Banco Do Brasil S.a. · BMFBOVESPA:BBAS3
Banco Do Brasil — Q3 2024 Earnings Presentation
19 slides from Banco Do Brasil's earnings presentation, Nov 14, 2024
Slide 1: Earnings
#Pública Earnings . For further info Point your mobile for MD&A 3Q24
Slide 2: Generating value from the execution of our corporate strategy
#Pública Generating value from the execution of our corporate strategy Adjusted Net Income 9M24 3Q24 R$ 28.3 R$ 9.5 ROE 9M24 billion billion 21.5% +8.4% 9M24/9M23 +8.3% 3Q24/3Q23 Value Added to Society 9M24 3Q24 R$ 63.4 R$ 20.5 billion billion 2 | 19
Slide 3: Robust Growth of the Loan Portfolio
#Pública Robust Growth of the Loan Portfolio Sep24/Sep23 Individuals Payroll Loan R$ 328.3 billion Payroll Loans for Public +11.2% Servants and Pensioners +21.2% 1,204.8 +7.9% Sep24/Sep23 Sep24/Sep23 RS 137 billion in Private Sector Payroll Loans balance +23.5% 1,066.2 Loan Portfolio Expanded View C
Slide 4: Always close and relevant to the rural producer's life
#Pública Always close and Crop Plan 24/25 relevant to the Agribusiness R$ 260 billion R$ 97 billion rural producer's life available Disbursed until Nov 04th is strong and resilient: 45% Increase in disbursement share Factors that have Food security NPL +90d influenced the 1.97% +65 bps over Jun/24 c
Slide 5: A bank for each customer
A bank for each customer 70% Hyperpersonalization CRM 360º View of the Individuals loans disbursements 386 million of monthly 475 million in the 9M24 was to business referrals contacts approached customers Permanent evolution of relationship models 20 years of quality in high-income relationships Ma
Slide 6: Leader in sustainability and in promoting ESG business and practices
#Pública Leader in sustainability and in promoting ESG business and practices Sustainable Portfolio 31% R$ 369.6 of BB’s loan portfolio is sustainable billion ESG Guidance Sustainable Loan Portfolio We all +9.1% Sep24/Sep23 2024 9% to 13% care Sustainable funding Sustainability, Culture + of R$ 36 b
Slide 7: Earnings Highlights 9M24
#Pública Adjusted Net Income 28.3 +8.4% R$ billion 9M24/9M23 Net Interest Income 77.2 +13.9% R$ billion 9M24/9M23 Earnings Fee Income 26.3 +4.8% Highlights R$ billion 9M24/9M23 9M24 Administrative Expenses (27.5) +4.9% R$ billion 9M24/9M23 Loan Portfolio Expanded View 1,204.8 +13.0% R$ billion Sep24
Slide 8: Adjusted Net Income
#Pública 2024 Guidance Adjusted Net Income Observed in 9M24 R$ 28.3 bn R$ 37 to 40 bn R$ billion ROE 21.3 21.6 21.1 21.3 21.5 % +8.3% +8.4% +0.1% 28.3 26.1 8.8 9.5 9.5 3Q23 2Q24 3Q24 9M23 9M24 8 | 19
Slide 9: Net Interest Income
#Pública 2024 Guidance Net Interest Income Observed in 9M24 13.9% 10% to 13% R$ billion +9.3% +13.9% +1.3% 77.2 67.7 23.7 25.5 25.9 60.9 60.1 Margin with Clients 20.6 19.9 20.8 Margin with the Market 3.1 5.7 5.1 7.6 16.2 Variation 3Q23 2Q24 3Q24 Variation 3Q24/2Q24 9M23 9M24 3Q24/2Q24 1.7 1.9 1.1 -3
Slide 10: Loan Portfolio Expanded View
#Pública 2024 Guidance5 Loan Portfolio Expanded View¹ Observed in 9M24 11.2% 8% to 12% R$ billion NPL +90d and Coverage Index (%)² +13.0% 199.1 196.7 196.0 191.3 +1.9% Coverage 177.6 3.33 1,182.9 1,204.8 NPL +90d 2.81 2.92 2.90 3.00 1,066.2 Sep/23 Dec/23 Mar/24 Jun/24 Sep/24 NPL formation (%)² ALLL
Slide 11: Individuals Loan Portfolio
#Pública 2024 Guidance Individuals Loan Portfolio Observed in 9M24 7.9% 6% to 10% R$ billion Individuals NPL +90d (%) +7.9% 5.02 4.79 4.77 4.81 5.03 +2.3% 320.8 328.3 Sep/23 Dec/23 Mar/24 Jun/24 Sep/24 304.1 Payroll Loan Individuals Coverage Ratio (%) +11.2% Sep24/Sep23 169.1 171.8 170.5 171.9 163.7
Slide 12: Companies Loan Portfolio
#Pública 2024 Guidance Companies Loan Portfolio Observed in 9M24 11.8% 7% to 11% R$ billion +13.5% Companies NPL +90d (%) +0.1% 3.04 3.37 3.19 3.38 3.58 421.1 421.6 371.4 Sep/23 Dec/23 Mar/24 Jun/24 Sep/24 232.4 226.6 Corporate 197.8 Companies Coverage Ratio (%) SME 121.8 123.0 115.0 243.9 234.0 231
Slide 13: Agribusiness Loan Portfolio
#Pública 2024 Guidance Agribusiness Loan Portfolio Observed in 9M24 13.7% 11% to 15% R$ billion +13.7% +3.1% Agribusiness NPL +90d (%) 1.97 386.6 0.96 1.19 1.32 375.0 0.71 339.9 Working capital for input purchase Sep/23 Dec/23 Mar/24 Jun/24 Sep/24 +19.0% Sep24/Sep23 Agribusiness Coverage Ratio (%) A
Slide 14: ALLL Expanded View
#interna 2024 Guidance ALLL Expanded View Observed in 9M24 R$ -26.4 bn R$ -37 to -34 bn R$ billion Reviewed: previous R$ -34 to -31 bn 4.0 4.2 Cost of 3.3 credit1 Credit Risk Impairment Discounts Granted Recovery of Write-offs (1) ALLL Expenses Credit Risk 12 months / Medium Classified Loan Portfoli
Slide 15: Fee Income
#Pública 2024 Guidance Observed in 9M24 Fee Income 4.8% 4% to 8% R$ billion Capital Market +34.0% 9M24/9M23 +4.9% +4.8% Consortium +2.8% +19.1% 25.1 26.3 9M24/9M23 Asset 9.1 Management 8.7 8.8 +11.6% 9M24/9M23 Insurance, Pension Plans and Premium 3Q23 2Q24 3Q24 9M23 9M24 Bonds +10.6% 9M24/9M23 15 |
Slide 16: Administrative Expenses
#Pública 2024 Guidance Administrative Expenses Observed in 9M24 4.9% 5% to 7% Reviewed: previous 6 to 10% R$ billion +5.0% +4.9% +1.4% (27.5) (26.2) Cost-to- (8.9) (9.2) (9.4) (17.1) (18.0) Income Ratio Personnel 12m Expenses (5.7) (6.1) (6.1) Other (9.5) 25.4% Administrative (9.1) Expenses (3.2) (3
Slide 17: Capital
#Pública Capital 16.24 Tier II 14.66 14.19 14.64 Bis Tier I 13.01 13.51 Ratio 12.49 11.60 11.77 (%) CET 1 Sep/23 Jun/24 Sep/24 0.48 0.06 0.03 (0.09) (0.31) CET 1 (%) 11.60 11.77 CET 1 – Net Income MtM + HCDI Prudential RWA CET 1 – Jun/24 FX Variation Devolution Adjustments Sep/24 17 | 19
Slide 18: Guidance
#Pública Guidance 2 Released Observed Reviewed 9M24 Loan Portfolio¹ 8% to 12% 11.2% unchanged Individuals 6% to 10% 7.9% unchanged unchanged 0 Companies 7% to 11% 11.8% Agribusiness 11% to 15% 13.7% unchanged Sustainable Portfolio 9% to 13% 9.1% unchanged Net Interest Income 10% to 13% 13.9% unchang
Slide 19: bb.com.br/ir
#Pública bb.com.br/ir