Grupo Supervielle Sa Class B · BCBA:SUPV
Grupo Supervielle Sa Class B — Q4 2018 Earnings Presentation
6 slides from Grupo Supervielle Sa Class B's earnings presentation, Mar 13, 2019
Slide 1: Service fee income and insurance activities
* Excludes income from insurance activities The 5.2% QoQ increase in service fee income is explained by the following increases: • 8.5%, or AR$ 42.4 million, in deposit account fees, reflecting the higher volume in checking and savings accounts, as well as an increase in fees charged per account, •
Slide 2: Loan portfolio and risk management
Sequentially, AR$ denominated corporate loan portfolio decreased 5.8%, while US$ denominated loans decreased 7.8% -or 14.8% measured in AR$-, reflecting both lower credit demand following the current recession and also the decrease in the Fx rate in 4Q18 impacting the US$ denominated loan portfolio.
Slide 3: Collateralized Loan Portfolio and asset quality
Collateralized Loan Portfolio As of December 31, 2018, 51% of the SMEs and Middle Market loan portfolio is collateralized, while total Corporate Banking Loan portfolio collateralization is 42%. Loan Portfolio. Collateral SMEs Middle Markets Large Total Collaterallized Portfolio 48% 55% 30% 42% Unsec
Slide 4: Deposits
Saving Deposits increased 23.8% and 5.9% in 4Q18. Non- or low-cost demand total deposits (including private and public-sector deposits) comprised 39% of the Company’s total deposits base (26.6% of savings accounts, 8.6% of checking accounts and 4.2% other accounts) as of December 31, 2018. Demand de
Slide 5: Liquidity, funding and consolidated capital
Net Stable funding ratio (“NSFR”) as of December 31, 2018 was 160.4%. As of December 31, 2018, equity to total assets was 12.2%, compared to 15.6% at December 31, 2017 and 11.1% at September 30, 2018. The YoY performance reflects capital deployment through loan growth and through together with the a
Slide 6: Change in Net Interest Margin calculation starting Q1 2019
(1) Starting Q1 2019, the Company will slightly change the components included to calculate the Net Interest Margin ratio (“NIM”). Until now, it had included interest income and interest expense, as well as results from its investment portfolio. Now, it will start adding the exchange rate difference