Grupo Aval Acciones Y Valores Sa · BVC:GRUPOAVAL
Grupo Aval Acciones Y Valores Sa — Q1 2016 Earnings Presentation
18 slides from Grupo Aval Acciones Y Valores Sa's earnings presentation, Jun 8, 2016
Slide 1: 1Q16 Consolidated Earnings Results IFRS
1Q16 Consolidated Earnings Results IFRS May 2016
Slide 2: Disclaimer
2 Haga clic para modificar l estilo de título del patrón Disclaimer Grupo Aval Acciones y Valores S.A. (“Grupo Aval”) is an issuer of securities in Colombia and in the United States, registered with Colombia’s National Registry of Shares and Issuers ( Registro Nacional de Valores y Emisores ) and th
Slide 3: Highlights (1/2)
3 Haga clic para modificar l estilo de título del patrón Highlights The following are the main highlights of our 1Q2016 results under Full IFRS : (1/2) • Attributable Net Income for the period, before the wealth tax, was 645.3 billion pesos or 29 pesos per share, showing a 19% increase versus the co
Slide 4: Highlights (2/2)
4 Haga clic para modificar l estilo de título del patrón Highlights The following are the main highlights of our 1Q2016 results under Full IFRS : (2/2) • Cost of risk for 1Q2016 was 2.0% before recoveries of provisions and 1.9% after such recoveries. These ratios were affected by certain non - recur
Slide 5: Macroeconomic context - Colombia
5 Haga clic para modificar l estilo de título del patrón - 3.4% - 4.4% - 4.3% - 5.0% - 7.2% - 6.5% - 6.4% - 7.8% - 6.5% -9.0% -8.0% -7.0% -6.0% -5.0% -4.0% -3.0% -2.0% -1.0% 0.0% 0 1,000 2,000 3,000 4,000 5,000 6,000 dec-13 mar-14 jun-14 sep-14 dec-14 mar-15 jun-15 sep-15 dec-15 USD Million Exports
Slide 6: Macroeconomic context - Colombia: Inflation and Monetary Policy
6 Haga clic para modificar l estilo de título del patrón Macroeconomic context - Colombia Inflation (%) Source: DANE Source : Banrep . (1) End of period DTF rate . Source: Banrep and DANE Central Bank’s Monetary Policy 3.73 3.20 2.44 2.16 1.94 2.93 3.66 4.42 6.77 7.93 1.5 2.5 3.5 4.5 5.5 6.5 7.5 8.5
Slide 7: Macroeconomic context - Colombia: Exchange Rate
7 Haga clic para modificar l estilo de título del patrón Macroeconomic context - Colombia Source: Bloomberg Source: Bloomberg. ( 100=Jan 31, 2015) Colombian Peso Exchange Rate COP vs Emerging markets’ currencies Colombian Peso vs WTI US$/barrel 1Q15 4Q15 1Q16 1Q16 vs. 4Q15 1Q16 vs. 1Q15 Average 2,47
Slide 8: Macroeconomic context – Central America
8 Haga clic para modificar l estilo de título del patrón 1.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0 9.0 10.0 Jan-10 May-10 Sep-10 Jan-11 May-11 Sep-11 Jan-12 May-12 Sep-12 Jan-13 May-13 Sep-13 Jan-14 May-14 Sep-14 Jan-15 May-15 Sep-15 Jan-16 May-16 CR GU HO 1.8 3.0 5.8 11.5% 13.8% 8.5% 13.8% 10.2% 14.2% 10.5%
Slide 9: Assets Breakdown
9 Haga clic para modificar l estilo de título del patrón Assets Breakdown Total Assets Assets Figures in Ps. Trillions (1) Foreign operations reflect Central American operations. 191.0 216.7 214.9 1Q15 4Q15 1Q16 1Q16 / 1Q15 = 12.5% 1Q16 / 4Q15 = - 0.8% 1Q16 / 1Q15 = 8.2% 1Q16 / 4Q15 = 0.6% Growth ex
Slide 10: Gross loans
10 Haga clic para modificar l estilo de título del patrón Gross loans Gross loans Breakdown Loans Figures in Ps. Trillions % Growth excluding FX movement of Central American Operations 120.8 141.5 141.0 1Q15 4Q15 1Q16 1Q16 / 1Q15 = 16.7% 1Q16 / 4Q15 = - 0.3% 1Q16 / 1Q15 = 12.3% 1Q16 / 4Q15 = 1.1% Gr
Slide 11: Loan portfolio quality
11 Haga clic para modificar l estilo de título del patrón 0.9x 0.6x 0.9x 1Q15 4Q15 1Q16 Loan portfolio quality Charge offs / Average NPLs 2.7% 2.6% 2.7% 1.6x 1.6x 1.5x 1.1x 1.1x 1.0x 1Q15 4Q15 1Q16 Allowances / NPLs Allowance / 30+ PDLs Allowances / Total loans 2.5% 2.4% 2.7% 1.7% 1.6% 1.8% 1Q15 4Q1
Slide 12: Loan portfolio quality
12 Haga clic para modificar l estilo de título del patrón Loan portfolio quality 1Q15 4Q15 1Q16 1Q15 4Q15 1Q16 Commercial 1.8% 1.6% 2.0% 1.2% 1.2% 1.4% Consumer 4.0% 3.8% 4.1% 2.7% 2.6% 2.7% Mortgages 2.9% 2.7% 2.9% 1.2% 1.1% 1.2% Microcredit 10.6% 9.5% 10.1% 10.6% 9.5% 10.1% Total loans 2.5% 2.4% 2
Slide 13: Funding
13 Haga clic para modificar l estilo de título del patrón Funding Figures in Ps. Trillions 1Q15 4Q15 1Q16 Others 0.3% 0.3% 0.3% Time deposits 38.1% 38.1% 39.1% Checking accounts 22.9% 24.6% 24.0% Savings accounts 38.7% 37.0% 36.7% Total Deposits 1Q16 / 1Q15 = 12.6% 1Q16 / 4Q15 = 0.7% 121.5 136.0 136
Slide 14: Capital and Capital Adequacy
14 Haga clic para modificar l estilo de título del patrón Attributable Shareholders Equity Attributable Equity + Minority Interest Capital Figures in Ps. Trillions Consolidated Capital Adequacy of our Banks (%) (2) (1) Tangible Capital Ratio is calculated as Total Equity minus Goodwill and other Int
Slide 15: Net Interest Margin
15 Haga clic para modificar l estilo de título del patrón 5.5% 5.5% 5.7% 1Q15 4Q15 1Q16 3.4% 3.6% 4.1% Avg.cost of total funds 6.3% 6.3% 6.5% 1Q15 4Q15 1Q16 9.8% 10.1% 10.9% Avg. yield on loans 2.4% 1.4% 1.3% 1Q15 4Q15 1Q16 5.9% 5.2% 5.7% Avg. yield on fixed income NIM – Net Interest Margin (1) Net
Slide 16: Fees and other operating income
16 Haga clic para modificar l estilo de título del patrón Fees and other operating income Figures in Ps. Billions (1) Includes the portion of “Net Trading Income” related to derivatives. (2) Includes equity method income, dividend income and other income. 70.4% 75.1% 75.8% 5.6% 4.9% 2.9% 20.0% 16.3%
Slide 17: Efficiency ratio
17 Haga clic para modificar l estilo de título del patrón 47.4% 47.1% 44.1% 1Q15 4Q15 1Q16 3.3% 3.5% 3.4% 1Q15 4Q15 1Q16 Efficiency Ratio is calculated as personnel plus administrative and other expenses divided by net interest income plus net trading income, other income and fees and other services
Slide 18: 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, thereunto duly authorized. Date: June 7, 2016 GRUPO AVAL ACCIONES Y VALORES S.A. By: /s/ Jorge Adrián Rincón Plata Name: Jorge Adri
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