Samba Bank Limited · PSX:SBL
Samba Bank — H1 2015 Earnings Presentation
21 slides from Samba Bank's earnings presentation, August 2015
Slide 1: Investor Briefing: Financial Performance, Half Year Ended June 2015
Samba Bank Limited Investor Briefing Financial Performance For the Half Year Ended June 2015
Slide 2: Disclaimer
Disclaimer THIS PRESENTATION IS BEING PRESENTED TO YOU SOLELY FOR YOUR INFORMATION AND MAY NOT BE REPRODUCED, REDISTRIBUTED OR PASSED ON, DIRECTLY OR INDIRECTLY, TO ANY OTHER PERSON OR PUBLISHED, IN WHOLE OR IN PART, FOR ANY PURPOSE. This presentation might contain certain “forward looking statement
Slide 3: Key Highlights
Key Highlights PBT up 100% to Rs. 384mn, PAT up 58% YoY to Rs. 198mn Net Interest Income increased by 26% to reach Rs. 1.02bn from 1HY14 • Overall Interest Earned increased by 28% YoY, to reach Rs. 2.6bn from Investments in Government Securities. • Cost of Deposits reduced by 144bps, to 5.4% in 1HY1
Slide 4: Milestone Achieved
Milestone Achieved • JCR-VIS has upgraded SBL long term Credit Rating from AA – (Double AA minus) to AA (Double AA). • “Master Debit Card” Re-carding for SBL Customers. • Acquired best selling & globally recognized Temenos T-24 System, for Core Banking. • Relocation of Primary Data Centre Khi, at PT
Slide 5: Statement of Financial Position
Statement of Financial Position Rs. in mn Jun - 2015 Dec - 2014 Var. % Var. Assets 62,282 50,581 11,701 + 23% Advances - Net 20,057 21,812 (1,755) -8% Investments - Net 33,801 19,953 13,848 + 69% Cash and Balances with Banks & 3,976 4,505 (529) -12% Lending to Financial Institutions Other Assets (in
Slide 6: Industry vs. SBL Deposits
Industry vs. SBL Deposits Rs. in bn 78% 117%
Slide 7: Concentration & Deposits Mix
Concentration & Deposits Mix Rs. in mn Chemical & Automobile & Pharmaceuticals transportation 6% equipment 3% Financial 3% Insurance 4% Electronic & transmission of energy Others 1% 25% June’15 Individuals 58% Deposit Mix Rs. in mn Jun-15 Dec-14 Amount % Amount % Current 6,827 21% 5,849 18% Saving 1
Slide 8: Industry vs. SBL Advances
Industry vs. SBL Advances Rs. in bn 31% 65 %
Slide 9: Concentration of Advances - Net
Concentration of Advances - Net Rs. in mn Tyres Engineering & Cables 4% Chemical & 3% Pharmaceuticals Communication 4% Cement 4% 2% Construction Dairy Product 10% 4% Sugar 5% Oil Refineries 5% Production & transmission of energy 15% Others June’15 17% Textile Individuals 21% 6% Jun-15 Dec-14 Corpora
Slide 10: Corporate Clients
CIBG Overview: Corporate Diversified client portfolio Clients Select Existing Clients Target Names
Slide 11: Investments - Net
Investments - Net Rs. in mn Jun - 2015 Dec - 2014 Var. % Var. Market Treasury Bills 3,386 1,478 1,908 + 129% Pakistan Investment Bonds 29,148 17,506 11,642 + 67% Ordinary shares and certificates - listed & Un-listed 481 212 270 + 128% Investments - Gross 33,015 19,195 13,820 + 72% Surplus on revalua
Slide 12: Income Statement
Income Statement Rs. in mn HY'15 HY'14 % Var. Q2'15 Q1'15 % Var. Interest Earned 2,641 2,059 + 28% 1,296 1,345 -4% Interest Expensed (1,621) (1,247) - 30% (771) (850) + 9% Net Interest Income 1,020 812 + 26% 525 495 + 6% Non Interest Income 375 98 + 283% 249 126 + 98% Total Revenue 1,395 910 + 53% 7
Slide 13: Net Interest Income
Net Interest Income Rs. in mn 550 529 525 500 450 400 350 300 T 1 T T r T T T T Q113) Q213. Q3'13. — Q413-— Q1'14. 214. 314. Q4'14. Q1'15 215 samba (8) Loliu
Slide 14: Non-Funded Income
Non-Funded Income Rs. in mn HY'15 HY'14 % Var. Q2'15 Q1'15 % Var. Fee, Commission and Brokerage income 52 56 -7% 26 25 + 4% Dividend income 8 - NA 5 4 + 25% Income from dealing in Foreign Currencies 23 17 + 35% 9 14 -36% Gain / (loss) on sale of securities 288 21 + 1271% 205 83 + 147% Other Income 4
Slide 15: Revenues
Revenues Rs. in mn 900 800 700 600 500 400 300 T T T Q1'13 Q2'13 Q3'13 Q4'13 Q1'14 Q214.—_ Q3'14 Q414.— Q115 Q2'15 samba (8) Loliu
Slide 16: Profit Before Tax & Profit After Tax
Profit Before Tax & Profit After Tax Rs. in mn
Slide 17: Last 5 Year's Profitability
Last 5 Year’s Profitability Rs. in mn
Slide 18: Last 5 Year's Profitability
Last 5 Year’s Profitability Rs. in mn
Slide 19: Financial Ratios
Financial Ratios 2011 2012 2013 2014 Q1'15 Q2'15 Capital Adequacy Ratio 43.4% 43.9% 46.7% 37.1% 32.8% 32.9% Return on equity (RoE) 2.9% 3.6% 0.9% 2.1% 3.3% 3.4% Return on assets (RoA) 0.8% 0.9% 0.2% 0.9% 0.6% 0.6% Profit before tax to revenue ratio 12.9% 11.0% 5.3% 20.9% 29.0% 27.5% Advances to depo
Slide 20: SBL's Share Price & KSE 100 Index
SBL’s Share Price & KSE 100 Index 47%
Slide 21: samba (8) Lioliu
samba (8) Lioliu