Banco Davivienda SA · BVC:PFDAVVNDA
Banco Davivienda SA — Q2 2012 Earnings Presentation
23 slides from Banco Davivienda SA's earnings presentation, 2012
Slide 1: 2012 Earnings Presentation
2012 Earnings Presentation 1
Slide 2: The information presented here is exclusively informative and illustrative. It is not, nor does
The information presented here is exclusively informative and illustrative. 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 internally by DA
Slide 3: Content
Content • Second Quarter Highlights • Second Quarter 2012 Results 3
Slide 4: Davivienda currently serves 4.5 million customers including Daviplata
Davivienda currently serves 4.5 million customers including Daviplata, with 566 branches, 1,480 ATMs in 186 cities and 11,047 employees. Loans Composition Growth 21.4% 19.3% 1.8% Inorganic 10.1% 8.3% Internacional 11.2% 1994 - Jun 12 2007 - Jun 12 Organical growth Bancafé BanSuperior *Net loans incl
Slide 5: Shareholders Composition
Shareholders Composition Davivienda is part of Grupo Bolívar, a leading economic group in Colombia • One of the most important holdings in the country with over 70 years of experience and with presence in 6 countries in the region. Grupo Bolívar has activities in financial services, insurance and co
Slide 6: 2012 Results Summary
2012 Results Summary • Net profit grew 25.6% with respect to the same quarter 2011, reaching COP$159 billion in the quarter and COP $374 billion for the year ended June 30, 2012. • Net loan portfolio totaled COP $26.4 trillion, 14.4% growth versus 2Q11. • Portfolio quality decreased from 1.66% in Ma
Slide 7: During quarter, Davivienda contributed to building family and client's well-being
During quarter, Davivienda contributed to building family and client’s well-being • Leadership position in consumer focused mainly on payroll and credit cards, with disbursements increasing 15% and 10% from 2Q11. • Social housing mortgage credit balance grew 30%, $1.9 trillion. • Commercial loans gr
Slide 8: Successful debt placement in international markets
Highlights Successful debt placement in international markets A ten-year subordinated debt issuance for US$ 500 million yielding 5.95% with a 5 7/8 coupon. However, demand exceeded US$ 3 billion with 192 inverstors participating. Allocation by Region Solvency Rate after Issuance 8
Slide 9: Acquisition of HSBC's Central America Operations Update
Highlights Acquisition of HSBC’s Central America Operations Update: • The company continues to progress on several operating fronts, such as technology and communications with further integration scheduled upon the authorization of various regulators • The acquisition agreement has been well receive
Slide 10: Daviplata: Davivienda's eWallet
Highlights Daviplata: Davivienda’s eWallet • To expand options of Daviplata customers, the Company has negotiated with major collectors in Colombia. • Daviplata launched the National Money Service, enabling 566 offices. • Daviplata service already has over 568.000 users, and 380 agreements with gove
Slide 11: Local Offering of Bonds, Merger with Confinanciera, Dividends
Highlights Local Offering of Bonds In April, Davivienda issued $400 billion with a bid to cover ratio of 1.8 and will expire in 10 and 15 years In August, Davivienda issued $500 billion with a bid to cover ratio of 2.7 and will expire in 3,10 to 15 years. Merger with Confinanciera On July 31, 2012 D
Slide 12: Second Quarter 2012 Results
Second Quarter 2012 Results 12
Slide 13: Assets
Second Quarter 2012 Results Assets COP Trillion DAVIVIENDA JUN 11 DAVIVIENDA JUN 12 SYSTEM* JUN 12 *The assets of the system increased 16.7% during last year and ROAA reaches 2.15% (Individual figures as of 13 June 2012)
Slide 14: Gross Portfolio
Second Quarter 2012 Results Gross Portfolio COP Trillion Davivienda System* DAVIVIENDA JUN 11 DAVIVIENDA JUN 12 SYSTEM* JUN 12 Mortgage includes Home Leasing and Commercial includes Microcredits *Individual Information source: SFC as of June 2012 14
Slide 15: Gross Portfolio Credit Quality and Coverage
Second Quarter 2012 Results Gross Portfolio Credit Quality and Coverage NPL: Loans > 90 days Coverage: Provisions / Loans > 90 days 15
Slide 16: Product and Reserves
Second Quarter 2012 Results Commercial Product and Reserves Credit Quality and Reserves Consumer Mortgage Davivienda’s consumer loans grew during the year 4.7% while the system grew 21.4%. Quality: Loans > 90 days Coverage: Provisions / Loans > 90 days Mortgage includes Home Leasing Commercial inclu
Slide 17: Sources of Funding
Second Quarter 2012 Results Sources of Funding COP Trillion DAVIVIENDA JUN 11 DAVIVIENDA JUN 12 SYSTEM* JUN 12 *The sources of funding of the system increased 16.4% during last year (Individual figures as of June 2012) 17
Slide 18: Net income COP billion
Second Quarter 2012 Results Net income COP billion Quarter Accumulated Net income accumulated for the system grew 11.2%. ROAE for the system is 15.8%. ROAE: (12 months) / average equity 18 *Individual figures as of June de 2012
Slide 19: Financial Margin
Second Quarter 2012 Results Financial Margin COP billion Quarter Accumulated NIM = Gross Financial Margin (12 months) / Average interest earnings assets 20
Slide 20: Assets Under Management
Second Quarter 2012 Results Assets Under Management COP trillion 19
Slide 21: Expenses COP billion
Second Quarter 2012 Results ExpensesCOP billion Quarter Accumulated Efficiency = Operation expenses without goodwill / (gross financial margin + Operation income + other income and expenses, net) Efficiency for the system is 55.4% (Individual figures as of June 2012) 21
Slide 22: Davivienda Individual Results and Subsidiaries
Second Quarter 2012 Results Davivienda Individual Results and Subsidiaries Data in COP billion *In June 2012, the Bank reserved an additional $28 billion in the process related to the payment of income tax owed for fiscal year 2004. This amount was not included in the Individual Financial Statements
Slide 23: Thanks for your attention!
Thanks for your attention! Contact Information Investors Relations Phone (+571) 3300000 ext 53670 e-mail: atencionainversionistas@davivienda.com Website www.davivienda.com/inversionistas 23