Banco Santander (brasil) S.a. · BMFBOVESPA:SANB3
Banco Santander (brasil) — Q3 2015 Earnings Presentation
29 slides from Banco Santander (brasil)'s earnings presentation, Oct 29, 2015
Slide 1: Banco Santander (Brasil) S.A. 3Q15 BR GAAP Results
Banco Santander (Brasil) S.A. 3Q15 BR GAAP Results October 29%, 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,
Slide 3: Table of Contents
TABLE OF CONTENTS : Macroeconomic scenario Results Final remarks Annexes @& Santander
Slide 4: Macroeconomic Scenario - Consensus
MACROECONOMIC SCENARIO - CONSENSUS : GDP (Y-o-Y growth %) Interest Rate — Selic (%) 14 -3.0 2012-2013 2014. 2015e §=2016e 2012 2013-2014 2015e =. 2016e Inflation (IPCA %) Exchange Rate (RS / USS) 9.9 4.00 4.20 2012 -2013.«2014.-—«201Be ~—2016e 2012 2013-2014. 2015e + 2016e Source: Brazilian Ceniral
Slide 5: Table of Contents
TABLE OF CONTENTS , Macroeconomic scenario Results Final remarks Annexes @& Santander
Slide 6: Net Profit
NET PROFIT ° Net profit increases 2% in the quarter R$ MM ——— «m —___. 4,832 SE 157 2.0% Ly 1,633 “ers! 675 — 708 dadal 3Q14 4Q14 1Q15 2Q15 3Q15 9M14 9M15 Accounting Profit 4 Goodwill
Slide 7: Highlights 3Q15 / 2Q15
Balance Sheet Risks HIGHLIGHTS — 3Q15 / 2Q15 = Liquidity gap improvement v Expanded Loan Portfolio +3% v Funding from clients +4% = Balance sheet strenght v BIS ratio 15.8% v Loans / Deposits: 91% Results = Revenues evolve positively v Net interest income +2% = General expenses under control, with a
Slide 8: Results
RESULTS RSMM Managerial Profit 9M15 9M14 YoY QoQ) Net Interest Income 22,251 20,667 7.7% 2.0% Fee and Commission Income 8,657 8,081 7.1% 0.3% TOTAL REVENUES 30,908 28,748 7.5% 1.5% Allowance for Loan Losses (6,898) (7,263) -5.0% 4.7% General Expenses (12,691) (12,309) 3.1% -0.3% Others (5,020) (3,93
Slide 9: Net Interest Income
NET INTEREST INCOME Net interest income grows 2% in the quarter Net Interest Income Breakdown NII with Clients and Interest Rates RS MM Interest Rate (Quarter average) — Selic mit > 314 atta. 1715 2T18—-3T15 me 3% —— 22,251 10.9% © 113%) 122% 13.1% 14.0% 5,146 Credit Spread (%) 6983 7,140 4 9.6% ssf
Slide 10: Loan Portfolio
LOAN PORTFOLIO Loan portfolio grows 3% in the quarter Expanded Portfolio Segment Breakdown 10 RS Billion -— sa Individuals 82,786 324.7 3016 Consumer Finance 34,057 ‘SMEs 31,632 Corporate 113,505 Total 261,980 Other Transactions’ 70,359 Expanded Portfolio 332,340 Sep.14 Dec.14 Mar.15 Jun.15 Sep.15 R
Slide 11: Funding
FUNDING i Funding from clients grows 4% in the quarter RS Billion Sep-15 Sep-14 YoY(%) QoQ(%) Demand Deposits + Savings Deposits 54.1 H 50.7 66% © 5.1% Time Deposits + Debentures! 177.0 i 155.7. 13.7% i 2.3% Treasury Notes (Letras Financeiras)? 56.6 368 53.9% 11.0% 243.2 Funding From Clients - on ba
Slide 12: Fees and Commission Income
FEES AND COMMISSION INCOME es grow 7% in the year and remain stable in the quarter Total Breakdown of Fee and Commission Income RSMilion | 6% | R$ Million 9M15 9M14 YoY Q0Q ‘Asset Management 781 742 5.3% 7.3% Current Account 1496 1,377 8.7% 5.9% 2765 2,977 299g 2910 2,919 Lending Operations 1,019 90
Slide 13: General Expenses
GENERAL EXPENSES ° General expenses evolve well below inflation in twelve months General Expenses Breakdown of Expenses RS Million RS Million 9M15 9M14 YoY QoQ Administrative 5,317 5,504 -3.4% 3.7% Personnel 5,877 5,411 8.6% 47% Subtotal 11,194 10,915 2.6% 4.2% Depreciation/ 1 1, 7A +29: Amortizatio
Slide 14: Credit Indicators
CREDIT INDICATORS “ Ratios remain at comfortable levels NPL from 15 to 90 days NPL Over 90 days Coverage Ratio Over 90 days 184.7% 185.1% 61% gyn, 98% 88% 6.7% 170.2% y 52% 43% gy, 43% 45% 43% 48% 5 o— 3-0 —— 43% 44% 45% 3.7% 25% 26% 3.3% 39% 3.2% 3.2% . 6% 2.4% : 2.2% 2.2% ' oe—e—e >—e ~~ 21% 28% 2
Slide 15: Allowance for Loan Losses
ALLOWANCE FOR LOAN LOSSES Provisions and credit cost at controlled levels 9 3.7% 3.1% 2.9% 3.1% 3am 0% 3.1% [— 5.0% —> TT 0.7% ——————_> pam > 7,263 6,898 2,466 2.128 ott 2,338 2,448 3,070 2,795 aagE 2,967 a | 3Q14 4Q14 1Q15 2Q15 3Q15 9M14 9M15 —@ Credit Cost 4 Gross Allowance for Loan Losses Income
Slide 16: Performance Ratios
PERFORMANCE RATIOS Efficiency Ratio (%) Recurrence (%) 50.6% 50.1% 48.0% | ‘| Jn 3014 2015 3015 3014 2015 3015 ROAA (%) ROAE (%) 12.8% 11.6% 12.8% 1.2% 1.1% 1.1% 3014 2016 3015 3014 2015 3Q15
Slide 17: Liquidity and Capital Ratios
LIQUIDITY AND CAPITAL RATIOS " Loan to Deposit’ BIS Ratio 18.8% 18.1% 15.8% 96.4% 92.3% Pert Sep.14 Jun.15 Sep.15 Sep.14 Jun.15 Sep.15 a Tier! aTier ll 4. Total oan portfofo /funding from cliente @ Santander
Slide 18: Table of Contents
TABLE OF CONTENTS Macroeconomic scenario Results Final remarks Annexes 18 @& Santander
Slide 19: 3Q15 - Final Remarks
3Q15 — Final Remarks = Revenues remain with a positive trend = General expenses under control, with annual evolution well below inflation = Allowance for loan losses with moderate growth = Balance sheet strenght in terms of liquidity and solvency = Dividends declaration of RS 3.0 billion We continue
Slide 20: Table of Contents
TABLE OF CONTENTS . Macroeconomic scenario Results Final remarks Annexes @& Santander
Slide 21: Annexes - BR GAAP
Annexes — BR GAAP
Slide 22: Results - Managerial
RESULTS Managerial (rs million) gerial Financial Statemen 9M15 NET INTEREST INCOME 22,251 Allowance for Loan Losses (6,898) NET INTEREST INCOME AFTER LOAN LOSSES 15,353 Fee and Commission Income 8,657 General Expenses (12,691) Personnel Expenses + Profit Sharing (5,877) Administrative Expenses (6,81
Slide 23: Results - Managerial Quarterly
RESULTS ‘ Managerial — Quarterly (rs million) 19144 -2Q14—3Q14 aqua 1Q15 3Q1 NET INTEREST INCOME 7,000 6,686 6,980 6,983 7,140 7480 7,631 Allowance for Loan Losses (2,346) (2,451) (2,466) (2,128) (2,112) (2,338) (2,448) NET INTEREST INCOME AFTER LOAN LOSSES 4654 4,235 4514 4,854 5,028 5,142 5,183 Fe
Slide 24: Balance Sheet - Assets
BALANCE SHEET Assets (Rs mittion) Assets Sep-14 Dec-14 Mar-15 Jun Sep-15 Current Asset and Long-term Assets 497,162 572,730 596,216 591,269 «689,054 Cash and Cash Equivalents 5,050 5,075 4,964 5,525 6,928 Interbank Investments 56,077 39,809 48,736 56,850 59,264 Securities and Derivative Financial In
Slide 25: Balance Sheet - Liabilities and Equity
BALANCE SHEET Liabilities and Equity (rs mition) * abilities and Equity Dec-14 Mar-15 Jun-15 Sep-15 Current Liabilities and Long-Term Liabilities 455,129 531,085 553,030 541,233 642,458 Deposits 135,286 143,632. ~—140,580 «143,787 —145,585 Demand Deposits 14,084 16,049 15,255 14,842 18,521 Saving De
Slide 26: Balance Sheet - Loan Portfolio by Product
BALANCE SHEET Loan Portfolio by Product ( RS Million Sep-15 Sep-14 Var. YoY Jun-15 Var. QoQ Individuals 82,786 76,683 8.0% 81,534 1.5% Leasing / Auto Loans (*) 2,714 3,206 -15.4% 2,942 -7.8% Credit Card 17,453 16,854 3.6% 17,339 0.7% Payroll Loans 13,886 11,874 16.9% 13,193 5.3% Mortgage 25,157 19,4
Slide 27: IFRS vs. BR GAAP: Reconciliation
RESULTS ” IFRS vs. BR GAAP: Reconciliation RS Million 9M15 9M14 NET PROFIT - BR GAAP 5,831 1,583 Reversal of Goodwill Amortization 2,342 2,745 Extraordinary events BR GAAP 3,157 - MANAGERIAL NET PROFIT - BR GAAP 5,016 4,328 Impairment on Loans and Receivables (4) 37 PPA Amortization (57) (56) Others
Slide 28: Santander Acquiring
SANTANDER ACQUIRING “ In 9M15 : Q Volumes increase 42% in the last 12 months ceer. Revenues (R$ MM) = 26,068 || "37,889 || = 45% CEESEEHLETS [), v197.7 v 268.8 ¥ 36%
Slide 29: 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: October 29, 2015 Banco Santander (Brasil) S.A. By: / S / Amancio Acurcio Gouveia Amancio Acurcio Gou
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