Habib Bank Limited · PSX:HBL
Habib Bank — Q1 2016 Earnings Presentation
11 slides from Habib Bank's earnings presentation, March 2016
Slide 1: Financial Results – Q1 2016
Financial Results – Q1 2016 Investor Presentation 0
Slide 2: Key Highlights
Key Highlights Consolidated PBT is down 9% YoY to Rs 13.9 Bn. PAT is Rs 9.0 Bn, down 9% YoY • PBT is down primarily due to exceptional capital gains of Rs 2.2 Bn in Q1’15. Excluding capital gains, PBT has increased by 3% and PAT by 4% over Q1’15 Net interest income has increased by 6% to Rs 20.2 Bn
Slide 3: Key Highlights
Key Highlights Administrative expenses are up 15% (Rs 1.6 Bn) YoY to Rs 12.1 Bn, but down 6% QoQ • The rise is primarily due to higher marketing expense, as a result of HBL’s sponsorship of the Pakistan Super League, increase in the branch network and certain timing differences • On a normalized bas
Slide 4: Key Highlights
Key Highlights In Mar’16, the Balance Sheet has remained flat to Dec’15 peak levels of Rs 2.2 trillion Deposits have reduced by 2% to Rs 1.59 trillion, due to 19% reduction in term deposits • Domestic current deposits have increased from Rs 470 Bn in Dec’15 to Rs 472 Bn in Mar’16, current account mi
Slide 5: Balance Sheet
Balance Sheet PKR Bln Dec'15 Mar'16 Var% Cash & Bank Balances 207.7 196.8 -5% Lending to Financial Institutions 18.4 11.5 -37% Investments 1,270.8 1,329.2 5% Performing Advances 629.8 578.6 -8% Non Performing advances - net of provision 7.6 9.0 19% Others 84.1 82.6 -2% Total Assets 2,218.4 2,207.8 0
Slide 6: Net Advances
Net Advances Loan portfolio composition by line of business International Advances – Location wise Others 13.6% International Corporate 25.8% 45.0% Mauritius 2.5% UAE 38.0% Bangladesh 3.9% Net loans: Bahrain Net loans: PKR588Bn 10.0% PKR152Bn Others 5.3% Oman 6.3% Consumer 5.4% Agriculture Singapore
Slide 7: Deposits
Deposits Growth in Period End Deposits Growth in Average Deposits PKR Bln Dec'15 Mar'16 Var% PKR Bln Q1'15 Q1'16 Var% Q4'15 Var% Current 469.7 472.0 0% Current 353.1 434.3 23% 412.4 5% Saving 701.0 697.6 0% Saving 638.1 702.8 10% 687.7 2% Term 196.5 144.2 -27% Term 226.2 165.5 -27% 183.0 -10% Domest
Slide 8: Income Statement
Income Statement Q1'16 Q1'15 PKR Bn Var% (Actual) (Actual) Interest Income 35.705 36.829 -3% Interest expensed (15.520) (17.749) 13% Net Interest Income 20.184 19.079 6% Capital Gain 0.364 2.233 -84% NFI Ex Capital Gain 6.168 5.524 12% Non Interest Income 6.532 7.757 -16% Gross Revenue 26.716 26.837
Slide 9: Non Fund Income
Non Fund Income Q1'16 Q1'15 PKR Mln Var% (Actual) (Actual) Fee, commission and brokerage income 4,281 3,412 25% Gain on sale of securities 364 2,233 -84% Share of profit of associates and joint venture 736 812 -9% Dividend income 390 390 0% Income from dealing in foreign currencies 389 705 -45% Othe
Slide 10: Key Ratios
Key Ratios Ratios Dec'15 Mar'16 Advances : Deposits 43.2% 41.0% Asset Quality 10.9% 12.0% Coverage 90.1% 88.5% Capital Adequacy 17.0% 17.0% Ratios Q1'15 Q1'16 Yield on advances 9.2% 7.9% Cost of deposits 3.8% 2.5% Net Interest Margin 4.0% 3.7% NCL ratio 0.3% 0.3% Return on average assets 2.1% 1.6% R
Slide 11: Non Branch Channels
Non Branch Channels 2,500 Number of ATMs ATM Transactions 1,983 2,000 1,947 Particulars Q1'15 Q1'16 Var % 1,582 No. of ATMs 1,706 1,983 16.2% No. of ATMs 1,500 821 832 1,283 543 1,000 350 No. of Transactions (in million) 11.76 16.51 40.4% 734 503 97 500 41 933 1,039 1,126 1,151 Total Cash withdrawal