Banco Davivienda SA · BVC:PFDAVVNDA
Banco Davivienda SA — Davivienda — Q1 2022 Earnings Presentation
31 slides from Banco Davivienda SA's earnings presentation, June 2022
Slide 1: Davivienda Corporate Presentation - 1Q22
Davivienda Corporate Presentation - 1Q22
Slide 2: Disclaimer and forward-looking statements
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: Content
Content Page Page 1 About Davivienda 4 7 Digital Transformation and DaviPlata 12 2 Grupo Bolívar 5 8 Wealth Management 16 3 Ownership Structure 6 9 PDL, Coverage and Cost of Risk 17 4 Results of Our Sustainable Management 7 10 Capital Structure 19 5 History 8 11 Key Ratios 20 6 Loan Portfolio and Fu
Slide 4: Banco Davivienda at a Glance
Banco Davivienda at a Glance Main Figures Loans: $ 15.1 Loans: $ 11.0 Customers: 7.9M Customers: 362k USD Billion Y/Y 2 Assets $ 42.0 15.9% 2 Gross Loans $ 32.5 12.7% Deposits $ 26.6 12.4% Equity $ 3.7 7.3% Loans: $ 6.3 Net Profit1 $ 131 404.9% Deposits: $181.2M Customers: 1.4M Customers: +14.3M Main
Slide 5: Our Main Shareholder: Grupo Bolívar
Our Main Shareholder: Grupo Bolívar Among the most important conglomerates in Colombia. with over 80 years of experience. Consolidated figures USA (Miami) Assets USD 42.4 billion Honduras Equity USD 4.5 billion El Salvador Customers +20.5 million Colombia Employees +25.8 k Costa Rica Countries 6 Pana
Slide 6: Ownership Structure as of March 2022
Ownership Structure as of March 2022 COMMON SHARES TOTAL SHARES 76.1%² 100%¹ PREFERRED SHARES 23.9%³ 1. Total Outstanding Shares: 451,670,413. 2. Common Shares Account for 76.1% of Total Shares (343,676,929). 3. Preferred Shares Account for 23.9% of Total Shares (107,993,484). 4. Figures as of March
Slide 7: Results of Our Sustainable Management
Results of Our Sustainable Management Sustainability Policy We enrich the lives of the people and planet thanks to the power of transformation underlying our business models, while we ensure our future existence by behaving responsibly before all of our stakeholders and by managing our business in a
Slide 8: Results of Our Sustainable Management
Results of Our Sustainable Management Sustainable Portfolio = COP 11.6 Tn (19.5% Y/Y) Sustainable Funding = COP 8.6 Tn (USD 2.3 Bn) Environmental Green Financing Social Social Financing (Trillion COP) (Trillion COP) - Sustainable Construction - Low Income Housing - Renewable Energy - Low Income Hous
Slide 9: Milestones of Sustainable Growth
Milestones of Sustainable Growth Proven Track Record of Organic and Inorganic Growth The Corporation The Local Bank A Regional Banking Platform Creating Ecosystems 2021 2022 13.6% 2020 CF4 2019 2022 2015 16.1% 11.8% Market Share 1994 2016 by Assets2 3.8% 2018 2013 Assets 14.9% $42.0 Bn 1 2012 Market
Slide 10: A Diversified Loan Portfolio
A Diversified Loan Portfolio¹ USD Billion 2004 1Q22 Y/Y Commercial 5.6% Consumer 22.4% $1.3 $32.5 Mortgage 15.1% Total 12.7% Y/Y Colombia COP 17.0% $1.3 $32.5 International USD 1.4% Colombia USD -11.6% 1. Consolidated Gross Loans Figures in USD Billion Exchange Rate as of March 2022: COP/USD: 3.756.
Slide 11: A Portfolio Focused on Strategic Segments and Products
A Portfolio Focused on Strategic Segments and Products USD Billion 2% Mortgage Loans 2% Consumer Loans Unsecured Personal Loans Leasing Payroll Low Income Housing $8.3 $9.9 Credit Cards Vehicle Residential Overdraft Commercial Loans $14.2 Figures in USD Billion. Exchange Rate as of March 2022: COP/U
Slide 12: Stable and Diversified Funding Sources
Stable and Diversified Funding Sources USD Billion Savings Accounts Term Deposits $34.7 Credits Checking Accounts Bonds Loans to Deposits 130.7% 128.9% 122.3% 119.1% 122.0% Loans to Funding Sources 97.2% 95.9% 93.4% 90.8% 93.4% International Issuances Portfolio Securitization4 Amount Yield to Coupon
Slide 13: Digital Transformation of Our Business
Digital Transformation of Our Business Digital Customers1 89% 90% 94% 79% 74% 39% CONS COL PN SV CR HN Credits Mortgage Employees and Retirees Vehicle Balance Transfer (Unsecured and Payroll) Consumer loans (Unsecured and Payroll) Insurances Payment methods LE FR AB I EN LI DL RE Pets Vehicle* Credi
Slide 14: Digital Transformation Evolution
Digital Transformation Evolution Digital Transactions by Sales1 Channel1 (% of Products) (% of Monetary Transactions) Digital Loans2 Digital Deposits2 Digital Investments2 105% 20% 11% Y/Y Y/Y Y/Y 193% 51% -14% Y/Y Y/Y Y/Y 21% Retail Banking Portfolio 4.3% Deposits 1. Quarterly figures. 2. Digital Lo
Slide 15: DaviPlata, Our Digital Native Bank
DaviPlata, Our Digital Native Bank Mobile Transfer Money¹ Pay Bills Customer Base +500K +2.1M Products Top-up Airtime Receive Remittances (Million) Platform Withdraw Money Insurances Q/Q Y/Y 13.8 14.3 12.2 With Products in the Sector Payment Shops: QR Payment Alliances 4.4 E-commerce: DaviPlata E-ca
Slide 16: DaviPlata, Our Digital Native Bank
DaviPlata, Our Digital Native Bank Outstanding Low Amount Deposits Transactional Income ($ Million USD) ($ Million USD) Active Customers 35% -33% (30 days) Y/Y Y/Y 40% CAC (12 months) ~$0.4 USD Ecards Quarterly Transactions Accumulated Purchases Rating Android & iOS Current Cards Monetary + Non Mone
Slide 17: Wealth Management
Wealth Management USD Billion AUM Evolution Y/Y 7.06% Investment Funds Securities Brokerage, Investment 20.52% Funds and Portfolios Voluntary Pension Funds Funds, Research and Investment Banking Services -2.79% Assets Under Custody 2.98% Trust Funds International Investments Market Share • The Trust
Slide 18: Credit Risk Management
Credit Risk Management Total PDL & Coverage1 PDL by Type1 Coverage by Type2 1. PDL: Loans by type / Gross Loans 1. Total >120: (Mortgage > 120 days + Commercial > 90 days + Consumer >90 days) / Gross Loans 2. Coverage: Asset Allowances / Loans > 90 days 18
Slide 19: Credit Risk Management
Credit Risk Management CoR1 - Provision Expenses 1Q22 $ Q/Q Y/Y Provision 179 -15.3% -21.1% Expenses Loans by Stages Coverage by Stages Figures in USD Million. As of 1Q22 the average exchange rate depreciated 4.4% Q/Q and 10% Y/Y 1. Cost of Risk = Provision Expenses / Gross Loans 19
Slide 20: Capital Structure
Capital Structure Capital Adequacy Ratios Equity3 7.3% -2.4% 11.50% 3.00% 1.50% 1.50% 1.00% CET1 4.50% 7% 1Q21 4Q21 1Q22 New Minimum 1Q21 4Q21 1Q22 BIII Requirements Leverage Ratio + Buffers1 Tier 2 Additional Tier 1 (AT1) Conservation Buffer (CET1) Systemic Buffer (CET1) Common Equity Tier 1 (CET1)
Slide 21: Key ratios
Key ratios ROAA & ROAE NIM Non-Financial Income and Fee Ratios Cost-to-Income Non Financial Income Ratio 12 M Fee Income Ratio 12 M Cost-to-Income Excluding Non-Recurring Income Excluding Goodwill Impairment ROAE = Net Profit (12 months) / Average Equity (5 periods) Non Financial Income Ratio= Non Fi
Slide 22: A Leading Banking Institution in Colombia
A Leading Banking Institution in Colombia Customers¹ +18.9 Million Branches 525 ATMs 2.1 Thousand Banking Correspondents +18 Thousand Employees 13.6 Thousand Market 1Q22 Y/Y Ranking USD Billion Share Assets $ 33.0 18.1% 2 13.9% Gross Loans $ 22.5 15.1% 2 16.0% Commercial $ 10.6 6.0% 3 13.0% Consumer
Slide 23: Our Operations in Central America
Our Operations in Central America Honduras Total Central America¹ USD Million Mar. 22 Y/Y El Salvador Assets 9,673 4.6% Customers +1.4million Gross Loans 6,307 3.5% Branches 139 Costa Rica Commercial 3,216 2.4% ATMs 551 Consumer 1,673 5.2% Panamá Mortgage 1,417 3.9% Employees +4.1 thousand Deposits
Slide 24: Board of Directors and Corporate Governance Committees
Board of Directors and Corporate Governance Committees BoD Members2 Audit Committee Supports BoD in supervising effectiveness of internal controls. Composed of three directors, two are independents members of the BoD. Reviews financial audited statements prior submission to the BoD. Corporate Governa
Slide 25: Experienced Management Team
Experienced Management Team Javier Suarez Chief Executive Officer ● Civil Engineer from Universidad de los Andes, with a Master’s degree in Finance and a Master’s degree in Actuarial Sciences from Georgia State University. ● Over 30 years of experience in the financial industry. Ricardo León Pedro Urib
Slide 26: Appendix
Appendix
Slide 27: Macroeconomic Fundamentals Colombia
Aspectos Macroeconómicos Macroeconomic Colombia Fundamentals Colombia Gross Domestic Product (Y/Y) Davivienda PMI * * Average Source: Davivienda Source: National Administrative Department of Statistics (DANE). Exchange Rate and Oil Prices Monetary Policy Rate and Inflation 27 Source: Financial Superi
Slide 28: Macroeconomic Fundamentals CAM
Macroeconomic Fundamentals CAM Gross Domestic Product (Y/Y) Inflation (Y/Y) Exchange Rate Monetary Policy Rate 28 Source: Central Banks from Central America.
Slide 29: Consolidated Balance Sheet
Consolidated Balance Sheet Appendix 2 USD Million 1Q21 4Q21 1Q22 $ Q/Q Q/Q $ Y/Y Y/Y ASSETS Cash and Interbank Funds 2,677 4,116 4,176 60 1.5% 1,499 56.0% Investments 4,357 4,257 4,461 204 4.8% 103 2.4% Net Loans 27,200 30,150 30,992 842 2.8% 3,792 13.9% Commercial 13,465 14,272 14,214 - 59 -0.4% 74
Slide 30: Consolidated P&L
Consolidated P&L Appendix 2 USD Million 1Q21 4Q21 1Q22 $ Q/Q Q/Q $ Y/Y Y/Y Total Income 623 713 793 80 11.2% 169 27.2% Loans 626 680 779 99 14.6% 154 24.6% Commercial 198 209 228 19 9.1% 30 15.1% Consumer 245 293 328 35 11.9% 83 33.6% Mortgage 175 179 224 45 25.3% 49 27.9% Investment -6 28 8 - 20 -7
Slide 31: Visit us at ir.davivienda.com
Investor Relations and Capital Management ir@davivienda.com + (57 601) 220 3495 ir.davivienda.com Bogotá - Colombia Visit us at ir.davivienda.com