Banco De Bogota Sa · BVC:BOGOTA
Banco De Bogota Sa — Bank of America Emerging Markets Debt & Equity Conference 2021
19 slides from Banco De Bogota Sa's conference presentation, June 2021
Slide 1: Banco de Bogota Corporate Presentation
Bank of America - Banco de Bogota Emerging Markets Debt & Equity Corporate Presentation Conference Jun 01st – 04th, 2021 The Issuers Recognition-IR granted by the Colombian Securities Exchange is not a certification about the quality of the securities listed at BVC nor the solvency of the issuer. 1
Slide 2: Disclaimer
Disclaimer Banco de Bogotá is an issuer of securities in Colombia and, as such, it is required to comply with periodic reporting requirements and corporate governance practices. As a financial institution, the Bank is subject to inspection and surveillance from Colombia’s Superintendency of Finance.
Slide 3: 2021 First Quarter Performance Overview
2021 First Quarter Performance Overview Attributable Net Income for 1Q-2021 was $709.9 billion pesos, resulting in a 13.5% ROAE. Key Metrics Commentary 1.4% 13.5% • Profitability rebounded as economic reactivation ROAA ROAE supported positive business dynamics. • 18 bps annual reduction on NIM exclu
Slide 4: 2021 Strategic Initiatives: Digitalization and ESG
2021 Strategic Initiatives Digitalization • Deployed upgraded mobile and virtual banking interfaces, supporting transactionality and digital sales growth. • Continued improving our digital product offering with 7 products launched in 2020 and currently testing pilots to release in 2021. • Focus on d
Slide 5: Digital Transformation: A Success Story
Digital Transformation: A Success Story Sales Channel Transformation Service Channel Transformation Total Consolidated Digital Sales (k) 1 Active Digital Clients (k) ∆ CAGR 64.3% 7 out of 10 BdB + BAC ∆ CAGR 33.5% 452 Products sold in 2,650 423 Colombia 2,058 Outstanding 168 and 3 out of 10 1,487 Co
Slide 6: Context – Macro Performance Colombia
Context – Macro Performance Colombia Monthly activity indicator vs. GDP1 (YoY %) Expected tax collection and uses from tax reform* (% GDP) 15% Collection Sources Uses 11.8% 10% 5.1% 2.3% Most probable 2.3% 5% outcome 0% 1.1% 1.2% 1.2% 0.9% 0.9% -5% -4.2% -10% -15% 2019 2020 2021e Original reform New
Slide 7: Context – Macro Performance Central America
Context – Macro Performance Central America GDP forecasts1 (YoY %) Activity Index2 (YoY %) 5% 3.6 14 0.5 0% -2.5 2021 -4.0 12 -5% -4.6 12.0 2022 -10% -6.0 10 -9.6 -15% 8 -20% 6 -25% 5.7 -30% 4 5.0 4.5 4.5 4.2 -35% 3.8 4.0 2 3.3 3.3 Dec-19 Feb-20 Apr-20 Jun-20 Aug-20 Oct-20 Dec-20 Feb-21 2.8 2.6 2.7
Slide 8: Assets & Loan Portfolio Detail – Consolidated
Assets & Loan Portfolio Detail – Consolidated Total Assets Breakdown Total Gross Loan Portfolio Structure Figures in Ps. Trillions Other industrial and manufacturing products, 2.9% Others, 4.0% $142.7 $130.1 $217.7 $200.3 Public services, 3.0% Chemical production, 3.1% Commercial services, 22.5% Oth
Slide 9: Loan Portfolio Quality – Consolidated
Loan Portfolio Quality – Consolidated 30 days PDLs / Gross Loans Cost of Risk (1) 90 days PDLs / Gross Loans Loss provision (net of recoveries of charged-off assets) / 30 days PDLs / Gross Loans Average Loans Loss provision / Average Loans 90 days PDLs / Gross Loans 4.0% 4.7% 4.7% 3.9% 3.9% 2.5% 2.2
Slide 10: Loan Portfolio Quality – Colombia and Central America
Loan Portfolio Quality – Colombia and Central America Colombia (COP) Central America (USD) 1Q-20 4Q-20 1Q-21 1Q-20 4Q-20 1Q-21 Delinquency Ratio 30-day PDLS / Gross Loans 5.1% 6.4% 6.6% 2.7% 3.1% 3.1% Excluding MFG 3.3% 3.1% 90-day PDLS / Gross Loans 4.3% 4.9% 5.0% 1.5% 1.8% 1.7% Excluding MFG 1.8%
Slide 11: Loan Portfolio Quality – Breakdown
Loan Portfolio Quality – Breakdown 30 days PDLs 90 days PDLs 1Q-20 4Q-20 1Q-21 1Q-20 4Q-20 1Q-21 Commercial 3.6% 4.2% 4.0% 3.0% 3.7% 3.4% Excluding MFG 4.4% 4.1% 3.8% 3.5% Consumer 4.3% 5.8% 6.1% 2.5% 2.7% 3.0% Excluding MFG 6.1% 6.4% 2.9% 3.2% Mortgage 3.9% 4.4% 4.5% 2.8% 2.6% 2.7% Excluding MFG 4.
Slide 12: Loan Relief Program Update
Loan Relief Program Update Consolidated Colombia Central America 1 % Over Consolidated Total Loan Balance % Over Colombian Total Loan Balance % Over Central American Total Loan Balance Granted Active Granted Active Granted Active Commercial 36.5% 5.6% Commercial 27.0% 0.0% 51.3% Commercial 48.3% 12.
Slide 13: Consolidated Funding
Consolidated Funding Figures in Ps. Trillions Total Funding Total Deposits Excluding MFG YoY: 6.3%; Exc. FX: 11.2% YoY: 7.9%; Exc. FX: 13.1% YoY: -2.5%; Exc. FX: 2.0% YoY: 0.4%; Exc. FX: 5.2% QoQ: 5.1%; Exc. FX: 1.3% QoQ: 5.2%; Exc. FX: 1.3% QoQ: 5.0%; Exc. FX: 1.5% QoQ: 5.1%; Exc. FX: 1.4% 179.7 16
Slide 14: Equity and Capital Adequacy
Equity and Capital Adequacy Figures in Ps. Trillions Attributable Equity + Minority Interest Tangible Common Equity YoY: 2.3% / QoQ -1.0% YoY: 4.9% / QoQ -3.1% 21.8 22.5 22.3 1.1 1.5 1.2 20.7 21.0 21.0 12.8 13.8 13.4 1Q-20 4Q-20 1Q-21 1Q-20 4Q-20 1Q-21 Total Equity Shareholders' Equity Non-controlli
Slide 15: Consolidated NIM
Consolidated NIM Figures in Ps. Billions Net Interest Income (Billions of COP) Growth Rate Excluding FX 1Q-20 4Q-20 1Q-21 YoY QoQ YoY QoQ Net Interest Income 2,008.7 2,045.2 2,026.6 0.9% -0.9% 0.5% 0.7% Excluding MFG 1,909.4 1,915.6 -4.6% 0.3% -5.0% 1.9% Excluding MFG 6.1% 5.7% 5.8% 5.6% 4.9% 5.4% 4
Slide 16: Fees and Other Income
Fees and Other Income Figures in Ps. Billions Gross Fee income YoY: 0.9%; Exc. FX: 0.6% QoQ: -1.4%; Exc. FX: 0.1% Fee Income Ratio (1) 34.9% 30.4% 34.2% 1,252.4 1,281.1 1,263.7 1.8% 3.3% 3.0% 3.4% 2.1% 3.4% 24.5% 23.5% 25.0% 70.3% 70.0% 69.6% 1Q-20 4Q-20 1Q-21 Other Fiduciary activites Pension fees
Slide 17: Efficiency
Efficiency Figures in Ps. Billions Efficiency (Billions of COP) Growth Rate Exc. FX & MFG 1Q-20 4Q-20 1Q-21 YoY QoQ YoY QoQ Total Operating Expenses 1,809.4 1,988.8 1,801.5 -0.4% -9.4% -6.1% -7.7% Total Income 3,512.9 4,140.1 3,650.7 3.9% -11.8% -1.3% -10.9% Cost to income (1) Cost to Assets (2) Exc
Slide 18: Profitability
Profitability Net Income attributable to controlling interest Figures in Ps. Billions 738.8 540.8 709.9 1Q-20 4Q-20 1Q-21 ROAA 1 1.6% 1.4% 1.2% 1Q-20 4Q-20 1Q-21 ROAE 2 14.3% 13.5% 10.1% 1Q-20 4Q-20 1Q-21 1. 2. ROAA for each quarter is calculated as annualized Net Income divided by average of total
Slide 19: Banco de Bogota
Banco de Bogota G
Banco de Bogotá — Bank of America Emerging Markets Debt & Equity Conference 2021 on 6ix