Transcript www.cityunionbank.com

WELCOME
Presentation of
Financial Results
for the Half year ended September 2008
SNAP SHOT
(Rs. in cr)
Sep 2008
Sep 2007
CHANGE
%
DIRECTION
11783.94
9249.82
2534.12
27.40%

122.35
102.22
20.13
19.69%

6.51
3.43
3.08
89.79%

44.53
35.39
9.14
25.83%

100.85
84.58
16.27
19.24%

NET PROFIT
63.89
48.16
15.73
32.66%

OPERATING EXP
66.03
54.03
12.00
22.21%

GROSS NPA
1.76%
2.02%
-0.26%
-12.87%

NET NPA
0.79%
0.85%
-0.06%
-7.06%

13.24%
12.85%
0.39%
3.04%

TOTAL BUSINESS
NET INTEREST INCOME
TREASURY PROFIT
OTHER INCOME
OPERATING PROFIT
CAPITAL ADEQUACY RATIO
BUSINESS INDICATORS
BUSINESS RATIOS
SEP 2008
SEP 2007
CHANGE
7.68%
6.92%
0.76%
10.98%

13.40%
12.79%
0.61%
4.77%

TOTAL YIELD ON INVESTMENTS
7.58%
7.59%
-0.01%
-0.13%

NET INTEREST MARGIN
3.16%
3.53%
-0.37%
-10.48%

COST TO INCOME
15.51%
17.00%
-1.49%
-8.76%

OPERATING EXP - As a % of NII
53.97%
52.00%
1.97%
3.79%

RETURN ON ASSETS
1.65%
1.66%
-0.01%
-0.60%

PER EMPLOYEE BUS. (Rs. in Lakhs)
519.62
435.90
83.72
19.21%

5.88
3.99
1.89
47.37%

COST OF DEPOSITS
YIELD ON ADVANCES
PER EMPLOYEE PROFIT (Rs. in Lakhs)
%
DIRECTION
MILESTONES ACHIEVED
(Rs in Crs)
Q2-Q2
H1 - H1
Q2 %
H1 %
Total Business
2532
2532
28%
28%
Deposits
1463
1463
27%
27%
Advances
1069
1069
28%
28%
NII
13.08
20.13
26%
20%
Interest Income
47.51
105.00
32%
38%
0.84
9.14
4%
26%
48.35
114.14
28%
37%
6.36
17.27
13%
21%
10.85
15.73
40%
33%
Other Income
Top Line
Operating Profit
Net Profit
MILESTONES ACHIEVED (Q2 – Q1)
 TOTAL BUSINESS INCREASED BY RS.625 CR
 NET PROFIT INCREASED BY 43%
 NET INTEREST INCOME STOOD AT RS.64.31 CR
 GROSS PROFIT INCREASED BY 15%
 GROSS NPA DECLINES TO 1.76% FROM 1.88%
 % OF NET NPA TO NET ADVANCES – 0.79%
 CAR AT COMFORT LEVEL OF 13.24%
RUPEE EARNED
8%
2%
90%
Interest Income
Treasury Profit
Other Income
RUPEE SPENT
10%
11%
Interest Expenses
80%
Employee Cost Other Expenses
INTEREST INCOME
(Rs. in cr)
SEP 2008
SEP 2007
CHANGE
308.15
221.73
86.42
38.97%

70.18
53.22
16.96
31.87%

OTHER INTEREST INCOME
2.98
1.36
1.62
119.12%

TOTAL INTEREST INCOME
381.31
276.31
105.00
38.00%

INTEREST ON ADVANCES
INTEREST ON INVESTMENTS
%
DIRECTION
EXPENDITURE
SEP
2008
SEP
2007
256.59
170.22
86.37 50.74%

EMPLOYEE COST
31.32
25.02
6.30 25.18%

OTHER OPERATING EXP
34.71
29.01
5.70 19.65%

322.62
224.25
98.37 43.87%
(Rs. in cr)
INTEREST EXPENDED
TOTAL EXPENSES
CHANGE
%
DIRECTION
OTHER INCOME
(Rs. in cr)
SEP 2008
SEP 2007
CHANGE
11.19
8.59
2.60
30.27%

TREASURY INCOME
3.79
0.57
3.22
564.91%

EXCHANGE TRANSACTIONS
3.95
2.31
1.64
71.00%

MISCELLANEOUS INCOME
25.60
23.92
1.68
7.02%

OTHER INCOME TOTAL
44.53
35.39
9.14
25.83%

CEB INCOME
%
DIRECTION
BUSINESS GROWTH
SEP
2008
SEP
2007
CHANGE
%
DIRECTION
DEPOSITS
6896
5433
1463
27%

ADVANCES
4888
3817
1071
28%

INVESTMENTS
1926
1611
315
20%

(Rs. in cr)
INTEREST MOVEMENT
PARAMETERS
GROWTH (Rs. Crores)
PRINCIPAL
INTEREST
GROWTH %
DIRECTION
PRINCIPAL
INTEREST
DEPOSITS / INTEREST
1463
86
27%
51%

ADVANCES / INTEREST
1071
86
28%
39%

315
17
20%
24%

INVESTMENTS / INTEREST
INTEREST MOVEMENT
(Rs in Crs)
Sep-08
Sep-07
CHANGE
%
GROSS NPA
86.11
77.23
8.88
12%
NET NPA
38.07
31.94
6.13
19%
% OF GROSS NPA
1.76%
2.02%
-0.26%
% OF NET NPA
0.79%
0.85%
-0.06%
DIRECTION
NET INTEREST INCOME
70
60
Q1
50
Q2
40
Q3
30
Q4
20
10
2004-05
2005-06
2006-07
2007-08
2008-09
Q1
26.96
29.57
37.56
50.99
58.04
Q2
25.72
33.22
44.02
51.23
64.31
Q3
28.64
35.09
39.61
49.34
Q4
29.5
41.9
46.3
53.42
NET PROFIT
40
35
30
Q1
25
Q2
20
Q3
15
Q4
10
5
2004-05
2005-06
2006-07
2007-08
2008-09
Q1
12.49
12.51
15.66
21.36
26.24
Q2
9.01
12.44
16.31
26.8
37.65
Q3
10.06
12.43
13.86
25.38
Q4
14.76
18.99
25.98
28.19
RETURN ON ASSETS
2.50%
2.00%
Q1
Q2
1.50%
Q3
Q4
1.00%
0.50%
2004-05
2005-06
2006-07
2007-08
2008-09
Q1
1.48%
1.40%
1.49%
1.56%
1.39%
Q2
1.04%
1.33%
1.50%
1.76%
1.90%
Q3
1.17%
1.25%
1.20%
1.49%
Q4
1.63%
1.81%
2.02%
1.59%
NET INTEREST MARGIN
4.50%
4.00%
3.50%
Q1
3.00%
Q2
2.50%
Q3
2.00%
Q4
1.50%
1.00%
2004-05
2005-06
2006-07
2007-08
2008-09
Q1
3.19%
3.31%
3.58%
3.71%
3.08%
Q2
2.97%
3.54%
4.06%
3.36%
3.25%
Q3
3.33%
3.54%
3.42%
2.90%
Q4
3.25%
3.99%
3.61%
3.01%
CAPITAL ADEQUACY RATIO
16%
15%
14%
Q1
13%
Q2
12%
Q3
11%
Q4
10%
9%
2004-05
2005-06
2006-07
2007-08
2008-09
Q1
14.81%
12.47%
12.65%
13.42%
13.53%
Q2
14.16%
12.29%
12.69%
12.85%
13.24%
Q3
14.13%
12.01%
12.11%
14.04%
Q4
12.33%
12.18%
12.58%
12.48%
DEPOSIT GROWTH
750
Q1
575
Q2
400
Q3
225
Q4
50
-125
2004-05
2005-06
2006-07
2007-08
2008-09
Q1
151.53
-0.96
36.87
184.02
182.64
Q2
70.36
160.61
288.70
549.91
288.53
Q3
-100.64
69.64
233.95
870.01
Q4
166.70
193.21
622.07
121.69
ADVANCES GROWTH
625
525
425
Q1
325
Q2
225
Q3
125
Q4
25
-75
2004-05
2005-06
2006-07
2007-08
2008-09
Q1
-13. 08
29. 10
-61. 53
51. 34
-23. 84
Q2
127. 82
173. 71
114. 41
385. 47
336. 43
Q3
108. 79
121. 29
210. 95
171. 17
Q4
229. 41
220. 78
504. 25
587. 49
OPERATING PROFIT
65
55
Q1
45
Q2
35
Q3
25
Q4
15
5
2004-05
2005-06
2006-07
2007-08
2008-09
Q1
29.74
18.56
26.84
37.40
46.81
Q2
8.61
29.22
35.69
47.18
54.04
Q3
14.26
26.10
27.00
43.22
Q4
29.06
35.26
41.95
53.50
COMPARISON OF OTHER BANK RESULTS WITH CUB
110%
90%
70%
CUB
50%
SIB
30%
AXIS
10%
Gross Prof it
Net Prof it
Net Int erest Income
CUB
16%
41%
26%
SIB
37%
45%
46%
AXIS
89%
77%
55%
HDFC
36%
43%
61%
S B TR
63%
70%
65%
FED BK
72%
20%
64%
HDFC
S B TR
FED BK
THANK YOU