Banco De Bogota Sa · BVC:BOGOTA
Banco De Bogota Sa — Credicorp Capital XX Andean Conference 2022
17 slides from Banco De Bogota Sa's conference presentation, Sep 21, 2022
Slide 1: Credicorp Capital - Banco de Bogota XX Andean Conference
Credicorp Capital- Banco de Bogota XX Andean Conference 2022 Corporate Presentation Sep 21st – 22nd, 2022 The Issuers Recognition-IR granted by the Colombian Securities Exchange is not a certification about the quality of the securities listed at BVC nor the solvency of the issuer. 1
Slide 2: Disclaimer
Disclaimer Banco de Bogotá is an issuer of securities in Colombia and, as such, it is required to comply with periodic reporting requirements and corporate governance practices. As a financial institution, the Bank is subject to inspection and surveillance from Colombia’s Superintendency of Finance.
Slide 3: 2Q-2022 Performance Overview
2Q-2022 Performance Overview Attributable Net Income for 2Q-2022 was $641.9 billion pesos leading to an annualized 16.6% ROAE. 2.0%(1) 16.6%(1) • Profitability ratios remain strong in line with solid ROAA ROAE operations’ growth. • Total NIM slightly decreased due to negative Net Interest Margin (2)
Slide 4: Digital Transformation
Digital Transformation Sales Channel Transformation Service Channel Transformation Cumulative Total Digital Sales (k) 1 Active Digital Retail Clients (k) 1,515 ∆ CAGR 26.6% 7.7 out of 10 1,007 2,191 884 1,366 1,582 Outstanding Products sold in Consumer Ratings in Colombia our Banking App are digital
Slide 5: Context – Macro Performance Colombia
Context – Macro Performance Colombia Monthly activity indicator vs. GDP1 (YoY %) Inflation vs. Central bank rate (YoY %) 30% 26.1% 12% 2020 2021 2022e 10.21% 20% 10% Inflation (YoY %) 1.6% 5.6% 10.1% 16.5% 9.00% Central Bank Rate (%) 1.75% 3.00% 10.50% 10% 8.5% 8% 0% 6% Central bank rate -10% Headli
Slide 6: Context – Macro Performance Panama
Context – Macro Performance Panama GDP (YoY%) Monthly activity indicator – IMAE (YoY%) 20% 40% 15.3% 15% 30% 27.7% 10% 20% 5% 7.5% 10% 0% IMF Forecasts -5% 0% -10% -10% -15% -20% -20% 2015 2016 2017 2018 2019 2020 2021 2022 2023 -30% may-18 may-19 may-20 may-21 may-22 GDP growth by sectors – First q
Slide 7: Assets & Loan Portfolio Detail – Consolidated
Assets & Loan Portfolio Detail – Consolidated Figures in Ps. Trillions Total Assets Breakdown Total Gross Loan Portfolio Structure $130.4 $87.5 Other industrial and manufacturing products, 4.1% Other, 5.1% Public services, 3.6% Other Commercial services, 21.4% Chemical production, 3.6% Assets, (1) 1
Slide 8: Loan Portfolio Quality – Consolidated
Loan Portfolio Quality – Consolidated 30 days PDLs / Gross Loans Cost of Risk (1) 90 days PDLs / Gross Loans Loan provision (net of recoveries of charged-off assets) / 30 days PDLs / Gross Loans Average Loans 90 days PDLs / Gross Loans Loan provision / Average Loans 6.2% 4.9% 2.6% 4.6% 2.3% 1.7% 4.8
Slide 9: Loan Portfolio Quality – Colombia and Central America
Loan Portfolio Quality – Colombia and Central America Colombia (COP) Panama (USD) Pro forma Pro forma 1Q-22 2Q-22 1Q-22 2Q-22 2Q-21 2Q-21 Delinquency Ratio 30-days PDLS / Gross Loans 6.9% 5.2% 4.9% 2.7% 3.8% 3.2% 90-days PDLS / Gross Loans 5.4% 4.1% 3.8% 2.1% 1.8% 2.2% Cost of Risk (1) Net Provision
Slide 10: Loan Portfolio Quality – Breakdown
Loan Portfolio Quality – Breakdown 30 days PDLs 90 days PDLs Pro forma Pro forma 1Q-22 2Q-22 1Q-22 2Q-22 2Q-21 2Q-21 Commercial 5.6% 4.6% 4.3% 4.9% 4.0% 3.8% Consumer 8.4% 5.6% 5.2% 5.2% 2.8% 2.7% Mortgage 5.0% 5.1% 4.8% 2.9% 2.9% 2.9% Microcredit 32.2% 28.7% 24.1% 24.2% 25.1% 20.7% Total Loans 6.2%
Slide 11: Consolidated Funding
Consolidated Funding Figures in Ps. Trillions Total Funding Total Deposits YoY: 7.5%; Exc. FX: 5.7% YoY: 4.7%; Exc. FX: 3.2% QoQ: 7.4%; Exc. FX: 5.6% QoQ: 9.5%; Exc. FX: 7.9% 103.7 103.8 111.5 80.6 77.0 84.4 Pro forma 2Q-21 1Q-22 2Q-22 Pro forma 2Q-21 1Q-22 2Q-22 Pro forma Pro forma % 1Q-22 2Q-22 %
Slide 12: Equity and Capital Adequacy as Reported
Equity and Capital Adequacy as Reported Figures in Ps. Trillions Attributable Equity + Minority Interest Tangible Common Equity YoY: -33.1% YoY: -0.02% QoQ: 2.6% QoQ: 2.5% 23.5 1.34 15.3 15.7 0.04 0.04 22.2 14.4 14.1 14.4 15.3 15.7 2Q-21 1Q-22 2Q-22 2Q-21 1Q-22 2Q-22 Total Equity Shareholders' Equit
Slide 13: Consolidated NIM
Consolidated NIM Figures in Ps. Billions Net Interest Income (Billions of COP) Growth Rate Pro forma 1Q-22 2Q-22 2Q-21 YoY Exc. Fx QoQ Exc. Fx Net Interest Income 1,009.3 1,089.4 1,126.5 11.6% 10.9% 3.4% 3.0% 5.1% 5.4% 5.0% Net Interest Margin (1) 4.3% 4.6% 4.4% Net Interest Margin on Loans (2) Net
Slide 14: Fees and Other Income
Fees and Other Income Figures in Ps. Billions Gross Fee income YoY: 20.0%; Exc. FX: 19.5% Fee Income Ratio (1) QoQ: 7.1%; Exc. FX: 6.9% 21.2% 21.8% 21.9% 375.2 401.9 335.0 8.1% 7.6% 8.2% 9.8% Other 10.0% 11.3% Fiduciary activites 80.5% 81.9% 82.6% Banking fees Pro forma 2Q-21 1Q-22 2Q-22 Other Opera
Slide 15: Efficiency
Efficiency Figures in Ps. Billions Efficiency (Billions of COP) Growth Rate Pro forma 1Q-22 2Q-22 2Q-21 YoY Ex FX QoQ Ex FX Total Operating Expenses 675.0 724.3 772.7 14.5% 13.5% 6.7% 6.2% Total Income 1,519.5 2,996.6(1) 1,771.3 16.6% 15.8% 5.9%* 5.6%* * Calculated excluding extraordinary income fro
Slide 16: Profitability as Reported
Profitability as Reported Net Attributable Income Figures in Ps. Billions 2,288.3 863.4 641.9 2Q-21 1Q-22 2Q-22 5.2% ROAA 5.0% (Reported) 1 1.8% 2.0% 0.0% 2Q-21 1Q-22 2Q-22 ROAE (Reported) 50.0% 2 45.1% 16.0% 16.6% 0.0% 2Q-21 1Q-22 2Q-22 1. ROAA for each quarter is calculated as annualized Net Incom
Slide 17: Banco de Bogota
Banco de Bogota G
Banco de Bogotá — Credicorp Capital XX Andean Conference 2022 on 6ix