Banco Do Brasil S.a. · BMFBOVESPA:BBAS3
Banco Do Brasil — Q2 2024 Earnings Presentation
22 slides from Banco Do Brasil's earnings presentation, Aug 8, 2024
Slide 1: Earnings
#Pública Earnings For further info point your mobile for MD&A 2Q24
Slide 2: Targeted strategy and growing results
#Pública Adjusted Net Income 1H24 ROE Targeted strategy and R$ 18.8 21.7% growing results billion +8.5% 1H24 / 1H23 2 | 22
Slide 3: Granting credit is believing in people
#Pública Granting credit is Crop Plan believing in people 2024/2025 R$ 260 billion Loan Portfolio Expanded View R$ 1.2 in resources available trillion +13.2% Jun24/Jun23 3 | 22
Slide 4: Phygital strategy
#Pública Phygital strategy Ponto BB phygital branch +7.8% 2Q24/1Q24 CRM evolution customer profitability Digital BB +156% 2Q24/1Q24 More effective approaches conquer of new customers +93.4% of transactions are More than 71% of credit disbursements to individuals 96.2 on the satisfaction carried out
Slide 5: BB supports Rio Grande do Sul
#Pública BB supports Rio Grande do Sul Banco do Brasil played a leading role in supporting the people affected by the floods in Rio Grande do Sul Know more: Humanitarian actions Special Business conditions More than R$ 65 million in donations In products and services such as insurance, trough FBB by
Slide 6: Building a more sustainable world
#Pública bb.com.br/sustentabilidade Building a more sustainable world Carbon Market Sustainable Loan Portfolio 670 thousand hectares R$ 358.4 preserved in carbon projects, in the REDD+ methodology Unprecedented billion funding US$ 100 million in "Triple Sustainable Repo" 1st in the world to combine
Slide 7: The bank of all Brazilians
#Pública The bank of all Brazilians 7 | 22
Slide 8: 2Q24 Performance
#Pública 2Q24 Performance
Slide 9: Earnings Highlights 1H24
#Pública Adjusted Net Income 18.8 +8.5% R$ billion 1H24/1H23 Net Interest Income 51.3 +16.4% R$ billion 1H24/1H23 Earnings Fee Income 17.2 +4.7% Highlights R$ billion 1H24/1H23 (18.1) 1H24 Administrative Expenses +4.9% R$ billion 1H24/1H23 Loan Portfolio Expanded View 1.2 +13.2% R$ trillion Jun24/Ju
Slide 10: Adjusted Net Income
#Pública Adjusted Net Income R$ billion ROE % ROE % 21.3 21.7 21.6 21.4 21.7 +8.5% +8.2% 18.8 +2.2% 17.3 8.8 9.3 9.5 2Q23 1Q24 2Q24 1H23 1H24 10 | 22
Slide 11: Net Interest Income
#Pública Net Interest Income R$ billlion Variation (%) Variation (%) Accounting View 2Q23 1Q24 2Q24 2Q24 / 2Q23 2Q24 / 1Q24 1H23 1H24 1H24/1H23 Net Interest Income 22.9 25.7 25.5 11.6 -0.7 44.0 51.3 16.4 Loan Operations 33.6 34.3 34.7 3.2 1.2 65.9 69.0 4.7 Treasury 11.6 12.0 10.8 -7.0 -9.5 21.7 22.8
Slide 12: Loan Portfolio Expanded View
#Pública Loan Portfolio Expanded View¹ R$ billion NPL +90d and Coverage (%)² +13.2% 201.3 199.1 196.7 196.0 191.3 +3.9% Coverage 2.73 2.81 2.92 2.90 3.00 1,138.1 1,182.9 NPL +90d 1,044.9 Jun/23 Sep/23 Dec/23 Mar/24 Jun/24 NPL Formation (%)² 112.0 110.2 113.8 Coverage 104.9 100.0 NPL(%)³ 0.90 0.97 0.
Slide 13: Individuals Loan Portfolio
#Pública Individuals Loan Portfolio R$ billion NPL +90d Individuals (%) 5.27 5.02 4.79 4.77 4.81 +6.2% +1.1% Individuals Disbursements 302.1 317.4 320.8 + 35.0% Jun/23 Sep/23 Dec/23 Mar/24 Jun/24 1H24/1H23 Payroll Loan Individuals Coverage (%) + 10.6% Jun24/Jun23 161.0 169.1 171.8 170.5 171.9 Consum
Slide 14: Companies Loan Portfolio
#Pública Companies Loan Portfolio R$ billion NPL +90d Companies (%) +13.2% +7.0% 3.04 3.37 3.19 3.38 2.58 421.1 393.5 371.9 Jun/23 Sep/23 Dec/23 Mar/24 Jun/24 232.4 212.2 Corporate 208.0 Companies Coverage (%) 119.6 121.8 273.3 243.9 234.0 231.7 SME 110.1 205.1 Government 53.8 61.7 66.9 Jun/23 Sep/2
Slide 15: Agribusiness Loan Portfolio
#Pública Agribusiness Loan Portfolio R$ billion +16.6% +0.7% NPL +90d Agribusiness (%) 372.5 375.0 Working Capital 321.6 for Input 1.32 0.96 1.19 Purchase 0.58 0.71 + 26.6% Jun24/Jun23 Jun/23 Sep/23 Dec/23 Mar/24 Jun/24 Agricultural Investment + 18.6% Agribusiness Coverage (%) Jun24/Jun23 Jun/23 Mar
Slide 16: ALLL Expanded View
#Pública ALLL Expanded View R$ billion Variation (%) Variation (%) 2Q23 1Q24 2Q24 2Q24/2Q23 2Q24/1Q24 1H23 1H24 1H24/1H23 ALLL Expanded View (7.2) (8.5) (7.8) 8.8 -8.6 (13.0) (16.3) 25.5 Credit Risk (8.5) (10.0) (9.6) 13.1 -3.9 (12.6) (19.6) 55.1 Recovery of Write-offs 2.1 2.0 3.0 38.8 49.8 4.0 5.0
Slide 17: Fee Income
#Pública Fee Income R$ billion Consortium +4.7% + 20.5% 1H24 /1H23 16.4 17.2 +6.7% Insurance, +6.0% Pension and Capitalization 8.3 8.3 8.8 + 11.8% 1H24 /1H23 Asset Management 2Q23 1Q24 2Q24 1H23 1H24 + 10.2% 1H24 /1H23 17 | 22
Slide 18: Administrative Expenses
#Pública Administrative Expenses R$ billion +4.9% +4.9% +4.1% (18.1) (17.3) (9.2) (12.0) Cost-to-Income (8.8) (8.9) (11.4) Ratio 12m (6.1) (5.8) (5.9) 25.5% (5.9) (6.2) (3.0) (3.0) (3.2) 2Q23 1Q24 2Q24 1H23 1H24 Personnel Expenses Other Administrative Expenses 18 | 22
Slide 19: Capital
#Pública Capital 15.72 Tier II 1.59 15.13 Bis 1.25 14.19 Ratio 14.13 1.18 Tier I 13.88 (%) 13.01 CET 1 12.21 11.90 11.60 Jun/23 Mar/24 Jun/24 0.48 CET 1 (%) (0.07) (0.12) (0.59) 11.90 11.60 CET1 - Mar/24 Net Income Atuarial + MtM + Prudential RWA CET1 - Jun/24 - Dividends FX Variation Adjustments 19
Slide 20: Support for Rio Grande do Sul
#Pública Support for Rio Grande do Sul R$ 59 billion: Exposure in affected municipalities 3.6 million operations 707.2 K customers 65% of operations with real guarantees 92.6% of the portfolio classified as AA-C risk 20 | 22
Slide 21: Guidance
#Pública Guidance 2 Reviewed Range Observed Range Loan Portfolio¹ 8% to 12% 11.5% unchanged unchanged Individuals 6% to 10% 6.2% Companies 7% to11% 11.4% unchanged 0 Agribusiness 11% to 15% 16.6% unchanged Sustainable Portfolio 5% to 9% 11.5% 9% to 13% Net Interest Income 7% to 11% 16.4% 10% to 13%
Slide 22: bb.com.br/ir
#Pública bb.com.br/ir