Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.00% | +0.21 | 0.79% |
| Return on Equity (%) | ▲ | 5.53% | +0.17 | 5.36% |
| Net Interest Margin (%) | ▲ | 1.64% | +0.10 | 1.54% |
| Efficiency Ratio (%) | ▲ | 25.30% | -7.43 | 32.73% |
| Pre-Provision Profit ($M) | ▲ | $26 | +0.80 | $25 |
| Cost of Funds (%) | ▲ | 1.75% | -0.51 | 2.25% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $9,030 | -1191.80 | $10,221 |
| Gross Loans ($M) | ▼ | $4,907 | -606.04 | $5,513 |
| Loan Growth YoY (%) | ▲ | 67.58% | +2.31 | 65.27% |
| Total Deposits ($M) | ▼ | $7,237 | -1181.80 | $8,419 |
| Shareholders Equity ($M) | ▲ | $1,644 | +121.21 | $1,523 |
| Tang. Book Value ($M) | ▲ | $1,644 | +121.21 | $1,523 |
| TBV excl. AOCI ($M)** | ▲ | $1,750 | +123.84 | $1,627 |
| Loan / Deposit Ratio (%) | ▲ | 67.58% | +2.31 | 65.27% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.47% | +0.06 | 0.41% |
| Allowance / Loans (%) | — | 0.34% | 0.01% | 0.33% |
| Net Charge-Off Ratio (%) | ▼ | 0.87% | +0.10 | 0.77% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 59.16% | +11.58 | 47.58% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▁▅▅▆▆█ | Net Interest Margin (%) | 1.47% | 1.44% | 1.45% | 1.54% | 1.56% | 1.57% | 1.58% | 1.64% |
| ▁▁▂▂▄▄▅█ | Return on Assets (%) | 0.77% | 0.74% | 0.80% | 0.79% | 0.85% | 0.85% | 0.87% | 1.00% |
| ▂▄▅█▅▃▂▁ | Efficiency Ratio (%) | 27.1% | 28.7% | 29.6% | 32.7% | 29.9% | 28.0% | 27.2% | 25.3% |
| █▆▅▄▄▃▁▁ | Cost of Funds (%) | 3.08% | 2.64% | 2.48% | 2.25% | 2.28% | 2.12% | 1.91% | 1.75% |
| ▁▃▄▁▄█▄▅ | NPA / Assets (%) | 0.41% | 0.44% | 0.45% | 0.41% | 0.46% | 0.51% | 0.46% | 0.47% |
| ▄▂▅▁▃█▃▆ | Net Charge-Off Ratio (%) | 0.83% | 0.79% | 0.84% | 0.77% | 0.81% | 0.91% | 0.82% | 0.87% |
| ▂▁▄▄▅▆▇█ | Tang. Book Value ($M) | $1,472 | $1,427 | $1,512 | $1,523 | $1,543 | $1,572 | $1,604 | $1,644 |
| █▇▆▅▄▃▂▁ | Gross Loans ($M) | $5,948 | $5,799 | $5,663 | $5,513 | $5,337 | $5,199 | $5,052 | $4,907 |
| █▄▅▄▁▁▁▁ | Total Deposits ($M) | $10,259 | $8,712 | $8,763 | $8,419 | $7,407 | $7,563 | $7,253 | $7,237 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Interest-Bearing (core) | 100% |