Banco Di Desio E Della Brianza S.p.a. · MIL:BDB
Banco Di Desio E Della Brianza — Investor Presentation (September 2025)
41 slides from Banco Di Desio E Della Brianza's investor presentation, Sep 22, 2025
Slide 1: Investor Presentation
22 September 2025 Investor Presentation
Slide 2: Disclaimer
Disclaimer References below to "this Presentation" means this document, together with any oral presentation, any question and answer session and any written or oral material discussed following the distribution of this document. This Presentation has been prepared by Banco Desio for information purp
Slide 3: Company Overview, Financial Highlights, ESG, Annex
01 02 03 04 COMPANY OVERWIEV FINANCIAL HIGHLIGTS ESG ANNEX
Slide 4: Company Overview
01 02 03 04 COMPANY OVERWIEV FINANCIAL HIGHLIGTS ESG ANNEX Banco Desio Group Our History Geographical Presence Business and Distribution Model
Slide 5: We aim to be the best proximity bank in Italy
01 – Company Overview “We aim to be the best proximity bank in Italy” GROUP PROFILE SHAREHOLDER STRUCTURE as at 30 June 2025 NUMBER OF RATING BRANCHES CUSTOMERS ⁓500k Investment 276 Grade TOTAL ASSETS CET 1 Ratio 18,6 €bn 18,5 % NPL Ratio ROE The team 2,9 % 9,9 % 2.400 hc’s GROUP STRUCTURE BANCO DES
Slide 6: Our History
01 – Company Overview Our History • Acquisition of Banca Popolare di Spoleto (BPS) and consolidation of Banco Desio in the SME retail segment and in central Italy Founded in 1909 as “Cassa Rurale”, it was • Sale of non-core assets: renamed in "Banco Desio" in 1925, while – Asset Management (Rovere S
Slide 7: Geographical Presence
01 – Company Overview Geographical Presence Sardinia 4% 73 employees Women Banco Desio Bank is currently 44% 2,393 Center 276 branches North present in Italy with 276 branches 37% employees Men 46 financial 59% 56% shops located in 11 regions between Fides central, northern Italy and Sardinia. In ad
Slide 8: Business and Distribution Model
01 – Company Overview Business and Distribution Model COMMERCIAL BANK BRANCHES Banco Desio's traditional and distinctive channel, which is constantly evolving in order to offer It is the network of branches and therefore represents a view built around products and services to support our clients’ li
Slide 9: Financial Highlights
01 02 03 04 COMPANY OVERWIEV FINANCIAL HIGHLIGHTS ESG ANNEX Group Key Figures Profitability Regulatory Capital MREL Balance Sheet Structure Loans to Customers The Consumer Credit Hub: Fides & Dynamica Asset Quality Funding and Liquidity Financial Portfolio Composition Rating Actual Figures vs Guidan
Slide 10: Group Key Figures
02 – Financial Highlights Group Key Figures CONSOLIDATED INCOME STATEMENT RECLASSIFIED Jun 25 Jun 24 Operating income 299,1 314,4 of which Net Interest Income 176,5 192,1 9,9% of which Net Commissions 107,6 109,7 ROE Operating Costs (177,4) (162,1) Eur m Operating result 121,7 152,2 Adjustments, pro
Slide 11: Group Figures - Revenue
02 – Financial Highlights Group Figures - Revenue Resilient revenue base despite declining interest rates in 2025 INTEREST MARGIN NET FEES TOTAL NET INCOME Figures in million Euros Figures in million Euros Figures in million Euros CAGR 22-25 CAGR 22-25 +6,3% CAGR 22-25 +9,1% +9,0% 11
Slide 12: Group Figures – Operating Costs
02 – Financial Highlights Group Figures – Operating Costs Recurring expenses reflecting the larger consolidation perimeter and the renewal of the labor contract PERSONNEL COSTS OTHER ADMINISTRATIVE EXPENSES Figures in million Euros Figures in million Euros +4,5% +3,0% 12
Slide 13: Group Figures – Full Total Assets
02 – Financial Highlights Group Figures – Full Total Assets Steady growth of banking products thanks to resilient client base and branches acquisitions. Good performance of assets under management: 2026 target reached! DIRECT DEPOSITS INDIRECT DEPOSITS LOANS Figures in billion Euros | Stock figures
Slide 14: Profitability
02 – Financial Highlights Profitability Good growth in return on capital and still room for improving the operational effectiveness and efficiency. Return on extraordinary investments made in 2024 and 2025 will positively impact the next years p&l ROE ROA COST TO INCOME Figures in percent Figures in
Slide 15: Regulatory Capital
02 – Financial Highlights Regulatory Capital The high level of organic capital generation and the adoption as of June 25 of the internal risk models (A-IRB) has led to an increase in the Capital Ratios. Buffer against regulatory requirements consists almost exclusively of common equity FY 2022 FY 20
Slide 16: MREL
02 – Financial Highlights MREL Ample room for growth even compared to the MREL requirements thanks to the high capitalization TREA LRE 19,59% 7,41% Of which: own funds Of which: own funds and subordinated and subordinated liabilities liabilities 20,26% 16
Slide 17: Balance Sheet Structure
02 – Financial Highlights Balance Sheet Structure The main funding source consists in customer deposits mostly coming from retail and SMEs. Excellent balance between deposits and loans to customer. Wholesale funding has gradually replaced maturing TLTRO Figures in million Euros 18.596 18.596 17
Slide 18: Loans to Customers
02 – Financial Highlights Loans to Customers The loans portfolio consists mainly of: MLT 7,7 bln, ST 0,9 bln, consumer lending 2,2 bln. Loans granted mainly in Northern Italy Loans to Customers €m Jun-25 Mortgages - Geographical Distribution Current account 982 Central Italy & Sardinia Northern Ital
Slide 19: The Consumer Credit Hub
02 – Financial Highlights The Consumer Credit Hub Consumer Credit Hub Our Products Our Distribution Model ➢ Salary-backed Loans (CQS) ➢ Agents in financial activity Data as of 30.06.2025 ➢ Pension-backed Loans (CQP) ➢ Banco Desio branches € 1.577 € 95 TOTAL ASSETS ➢ Delegation of Payment ➢ Operators
Slide 20: Asset Quality
02 – Financial Highlights Asset Quality NPL ratio steady decreasing thanks to careful monitoring and derisking activity. Decrease in coverage in 1H 2025 due to the sale of old vintage highly covered NPL Gross NPL Ratio NPL Coverage Cost Of Risk Texas Ratio Stock figures in million Euros Figures in p
Slide 21: Funding and Liquidity
02 – Financial Highlights Funding and Liquidity Solid liquidity profile, short-term and structural, built on stable customer base and retail banking accounts FUNDING COMPOSITION LCR NSFR as of 30/06/2025 € million | as of 30/06/2025 205,2% 137,5% Loans To Deposits HQLAs as of 30/06/2025 € million |
Slide 22: Funding and Liquidity
02 – Financial Highlights Funding and Liquidity As of 30 June 2025, liquid assets exceed 4.7 billion LIQUID ASSETS (1H 2025 €bn) 22
Slide 23: Financial Portfolio Composition
02 – Financial Highlights Financial Portfolio Composition Jun 25 - Eur m Sovereign Other Total % Sovereign % Other FVTPL 1,2 233,0 234,2 0,5% 99,5% FVOCI 1.099,0 36,1 1.135,1 96,8% 3,2% HTC-CA 2.149,6 943,6 3.093,2 69,5% 30,5% Total 3.249,8 1.212,7 4.462,6 72,8% 27,2% ITALIAN GOVERNMENTS BONDS BREAK
Slide 24: Rating
02 – Financial Highlights Rating The rating assigned reflects a positive assessment mainly in relation to: • Growth strategy combined with careful risk management; • Ability to execute the business strategy envisaged in the business plan, maintaining good asset quality, capital and liquidity profile
Slide 25: Actual Figures vs Guidance 2026
02 – Financial Highlights Actual Figures vs Guidance 2026 1H25 results outperform guidance, delivering solid results across targets June 2025 Business Plan 2026 Delivery ROE 9,9% ~8% C/I Ratio 59% ~55% Gross NPL Ratio 2,9% ~3,7% CET1 Ratio 18,5% >15% WM Total Volumes 10,2 €bn 10 €bn 25
Slide 26: Group Strategy
02 – Financial Highlights Group Strategy Banco Desio strategy key points We continue to be focused on growth, through projects with high returns on equity (e.g. branches acquisition from BPER and Banca Popolare di Puglia e Basilicata, sale of Merchant acquiring business to Worldline, acquisition of
Slide 27: ESG Highlights
01 02 03 04 COMPANY OVERWIEV FINANCIAL HIGHLIGTS ESG ANNEX ESG Highlights Long-Term ESG Strategy Rating ESG
Slide 28: ESG Highlights
03 – ESG ESG Highlights GENDER PAY EQUALITY +5% 0% 48% GENDER INCREASE PAY 32% GENDER RECRUITMENT UNDER 30 HIRES LESS REPRESENTED OVERALL LESS REPRESENTED IN MANAGERIAL ROLES -1% BASE SALARY 2,2% 11% 0,4% GREEN BOND RETAIL ASSET 44/100 GREEN LOANS OUT OF TOTAL FUNDING UNDER MANAGEMENT S&P GLOBAL WHO
Slide 29: Long-Term ESG Strategy
03 – ESG Long-Term ESG Strategy The Group, through the strong sustainability focus of the new Industrial Plan “Beyond26,” referred to as “ESG Infusion,” aims to become the leading local bank in Italy, also leveraging innovation, digitalization, and close proximity to its customers. In 2023, the Grou
Slide 30: Rating ESG
03 – ESG Rating ESG Standard Ethics aims to provide clients with an assessment of their positioning with respect to the sustainability and corporate governance guidelines promoted by the UN, OECD and the European Union. On 10 April 2025, the update of the sustainability rating by the Standard Ethics
Slide 31: Annex
01 02 03 04 COMPANY OVERWIEV FINANCIAL HIGHLIGTS ESG ANNEX
Slide 32: Institutional Positioning: Objectives and Strategy
INSTITUTIONAL POSITIONING: OBJECTIVES AND STRATEGY ESG Objectives Strategy Improvement of unsolicited 2022 rating (33.1 - High Risk) • Understand rating agency evaluation metrics Sustainalytics and positioning in “Medium Risk” by 2026 • Enhance commitments and results achieved and forecasted by Banc
Slide 33: Commitment to Sustainability: Objectives and Strategy
COMMITMENT TO SUSTAINABILITY: OBJECTIVES AND STRATEGY ESG Objectives Strategy Financing to Support for the sustainable development of the • Expansion of the ESG commercial offer to Private and Small Business clients through corporates territory and ecological transition with a focus on the launch of
Slide 34: Direct Impact: Objectives and Strategy for Achieving Targets
DIRECT IMPACT: OBJECTIVES AND STRATEGY FOR ACHIEVING TARGETS ESG Objectives Strategy • Achieve carbon neutrality with reference to • Gradual emission reduction (e.g., energy efficiency improvements of premises, Direct GHG Group GHG Scope 1 emissions by 2030 conversion of company fleet to hybrid and
Slide 35: Green Bond Framework Overview
GREEN BOND FRAMEWORK OVERVIEW - The 2024 Banco Desio Group’s Green Bond Framework is aligned with the 2021 ICMA Green Bond Principles and incorporates the EU Taxonomy (Regulation 2020/852) requirements. - Eligible projects reflect the Group’s value proposition, supporting the transition to a circula
Slide 36: Consolidated 1H Financials – Reclassified Income Statement
CONSOLIDATED 1H FINANCIALS – RECLASSIFIED INCOME STATEMENT 30.06.2025 30.06.2024 Delta Interest Margin 176,471 192,147 -8.2% Dividends and Similar Income 567 589 -3.7% Net Commissions 107,559 109,743 -2.0% Net Result from Financial Assets and Liabilities 12,496 9,919 26.0% Other Operating Income/Exp
Slide 37: Consolidated 1H Financials – Balance Sheet (Asset)
CONSOLIDATED 1H FINANCIALS – BALANCE SHEET (ASSET) 30.06.2025 30.06.2024 Delta Assets Cash and Cash Equivalents 666,328 1,019,658 -34.7% Financial assets measured at fair value through profit or loss 212,731 198,902 7.0% a) Financial assets held for trading 13,293 9,213 44.3% b) Other financial asse
Slide 38: Consolidated 1H Financials – Balance Sheet (Liabilities)
CONSOLIDATED 1H FINANCIALS – BALANCE SHEET (LIABILITIES) 30.06.2025 30.06.2024 Delta Liabilities Financial liabilities measured at amortized cost 16,357,927 16,664,203 -1.8% a) Debts to banks 709,239 798,673 -11.2% b) Debts to customers 12,694,504 13,280,657 -4.4% c) Debt securities in circulation 2
Slide 39: Outstanding Bonds & ABS
OUTSTANDING BONDS & ABS SENIOR NOTES SECURITIZATIONS BDB GROUP AS OF JUNE 30, 2025 Original Outstanding Rating Notes Class SPV Interest rate Originator Asset Class Status Amount 30/06/2025 Fitch/Moody's A Senior COPPEDE' Srl 436,000,000 166,209,470 3mE+130bp AA/Aa3 Fides S.p.A. salary-backed loan Re
Slide 40: Regulatory Capital
REGULATORY CAPITAL Banco Desio Group 30.06.2025 30.06.2024 With FVOCl transitional Without FVOCl transitional With FVOCl transitional Without FVOCl transitional regime application regime regime application regime Own funds Common Equity Tier 1 (CET1) capital 1,373,402 1,368,760 1,336,674 1,326,231 T
Slide 41: Registered and Headquarter
Registered and Headquarter Via E. Rovagnati, 1 – 20832 – Desio (MB) Ph. +39 0632 613.1 areacomunicazione@bancodesio.it www.bancodesio.it
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