Banco Davivienda SA · BVC:PFDAVVNDA
Banco Davivienda SA — Davivienda — Q3 2013 Earnings Presentation
21 slides from Banco Davivienda SA's earnings presentation, November 2013
Slide 1: Earnings Presentation 3Q13 Consolidated Results
Slide 2: The examples given shouldn’t be taken as a guarantee for future projections and it
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: Third Quarter Highlights
Third Quarter Highlights Third Quarter 2013 Results
Slide 4: DAVIMIENDA
Third Quarter Highlights 2 DAVIMIENDA / ee
Slide 5: Third Quarter Highlights
Third Quarter Highlights On September 25, 2013, the acquisition of Corredores Asociados was completed for a total of $120 billion1 Corredores Asociados contributed $8.5 trillion of assets under management, representing a growth of 53%2 and reaching a total of $25.5 trillion At quarter end, total ass
Slide 6: Third Quarter Highlights
Third Quarter Highlights The Latin American Federation of Banks (FELABAN) awarded the Financial Innovation Award to Davivienda 2,500 service points, 1,790 agreements with companies and 1.9 million customers (1.3 million entered the financial system for the first time) From the subsidies initiated th
Slide 7: Third Quarter Highlights
Third Quarter Highlights Equity totaled $5.8 trillion up 12% from 3Q12. With the new solvency standard that took effect in August, the consolidated solvency closed at 10.96% Equity Consolidated Solvency (COP trillions) 9% 4,5% Regulatory minimum 7
Slide 8: Third Quarter Highlights
Third Quarter Highlights On September 30, 2013, a dividend of $280 per share was paid, for a total of $124 billion. The Colombian Financial Superintendence authorized the expansion of the Issuance and Placement of Local and Subordinated Bond Program, with an additional of $3.0 trillion1, which can b
Slide 9: Third Quarter Highlights
Third Quarter Highlights Davivienda continues its strategy: Accumulated Net Income1: $592 billion, growth of 9.6% compared to last 9M12 Equity growth of 12%, compared to September 2012 ROAE2 rose from 10.7% to 13.5% Best performance in asset quality, from 1.84 in 2Q13 to 1.64 at quarter end 1. Accum
Slide 10: Third Quarter Highlights
Third Quarter Highlights Payroll disbursements totaled $612 billion, 9.1% higher than 2Q13 and 13.0% higher than 3Q12. Construction disbursements totaled $472 billion, an increase of 35.4% compared to 3Q12. $1.1 trillion was disbursed for mortgage loans with a growth of 54.8% compared to 2Q13 and 75
Slide 11: “~~ eee DAVIVIENDA >"
“~~ eee 2 DAVIVIENDA >"
Slide 12: Consolidated Assets
Consolidated (COP trillions) Consolidated Q/Q Y/Y Cash -1.0% 49.6% Investments, net -1.5% 71.4% Loans, net 3.9% 33.2% Other assets 0.6% 38.0% Assets 2.3% 39.5% ROAA(1) 1.98% 1.31% 1.52% Assets Sep. 12 Jun. 13 Sep. 13 Q/Q Y/Y Colombia 37.2 43.2 44.6 3.3% 20.0% International (2) 1.5 10.7 10.5 -2.0% 58
Slide 13: Gross Loans
Consolidated (COP trillions) Consolidated Colombia International Q/Q Y/Y Q/Q Y/Y Q/Q Mortgages (1) 13.2% 70.8% 15.6% 43.7% 1.7% Consumer 2.2% 20.4% 2.1% 5.0% 2.5% Commercial (2) 1.2% 28.1% 1.0% 9.1% 1.8% Total 3.8% 32.7% 4.2% 13.7% 1.9% Gross Loans Sep. 12 Jun. 13 Sep. 13 Q/Q Y/Y Colombia 28.1 30.7
Slide 14: Consolidated Loan Quality and Coverage
Consolidated Quality: Loans>90 days Coverage: Allowances/ Loans>90 days 14
Slide 15: Loan Quality and Coverage by Portfolio
Consolidated Consumer Commercial 1 Mortgage 2 Quality: Loans>90 days Coverage: Allowances/ Loans>90 days 1 Commercial includes microcredit 2 Mortgages includes leasing 15
Slide 16: Funding Sources
Consolidated (COP trillions) Consolidado Q/Q Y/Y Demand Deposits 5.8% 41.2% Term Deposits 5.1% 61.5% Bonds -6.6% 18.8% Credits -6.8% 31.4% Funding Sources 2.5% 41.5% Loans Net/ Funding 87.7% 81.4% 82.5% Sources(1) Funding Sources Sep. 12 Jun. 13 Sep. 13 Q/Q Y/Y Colombia 30.4 35.0 36.3 3.7% 19.5% Int
Slide 17: Consolidated NIM
Consolidated (COP billions) QUARTERLY ACCUMULATED 3,288 2,883 NIM(1) Sep. 12 Jun. 13 Sep. 13 7.8% 7.1% 7.2% 3T12 2T13 3T13 Jan-Sep 12 Jan-Sep 13 Consolidated Consolidated Colombia 3Q13/2Q13 Accum 13/Accum Accum 13/Accum (%) 12 (%) 12 (%) 1.7 Loan Income 18.7 4.2 N/A Investment Income, Overn. -26.3 -
Slide 18: Consolidated Efficiency
Consolidated (COP billions) QUARTERLY ACCUMULATED Efficiency(1) Sep. 12 Jun. 13 Sep. 13 47.7% 55.7% 54.7% Consolidated Consolidated Colombia 3Q13/2Q13 Accum 13/Accum 12 Accum 13/Accum 12 (%) (%) (%) 0.5 Personnel Expenses 26.9 2.2 1.3 Operating Expenses 46.1 7.7 -1.0 Other Expenses (2) 26.7 8.8 0.4
Slide 19: Consolidated ROAE
Consolidated (COP billions) QUARTERLY ACCUMULATED ROAE(1) Sep. 12 Jun. 13 Sep. 13 15.4% 10.7% 13.5% Consolidated Consolidated Colombia 3Q13/2Q13 Accum 13/Accum 12 Accum 13/Accum 12 3Q13 Accum 13 (%) (%) (%) 716 172.8 Financial Margin, net 1,567 16.8 -2.9 280 0.7 Fees & Commissions 837 35.3 4.4 -594
Slide 20: Accumulated Net Income Consolidated
Consolidated (COP billions) Accum. Net Income Sep 12 Sep 13 Sep 13/ Sep 12 Colombia 516.0 499.4 -3.2% International 21.7 102.1 371.5% Homogeneizations 2.7 -9.1 - Subtotal International 24.4 93.0 281.3% Total 540.4 592.4 9.6% Colombia includes Davivienda´s individual net income, local subsidiaries an
Slide 21: Thank You
¡Gracias Thank por su atención! You! atencionainversionistas@davivienda.com +57 1 2203495