advances 97762 103694 108748 112693 118234 PS as % to Gross Advances 32.20 33.92 34.69 35.68 35.30 Total PS NPA
Slide 38: Restructured Assets
RESTRUCTURED ASSETS ` Total Of Which Restructured Standard NPAs Particulars No. Of Amount No. Of Amount No. Of Amount A/C s A/C s A/C s Total cumulative outstanding liability as 26090 23205 19860 20248 6230 2957 at 31.03.2014 A/C Restructured in FY 2014-15 Q1, 1399 1358 1340 879 59 479 June’14 Total
Slide 39: Restructured Assets Under CDR
RESTRUCTURED ASSETS UNDER CDR ` POSITION AS ON A/C Amount MARCH-2014 96 10446 JUNE- 2014 94 9224 SEPTEMBER-2014 85 9261 DECEMBER-2014 77 9956 MARCH-2015 86 10490 www.canarabank.com Page 39
Slide 40: Sector Wise Restructured Accounts
SECTOR WISE RESTRUCTURED ACCOUNTS Name of the Sector As on 31st Mar 2015 Details of restructured Accounts No. of a/cs Amnt % to cumulative Outstanding Amt. INFRASTRUCTURE (a+b+c+d+e+f+g+h) 136 13319 50.47 Of Which Power POWER (a+b+c+d) 69 10041 35.39 State DISCOMS (a) 27 6476 22.83 State Transmissio
Slide 41: Amount Restructured During Q4 FY15
AMOUNT RESTRUCTURED DURING Q4 FY15 ` No. of Accounts Amount Agriculture 3933 108 MSME 3949 326 Housing 4311 137 Large Advances 65 2835 Others 1496 32 Total 13754 3438 www.canarabank.com Page 41
Slide 42: Sector Wise Restructured Advances Outstanding as at Mar 2015
SECTOR WISE RESTRUCTURED ADVANCES OUTSTANDING AS AT MAR 2015 ` No. of Accounts Amount Agriculture 13316 470 MSME 11518 1509 Housing 15995 525 Large Advances 605 25470 Others 3290 397 Total 44724 28371 www.canarabank.com Page 42
Slide 43: Capital Adequacy – New Basel III Norms
CAPITAL ADEQUACY – NEW BASEL III NORMS CRAR of 10.56% at MAR 2015 Vs. 9% norm CET ratio at 7.37% vs. 5.5% norm Tier I ratio at 8.02% vs. 7% norm Tier II ratio at 2.54% Paid-up Capital at ` 475.20 crore Sufficient headroom available for raising further capital www.canarabank.com Page 43
Slide 44: Capital Adequacy – Basel III
CAPITAL ADEQUACY – BASEL III ` BASEL III Particulars Mar’14 JUN’14 SEPT’14 DEC’14 Mar’15 Risk-weighted 312226 321819 322093 330813 342248 Assets Tier I Capital 23991 23803 23859 23932 27459 CET: 7.41% CET: 7.12% CET: 7.13% CET: 6.97% CET: 7.37% Tier I Ratio% AT I: 0.27% AT I: 0.27% AT I: 0.28% AT I:
Slide 45: Shareholding Pattern
SHAREHOLDING PATTERN Govt. 69.91 FIIs 10.58 Indian 8.36 Financial Inst Mutual Funds 4.86 Resident 4.84 Individuals Others 1.45 www.canarabank.com Page 45
Slide 46: Pradhan Mantri Jan-Dhan Yojana (PMJDY)
Pradhan Mantri Jan - Dhan Yojana (PMJDY) ` www.canarabank.com Page 46
Slide 47: Financial Inclusion (FI)
Financial Inclusion (FI) ` ` ` ` ` www.canarabank.com Page 47
Slide 48: Important Customer-Friendly Technology Initiatives
IMPORTANT CUSTOMER-FRIENDLY TECHNOLOGY INITIATIVES www.canarabank.com Page 48
Slide 49: Important Customer-Friendly Technology Initiatives
IMPORTANT CUSTOMER-FRIENDLY TECHNOLOGY INITIATIVES www.canarabank.com Page 49
Slide 50: Expanded Clientele Base
EXPANDED CLIENTELE BASE Y-o-Y Y-o-Y Mar’13 Mar’14 Mar’15 Increase Growth (%) Clientele Base 470 555 657 102 18.38% No. of Deposit A/cs 417 489 585 96 19.63% No. of Borrowal A/cs 53 66 72 6 9.09% Over 1 Crore Clientele added during the year. www.canarabank.com Page 50
Slide 51: Major Awards/Accolades in Q3FY15
MAJOR AWARDS/ACCOLADES IN Q3FY15 o o o o o www.canarabank.com Page 51
Slide 52: Major Awards/Accolades in Q4FY15
MAJOR AWARDS/ACCOLADES IN Q4FY15 www.canarabank.com Page 52
Slide 53: Goals – Mar'16
GOALS – MAR’16 Retail deposits Retail credit Fee income Containing NPA Improving operational financial ratios- NIM, RoA, RoE and Cost-to-Income. www.canarabank.com Page 53
Slide 54: Thank You
ete! dao L\ canara Bank » THANK vou www.canarabank.com