1 Facts & Figures 09/2015
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
Regional Coverage Regional Bank in the Heart of Europe Five Countries One Oberbank Global Scope Total Assets 18,3 bn 3
Five Countries One Oberbank! BAVARIA CZECH REPUBLIC DEUTSCHLAND GERMANY SLOVAKIA AUSTRIA HUNGARY 4
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 2015 160 Branches 5
6 Milestones in the History of Oberbank
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
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 2010-2014 140% 138,72 % 120% 100% 100,00 % 80% 60% 40% 30,43 % 20% 8 0% -20% -40% 2010 2011 2012 2013 2014 Profit for the year after tax Oberbank Market *: consolidated results according to OeNB (Austrian National Bank)
9 Long-term successful Performance
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
Highlights at 3 rd Quarter 2015 Solid Profit Development (compared to Q3 2014) Net Income (before tax) + 16 % to EUR 146.6 mn Net Income (after tax) EUR 125.9 mn (+ 17.2 %) 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 12.79 % Total Capital Ratio of 16.41 % Continued Expansion 154 Branches in total 2.800 new Personal accounts 179.500 in total (+1,4 %) 11
Earnings Development 3 rd Quarter 2015 Amounts in EUR mn Q3 2015 Q3 2014 + / - 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
Consolidated-Balance Sheet/ Assets: Growth in Customer Receivables + 3,7 % Amounts in EUR mn Q3 2015 YE 2014 + / - Cash Reserves 225,1 147,0 53,1% Receivables from Credit Institutes 1.268,2 1.461,0-13,2% Receivables from Customers 12.730,3 12.276,2 3,7% Risk Provision -479,7-474,4 1,1% Trading Assets 50,9 56,6-10,2% Financial Assets 3.796,0 3.650,4 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 18.272,7 17.774,9 2,8% 13
Consolidated-Balance Sheet/ Liabilities: Increase in Equity Amounts in EUR mn Q3 2015 YE 2014 + / - Payables to Credit Institutions 3.397,3 3.252,4 4,5% Payables to Customers 10.110,2 9.993,6 1,2% Liabilities evidenced by Paper 1.518,2 1.580,6-3,9% Provisions 406,1 383,0 6,0% Other Liabilities 373,6 316,8 17,9% Subordinated Debt 667,6 714,4-6,6% Equity 1.799,8 1.534,1 17,3% Total Liabilities 18.272,7 17.774,9 2,8% 14
Loan / Deposit-Ratio in EUR mn 13.500,0 13.000,0 12.500,0 12.000,0 11.500,0 11.000,0 10.500,0 10.000,0 9.500,0 9.000,0 87,79 % 31.12.2010 31.12.2011 31.12.2012 31.12.2013 31.12.2014 30.09.2015 Loans 88,91 % 89,23 % 87,62 % Primary Funds incl. OeKB*, LfA, KfW, EIB 91,54 % 94,30 % Favourable Development of Loans + 454 M EUR to 12.7 bn EUR * OeKB=Austrian Export Credit Agency Excess of Deposits over Loans 31.12.2013: 1,655.5 EUR m 31.12.2014: 1.134,6 EUR m 30.09.2015: 770 EUR m 15
Structure of the Primary Funds 3 rd Quarter 2015 in EUR mn 14.000 11.135,3 11.315,2 12.000 746,1 744,4 10.000 1.486,4 1.506,6 11.607,9 675,1 1.533,7 12.250,4 12.288,6 12.296,0 631,5 714,4 667,6 (- 6,56%) 1.592,9 1.580,6 1.518,2 (- 3,95%) 8.000 6.000 4.000 8.902,8 9.064,2 9.399,1 10.026,0 9.993,6 10.110,2 (+ 1,17%) 2.000 0 2010 2011 2012 2013 2014 Q3 2015 Savings-, Sight- and Time Deposits Securitised Debt Subordinated Debt Capital 16
Financial Strength Excellent Capital Ratios Low Risk Profile Oberbank Indicators outperform the Market 17
Excellent Indicators and Ratios in Oberbank-Group Oberbank Q3 2015 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
Core- and Total Capital Ratio in % 18% 16% 14% 12% 10% 8% 6% 4% 2% 0% 31.12.2008 31.12.2009 31.12.2010 31.12.2011 31.12.2012 31.12.2013 31.12.2014 30.09.2015 Core Capital Ratio Total Capital Ratio 19
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 0,00 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Years Book value/share Rate, in EUR 20 Source: Bloomberg (Chart data based on year-end rates), Bloomberg (book value/share based on years 1988-2010, 2012-2013), 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
Long-term positive Performance 60,00 Year(s) Performance in % p.a. incl. Dividend 6,00 50,00 2014 4,86 5,00 3 (2012-2014) 3,16 40,00 5 (2010-2014) 4,46 4,00 10 (2005-2014) 8,02 Rate 30,00 20,00 3,00 2,00 Profit/share 10,00 1,00 0,00 0,00 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Years Profit/Share Rate in EUR 21 Source: Bloomberg (Chart data based on year-end rates), Bloomberg (Profit/share based on years 1988-2013), Oberbank (Profit/share based on 2014) The displayed data is historical information. Future trends can not be deduced out of that information. 21 Oberbank
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
Non Performing Loans (NPL) Collateral and Provisions considerably higher than Risk 700 600 500 400 300 200 100 0 Development of NPL in EUR mn 286 252 212 596 617 575 439 477 493 2013 2014 H1 2015 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 2013 2014 H1 2015 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
Business Model & Success Factors Strong Values Panic Proof Business Model and Strategy Regional Bank Universal Bank Solid Shareholder Structure Tradition and Independence 24
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
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
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 179.500 Personal Accounts Exceptional strong Funding Position Special Strengths: Housing Finance, Private Asset Management, Innovative Account Models 27
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
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% 7 8 67 1 1 BTV 47,53% 6 5 4 3 2 5 4 3 2 Stand: 11.11.2015 29
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
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
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
Your Contacts Oberbank Untere Donaulaende 28, A-4020 Linz, AUSTRIA Internet: www.oberbank.at S.W.I.F.T.: OBKLAT2L; Reuters Dealing: OBKL Global Financial Markets Phone: +43 732 7802-32508 Fax: +43 732 77 39 80 33
Directory of International Business (1/3) Global Financial Markets Management Mr. Helmut Edlbauer, General Manager Head of Global Financial Markets Ext. No.: 32630, Fax: +43/732/77 39 80 E-Mail: helmut.edlbauer@oberbank.at Trading Sales Mr. Robert Musner Head Trading Sales, Senior Director Ext. No.: 32640, Fax: +43/732/78 58 03 E-Mail: robert.musner@oberbank.at Trading Sales Mr. Günther Dratlehner Team Head Flow Trading Ext. No.: 32544, Fax: +43/732/78 58 03 E-Mail: guenther.dratlehner@oberbank.at Financial Institutions Mr. Manfred Weissmann Head Financial Institutions, General Manager Ext. No.: 32500, Fax: +43/732/77 39 80 E-Mail: manfred.weissmann@oberbank.at Financial Institutions Ms. Gabriele Hartmann Team Head Financial Institutions Ext. No.: 32504, Fax: +43/732/78 58 04 E-Mail: gabriele.hartmann@oberbank.at Trading Sales Mr. Thomas Katzlinger Team Head Financial Engineering Ext. No.: 32637,Fax: +43/732/78 58 03 E-Mail: thomas.katzlinger@oberbank.at 34
Directory of International Business (2/3) Payment Systems and Operations E-mail: zsp@oberbank.at Management Fax: +43/732/77 27 01 Mr. Konrad Rinnerberger, Senior Manager Ext. No. 32307 E-mail: konrad.rinnerberger@oberbank.at Mr. Harald Klinger, Senior Manager Ext. No.: 37500 E-mail: harald.klinger@oberbank.at Payments Mr. Karl Reisinger, Senior Manager Ext. No.: 32380, Fax: +43/732/7802 32366 E-mail: karl.reisinger@oberbank.at Bank transfers and bank accounts Mr. Josef Brandner Ext. No.: 32358, Fax: +43/732/785806 E-mail: josef.brandner@oberbank.at Inquiries & Investigations Ms. Eva Gugler Ext. No.: 32555, Fax: +43/732/7802 32366 E-mail: eva.gugler@oberbank.at Securities Administration and Settlement Mr. Werner Krüttner Ext. No.: 37275, Fax: +43/7802 37275 E-mail: werner.kruettner@oberbank.at 35
Directory of International Business (3/3) Corporate & International Finance Leasing subsidiaries E-mail: cif@oberbank.at Management Mr. Peter Kottbauer, General Manager Ext. No.: 37301 E-mail: peter.kottbauer@oberbank.at Ms. Claudia Raml, Senior Director, Export & Trade Finance Ext. No.: 32515, Fax: +43/732/78 58 02 E-mail: claudia.raml@oberbank.at Documentary Business Ms. Eva Maria Hauser, Team Head Documentary Business & International Guarantees Ext. No.: 32515, Fax: +43/732/78 58 02 E-mail: eva.hauser@oberbank.at International Finance, Syndications Ms. Melitta Reisinger, Senior Manager Ext. No.: 32356 E-mail: melitta.reisinger@oberbank.at in Linz, Bratislava, Budapest, Budweis, Munich, Prague E-mail: lea@oberbank.at Mr. Hans Fein, General Manager Tel.: +43/732/7802-37138, Fax: +43/732 /7802-37120 E-mail: hans.fein@oberbank.at Imprint Proprietor and Publisher Oberbank AG Untere Donaulände 28, 4020 Linz Phone: +43 732 7802-0 Telefax: +43 732 785810 Photos: OÖ Tourismus Marketing GmbH Freistädter Straße 119, 4041 Linz 36