Grupo Cibest S.a. · BVC:CIBEST
Grupo Cibest — Q3 2020 Earnings Presentation
23 slides from Grupo Cibest's earnings presentation, Nov 13, 2020
Slide 1: 3Q20 Earnings Results
3Q20 EARNINGS RESULTS 1 Investor Relations – 3Q20 Results
Slide 2: Overview 3Q 2020
Overview 3Q 2020 Digital Strategy * Digital Banking consolidated with more than 8 million digital clients * Transactions through our digital channels represent now 85% of the total amount * New approach based on Ecosystems Ee Macro * Due to the end of lockdowns, most economic activity indicators hav
Slide 3: During 3Q20 economic activity rebounded sequentially
During 3Q20 economic activity rebounded sequentially, as mobility increased and more sectors resumed operation Main macroeconomic indicators for Colombia Observed Indicator Forecast 2020 Forecast 2021 1Q20 2Q20 3Q20 GDP growth (YoY % variation) 1.4% -15.7% -9.7% (E) -8.1% 5.2% 9, a a ar rate (% of a
Slide 4: Ecosystems
Ecosystems Relationship and service orchestrator DEMAND SUPPLY py Over 15 million clients L_] (] we foaneny Profiled demand through t -— @ @ es SS Corporates and SMEs we Strategic clients of Bancolombia analytical capabilities ©) Non-Client Users of Bancolombia INDEPE| CONTR,
Slide 5: Ecosystems
Ecosystems = QR Code - Transactions QR Code - Merchants 700 60 600 sO 444 a 406 AG 361 374 400 310 30 3 3 5 243 6 300 3 2 2 = 20 e 200 158 “ | : I - af I ° jan-19 jun-19 nov-19 apr-20 sep-20 sep-19 nov-19 jan-20 mar-20 may-20 jul-20 sep-20 . = Merchants mmm APP mm NEQUI mmBALM —# Transactions (Left
Slide 6: Digital Sales
Digital Sales a Digital Sales vs Total Sales Quarterly Banking Sales by Channel 45.5% 1,098 1,096 1,107 1,063 1,002 3.0% 129 154 227 2016 2017 2018 2019 2020 Mar-19 Jun-19 Sep-19 Dec-19 Mar-20 Jun-20 Sep-20 mas Digital Sales* Asa % of total sales * Figures in Thousands “Figures in Thousands ——Physic
Slide 7: Evolution of the credit reliefs
ae Evolution of the credit reliefs on a consolidated basis es Credit Reliefs 4 50% Credit Reliefs over total loans . > © June July August September Evolution of the credit reliefs by segment ona consolidated basis 9) Retail Deferrals ] SME’s Deferrals | Corporate Deferrals | r) ral 68% i 54% 28% 28%
Slide 8: Credit Reliefs
Credit Reliefs Colombia First wave of reliefs Total reliefs COP 13.7 Trillion mw _— 6.9% of total loans ww m Retail mSMEs mCorporate 88% of loans after relief are performing Retail includes Consumer and Mortgages, Percentages in the bars are as a proportion of the total loans under relief, -_- —/- P
Slide 9: Consumer parameters update and COVID
Consumer Parameters Deterioration, Update + 32% COVID, 37% 9
Slide 10: Credit Risk: Stages
_ Credit Risk | ~- Stages Loan Breakdown by Stages Coverage by Stages | 1.3% 6% 9% March June September March June September mStagel mStage2 =Stage3 mStage1 mStage2 mStage 3 10
Slide 11: Provisions and Allowances
es Provisions and Allowances ad 4.8% Net Provisions Charges 2.3% 5 2.5% 3Q20/3Q19 A +133% 1.7% 1.8% 1.6% 3Q20/2Q20 A -31% Cost of Risk: a3 3 3.4% (Last Twelve Months) 4Q18 1Q19 2aQ19 3aQi19 4ai9g 1Q20 2Q20 3Q20 mm Provisions ==Cost of Risk 4Q18 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 mam Allowance for lo
Slide 12: Asset Quality and Coverage
Asset Quality and Coverage Asset Quality Evolution 3Q19 4Q19 1Q20 2Q20 3Q20 Initial PDLs 8,122 7,563 7,530 9,079 6,975 New PDLs* 91 730 2,234 (1,372) 2,539 Charge-offs (650) (763) (685) (732) (571) PDLs and Coverage per Category % of loan Overdue 30 days Overdue 90 days portfolio 3Q20| 3a19 2Q20 3Q2
Slide 13: Capital Adequacy
Capital Adequacy 12.8% 4Q19 Capital Adequacy 12.4% 12.6% 1Q20 2Q20 mTier1 mTier 2 14.8% 3Q20 -_- —/- Standalone Capital Adequacy 19.81% 13.91% 13.71% 13.17% “10% 114% 13.91% 11.84% “5% 4: o% 7.78% Bancolombia Banco Agricola Banistmo GAH ---Total Solvency Min Requirement ---Tier 1 Minimum Requirement
Slide 14: Liquidity Management
Liquidity Management a Cash & Balances + Investments : Liabilities aig A #16% COP Trillion 4020/3019. 8 437% COP Trillion 3a20/ f REPOS + $53.2 $52.8 H $203.9 $2011 Interbank ; ' REPOS + $172.7 1% 1% Borrowings $38.6 aa ikea ' Interbank 4% Financial 6% ' Deposits Reena q = Borrowings Investments : ;
Slide 15: Colombia and Central America Overview
PY Colombia and Central America Overview - zs = Q 9 Bancolombia™ —__ Banistmo we ! Fi ial Highlight: red i Provision aes <G>0Y /scisoiee Acquired in 2013 Provision ' charges ! charges Efficiency: 47.0% / 47.7% = | Efficiency: 48.4% / 49.7% sg NIM: 5.7% / 6.2% s 1,926 NIM: 3.4% / 3.8% gs 240 Fee Inco
Slide 16: NIM & NII
NIM & Nil 6.2% 6.1% 6.3% 5.9% 6.0% 5.8% 6.2% 6.2% 5.9% 5.8% 6.0% 5.6% 5.9% 5.5% 5.6% 5.6% 1.3% . 1.7% 2aQ18 3aQis 4Q18 1Q19 2Q19 3aQig 4Qi19 1Q20 2Q20 3Q20 =——Net interest margin Loans Net interest margin — Investment Net interest margin Net Interest Income 2,901 2,782 2,769 mNet Loans Income = Net
Slide 17: Operating Expenses & Efficiency
Operating Expenses & Efficiency Total Operating Expenses Personnel Expenses* Administrative Expenses 3Q20/3Q19 A -5% 3Q20/3Q19 A -10% 3Q20/3Q19 A -2% 1,186 1,165 2,041 , 1,933 855 768 3Q19 3Q20 3a19 3Q20 m Personnel Expenses* m= Administrative Expenses and other pec 50.5% 51.5% 49.7% 4.3% 4.1% 4.1%
Slide 18: Non-Interest Income
Non-Interest Income Evolution of Net em rae 10.7% 3Q20/3Q19 4 -2% a 3Q20/2Q20 A 12% — 4a19 1Q20 2Q20 3Q20 mmNet Fees Fee Income Ratio Credit/debit cards Bancassurance Trust/Inv. B/Brokerage services 3Q20/2Q20 A 18% 3Q20/2Q20 A 0% 3Q20/2Q20 A 21% Boe 478 452 385 93 73 84 84 140 Oo | 110 133 4Q19 1Q20
Slide 19: 3Q20 Earnings Results
3Q20 EARNINGS RESULTS 19 Investor Relations– 3Q20 Results
Slide 20: Assets and Loans Breakdown
Assets and Loans Breakdown Total Assets Other sectors, 22% 3Q20/3Q19 A +12% 3Q20/2Q20 A -1% Consumer Services, 35% Transport and Communications, 5% Construction, 1% ; Commerce and =Gross Loans sNet Investments = Other Commercial Tourism, 14% Services, 12% 199 BN 184 BN 158 BN Te Ek pa 20.9% 16.7% 17
Slide 21: Profitability
Profitability ROE & ROA 13.41% 0.42% 3Q17 3Q18 3Q19 ——ROE ——ROA ROE Last Twelve Months 3.7% 3Q20 2
Slide 22: Disclaimer
-_- Disclaimer Bancolombia This report_.corresponds tothe interim unaudited consolidated financial statements of BANGOLOMBIA S,A, and its subsidiaries (“BANCOLOMBIA” or “The Bank”) which Bancolombia controls, amongst others, by owning directly or indirectly, more than 50% of the voting capital stock
Slide 23: 3Q20 Earnings Results
3Q20 EARNINGS RESULTS 23 Investor Relations– 3Q20 Results