Banco Davivienda SA · BVC:PFDAVVNDA
Banco Davivienda SA — Davivienda — Q3 2021 Earnings Presentation
21 slides from Banco Davivienda SA's earnings presentation, December 2021
Slide 1: Consolidated Financial Results - 3Q21
Davivienda Consolidated Financial Results - 3Q21
Slide 2: Disclaimer
The information hereby presented is exclusively for informative and illustrative purposes and it is not, nor does it pretend to be, a source for legal or financial assessment of any kind. Certain statements in this presentation are “forward-looking” statements within the meaning of the U.S. Private S
Slide 3: Macroeconomic Colombia
Aspectos Macroeconómicos Macroeconomic Colombia Fundamentals Colombia Gross Domestic Product (Y/Y) Davivienda Confidence Index1 * Year-to-date average Source: Banco Davivienda. 1. Has your level of confidence about the country's Source: National Administrative Department of Statistics (DANE). economi
Slide 4: Macroeconomic Fundamentals CAM
Macroeconomic Fundamentals CAM Gross Domestic Product (Y/Y) Inflation (Y/Y) Exchange Rate Monetary Policy Rate Source: Central Banks from Central America. 4
Slide 5: 3Q21 Main Results
3Q21 Main Results Market Share By Gross Loans $928 1 Accum. Net Profit Accum. Y/Y: 135.5% 15.9%4 15.2% Customer Awards Financial Services 9.7% 1st Bank in Colombia Gross Loan Portfolio 9.2% 2 $113.6 Q/Q: 2.4% Y/Y: 1.9% 2018 Sep.21 Innovation and CLAB Financial Inclusion NIM FX+D 19.3 M 6.28% Q/Q: -2
Slide 6: Digital Transformation Evolution
Digital Transformation Evolution Digital Transactions Sales1 by Channel2 (% of products) (% of monetary transactions) Digital Deposits3 Digital Loans3 Digital Investments3 1.2x 1.6x 1.9x Y/Y Y/Y Y/Y 46% 151% 16% Y/Y Y/Y Y/Y 4% Deposits 14% Retail Banking Portfolio 1. Accumulated figures. 2. Accumula
Slide 7: DaviPlata, Our Digital Native Bank
DaviPlata, Our Digital Native Bank Outstanding Electronic Deposits Accum. Transactional Income Customer Base ($ Billion COP) ($ Billion COP) (Million) 1.3x 1.2x 13.3 +2.3M Y/Y Y/Y 11.0 Y/Y 3.4 2.5 +600k Q/Q 3.9 4.2 4.6 5.7 Ecards Accum. Transactions Accum. Purchases* Current cards Monetary + Non Mon
Slide 8: Results of Our Sustainable Management
Results of Our Sustainable Management Environmental Social Green Financing Social Financing COP Trillion COP Trillion - Sustainable construction - Social Housing - Renewable energy - Social Housing for - Sustainable infrastructure Women - Energy efficiency - Women SMEs $6.3 Tn evaluated with the Envir
Slide 9: Balance Sheet - Assets
Activo Balance Sheet - Assets 3.2% By Operation 3.5% 3Q20 2Q21 3Q21 3Q21/2Q21 3Q21/3Q20 Cash 13.0% 15.7% Net Investments 3.2% 2.1% Assets 3Q21/2Q21 3Q21/3Q20 Gross Loans 2.4% 1.9% Colombia 3.7% 3.1% Loan Loss Reserves -1.5% -9.1% COP 2.9% 3.7% Others 2.7% -2.2% International Assets 3.5% 3.2% USD1 1.
Slide 10: Balance Sheet - Gross Loans
Balance Sheet - Gross Loans 1.9% By Segment By Operation 2.4% 3Q20 2Q21 3Q21 3Q21/2Q21 3Q21/3Q20 Mortgage 4.8% 14.0% Gross Loans 3Q21/2Q21 3Q21/3Q20 Consumer 4.6% 3.8% Colombia 2.5% 1.6% Commercial -0.2% -4.9% COP 1.9% 3.1% Gross Loans 2.4% 1.9% International USD¹ 0.1% 4.5% FX Effect 0.4% -0.3% 1. F
Slide 11: Loan Portfolio - Relief Programs Evolution
Activo Loan Portfolio - Relief Programs Evolution COL Payment Behavior Up to date: 85.4% Past due 31 - 90 days: 8.1% Past due > 90 days: 6.5% 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 % Portfolio under relief Commercial Consumer Mortgage CAM Payment Behavior Up to date: 90.3% Past due 31 - 90 days: 6.2% Pa
Slide 12: Balance Sheet - Credit Risk Management
Balance sheet - Credit Risk Management Loans by Stages PDL1 > 90 days Portfolio 3Q20 2Q21 3Q21 Commercial 3.65% 3.92% 3.99% Consumer 0.75% 2.90% 2.76% Mortgage 3.47% 4.96% 4.45% Total 2.80% 3.90% 3.76% Mortgage2 (120) 3.21% 4.17% 3.70% Total3 (120) 2.74% 3.70% 3.57% 3Q20 2Q21 3Q21 Stage 1 Stage 2 St
Slide 13: Balance Sheet - Funding Sources
Balance Sheet - Funding Sources 2.5% 1.8% By Segment By Operation 3Q20 2Q21 3Q21 Gross Loans / Funding 94.7% 93.7% 94.2% Sources 3Q21/2Q21 3Q21/3Q20 Funding Sources 3Q21/2Q21 3Q21/3Q20 Demand Deposits 5.3% 13.9% Colombia 1.8% 2.0% Term Deposits -5.3% -12.7% Bonds 7.4% 24.6% COP 2.0% 4.0% Internation
Slide 14: Balance Sheet - Capital Structure
Balance Sheet - CapitaI Structure Capital Adequacy Ratios Total Equity2 Buffer vs Minimum requirements 3.9% 696 bps 11.50% 3.00% 1.50% 1.50% 2Q21 3Q21 1.00% CET1 4.50% 7% Leverage Ratio New minimum 2Q21 3Q21 BIII requirements + Buffers1 Common Equity Tier 1 (CET1) Systemic Buffer (CET1) Conservation
Slide 15: P&L - Financial Margin
P&L - Financial Margin QUARTER ACCUMULATED Sep.20 Jun.21 Sep.21 12 Months 6.23% 6.08% 6.03% 1 NIM Annualized Quarter 6.05% 6.41% 5.88% 12 Months 6.33% 6.30% 6.28% NIM Annualized FX+D2 6.17% 6.65% 6.13% Quarter 3Q20 2Q21 3Q21 Sep.20 Sep.21 3Q21 $ 3Q21/2Q21 % 3Q21/3Q20 % Sep.21 $ Sep.21/Sep.20 % 2,537
Slide 16: P&L - Expenses
P&L - Expenses QUARTER ACCUMULATED Sep.20 Jun.21 Sep.21 Cost-to- 12 Months 47.3% 46.3% 46.6% Income1 Annualized 45.6% 46.5% 46.8% Quarter 3Q20 2Q21 3Q21 Sep.20 Sep.21 3Q21 $ 3Q21/2Q21 % 3Q21/3Q20 % Sep.21 $ Sep.21/Sep.20 % 462 -0.4 16.9 Personnel Expenses 1,335 10.3 664 1.8 5.3 Operating Expenses an
Slide 17: P&L - Net Income
P&L - Net Income Sep.20 Jun.21 Sep.21 QUARTER ACCUMULATED 12 Months 6.10% 4.57% 7.12% ROAE1 Annualized Quarter 1.48% 13.07% 11.49% 12 Months 0.59% 0.43% 0.67% 2 ROAA Annualized Quarter 0.14% 1.25% 1.11% 3Q20 2Q21 3Q21 Sep.20 Sep.21 3Q21 $ 3Q21/2Q21 % 3Q21/3Q20 % Sep.21 $ Sep.21/Sep.20 % 1,210 -5.6 6
Slide 18: Expectations 2021 - 2022
Expectations 2021 - 2022 2021 2021 2022 (August 2021) (Dic. 2021) (Dic. 2021) Growth Δ 5% - 7% Δ 7.5% - 8.5% Δ 10% -11% Loan Portfolio PDL* ~ 4% 3.7% - 3.8% 3.3% - 3.5% NIM ~ 6% ~ 6% 6.0% - 6.3% Cost of Risk 2.9% - 3.1% 2.7% - 2.9% 2.4% - 2.6% Profitability Other Operating Income Δ 20% - 25% Δ 20% -
Slide 19: Visit us at ir.davivienda.com
Investor Relations and Capital Management ir@davivienda.com + (57 601) 220 3495 www.davivienda.com Bogotá - Colombia Visit us at ir.davivienda.com
Slide 20: Appendix
Appendix 20
Slide 21: Balance Sheet - Coverage Ratios
Balance Sheet - Coverage Ratios Coverage1 Loan Loss Reserves / Gross Loans2 Portfolio 3Q20 2Q21 3Q21 Portfolio 3Q20 2Q21 3Q21 Commercial 156.5% 143.5% 141.0% Commercial 5.7% 5.6% 5.6% Consumer 1050.7% 234.7% 231.4% Consumer 7.9% 6.8% 6.4% Mortgage 64.3% 47.5% 46.9% Mortgage 2.2% 2.4% 2.1% Total 197.