Growth and Diversification of Asset Base slide image

Growth and Diversification of Asset Base

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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