Power Point Report Samples
Upcoming SlideShare
Loading in...5
×
 

Like this? Share it with your network

Share

Power Point Report Samples

on

  • 5,525 views

Sample slides pulled from various financial / Credit Risk reports

Sample slides pulled from various financial / Credit Risk reports

Statistics

Views

Total Views
5,525
Views on SlideShare
5,518
Embed Views
7

Actions

Likes
0
Downloads
0
Comments
0

3 Embeds 7

http://www.slideshare.net 3
https://www.linkedin.com 3
http://www.linkedin.com 1

Accessibility

Upload Details

Uploaded via as Adobe PDF

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

Power Point Report Samples Presentation Transcript

  • 1. PowerPoint Report Samples: Designed to be read in hard copy (all information on slides is confidential) Overview: Strategic Realignment of Risk Mix Late Stage Delinquency and NCO Flow Trends Overview of WMI Portfolio Credit Risk Perspective Loans Newly 180 Days Past Due (DPD) Versus Net Charge-Offs The flow of new 180 DPD loans was $X.X Credit Outcomes Commentary $1,400 $1,400 billion in May, a X% increase over April. High Add Credit Risk & return $1,200 $1,200 The monthly pace has been an average X% Total Portfolio Delinquencies and NPLs ♦ Total delinquencies are $XX billion in May 2008, a in Subprime, Credit Loans Newly 180 Days Past Due in that month increase this year. $16,000 $ Delinquent (30+) $ NPL 6.4% X% increase from April. Total delinquencies represent X% of the portfolio. Delinquency Rate (30+) NPL Rate Cards and Alt-A $14,000 5.6% Expected Return $1,000 $1,000 Delinquency Balance (In $ Millions) Net charge-offs were $XXX million for the $ Net Charge Off (In $ Millions) $12,000 4.8% ♦ NPLs grew by X% in the month, driven mostly by 2009 Total Risk Perspective $800 $800 month of May. At $X.X billion, net charge- $10,000 4.0% net NPL additions in the SFR Prime, Purchased SMF, offs to date in 2008 have already doubled all (% of Portfolio) and HELOC portfolios. This drove the NPL rate up (in $ Millions) net charge-offs taken in 2007. $600 $600 2005 $8,000 3.2% 30 bps to X% of the portfolio. High $ Net Charge-Off in that month $6,000 2.4% 2004 More efficient risk mix $400 $400 ♦ Foreclosed assets rose $X million in May, and now The ratio of these net charge-offs to new 180 $4,000 1.6% total $X billion. May’s increase was the slowest $200 $200 DPDs was nearly X% in May. month-to-month increase in 2008. Adjust Mix Expected Return $2,000 0.8% Low Credit Risk High By looking at earlier stage delinquency $0 $0 $0 0.0% ♦ NPAs are now X% of total assets. 2009 balances i conjunction with th b l in j ti ith these roll ll 07 07 07 08 08 06 -07 r-07 -07 -07 7 -07 -07 07 -08 -08 r-08 -08 8 -08 -08 7 l-0 l-0 -0 ctt-0 -0 0 ted v- n- b- - y- n- l- n- b- r- y- n- l- c- r- g- p- c- - g- p- v ec Feb ar pr ug ep Feb ar A pr ug ep ay ay Ju Ju No 07 7 8 Ja Ju Ja Ju 6 06 7 7 07 7 7 7 7 8 8 08 De 7 7 07 8 M M O A M M D l-0 -0 A S A S -0 -0 -0 v-0 -0 b-0 n-0 n-0 -0 n-0 g -0 -0 ec- ay- ar- ar- r- ov ec Feb Sep ay ct Ju Apr rate relationships, we can gain a clearer No Ja Ju Ja Ap Fe Au O M M N D D M M Month of 180 DPD and/or Net Charge Off Market and Operational Risk Perspective 2005 Relation of Loans Newly 180 DPD to Prior Month’s 150 DPDs sense of near-term momentum for net Total Portfolio Net Charge-Offs High charge-offs. $1,400 $700 3.5% 2004 Loans Newly 150 Days Past Due in prior month $ Net Charge-Off ♦ Net charge-offs totaled $XXX million in May, almost X% higher than the monthly average ($XXX million) Annualized Net Charge-Of f Rate Decrease Market and $1,200 $600 3.0% Operational Risk for 1Q’08. The annualized monthly net charge-off Expected Return Low Total Risk High $1,000 $500 2.5% rate for the portfolio has more than doubled to X% Delinquency Balance (In $ Millions) Annualized NCO Rate since December 2007. Loans Newly 180 Days Past 2009 Due in that month (in $ Millions) $400 2.0% $800 2005 $600 $300 1.5% 2004 If all the loans 150 DPD in May roll to 180 $200 1.0% $400 DPD in June, there would be about $X.X $200 billion in new 180 DPDs in June. $100 0.5% Low Market Risk High $0 0.0% Forward rolls from 150 DPD to 180 DPD 7 7 7 7 8 8 6 6 7 07 7 7 7 7 8 08 7 07 08 -0 l-0 -0 -0 -0 n-0 b-0 n-0 -0 -0 -0 -0 n-0 b-0 g -0 $0 ar- ar- are typically close to X%. r- r- ov ec ov ec ay Sep ay ct Ju Ja Fe Ap Ju Ja Fe Ap Au O M M N D N D M M 07 07 07 08 08 06 07 7 7 7 7 7 7 07 08 8 8 8 8 8 8 7 -0 l-0 -0 -0 -0 l-0 -0 -0 -0 -0 -0 -0 -0 v- n- b- n- n- b- n- c- c- Our Strategic Plan emphasizes increasing the proportion of ar pr Aug ep ar pr Aug ep ay ay ct Ju Ju No Ja Fe Ju Ja Fe Ju De De M M A A O M M S S Month of 180 DPD and Potentially Flowing to 180 DPD or Net Charge Off total returns derived from Credit Risk. Monthly Credit Review Monthly Credit Review June 13, 2008 June 13, 2008 WaMu Confidential WaMu Confidential Cumulative Loss Tracking: Overview WMI Provision and Reserve ($millions) House Price Declines Deeper in Select States The green lines show the scenario range of Projected Change in House Prices per OFHEO Index Projected Change in House Prices per OFHEO Index charge-offs for each quarter. Ranges will be (California) (Arizona) Net Charge-off Flow Tracking: wider for the 1st and 2nd months of a quarter Cumulative Loss Tracking: compared with the quarter as a whole, as This quadrant tracks the flow of This quadrant tracks cumulative, 10% 10% Reserve Rollforward Year-over-Year Portfolio-Weighted outcomes for an individual month or two might 2007 Provision of $X million Percent Change in House Prices, Annual Rate Percent Change in House Prices, Annual Rate $X $1,975 Net Charge-Offs each quarter. not signal a trend. the sum of charge-offs to-date. $X $1,700 $X $1,685 replenishes depletion from $X Change (dashed line) million of charge-offs and builds 0% 0% $X $975 $X $770 Net Charge-Off Flow Tracking Cumulative Loss Tracking the reserve by about $X million. The solid green bar shows 17,500 The green lines show the -10% -10% actual net charge-offs to date 2,500 15,000 scenario range of cumulative Cumulative Net Charge-Off Quarterly Net Charge-Off for the quarter. 2,000 12,500 $(565) $(X) $(X) $(220) $(X) $(645) $(40) $(X) Year-over-Year State Change loss for each quarter. ($ millions) ($ millions) 1,500 10,000 2005 Charge Transfe r 2006 2006 Charge Transfe r 2007 2007 Plan 1,000 7,500 Actual Offs Effects Prov ision Fore cast Offs Effe cts Provision -20% (solid line) -20% 5,000 The black outline indicates the 500 2,500 quarterly rate of net charge- Q2 Q3 Q4 2009 2010 Q2 Q3 Q4 2009 2010 The solid green bar shows -30% -30% offs based on the actual net 2008 (Avg Qtrly) 2008 (Avg Qtrly) actual cumulative loss to date 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 2007 2008 2009 2010 2007 2008 2009 2010 charge-offs to date within the Scenario Range A ctual Quarter-to-date Actual Quarter-to-date at Quarterly Rate Scenario Range Cumulative NCO to date Cumulative NCO to date at Quarterly Rate for the quarter, and the black Changes in Required Reserve $X $1,975 About $X million of the increase in Actual Forecast/Future Actual Forecast/Future quarter. t outline indicates the $X $1,700 $1 700 $ $X $1,685 Severity Tracking Commentary 2007 ending Reserve is Allocated, • Commentary text extrapolation to the full quarter Projected Change in House Prices per OFHEO Index Projected Change in House Prices per OFHEO Index 60.0% with the remainder $X million Severity of Quarterly Net Charge-Off 50.0% of cumulative loss based on (Nevada) (Florida) Severity Tracking: 40.0% We will summarize Highlights here. the actual net charge-offs to $X $255 Unallocated increasing assuming 5% $X ($ millions) $X date for the quarter. $45 % Unallocated remains near X% 10% This quadrant tracks the 30.0% $35 Percent Change in House Prices, Annual Rate Percent Change in House Prices, Annual Rate 20.0% $(60) $(X) severity* of Net Charge- 10.0% 2005 Actual Allocate d Change Unallocate d Change 2006 Fore cast Allocate d Change Unallocate d Change 2007 Plan 0% 0% Offs each quarter. 0.0% Q2 Q3 Q4 2009 2010 2008 (Avg Qtrly) Scenario Range Actual Quarter-to-date -5% -10% Changes in Provision The green bar indicates loss The blue lines show the $X $975 severity to date for the quarter scenario range of loss severity $X The increase in the 2007 provision of $770 $X million relative to 2006 reflects a -10% for each quarter (or the -20% quarterly average range for $X million expected increase in 2009 and 2010). $X $X $210 $X charge-offs and a $X million swing in $80 $95 -30% -15% the Unallocated from a decline in 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 2007 2008 2009 2010 2007 2008 2009 2010 * Cumulative Severity to date among those loans with a charge-off of at least $10K in the given month; loans eligible for charge-off (eg. >180 days past $(X) $(180) 2006 to an increase in 2007. 2006 Prov ision Charge Offs Transfe r Allocate d Unallocated 2007 Prov ision due) that received smaller charge-offs or no charge-off are excluded from the numerator and denominator. Effects Re se rve Rese rv e Actual Forecast/Future Actual Forecast/Future FHLB SF Discussion WaMu Confidential 2007 Plan: Provision Input as of 10/31 WaMu Internal Use Only. Confidential Material • September 5, 2008 WM Confidential Limited Access By Scott Reed
  • 2. PowerPoint Report Samples: Designed to be read in hard copy (all information on slides is confidential) Cumulative Loss Tracking: Home Loans & Home Equity – March 2008 Pool Net Charge-Off Flow Tracking Cumulative Loss Tracking 2008 – 2010 Baseline Economic Outlook 2008 – 2010 Baseline Economic Outlook 17,500 2,500 GDP & Unemployment Projections Projected Change in House Prices per OFHEO Index 15,000 Implications (WaMu Portfolio) Implications Cumulative Net Charge-Off Quarterly Net Charge-Off 2,000 12,500 6.0% 6.0% 5% ($ millions) ($ millions) 1,500 10,000 7,500 National Unemployment Rate 1,000 5.0% 5.5% (right scale) 5,000 Consumers ability to pay 500 weakens in the tional Unemployment Rate 2,500 4.0% 5.0% borderline recession 0% period, contributing to a Real GDP Growth Q2 Q3 Q4 2009 2010 Loss Frequency Q2 Q3 Q4 2009 2010 further pickup in 2008 2008 (Avg Qtrly) 2008 (Avg Qtrly) net charge-offs Loss Severity will show 3.0% 4.5% further deterioration Scenario Range Cumulative NCO to date Cumulative NCO to date at Quarterly Rate Short duration and mild through Q1 2009 Scenario Range Actual Quarter-to-date Actual Quarter-to-date at Quarterly Rate nature of economic 2.0% 4.0% slowdown limits damage -5% Nat Real GDP Growth Severity Tracking Commentary (left scale) • April net charge-offs at $XXX million, or $X 1.0% 3.5% 60.0% Severity of Quarterly Net Charge-Off 50.0% billion at a quarterly rate, were within the $X Borderline Recession to $X billion range of expectations at this Period -10% 0.0% 3.0% 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 40.0% stage of the quarter. 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 ($ millions) 2007 2008 2009 2010 2007 2008 2009 2010 30.0% • After staying near the April levels in May and Actual Forecast/Future Actual Forecast/Future 20.0% June, net charge-offs are expected to move Gradual reversion to long-run 10.0% up to near $X billion in the third quarter. Sluggish economic Sub par GDP growth in 1st half a borderline 2007 depreciation Rate of decline in average home prices being of X percent by Q2 at -7 percent • Composite net charge-off severity was X% in increased by 2010 Recap recession. Outright recession averted in 2nd half of Recap growth began in latter OFHEO measures by OFHEO 0.0% half of 2007, and the 2008 as GDP growth snaps back. Unemployment Cumulative decline in 2008 and Q2 Q3 Q4 2009 2010 April. Severity is expected to trend up as unemployment rate edges down in 2009 measure and -13 2009 of about 16% by CSI percent by CSI 2008 (Avg Qtrly) home prices decline further and the mix of begins to edge up measure measure before positive growth Scenario Range Actual Quarter-to-date future losses shifts to high severity 2nd liens. returns WaMu Confidential 2008-2010 LRF Review - 1st Cut WaMu Internal Use Only – Confidential Material 2008-2010 LRF Review - 1st Cut WaMu Internal Use Only – Confidential Material Illustrative Provision Dynamics: 2008 – 2010 Baseline Economic Outlook Net Charge-Off and Provision Forecast Response to Persistent Step-Up in Growth of Net Charge-Offs Federal Reserve/ Federal Net Charge-Offs Provision Net Charge-Off Shock Provision Dynamics Financial Market Liquidity Policy $2,500 $5,000 1000 12500 Card Fed Funds Target Rate Projections Mortgage to 10Y Treasury Spread Projections 900 Commercial & Retail Small Business ALLL NCO Level (Quarterly Pace) Provision (Annualized Pace) Home Loans & Home Equity 10000 Provision (Quarterly Pace) 800 $2,000 $4,000 700 $X billion total 2008 provision Net Charge-Off ($ Millions) 2.5% 600 About $XX Million 7500 $1,500 $3,000 $ Million (in $ millions) (in $ millions) 500 4% 425 400 5000 About $X Billion 2.0% $1,000 $2,000 300 About $X Provision Million Response over 200 2500 175 first 4 quarters 2% $500 $1,000 100 1.5% 0 0 Q3 2006 Q4 2006 Q1 2007 Q2 2007 Q3 2007 Q4 2007 Q1 2008 Q2 2008 Q3 2008 Q4 2008 Q3 2006 Q4 2006 Q1 2007 Q2 2007 Q3 2007 Q4 2007 Q1 2008 Q2 2008 Q3 2008 Q4 2008 $0 $0 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 0% 1.0% 2004 2004 2005 2005 2006 2006 2007 2007 2008 2008 2009 2009 2010 2010 2004 2004 2005 2005 2006 2006 2007 2007 2008 2008 2009 2009 2010 2010 Net Charge-Off Trend • If the net charge-off shock were a persistent step-up in 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 Actual Forecast Actual Forecast 2007 2008 2009 2010 2007 2008 2009 2010 3000 the growth of net charge-offs and reserves responded slowly, with only hindsight, • Total NCOs are forecasted to increase through the third quarter of 2008, and 2750 Actual Forecast/Future Actual Forecast/Future NCO Trend (Annualized) 2500 then begin to turn down in quarters beyond Q3 ’08. 2250 NCO Trend (Quarterly Pace) – the extra $X billion of charge-offs per annum Fed interest rate cuts effectiveness is In 2008, industry mortgage acquisitions would flow through provisions as they arose • The forecast profile of Home Loans and Home Equity dominates the overall Net Charge-Off ($ Million) 2000 muted; spreads stay high and most are largely confined to GSE conforming refinance opportunities seized by high product and there are no Card 1750 – the reserve would need to build to about $X quality borrowers unlikely to default Securitization opportunities profile for NCOs, though there are differences across portfolios: 1500 billion by the end of 2008, and the transition to – Both Card and Commercial show NCOs increasing throughout the forecast horizon 1250 a higher reserve level still would not be In 2009, financial market liquidity is 1000 Fiscal stimulus has some mitigating restored. Jumbo spreads decrease. – Retail Small Business and Home Loans & Home Equity both show a pattern of initial increases 750 complete six quarters after the shock impact on defaults and helps assure brief LIBOR spread returns to more normal followed by subsequent decreases in NCOs 500 – provisions still are in the $X to $X billion per economic downturn levels. Securitization market for Asset • Home Loans & Home Equity NCOs fall back to Q1 ’08 levels for much of ’09 250 quarter range six quarters after the shock Backed Securities return. and ’10, running at about $XX per quarter of NCOs 0 Q3 2006 Q4 2006 Q1 2007 Q2 2007 Q3 2007 Q4 2007 Q1 2008 Q2 2008 Q3 2008 Q4 2008 2008-2010 LRF Review - 1st Cut WaMu Internal Use Only – Confidential Material 2008-2010 LRF Review - 1st Cut WaMu Internal Use Only – Confidential Material 2008-2010 LRF Review - 1st Cut WaMu Internal Use Only – Confidential Material By Scott Reed