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8/4/2019 Canbank Perf Highlights
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Page 1www.canarabank.com
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Page 2www.canarabank.com
NET PROFIT
503
899
0
500
1,000
Q4 FY10 Q4 FY11
`.
Cro
re
Net Profit Rose by a Robust 78.7%
NET PROFIT GROWTH Q4 FY11
Growtho
f78.7
%
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Page 3www.canarabank.com
NET PROFIT
3021
4026
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
'Mar 2010 'Mar 2011
`.
Cro
re
The Highest ever Net Profit for anyYear
NET PROFIT GROWTH FY11
Growtho
f33.2
%
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A Landmark Achievement
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Major Highlights- Q4 FY11
Sustained high growth trajectory
Surpassed landmark `5 lakh crore in total
business Net Interest Income Growth at 23.5%
Net Interest Margin expanded to 3.12%
Return on Assets at 1.27% Healthy Capital Adequacy Ratio at 15.38%
Tier I Capital Ratio at 10.87%
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Major Highlights- Q4 FY11
Successfully raised `1993.2 crore through QIP
Raised of $350 million through MTN for overseas
business funding
Gross NPA ratio at 1.45% and Net NPA ratio at
1.11%
Record Cash Recovery of over `2000 crore
Provision Coverage Ratio at 72.99%
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TOTAL BUSINESS
Over ` 1 lakh Crore Business AddedY.o.Y Growth at 25.4%
325112
403986
506440
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
500,000
Mar-09 Mar-10 Mar-11
`.
Cro
re
(24%)
(25%)
(24%)3 Yr CAGR at 25%
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186893
234651
293973
50,000
75,000
100,000
125,000
150,000
175,000
200,000
225,000
250,000
275,000
Mar-09 Mar-10 Mar-11
`.
Cro
re
TOTAL DEPOSITS
3 Yr CAGR at 25%
Y.o.Y Growth at 25.3%
Against SCBs Growth at 15.8% (Domestic)
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138219
169335
212467
25,000
50,000
75,000
100,000
125,000
150,000
175,000
200,000
Mar-09 Mar-10 Mar-11
`.
Crore
NET ADVANCES
3 Yr CAGR at 24%
Y.o.Y Growth at 25.5%
Against SCBs Growth at 21.4% (Domestic)
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PROFIT GROWTHAmt. in ` Crore
FY11 FY10 Q4 FY11 Q4 FY10
Operating Profit 6107 5061 1695 1430
Growth 20.7% 27.7% 18.5% 12.4
Provisions 2081 2039 796 927
Provision for NPA 1001 1426 541 596
Prov for Taxation 1000 800 250 200
Net Profit 4026 3021 899 503
Growth 33.2% 45.8% 78.7% -30.0%
Robust Growth in Net Profit for Q4 and FY11
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INCOME
Sustained Increase in Income
FY11 FY10 Growth Q4FY11 Q4FY10 Growth
Total Income 25767 21610 19.2% 7351 5507 33.5%
Int. Income 23064 18752 23.0% 6418 4797 33.8%
Int. Loans/Adv 17052 13946 22.3% 4823 3545 36.0%
Non-Int. Inc 2703 2858 -- 933 710 31.4%
Amt. in ` Crore
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Interest Income continues to drive growth in income .. over 65% of earnings from int on
advances
MAJOR COMPONENTS OF INCOME
March 2010
Investment
Income
25.0%
Int on Adv
64.5%
Others
2.9%Fee Incm
6.5%
Inter Bk Int
1.1%
March 2011
Investment
Income
23.7%
Int on Adv
66.2%
Others
3.6%Fee Incm
5.7%
Inter Bk Int
0.8%
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BREAK-UP OF OTHER INCOME
Mar11 Mar10
FY11 Q4 FY11 FY10 Q4 FY10
Total Other Income 2703 933 2858 710
Commission & Exchange 756 249 724 213
Profit from Exchange Trans 381 116 215 44
Trading Profit 236 -18 872 114
Dividend Income 199 87 104 32
Recovery in w/off A/cs 555 327 406 149
Other Misc. Income 576 172 537 158
of the above ..
Fee Income 1455 447 1400 402
(` in Crore)
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MEASURES TO AUGMENTNON INTEREST INCOME
Increased thrust on Fee Income
Broadbasing of Fee Income sources
Cross-Selling of Insurance Products
Mutual Fund Products
On-line Trading Services
Other Traditional Services- LCs, Guarantees andothers.
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EXPENDITURE
FY11 FY10 Growth Q4FY11 Q4FY10 Growth
Total Exp. 19660 16549 18.8% 5656 4076 38.8%
Int. Exp. 15241 13071 16.6% 4445 3199 38.9%
Op. Expense 4419 3478 27.1% 1211 877 38.0%
Staff Expense 2955 2194 34.7% 783 498 57.1%
Higher Expenses on account of additional provisionfor gratuity and pension
Amt. in ` Crore
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COST-INCOME RATIO (%)
46.8348.54
43.6140.73 41.98
2023
26
29
32
35
38
41
44
47
50
53
56
59
FY07 FY08 FY09 FY10 FY11
Contained Cost-Income Ratio for FY11, despiteadditional provisions for gratuity and pension
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EARNINGS PROFILE
FY11 FY10Q4
FY11Q4
FY10
Net Int. Income 7823 5681 1973 1598
Y-o-Y Growth
(%) 37.7 20.4 23.5 22.4
NIM (%) 3.12 2.80 3.12 2.80
ROAA (%) 1.42 1.30 1.27 0.87
ROE (%) 28.26 26.76 22.78 16.05EPS (`) 97.83 73.69 20.76 12.27
Book Value (`) 405 306 405 306
Amt. in ` Crore
Good Growth in Net Interest Income
Improvement in NIM
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QUARTER ON QUARTER POSITION IN NIM
2.80
3.013.16 3.21 3.12
2.00
2.30
2.60
2.90
3.20
3.50
'Mar
2010
'Jun
2010
'Sep
2010
'Dec
2010
'Mar
2011
In
Perc
ent
NIM above 3% since June 2010
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EARNINGS PROFILE
34.6538.17
50.55
73.69
97.83
0
10
20
30
40
50
60
70
80
90
100
EPS (INR)Mar-07 Mar-08 Mar-09 Mar-10 Mar-11
197.83
202.33
244.87
305.83
405
100
150
200
250
300
350
BV (Rs)
Mar-07 Mar-08 Mar-09 Mar-10 Mar-11
The Bank continues to sustain high levels of earnings. Book Value andEarnings Per Share show consistent rise, year on year
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TREND IN COST AND YIELD (%)
Mar11 Dec10 Sep10 Jun10 Mar10
Cost of Deposits 5.80 5.66 5.69 5.69 6.12
Cost of Funds 5.37 5.26 5.30 5.26 5.65
Yield on Advances 9.73 9.67 9.61 9.35 9.81
Yield on Funds 8.13 8.12 8.12 7.91 8.10
Yield onInvestments
7.72 7.68 7.61 7.54 7.52
Decrease in Cost Y.o.Y
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VALUE FOR STAKEHOLDERS
66% 70%
80% 80%
100%
110%
0%
20%
40%
60%
80%
100%
120%
DIVIDEND
FY06 FY07 FY08 FY09 FY10 FY11
Dividend ... Progressively Increasing Returns for the
Shareholders
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SHARE HOLDING PATTERN
As on Mar.31, 2011
15.0%
7.8%
4.4%2.3% 2.7%
67.9%
Govt of India FIIs Insurance Companies Resident Individuals Banks Others
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BUSINESS HIGHLIGHTS: FY11
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BUSINESS PROFILE
March11 March10 Y-o-Y Gr
Global Business 506440 403986 25.4%
Total Deposits 293973 234651 25.3%
Net Advances 212467 169335 25.5%
CD Ratio (%) 72.27 72.16
Robust Business Growth of over ` 1 lakh Crore
Overseas Business Constituted 3.8%
Amt. in ` Crore
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CORE DEPOSITS GROWTH
22% Growth in CASA
March11 March10 Y-o-Y Gr
Savings Deposits 58617 49875 17.5%
CASA Deposits 83117 68261 21.8%
Term Deposits 210856 166390 26.7%
CASA Ratio 30.30% 29.85% --
CASA Per Branch 25.52 22.41 --
Amt. in ` Crore
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CREDIT FOCUS
March11 March10 Y-o-Y GrPriority Sector Credit 70757 59310 19.3%
Agriculture Credit 29656 25052 18.4%
MSME Advances 37684 31074 21.3%
Retail Lending 31572 23902 32.1%
Housing 15219 10116 50.4%
Infrastructure Advances 34702 25388 36.7%
Industrial Advances 118281 87504 35.2%
Well Diversified Credit Portfolio
Amt. in ` Crore
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PIONEERS IN EDUCATION LOAN
Education Loans grew by 21% y.o.y
Outstanding Education Loans at `3503 crore
The portfolio covers over 1.93 lakh students
On-line Education Loan application in web portal
Number ONE amongst Nationalized BanksIn Outstanding Education Loans
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CANARA NAYEE DISHA DRIVING 100% FINANCIAL INCLUSION
Mobilised over 6.02 lakhs No-frill Accounts during this year.
. Cumulative No-frill Accounts 27.84 lakhs(` 520 Cr)
Issued over 3.02 lakhs General Credit Cards (`463 Cr)
19 Exclusive Micro-Finance Branches to help Urban Poor
Cumulative SHG Tally up at 3.51 Lakhs ..Credit Linked 3.20
Lakhs
Total Exposure under SHG (`1064 cr) spread over 90172 SHGs
10 Financial Literacy and Credit Counselling Centres (FLCCs)
in Kerala, Tamil Nadu, Karnataka and Bihar.
Canara Financial Advisory Trustto manage FLCCs
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PRODUCTIVITY RATIOS
March11 March10
Business per Employee (`Crore) 12.28 9.83
Business per Branch (` Crore) 155.49 132.63
Gross Profit per Employee (` Lakh) 14.81 12.28
Net Profit per Employee (` Lakh) 9.76 7.36
Jump in Business Per Employee and Business PerBranch
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Figures in the brackets are percentage shares intotal
INVESTMENT PORTFOLIOAmt. in ` Crore
March11 March10
Net Investments (Domestic) 83208 69114
Held to Maturity
61127
(73.5%)
54516
(78.9%)
Available for Sale
21830
(26.2%)
14182
(20.5%)
Held for Trading
251
(0.30%)
416
(0.6%)
Mar11 Mar10
SLR Portfolio 71485 (85.7%) 63175 (91.2%)
Non SLR Portfolio11959 (14.3%) 6089 (8.8%)
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DURATION OF INVESTMENT PORTFOLIODuration of AFS book and Total Investmentbook
Details Mar11 Mar10
Duration of AFS Book 2.35 yrs 2.04 yrs
Duration of HTM Book 5.87 yrs 5.87 yrs
Duration of Total Investment
Book4.95 yrs 5.17 yrs
Modified Duration of AFS book and Total Investment book
Details Mar11 Mar10
Modified duration of AFS Book 2.23 yrs 1.93 YrsModified duration of HTM Book 5.64 yrs 5.65 Yrs
Modified duration of TotalInvestment Book
4.75 yrs 4.97 Yrs
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ASSET QUALITY
Provision Coverage Ratio at 72.99%
Record Cash Recovery at `2032 crore
March11 March10
Gross NPA (` Crore) 3089 2590
Gross NPA Ratio (%) 1.45 1.52
Net NPA (` Crore) 2347 1800
Net NPA Ratio (%) 1.11 1.06
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Movement of NPAAmt. in ` Crore
Mar11 Mar10
Opening Balance 2590 2168
Fresh Slippages (+) 3508 3266
Upgradation (-) 889 866
Cash Recovery (-) 1625 1094
Write-off (-) 495 884Closing Balance 3089 2590
ImplementedSystem Driven NPA
Classification for A/Cs above ` 10 lakh
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Sectoral NPA
Amt. in ` Crore
Mar 11 Mar 10
Micro & Small Enterprises 555 394
Agriculture 663 462
Other Priority Segments 474 567
Medium Enterprises 135 102
Large Industries 300 299
Non-Priority Segments 962 766
Total 3089 2590
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Amount Restructured During Q4 FY11
Amt. in ` Crore
No. ofAccounts Amount
Agriculture 42 9.0
MSME 17 7.4
Housing 7 0.2
Large Advances 4 16.3
Others 172 124.6
Total 242 157.5
101 restructured accounts from Agriculture
Slipped during Q4, amounting to ` 1 crore
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Total Amount under Restructured Accounts As onMar11
Amt. in ` Crore
No. ofAccounts Amount
Agriculture 40965 600
MSME 4546 705
Housing 11086 528
Large Advances 2720 4917
Others 35107 1328
Total 94424 8078
Total Slippages out of the above - `655 Crore
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COMFORTABLE CAPITAL POSITION
Adequate Headroom for further Capital Augmentation
CRAR of 15.38%at Mar11
Tier I ratio at 10.87%
Tier II ratio at 4.51%
Raised `750 Cr under IPDI and `1000 Cr under Upper Tier II
Bonds.
Raised `1993.20 crore through the QIP issue.
Govt. holding reduced from 73.17% to 67.72% post QIP
Paid-up Capital rose to `443 crore
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10.87%
8.54%8.01%7.01%7.17%
4.51%
4.89%6.09%6.24%6.33%
0%
2%
4%
6%
8%
10%
12%
14%
16%
M ar.0 7 M ar.0 8 M ar.0 9 M ar.1 0 M ar.1 1
Tier I capital Tier 2 capital
9.0%MinimumTotalCRAR
6.0%MinimumTier ICRAR
15.38%*TotalCRAR
%
CAPITAL ADEQUACY Basel II
13.50% 13.25%* 14.10*
* Mar08 onwards - as per Basel II
13.43*
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BeyondNumbers
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EXPANDING THE REACH
Strategic Initiatives
Focus on Expanding Domestic Branch Network.
Addition of 211 branches and 199 ATMs during FY11.
Significant rise in number of Savings Bank accounts.
Over 16 lakhs new SB accounts added SavingsMahotsav campaign
March11 March10 Y-o-Y Incr
Branch Network 3257 3046 211
ATM Strength 2216 2017 199
Card Base (In Lakh) 59.69 49.96 9.73
DEDICATING 100 BRANCHES AND 100 ATMS
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DEDICATING 100 BRANCHES AND 100 ATMSTO THE NATION - ON 19thNov 2010
Inauguration of 100 branches and ATMs across India by
Honble Union Finance Minister in New Delhi
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EXPANDED CLIENTELE BASE
March11 March10Y-o-Y
Incr
Clientele Base 387 373 14
- No of Deposit A/Cs 342 329 13
- No of Borrowal A/Cs 45 45 -
3.87 crore strong clientele base
(In Lakhs)
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INFOTECH PROGRESS
March11
Core Banking Branches All Branches
Internet Banking Branches All Branches
NEFT and RTGS All Branches
100% Business under Core Banking Branches
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LAUNCH OF NEW TECH-PRODUCTS
Basket of Technology Products for Customer Convenience
ASBA, Gift Cards, Canara Debit Card- Platinum, Canara CampusCards, Withdrawal at PoS, Bills Desk for Utility Bills Payment
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GOALS FOR FY12
Aiming at a Total Business of ` 6.25 lakh crore by Mar12 ` 3.55 lakh crore under Deposits
` 2.70 lakh crore under Advances
Over 250 new branches to be opened during FY12
To Take ATM strength to 4000 by March 2012, by adding 1784ATMs during the year.
Thrust on growing Retail Business- Retail Deposits andRetail Advances
Plans to Open Branches at Manama, QFC-Qatar, SouthAfrica, Germany, the USA, Brazil, Tanzania andRepresentative Office in Tokyo, Japan
Survey to open Branches inSri Lanka, Nigeria and Kenya
completed
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