Banco Davivienda SA · BVC:PFDAVVNDA
Banco Davivienda SA — Q3 2018 Earnings Presentation
16 slides from Banco Davivienda SA's earnings presentation, November 2018
Slide 1: Consolidated Financial Results 3Q18
Consolidated Financial Results 3Q18
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
Macroeconomic Aspects Colombia Economic Activity Index* Davivienda PMI Davivienda’s PMI (Annual Var) PMI Production 50 Quarterly Average Sep. 17 Dec. 17 Mar. 18 Jun. 18 Sep. 18 Jan. 17 Jun. 17 Nov. 17 Mar. 18 Aug. 18 Source: Banco Davivienda Source: DANE. * Índice de Seguimiento a la Economía (ISE)
Slide 4: Macroeconomic Aspects Central America
Macroeconomic Aspects Central America GDP (Y/Y %) Inflation (Y/Y) Sep. 16 Dec. 16 Mar. 17 Jun. 17 Sep. 17 Dec. 17 Mar. 18 Jun. 18 Mar. 17 Jul. 17 Dec. 17 Apr. 18 Sep. 18 Exchange Rate EMBI CRC/USD HNL/USD Mar. 17 Ago. 17 Jan. 17 May. 18 Oct. 18 Apr. 17 Sep. 17 Jan. 17 Jun. 18 Oct. 18 Source: Central
Slide 5: Main Results 3Q18
Main Results 3Q18 $289 MM Quarterly 6.53% Q/Q: 2.9% Y/Y: 5.8% NIM Q/Q: -3bps Y/Y: +31bps Net Income 46.5% $1.024 MM Accumulated Efficiency Y/Y: -82bps Y/Y: 10.9% $83.7 Trillion Total: 12.27% Gross Solvency & Y/Y: -24bps Loan Q/Q: 2.5% Y/Y: 8.3% Tier I Tier I: 8.37% Y/Y: +57bps Relevant Facts Total N
Slide 6: Digital Transformation & Daviplata
Digital Transformation & Daviplata 67% 6.0M 4.6M 23% 4.9M 28% 3.9M Digital Customers1 Daviplata Customers SEP. 17 SEP. 18 SEP. 17 SEP. 18 27% 27% Digital Transactions2 SEP. 17 SEP. 18 Daviplata SEP. 17 SEP. 18 App Users 1. Digital customers included retail, commercial and Daviplata segments. Current
Slide 7: Digital Sales & Strategic Alliances
Digital Sales & Strategic Alliances Mobile Savings Accounts # 152.000 Unsecured Personal Mobile Loans # 48.000 # 57.600 # 23.000 # 2.700 # 300 2x monthly opening rate through traditional 17x monthly disbursements through channels. traditional channels1. Strategic Allies 1. Compared to unsecured pers
Slide 8: Assets
Assets 3Q18 / 2Q18 3Q18/3Q17 Cash 8.2% 2.6% Investment, net (1.6%) 3.2% Gross Loan 2.5% 8.3% Loan Loss Reserve 4.7% 59.5% Others 5.0% 7.2% Asset 2.6% 6.1% Assets Sep.17 Jun. 18 Sep. 18 3Q18 / 2Q18 3Q18/3Q17 Colombia 75.9 79.0 81.2 2.7% 6.9% COP$ 23.6 23.8 24.2 2.0% 2.8% International USD$1 8.0 8.1 8
Slide 9: Gross Loans
Gross Loans 3Q18 / 2Q18 3Q18 / 3Q17 Mortgage 3.5% 14.9% Consumer 1.9% 5.5% Commercial 2.3% 6.8% Gross Loans 2.5% 8.3% Gross Loan Sep.17 Jun.18 Sep.18 3Q18/2Q18 3Q18/3Q17 Colombia 61.7 65.7 67.3 2.4% 9.0% COP 15.5 15.9 16.4 2.6% 5.5% International USD¹ 5.3 5.4 5.5 1.1% 4.2% Figures in COP trillion. 1
Slide 10: NPL and Coverage
NPL and Coverage NPL1 > 90 days Portfolio 3Q17 2Q18 3Q18 Commercial 2.81% 4.51% 4.73% Consumer 2.68% 2.60% 2.51% Mortgage 3.23% 3.81% 3.89% Subtotal (90) 2.87% 3.85% 3.96% Mortgage2 (120) 2.35% 2.92% 2.96% Total3 (120) 2.67% 3.64% 3.74% Coverage4 Total Reserves Coverage5 Portfolio 3Q17 2Q18 3Q18 Por
Slide 11: Funding Sources
Funding Sources 3T18/2T18 3T18/2T18 Demand Deposits 0.9% 2.3% Term Deposits 0.1% 10.9% Bonds (0.9%) (8.4%) Credits 12.7% 28.0% Funding Sources 1.8% 6.9% Gross Loan / Funding Sources 95.0% 95.7% 96.3% Funding Sources Sep.17 Jun.18 Sep.18 3Q18/2Q18 3Q18/3Q17 Colombia 61.2 65.3 66.2 1.4% 8.3% COP 20.1
Slide 12: Capital Structure
Capital Structure Equity (COP Trillion) Solvency Minimum Required 9.0% 4.5% 12 12
Slide 13: Financial Margin, Net
Financial Margin, Net QUARTER ACCUMULATED $2,625 $2,866 $845 $911 $904 Ratio Sep. 17 Jun. 18 Sep. 18 NIM 1 6.22% 6.56% 6.53% Cost of 2.13% 2.53% 2.48% Risk 2 3Q17 2Q18 3Q18 3Q18 3Q18/2Q18 3Q18/3Q17 Sep.18 Sep.18/Sep.17 $ (%) (%) $ (%) 2,173 (0.7) 0.7 Loan Income 6,592 1.2 147 (8.3) 6.7 Investment In
Slide 14: Expenses
Expenses QUARTER ACCUMULATED Sep. 17 Jun. 18 Sep. 18 Efficiency2 47.3% 46.6% 46.5% 3Q17 2Q18 3Q18 3q18 3Q18/2Q18 3Q18/3Q17 Sep.18 Sep.18/Sep.17 $ (%) (%) $ (%) 345 -13.2 3.2 Personnel Expenses 1,090 7.5 362 0.8 5.3 Operating Expenses 1,043 5.4 123 2.9 18.1 Other Expenses1 362 14.0 830 -5.3 6.1 Total
Slide 15: Net Income
Net Income QUARTER ACCUMULATED Sep. 17 Jun. 18 Sep. 18 ROAE1 14.4% 12.9% 12.9% $ $ $ $ $ ROAA2 1.5% 1.4% 1.4% 3Q17 2Q18 3Q18 3Q18 3Q18 / 2Q18 3Q18 / 3Q17 Sep.18 Sep.18/Sep.17 $ % % $ % 904 (0.8) 6.9 Financial Margin. Net 2,866 9.2 317 (5.4) 5.0 Operating Income 970 8.9 (830) (5.3) 6.1 Operating Expe
Slide 16: Investor Relations and Capital Management
Investor Relations and Capital Management ir@davivienda.com + (57 1) 220 3495 www.davivienda.com