Grupo Supervielle Sa Class B · BCBA:SUPV
Grupo Supervielle Sa Class B — Q4 2018 Earnings Presentation
20 slides from Grupo Supervielle Sa Class B's earnings presentation, Mar 8, 2019
Slide 1: Grupo Supervielle 4Q18 Earnings Conference Call
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Slide 2: Disclaimer
COMPANY PRESENTATION j Disclaimer This presentation contains certain forward-looking statements that reflect the current views and/or expectations of Grupo Supervielle and its management with respect to its performance, business and future events. We use words such as “believe,” “anticipate,” “plan,
Slide 3: Fourth quarter 2018 highlights
COMPANY PRESENTATION GRUPO a Fourth quarter 2018 highlights SUPERVIELLE Attributable net income up 51% YoY in challenging macro backdrop. Sequentially flat when excluding additional LLPs to achieve 100% NPL Coverage goal ahead of plan VV VRe Attributable Comprehensive Income of AR$935.3 million, up
Slide 4: Macro dynamics in 2018 and beginning 2019
COMPANY PRESENTATION Macro dynamics in 2018 and beginning 2019 ... Challenging macro backdrop in 2018. FX stabilizing and interest rates declined in 4Q18, but GRUPO - SUPERVIELLE still remain high. Economic activity seems to have reached an inflection point in Dec’18 By INFLATION (9%) Jan 2019e 2019
Slide 5: 10.0% (3.8)% 14.1% 9.5% 28.4% (2.3)% 36.2% (1.5)%
10.0% (3.8)% 14.1% 9.5% 28.4% (2.3)% 36.2% (1.5)% 5
Slide 6: 146,123 141,115 146,123 141,115 120,789 120,789 92,202 96,570 96,570 92,202 6
146,123 141,115 146,123 141,115 120,789 120,789 92,202 96,570 96,570 92,202 6
Slide 7: 83,378 80,172 75,830 66,480 60,693 ´
83,378 80,172 75,830 66,480 60,693 ´ 7
Slide 8: Supervielle loan performance
COMPANY PRESENTATION . GRUPO - Supervielle loan performance SUPERVIELLE Loan book reflects lower loan demand in recessionary environment, AR$ appreciation on US$- denominated loans and risk management initiatives | | TOTAL LOAN PORTFOLIO BREAKDOWN BY SEGMENT Loans & Leasing Portfolio [AR$ Mill.]” CO
Slide 9: 97,185 94,906 75,673 56,409 55,540
97,185 94,906 75,673 56,409 55,540 9
Slide 10: Funding & deposit base
Dn 2) . . yy Funding & deposit base SOPERVIELLE Weight of retail deposits increased by 450 bps QoQ reaching 44% of total deposits BBP enone cars mii By Of Posits BREAKDOWN 54.4% DECEMBER 2018 ‘ Special 21.5% (3.7)% Checking Other Time 24.0% Accounts D . 140,307 eposits 6.5% | | 135,054 | Non interes
Slide 11: Net Financial Income, NIM & NFM
] Net Financial Income, NIM & NFM GRUPO a SUPERVIELLE Net Financial Income up 20% QoQ reflecting higher avg. asset & deposit volumes, and interest rates, partially offset by higher cost of funds. NFM expanded 210 bps sequentially. | AS Financial Income [AR$ Mill. ] | NIM2 TOTAL AR$ US$ Loan Portfoli
Slide 12: Service fee income & income from insurance activities
Service fee income & income from insurance activities GRUPO a SUPERVIELLE Net service fee income up 4% QoQ; driven by higher deposit and credit card fee income, partially offset by higher commissions paid and soft corporate loan origination BBP \c7 SERVICE FEE INCOME? CARS Mill. B 237. 3,981.5} 4Q17
Slide 13: Credit Card Loans NPL and Delinquency
Credit Card Loans NPL Credit Card Loans Delinquency +90 Personal Loans NPL Personal Loans Delinquency +90 Retail Segment NPL Retail Segment Delinquency 13
Slide 14: Asset quality consumer finance
GRUPO a SUPERVIELLE ] Asset quality consumer finance NPL creation and 3-month vintage remain well below peak levels of 1H18 reflecting tighter credit scorings. However, steep inflation following 101% AR$ devaluation resulted in some deterioration. By +30 DAYS DELINQUENCY, 3 MONTH VINTAGE BBP consume
Slide 15: Efficiency
*Efficiency: Personnel, Administrative expenses and Depreciation & Amortization divided by the sum of Net interest income + Net income from financial instruments at fair value through profit or loss + Exchange rate differences on gold and foreign currency, net services fee income, income from insura
Slide 16: Profitability
GRUPO a Profitability sureRviEwte Attributable Comprehensive Income up 98% YoY and 7% QoQ. Net Income up 51% YoY, and flat QoQ when excluding voluntary increase in LLPs to achieve 100% NPL Coverage Ratio ahead of plan ATTRIBUTABLE COMPREHENSIVE INCOME [AR$ Mill.] * 4Q18 Attributable Net Income, down
Slide 17: Capitalization
GRUPO a SUPERVIELLE Capitalization 40-bps sequential increase in 4Q18 capital ratios following AR$ appreciation in the quarter after the FX hike in the previous quarter and weak loan demand BBD PITAL DEPLOYMENT [Tier | ratio %1 Us 1.6 . - -0.3 13 __ = = 42 Li —= =_ 1518 1299 Consolidated Consolidate
Slide 18: FY2018 results fairly in line with guidance
COMPANY PRESENTATION GRUPO a SUPERVIELLE j FY2018 results fairly in line with guidance FY 2018 EXPECTATIONS (3) . FY'18 Guidance reported figures Total Loan Growth” 40-50 % 32.1% xX 4.6 - 5.1%! 5.8% x 18 - 20% Cost of Risk AR$ 2.9 - 3.3 Bill. 1. This assumed we were not increasing our NPL Coverage R
Slide 19: Supervielle 2019 guidance
Supervielle 2019 guidance sont 2019 MACRO FY 2019 ASSUMPTION EXPECTATIONS > GDP® expected to contract by 1.3% in 2019 Total Loan 21-31% Efficiency 61-63% - . - (e) > Inflation® reaching 32% for rowth Rio full year 2019 > Average Deposit rate” . AR$ (BADLAR) expected to reach Cost of Risk MRCS 3.3-3.
Slide 20: Grupo Supervielle
GRUPO | a SUPERVIELLE