Vtb · RUS:VTBR

Vtb — 9M 2015 Earnings Presentation

17 slides from Vtb's earnings presentation, Nov 17, 2015

  1. Slide 1: VTB Group 9M'2015 Results

    VTB Group 9M’2015 Results Herbert Moos CFO and Deputy Chairman of VTB Bank Management Board Dmitry Pyanov Senior Vice President, Head of Finance Department Leonid Vakeyev Managing Director, Head of Investor Relations November 17, 2015 1 © VTB 2015

  2. Slide 2: © VTB 2015

    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

  3. Slide 3: VTB Group 9M'2015 Highlights

    VTB Group 9M’2015 Highlights Key selected items (in RUB bn) 9M’2015 9M’2014 Change 3Q’2015 3Q’2014 Change Net interest income 202.5 268.2 -24.5% 88.4 92.2 -4.1% Net fee and commission income 54.0 44.8 20.5% 21.4 14.8 44.6% Other income 48.8 35.7 36.7% 17.5 23.3 -24.9% Operating income before provisi

  4. Slide 4: Interest Income and Average Yields

    Interest Income and Average Yields Interest income and average yields RUB bn 11.2% 11.0% 11.1% 11.1% 10.7% 10.5% Yield on customer 10.4% loans Yield on total interest 10.0% 10.0% 10.0% 9.7% 9.9% bearing assets 9.7% 9.7% +34% 809.9 8% +26% 605.5 6% Interest income on other interest bearing 272.5 262.

  5. Slide 5: Interest Expense and Cost of Funds

    Interest Expense and Cost of Funds Interest expense and cost of interest bearing liabilities RUB bn 10.5% Cost of other interest 8.9% 9.3% bearing liabilities (1) 8.6% 8.4% 7.7% 7.8% 7.0% 7.5% Cost of total interest 7.2% 6.3% 6.8% bearing liabilities 6.5% 5.5% 7.3% 4.9% Cost of customer 5.9% 6.6% 6.

  6. Slide 6: Net Interest Income and NIM

    Net Interest Income and NIM (1) Net interest income RUB bn -24% 268.2 -4% 202.5 92.2 86.1 88.4 67.7 46.4 3Q'14 4Q'14 1Q'15 2Q'15 3Q'15 9M'14 9M'15 Net interest margin % -1.8 ppt -1 ppt 4.3% 4.2% 3.5% 3.2% 2.5% 2.5% 1.7% 3Q'14 4Q'14 1Q'15 2Q'15 3Q'15 9M'14 9M'15 (1) Net interest income divided by ave

  7. Slide 7: Fee and Commission Income

    Fee and Commission Income Fee and commission income breakdown RUB bn +21% 70.2 Other fee and +44% commission income 12% 57.9 28.0 10% Commission on 9% operations with securities 23.6 11% 6% 17% 21.7 and on capital markets 19.5 20.5 16% 12% 18% 8% 7% 12% 12% Commission on 5% 15% 5% 6% 15% 17% 17% gua

  8. Slide 8: Provision Charge for Loan Impairment and Cost of Risk

    Provision Charge for Loan Impairment and Cost of Risk Provision charge for loan impairment and cost of risk RUB bn 5.1% 4.9% 4.4% 4.3% 4.6% 5.0% Loans to individuals 3.4% 4.1% 3.0% 2.9% 2.2% Cost of risk 3.0% 2.4% 1.9% 1.2% 2.3% 2.7% 2.3% 1.3% Loans to legal entities 1.4% 0.3% -18% -15% 157.4 97.9 1

  9. Slide 9: Loan Book Quality

    Loan Book Quality Provision for loan impairment RUB bn NPLs (90+) RUB bn 7.2% 7.6% 7.1% 6.3% 6.7% 6.4% 7.0% 6.8% 6.0% 5.8% +10% +21% +3% +8% 639 653 674 571 599 644 613 479 534 507 30-Sep-14 31-Dec-14 31-Mar-15 30-Jun-15 30-Sep-15 30-Sep-14 31-Dec-14 31-Mar-15 30-Jun-15 30-Sep-15 Allowance for loan

  10. Slide 10: Staff and Administrative Expenses

    Staff and Administrative Expenses Staff costs and administrative expense RUB bn 2.6% 2.3% 1.9% 2.2% 2.0% 1.9% 1.8% 56.6% Cost / Avg. assets 65.7% 46.3% 61.3% 41.4% 47.1% 37.9% Cost / Income ratio +7% +11% 161.3 172.9 Administrative 73.6 71.9 67.1 expenses 54.0 58.1 54.9 59.9 43.3 22.9 Staff costs (1

  11. Slide 11: Balance Sheet Structure and BIS Capital

    Balance Sheet Structure and BIS Capital Assets structure RUB bn Liabilities structure RUB bn BIS Group capital RUB bn +5% +3% 15.2% +9% 12.2% 12.0% 11.9% 12.4% +7% 12,792 12.9% 12,191 12,439 11,743 11,325 11,370 11.0% 5% 11,060 10.1% 6% 6% 10,656 9.8% 9.7% 10,135 6% 7% 10% 13% 8% 7% 6% 15% 10% 10% 5

  12. Slide 12: Assets and Liabilities by Currency

    Assets and Liabilities by Currency Total assets RUB bn Total liabilities RUB bn 12,792 12,191 11,060 11,370 37% 39% 39% 45% FX FX RUB RUB 63% 61% 61% 55% 31-Dec-14 30-Sep-15 31-Dec-14 30-Sep-15 Net loans and advances to customers RUB bn Customer deposits RUB bn 8,537 8,842 7,144 32% 31% FX 5,669 FX

  13. Slide 13: Loan Portfolio and Customer Deposits

    Loan Portfolio and Customer Deposits Loans and advances to customers RUB bn Customer deposits RUB bn +4% +11% +26% +18% 9,150 9,517 8,899 8,608 8,023 7,144 6,451 6,078 5,430 5,669 79% 79% 80% 64% 77% 78% 66% 62% 64% 62% 21% 21% 22% 20% 36% 38% 34% 38% 36% 23% 30-Sep-14 31-Dec-14 31-Mar-15 30-Jun-15

  14. Slide 14: Business with Legal Entities

    Business with Legal Entities Loans to legal entities RUB bn Deposits of legal entities RUB bn +5% +29% +13% +21% 7,594 7,205 6,997 6,720 6,185 4,551 4,227 3,520 3,774 3,482 25% 22% 22% 23% 25% 78% 77% 75% 78% 75% 30-Sep-14 31-Dec-14 31-Mar-15 30-Jun-15 30-Sep-15 30-Sep-14 31-Dec-14 31-Mar-15 30-Jun-

  15. Slide 15: Business with Individuals

    Business with Individuals Loans to individuals RUB bn Deposits of individuals RUB bn -1% +21% +2% +13% 2,594 1,945 1,901 1,888 1,922 2,224 2,305 1,838 2,149 15% 1,948 16% 16% 18% 46% 46% 45% 44% 17% 49% 6% 6% 6% 7% 85% 6% 7% 6% 6% 6% 7% 82% 84% 84% 83% 41% 42% 43% 43% 38% 30-Sep-14 31-Dec-14 31-Mar-

  16. Slide 16: 2015-2016 Management Expectations

    2015-2016 Management Expectations Macro and banking sector Indicator Measurement FY’2015 FY’2016 GDP, nominal % YoY -3.8 0.5 CPI inflation % YoY 12.5 7.0 Oil price (Urals), average USD/bbl 53 50 CBR key rate, average % 12.6 9.1 Loan growth - Loans to legal entities % YoY 9.8 5-10% - Loans to individ

  17. Slide 17: Investor Relations

    Investor Relations Tel: +7 (495) 775-71-39 e-mail: [email protected] 17 © VTB 2015

VTB — 9M 2015 Earnings Presentation on 6ix