Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.02% | +0.10 | 0.92% |
| Return on Equity (%) | ▲ | 12.39% | +3.57 | 8.82% |
| Net Interest Margin (%) | ▲ | 2.85% | +0.18 | 2.66% |
| Efficiency Ratio (%) | ▲ | 54.03% | -3.83 | 57.86% |
| Pre-Provision Profit ($M) | ▲ | $23 | +3.60 | $19 |
| Cost of Funds (%) | ▲ | 1.35% | -0.07 | 1.42% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $6,507 | +169.79 | $6,338 |
| Gross Loans ($M) | ▲ | $5,290 | +174.03 | $5,116 |
| Loan Growth YoY (%) | ▲ | 92.65% | +0.50 | 92.16% |
| Total Deposits ($M) | ▲ | $5,652 | +155.68 | $5,497 |
| Shareholders Equity ($M) | ▼ | $539 | -119.87 | $659 |
| Tang. Book Value ($M) | ▼ | $539 | -119.87 | $659 |
| TBV excl. AOCI ($M)** | ▼ | $554 | -121.10 | $675 |
| Loan / Deposit Ratio (%) | ▲ | 92.65% | +0.50 | 92.16% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.35% | +0.02 | 0.33% |
| Allowance / Loans (%) | — | 1.00% | 0.01% | 0.99% |
| Net Charge-Off Ratio (%) | ▼ | 0.41% | +0.04 | 0.37% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 14.26% | -4.40 | 18.66% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▆▇█ | Net Interest Margin (%) | 2.51% | 2.54% | 2.56% | 2.66% | 2.70% | 2.74% | 2.76% | 2.85% |
| ▁▁▁▅▆▇▇█ | Return on Assets (%) | 0.82% | 0.83% | 0.81% | 0.92% | 0.94% | 0.97% | 0.97% | 1.02% |
| ▇▇█▄▃▃▂▁ | Efficiency Ratio (%) | 60.0% | 60.6% | 61.7% | 57.9% | 56.8% | 56.1% | 55.9% | 54.0% |
| █▇█▄▅▆▃▁ | Cost of Funds (%) | 1.50% | 1.47% | 1.48% | 1.42% | 1.44% | 1.45% | 1.40% | 1.35% |
| ██▆▅▁▂▇█ | NPA / Assets (%) | 0.35% | 0.36% | 0.34% | 0.33% | 0.30% | 0.31% | 0.34% | 0.35% |
| ▅▅▃▃▁▂▇█ | Net Charge-Off Ratio (%) | 0.38% | 0.38% | 0.37% | 0.37% | 0.35% | 0.36% | 0.39% | 0.41% |
| ▆▇▇███▁▁ | Tang. Book Value ($M) | $631 | $643 | $649 | $659 | $668 | $675 | $524 | $539 |
| ▁▂▂▃▄▅▇█ | Gross Loans ($M) | $5,039 | $5,072 | $5,099 | $5,116 | $5,157 | $5,192 | $5,252 | $5,290 |
| ▁▁▃▅▅▅▇█ | Total Deposits ($M) | $5,277 | $5,264 | $5,391 | $5,497 | $5,490 | $5,481 | $5,557 | $5,652 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 11% |