Capital Bank Performance & Strategic Growth slide image

Capital Bank Performance & Strategic Growth

Income Statement, Capital Bank Consolidated 2015 2016 2017 2018 2019 2020 CAGR (2015-20) All values in USD thousands Q1 2020 Q1 2021 Growth Interest Income/Lending Commission Income/ Transaction 141,487 135,170 134,527 147,807 161,814 183,760 5.4% 41,670 50,131 20% 24,721 36,004 47,687 34,188 37,877 38,945 9.5% 8,131 9,325 15% Markets & Investment Banking 3,754 17,426 14,506 8,119 19,352 24,227 45.2% 3,287 1,533 -53% Total Revenues 169,961 188,601 196,719 190,114 219,042 246,932 7.8% 53,089 60,989 15% Cost of Fund (63,382) (55,762) Interest In Suspense (42,619) (49,197) Gross Operating Income 106,580 132,839 130,669 (66,050) (76,805) (86,939) (90,852) (20,769) (23,625) (25,297) (33,058) 113,309 132,103 156,080 7.5% (22,670) (23,821) -5.0% (47,606) (51,916) -9% 7.9% 30,419 37,168 22% Operating Expenses, Staff (25,563) (29,599) (33,036) Operating Expenses, Other (36,110) (33,969) Net Operating Income 44,906 69,272 (31,362) 66,271 (32,466) (33,135) (30,336) (31,960) (36,574) 48,883 62,394 3.5% (8,406) (8,940) ཚོསྶོ ཚོ ; (37,478) 88,266 0.7% (6,841) (7,331) 7% 14.5% 15,172 20,896 38% Impact as a result of acquisition 32,660 Acquisition Expenses (3,810) Provisions & Non-Recurring (29,310) Income Tax (14,089) (31,063) (22,008) (15,451) (5,742) Net Income 1,508 22,759 38,521 3,866 (9,945) 42,804 (10,026) (34,659) (11,724) (10,868) 40,644 42,739 (4,367) (4,691) (2,225) (3,015) 95.2% 8,580 42,040 390% Net Interest Margin 3.8% 3.7% 3.2% Efficiency Ratio (Ex. Dep.) 52.8% 43.1% 44.3% 3.2% 50.6% 3.2% 46.3% 3.3% 3.13% 3.22% 37.7% 43.51% 37.91% ROE 0.32% 4.90% 8.00% 8.84% 8.42% 8.62% EPS 0.035 0.087 Dividend Ratio/ Payout Ratio 6%/240% Market Capitalization P/E Ratio 282,087 40.0 5%/81% 234,133 13.4 0.172 10%/82% 0.217 0.178 0.042 7.02% 0.035 32.22% 0.207 * 10%/65% 10%/80% 12%/92% 222,849 6.5 259,520 6.0 282,087 7.97 265,162 31.3 262,341 372,355 37.2 9.0 *Dividends for 2019 announced, however postponed due to Central Bank of Jordan's instructions to all Banks following the onset of COVID-19. Efficiency Ratio for Q1 2021 excludes impact of Audi acquisition. ** 25 25
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