Banco Davivienda SA · BVC:PFDAVVNDA
Banco Davivienda SA — Q3 2025 Earnings Presentation
28 slides from Banco Davivienda SA's earnings presentation, November 2025
Slide 1: Banco Davivienda Consolidated Financial Results 3Q25
Banco Davivienda Consolidated Financial Results 3Q25
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: Macroeconomic Fundamentals Colombia
Macroeconomic Fundamentals Colombia Economic Activity Index (Y/Y) Monetary Policy Rate, Inflation and Funding Rate Sep. 24 Jun. 25 Sep. 25 360 Days CDs 9.90% 9.53% 9.40% MPR 10.75% 9.25% 9.25% Sep. 24 Sep. 25 Quarterly Average Annual Inflation 5.81% 4.82% 5.18% Jun. 25 1.9% 2.5% 3.2%* 1.8% 1.8% 1.7%
Slide 4: Financial System Colombia
Financial System Colombia Loan Portfolio Interest Rates on Loans Apr. 23 (Annual Growth) (4-week moving average) 47.1% Sep. 24 Jun. 25 Sep. 25 Sep. 24 Jun. 25 Sep. 25 28.9% 29.1% 25.6% Cap Rate1 25.0%* 11.0% Mortgage 10.7%* 9.4% Consumer 18.9%* 17.2% Total 6.3%* Total 14.7%* 6.1% Commercial 5.7%* 13
Slide 5: Macroeconomic Fundamentals CAM
Macroeconomic Fundamentals CAM Quarterly Gross Domestic Product (Y/Y) Annual Inflation (Y/Y) 10.6% Mar. 25 Jun. 25 Sep. 24 Jun. 25 Sep. 25 Honduras Honduras 4.1%* 4.2% 4.5%* El Salvador 2.0% El Salvador 4.2% 4.1%* 0.4%* 0.4% Panama 3.3% Costa Rica 3.9%* 0.2% 0.1%* 1.8% Panama Costa Rica 3.4%* -1.0%*
Slide 6: 3Q25 Main Results: Continued Recovery
3Q25 Main Results: Continued Recovery Average Funding Cost Credit Risk Metrics Q/Q Y/Y $144.6 Tn Gross Loans -13 bps -178 bps Q/Q Y/Y Q/Q: -0.3% Y/Y: 2.7% -27 bps -179 bps -17 bps -127 bps -36 bps -66 bps 5.70% 12M NIM FX&D Q/Q: 7 bps Y/Y: 6 bps 2.49% 12M Cost of Risk Q/Q: -13 bps Y/Y: -178 bps Prof
Slide 7: DaviPlata transforms into a NeoBank
DaviPlata transforms into a NeoBank New App Features Intuitive, one-click navigation Modular, customizable home screen Improved performance Resilience: Available 364.4 days of the year VIVI AI Carbon Neutral Service Assistant Digital Wallet 7
Slide 8: A strengthened and attractive value proposition
An strengthened and attractive value proposition… Digital Debit Digital Credit Digital Card NFC1 Card NFC1 Pockets Save and achieve Safely use your money anytime, anywhere in seconds! your financial goals! Targeting and Additional services aimed at serving new segments engagement Young Adults (18+) E
Slide 9: DaviPlata, supporting low-cost funding and income generation
DaviPlata, supporting low-cost funding and income generation… Customers and Deposits Credits4 (COP Billion) 2% 16% 84% 388% Q/Q Y/Y Q/Q Y/Y 45% 279% Q/Q Y/Y 1% 4% Q/Q Y/Y Total Low-Amount Deposits - Monthly Clients (M) Average (COP Tn) Transactions1 and Purchases2 Income (COP Billion) 7% Y/Y 25% Y/Y
Slide 10: Balance Sheet - Assets
Activo Balance Sheet - Assets By Operation1 Q/Q Y/Y Cash 11.1% 26.3% Assets Q/Q Y/Y Net Investments -1.8% 5.8% Colombia 1.0% 5.6% Gross Loans -0.3% 2.7% COP -1.0% 0.9% CAM Loan Loss Reserves 3.9% 3.4% USD 2.7% 7.5% Others 2.1% -5.1% Assets 0.5% 4.4% Figures in COP Trillion Ex. FX Impact* 1.9% 6.9% *
Slide 11: Balance Sheet - Gross Loans
Balance Sheet - Gross Loans Growth by Operation (Y/Y)1 Growth by Segment (Y/Y) Gross Loans Mix Ex. FX Impact* Q/Q Y/Y Q/Q Y/Y Commercial -2.1% 2.6% -0.8% 4.8% Consumer 0.2% -4.1% 1.3% -1.9% Mortgage 2.1% 8.8% 2.7% 10.0% Gross Loans -0.3% 2.7% 0.7% 4.6% 1. CAM Loan Growth in USD (annual growth as of
Slide 12: Credit Risk Management - PDL & Coverage
Credit Risk Management - PDL & Coverage Total PDL & Coverage1 Coverage + Collaterals3 2 3 3 PDL by Segment Coverage1 1. Coverage: Loan Loss Reserves / Loans > 90 days. 2. Total >120: (Mortgage > 120 days + Commercial > 90 days + Consumer > 90 days) / Gross Loans. 3. Coverage + Collaterals = (Loan Lo
Slide 13: Credit Risk Management - Consumer Portfolio
Credit Risk Management - Consumer Portfolio Disbursements Loan Mix (%) (Trillion COP) 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 Consumer Ex. Credit Card Credit Card Unsecured Personal Loans Payroll Credit Card Vehicle Revolving Loans Dec. 20 Portfolio Vintages (
Slide 14: Credit Risk Management - Provision Expenses and Loans by Stages
Credit Risk Management - Provision Expenses and Loans by Stages CoR1 & Provision Expenses2 3Q25 Accumulated $ Q/Q $ Y/Y Provision Expenses 859 -12.5% 2,704 -37.0% Accumulated Loans by Stages Coverage by Stages 1. Cost of Risk = Provision Expenses / Gross Loans. 2. Figures in COP Billion. 14
Slide 15: Balance Sheet - Funding Sources and Liquidity
Balance Sheet - Funding Sources and Liquidity 1 Funding Sources ($) Q/Q Y/Y Funding Ratios 0.6% 4.9% -5.8% -11.8% 19.7% 5.3% -2.1% 2.9% 2.1% 11.4% 1 Q/Q Y/Y Funding Mix (%)2 Liquidity Ratios4 -50 bps -200 bps 160 bps 40 bps -180 bps -120 bps 30 bps -190 bps 30 bps 470 bps 5 6 3 Figures in COP Trilli
Slide 16: Balance Sheet - Capital Structure
Balance Sheet - Capital Structure Capital Adequacy Ratios CET1 7.0% 1 Equity & RWAs2 Leverage Ratio 3Q25 Q/Q Y/Y Accounting Equity 16.7 1.7% 6.3% Common Equity Tier 1 14.9 2.7% 8.9% Additional Tier 1 2.0 -2.0% -6.0% Total Technical Capital 22.2 11.3% 13.6% RWAs 126.6 -0.9% -4.3% Credit Risk 110.7 -1
Slide 17: P&L - Financial Margin
P&L - Financial Margin 3Q25 Accumulated Gross Financial Margin + FX & Derivatives $ Q/Q $ Y/Y Loan Income 4,196 -2.5% 12,843 -5.2% Investment and Interbank Income 677 16.9% 1,799 2.0% Financial Income 4,872 -0.2% 14,642 -4.3% Financial Expenses 2,530 -1.3% 7,711 -11.5% Gross Financial Margin 2,342 1
Slide 18: P&L - Non Financial Income & Operating Expenses
P&L - Non Financial Income & Operating Expenses 3Q25 Accumulated 3Q25 Accumulated $ Q/Q $ Y/Y $ Q/Q $ Y/Y Fee Income1 543 1.5% 1,599 11.3% Personnel Expenses 655 -1.1% 1,988 5.7% Other Net Income & Expenses 88 39.4% 250 -25.4% Operating Expenses and Others 976 4.7% 2,849 8.2% Non Financial Income 63
Slide 19: P&L - Net Profit
P&L - Net Profit 3Q25 Accumulated $ Q/Q $ Y/Y Net Profit2 Gross Financial Margin 2,342 1.0% 6,931 5.2% Provision Expenses 849 -12.5% 2,704 -37.0% Net Financial Margin 1,484 11.0% 4,227 84.2% FX Changes, Derivatives 33 -66.9% 200 67.6% Non Financial Income1 630 5.5% 1,848 4.3% Operating Expenses 1,63
Slide 20: 2025 Expectations
2025 Expectations 2Q25 2025 E 3Q25 2025 E (Previous / Aug. 25) (New / Nov. 25) Growth 3.9% Δ Y/Y 6% - 8% Δ Y/Y 2.7% Δ Y/Y 4% - 6% Δ Y/Y Loan Portfolio PDL > 90 4.46% 3.5% - 4.0% 4.39% 3.5% - 4.0% NIM 5.63% 5.6% - 5.8% 5.70% 5.6% - 5.8% Cost of Risk 2.62% 2.4% - 2.6% 2.49% 2.3% - 2.5% P&L Non Financi
Slide 21: Progress towards our new Corporate Structure
Progress towards our new Corporate Structure Our Previous Structure* Our Current Structure* Other Grupo Common Bolivar Other Shareholders Preferred Davivienda Groupʼs Grupo Bolivar Common 76% 24% Shareholders Share Offering Shareholders Other Davivienda Preferred Common Group Shareholders Shareholder
Slide 22: Progress towards our new Corporate Structure
Progress towards our new Corporate Structure Davivienda Groupʼs Share Offering Structure* once Davivienda Groupʼs Share Offering concludes Holders of Banco Daviviendaʼs Common or Preferred Shares as Recipients of the date of acceptance of the offering. Number of Common Shares: 437,142 shares offered Pre
Slide 23: New Corporate Website
New Corporate Website Relevant information for analysts and investors Direct access to information on our listed securities, corporate structure, governance practices, latest news and events, and much more. Subscription to distribution list Receive Davivienda Groupʼs latest communications first hand
Slide 24: Investor Relations
Investor Relations ir.davivienda.com ir@davivienda.com + 57 (601) 220 3495 Bogota - Colombia
Slide 25: Appendix
Appendix B DNAVIVIENDN
Slide 26: Clear progress in the Digital Transformation of our Bank
With a clear progress in the Digital Transformation of our Bank… Digital Products Portfolio2 Transactions by Channel (COP Trillion) (% of monetary transactions) 11% 70% Q/Q Y/Y 1 Digital Clients 6% 17% Q/Q Y/Y 93.8% 2% 16% Q/Q Y/Y Transactions by Channel (% of monetary transactions) Digital Clients1
Slide 27: DaviPlata
DaviPlata Cross-Selling Results CAC DaviPlata / Davivienda (12 Months) 9% 11% Q/Q Y/Y 8% 30% Q/Q Y/Y 6% 4% 9% 25% Q/Q Y/Y Q/Q Y/Y 1 Active Users Customer Satisfaction (30 Days) -2.9pp 0.9pp Q/Q Y/Y 0pp -2pp Q/Q Y/Y 1. CAC in USD estimated with the average exchange rate. 27
Slide 28: Advancing in our quest of making the world more prosperous, inclusive and green
Advancing in our quest of making the world a more prosperous, inclusive and green place Sustainable Loan Portfolio1, 2 Providing technical support for our business and corporate clients, (COP Trillion) in line with our commitment to protect Biodiversity ● Signing of a Memorandum of Understanding for