Vtb · RUS:VTBR
Vtb — Q1 2013 Earnings Presentation
12 slides from Vtb's earnings presentation, Jul 2, 2013
Slide 1: VTB Group 1Q'2013 Results
VTB Group 1Q’2013 Results Herbert Moos CFO, Deputy Chairman of the Management Board Jyrki Talvitie SVP, Head of Investor Relations July 2, 2013 1 © VTB 2011
Slide 2: Forward-looking statements disclaimer
Some of the information in this presentation may contain projections or other forward-looking statements regarding future events or the future financial performance of JSC VTB Bank ("VTB") and its subsidiaries (together with VTB, the "Group"). Such forward-looking statements are based on numerous as
Slide 3: VTB Group 1Q'2013 Financial Highlights
VTB Group 1Q’2013 Financial Highlights ■ Net profit RUB 15.7 bn, corresponding to 8.1% ROE ■ Strong net interest income of RUB 73.8 bn, up 37% y-o-y ■ Stable net interest margin at 4.5% ■ Solid net fee and commission income of RUB 11.5 bn, up 12% y-o-y ■ Cost of risk 1.6% vs. 1.1% in 4Q’12 and 1.7%
Slide 4: Performance of Corporate Banking
Performance of Corporate Banking Corporate loan portfolio Corporate liabilities Term deposits Current accounts +11% +3% +3% 4,100 -2% 3,965 3,690 3,696 3,752 2,143 2,123 2,191 2,239 2,199 740 676 760 920 759 (RUB bn) (RUB bn) 1,403 1,448 1,430 1,318 1,440 31-Mar-12 30-Jun-12 30-Sep-12 31-Dec-12 31-M
Slide 5: Retail Banking
Retail Banking Retail loan portfolio Retail deposits share in 41% share in 36% 38% 38% 39% 20% 21% 22% 23% total loan customer 19% book deposits 1Q'12 2Q'12 3Q'12 4Q'12 1Q'13 1Q'12 2Q'12 3Q'12 4Q'12 1Q'13 +28% +39% +7% +7% 1,434 1,529 1,315 1,331 Current 1,193 270 1,120 1,190 307 accounts 1,027 Cash
Slide 6: VTB Group 1Q'2013 Segment Analysis
VTB Group 1Q’2013 Segment Analysis Corporate – Investment Banking 1Q’2012 1Q’2013 Segment result (profit before tax) -21% 52.9 +38% 41.7 -50% 29.0 21.0 +4% 21.7 20.6 (RUB bn) 10.2 5.5 5.7 4.7 3.5 3.5 Net interest Net fee and Net result from Treasury result Operating income 1Q’2012 1Q’2013 income com
Slide 7: Financial Update
Financial Update ВТБ Страхование
Slide 8: Strong Core Banking Income Supported by Stable NIM
Strong Core Banking Income Supported by Stable NIM Operating income before provisions (1) and Net interest margin (2) 4.6% 4.5% 4.1% 4.1% Net interest margin 3.8% Net fee and commission income 110.4 95.4 96.8 14.1 92.9 Net interest income 10.3 12.4 before provisions 66.9 11.5 11.5 Net result from fi
Slide 9: Staff and Administrative Expenses
Staff and Administrative Expenses Staff costs and administrative expenses 66.7% 49.4% 51.4% 53.0% 45.4% 56.7 49.2 Cost / Income ratio 47.8 (RUB bn) 42.5 44.6 21.9 29.9 20.3 19.8 20.4 Administrative expenses 22.7 24.2 25.9 26.8 28.9 Staff costs (1) 1Q'12 2Q'12 3Q'12 4Q'12 1Q'13 2.6% 2.7% 2.7% 3.1% 2.
Slide 10: Asset Quality
Asset Quality Сost of risk 1.7% 1.6% 1.0% 1.0% 1.1% Provision charge for loan impairment / Average gross 22.0 20.4 loan portfolio 14.4 11.9 12.7 Provision charge for (RUB bn) impairment of debt financial assets 1Q'12 2Q'12 3Q'12 4Q'12 1Q'13 NPL and loan-loss reserves NPL coverage ratio 6.6% 6.8% 6.6
Slide 11: Balance Sheet Structure
Balance Sheet Structure Assets structure Customer loans / customer deposits 7,416 7,603 7,185 9% 6,858 9% 6,451 9% 6% Cash and mandatory 13% 13% 6% reserves 15% 15% 12% 5% 3% 132.7% 4% Securities 129.6% 6% 6% portfolio (1) 127.6% 125.9% 126.7% Due from other banks 64% 65% 63% 62% Loans to customers
Slide 12: Investor Relations
Investor Relations Tel: +7 (495) 775-71-39 e-mail: [email protected] 12 © VTB 2013