Banca IFIS S.p.A. · MIL:IF
Banca IFIS — Q3 2013 Earnings Presentation
11 slides from Banca IFIS's earnings presentation, Nov 13, 2013
Slide 1: Third Quarter 2013 Results
Linkedin Pinterest Facebook YouTube Slideshare Instagram Wordpress THIRD QUARTER 2013 RESULTS 3Q13 ©) GruppoBancalFIS @ GruppoBancalFIs
Slide 2: Highlights
HIGHLIGHTS (million Euro) Net profit 67,1 (59,7 at 30/09/2012) +15,8% Equity 357,9 (309,0 at 31/12/2012) +15,8% Funding 9.365,0 (7.676 at 31/12/2012) +22,0% GROUP KPIs 30/09/2013 30/09/2012 Credit quality cost 3,3% 2,2% Cost/income ratio 28,3% 30,5% Solvency 14,1% 11,9% Core Tier 1 14,3% 12,1% Book
Slide 3: Net Banking Income
NET BANKING INCOME (million Euro) Trade receivables sector Clients +6% Turnover 3.904 +8,5% 194,1 (167,6 at 30/09/2012) Focus on SMEs Trade 30/09/ 30/09/ +15,8% % change 30/09 2013 / 2012 receivables KPIs 2013 2012 Net Banking 2,2% 2,2% Income/Turnover Data 1H Trade Tax DRL G&S Receiv. Receiv. Break
Slide 4: Net Result of Financial Operations
NET RESULT OF FINANCIAL OPERATIONS (million Euro) Net provisions Equal to 34,6 VS 27,6 in the first 2013 nine months 159,6 (140,1 at 30/09/2012) +13,9% % change 30/09 2013 / 2012 Group KPI 30/09/2013 30/09/2012 Credit 9 months Trade Tax quality 3,3% 2,2% DRL G&S cost Data Receiv. receiv. 2012 54,4 1
Slide 5: Net Profit
NET PROFIT (million Euro) 67,1 (57,9 at 30/09/2012) Group KPI 30/09/ 30/09/ 2013 2012 +15,8% Var. % 30/09 2013/2012 Credit quality cost 3,3% 2,2% Cost/income ratio 28,3% 30,5% 194,1 34,6 54,9 Tax rate 35,9% 34,9% 37,5 67,1 NBI Provisions Operating costs Taxes NET PROFIT 5
Slide 6: Balance Sheet - Asset Structure
BALANCE SHEET - ASSET STRUCTURE (million Euro). % change 30/09/2013 Vs 31/12/2012 of which Loans to customers 1.779,3 Trade rec. Total assets 2.237,6 -2,4% Expired repos 139 mio 114,7 DLR 92,8 Tax rec. 9.848,9 Other Financial Assets (AFS + HTM + L&R) 4% 2% 6.991,1 +37,2% Portfolio of Italian governm
Slide 7: Credit Quality
CREDIT QUALITY (million Euro) % change 30/09/2013 Vs 31/12/2012 NPL Breakdown Loans to customers 2.237,6 51% 1% 48% 450 400 350 Trade recs NPL Tax recs 300 250 2013 200 2012 Substandard loan 150 breakdown 100 50 0 NPL Substandards Rescheduled Overdue Total 43% 57% % NPLs/ total loans % NPLs/ total t
Slide 8: Loans, NPLs and Substandards Trends - Trade receivables
LOANS, NPLs AND SUBSTANDARDS TRENDS - Trade receivables IMPIEGHI SOFFERENZE NETTE / IMPIEGHI INCAGLI NETTI / IMPIEGHI 12,00% 2.000.000 10,00% 1.500.000 8,00% 6,00% 1.000.000 4,00% 500.000 2,00% - 0,00% 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013* 8
Slide 9: Debt Securities Portfolio
DEBT SECURITIES PORTFOLIO (million Euro) % change 30/09/2013 Vs 31/12/2012 from over from over from over from over from over up to 6 months 3 to 1 year to 2 to 5 to Total 3 months to 6 months 2 years 5 years 10 years 1 year Total 31,9 992,2 2.118,1 672,5 3.045,1 143,8 7.003,5 % on total 0,4% 14,2% 3
Slide 10: Balance Sheet - Funding Structure
BALANCE SHEET - FUNDING STRUCTURE (million Euro) % change 30/09/2013 Vs 31/12/2012 rendimax on line deposit account Total funds 3.945,6 +29,5% and deposits 9.365,0 +22,0% Wholesale funding 528,0 due to banks -5,3% 57,2 42,1 Wholesale funding 4.834,0 +19,7% Repurchase agreements with underlying gover
Slide 11: Banca Ifis Group: Equity Breakdown
BANCA IFIS GROUP: EQUITY BREAKDOWN (million Euro) EQUITY: CHANGES Net equity at 31.12.2012 309,0 Increases: 78,4 Profit for the period 67,1 Sell of treasury shares 1,0 Valuation reserve: 10,3 - Available for sale assets 10,2 Decreases: (29,6) Dividends (19,5) Valuation reserve: (1,1) - Exchange diff