Banco Santander (brasil) S.a. · BMFBOVESPA:SANB3
Banco Santander (brasil) — Q2 2023 Earnings Presentation
22 slides from Banco Santander (brasil)'s earnings presentation, July 2023
Slide 1: Results 2nd Quarter of 2023 (BR GAAP)
Results 2 n d Q U A RT E R O F 2 0 2 3 (BR GAAP)
Slide 2: Disclaimer
Disclaimer This presentation may contain certain forward-looking statements and Aside from other considerations stated in this presentation, the following information pertaining to Banco Santander (Brasil) S.A. (“Santander Brasil”) and factors, among others, could cause actual results to differ mate
Slide 3: Agenda
Agenda Strategy 2Q23 Results Takeaways Update Highlights 3
Slide 4: Key messages
Key messages: 2Q23 2023 Priorities Customer base Another quarter of monetization, New vintages One-off results in highlighted by the Select NII growth, with a maintaining good the quarter, with positive outlook for and Companies segments quality neutral effect the year Expansion of Market NII posts
Slide 5: We are a digital Bank with branches
We are a digital Bank with branches Digital Channel Customer acquisition Multichannel Remote Channel Principality Available where, Products how and when Customer Loyalty that fulfill all the customer needs of our desires customers Customer Physical Channel The value of a digitized Data intelligence
Slide 6: Monetization through the recurrence and satisfaction of our customers
Monetization through the recurrence and satisfaction Customer base Business Innovation and monetization expansion technology of our customers Customers Customer acquisition NPS (million) +3.5 million customers Committed to 108 thousand attracted in 1H23 enhancing surveys sent customer daily to satis
Slide 7: Focus on the high-income segment as a growth lever
Customer base Business Innovation and monetization expansion technology Aim to be the prime platform for Portfolio premium services in Brazil Select represents Focus on providing: 22% of the individual loan portfolio tailored, readily available, efficient, and (+5 p.p. in 2 years) straightforward se
Slide 8: Clear opportunities of cross-selling and ecosystem monetization
Clear opportunities of cross-selling and ecosystem monetization Customer base Business Innovation and monetization expansion technology 12 Tech & specialized verticals Investments Sectors of activity Customers Value extraction: Consumer finance & consumer solutions Customer acquisition and base prof
Slide 9: Individual Investments
Individual Investments Customer base monetization Business Inovação e expansion Tecnologia Qualidade Innovation do Balançotechnology and Exponential AuC Full acquisition of Toro Expansion of the funding plan 1.3 million 56% R$ billion Operation synergies of the base up Specialization and proximity c
Slide 10: Companies
Customer base Business Innovation and monetization expansion technology Companies Wholesale SMEs Leadership in Expansion of the Customer growth Building the benchmark trade finance, with commodities desk platform for companies a 25% market share to oil derivatives New customer Loyal customers acquis
Slide 11: Strengthening the Agro ecosystem with a presence throughout the value chain
Strengthening the Agro ecosystem with a Customer base monetization Business expansion Innovation and technology presence throughout the value chain 300 specialists Cross-selling with a strong spread across Brazil increase +39% in 2 years Agro portfolio¹ Participation in major (R$ billion) industry f
Slide 12: Continuous advances in strategic businesses
Continuous advances in Customer base monetization Business expansion Innovation and technology strategic businesses R$166 billion in Partnership with Live Nation, Leader with a 22% Origination Mix turnover in 1H23, with expansion into the concert market share in auto R$112 billion from segment in or
Slide 13: Innovation and Technology boosting our customer focus
Innovation and Technology Customer base monetization Business Innovation and boosting our customer focus expansion technology Our technology company, with a culture 1st Bank to create a aligned to our ambition, innovating and services and accelerating for our business operations’ company 4.9k +19 po
Slide 14: Agenda
Agenda Strategy 2Q23 Results Takeaways Update Highlights 14
Slide 15: Results
(R$ million) 2Q23 1Q23 2Q23 x 1Q23 1H23 1H22 1H23 x 1H22 Net Interest Income 13,579 13,145 3.3% 26,724 26,713 0.0% Fees 4,810 4,699 2.4% 9,509 9,499 0.1% Total Revenues 18,389 17,844 3.1% 36,234 36,212 0.1% Results Allowance for Loan Losses General Expenses -5,980 -5,973 -6,765 -5,913 -11.6% 1.0% -1
Slide 16: Net Interest Income
Net Interest Income (R$ million) Growth in customer NII Market NII showing a major positive trend Spread 11.0% 11.1% ¹ 10.1% 9.9% (p.a.) (R$ million) 2Q23 2Q23 x 1Q23 1H23 1H23 x 1H22 -1,513 -1,170 -843 Customers 14,422 0.7% 28,737 2.1% 84 Product NII 13,580 1.4% 26,970 1.0% ¹ Market NII Volume 550,
Slide 17: Fees and Expenses
Fees Expenses Expansion in the quarter owing to with a 1% increase increased transactionality in the quarter (R$ million) 2Q23 2Q23 x 1Q23 1H23 1H23 x 1H22 (R$ million) 2Q23 2Q23 x 1Q23 1H23 1H23 x 1H22 Cards 1,371 1.5% 2,722 -0.3% Administrative 2,462 2.1% 4,874 2.1% Current account 1,002 0.8% 1,99
Slide 18: Loan portfolio, Liquidity/funding and Capital
Loan portfolio Liquidity/funding Growth in prioritized segments Constantly improving Jun/23 x Jun/23 x Jun/23 x Jun/23 x (R$ million) Jun/23 (R$ millions) Jun/23 Mar/23 Jun/22 Mar/23 Jun/22 Individuals 229,104 0.2% 6.5% Demand Deposits 39,715 7.7% -3.9% Consumer finance 67,515 0.6% 0.9% SMEs 62,955
Slide 19: Portfolio quality
Allowance for loan losses Portfolio NPL under control, exhibiting an improvement in the 15- (R$ million) and cost of risk¹ quality 2 3 90-day ratio and a slight deterioration 2.9% 3.3% 3.7% 4.3% 4.5% 4.5% in the over-90-day ratio in individuals, as anticipated 2 3 3.4% 4.2% 4.4% 5.0% 4.5% 3.9% NPL R
Slide 20: Loan Quality
Loan Quality Improved loan quality indicators, with the conclusion of the adjustment period Share of new Loan quality Focus on collateralized vintages (Jun/23) products in total portfolio 66% 59% Old New of the individual loan 54% vintages vintages portfolio is collateralized 48% 41% (+0.6 p.p. QoQ)
Slide 21: Agenda
Agenda Strategy 2Q23 Results Takeaways Update Highlights 21
Slide 22: Takeaways
Takeaways Quarter Highlights and expectations • Obsessive pursuit of customer experience and • Cost of risk continues to advance with the quality of principality through the use of technology and data new vintages • Portfolio expansion continues, with good growth • Portfolio dynamics with good growt
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