Banco Davivienda SA · BVC:PFDAVVNDA

Banco Davivienda SA — Davivienda — Q4 2017 Earnings Presentation

15 slides from Banco Davivienda SA's earnings presentation, March 2018

  1. Slide 1: Earnings Presentation 4Q17 Consolidated Results

    Earnings Presentation 4Q17 Consolidated Results

  2. Slide 2: The examples given shouldn’t be taken as a guarantee for future projections and it

    The information presented here is exclusively for informative and illustrative purposes. It is not, nor does it pretend to be a source of legal or financial consultation regarding any issue. The financial information and projections presented are based on information and calculations carried out int

  3. Slide 3: Colombia Macroeconomic Aspects

    Colombia Macroeconomic Aspects GDP (Y/Y) Monetary Policy Rate and Inflation dec. 16 dec. 17 dec. 16 jan. 18 COP/USD and Oil Price Sovereign Credit Rating Rating Agency 2016 2017 BBB BBB- S&P Negative Outlook Stable Outlook BBB BBB Fitch Negative Outlook Stable Outlook BBB BBB Moody's* Stable Outlook

  4. Slide 4: Central American Countries Macroeconomic Aspects

    Central American Countries Macroeconomic Aspects GDP (Y/Y) Inflation (Y/Y) dec- 17 dec. 16 dec. 16 apr. 17 aug. 17 jan. 18 Exchange Rate Monetary Policy Rate dec- 17 jan. 17 apr. 17 aug. 17 jan. 18 jan. 17 apr. 17 aug. 17 jan. 18 4

  5. Slide 5: Fourth Quarter Highlights

    Fourth Quarter Highlights Main Results Accumulated Net Income reached $1.28 trillion on December 2017, 25.6% lower compared to 2016. Consolidated Gross Loans showed an annual growth of 7.3%. NPL closed at 2.76%, 77 bps higher than the one reported on 2016. NIM reached 6.57%, 19 bps higher than last

  6. Slide 6: Digital Transformation

    Digital Transformation Transactions per channel1 Digital 26% 25% 22% In 2017, transactions1 increased 26% 18% reaching a total of 82 million. 2015 2017 Daviplata: Δ 369% 25% Mobile App: Δ 111% 28% 21% 27% Web: Δ 17% 2 38% of active clients are digital3. # Branches # ATM 850 3.500 CAGR = 1,2% CAGR =

  7. Slide 7: Assets

    Consolidated Assets (COP Trillion) 4Q17 / 3Q17 4Q17 / 4Q16 Cash 1.7% 11.3% Investments, net 13.3% 21.3% Loans, net 1.2% 6.5% Other assets (2.3%) (6.6%) Assets 2.2% 7.7% Assets Dec. 16 Sep. 17 Dec. 17 4Q17 / 3Q17 4Q17 / 4Q16 Colombia 72.0 75.9 77.8 2.5% 8.0% COP 22.7 23.6 23.9 1.5% 5.6% International

  8. Slide 8: Gross Loans

    Consolidated Gross Loans (COP Trillion) 4Q17 / 3Q17 4Q17 / 4Q16 Mortgage 4.2% 14.1% Consumer 2.0% 9.6% Commercial (0.38%) 3.3% Gross Loans 1.3% 7.3% Gross Loans Dec. 16 Sep. 17 Dec. 17 4Q17 / 3Q17 4Q17/4Q16 Colombia 57.4 61.7 62.5 1.2% 8.8% COP 15.5 15.5 15.7 1.6% 1.4% International USD$ 1 5.2 5.3 5

  9. Slide 9: NPL and Coverage (%)

    Consolidated NPL and Coverage (%) NPL1 > 90 days 4Q16 3Q17 4Q17 Commercial 1.43% 2.81% 2.55% Consumer 2.64% 2.68% 2.63% Mortgage 2.58% 3.23% 3.35% Total (90) 1.99% 2.87% 2.76% Mortgage2 (120) 1.85% 2.35% 2.52% Total3 (120) 1.83% 2.67% 2.56% Coverage4 Total Reserves Coverage5 4Q16 3Q17 4Q17 4Q16 3Q17

  10. Slide 10: Funding Sources

    Consolidated Funding Sources (COP Trillion) (en billones de pesos) 4Q17 / 3Q17 4Q17 / 4Q16 Demand Deposits 4.1% 0.0% Term Deposits (0.8%) 14.3% Bonds 10.8% 25.3% Credits 7.3% 8.7% Funding Sources 3.6% 8.8% Net Loans / Funding Sources 91.2% 91.5% 89.3% Funding Sources Dec. 16 Sep. 17 Dec. 17 4Q17 / 3

  11. Slide 11: Capital Structure

    Consolidated Capital Structure Solvency Equity (COP trillion) Y/Y: 8.4% Q/Q: 3.9% Tier I Tier II Minimum Requirement 11

  12. Slide 12: Financial Margin, Net

    Consolidated Financial Margin, Net (COP Billion) QUARTER ACCUMULATED NIM(1) Dec. 16 Sep. 17 Dec. 17 6.53% 6.38% 6.57% 4Q16 3Q17 4Q17 Dec.16 Dec.17 4Q17 / 3Q17 4Q17 / 4Q16 Dec. 17 / Dec. 16 (%) (%) (%) (0.1) 6.6 Loan Income 10.1 22.2 12.9 Investment Income, Interbanks (16.7) 1.3 7.0 Financial Income

  13. Slide 13: Expenses Efficiency

    Consolidated Expenses (COP Billion) Efficiency(1) QUARTER Dec. 16 Sep. 17 Dec. 17 ACCUMULATED 45.1% 47.3% 46.6% 4Q16 3Q17 4Q17 Dec.16 Dec.17 4Q17 / 3T17 4Q17 / 4T16 Dec. 17 / Dec. 16 (%) (%) (%) 3.2 (1.7) Personnel Expenses 6.0 14.4 0.4 Operational Expenses 11.9 26.2 9.0 Other Expenses(2) 7.5 11.2 0

  14. Slide 14: Net Income

    Consolidated Utilidades Net Income (COP Billion) QUARTER ACCUMULATED Dec. 16 Dec. 17 ROAE(1) 18.6% 12.4% ROAA(2) 1.92% 1.30% 4Q17 / 3Q17 4Q17 / 4Q16 Dec. 17 / Dec. 16 (%) (%) (%) 5.8 (6.0) Financial Margin, net (5.8) 7.6 29.8 Operative Income 7.3 11.2 0.8 Operating Expenses 8.7 549.5 (78.7) FX chang

  15. Slide 15: Thank You!

    ¡Thank You! ir@davivienda.com +57 1 2203495

Davivienda — Q4 2017 Earnings Presentation on 6ix