Mcb Bank Limited · PSX:MCB
Mcb Bank — Q3 2006 Earnings Presentation
15 slides from Mcb Bank's earnings presentation, November 2006
Slide 1: MCB Bank Ltd 3Q 2006 Results Analysts Presentation
MCB Bank Ltd 3Q 2006 Results Analysts Analysts Presentation Presentation HK000LN4_SCN_0906
Slide 2: Overview of MCB Bank
Overview of MCB Bank Snapshot Organizational Structure Headquarters: Karachi, Pakistan Banking Operations Wholesale Founded: 1947 Retail Network: 125 cities, 978 branches, 262 ATM Treasury and Capital Markets PKR mm US$ mm Wholly Owned Subsidiaries Total Assets: 318,949 5,316 100% MCB Asset Manageme
Slide 3: MCB Strategies
MCB Strategies Develop “Universal Financial Services” Model Maintain Industry Leading Position MCB as Efficiencies and “Bank of Convenience” Productivity “To become the preferred provider of quality financial services in Pakistan with profitability and responsibility and to be the best place to work
Slide 4: Financial Highlights – Income Statement
Financial Highlights – Income Statement 2003 2004 2005 9 mnths’06 ’03-’05 CAGR PKR mm Net Interest Income (1) 7,248 7,028 14,976 15,525 43.7% 7.1% Non Interest Income 4,692 4,234 5,382 3,607 Operating Revenue 11,940 11,262 20,358 19,132 30.6% (7.2%) Operating Expense 7,623 7,434 6,563 5,767 Pre-Prov
Slide 5: Financial Highlights – Balance Sheet
Financial Highlights – Balance Sheet PKR mm 2003 2004 2005 9 mnths ‘06 ’03-’05 CAGR Cash and Balances with (0.8%) Treasury Banks 24,054 23,833 23,666 29,822 Investments – Net (25.9%) 128,219 67,242 70,357 66,324 Loans and Advances – Net 97,200 137,318 180,323 183,582 36.2% Total Assets 272,309 259,2
Slide 6: New Initiatives: Consumer Products
New Initiatives: Consumer Products Personal Loan Re-launched May-2006. Credit Card Soft-launch completed successfully. Official Launch expected soon. Asset portfolio stands at PKR 17 Billion an increase of 70% over 2005 in just nine months. Total asset customers stand at 35K which is up by 1
Slide 7: New Initiatives: MCB AMC
New Initiatives: MCB AMC ¾ MCB Asset Management Company to launch it’s products next month. ¾ All licenses obtained, now waiting for the final regulatory approval. ¾ The physical infrastructure and core team are already in place. ¾ The Bank has injected PKR 300 million capital in the company and has
Slide 8: 3Q 06 Results: Sustained Accelerated Growth
3Q 06 Results: Sustained Accelerated Growth Assets (PKR mm) Loans & Advances (PKR mm) % : 4.9 C AGR 6.2% ’05 GR: 3 180,323 183,582 ’03 – 299,708 318,949 ’05 C A 272,309 ’03 – 259,274 137,318 97,200 2003 2004 2005 9 mnths 2006 2003 2004 2005 9 mnths 2006 Customer Deposits (PKR mm) Equity*(PKR mm) :4
Slide 9: 3Q 06: Profitability Indicators Strengthen
3Q 06: Profitability Indicators Strengthen Net Interest Income(1) (PKR mm) Fee Income (PKR mm) % 43.7% 15,525 GR : 47.7 C AGR: 14,976 3 – ’05 CA 2,453 ’05 ’0 ’03 – 1,992 1,689 7,248 7,028 1,125 2003 2004 2005 9 mnths 2006 2003 2004 2005 9 mnths 2006 Pre-Provision Operating Profit (PKR mm) Net Profit
Slide 10: 3Q 06: Funding & Operating Efficiencies Improve
3Q 06: Funding & Operating Efficiencies Improve Share of Low Cost Deposits(1) Net Interest Margin Cost to Income Ratio 92.6% 93.0% 8.3% 67.3% 66.0% 88.6% 88.4% 6.5% 4.7% 3.8% 33.6% 30.7% 2003 2004 2005 9 mnths 2003 2004 2005 9 mnths 2003 2004 2005 9 mnths 2006 2006 2006 High Proportion of Low operat
Slide 11: Strategic Asset Allocation Underpins High Returns
Strategic Asset Allocation Underpins High Returns Superior Investment Portfolio (2005)1 Increasing Profitability 3.85% 49.1% 35.3% 64.82% 18.0% 24.4% 3.19% 14.4% 0.87% 0.96% 52.01% MCB Bank United Bank National Allied Bank Habib Bank Bank of Pakistan % of Government Securities(2) High Yield Growing
Slide 12: Concentration of Advances
Concentration of Advances Chemical, 3.29% Agribusiness, 0.62% Mining &Quarrying, 0.20% Textile, 13.78% Others, 25.07% Cement, 3.81% Sugar, 4.34% Shoes & Leather Garments, 0.64% Individuals, 8.90% Auto & Transport Equipment, 0.40% Financial Institutions, 6.84% Services, 2.37% Insurance, 0.33% Electro
Slide 13: Healthy Asset Quality
Healthy Asset Quality Low Gross NPL Ratio Superior Coverage Ratio 10.58% 93.10% 96.72% 75.73% 61.92% 6.14% 4.46% 4.25% 2003 2004 2005 9 mnths 2006 2003 2004 2005 9 mnths 2006 Healthy Loan Book Adequately Covered against NPLs 13 HK000LN4_SCN_0906
Slide 14: USD/GDR
HK000LN4_SCN_0906 USD/GDR 15 15.5 16 16.5 17 17.5 18 18.5 19 10/11 30,500 1,500 20,000 30,000 2,500 10/18 57,800 145,550 4,592 3,485 10/25 1,380 127,040 5,060 11/1 92,000 107,570 GDR Price/Trade Volume 74,702 30 11/8 50,000 200 11/15 20,000 6,900 51,286 11/22 150 3,200 Reg S Price 144 A Volumes Reg
Slide 15: For queries, please contact: Zartaj Raza Investor Relations
For queries, please contact: Zartaj Raza Investor Relations MCB Bank Ltd E-mail: [email protected] Direct# 92 21 221 5003 Cell: 92 300 2375760 15 HK000LN4_SCN_0906