financial_analysis
at position 65–70%
142 slides where a page of type financial analysis falls in the 65–70% range of its deck.
Lebanon Economic Vision
“In order to sustain projected growth in start-up and reach ~4.2 USD Bn ecosystem valuation , ~100-180 USD Mn of VC funds are required”
Every year, ~100-180 USD Mn of VC funding should be secured to sustain the sector's projected growth
100-180 USD Mn · VC funding requirement
2024 Air Street Capital The State of AI Report 2024
“Driven by public companies, AI companies reach nearly $9T in value”
Publics alone now enjoy a greater enterprise value than the entire market in 2023.
$9T · Enterprise Value
American Express Investor Day 2024
“This continued improvement in Operating Leverage has enabled us to increasingly invest in Technology”
~$600M (+40%)
$2.1B · Tech Investment
Hydrogen applications and business models
“In the reference scenario, a total subsidy of €0.7 billion is required to make the H-vision project profitable given avoided ETS certificates of €3.4 billion”
In the reference scenario, a total subsidy of €0.7 billion is required to make the H-vision project profitable given avoided ETS certificates of €3.4 billion
€0.7 billion · NPV
Hydrogen applications and business models
“The H-vision project could help avoid 27 to 130 Mtpa of CO2 over 20 years with an abatement cost of CO2 $97 to $213 per tCO2”
A CCS unit on the ATR has a capture rate of 88%. Therefore, CO2 emissions from hydrogen production for refinery use would be cut by 88%.
$97 to $213 · Abatement cost
Budgetanalyse af Forsvaret 2017
“...og billedet gentages, når der ses på den samlede effekt fra budgetanalysens tiltag”
Samlet set bliver personalestrukturen i VFK mere koncentreret i bunden med færre ledere i strukturen som følge af implementeringen af budgetanalysens effektiviseringsforslag.
Budgetanalyse af Forsvaret 2017
“Indikativt billede af budgetanalysens effekt på Forsvarets samlede økonomiske ramme i 2022 – lavt potentiale”
Implementering af samtlige effektiviseringsforslag indeholdt i budgetanalysen vil betyde at den samlede økonomiske ramme reduceres til 23,09 mia. kr. ved realisering af det lave potentiale for samtlig
23,09 mia. kr. · Budget reduction
Budgetanalyse af Forsvaret 2017
“Indikativt billede af budgetanalysens effekt på Forsvarets samlede økonomiske ramme i 2022 – højt potentiale”
Implementering af samtlige effektiviseringsforslag indeholdt i budgetanalysen vil betyde at den samlede økonomiske ramme reduceres til 22,81 mia. kr. ved realisering af det lave potentiale for samtlig
22,81 mia. kr. · Budget reduction
2023 Air Street Capital The State of AI Report 2023
“Trillions of value: The combined enterprise value of private and public companies using AI”
Public valuations dropped by 1/3 after 2021, but are on their way to recovering, while private market valuations remain stable and are yet to see a haircut.
$8T · Combined Enterprise Value
20240220 Barclays FY2023 Results and Investor Update Present
“Path to delivering RoTE in line with Group target by 2026”
4.1% · RoTE
20240220 Barclays FY2023 Results and Investor Update Present
“Long track record of growth and returns”
Origination incurs “J-curve” effects which dampens in-year RoTE Impact was significant post Covid-19 but will reduce with scale and more stable growth
8.5% · Receivables
20240220 Barclays FY2023 Results and Investor Update Present
“Higher delinquencies in US cards driving impairment reserve build”
Forecast LLR to trend towards long term average of c.400bps
1,438 · Total impairment charge
Annual Report 2018
2. Company financial statements
223,243 · Total Assets
Our Impact Plan 2024
Economic contribution
For FY23, KPMG reported annual aggregated global revenues of US$36.4 billion — an increase of 8 percent from FY22.
$36.4 billion · Annual aggregated global revenues
Our Impact Plan 2024
Gross revenue by function
$36.4bn · Gross revenue
mi guide to the markets uk
Government bond yields and subsequent returns
Current yield
mi guide to the markets uk
Government bond yield decomposition
mi guide to the markets uk
Yield cushion and diversification
guide to the markets asia
U.S. bond spreads and term premium
5.1% · Treasury yield
guide to the markets asia
U.S. investment grade bonds
89bps · Investment grade corporate bond spread
guide to the markets asia
U.S. high yield bonds
365bps · HY spread to worst
2025 05 28 Goldman Sachs Brazil Commodities Days
“Seizing opportunities with diversified funding sources”
With opportunity for compression in spreads
134 · G-spreads
2025 05 28 Goldman Sachs Brazil Commodities Days
CAPEX update
R$17.1 Bn · CAPEX
Socio-economic case for deepening solar PV deployment in Nig
“Based on current trajectory, total GHG emissions from generator is expected to increase by 45% in 2030, with residential segment contributing 19%”
88.60 · GHG emissions
The overall positive sentiment was also reflected in the sup
“Over the past five years, the gap between the valuation of automotive OEMs and suppliers has widened in favor of suppliers”
The valuation spread is currently at an all-time high – suppliers nearly trade at 2x the valuation of OEMs
13.3x · P/E NTM
Befesa Investor Presentation Goldman Sachs 4th Annual Carbon
“Proven resilience & growth through cycles”
Attractive growth track record with proven margin resilience despite volatile environment - driven by a successful service-focused business model & prudent financial practices
215 · EBITDA
Befesa Investor Presentation Goldman Sachs 4th Annual Carbon
“Befesa's resilience during latest crises”
Befesa has demonstrated resilient volumes and capacity utilisation levels during the latest crises
24% · EBITDA margin
mi gtm latam br en
Latin America valuations and earnings by country
10.6x · P/E ratio
morgan stanley virtual hk summit march 2022
Income statement key drivers
Net interest and trading income of $A3,032m, up 20% on 1H21.
2,043 · Profit attributable to MGL shareholders
morgan stanley virtual hk summit march 2022
“Increase driven by income related to the disposition of MIC assets and increased base fees, partially offset by gain on sale of Macquarie European Rail in prior corresponding period and lower performance fees”
Increase driven by income related to the disposition of MIC assets and increased base fees, partially offset by gain on sale of Macquarie European Rail in prior corresponding period and lower performa
1,305 · Net Profit Contribution
Goldman Sachs Sixteenth Annual ANZ Investment Forum Presenta
Income statement key drivers
$1,457m · Profit attributable to MGL shareholders
Goldman Sachs Sixteenth Annual ANZ Investment Forum Presenta
Income statement by Operating Group NPC
MAM: Increased performance fees and base fees, partially offset by higher operating expenses.
1,457 · NPAT
NCM SNCM Y 2022 SNCMP
“Ad-Supported TV's potential weekly reach fell 11% YoY”
Without the benefit of AVOD, Ad-Supported TV would have seen a 16% decline in average weekly reach of P2+.
11% · Average Weekly Reach
February Macro Brief
“Headline inflation pressures persist in the US, UK, and Euro area, while South Korea sees renewed momentum due to an uptick in services inflation”
Drivers of recent CPI inflation — Year-on-year % change and percentage point contributions from major goods and services categories
3.0% · Headline CPI YoY (Dec-24)
February Macro Brief
“Producers in the US, UK, and China face challenges in passing through costs to consumers costs due to softening demand and competitive pressures”
Producers in the US, UK, and China face challenges in passing through costs to consumers costs due to softening demand and competitive pressures
-0.5% · Input vs output PPI pass-through gap
Lazards Lcoeplus
“CCS systems benefit from federal subsidies through the IRA, making the LCOE of a gas combined cycle plant plus a CCS system cost-competitive with a standalone gas combined cycle plant in both a retrofit and new-build scenario”
CCS systems benefit from federal subsidies through the IRA, making the LCOE of a gas combined cycle plant plus a CCS system cost-competitive with a standalone gas combined cycle plant in both a retrof
$39 - $101/MWh · LCOE ($/MWh)
Lazards Lcoeplus
“CCS costs are still high and the majority of the capital cost of a CCS system consists of balance-of-system components”
CCS costs are still high and the majority of the capital cost of a CCS system consists of balance-of-system components
$3,086 · Capital Cost ($/kW)
20230215 Q422 FI Investor Presentation vFFF
“Strong legal entity capital and liquidity positions”
Continue to manage legal entity capital ratios with appropriate headroom to requirements
14.7% · CET1 ratio
Deutsche Bank Q4 FY 2024 Presentation
Net interest income (NII) sensitivity
Deutsche Bank Q4 FY 2024 Presentation
Interest rate hedge
Hedge contribution expected to grow further with limited sensitivity to short-term rates.
€ 3.4bn · Income from long-term hedge portfolio
Deutsche Bank Q4 FY 2023 Presentation
Net interest margin (NIM) / Net interest income (NII)
1.3% · Net interest margin
Deutsche Bank Q4 FY 2023 Presentation
Net interest income (NII) drivers for banking book
Lending activities are the key driver of the remaining increase, evenly split between volume growth and margin increase.
13.0 · Net interest income
Barclays H12023 Results Presentation
Impairment: Q223 corporate loan exposure
>30% of the Wholesale book is secured, increasing to >60% for the selected sectors.
£123bn · Corporate loan exposure
Gartner Introduction 2025
“We expect to grow quota bearing headcount (QBH) by 8-12% and CV by 12-16% over the medium-term”
14% · CAGR
Barclays H12023 Results Presentation
Risk weighted assets
336.9 · Risk weighted assets
Barclays Q12023 FI Presentation
“Highly liquid balance sheet”
LCR of 163%, with £122bn surplus above 100% requirement
£333bn · Liquidity Pool
20230215 Barclays FY22 Results Presentation
RWA
336.5 · RWA
20230215 Barclays FY22 Results Presentation
“CET1 ratio within 13-14% target range and above requirements”
13.9% · CET1 ratio
Presentation+Leonardo+GS+Investor+Meeting
“Solid business with civil recovering”
Growth driven by delivery of programmes in backlog, defence-governmental business and gradual recovery in civil, still affect by the pandemic
406 · EBITA
Accenture Post and Parcel Industry Research 2019
“5 HIGH PERFORMERS ADOPT A COMMERCIAL MIND-SET”
3.7 · Total return to shareholders
Deutsche Bank Q3 2024 Presentation
Interest rate hedge
Hedge contribution to NII steadily increased since 2022
€230bn · Net Interest Income
Deutsche Bank Q3 2023 Presentation
Provision for credit losses and stage 3 loans
245 · Provision for credit losses
Q4 FY 2024 Fixed Income Call
Level 3 assets and liabilities
Level 3 is an indicator of valuation uncertainty and not of asset quality.
€26bn · Level 3 assets
Newmark May 2023 FI Conference Presentation Vf Final
Analysis of Adjusted EBITDA Relative to Cash Flow and Cash Generated by the Business
Cash generated by the business, which is the above measure less cash used for employee loans (which we consider to be a form of investment, but which is recorded as part of operating cash flow), has a
82% · EBITDA conversion
Newmark May 2023 FI Conference Presentation Vf Final
“Management Services and Leasing Surpass Pre-Pandemic Levels, While Capital Markets Environment Remained Challenging”
$233.1 · Revenue
Barclays Q32023 FI Presentation
“CET1 ratio within 13-14% target range”
14.0% · CET1 ratio
The J M Smucker Co 2023 Barclays Presentation
CAPITAL EXPENDITURES
NEAR TERM ELEVATION DUE TO UNCRUSTABLES® SANDWICH CAPACITY EXPANSION
$550M · Capital Expenditures
Deutsche Bank Q1 2024 Presentation
Loan and deposit development
Deposits increased by € 9bn, or 1%, during the quarter adjusted for FX.
76% · Loan-to-deposit ratio
COVID-19 BCG Perspectives Publication #5 with a focus on Rev
“'Flatten' | Impaired economic activity (depth) and lockdown duration (length) yield full-year economic impact for 'Flatten' phase”
Need to combine pre-crisis, 'Flatten' & 'Fight' phase to conclude impact for 2020
-8% · Full-year economic impact
Barclays Q32023 FI Presentation
“Operating with a prudent buffer to each tier of capital requirements”
Operating with prudent buffers at each part of the capital stack to manage FX and RWA movements.
20.0% · Total capital ratio
Deutsche Bank Q1 2025 Presentation
Provision for credit losses and Stage 3 loans
471 · Provision for credit losses
Client Creditor Overview Q4 2023
“Robust underlying growth in loans and deposits”
Value-accretive pricing discipline and changes in portfolio mix drive targeted loan growth.
5% · CAGR
Client Creditor Overview Q4 2023
“Steady NII growth from long-term hedge portfolio”
Structural NII benefit from growing hedge contribution over the planning horizon
4.9 · NII
Client Creditor Overview Q4 2023
Provision for credit losses
Provisions stable quarter on quarter, with the primary driver remaining the impact of Commercial Real Estate within the Investment Bank.
417 · Provision for credit losses
Deutsche Bank Q4 2023 Fixed Income Call
Debt securities hold-to-collect portfolio
FV Gap of debt securities HTC equals 42 bps on CET1 ratio as of December 31, 2023
€22bn · Fair Value GAP
Deutsche Bank Q4 2023 Fixed Income Call
Derivatives bridge
DB's reported IFRS derivative trading assets of € 252bn would fall to € 16bn on a net basis, after considering legally enforceable master netting agreements in place and collateral received.
252bn · IFRS derivative trading assets
US Mail Volumes to 2020
“B2C Correspondence expected to fall 24%”
24% · B2C mail volume
Projecting US Mail volumes to 2020
“B2C Correspondence expected to fall 24%”
24% · B2C mail volume
Q3 2024 Fixed Income Call presentation
Leverage exposure and risk-weighted assets
1,284 · Leverage exposure
Deutsche Bank Q3 2023 Fixed Income Call
TLTRO development and forecast
€30bn TLTRO repayments over last 12 months
€30bn · TLTRO outstanding
Projecting US Mail volumes to 2020
“Bank Statement volume expected to fall 47%”
47% · Bank statement volume
Q3 2024 Fixed Income Call presentation
Derivatives bridge
DB's reported IFRS derivative trading assets of € 243bn would fall to € 22bn on a net basis, after considering legally enforceable master netting agreements in place and collateral received.
€ 22bn · Net derivative exposure
Deutsche Bank Q3 2023 Fixed Income Call
Net interest income sensitivity
Current observations on client pricing show a continued slower pass-through of interest rates to clients amplifying the impact of rate moves
145 · NII sensitivity
US Mail Volumes to 2020
“B2B/C2B Payment volume expected to fall 52%”
52% · Payment volume
Market Year in Review and Outlook 2021
TRREB MLS® System Average Price Forecast
Projecting US Mail volumes to 2020
“B2B/C2B Payment volume expected to fall 52%”
52% · Payment volume
Q3 2024 Fixed Income Call presentation
Level 3 assets and liabilities
Level 3 is an indicator of valuation uncertainty and not of asset quality.
€ 26bn · Level 3 assets and liabilities
Deutsche Bank Q3 2023 Fixed Income Call
Additional funding disclosure
€116bn · Capital markets issuance outstanding
Q1 2025 Fixed Income Call
Derivatives bridge
DB's reported IFRS derivative trading assets of € 233bn would fall to € 13bn on a net basis, after considering legally enforceable master netting agreements in place and collateral received.
€13bn · Net derivative exposure
Q1 2025 Fixed Income Call
Level 3 assets and liabilities
Level 3 is an indicator of valuation uncertainty and not of asset quality.
€ 26bn · Level 3 assets
2020 cib investor day
“Securities Services has delivered strong performance, despite headwinds”
4.1 · Revenue
The Lithium-Ion (EV) battery market and supply chain
“Regionalization of supply chain can reduce political and logistics risk, vertical integration can reduce costs – supply chain set-up to be evaluated case-by-case”
Regionalization of supply chain can reduce political and logistics risk, vertical integration can reduce costs – supply chain set-up to be evaluated case-by-case
97.5 · USD/kWh
20190312 Deutsche Bank MIT Conference
“Historical Financial Overview – Continued Growth”
$405 · Net Revenue
e03d5b95 7f97 45dd 967f 891c3bf12198
Valuation: Absolute and Relative
21.5 · NTM P/E
Elevating the Exchange
“With their traditional, fee-based, income margins squeezed by intensifying competition, exchanges will need to respond by finding new revenue sources that build on strong digital cores.”
Our research shows, however, that over the past 10 years, the non-traditional segment has been growing in proportion (Figure 6).
24% · Non-traditional services share of exchange revenue
Monitor Deloitte’s 2022 Chief Transformation Officer Study —
04 | Creating Value in European Esports – Esports teams
Most teams also rank achieving profitability behind further growth ambitions among their business priorities, clearly stating their intention to extend their esports business further.
56% · Profitability
Deutsche Bank Q1 2024 Fixed Income Call
Leverage exposure and risk-weighted assets
1,254 · Leverage exposure
350e000c acff 48f1 ab1e fc2abe7a5f3c
Valuation: Absolute and Relative
20.2 · NTM P/E
20210628 Lanxess Presentation MS Cannon Ball Run Field Trip
“Exceptional items (on EBIT) on previous year level, reflecting mainly costs for M&A projects”
27 · Exceptional EBIT items
20210628 Lanxess Presentation MS Cannon Ball Run Field Trip
“Maturity profile actively managed and well balanced”
All group financing executed without financial covenants.
2% · Debt maturity
New US tax/tariff proposals and their impact on the US autom
“Under the Trump proposal, company profits would fall unless the additional costs are passed along to the consumer as price increase”
If companies can't pass costs on to the customer, profits would erode significantly - in this example by about 26%. The most likely result are price increases for the consumer - in this example more t
26% · After-tax income
TSN Barclays Consumer Staples FINAL
FY17 Outlook
Expect AdvancePierre to have an incremental impact of approximately $550 million
$4.95-5.05 · Adjusted EPS
Goldman Sachs 2024 Aircraft Leasing Conference
“Lease Rental Income Drives Revenue”
1,174 · Total revenues
New US tax/tariff proposals and their impact on the US autom
“Under the GOP proposal, the same profit erosion occurs, unless the dollar appreciates 25% or prices are increased with more than 10%”
If companies can't pass costs on to the customer, profits would erode significantly - in this example by about 19%
320 · After-tax income
TSN Barclays Consumer Staples FINAL
FY18 Outlook
Topline growth of ~6% as we grow volume and have full year benefit of AdvancePierre
$41B · Sales
Goldman Sachs 2024 Aircraft Leasing Conference
“Long-Term Leases A Key Feature of the Company”
Average remaining lease term of 7.8 years
7.8 · Average remaining lease term
160316 BBVA MS Conference tcm927 569522
“Spain: Provisions reduction, as the main P&L driver”
Levers in a low interest rate environment: Price management, Focus on Fee income growth, Cost control (CX synergies).
€554Mn · Net Attributable Profit
barclays ceo energy power conference 2018
Historical Contribution by Product Line
Client Creditor Overview Q3 2023 incl S&P update
Debt securities Hold-to-Collect portfolio
FVG of debt securities HTC equals 61bps on CET1 ratio as of September 30, 2023
€22bn · Fair Value Gap
Client Creditor Overview August 2023
Net balance sheet
Resilient balance sheet; Liquidity reserves account for 24% of net balance sheet; Conservative loan-to-deposit ratio; Highly diversified and stable funding profile with ~60% of net balance sheet funde
€ 1,007bn · Net balance sheet
uefa weuro 2025 approaching the summit en may 2025
5.3 ECONOMY AND TOURISM
Under central case assumptions, the total GVA impact of UEFA Women's EURO 2025 for Switzerland is projected to reach CHF 180m.
CHF 180m · Gross Value Added (GVA)
Client Creditor Overview August 2023
Loan book and CLP guidance
FY 2023 expected at the upper end of existing guidance range of 25-30bps reflecting an uncertain macro environment
€482bn · Provision for credit losses
Reinventing for resilience
“Technology strength is related to long-term profitable growth, especially when combined with strong business capabilities”
Companies achieving long-term profitable growth display a commitment toward developing a digital core, with a consistently higher share of investments in new technologies, innovation and cybersecurity
37% · Share of profitable growth companies (High-Tech/High-Business segment)
Saudi Arabia Banking Pulse
“Top four banks largely drove the deterioration in aggregate cost of risk”
Top four banks largely drove the cost of risk for the quarter.
Saudi Arabia Banking Pulse
“Higher operating income and improved cost efficiency resulted in increased ROE”
Aggregate RoE improved (+0.56% point QoQ) to 17.4% in Q3'24
17.4% · Return on Equity
KSA Banking Pulse Q3 2024
“Higher operating income and improved cost efficiency resulted in increased ROE”
Aggregate RoE improved (+0.56% point QoQ) to 17.4% in Q3'24
17.4% · Return on Equity
2023 MS Conference Presentation
“Cash flow hedges continue to protect NIM”
Swap protection extends through 2031 ~ $125MM uplift starting in 2025 regardless of rate environment
$15 · EOP notional value
2024 icc men’s t20 world cup economic impact report
“Accommodation spends through the event generated approximately $52.1M from the event for the economy”
$52.1M · Accommodation Spend
Economic Impact Assessment ICC Men’s T20 World Cup 2024 - Te
“Accommodation spends through the event generated approximately $52.1M from the event for the economy”
$52.1M · Accommodation Spend
Client Creditor Overview Q1 2024
Commercial Real Estate (CRE) 1 / 2
Interest rate environment remains key driver for refinancing risk and potential CLPs in 2024, especially in office, with further drivers being ongoing sponsor support and expiring rental agreements.
€ 38bn · CRE portfolio value
Eyepoint Goldman Sachs June 10 2025
“Excluding a Single Outlier Patient, DURAVYU 2.7mg Improved +10 Letters vs. Baseline; Nearly +3 Letters Better than Control”
DURAVYU 2.7mg (ex outlier) +2.8
+10.1 · Change in ETRDS letters
Corporate Ventures in Sweden
“No correlation between R&D spend and value creation”
Top 50 largest Swedish corporations (Market Cap)
20240220 Barclays FY2023 FI Call Slides
“Income: predictable uplift from the structural hedge”
Gross contribution resilient to marginal changes in rates and notionals
£3.8bn · Gross Structural Hedge income
Third Quarter 2024 Results
Consolidated Financial Summary
1,484 · Revenues
Moneyball Moment Marketing Canada
“ADVERTISERS SEE GREATER RETURNS ON AN ADDITIONAL DOLLAR SPENT ON TV ADS COMPARED TO ONE SPENT ON OTHER CHANNELS”
At current spend levels, TV's response curve remains the most linear, indicating higher marginal ROIs will continue with incremental spend
Third Quarter 2024 Results
Quarterly Financial Summary Charts
5,042 · Contract Value
Client Creditor Overview Q1 2025
“Significant amount of loss-absorbing capacity”
Q1 2025 loss-absorbing capacity significantly above all regulatory requirements, with MREL remaining most binding constraint.
€118bn · TLAC
Tenth Annual Leveraged Finance and Credit Conference
Annual Financial Highlights
4.2% · Adjusted EBITDA
2024 Bond Cap USA report 2025 exhibits
“Entitlement Spending + Interest Payments Alone Were More Than Total Federal Government Revenues in 2020... & Will Be Again in 2025, Per CBO...Think About That!”
2011's report also forecasted a crossing of curves in 2025; however, the COVID-19 pandemic caused this to first happen earlier than expected
3.7pp · Percentage of GDP
original
“Q1 FY'21 PERFORMANCE: ALIGNED WITH INVESTMENT THESIS”
Q1 FY'21 performance is aligned with the investment thesis, demonstrating strong organic revenue growth, margin expansion, and prudent capital deployment.
70-80% · ADEPS growth
Investment Community Presentation Barclays Energy Conference
“10-12% CAGR through 2024”
Confidence in 10 – 12% long term dividend growth outlook
10-12% · Dividend per share CAGR
barclays americas select franchise conference final 5 8 24
1Q24 Underlying financial performance detail(1)
CFG performance reflects solid Legacy Core results, investment in Private Bank and impact from Non-Core.
$395 · Net income
IIF/McKinsey Cyber Resilience Survey
“The protect function is getting the most spending; other functions need more”
38% of companies said they are overspending on the protect function; this could stem from a past focus on shoring up the network and infrastructure. However, companies may not be paying enough attenti
38% · Percentage of respondents
barclays americas select franchise conference final 5 8 24
“Significant NII contribution from Non-Core and swaps in 2025 and beyond given run off and lower rates”
1Q24 NIM of 2.91% expected to benefit ~62 bps by 4Q27 from Non-Core and swaps, partially offset by a ~15-25 bps impact of an asset sensitive core balance sheet, resulting in a medium-term NIM outlook
3.25-3.40% · NIM
Investor Presentation Deck
“Reiterating Our FY 2025 Forecast”
On Track to Exceed the High-end of Investment Thesis Delivering >50% EBITDA Growth Since FY21
12.0% - 13.0% · Revenue Growth
GOLDMAN SACHS MEDTECH AND HEALTHCARE SERVICES CONFERENCE
FINANCIAL REVIEW
Saudi Arabia Banking Pulse Quarter 3, 2022
“SIB and ANB majorly drove the aggregate cost of risk”
Aggregate cost of risk improved (-9bps QoQ) to 0.4% in Q3'22 compared to 0.5% in Q2'22
-9bps · Cost of Risk (bps)
PR Barclays Presentation 9.06.22 FINAL Update
“Strong Balance Sheet Supports Business Plan and Shareholders”
No near-term maturities
0.9x · Net Debt / LQA EBITDAX
2022 firm overview
“Strong capital generation and a resilient balance sheet positions us well for the future”
~$13-22B of excess capital available for incremental business opportunities or distributions
13.7% · CET1 ratio
Keynote address
“Transaction valuation levels remained inflated, putting significant pressure on capital deployment”
13.2x · EV/EBITDA multiple
IAB FY 2018 Podcast Ad Revenue Study
Revenue by Pricing Model – 2017 to 2018
Cost per thousand continues to be the dominant pricing method in 2018. Cost per acquisition is no longer significant.
85.7% · Revenue share by pricing model
firm overview
“Our excess capital supports increased buybacks, but we remain cautious”
Supports increase of buybacks compared to modest pace in recent quarters
$78B · Excess Capital
07 investorupdate2018 pc
“Increasing efficiency”
Cost/income ratio to decrease ~3-4ppts 2021 vs. 3Q18 LTM pro-forma
~3-4ppts · Cost/income ratio
Tillsonburg IT Strategic Review
Current budgetary placeholders
A key area for consideration is allocating sufficient funds for people resources, whether through the County or contractors to complete the recommended initiatives.
$706,700 · Budgetary allocation
2019 cb investor day ba56d0e8
“Consistent risk focus and smart growth across our portfolio”
$206 · Average loans
goldman sachs dec 2023 final 12 5 23
“Significant NII tailwind from Non-Core and swaps in 2025 and beyond”
~60 bps · NIM Tailwind
csg investor day 2016 sru
“Continued reduction of operating expenses”
On track to reduce quarterly expenses to ~USD 110 mn by 4Q19
110 mn · Operating expenses
2023.05.31 Bernstein Conference
“Path to Doubling WM Pre-Tax Profit”
$12Bn+ · Pre-Tax Profit
GSBD Investor Presentation Q1 2023 vF
Quarterly Balance Sheet
$3,385,001 · Total Assets
Review of 2024 capital markets performance
“Increasing multiples drove a significant part of returns. P/E Ratios are now 3-4 turns above their historical averages”
16 · P/E Ratio
EFX+ +Barclays+Credit+Bureau+Day+Presentation+2023
“New EFX... Accelerating free cash flow...Capex shifting from Cloud to NPIs and innovation”
Accelerating free cash flow available for increasing dividends and share buyback
85% · Free cash flow after dividends as % adj net income
ey connecting the dots m a deals in technology services in 2
“Public market valuation: Growth, optimism and liquidity drive pockets of outperformance”
Globally listed companies reverted to the pre-COVID levels in 2024 despite a weaker macro environment with uncertainty around IT spending trends for NTM and recovery of discretionary spends.
54.7x · EV/EBITDA