Banco Davivienda SA · BVC:PFDAVVNDA
Banco Davivienda SA — Investor Presentation (December 2020)
27 slides from Banco Davivienda SA's investor presentation, December 2020
Slide 1: Corporate Presentation
Corporate Presentation December 2020
Slide 2: Disclaimer
The information hereby presented is exclusively for informative and illustrative purposes and it is not, nor does it pretend to be, a source for legal or financial assessment of any kind. Certain statements in this presentation are “forward-looking” statements within the meaning of the U.S. Private
Slide 3: Content
Content Page Page 1 About Davivienda 4 7 Wealth Management 13 2 Grupo Bolívar 5 8 Results of Our Sustainable Management 14 3 Ownership Structure 6 9 PDL. Coverage and Cost of Risk 15 4 History 7 10 Capital Structure 17 5 Loan Portfolio and Funding Sources 8 11 Key Ratios 18 6 Digital Transformation
Slide 4: Banco Davivienda at a glance
Banco Davivienda at a glance Main Financials¹ Loans: $ 13.7 Loans: $ 11.4 USD Billion Y/Y Customers: 7.0M Customers: 349k 3 Assets $ 39.7 11.6% 2 Gross Loans $ 31.1 9.5% Deposits $ 25.4 15.4% Equity $ 3.7 0.5% Net Profit² 110 M -72.5% Loans: $ 6.0 Customers: 1.1M Customers: +11.6M4 Main Ratios AUM:
Slide 5: Our main shareholder: Grupo Bolívar
Our main shareholder: Grupo Bolívar Among the most important conglomerates in Colombia. with more than 80 years of experience. USA (Miami) Consolidated Figures Honduras Assets1 USD 41 Billion El Salvador Customers1 +16.7 million Colombia Branches4 871 Costa Rica Employees1 +24 thousand Panamá Countr
Slide 6: Ownership Structure as of Dec 2020
Ownership Structure as of Dec 2020 ORDINARY SHARES TOTAL SHARES 76.1%² PREFERRED SHARES 100%¹ 23.9%³ 1. Total Outstanding Shares: 451.670.413. 2. Ordinary Shares account for 76.1% of Total Shares (343.676.929). 3. Preferred Shares account for 23.9% of Total Shares (107.993.484). 4. Figures as of Dec
Slide 7: A bank with proven growth record
A bank with proven growth record The Corporation The Local Bank A Regional Banking Platform 2020 2019 2016 2011 2013 2012 2010 - 2011 USD $104M IPO 2007 and USD $176M follow-on Bancafé. Fiducafé. Bancafé International. Bancafé Panamá Assets $ 39.7¹ 1997 2005 2006 Y/Y 11.6% 1972 Banco República Daviv
Slide 8: A Diversified Loan Portfolio
A Diversified Loan Portfolio¹ USD Billion 2004 Dec. 2020 Y/Y Commercial 9.6% $1.3 $31.1 Consumer 7.8% Mortgage 11.4% Total 9.5% Y/Y Colombia COP 9.0% $1.3 $31.1 International USD 5.8% Colombia USD 31.1% 1. Consolidated Gross Loans Figures in USD Billion Exchange rate as of December 2020: COP/USD: 3.
Slide 9: A portfolio focused on strategic segments and products
A portfolio focused on strategic segments and products USD Billion 2% Mortgage Loans Consumer Loans $7.5 $9.0 Commercial Loans $14.4 Figures in USD Billion. Exchange rate as of December 2020: COP/USD 3.433. 9
Slide 10: Stable and diversified funding sources
Stable and diversified funding sources USD Billion Loans / Deposits 123.8% 125.2% 130.7% 128.9% 122.3% Loans / Funding Sources 94.2% 92.9% 97.2% 95.9% 93.4% International Issuances Accumulated Portfolio Securitization³ USD Million Amount Yield to Coupon Maturity Price¹ Issued Maturity Senior Notes 4
Slide 11: Digital Transformation Evolution
Digital Transformation Evolution Digital Customers1 Product Sales 84% 87% 89% 75% 42% 36% (Thousands of products) Y/Y CONS COL CR PN SV HN 3.5 2.4 2.3 Digital Banking Digital Deposits Digital Credit 3.8x 6.1x 2018 2019 2020 Traditional Channels Digital Channels Transactional Mix3 (Millions of moneta
Slide 12: DaviPlata, our Native Digital Bank
DaviPlata, our Native Digital Bank Daviplata Customers Transfer money¹ Pay bills 11.6 +5.5 M Mobile Top-up airtime Receive 2.7 customers in 2020 Products remittances Platform Withdraw money Insurances 6.1 1.7 4.2 Leader in Financial Inclusion 2.0 Shops: QR Payment Payment Financial inclusion E-comme
Slide 13: Wealth Management
Wealth Management USD Billion An entire Organization at the service of our wealth management customers AUM Evolution 12% $19,7 $17,6 $14,6 -4% Funds and portfolios Investment Funds Securities brokerage. investment funds. Voluntary Pension Funds research and investment banking 25% Assets under custod
Slide 14: Results of Our Sustainable Management
Results of Our Sustainable Management HIGHER PURPOSE Bolívar Grupo In Davivienda we exist to enrich life with integrity Environmental Social SUSTAINABILIT $843 M Sustainable Portfolio +4.2 M Financially-included Colombians Y 110% Eco- Vehicle funding +$15 M Donated to different sectors Followers sin
Slide 15: Main Ratios - Consolidated
Main Ratios - Consolidated Loans by Stages PDL and Loans by Stages (%) PDL1 > 90 days Portfolio 4Q19 3Q20 4Q20 Commercial 4.04% 3.65% 3.26% Consumer 2.04% 0.75% 6.04% Mortgage 4.07% 3.47% 4.53% Total 3.46% 2.80% 4.38% Mortgage2 3.20% 3.21% 2.77% (120) 4Q19 3Q20 4Q20 Total3 (120) 3.25% 2.74% 3.95% St
Slide 16: Main Ratios - Consolidated
Main Ratios - Consolidated Coverage (%) Coverage1 Loan Loss Reserves / Gross Loans3 Portfolio 1Q20 2Q20 3Q20 4Q20 Portfolio 1Q20 2Q20 3Q20 4Q20 Commercial 118.5% 128.2% 156.5% 169.9% CommercIal 4.5% 4.8% 5.7% 5.5% Consumer 274.4% 821.3% 1,050.7% 168.3% Consumer 5.7% 6.2% 7.9% 10.2% Mortgage 39.5% 55
Slide 17: Capital Structure
Capital Structure Capital Adequacy Ratio Equity USD Billion Requirement Minimum Dec. 19 Sep. 20 Dec.20 Dec. 19 Sep. 20 Dec.20 Dec.20/Dec.19 0.5% Dec.20/Sep.20 -2.2% New Capital Requirements Phase-in Period (Revised)* Aug. 2018 Issuance of new capital requirement standard Aug. 2019 Dec. 1421 - VaR Op
Slide 18: Key Ratios - Consolidated
Key Ratios - Consolidated ROAA & NIM ROAE Efficienc Fee y Ratio ROAE = Net Profit (12 months) / Average Equity (5 periods) Fee ratio = Fees / (Interest Income + Fees) ROAA = Net Profit (12 months) / Average Assets (5 periods) Efficiency = Operation Expenses without Goodwill / (gross financial margin
Slide 19: A leading banking institution in Colombia
A leading banking institution in Colombia Customers¹ +16.2 Million Branches 525 ATMs 2.2 Thousand Banking correspondents +13 Thousand Employees 12.3 Thousand USD Billion December 2020 Y/Y Ranking Market Share Assets 30.6 15.1% 3 13.9% Gross Loans 25.1 5.5% 2 16.4% Commercial 10.6 0.5% 3 14.2% Consum
Slide 20: Our operations in Central America
Our operations in Central America Honduras Total Central America¹ USD Million Dec. 20 Y/Y El Salvador Assets 9,278 1.5% Customers +1.1 million Costa Rica Gross Loans 6,031 1.0% Commercial 3,107 -3.8% Branches 141 ATMs 509 Panamá Consumer 1,576 8.3% Mortgage 1,348 4.9% Employees +4.1 thousand Deposit
Slide 21: Board of Directors and Corporate Governance Committees
Board of Directors and Corporate Governance Committees Audit Committee Supports BoD in supervising effectiveness of internal controls Composed of three directors. one of whom must be a financial expert Reviews financial audited statements prior submission to the BoD Directors displayed correspond to
Slide 22: Experienced Management Team
Experienced Management Team Efraín Forero. Chief Executive Officer CEO since 1990 Holds a Bachelor degree in Industrial Engineering from Universidad Javeriana and an M.S. from University of Michigan Has over 31 years of experience in the financial sector Ricardo León. Álvaro Carrillo. Executive VP.
Slide 23: Macroeconomic Fundamentals Colombia
Macroeconomic Fundamentals Colombia Appendix 1 Gross Domestic Product (Y/Y) Davivienda Confidence Index Quarter average Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Source: National Administrative Department of Statistics (DANE) Source: Davivienda. Monetary Policy Rate and Inflation Exchange Rate and Oil Pric
Slide 24: Macroeconomic Fundamentals Central America
Macroeconomic Fundamentals Central America Appendix 1 Gross Domestic Product (Y/Y) Inflation (Y/Y) Exchange Rate Monetary Policy Rate Source: Central Banks from Central America. 24
Slide 25: Consolidated Balance Sheet
Consolidated Balance Sheet Appendix 2 USD Million December 2019 September 2020 December 2020 $ Q/Q Q/Q $ Y/Y Y/Y ASSETS Cash and interbank funds 3,050 3,204 3,483 279 8.7% 434 14.2% Investments 3,553 4,736 4,695 -41 -0.9% 1,142 32.1% Loans 27,169 30,700 29,215 -1,485 -4.8% 2,046 7.5% Commercial 13,2
Slide 26: Consolidated P&L
Consolidated P&L Appendix 2 Acum Acum 4Q19 3Q20 4Q20 $ Q/Q Q/Q $ Y/Y Y/Y $ Y/Y Y/Y 4Q19 4Q20 Total income 745 763 749 -15 -1.9% 4 0.5% 2,904 3,099 196 6.7% Loans 690 695 687 -9 -1.3% -3 -0.5% 2,652 2,848 196 7.4% Commercial 258 272 245 -27 -10.0% -12 -4.8% 1,031 1,070 40 3.8% Consumer 273 267 266 -1
Slide 27: Visit us at ir.davivienda.com
Investor Relations and Capital Management ir@davivienda.com + (57 1) 220 3495 www.davivienda.com Bogotá - Colombia Visit us at ir.davivienda.com
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