KASIKORNBANK Strategic Acquisition slide image

KASIKORNBANK Strategic Acquisition

K KASIKORNTHAI 1Q22 Financial Performance ธนาคารกสิกรไทย 开泰银行 KASIKORNBANK Consolidated NIM 2021 Actual 1Q22 Actual Y2022 Targets Notes 3.21% 3.19% 3.15-3.30% 1Q22 NIM increased YoY, mainly due to higher yield on loans and lower cost of funds 1.51% YTD Loan Growth 7.88% 6-8% 6.77% YoY Net Fee Income 7.01% -6.36% YoY Growth* Cost to Income 43.49% 42.82% Ratio** Credit Cost per year 173 bps 153 bps (bps) NPL Ratio (Gross)*** 3.76% 3.78% ROE**** ROA 8.44% 0.98% 9.30% 1.09% 1Q22 YTD loans grew mainly from corporate business. 1Q22 Net fee income decreased from relatively large base Flat growth in 1Q21; mainly from fund management business inline with market condition. 1Q22 Cost to income increased YoY from higher Low to operating expenses (mainly from IT and Marketing), though net total income increased. Focus on cost Mid-40s management and productivity improvement, with new investments for future growth. Credit Cost: Inline with target. Continuous prudent Up to 160 bps consideration on factors amid the economic growth that remains uncertain from COVID-19 situation and global economic outlook. Asset quality is manageable with closely monitored and constantly reviewed. Relief measures help limit short-term impact on asset quality, while focusing more on comprehensive debt restructuring. 3.7-4.0% N/A N/A Note: *Net Fee Income = Fees and Service Income - Fees and Service Expense; ** Cost to Income Ratio = Total Other Operating Expenses to Total Operating Income - net (Total Operating income less Underwriting Expenses); *** NPL Ratio (Gross) = NPL (gross) to total loans; NPL (gross) used in the calculation are loans to general customers and loans to financial institutions that are non-performing loans; total loans used in the calculation are loans to general customers and loans to financial institutions **** ROE = Net profit deducted Additional Tier 1 dividend after tax/Average total equity excluded Additional Tier 1 บริการทุกระดับประทับใจ 7 K KASIKORNTHAI Y2022 Financial Targets ธนาคารกสิกรไทย 开泰银行 KASIKORNBANK NIM Consolidated Loan Growth 2021 Actual 2022 Targets 3.21% 3.15 -3.30% 7.88% 6-8% Net Fee Income Growth* 7.01% Cost to Income Ratio** 43.49% Credit Cost per year (bps) 173 bps NPL Ratio (Gross)*** 3.76% ROE**** ROA 8.44% 0.98% Flat growth Low to Mid-40s Notes (Y2022) Maintain NIM from small ticket size lending strategy; remain cautious with COVID19 situation; stable interest rate outlook Loans increase from small ticket size (retail and SME) lending, using effective data analytics capability; ongoing regional expansion strategy Net fee income growth may decrease from lower conventional transaction fees mainly caused by changing consumer behavior; relatively large net fee income base in the year before; subject to market condition Moderate revenue growth due to a mild economic recovery while projecting higher potential investment expenses for future growth; continuing cost management and productivity improvements Credit Cost: Prudent policy, maintain conservative assumptions Up to 160 bps on COVID19 situation; credit cost remains stable 3.7-4.0% N/A N/A NPL: Proactive asset quality management, utilizing effective data analytics to monitor asset quality; asset quality will slowly recover, in line with mild economic recovery Note: *Net Fee Income Fees and Service Income - Fees and Service Expense; ** Cost to Income Ratio = Total Other Operating Expenses to Total Operating Income - net (Total Operating income less Underwriting Expenses); *** NPL Ratio (Gross) = NPL (gross) to total loans; NPL (gross) used in the calculation are loans to general customers and loans to financial institutions that are non-performing loans; total loans used in the calculation are loans to general customers and loans to financial institutions **** ROE = Net profit deducted Additional Tier 1 dividend after tax/Average total equity excluded Additional Tier 1 บริการทุกระดับประทับใจ 8
View entire presentation