Banco Davivienda SA · BVC:PFDAVVNDA
Banco Davivienda SA — Q4 2010 Earnings Presentation
37 slides from Banco Davivienda SA's earnings presentation, Jul 1, 2021
Slide 1: Quarterly report 4Q10
D/VIMIENDN Quarterl report 4010 DIWIMIENDAN
Slide 2: Table of contents
Table of contents Important facts of the Quarter Consolidated Results Summary Profits Assets Loans Deposits and Bonds Equity and Solvency Financial Margin Commissions and Fees Expenses Financial Statements 2
Slide 3: Important facts of the quarter
Important facts of the quarter 3
Slide 4: Preferred Shares Offering
Preferred Shares Offering The Shares performance in the stock exchange has been considered satisfying, with a traded percentage of 3,7% in Dec10 and a year- end valuation of 42,5% increasing from$16.129 to $22.980. The number of ordinated shares that turned preferred was about 25.6 million. 66,9 $23
Slide 5: Bond placement
Bond en placement During 2010 there was an ordinated bonds issues for $1 billion (COP) and subordinated issues for $250 billion In March 2011 had place an issue of ordinated bonds for $600 billion having a demand of $1.093 billon. The Davivienda’s bonds were the ones traded the most on the market. F
Slide 6: Daviplata
Daviplata DaviPlata is a new financial service of easy and safe management of electronic cash for all colombian. Login from the cellphone, Register the username from the cellphone, from any part of the country, no cost or document required. A solution for Financial Inclusion. Transfer Money How much
Slide 7: Debit card Davivienda Transmilenio
Debit card Davivienda “Transmilenio” The same card with two different functionalities: It can be use as a rechargeable ticket for massive transport in the city. Banking transactions 7
Slide 8: Fusion between Davivienda and Granbanco
Fusion between Davivienda and Granbanco Ended up a successful Integration with Granbanco, reaching the position of the 3th largest bank in the country having: Shares for $29.6 billon Patrimony of $3.57 billon Net Portfolio of $20.8 billon This Process allowed the offer of new services for the costum
Slide 9: Miami International Bank Branch
Davivienda S.A. Miami International Bank Branch During the second semester of 2010, was approved the conversion of “Bancafé International that was a filial into a Davivienda’s branch office , receiving authorization from both american and colombian regulatory authorities. This is an operation that s
Slide 10: Consolidated results
AQUI LO TIENE TODO fF DAVIVIENDAN 10
Slide 11: Summary
Summary Consolidated Results The consolidated Profits have grown 25,6% reaching $579,3 billion. The gross loan portfolio was $20,8 billon year-end, showing a growth of 5% compared to 3Q10 and a 21.6% contrasted with the 4Q09. The loan portfolio quality was 3.6% contrasting with 4.3% that reached in
Slide 12: Profits
Results of the 4th Quarter Profits Profits 4Q09 - Profits 12 months 4Q1010 48% 13.1% 579 111 461 75 IV Quarter/09 IV Quarter/10 Dec/09 Dec/10 Data in COP Billion Source: SFC 12
Slide 13: Assets
Fourth Quarter Results Assets 13.2% 28,7 29,6 26,2 27,5 27,2 Davivienda’s participation in market to Dec10: 11.6%. 4Q09 1Q10 2Q10 3Q10 4Q10 18% 14,8% 6% 5,7% Dec 2009 9,3% Davivienda 11% Dec 2010 70.1% 65% Gross Portfolio Fixed Assets with valuation and dererred Disposable Net Investments Source: SF
Slide 14: Loans
Fourth Quarter Results Loans 21.6% 20. 18. 19. 1,8 17,1 17. 2,4 2,1 2,3 2 Davivienda’s 6,7 7,2 7,6 6,4 participation in 6 market to Dec10: 13.7%. 10,2 10,5 10,7 11,4 12,6 Dec/09 June/10 Dec/10 Dic 2009 Dic 2010 Commercial Consumer Mortgage 11% 8% 33% 56% 35% 57% Commercial Consumer Mortgage Source:
Slide 15: Loans Growth, Quality and Coverage
Fourth Quarter Results Loans Growth, Quality y Coverage Total Consumer Commercial Mortgage Dec09 - Dec10 Dec09 - Dec10 Dec09 - Dec10 Dec09 -Dec10 Loan Quality 2,2 1,6 2,8 2,7 1,7 0,7 2,1 2,0 Loan Quality Coverage 146 151 114 119 196 216 176 167 Source: SFC. Quality: Consumer >60 Days / total, Commer
Slide 16: Deposits and Bonds
Fourth Quarter Results Deposits and Bonds 9.3% 20.5 21.6 21.2 21.5 22.4 3,1 Davivienda’s 2,2 2,8 2,8 2,6 participation in 7,2 7,1 7,6 market to Dec10: 7,1 7,1 11.8% for 2,7 2,7 2,8 2,9 3,3 Deposits and 16.7% for bonds 8,5 9,1 8,6 8,5 8,9 issues Dec09 March10 June10 Sept10 Dec10 Dec 2009 Dec 2010 14%
Slide 17: Equity and Solvency Evolution
Fourth Quarter Results Equity and Solvency Evolution 4 3.7 3.6 20% the ROE reached 3.0 3.0 1 16.2% 3 2.8 0,9 15% respects to 0,8 0,9 0,9 17.1% 4Q09 2 10% 2,7 2,7 1 1,9 2,1 2,1 5% Wighted assets by risk level to Dec10 reached $25.6 billon. 0% Dec09 June10 Dec10 Tier1 Tier 2 Solvency 4Q09 1Q10 2Q10 3Q
Slide 18: Financial Margin
Fourth Quarter Results Financial Margin 4Q09 to 4Q10 Margin Aggregated Financial Margin 500 31% 655 2.085 19.2% 2.486 148 220 737 780 140 43 544 362 587 633 2472 2416 -70 -361 -171 -705 -172 -711 -198 -963 IV Trim/09 IV Trim/10 2009 2010 Provisions Total expenses Portfolio Income Net Investment inco
Slide 19: Expenses
Fourth Quarter Results Expenses 4Q09 to 4Q10 expenses Aggregated Expenses 479 1.732 16 409 17.1 23 1.53 12.6 143 33 91 10 149 222 41 551 128 242 469 768 206 644 31 49 141 180 IV Trim/09 IV Trim/10 2009 2010 Amortization and Depreciation Operational expenses Personnel Taxes Other Expenses Source: Sup
Slide 20: Services Income
Fourth Quarter Results Services Income Aggregated Services Income to Dec10 4% 9.4 2% 163 9% 149 85% Dec09 Dec10 Perssonal Commercial Trust Fund International Services Income/ Total Income DAV Dec09 Aggregated 23,1% Dec10 Aggregated 24,5% Data in COP Billion 20
Slide 21: Consolidated Financial Statement
Consolidated Financial Statement 21
Slide 22: Main figures
Main figures Accumulated Company Assets Liabilities Equity Profit Banco Davivienda S.A. 28.237 24.668 3.569 517 Bancafé Panamá S.A. -99.9% 1.007 850 158 29 Confinanciera S.A. -94.9% 417 346 71 16 Bancafé Int. Corporation S.A. -100% 198 175 23 -0.5 Fiduciaria Cafetera S.A. -94.01% 76 7 69 7 Fiduciari
Slide 23: Balance: Assets
Balance December 09 December 10 Variation Assets $ % Cash and cash equivalents 1,549 1,492 -57 -3,7% Active positions in monetary market 55 192 136 246,9% and related operations Investments 4,576 4,392 -184 -4,0% Credit portfolio and financial leasing 17,075 20,768 3,693 21,6% Acceptances, cash and
Slide 24: Balance: Liabilities and Equity
Balance December/09 December/10 Variation Liabilities $ % Deposits and current liabilities 18,342 19,348 1,006 5,5% Liability positions in monetary market 516 58 -458 -88,8% and related operations Bank acceptances outstanding 2 82 80 3.682% Banking credits and other financial 1,400 2,400 1,000 71,5%
Slide 25: Statement
Statement December 09 December 10 Variation $ % Direct operating income 3,376 3,180 -196 -5.8% Direct operating expenses 1,401 893 -507 -36.2% Direct operating results 1,975 2,286 311 15.8% Other operating income 377 378 0 0.1%% Other operating expenses 960 1,371 412 42,9% Other direct income and ex
Slide 26: Financial Statements
| Financial Statements — & DAVMIENDA | AWS aR
Slide 27: Balance: Assets
Balance December 10 June 10 Variation Assets $ % Cash and cash equivalents 1,326 1,251 74,7 6,0% Active position in monetary market 192 304 -112 37,0% and related operations Investments 4,066 3,600 467 13,0% Credit portfolio and financial leasing 19,819 17,766 2,054 11,6% Acceptances, cash and deriv
Slide 28: Balance: Liabilities and Equity
Balance December10 June10 Variation LIABILITIES $ % Deposits and current liabilities 18,063 17,134 929 5,4% Liability positions in monetary market and 58 139 -81 58,0% related operations Bank acceptances outstanding 80 65 15 23,0% Banking credits and other financial 2,385 1,693 692 41,0% obligations
Slide 29: Statements
Statements December/10 June/10 Variation $ % Direct operating income 2,210 2,048 162 7,9% Direct operating expenses 1,003 978 26 2,6% Direct operating results 1,207 1,070 136 12,7% Other operating income 568 576 -7 -1,3% Other operating expenses 688 578 110 19,0% Operating Results 1,087 1,068 19 1,8
Slide 30: Thanks for your attention!
¡Thanks for your attention! 30
Slide 31: Bank Results
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Slide 32: Analysis and Asset structure
Analysis and Asset structure Davivienda’s Assets Behavior This Growth is being impulsed 14 28. 24.8 by the increase of 22% in the loan portfolio 16.2 19.8 that represents the 70% of total 5.6 5.6 assets. 2.9 2.8 Net Loan Portfolio Inversiones y Disponible Other Assets ( Data in COP Billon) 32
Slide 33: Loan Portfolio
Loan Portfolio Presented a significant increase on the loan portfolio evolution as a result of the increase in the commercial portfolio, 21,9% and the increase in the consumer portfolio about the 25%. 20% 19% 20.8 Composition 14% 22% 17.4 15.3 10,1 12.6 8,3 48% Commercial 7,2 5,4 Consumer Mortgage 5
Slide 34: Loan Portfolio quality index and coverage
Loan Portfolio Davivienda Bank - Loan Portfolio Quality Index and coverage (Dec10) Davivienda 2009 2010 Consumer 2,81% 2,65% Commercial 1,63% 0,73% Mortgage 2,13% 2,03% Total 2,12% 1,62% Coverage 287,79% 330,45% Commercial Portfolio includes Micro-credits Mortgage Portfolio includes Home Leasing Qua
Slide 35: Analysis and Liabilities structure
Analysis and Liabilities structure Liabilities grow to $2.6 Billon. Bonds Issue showed a growth of 41,2%, Which explains the liabilities increasing trend. 24.7 22.1 11.9 8,7 Saving Accounts 8,5 Time Deposits 5,9 Checking Accounts 5,6 Bonds 3,1 Others 2,6 3,1 2,1 3,1 3,8 Dec09 Dec10 (Data in COP Bill
Slide 36: Patrimony and Net income
Patrimony and Net income Patrimony increased in 31%, achieving $3.6 billion explained by the share issue of $416 COP billion and the net income results. Net income and Solvency Evolution 550 20% 13.64 15% 500 12.44 10% Utility 517 450 Solvency 5% 456 400 0% 2009 2010 (Data in COP Billion) Annual Uti
Slide 37: Loan Portfolio Growth, Quality and Coverage
Fourth Quarter Results Loan Portfolio Growth, Quality and Coverage Consumer Commercial Mortgage 4Q09 - 4Q10 4Q09 - 4Q10 4Q09 - 4Q10 Loan Portfolio Quality Davivienda 2,8% 2,7% 1,7% 0.8% 2,1% 2,0% Market 4,5% 2,8% 2,2% 1,4% 3,9% 3,7% Portfolio Cover Davivienda 114,1% 118,6% 215,8% 233,4% 111% 121,6%