Habib Bank Limited · PSX:HBL
Habib Bank — 9M 2017 Earnings Presentation
10 slides from Habib Bank's earnings presentation, September 2017
Slide 1: Financial Results – September 2017
Financial Results – September 2017 Investor Presentation 0
Slide 2: Key Highlights
Key Highlights Reported Consolidated PBT for 9M’17 is Rs 18.8 Bn vs Rs 43.5 Bn for 9M’16. PAT for 9M’17 is Rs 1.6 Bn against Rs 25.8 Bn in 9M’16 • Profit numbers are lower primarily due to the settlement payment to NYSDFS. – Rs 23.7 Bn • Excluding the impact of the settlement payment, PBT (Rs 42.5 B
Slide 3: Key Highlights
Key Highlights Administrative expenses are up 12% YoY to Rs 43.5 Bn • The growth is primarily due to the consolidation impact of First MicroFinanceBank and higher spend on remediation efforts in New York. • Excluding these, expense growth has been contained to less than 7%. Provisions • Gross NPLs h
Slide 4: Key Highlights
Key Highlights In Sep’17, the Balance sheet has grown by 6% over Dec’16 to Rs 2.6 trillion Total deposits have increased by 7% over Dec’16, to over Rs 2.0 trillion • Domestic current accounts have increased by 9.6% over Dec’16, and crossed Rs 600 Bn. Consequently, the mix of current accounts has imp
Slide 5: Balance Sheet
Balance Sheet PKR Bln Sep'17 Dec'16 Var% Cash & Bank Balances 275.3 284.4 -3% Lending to Financial Institutions 14.2 34.0 -58% Investments 1,399.6 1,344.4 4% Performing Advances 840.2 741.8 13% Non Performing advances - net of provision 6.4 6.7 -3% Net Advances 846.6 748.5 13% Others 111.8 95.9 17%
Slide 6: Net Advances: loan portfolio and coverage ratio
Net Advances Loan portfolio composition by line of business International Advances – Location wise Mauritius Others 1.8% 9.9% Bangladesh International 3.2% 21.2% Bahrain Corporate 11.5% UAE Net loans: 48.4% Net loans: 44.6% Others 10.0% PKR847Bn PKR180Bn Oman 4.5% Consumer 5.2% Singapore 4.7% Agricu
Slide 7: Deposits
Deposits Growth in Period End Deposits Growth in Average Deposits 9M'17 9M'16 PKR Bln Sep'17 Dec'16 Var% PKR Bln Var% (Actual) (Actual) Current 602.4 549.7 10% Current 531.9 457.4 16% Saving 903.9 800.1 13% Saving 821.4 721.5 14% Term 216.5 228.2 -5% Term 192.9 173.1 11% Domestic 1,722.8 1,578.1 9%
Slide 8: Income Statement
Income Statement 9M'2017 9M'2016 PKR Bn Var% (Actual) (Actual) Interest Income 109.4 106.8 2% Interest expensed (47.4) (44.6) -6% Net Interest Income 62.0 62.2 0% Non Interest Income 26.3 22.3 18% Gross Revenue 88.3 84.6 4% Admin Expenses (43.5) (39.0) -12% Operating Expenses (44.3) (39.9) -11% Pre
Slide 9: Non Fund Income
Non Fund Income 9M'2017 9M'2016 PKR Mln Var% (Actual) (Actual) Fees and commissions 15,520 13,791 13% Capital Gains 4,942 3,502 41% Dividend income 959 905 6% FX Income 1,932 1,066 81% Share of profit of associates 2,277 2,496 -9% Other income 663 579 14% Total non interest income 26,295 22,339 18%
Slide 10: Key Ratios
Key Ratios Ratios Sep'17 Dec'16 Advances : Deposits 45.2% 43.3% Asset Quality 8.2% 9.2% Coverage 91.4% 91.2% Capital Adequacy 13.6% 15.5% Ratios 9M 2017 9M 2016 Yield on advances 7.4% 8.1% Cost of deposits 2.4% 2.5% Net Interest Margin 3.9% 4.3% Spreads 3.3% 3.7% NCL ratio 0.1% 0.2% Return on averag