Vtb · RUS:VTBR

Vtb — 9M 2014 Earnings Presentation

16 slides from Vtb's earnings presentation, Nov 20, 2014

  1. Slide 1: VTB Group 9M'2014 Results

    VTB Group 9M’2014 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 1 November 20, 2014 © VTB 2011

  2. 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

  3. Slide 3: VTB Group 9M'2014 Highlights

    VTB Group 9M’2014 Highlights Key selected items (in RUB bn) 9M’14 9M’13 Change 3Q’14 3Q’13 Change Net interest income 268.2 233.2 15.0% 91.0 82.9 9.8% Net fee and commission income 44.8 38.9 15.2% 16.0 13.3 20.3% Operating income before provisions 351.3 281.3 24.9% 131.2 97.3 34.8% Provision charge

  4. Slide 4: Interest Income and Average Yields

    Interest Income and Average Yields Interest income and average yields RUB bn 10.8% 10.7% 10.6% 10.8% 10.5% 10.4% 10.4% Yield on customer loans 9.7% 9.9% 9.6% 9.7% Yield on total interest 9.5% 9.5% 9.6% +21% bearing assets +23% 605.5 500.7 6% 200.1 217.2 7% Interest income on 176.1 185.6 188.2 5% oth

  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 7.1% 6.4% 6.2% Cost of other interest 5.8% 5.5% bearing liabilities (1) 5.5% 5.5% 5.5% 5.4% 5.9% 5.0% 5.2% Cost of total interest 5.2% 5.2% 5.0% 4.8% bearing liabilities 5.0% 5.0% 4.9% 5.0% 4.5% +26%

  6. Slide 6: Net Interest Income and NIM

    Net Interest Income and NIM Net interest income RUB bn +15% +10% 268.2 233.2 89.8 89.9 87.3 91.0 82.9 3Q'13 4Q'13 1Q'14 2Q'14 3Q'14 9M'13 9M'14 Net interest margin (1) % -40 bp -10 bp 4.5% 4.7% 4.5% 4.2% 4.1% 4.4% 4.3% 3Q'13 4Q'13 1Q'14 2Q'14 3Q'14 9M'13 9M'14 (1) Net interest income divided by aver

  7. Slide 7: Solid Fee and Commission Income Growth

    Solid Fee and Commission Income Growth Fee and commission income breakdown RUB bn +16% +21% 57.9 Other fee and 8% commission income 49.8 7% Commission on 20.5 20.7 6% 18.4 18.8 10% 16% operations with securities 7% 13% 17.1 and on capital markets 8% 5% 4% 16% 6% 5% 15% 10% 9% Commission on 16% 16% 1

  8. Slide 8: Cost of Risk Reflects Macroeconomic Environment

    Cost of Risk Reflects Macroeconomic Environment Provision charge for loan impairment and cost of risk RUB bn 5.5% 5.1% 5.0% 4.4% 3.6% Loans to Individuals 3.2% 3.4% 2.9% 2.8% 2.5% 2.3% Cost of risk 1.7% 1.9% 1.5% 3.0% 1.2% Loans to legal entities 1.5% 1.9% 1.7% 0.9% 1.3% +116% +192% 157.4 64.9 Provi

  9. Slide 9: Loan Book Quality

    Loan Book Quality Provision for loan impairment NPLs (90+) RUB bn RUB bn 6.2% 5.5% 5.9% 5.9% 6.3% 5.8% 5.9% 6.0% 5.4% 4.7% +40% +53% +14% +9% 443 507 389 361 412 440 479 408 337 313 30-Sep-13 31-Dec-13 31-Mar-14 30-Jun-14 30-Sep-14 30-Sep-13 31-Dec-13 31-Mar-14 30-Jun-14 30-Sep-14 Allowance for loan

  10. Slide 10: Staff and Administrative Expenses

    Staff and Administrative Expenses Staff costs and administrative expenses RUB bn 2.9% 2.5% 2.3% 2.2% 2.5% 2.3% 2.3% 53.0% Cost / Assets 53.3% 50.4% 48.7% 46.7% 41.7% 41.8% Cost / Income ratio +10% +6% 163.9 61.7 149.2 56.2 54.9 51.9 52.8 69.7 64.4 Administrative 27.7 24.0 23.9 21.1 24.6 expenses 84.

  11. Slide 11: Balance Sheet Structure and BIS Capital

    Balance Sheet Structure and BIS Capital Assets structure Liabilities structure BIS Group capital RUB bn RUB bn RUB bn +16% +15% +4% +2% 14.9% 14.7% 10,135 14.1% 9,755 9,004 14.0% 9,402 5% 8,821 8,769 7% 8,450 12.8% 8,487 7% 11% 12.2% 8% 7,821 13% 5% 7% 7,592 5% 14% 10.8% 10.9% 9% 3% 10.3% 10.3% 8% 3

  12. Slide 12: Financial Instruments

    Financial Instruments Breakdown by type Breakdown by classification RUB bn RUB bn +8% +8% +8% +8% 846 846 782 777 782 777 720 15% 719 720 719 11% 27% 11% 10% 14% 21% 22% 18% 11% 19% 18% 9% 10% 9% 23% 27% 31% 24% 32% 78% 76% 80% 76% 70% 57% 50% 55% 48% 50% 30-Sep-13 31-Dec-13 31-Mar-14 30-Jun-14 30-S

  13. Slide 13: Loan Portfolio and Customer Deposits

    Loan Portfolio and Customer Deposits Loans and advances to customers Customer deposits RUB bn RUB bn Legal entities Individuals Legal entities Individuals +21% +23% +7% +6% 8,023 6,990 7,466 6,277 6,621 4,929 5,020 5,321 4,324 4,341 77% 77% 77% 77% 77% 63% 59% 62% 63% 61% 23% 23% 23% 23% 23% 39% 41%

  14. Slide 14: Performance of Corporate Banking

    Performance of Corporate Banking Loans to legal entities Deposits of legal entities RUB bn RUB bn Current/ settlement deposits Term deposits +21% +32% +8% +7% 5,748 6,185 5,100 5,380 4,860 3,373 3,066 3,154 2,658 2,548 23% 31% 27% 27% 34% 73% 77% 73% 69% 66% 30-Sep-13 31-Dec-13 31-Mar-14 30-Jun-14 3

  15. Slide 15: Performance of Retail Banking

    Performance of Retail Banking Loans to individuals Deposits of individuals RUB bn RUB bn +21% +9% +7% +4% 1,948 1,838 1,862 1,866 1,793 1,718 1,666 17% 1,610 18% 19% 1,417 1,521 19% 17% 49% 49% 50% 50% 57% 6% 6% 6% 83% 6% 8% 7% 81% 82% 81% 8% 8% 83% 9% 37% 38% 34% 36% 36% 30-Sep-13 31-Dec-13 31-Mar-

  16. Slide 16: Investor Relations

    Investor Relations Tel: +7 (495) 775-71-39 e-mail: [email protected] 16 © VTB 2014

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