Banco Davivienda SA · BVC:PFDAVVNDA
Banco Davivienda SA — Q4 2012 Earnings Presentation
29 slides from Banco Davivienda SA's earnings presentation, 2013
Slide 1: Earnings Presentation 4Q12 Consolidated Results
Earnings Presentation 4Q12 Consolidated Results
Slide 2: Disclaimer
The information presented here is exclusively informative and illustrative. 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 internally by DA
Slide 3: Content
Content • Fourth Quarter Highlights • Fourth Quarter 2012 Results • Without Central America • Impact of Central America Consolidation
Slide 4: Fourth Quarter Highlights
Fourth Quarter Highlights
Slide 5: Central America Integration
Fourth Quarter Highlights Central America Integration At the end of 2012 payment and rebranding was made to Davivienda subsidiaries in Central America, which represent 16.5% of Davivienda’s consolidated assets. The company has a team of 3,765 employees to serve more than 800,000 customers via 150 br
Slide 6: DaviPlata, a new bank inside Davivienda
Fourth Quarter Highlights DaviPlata, a new bank inside Davivienda • The Bank won the bidding process to administer “Más Familias en Acción” subsidy payments. DaviPlata’s customers will increase up to 1.8 million and coverage into more than 380 municipalities, turning DaviPlata into the third largest
Slide 7: Corredores Asociados, one of the most respected firms in the country
Fourth Quarter Highlights Corredores Asociados, one of the most respected firms in the country • Over 35 years of experience in the Colombian financial market. • Equity of $58 billion1 and $7 billion1 of accumulated net income. • 290 qualified employees to serve more than 26,000 customers. • Sharing
Slide 8: Corredores Asociados enhances one of Davivienda's key strategies
Fourth Quarter Highlights Corredores Asociados enhances one of Davivienda’s key strategies The third-party resources increased 60% for Davivienda, reaching $24 trillion Fiduciaria Davivienda and Davivalores Data as of December 31, 2012 8
Slide 9: Main facts
Fourth Quarter Highlights Main facts • Davivienda supports the Government with the “100,000 viviendas” program having 21,000 houses approved • Davivienda is leader in social housing disbursements with a market share of 38.8%. Mortgage portfolio1 is $5.3 trillion with an annual variation of 26.5%. •
Slide 10: Other Recent Events
Fourth Quarter Highlights Other Recent Events • Merger of the two Bank’s trusts companies becoming the 7th largest in Colombia with $13.0 trillion of assets under management • Davivienda created ‘Mis Finanzas en Casa’, a financial education portal where Colombians can easily learn how to manage thei
Slide 11: Fourth Quarter 2012 Results Without Central America
Fourth Quarter 2012 Results Without Central America
Slide 12: Statement of earnings consolidation process
Statement of earnings consolidation process Exercise Conducted step by step
Slide 13: Assets
Fourth Quarter 2012 Results Without Central America Assets COP Trillion System assets increased 14.3% during the year while ROA reached 2.13%1 1 System individual figures as of December 31, 2012 13
Slide 14: Gross Portfolio
Fourth Quarter 2012 Results Without Central America Gross Portfolio (COP Trillion) 1. System individual figures as of December 31,2012 2. Commercial includes microcredits 3. Mortgages includes home leasing 14
Slide 15: Funding Sources
Fourth Quarter 2012 Results Without Central America Funding Sources (COP Trillion) Funding sources within the system grew 14.2% compared to December 20112 1. Correspond to local discount credits and credits with correspondent banks 2. System individual figures as of December 31, 2012 15
Slide 16: Net Income
Fourth Quarter 2012 Results Without Central America Net Income (COP Billion) Quarter Accumulated 16
Slide 17: Financial Margin, Net
Fourth Quarter 2012 Results Without Central America Financial Margin, Net (COP Billion) Quarter Accumulated 4Q11 3Q12 4Q12 1. NIM: 12 months Gross Financial Margin / Average Interest Earning Assets. 17
Slide 18: Expenses
Fourth Quarter 2012 Results Without Central America Expenses (COP Billion) Quarter Accumulated 1 Efficiency (12 months) = Operation expenses Good Will / (Gross Financial Margin + operating income + other income and expenses,) 2 Without Central America, Extraordinary expenses of integration with Cent
Slide 19: Impact of Central America Consolidation
Impact of Central America Consolidation
Slide 20: Assets
Impact of Central America Consolidation Assets (COP Trillion) 1. ROAA : Net Income (12 months) / Average Assets. 2 Standarizations of portfolio provisions, fixed assets depreciation and extraordinary Central America expenses are eliminated. 20
Slide 21: Gross Portfolio
Impact of Central America Consolidation Gross Portfolio (COP Trillion) 21
Slide 22: Gross Portfolio
Impact of Central America Consolidation Gross Portfolio (COP Trillion) Commercial 1 Mortage 2 Consumer 1. Commercial includes microcredits 2. Mortgages includes home leasing 22
Slide 23: Gross Loan Portfolio
Impact of Central America Consolidation Gross Loan Portfolio Quality and Coverage (%) Central America Quality 3.15% Central America Coverage 133.2% Quality: Loans >90 days Coverage : Allowance/ Loans > 90 days 23
Slide 24: Loan by Type
Impact of Central America Consolidation Loan by Type Quality and Coverage (%) Commercial 1 Consumer Mortages 2 System individual figures as of December 31, 201 2 Quality: Loan>90 days Coverage : Allowance/ Loan > 90 days 1. Commercial includes microcredits 2. Mortgages includes home leasing 24
Slide 25: Funding Sources
Impact of Central America Consolidation Funding Sources (COP Trillion) 25
Slide 26: Solvency
Impact of Central America Consolidation Solvency Risk weighted assets increase 21.4%. CA contributed $ 5.9 trillion. 26
Slide 27: Net Income
Impact of Central America Consolidation Net Income (COP Billion) Standardizations & Eliminations ROAE : Net Income (12 months) /Average Equity Accumulated Net Income of System increased 7.3%, while ROE reached 14.8% 1. System individual figures as of December 31st, 2012 2. Standardizations of portfo
Slide 28: Central America Result
Central America Result 1 1 Net income results in local accountability 28
Slide 29: Thank You
Thank You