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Investor Presentaiton

Income Statement, Capital Bank Consolidated All values in USD thousands 2015 2016 2017 2018 2019 CAGR June 2019 June 2020 Growth Interest Income/ Lending 141,487 135,170 134,527 147,807 161,814 3.4% 76,108 Commission Income/ Transaction 24,721 36,004 47,687 34,188 37,877 11.3% 20,199 Markets & Investment Banking 3,754 17,426 14,506 8,119 19,352 50.7% 6,371 Total Revenues 169,961 188,601 196,719 190,114 219,042 6.5% 102,677 86,380 17,468 -13.5% 9,159 113,008 13.5% 43.8% 10.1% Cost of Fund (63,382) (55,762) (66,050) (76,805) (86,939) 8.2% Gross Operating Income 106,580 132,839 130,669 113,309 132,103 5.5% (40,627) 62,050 (43,883) 8.0% 69,125 11.4% Operating Expenses, Staff (25,563) (29,599) (33,036) (32,466) (33,135) 6.7% (14,988) Operating Expenses, Other (36,110) (33,969) (31,362) (31,960) (36,574) 0.3% (14,661) (14,897) (15,340) 4.6% -0.6% Net Operating Income 44,906 69,272 66,271 48,883 62,394 8.6% 32,401 38,889 20.0% Provisions & Non-Recurring (29,310) (31,063) (22,008) 3,866 (10,026) (2,698) (14,060) Income Tax (14,089) (15,451) (5,742) (9,945) (11,724) (6,394) (5,045) Net Income 1,508 22,759 38,521 42,804 40,644 127.9% 23,309 19,784 -15.1% Net Interest Margin 3.9% 3.8% 3.4% 3.6% 3.6% 3.3% 3.5% Efficiency Ratio (Ex. Dep.) 52.8% 43.1% 44.3% 50.6% 46.3% 42.1% 37.9% ROE EPS Dividend Ratio/Payout Ratio Market Capitalization 0.32% 4.90% 8.00% 8.84% 8.42% 9.86% 9.38% 0.035 0.087 0% / NA 282,087 5% / 81% 234,133 0.172 10% / 82% 222,849 0.217 0.178 0.104 0.080 ** 10% / 65% 259,520 10%/80% NA NA 282,087 273,625 234,133 21 *ROE figure covering YTD June 2020 performance excludes COVID-19 related provisions for the period. ** Dividends for 2019 announced, however postponed due to Central Bank of Jordan's instructions to all Banks following the onset of COVID-19.
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