1 Presentation to the financial community Key economic figures as of September 30, Business Plan Rome, Italy Palazzo Altieri November 30, 2011
2 Agenda. Business dynamics Revenues and AUM Arturo Nattino, CEO Key economic figures as of September 30, 2011 Gian Franco Traverso Guicciardi, Head of Investor Relations Business Plan Andrea Crovetto, General Manager 2.
3 Agenda. Business dynamics Revenues and AUM Key economic figures as of September 30, Business Plan 3.
4 Classification of revenues ( 000). 7.8% Dividends 9.5% Trading activities on own account 15.3% Interest margin and other income 67.4% Net commissions 9M2010 9M2011 VAR % Interest margin and other income % Net commission Dividends % Trading activities on own account % 4.
5 Total AUM ( 000) ,980,360 9,096,083 8,536,655 9,394,209 9,504,631 8,662, CAGR= -0.7% Dec 2006 Dec 2007 Dec 2008 Dec 2009 Dec 2010 Sept
6 Total AUM breakdown ( 000) % AUM (13.4%) 26.2% Real Estate (23.6%) 53.15% Securities and trust investments (51.8%) 8.7% SICAV (11.2%) AUM breakdown 9M2010 9M2011 VAR % Administered and trust accounts 4,929,644 4,604, % *Discretionary managed portfolios 1,281,600 1,034, % Sicav 1,067, , % Real Estate funds 2,245,489 2,272, % * Including AUM mandates from third parties 6.
7 Discretionary management accounts growth trend* ( 000) ,234,493 1,356,098 1,062,299 1,390,653 1,300,244 1,034,496 CAGR= -3.5% Dec 2006 Dec 2007 Dec 2008 Dec 2009 Dec 2010 Sept 2011 * Including AUM mandates from third parties 7.
8 Sicav growth trend ( 000) CAGR= 17.6% 1,082, , , , , ,980 0 Dec 2006 Dec 2007 Dec 2008 Dec 2009 Dec 2010 Sept
9 Administered accounts growth trend* ( 000) ,332,051 5,243,458 4,856,799 5,058,263 4,818,234 4,604,817 CAGR= -2.9% Dec 2006 Dec 2007 Dec 2008 Dec 2009 Dec 2010 Sept 2011 * Including trust services 9.
10 Real estate funds growth trend ( 000) ,080,683 2,164,547 2,062,432 2,102,283 2,303,810 2,272, CAGR= 1.8% Dec 2006 Dec 2007 Dec 2008 Dec 2009 Dec 2010 Sept
11 Agenda. Business dynamics Revenues and AUM Key economic figures as of September 30, Business Plan. 11.
12 Reclassified consolidated income statement ( 000) Var. % Net interest margin 4,172 4, Dividends 2,203 2, Net commissions 21,364 21,582 1 Profit (loss) on financial transactions 1,772 3, Earnings margin 29,511 32, Administrative costs -24,301-23, Value adjustments (amortization and depreciation) Other income (expenses) Operating expenses -24,047-23,581-2 Profit (loss) on equity investments Gross operating profit 5,161 7, Adjustments to value of financial assets and credits Net operating profit 4,280 7, Income tax on current operations -1,968-3, Minorities Net profit for the year 1,512 3,
13 Summary of group performance Net commissions/earnings margin 61.5% 72.4% 67.4% Cost/income ratio 77.4% 81.5% 73.65% GOP/earnings margin 22.7% 17.5% 25% Net operating profit/gop 92.4% 82.9% 90.2% Net profit /GOP 48.6% 29.3% 38.1% 13.
14 Agenda. Business dynamics Revenues and AUM Key economic figures as of September 30, Business Plan 14.
15 Scenario analysis and opportunities. The present Italian scenario is favourable to Banca Finnat s potential to become a top player in the near future. Our goal is to pursue our balanced growth based on a traditionally cautious attitude, independence, focus on customers requirements and confidentiality. We aim at concentrating more and more on activities where we excel and rival with international competitors; we will thus continue offering our customers a unique range of distinguishing services. A large segment of HNWI often has entrepreneurial activities, owns real estate and is interested in Family Office services. This often latent demand is not matched by a corresponding offer meaning an integrated offer from operators combining a swift banking structure with a special financial know-how. The Finnat Group intends to further pursue a strategy foreseeing the preservation of its Tier 1 capital ratio now exceeding 20% -, prudent lending limited to the bank s customers and based on real estate guarantees, and choices to pre-empt market risks. 15.
16 Guidelines: Private Banking initiatives. Further strengthening of customer relations. New investment proposals. Increase of market share. New CRM platform. Risk monitoring. Wider range of banking services. 16
17 Guidelines: Retail and Small Business. 1. Direct fund collection. Even though our starting point is lower than the Italian banking system s average, in 2016 repayable-on-demand funding will account for approx. 9% of the total; medium-to-long term funding will contribute to a balanced development of loans to customers. In order to promote medium-term funding, which is necessary to increase our loan activity, starting 4Q2011 Banca Finnat will issue certificates of deposit. Consistently with the bank s perceived soundness, interests paid will be lower than our more aggressive competitors. 2. AUM. Focus on funds (mainly own, partially from third parties). Wider range of available AM options, strengthening of AM department and new products such as unit-linked products. Wider offer of third parties funds. 17
18 Guidelines: Retail and Small Business. 3. Mortgage loans and financing. Product range development and special focus on existing clients with reference to: - Short-term financing; - Mortgage loans. 4. Banking services. Improvement of a number of services: HNWI credit and debit cards, ATM services, tailor-made current accounts for target clients; cooperation with Imprebanca with reference to POS and retail card services. 18
19 Guidelines: Institutional Clients. 1. Promotion and placement of investment products and RE instruments. 2. Promotion and placement of third-party funds through agreements with highly specialized international players. 3. Taylor-made investment proposals for institutional clients. 4. Setting up of new products and wealth management instruments. 5. Trading activity with special focus on bonds. 6. Trading activity on narrow markets. 7. Additional mandates to further develop our activity as Specialists. 19.
20 Guidelines: Real Estate. 1. Strengthening our leadership in RE management. 2. Development of additional funds aimed at widening our experience on new products and markets; innovation of our financial solution range of offer, in favour of clients intending to invest cash into core/long term and distressed products. 3. Five additional funds, total value Euro 800M. 4. Focus on welfare and insurance products. 5. Constant monitoring of public-sponsored initiatives, in order to benefit from existing high-level relations and experience in connection with Fondo Immobili Pubblici (FIP). 20.
21 Guidelines: Corporate Finance. 1. Improving revenues from this field of activity. 2. Further developing our medium-size-operation track record through both the bank s strong personal and institutional relations and the adoption of more and more effective solutions. 3. Focus on the group s target clients by further strengthening existing relations and supplying our customers with the best available assistance along with an integrated range of products. 4. Strengthening existing domestic and international relations with medium-sized financial institutions, professionals and institutional investors. 5. Development of new tailor-made products to further expand our range of services. 21.
22 Guidelines: Financial Planning. 1. Repricing of existing services and new services offer. 2. Consistent adoption of a world class consultancy service level. 3. Additional marketing activities, client events as well as executive education to our sales force in favour of financial planning activities. 4. Streamlining of trust activities and improved coordination of sales and marketing activities. 22.
23 Business Plan targets. Rise in revenues, which are expected to exceed euro 50M in % Cost/Income ratio. Net profit due to exceed euro 6.5M (approx. 13% cagr). 4% ROE. Tier 1 Capital Ratio constantly above 20%. 23.
24 Contacts. INVESTOR RELATIONS MANAGER Gian Franco Traverso Guicciardi Tel PR OFFICE SEC Marco Fraquelli Tel
PRESS RELEASE of CREDEM GROUP: FY2002 consolidated net profit up to 109.5 million (+2%). Total income up by +4.6% to 800 million. Customer deposits and assets: net inflow in 2002 of some 4 billion. Total
9M2015 GMPS Results Fabrizio Viola CEO & General Manager 6 th November 2015 Results Highlights CET1 ratio fully loaded at 11.7% (approx. +100bps vs. Jun-15 proforma * ) and CET1 transitional at 12% (+67bps
Ubiquity Mobile Finance Report 3Q 2015 11/11/2015 Mobile Finance market to grow further during the first nine months of 2015 (+29%). During the first nine months of 2015 the market of Mobile Finance in
Frankfurt, June 5th 2009 Goldman Sachs European Financials Conference Mr. Roberto Higuera, CEO Disclaimer This presentation has been prepared by Banco Popular solely for purposes of information. It may
Frankfurt, September 21, 2006 Investors Day Commerzbank s financials and Key performance indicators Eric Strutz Chief Financial Officer Disclaimer / investor relations / All presentations shown at Investors
BAWAG P.S.K. REPORTS RECORD NET PROFIT OF EUR 333 MILLION, +45% Net profit EUR 333 million, +45% versus prior year Return on equity 14.9%, +3.3pts Core revenues EUR 890 million, +16% Operating expenses
Date: 27 August 2015 For information: mr. M.G.F.M.V. Janssen Secretary to the Managing Board T: +31 20 557 52 30 I: www.kasbank.com Growth of 20% in net result, excluding non-recurring items, to EUR 8.3
Bank of America Merrill Lynch Banking and Insurance CEO Conference London, 29 September 2009 Good morning. I d like to thank Bank of America Merrill Lynch for letting us speak this morning. Before I talk
AXA INVESTMENT MANAGERS Entering a new phase of growth Investor Day November 20, 2014 Andrea ROSSI CEO AXA Investment Managers Member of the AXA Group Executive Committee Certain statements contained herein
Investors Day Commerzbank s strategic focus Klaus-Peter Müller Chairman of the Board of Managing Directors Frankfurt, September 4, 2002 Investors Day September 4, 2002 1 Smaller and younger top management
Private Banking Division Opening of London PB Branch December 2015 Fideuram ISPB has been created through the successful merger between Banca Fideuram and ISPB AuM of Fideuram and ISPB Net Profit of Fideuram
Media Relations: Michele Davis 212-761-9621 Investor Relations: Kathleen McCabe 212-761-4469 Morgan Stanley Reports First Quarter 2016: Net Revenues of $7.8 Billion and Earnings per Diluted Share of $0.55
Investor Presentation Yvon Charest President and CEO René Chabot EVP and Chief Actuary Denis Ricard EVP, Business Development March 2015 A New Look for Industrial Alliance Introduced March 3, 2015 Updated
Paris, 3 February 2006 PRESS RELEASE BNP Paribas announces intent to acquire BNL BNL would become a key part of a global banking group with an outstanding European base and two home markets. BNP Paribas,
Presentation of consolidated results as at 31 March 2014 Carlo Cimbri CEO Bologna, 15 May 2014 Consolidated results Insurance business Non-Life insurance business Life insurance business Agenda Banking
NN GROUP FINANCIAL SUPPLEMENT 1Q2016 NN GROUP FINANCIAL SUPPLEMENT 1Q2016 INTRODUCTION The Financial Supplement includes quarterly financial trend data and is published on a quarterly basis. Figures are
Unipol Gruppo Finanziario 2010 2012 Business Plan Agenda 1 2 Guidelines and 2012 key targets Non-Life business 3 Life business 4 Banking business 5 Investment management 6 Consolidated results and Solvency
Moody s Investors Service Ltd CREDIT OPINION MORTGAGE AND LAND BANK OF LATVIA Summary Rating Rationale In accordance with Moody s rating methodology for government-related issuers (GRIs), we assign A2/Prime-1
Oslo Børs VPS Holding ASA 2nd Quarter 215 12 August 215 2nd quarter at a glance Good level of trading and settlement activity continued in the quarter Continuing strong interest in admission of both shares
Media Relations: Michele Davis 212-761-9621 Investor Relations: Kathleen McCabe 212-761-4469 Morgan Stanley Reports Third Quarter 2015: Net Revenues of $7.8 Billion and Earnings per Diluted Share of $0.48
74 KOÇ HOLDİNG ANNUAL REPORT 2014 if not us, then WHO WE WORK DAY AND NIGHT TO PROVIDE THE BEST PRODUCTS AND SERVICES TO OUR CUSTOMERS AND EXPAND OUR SERVICE NETWORK IN THE FINANCE SECTOR KOÇ HOLDİNG ANNUAL
Media Relations: Michele Davis 212-761-9621 Investor Relations: Kathleen McCabe 212-761-4469 Morgan Stanley Reports Fourth Quarter and Full Year 2015: Fourth Quarter Net Revenues of $7.7 Billion and Earnings
Kansas City 1Life Insurance Company 2011 First Quarter Report Includes our subsidiaries: Sunset Life Insurance Company of America Old American Insurance Company Sunset Financial Services, Inc. Post Office
RECLASSIFIED CONSOLIDATED STATEMENT OF FINANCIAL POSITION (in millions of euro) ASSETS Loans and advances to customers 29,484.3 28,337.5 1,146.8 4.0% Loans and advances to banks 2,306.4 1,261.7 1,044.7
THE EMPIRE LIFE INSURANCE COMPANY Condensed Interim Consolidated Financial Statements For the nine months ended September 30, 2013 Unaudited Issue Date: November 6, 2013 These condensed interim consolidated
4 th Q. 2008 Highlights The factoring market and group positioning Strategies Consolidated financial and economic data Attachments The Credit Crunch : impact on Banca IFIS s activity The consequences for
Warsaw, February 12, 2015 Subject: Preliminary consolidated financial statements of the Capital Group of Bank Handlowy w Warszawie S.A. for the 2014 Legal basis: Art. 5 section 1 item 25) of the Ordinance
Carige s project: history and results The The 2005-2007 Business Plan Plan The adoption of IAS and 1H 2005 results Carige share performance -1- Future evolution Independence through growth 1990-1998 1999-2003
BANCO BPI, S.A. Publicly held company Share capital: 1 293 063 324.98 Registered in Oporto C.R.C. and corporate body no. 501 214 534 Head Office: Rua Tenente Valadim, no.284, Porto, Portugal www.ir.bpi.pt
NEWS RELEASE FOR FURTHER INFORMATION: WEBSITE: www.bnccorp.com TIMOTHY J. FRANZ, CEO TELEPHONE: (612) 305-2213 DANIEL COLLINS, CFO TELEPHONE: (612) 305-2210 BNCCORP, INC. REPORTS THIRD QUARTER NET INCOME
Turnaround on track 6th German Corporate Conference Frankfurt February 26th, 2003 Dr. Achim Kassow (CEO) 2 Agenda 2 comdirect at a glance Nine-month figures Market and positioning com one programme for
Investor Presentation December 2014 Contents I. UNB Introduction 1 II. UAE Economy and Banking Industry 3 III. UNB Business Overview 5 IV. Financial Highlights and Performance 11 V. Awards and Certifications
Business and Financial Highlights Nine Months Ended December 31, 214 Shinsei Bank, Limited January 215 Table of Contents Q3 FY214 Results: Key Points ------------------------------------------ Q3 FY214
BANCOLOMBIA S.A. (NYSE: CIB; BVC: BCOLOMBIA, PFBCOLOM) REPORTS CONSOLIDATED NET INCOME OF COP 1,879 BILLION FOR 2014, AN INCREASE OF 24% COMPARED TO 2013. Operating income increased 23.8% during 2014 and
Richard P. Smith, President & CEO FIG Partners 2016 Community Bank Investor Conference February 3-4, 2016 SAFE HARBOR STATEMENT Certain comments included in this presentation may involve forwardlooking
Financial Highlights for the Fiscal Year Ended March 31, 2016 May 13, 2016 Japan Post Holdings: Financial Highlights Results of Operations for the Fiscal Year Ended March 31, 2016 Japan Post Holdings (Consolidated)
Release Frankfurt am Main 27 April 2010 Deutsche Bank reports first quarter 2010 net income of EUR 1.8 billion Net revenues of EUR 9.0 billion, up 24% Second best quarterly income before income taxes of
September 7, 2005 Merrill Lynch Japan Conference Growth Strategy for the New Stage -Value Creation through Retail Financial Services Business- Teisuke Kitayama President Sumitomo Mitsui Financial Group,
Monex Group, Inc. Consolidated Financial Summary under IFRS for the fiscal year 2015 (April 1, 2014 - March 31, 2015) This is an English translation of Japanese report of the consolidated financial summary
QUARTERLY FINANCIAL STATEMENTS AS AT 30 SEPTEMBER Media telephone conference 8 November Agenda Overview Financial highlights Jörg Schneider 2 Munich Re (Group) Jörg Schneider 4 Torsten Oletzky 13 Torsten
ASSETS Non-consolidated Balance Sheets Nomura Securities Co., Ltd. (Millions of yen) March 31, 2014 March 31, 2015 Increase/(Decrease) Current Assets 12,488,887 13,949,399 1,460,512 Cash and time deposits
Introduction to mbank Group The most successful organic growth story in Poland August 2015 mbank Group in a snapshot General description Key financial data (PLN M) Set up in 1986, mbank (originally BRE
Crédit Agricole Asset Management Nextra: An ambitious European project in the Asset Management Industry Press conference, Milan, January 10 th, 2006 Content Rationale of the deal Description of the transaction
Media Relations: Michele Davis 212-761-9621 Investor Relations: Kathleen McCabe 212-761-4469 Morgan Stanley Reports Second Quarter 2015: Net Revenues of $9.7 Billion and Earnings per Diluted Share of $0.85
BBVA Colombia Working for a better future for people 2013 The IR Recognition granted by Bolsa de Valores de Colombia S.A. (the Colombian Stock Exchange) is not a certification of the registered securities
For Banking and Financial Management Department School Year First Year First year Second year Third year Fifth year Fifth year Fifth year Fifth year Name of course Financial Accounting principles Intermediate
s Financial Results Fourth Quarter and Fiscal 2015 siemens.com Key figures (in millions of, except where otherwise stated) Volume Q4 % Change Fiscal Year % Change FY 2015 FY 2014 Actual Comp. 1 2015 2014
Commerzbank - the leading german commercial bank German corporate conference Deutsche Bank May 31, 2006 Dr. Eric Strutz Chief Financial Officer Excellent start in 2006 Q1 `06 vs Q1 `05 FY 2005 Operating
RETAIL DIVISION Roberto Nicastro AGENDA Retail Division overview Country-specific plans Italy Germany Austria Conclusions 2 RETAIL DIVISION ID CARD Households: with less than 1 mln assets UniCredit R etail
This English version is a translation of the original Japanese document and is only for reference purposes. In the case where any differences occur between the English version and the original Japanese
Bank 1 Oslo Akershus (group) 3rd quarter presentation Oslo, September 22nd MNOK Bank 1 Oslo Akershus (group) Increased profitability Pre-tax profit of MNOK 99 (MNOK 142) in Q3. Profit pre-tax year to date
Acquisition of the retail and credit card business of Citibank in Spain June 2014 Disclaimer This presentation has been prepared by Banco Popular Español solely for purposes of information. It may contain
Highlights Volkswagen reports successful fiscal year 2013 in a challenging environment: - Sales revenue rises by 2.2% to 197.0 billion - Operating profit exceeds record prior-year level at 11.7 billion
INTERIM FINANCIAL STATEMENT AS PER 30 SEPTEMBER 2015 15 3 Consolidated balance sheet 5 Consolidated income statement 6 Statement of changes in equity 7 Condensed notes INTERIM FINANCIAL STATEMENT AS PER
Case Study - 2012 How to improve the Banco Santander Brasil business model by analyzing opportunities of Cross Sell Is it possible to increase client relationship efficiency and revenue by collect, analyze
Dubai Islamic Bank Investor Presentation First Quarter (Q1) 2011 www.dib.ae Disclaimer The information provided in this presentation should not be used as a substitute for any form of advice. Decisions
Earnings Release First Quarter 2016 Conference Call Presentation May 11 th, 2016 For additional information, please read carefully the notice at the end of this presentation. Earnings Release First Quarter
Stock price as of April 27th, 2016: $36.0 Total shares: 382.0 millions Cash flow generation and improvement in margins. Sales and EBITDA growth of 11% and 21%. Figures in millions of nominal Mexican. Figures
BNP Paribas Private Banking Olivier Cœnon Head of Development & Partnerships BNP Paribas Private Banking May 2007 1 Disclaimer This presentation includes forward-looking statements based on current beliefs
Dubai Islamic Bank Investor Presentation June 30 th 2011 www.dib.ae Disclaimer The information provided in this presentation should not be used as a substitute for any form of advice. Decisions based on
Consolidated Financial Results April 1, 2001 - June 30, 2001 August 3, 2001 In preparing its consolidated financial information, ORIX Corporation and its subsidiaries have complied with accounting principles
Thank you Dawie. 2011 Annual Results Presentation Louis von Zeuner, Deputy Group Chief Executive, speaker notes Slide: Balanced Set of Results Our retail results were strong, as headline earnings increased
PRESS RELEASE 1999 Highlights Well run banking operation and bull market produce unprecedented earnings Operating profit of NOK 598 million before tax SpareBank 1 SR-Bank is the district's savings bank
Quarterly Statement Three-Month Results 2016 Key events and transactions 2 DVB posts reasonable consolidated net income before taxes for the first quarter of 2016 During the first three months of 2016,
Barclays Interim Management Statement 10 November 2009 Chris Lucas Good morning and thanks for joining us I know it s a busy day as HSBC are also reporting so I m going to talk for about fifteen minutes
News Release January 28, 2016 Performance Review: Quarter ended December 31, 20% year-on-year growth in total domestic advances; 24% year-on-year growth in retail advances 18% year-on-year growth in current
Review of TD s businesses REVIEW OF TD S BUSINESSES PROFILES OF TD S BUSINESSES TODAY IN THIS REVIEW, WE HAVE ARRANGED OUR BUSINESSES AROUND OUR TWO DISTINCT CUSTOMER BASES RETAIL AND WHOLESALE TO SHOW