Banco Davivienda SA · BVC:PFDAVVNDA
Banco Davivienda SA — Q1 2018 Earnings Presentation
16 slides from Banco Davivienda SA's earnings presentation, Jul 1, 2021
Slide 1: 1Q18 Consolidated Results Earnings Presentation
1Q18 Consolidated Results Earnings Presentation
Slide 2: The examples given shouldn’t be taken as a guarantee for future projections and it
The information presented here is exclusively for informative and illustrative purposes. 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 int
Slide 3: Macroeconomic Aspects: Colombia
Colombia Macroeconomic Aspects Davivienda PMI Indicators Weigh % Nov-17 Apr-18 May-18 Output 25 47.95 51.19 50.46 New orders 30 47.74 53.60 51.43 Employment 20 48.05 51.19 50.69 Raw material stock 10 45.52 51.95 49.05 Suppliers' delivery time 15 48.83 48.31 46.92 Davivienda PMI 100 48.15 52.06 51.05
Slide 4: Macroeconomic Aspects: Central America
Central America Macroeconomic Aspects 4 Source: Central American Banks
Slide 5: First Quarter Highlights
First Quarter Highlights Main Results Net Income as of March 2018 closed at COP $454 billion, 39.4% higher than the one registered on the same period of 2017. Consolidated gross loans presented an annual growth of 6.7%. NPL ratio closed at 3.25%, 118 bps higher than the one reported on March 2017. N
Slide 6: Our Business Strategy
Our Business Strategy What we want in our businesses… INNOVATION EFFICIENCY Synergy SERVICE between segments Sustainable Management Economic, Social and Environmental Leader in Main player in Retail Banking Commercial Banking CUSTOMER The Bank for SMEs’ Benchmark in Digital Wealth Management Bank In
Slide 7: IFRS 9 Implementation
IFRS 9 Implementation On January 1st of 2018, Banco Davivienda implemented IFRS 9, moving from an Incurred Loss model to an Expected Loss model. As a result of the financial estimations, we reallocated Loan Loss Reserves for COP $768 billion. Impacts on the Balance Sheet on January 1st: Assets Incre
Slide 8: Assets
Consolidated Assets (COP Trillion) 1Q18 / 4Q17 1Q18 / 1Q17 Cash (9.9%) (9.7%) Investments, net (5.4%) 11.2% Gross Loans 0.2% 6.7% Loan Loss Reserves 37.5% 68.2% Other assets 7.3% (0.3%) Assets (1.9%) 4.0% Assets Mar. 17 Dec. 17 Mar. 18 1Q18 / 4Q17 1Q18 / 1Q17 Colombia 73.3 77.8 77.3 (0.6%) 5.4% COP
Slide 9: Gross Loans
Consolidated Gross Loans (COP Trillion) 1Q18 / 4Q17 1Q18 / 1Q17 Mortgage 1.7% 13.9% Consumer (1.0%) 6.1% Commercial 0.2% 4.0% Gross Loans 0.2% 6.7% Gross Loans Mar. 17 Dec. 17 Mar. 18 1Q18 / 4Q17 1Q18 / 1Q17 Colombia 58.4 62.5 63.4 1.5% 8.5% COP 15.0 15.7 15.0 (4.9%) (0.3%) International USD1 5.2 5.
Slide 10: NPL and Coverage (%)
Consolidated NPL and Coverage (%) NPL1 > 90 days 1Q17 4Q17 1Q18 Commercial 1.58% 2.55% 3.34% Consumer 2.61% 2.63% 2.76% Mortgage 2.55% 3.35% 3.59% Total (90) 2.07% 2.76% 3.25% Mortgage2 (120) 1.93% 2.52% 2.70% Total3 (120) 1.93% 2.57% 3.04% Coverage4 Total Reserves Coverage5 1Q17 4Q17 1Q18 1Q17 4Q17
Slide 11: Funding Sources
Consolidated Funding Sources (COP Trillion) (en billones de pesos) 1Q18 / 4Q17 1Q18 / 1Q17 Demand Deposits (1.3%) (2.7%) Term Deposits 5.0% 13.5% Bonds (18.0%) 1.7% Credits 1.5% 18.8% Funding Sources (1.2%) 5.6% Net Loans / Funding Sources 89.9% 89.3% 89.5% Funding Sources Mar. 17 Dec. 17 Mar. 18 1Q
Slide 12: Capital Structure
Consolidated Capital Structure Solvency ratios Equity (COP Trillion) Mar. 18 / Mar. 17: 4.7% Mar. 18 / Dec. 17: -5.3% Tier I Tier II Minimum Requirement 12
Slide 13: Financial Margin, Net
Consolidated Financial Margin, Net (COP Billion) QUARTER 1Q18 1Q18 / 4Q17 1Q18 / 1Q17 $ (%) (%) Loan Income 2,230 3.5 2.3 Investment Income, Interbank 175 3.6 (5.3) Financial Income 2,405 3.5 1.7 Financial Expenses (890) (3.2) (12.0) Financial Margin, Gross 1,515 7.8 12.0 Provision Expenses (464) (9
Slide 14: Expenses
Consolidated Expenses (COP Billion) QUARTER 1Q18 1Q18 / 4Q17 1Q18 / 1Q17 $ (%) (%) Personnel Expenses 347 0.7 7.9 Operational Expenses 323 (17.7) 3.5 Other Expenses1 118 (10.1) 12.7 Total Expenses 789 (9.3) 6.7 Expenses 1Q17 4Q17 1Q18 1Q18 / 4Q17 1Q18 / 1Q17 Mar. 17 Dec. 17 Mar. 18 Colombia 561 670
Slide 15: Net Income
Consolidated Net Income (en miles millones de pesos) (COP Billion) QUARTER Mar. 17 Dec. 17 Mar. 18 ROAE1 17.0% 12.4% 13.5% ROAA2 1.77% 1.30% 1.42% 1Q18 1Q18 / 4Q17 1Q18 / 1Q17 $ % % Financial Margin, net 1,051 17.6 21.2 Operating Income 317 (2.5) 9.8 Operating Expenses (789) (9.3) 6.7 FX changes, De
Slide 16: Thank You!
¡Thank You! Investor Relations and Capital Management ir@davivienda.com +57 1 2203495 Bogota – Colombia 16