Facts & Figures 09/2015

Transcription

1 1 Facts & Figures 09/2015

2 Agenda Regional Coverage Success in a still Challenging Time Highlights at 3 rd Quarter 2015 Financial Strength Business Model & Success Factors Your Benefits Your Contacts 2

3 Regional Coverage Regional Bank in the Heart of Europe Five Countries One Oberbank Global Scope Total Assets 18,3 bn 3

4 Five Countries One Oberbank! BAVARIA CZECH REPUBLIC DEUTSCHLAND GERMANY SLOVAKIA AUSTRIA HUNGARY 4

5 Regional Heart & Global Scope Established in 1869 in Linz, Upper Austria Branch Concept: 154 Branches in 5 European Countries today 97 branches in Austria 26 branches in Bavaria (Germany 1990*) 21 branches in the Czech Republic; (2004*) 7 branches in Hungary (2007*) 3 branches in Slovakia (2009*) *) founding year of the first foreign branch Global Scope through more than 1800 Correspondent Banks worldwide Further Expansion Forecast YE Branches 5

6 6 Milestones in the History of Oberbank

7 Success in a still Challenging Time Financial Crisis Environment remains challenging Oberbank performs better than the Market Security and Stability even in difficult Times 7

8 Results 2014 again better than Market Average * Funds between 2010 and 2014: (Amounts owed to customers + securitised liabilities) Oberbank: + 10,9 % Total Market: - 3,6 % Lendings between 2010 and 2014: (Loans and advances to customers) Oberbank: + 17,1 % Total Market: - 1,4 % Profit or Loss on Ordinary Activities % 138,72 % 120% 100% 100,00 % 80% 60% 40% 30,43 % 20% 8 0% -20% -40% Profit for the year after tax Oberbank Market *: consolidated results according to OeNB (Austrian National Bank)

9 9 Long-term successful Performance

10 Highlights at 3 rd Quarter 2015 Excellent Key Figures and Ratios High Liquidity Primary Funds exceed Loans and Advances to Customers by 755 mn Outstanding Profit Development and Capitalization Top 50 in Europe in Profitability and Core Capital Ratio 10

11 Highlights at 3 rd Quarter 2015 Solid Profit Development (compared to Q3 2014) Net Income (before tax) + 16 % to EUR mn Net Income (after tax) EUR mn ( %) Stable Value of Loans and Customer Funds under Management Loans at a level of EUR 12.7 bn (+3.7 %) Customer Funds under Management at a level of EUR 24.6 bn (+5.0%) Outstanding Capitalization Tier 1 Capital Ratio of % Total Capital Ratio of % Continued Expansion 154 Branches in total new Personal accounts in total (+1,4 %) 11

12 Earnings Development 3 rd Quarter 2015 Amounts in EUR mn Q Q / - Interest Result 283,5 262,6 7,9% Risk Provisions in Loan Business -33,7-53,5 37,0% Commission Result 99,7 87,7 13,7% Trading Result 9,4 3,1 202,5% Administrative Expenses -181,8-175,0-3,9% Other Operating Profit -30,5 1,4 >100% Profit for the Period before Tax 146,9 126,3 16,3% Income Taxes -20,7-18,9 9,2% Net Profit for the Period 125,9 107,4 17,2% 12

13 Consolidated-Balance Sheet/ Assets: Growth in Customer Receivables + 3,7 % Amounts in EUR mn Q YE / - Cash Reserves 225,1 147,0 53,1% Receivables from Credit Institutes 1.268, ,0-13,2% Receivables from Customers , ,2 3,7% Risk Provision -479,7-474,4 1,1% Trading Assets 50,9 56,6-10,2% Financial Assets 3.796, ,4 4,0% Intangible Non-Current Assets 1,4 1,6-9,2% Fixed Assets 252,1 254,6-1,0% Other Assets 428,4 401,8 6,6% Total Assets , ,9 2,8% 13

14 Consolidated-Balance Sheet/ Liabilities: Increase in Equity Amounts in EUR mn Q YE / - Payables to Credit Institutions 3.397, ,4 4,5% Payables to Customers , ,6 1,2% Liabilities evidenced by Paper 1.518, ,6-3,9% Provisions 406,1 383,0 6,0% Other Liabilities 373,6 316,8 17,9% Subordinated Debt 667,6 714,4-6,6% Equity 1.799, ,1 17,3% Total Liabilities , ,9 2,8% 14

15 Loan / Deposit-Ratio in EUR mn , , , , , , , , , ,0 87,79 % Loans 88,91 % 89,23 % 87,62 % Primary Funds incl. OeKB*, LfA, KfW, EIB 91,54 % 94,30 % Favourable Development of Loans M EUR to 12.7 bn EUR * OeKB=Austrian Export Credit Agency Excess of Deposits over Loans : 1,655.5 EUR m : 1.134,6 EUR m : 770 EUR m 15

16 Structure of the Primary Funds 3 rd Quarter 2015 in EUR mn , , ,1 744, , , ,9 675, , , , ,0 631,5 714,4 667,6 (- 6,56%) 1.592, , ,2 (- 3,95%) , , , , , ,2 (+ 1,17%) Q Savings-, Sight- and Time Deposits Securitised Debt Subordinated Debt Capital 16

17 Financial Strength Excellent Capital Ratios Low Risk Profile Oberbank Indicators outperform the Market 17

18 Excellent Indicators and Ratios in Oberbank-Group Oberbank Q Oberbank YE 2014 Oberbank YE 2013 RoE before Tax 11,77% 10,68% 10,31% RoE after Tax 10,11% 9,25% 8,91% Cost/Income-Ratio 50,21% 50,14% 52,11% Risk/Earning-Ratio 11,89% 20,92% 21,05% Equity-Ratio 16,41% 15,70% 17,00% Core Capital-Ratio 12,79% 11,61% 12,30% Loan/Deposit-Ratio 94,30% 91,54% 87,62% 18

19 Core- and Total Capital Ratio in % 18% 16% 14% 12% 10% 8% 6% 4% 2% 0% Core Capital Ratio Total Capital Ratio 19

20 Continous increase of book value/share 60,00 60,00 50,00 50,00 40,00 40,00 Rate 30,00 20,00 30,00 20,00 Book value/share 10,00 10,00 0,00 0, Years Book value/share Rate, in EUR 20 Source: Bloomberg (Chart data based on year-end rates), Bloomberg (book value/share based on years , ), Oberbank (book value/share based on years 2011, 2014) The displayed data contains historical information. Future trends can not be deduced from that information. 20 Oberbank

21 Long-term positive Performance 60,00 Year(s) Performance in % p.a. incl. Dividend 6,00 50, ,86 5,00 3 ( ) 3,16 40,00 5 ( ) 4,46 4,00 10 ( ) 8,02 Rate 30,00 20,00 3,00 2,00 Profit/share 10,00 1,00 0,00 0, Years Profit/Share Rate in EUR 21 Source: Bloomberg (Chart data based on year-end rates), Bloomberg (Profit/share based on years ), Oberbank (Profit/share based on 2014) The displayed data is historical information. Future trends can not be deduced out of that information. 21 Oberbank

22 Relativ development of the Oberbank Share Oberbank Raiffeisen Bank Erste Group 22 Source: Bloomberg, March 25th 2015 The displayed data is historical information. Future trends can not be deduced out of that information. 22 Oberbank

23 Non Performing Loans (NPL) Collateral and Provisions considerably higher than Risk Development of NPL in EUR mn H Loan Loss Provisions Collateralized NPL NPL gross NPL Coverage Ratio 126,09 % (Total balance of impairment provisions in relation to exposures with high probability of default) NPL- Ratio 2,01 % (NPL s net in relation to accounts receivable and debt instruments of financial investments) Key Data of NPL H NPL gross 3,68% 3,78% 3,76% NPL net 1,94% 1,90% 2,01% NPL Coverage Ratio 119,96% 122,38% 126,09% 23

24 Business Model & Success Factors Strong Values Panic Proof Business Model and Strategy Regional Bank Universal Bank Solid Shareholder Structure Tradition and Independence 24

25 Strong Values Oberbank s Success Independence Autonomy Regional Bank Universal Bank Highest Quality Risk Policy Organic Growth Cost Management Members of Staff Solid basis of lived values 25

26 Panic-Proof Business Model and Strategy Success Factor: Regional Bank Proximity to our Customers Principal Bank Function Prudent Risk Policy Organic Growth Success Factor: Universal Bank Corporate- and Retail Customers as stable, important Pillars Success Factor: Shareholder Structure Stable Shareholder Structure since many Years 26

27 Panic-Proof Business Model and Strategy Sustainably increased lending to business customers Strong Position as Bank of Industry and SMEs Exceptional Know-How and Market Shares above the Average Special Strengths: Export and Investment Financing, Cross-border Payments, Documentary and Guarantee Services, Trade Finance and Foreign Exchange Trading Approximately Personal Accounts Exceptional strong Funding Position Special Strengths: Housing Finance, Private Asset Management, Innovative Account Models 27

28 Crucial Success Factors Tradition and Independence More than 140 Years of Experience and Know-How No single Shareholder to be in a Position to assume direct or indirect Control Risk-aware Strategy, conservative Business Model Organic Growth in every Region Universal Bank Principle Outstanding Liquidity and Risk Positions Stable Capital Base 28

29 Oberbank Shareholder Structure by Voting Right: Syndicate in sum: 39,29% Generali 3 Banken Holding AG / 1,94% Bank für Tirol und Vorarlberg AG / 17,32% CABO Beteiligungsgesellschaft m.b.h. / 28,69% BKS Bank AG / 17,03% Staff shares/ 3,81% Free float / 26,27% Wüstenrot Wohnungswirtschaft reg. Gen.m.b.H / 4,94% 46,85% BKS Oberbank AG 1 19,44% Oberbank AG 1 14,55% Bank für Tirol und Vorarlberg AG 2 19,57% BKS Bank AG 2 14,95% Generali 3 Banken Holding AG 3 7,84% Wüstenrot Wohnungswirtschaft reg.gen.b.h. 3 2,59% Wüstenrot Wohnungswirtschaft reg.gen.b.h. 4 3,10% Generali 3 Banken Holding AG 4 15,44% UniCredit Bank Austria AG 5 6,74% CABO Beteiligungsgesellschaft m.b.h. 5 41,29% CABO Beteiligungsgesellschaft m.b.h. 6 26,81% Free float 6 10,78% Free float 7 16,13% BTV Privatstiftung 7 0,40% BKS-Belegschaftsbeteiligungsprivatstiftung 8 0,37% BTV 47,53% Stand:

30 Your Benefits and Advantages The Oberbank Your reliable Business Partner in the Heart of Europe for domestic and international Financial Services based on the Global Activities of its regional Customers Core Competence International Business Respectable Market Shares 30

31 Benefits Oberbank a reliable Partner with high Credit Standing Devoid of any unpleasant Surprises in Financial Figures for more than 140 Years Traditional Know-How and Accuracy in Cross-Border Payments, Trade Finance Services, Export and Investment Finance, FX Trading Refinancing Lines for its Bank Partners in the Money Market Bank to Bank Loans for supporting your Growth and Needs Expertise and Quality in all Segments of International Financial Services.and Advantages! 5 Countries one central Entry-Point Head Office Oberbank Linz for routing Transfers and Requests in International Business Core Competence Foreign Business in a highly industrialized Region Risk-aware and quick decision-making Process High Continuity in your Contact Persons Sustainability of the Business Model and its Success 31

32 Core Competence International Business Strongest Bank in Export Financing headquartered outside of Vienna! 11,86 % Market Share in Export Business 10,90 % Market Share regarding large corporate loans extended under the KRR Kontrollbank Credit Line Documentary Business (Letters of Credit, Collections, Foreign Guarantees) Year-End 2014 A study recently done by Schwabe, Ley & Greiner, one of Central Europe s leading Treasury Consultancy, confirmed our Competence: In documentary collections and foreign guarantees we are on Austria s second place in letters of credit business we hold the fourth position 32

33 Your Contacts Oberbank Untere Donaulaende 28, A-4020 Linz, AUSTRIA Internet: S.W.I.F.T.: OBKLAT2L; Reuters Dealing: OBKL Global Financial Markets Phone: Fax:

34 Directory of International Business (1/3) Global Financial Markets Management Mr. Helmut Edlbauer, General Manager Head of Global Financial Markets Ext. No.: 32630, Fax: +43/732/ Trading Sales Mr. Robert Musner Head Trading Sales, Senior Director Ext. No.: 32640, Fax: +43/732/ Trading Sales Mr. Günther Dratlehner Team Head Flow Trading Ext. No.: 32544, Fax: +43/732/ Financial Institutions Mr. Manfred Weissmann Head Financial Institutions, General Manager Ext. No.: 32500, Fax: +43/732/ Financial Institutions Ms. Gabriele Hartmann Team Head Financial Institutions Ext. No.: 32504, Fax: +43/732/ Trading Sales Mr. Thomas Katzlinger Team Head Financial Engineering Ext. No.: 32637,Fax: +43/732/

35 Directory of International Business (2/3) Payment Systems and Operations Management Fax: +43/732/ Mr. Konrad Rinnerberger, Senior Manager Ext. No Mr. Harald Klinger, Senior Manager Ext. No.: Payments Mr. Karl Reisinger, Senior Manager Ext. No.: 32380, Fax: +43/732/ Bank transfers and bank accounts Mr. Josef Brandner Ext. No.: 32358, Fax: +43/732/ Inquiries & Investigations Ms. Eva Gugler Ext. No.: 32555, Fax: +43/732/ Securities Administration and Settlement Mr. Werner Krüttner Ext. No.: 37275, Fax: +43/

36 Directory of International Business (3/3) Corporate & International Finance Leasing subsidiaries Management Mr. Peter Kottbauer, General Manager Ext. No.: Ms. Claudia Raml, Senior Director, Export & Trade Finance Ext. No.: 32515, Fax: +43/732/ Documentary Business Ms. Eva Maria Hauser, Team Head Documentary Business & International Guarantees Ext. No.: 32515, Fax: +43/732/ International Finance, Syndications Ms. Melitta Reisinger, Senior Manager Ext. No.: in Linz, Bratislava, Budapest, Budweis, Munich, Prague Mr. Hans Fein, General Manager Tel.: +43/732/ , Fax: +43/732 / Imprint Proprietor and Publisher Oberbank AG Untere Donaulände 28, 4020 Linz Phone: Telefax: Photos: OÖ Tourismus Marketing GmbH Freistädter Straße 119, 4041 Linz 36