Banco Santander (brasil) S.a. · BMFBOVESPA:SANB3
Banco Santander (brasil) — Q2 2015 Earnings Presentation
32 slides from Banco Santander (brasil)'s earnings presentation, Jul 30, 2015
Slide 1: Banco Santander (Brasil) S.A. 2Q15 BR GAAP Results
Banco Santander (Brasil) S.A. 2Q15 BR GAAP Results July 30th, 2015 @ Santander
Slide 2: Disclaimer
DISCLAIMER This presentation may contain certain forward-looking statements and information relating to Banco Santander (Brasil) S.A. ("Santander Brazil") and its subsidiaries that reflect the current views and/or expectations of Santander Brazil and its management with respect to its performance, b
Slide 3: Table of Contents: Macroeconomic scenario
TABLE OF CONTENTS Macroeconomic scenario
Slide 4: Macroeconomic Scenario - Consensus
MACROECONOMIC SCENARIO - CONSENSUS ‘ GDP (Y-o0-Y growth %) Interest Rate — Selic (%) 2012 2013 «=. 2014. 2015e += 2016e | 371.8 2012 «2013-2014. 2015e §= 2016e Inflation (IPCA %) Exchange Rate (RS / USS) 9.2 2012 «2013 ~=(-2014 | 2015 2016e 2012 2013 =. 2014. = 2015e += 2016e
Slide 5: Table of Contents: Results including extraordinary events
TABLE OF CONTENTS Results including extraordinary events
Slide 6: Net Profit - Results including extraordinary events
NET PROFIT Toot | Results including extrao events R$ MM 125.7% ————> 195.9% 6,465 3,15 r 15.5% > 3,308 2.6% > 234 im pi 26% 1,633 1,675 | 1015 2015 Extraordinary 215 614 6M15 — Extraordinary 6M15, events Total profit events Total profit
Slide 7: Extraordinary Events 2Q15
Extraordinary events EXTRAORDINARY EVENTS 2Q15 R$ MM - after taxes Balance sheet strengthening R$ 1,613 4,770 799 ——— a —— 3.157 2330 0 : 331 Tax provision Intangible Fiscal and civil Credit provisions Total reversal amortization / contingencies (Cofins) others
Slide 8: Table of Contents
TABLE OF CONTENTS °
Slide 9: Net Profit
NET PROFIT f Lec] * Net profit increases 3% in the quarter R$ MM lr 26% > 1,633 1,675 1,437 1,464 1,521 : | 951 ; - ; : 2Q14 3Q14 4Q14 1Q15 2Q15 6M14 6M15 Accounting Profit “4 Goodwill
Slide 10: Highlights - 2Q15 / 1Q15
10 HIGHLIGHTS — 2Q15 / 1Q15 wane = Liquidity gap improvement = Revenues with robust increase v Net interest income +5% v Expanded Loan Portfolio -1% - v Fees +3% 9 v Funding from clients +6% ra $4j|= Allowance for loan losses +11% o a v Net interest income, net of allowance for = = Balance sheet str
Slide 11: Results | Recurrent
RESULTS | Recurrent 1! RSMM Var. (%) 6M15 Managerial Profit 6M15 6M14 YoY QoQ] Extraordinary Total Net Interest Income 14,620 13,686 6.8% 4.8% (411) 14,209 Fee and Commission Income 5,738 5,316 7.9% 2.9% 5,738 TOTAL REVENUES 20,358 19,002 7.1% 4.2% (411) 19,947 Allowance for Loan Losses (4,450) (4,7
Slide 12: Net Interest Income | Recurrent
NET INTEREST INCOME | Recurent | 12 Net interest income accelerates and grows 5% in the quarter Net Interest Income Breakdown NII with Clients and Interest Rates RS MM Interest Rate (Quarter average) ~ Selic 1% ———>> 88% > oT1g 3714 aT14.1T15 2715 14,620 i 10.9 % 10.9% 11.3% 12.2% 13.1% p 48% > 7,48
Slide 13: Loan Portfolio | Recurrent
LOAN PORTFOLIO | Recurrent 18 Loan portfolio decelerates in the quarter Expanded Portfolio Segment Breakdown RS Billion Share Loan [ ——— 150% ——__> RS Million Jun-15 Jun-14 YoY Q0Q Portfolio in Jun/15 10% be Individuals 81,534 75,679 7.7% = 2.1% 32% 3247 321.6 Consumer Finance 35,338 36,851 -4.1% ©
Slide 14: Funding | Recurrent
FUNDING (csoow | gamer | Recurent | Funding from clients grows 6% in the quarter RS Billi Demand Deposits + Savings Deposits n Jun-15 Jun-14 YoY(%) QoQ(%) 514 50.4 2.0% = -2.6% Time Deposits + Debentures' : 173.1 146.8 17.9% 5.7% 336 15.5% 230.7 5.7% Treasury Notes (Letras Financeiras)” i 51.0 275.5
Slide 15: Fees and Commission Income
FEES AND COMMISSION INCOME paaeal © es increase 3% in the quarter Total Breakdown of Fee and Commission Income RS Million a | asm | R$ Million 6M15 6M14 YoY Q0Q Asset Management sil 477 7.2% 3.3% 29% > Current Account 966 912 6.0% 7.5% a9e3 2,765 2,977 2,828 2,910 Lending Operations 681586 163% 7.8%
Slide 16: General Expenses
GENERAL EXPENSES (roan | eee” iliceemeaaal *° General expenses w 5% in the quarter and twelve months General Expenses Breakdown of Expenses RS Million 6.6% RS Million 6M15 6M14 YoY QoQ Administrative 3,480 3,573 -2.6% 3.6% Personnel 3,823 3,547 7.8% 5.4% Subtotal 7,304 7,120 2.6% 4.6% Depreciation/
Slide 17: Credit Indicators
CREDIT INDICATORS Reon] ” Delinquency improves in twelve months and worsens in the quarter NPL from 15 to 90 days NPL Over 90 days Coverage Ratio Over 90 days 7.5% 0, 68% 6.8% 6.7% 64% 158.5% 5.0% 5.6% 5.2% 43% giy 43% 45% 48% 5 41% 43% 44% 3.7% » 27% 6% 3.0% 3.2% 2 3.3% 22% 2.2% 25% “% 2.7% “oe 24%
Slide 18: Allowance for Loan Losses
18 ALLOWANCE FOR LOAN LOSSES | ei Credit cost below 2014 levels 3.8% 3.7% 3.1% a 31% 22% 3.0% 72% —> [- TS 46% > 10.7% > i 4,797 4,450 2,451 2,466 2,128 2412 2,338 | , 6,044 5,535 3,043 3,070 | 2,795 2568 2,967 T T T T 1 2Q14 3Q14 4Q14 1Q15 2Q15 6M14 6M15 —@ Credit Cost 4 Gross Allowance for Loan Lo
Slide 19: Performance Ratios
PERFORMANCE RATIOS (rostoom | Prec [ilgeeeesea * Efficiency Ratio (%) Recurrence (%) 49.5% 49.8% 50.1% | | 66.5% 68.9% 67.7% 2014 1015 2015 2014 1015 2015 ROAA (%) ROAE (%) 18.2% 1.5% 11.6% 128% =| 12.8% | i 2014 1015 2015 2014 1015 2015 (71 Considers the extraordinary events
Slide 20: Liquidity and Capital Ratios
LIQUIDITY AND CAPITAL RATIOS. peel” Loan to Deposit’ BIS Ratio 17.9% 18.1% 98.1% 99.0% a Junt4 Mar.18 Jun.15 Jun.14 Mar.15 Jun.15 Galtier! = ggaTier ll
Slide 21: Table of Contents: Final remarks
TABLE OF CONTENTS “ Final remarks
Slide 22: 2Q15 - Final Remarks
2Q15 — Final Remarks Good performance in the quarter in a challenging environment = We continue to invest in our business platforms = Revenues accelerate and present good performance = General expenses with annual evolution below inflation = Slight worsening of credit quality, with coverage increase
Slide 23: Table of Contents: Annexes
TABLE OF CONTENTS Annexes
Slide 24: Annexes - BR GAAP
Annexes — BR GAAP
Slide 25: Results - Managerial
RESULTS ‘ Managerial (rs million) Var. YoY Managerial Financial Statement 6M15 6M14 % NET INTEREST INCOME 14,620 13,686 934 6.8% Allowance for Loan Losses (4,450) (4,797 347° -7.2% NET INTEREST INCOME AFTER LOAN LOSSES 10,170 8,889 1,281 14.4% Fee and Commission Income 5,738 5,316 422 7.9% General E
Slide 26: Results - Managerial Quarterly
RESULTS . Managerial — Quarterly (rs million) 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 NET INTEREST INCOME 7,000 6,686 6,980 6,983 7,140 7,480 Allowance for Loan Losses (2,346) (2,451) (2,466) ~—(2,128) (2,112) (2,338) NET INTEREST INCOME AFTER LOAN LOSSES 4,654 4,235 4514 4,854 5,028 5,142 Fee and Commission
Slide 27: Balance Sheet - Assets
BALANCE SHEET Assets (rs mittion) Assets Current Asset and Long-term Assets Cash and Cash Equivalents Interbank Investments Securities and Derivative Financial Instrument Interbank Accounts Interbranch Accounts Lending Operations - Allowance for Loan Losses Other Receivables Other Assets Permanent A
Slide 28: Balance Sheet - Liabilities and Equity
BALANCE SHEET Liabilities and Equity (rs mition) jabi ies and Equity Current Liabilities and Long-Term Liabilities Deposits Demand Deposits Saving Deposits Interbank Deposits Time Deposits Money Market Funding Funds from Acceptance and Issuance of Securities Interbank Accounts Interbranch Accounts B
Slide 29: Balance Sheet - Loan Portfolio by Product
BALANCE SHEET ° Loan Portfolio by Product ( RS Million Jun-15 Jun-14 Var. YoY Mar-15 Var. QoQ Individuals 81,534 75,679 7.7% 79,819 2.1% Leasing / Auto Loans (*) 2,942 3,199 -8.0% 3,132 -6.1% Credit Card 17,339 16,704 3.8% 17,170 1.0% Payroll Loans 13,193 12,091 9.1% 12,757 3.4% Mortgage 24,235 17,9
Slide 30: Results - IFRS vs. BR GAAP Reconciliation
RESULTS IFRS vs. BR GAAP: Reconciliation RS Million NET PROFIT - BR GAAP Reversal of Goodwill Amortization Extraordinary events BR GAAP MANAGERIAL NET PROFIT - BR GAAP Impairment on Loans and Receivables PPA Amortization Others MANAGERIAL NET PROFIT - IFRS Extraordinary events IFRS NET PROFIT - IFRS
Slide 31: Santander Acquiring
SANTANDER ACQUIRING . In 6M15: Q Volumes increase 45% in the last 12 months Revenues (RS MM) = 16,308 = 24,341 = 49% Transactions (MM) = 126.9 V1711 V35% Revenues (R$ MM) "9,574 Gaur Transactions (MM) = 160.5 Revenues (R$ MM) Transactions (MM)
Slide 32: Signature
SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereto duly authorized. Date: July 30, 2015 Banco Santander (Brasil) S.A. By: / S / Amancio Acurcio Gouveia Amancio Acurcio Gouvei
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