GFH Bank BSC (DFM:GFH)

Q4 2024 GFH Financial Group BSC Earnings Call Transcript

Feb 16, 2025 / 10:00 AM GMT

Transcript

Key Points

Positve

GFH Financial Group BSC (DFM:GFH) achieved a net profit attributable to shareholders of $118.5 million, marking a 15% increase compared to 2023.
The group delivered a 40% increase in income for the 12-month period, reaching $677 million, driven by strong performance across all business verticals.
Assets and assets under management grew to $21.5 billion, with 48% of assets in cash and treasury portfolio, indicating strong liquidity.
The capital adequacy ratio stands at 16.67%, liquidity coverage ratio at 195%, and net stable funding ratio at 137%, all above regulatory minimums.
The group successfully closed 13 investment banking deals and achieved notable exits, including an early exit from a joint investment in Citrix, resulting in a 7.3% IRR for investors.

Negative

Total expenses rose by 31% to $346.8 million, which could impact future profitability if not managed effectively.
The sale of the Brightest Education platform was not concluded by Q4 2024, delaying its financial impact until 2025.
Operating expenses increased due to expansion efforts in new jurisdictions, which may continue to pressure margins.
The fair value movement of the Treasury portfolio was negative, contrasting with a positive movement in the previous year.
Despite strong performance, the group's credit ratings remain at B, indicating room for improvement in creditworthiness.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

GFHB.BH - GFH Financial Group BSC
Q4 2024 GFH Financial Group BSC Earnings Call
Feb 16, 2025 / 10:00AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
A very good afternoon.

And a warm welcome to GFH Financial Group's 12 months and 4th quarter of 2024 results presentation.

My name is Surya Hariharan, and I will present you with the highlights of her financial performance during this period.

2024 has been another remarkable year of growth and profitability for the group. Our robust strategy has provided us with the stability needed to continue expanding our global footprint in support of top and bottom line growth, whilst also remaining resilient.

This slide highlights the group's performance in a glance for 2024. Robust financial performance. The group achieved net profit attributable to shareholders of US dollar $118.5 million up by 15%

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.