Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.69% | +0.38 | 1.31% |
| Return on Equity (%) | ▼ | 6.11% | -0.99 | 7.10% |
| Net Interest Margin (%) | ▲ | 2.34% | +0.45 | 1.89% |
| Efficiency Ratio (%) | ▲ | 15.39% | -1.41 | 16.80% |
| Pre-Provision Profit ($M) | ▼ | $14 | -3.84 | $18 |
| Cost of Funds (%) | ▲ | 1.43% | -0.85 | 2.27% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $2,700 | -1622.50 | $4,323 |
| Gross Loans ($M) | ▼ | $1,780 | -301.10 | $2,081 |
| Loan Growth YoY (%) | ▲ | 99.51% | +36.35 | 63.15% |
| Total Deposits ($M) | ▼ | $1,786 | -1504.78 | $3,291 |
| Shareholders Equity ($M) | ▼ | $770 | -50.19 | $820 |
| Tang. Book Value ($M) | ▼ | $770 | -50.19 | $820 |
| Loan / Deposit Ratio (%) | ▲ | 99.51% | +36.35 | 63.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.81% | +0.20 | 0.61% |
| Allowance / Loans (%) | — | 0.14% | 0.02% | 0.13% |
| Net Charge-Off Ratio (%) | ▲ | 1.21% | -0.05 | 1.27% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 75.99% | +21.08 | 54.91% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▄▅█ | Net Interest Margin (%) | 1.65% | 1.72% | 1.70% | 1.89% | 1.97% | 1.97% | 2.07% | 2.34% |
| ▁▁▂▄▆▅▆█ | Return on Assets (%) | 1.07% | 1.07% | 1.15% | 1.31% | 1.49% | 1.45% | 1.48% | 1.69% |
| █▇▇▂▁▁▁▁ | Efficiency Ratio (%) | 25.0% | 23.3% | 22.7% | 16.8% | 16.2% | 15.5% | 15.1% | 15.4% |
| ██▆▆▇▄▃▁ | Cost of Funds (%) | 2.63% | 2.56% | 2.24% | 2.27% | 2.45% | 2.00% | 1.85% | 1.43% |
| █▄▁▁▆▄█▆ | NPA / Assets (%) | 0.89% | 0.74% | 0.63% | 0.61% | 0.81% | 0.76% | 0.92% | 0.81% |
| ▇▂▃▂██▇▁ | Net Charge-Off Ratio (%) | 1.39% | 1.25% | 1.27% | 1.27% | 1.43% | 1.43% | 1.39% | 1.21% |
| ▃▃▄▆▇█▁▂ | Tang. Book Value ($M) | $785 | $785 | $804 | $820 | $838 | $851 | $758 | $770 |
| █▇▆▅▄▃▁▁ | Gross Loans ($M) | $2,321 | $2,236 | $2,158 | $2,081 | $2,002 | $1,923 | $1,848 | $1,780 |
| ▅▆██▃▅▁▁ | Total Deposits ($M) | $2,777 | $2,919 | $3,502 | $3,291 | $2,407 | $2,667 | $1,916 | $1,786 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Interest-Bearing (core) | 100% |