Banco Davivienda SA · BVC:PFDAVVNDA
Banco Davivienda SA — Q2 2018 Earnings Presentation
16 slides from Banco Davivienda SA's earnings presentation, August 2018
Slide 1: Consolidated Financial Results 2Q18
Consolidated Financial Results 2Q18
Slide 2: The examples given shouldn’t be taken as a guarantee for future projections and it
The information presented here is exclusively for informative and illustrative purposes. It is not, nor does it pretend to be a source of legal or financial consultation regarding any issue. The financial information and projections presented are based on information and calculations carried out int
Slide 3: Macroeconomic Aspects Colombia
Macroeconomic Aspects Colombia GDP (Y/Y %) Davivienda’s Davivienda PMI PMI Indicators Weigh % jun-17 mar-18 jun-18 jul-18 Output 25 45.35 51.12 53.36 54.35 New orders 30 45.00 50.45 54.05 54.88 Employment 20 45.59 51.35 52.25 52.90 Raw material stock 10 45.45 48.84 52.34 50.99 Supplier's delivery ti
Slide 4: Macroeconomic Aspects Central America
Macroeconomic Aspects Central America GDP (Y/Y %) Inflation (Y/Y) 3.9% 1.6% 1.5% 0.5% Sep. 16 Dec. 16 Mar. 17 Jun. 17 Sep. 17 Dec. 17 Mar. 18 Mar. 17 Jun. 17 Sep. 17 Dec. 17 Mar. 18 Jun. 18 Exchange Rate Monetary Policy Rate Mar. 17 Jul. 17 Nov. 17 Mar. 18 Jul. 18 Apr. 17 Aug. 17 Dec. 17 Mar. 18 Jul
Slide 5: Main Results 2Q18
Main Results 2Q18 $281 MM Quarterly 6.56% Q/Q: -38% Y/Y:-13% NIM Q/Q: +5bps Y/Y: +41bps Net Income 46.56% $735 MM Accumulated Efficiency Y/Y: -53bps Y/Y: 13% $81.6 Trillion Total: 12.68% Gross Solvency & Y/Y: +11bps Loan Q/Q: 4.2% Y/Y: 6.7% Tier I Tier I: 8.52% Y/Y: +69bps Relevant Facts Total NPL:
Slide 6: Digital Transformation & Daviplata
Digital Transformation & Daviplata Digital Users Daviplata Retail Segment Customers Jun. 17 Jun. 18 Jun. 17 Jun. 18 26% 24% Digital Transactions Daviplata Jun. 17 Jun. 18 (Figures in million) Jun. 17 Jun. 18 App Users Colombia figures 6 6
Slide 7: Digital Sales
Digital Sales Mobile Savings Accounts Mobile Loans 100% digital 100% digital Davivienda App and Davivienda.com Davivienda App and Davivienda.com Paperless Paperless Application Biometric Authentication Approval < 5min Disbursement # 58.000 # 23.000 # 12.300 # 3.400 # 2.700 # 300 May. 18 Jun. 18 Jul.
Slide 8: Assets
Assets 2Q18 / 1Q18 2Q18/2Q17 Cash 3.5% (17.2%) Investment, net (2.1%) 2.7% Gross Loan 4.2% 6.7% Loan Loss Reserve 5.6% 62.9% Others (2.6%) 1.2% Asset 3.1% 2.3% Assets Jun.17 Mar. 18 Jun. 18 2Q18 / 1Q18 2Q18/2Q17 Colombia 76.2 77.3 79.0 2.3% 3.7% COP$ 24.3 22.5 23.8 5.8% (2.2%) International USD$1 8.
Slide 9: Gross Loans
Gross Loans 2Q18 / 1Q18 2Q18 / 2Q17 Mortgage 4.9% 15.1% Consumer 2.6% 4.1% Commercial 4.7% 4.4% Gross Loans 4.2% 6.7% Gross Loan Jun.17 Mar. 18 Jun. 18 2Q18 / 1Q18 2Q18/2Q17 Colombia 60.5 63.4 65.7 3.6% 8.5% COP 16.0 15.0 15.9 6.4% (0.5%) International USD¹ 5.3 5.4 5.4 1.0% 3.6% Figures in COP trill
Slide 10: NPL and Coverage (%)
NPL and Coverage (%) NPL1 > 90 days Portfolio 2Q17 1Q18 2Q18 Commercial 2.60% 3.34% 4.51% Consumer 2.68% 2.76% 2.60% Mortgage 2.94% 3.59% 3.81% Subtotal (90) 2.70% 3.25% 3.85% Mortgage2 (120) 2.19% 2.70% 2.92% Total3 (120) 2.53% 3.04% 3.64% Coverage4 Total Reserves Coverage5 Portfolio 2Q17 1Q18 2Q18
Slide 11: Funding Sources
Funding Sources 2Q18 / 1Q18 2Q18/2Q17 Demand Deposits (1.5%) (2.7%) Term Deposits 6.4% 11.2% Bonds 1.7% (9.0%) Credits 4.2% 19.5% Funding Sources 2.4% 3.7% Gross Loan / Funding Sources 92.2% 93.3% 94.9% Funding Sources Jun. 17 Mar. 18 Jun. 18 2Q18 / 1Q18 2Q18/2Q17 Colombia 62.4 65.0 65.9 1.4% 5.6% C
Slide 12: Capital Structure
Capital Structure Equity (COP Trillion) Jun. 18 / Jun. 17: 3.8% Jun. 18 / Mar. 18: 3.4% Solvency Minimum Required 12 12
Slide 13: Financial Margin, Net
Financial Margin, Net QUARTER ACCUMULATED Ratio Jun. 17 Mar. 18 Jun. 18 NIM 1 6.15% 6.51% 6.56% Cost of 1.87% 2.49% 2.53% Risk 2 2Q18 2Q18 / 1Q18 2Q18 / 2Q17 Jun. 18 Jun. 18 / Jun. 17 $ (%) (%) $ (%) 2,189 (1.9) 0.7 Loan Income 4,419 1.5 161 (8.0) (10.4) Investment Income, Interbank 336 (7.8) 2,350
Slide 14: Expenses
Expenses QUARTER ACCUMULATED Jun. 17 Mar. 18 Jun. 18 Efficiency2 47.1% 46.3% 46.6% 2Q18 2Q18 / 1Q18 2Q18 / 2Q17 Jun. 18 Jun 18 / Jun 17 $ (%) (%) $ (%) 397 14.4 11.2 Personnel Expenses 745 9.6 359 10.9 7.5 Operating Expenses 682 5.5 120 1.2 11.2 Other Expenses1 238 12.0 876 11.0 9.6 Total Expenses 1
Slide 15: Net Income
Net Income QUARTER ACCUMULATED Jun. 17 Mar. 18 Jun. 18 ROAE1 15.7% 13.5% 12.9% ROAA2 1.63% 1.42% 1.37% 2Q18 2Q18 / 1Q18 2Q18 / 2Q17 Jun 18 Jun 18 / Jun 17 $ % % $ % 911 (13.3) (0.2) Financial Margin. Net 1,962 10.2 336 5.8 12.1 Operating Income 653 11.0 (876) 11.0 9.6 Operating Expenses (1,665) 8.2
Slide 16: Investor Relations and Capital Management
Investor Relations and Capital Management ir@davivienda.com + (57 1) 220 3495 www.davivienda.com