Banco Santander (brasil) S.a. · BMFBOVESPA:SANB3
Banco Santander (brasil) — 9M09 Earnings Presentation
36 slides from Banco Santander (brasil)'s earnings presentation, Dec 23, 2009
Slide 1: Banco Santander (Brasil) S.A. 9M09 IFRS Results — Pro-forma
Banco Santander (Brasil) S.A. 9M09 IFRS Results — Pro-forma October 28th, 2009 @& Santander
Slide 2: Table of Contents
Table of Contents u Macroeconomic Scenario and Financial System = 9M09 - Strategy - Results ~ Business
Slide 3: Macroeconomic Scenario
Macroeconomic Scenario 57 gy te 40 1325 1075 nal ars | ars | O25 13 00 2008 2007 2008 2009 2000(e) 2010(e) 2005-2007 2008 Sep09 2000(e) 2010) 59 45 4304348 24 r | | | i | i | cil 2005 2007 2008 Sep.09 2009(e) 2010%e) 2005 2007 2008 Sep.09 2008(e) 2010(e)
Slide 4: Financial System: Loan dynamics
iancial System: Loan dynamics Total Loans Nonearmarked Loans to Individuals Tarn 284 an 7 1243 oe a1.4% 426 465, 472 oy 367 288 Moro} Jun03 Sep08 Oee08 Maro? nod Sep. ‘Mor08 Jun8 Sep08 Dec.8 Merde nos Sen.08 jem Volume = ¥-0-¥ Variation % Santander
Slide 5: Financial System: Deposits and Assets Under Management
Financial System: Deposits and Assets Under Management . SMM Deposits + Assets Under Deposits Assets Under Management Management Var t= 56908 2.423 2219 705 Mar. Jun. Sep. Dec. Mar. Jun. Sep. || Mar. Jun. Sep. Dec. Mar. Jun Sep. || Mar. Jun. Sep. Dec. Mar. Jun. Sep. 08 08 08 08 09 09 09 || Og o8 08
Slide 6: Table of Contents
Table of Contents 0 = Macroeconomic Scenario and Financial System - Strategy - Results - Business
Slide 7: Franchise
Franchise ul Santander is the 3rd largest private bank scale to compete ‘Loans (RS Bi) 1329 North: 5% of GDP Share : 5% Northeast: 13% of GOP. Deposits (RS Bi) 1739 =—- Deposits + Assets Under ‘Management (RS Bi) Net Profit (RS MM) 3917 ‘Strong distribution platform. ‘One ofthe largest networkin the
Slide 8: Franchise
Franchise ‘Concentatonn So Paulo and Soum epian ‘tong poston nthe B=" | all rata, pao [> corteanee
Slide 9: Integration
Integration . ‘Rugiod J ~~ [© Senior Managemen’ integrated Upprade branches inastuctae © Back omnce systems ‘Complete integration! ‘Unification of cash management ang clearing © Kid mid == ; Catcerer etn & Santander
Slide 10: Integration: Targeted Synergies
Integration irgeted Syn Targeted Synergies — R$ MM ‘Accumulated (2008-2011) seek cumulative cost ad cumulative revenues 4yneipes of appronmatey «G5 of approximately RS 2.4 billon 300 2,700 2400 — cost Revenue ‘Synergies ‘Synergies ud Santander obtained RS 831 MM in cost synergies during the first 9
Slide 11: Integration
Integration —— Consolidate CRM system to map loyal —— a clients and strengthen loyalty of other = clients tonty Stor ene Penetration of ceo een credit cards a Expand creditcard financing shows oe penetration opportunity? ae te) Penetration of “etosurance Penewation Increase penetration of insurance
Slide 12: IPO - Santander
IPO - Santander a The 0 reat ms our confidence in the Brazil growth potential and will be key to position ourselves in this growth = Boost organic growth, to increase market share — Open 600 new branches and 300 mini branches + Target credit portfolio growth ~ Increase credit portfolio both in Comme
Slide 13: Table of Contents
Table of Contents 0 = Macroeconomic Scenario and Financial System - Strategy - Business @& Santand
Slide 14: Results: Recent Events
Results: Recent Events w v In September 2009 we announced, the divestment of certain equity holdings and the proceeds were used to strengthen our balance sheet as erase on -Aowanee for Loan Losses (05) + Compania Brasieira de Solugbes = Amortization of pal Sane Cat 03 processing rights (2) ervigas(V
Slide 15: Results: Highlights
Results: Highlights 6 = In 9M09, net profit amounted to RS 3,917 MM growing 30% in relation to 9Mos, "Net profit growth is accelerating: IMO9/9MO8 = 30%; 6MO9/6M08 =13% = Net profit increase driven by revenue growth and cost control * Performance Ratios improved in twelve months (9M09/9M08) "Efficie
Slide 16: Results: Net Interest Margin
Results: Net Interest Margin 7 San ko . as 13.30% 13.66% 11.70% 9.54% 8.65% & Santander
Slide 17: Results: Gains/losses on financial assets and liabilities + exchange differences
Results: Gains/losses on financial assets and liabilities + exchange differences REM 45%) ‘9Mos Mos Gains/iosses on financial assets and iabilties + 2275 000 exchange differences = Cayman Hedge’ 1062-120 Gains/losses on financial assets and liabilities + exchange differences (excluding Cayman Hedge)
Slide 18: Results: Net Fees
Results: Net Fees SMa Var 9MoB 9MOB gts d Banking fees 1,826 1819 0.4% aor tuss 15791806 Collection services: 374-328 pa Insurance m2 62 ‘Asset Management 545 634 Credit and Debit Cards 554-479 155% sae 4008 1009 2009 sa09, Capital Markets 338-310 -8.0% Trade (COMEX) 285 254 12.3% Services Tax Expen
Slide 19: Results: General Expenses and Amortization
Results: General Expenses and Amortization 20 SMM ast rie Var 9Mos 9M0B _09/08,% ‘Other General Expenses 4013 4199 -4.4% Personnel Expenses 4,041 4,160 -2.9% Depreciation and Repreciation 284 187.2% Total soos 4008» 100920093009 \s-General Expenses mLDepreciaton and Amortization @& Santander
Slide 20: Results: Gross Revenue vs General Expenses
Results: Gross Revenue vs General Expenses a Gross Revenue’ and General Expenses? RSMM 3Q09 x 3008 co Gs - - = a 2,024 373 2731 2,649 2674 @® 3a0e 4008 1009 2009 3009 Gross Revenue General Expenses sean Coma ee newong aan ep SANE WN antande:
Slide 21: Results: Allowance for Loan Losses
Results: Allowance for Loan Losses es Son Var omog 9Mos 09/08 llowance for loan losses 8,245) (5,043) 63,
Slide 22: Business: Asset Quality
Business: Asset Quality 2 Delinquency (%)' Coverage Ratio* ra 57 80 64 a ae so 42 3008 4008 1009 2009 3009 = individuals. “*-Instiutional —=—Total 111% 100%, 107% 101% 97% sa0s 4008-1009» «2009 3009,
Slide 23: Results: Performance Ratios
Results: Performance Ratios 2 ROE (adjusted)? (%)
Slide 24: Table of Contents
Table of Contents a * Macroeconomic Scenario and Financial System - Strategy - Results ntander
Slide 25: Business: Loans Evolution
Business: Loans Evolution’ 26 sion ae ons000 093808 uhh 4282 1960 1374 1342 1329 sovauae wea ms 130% Consumer Fnaning 242 65a ones 0 ur 2% Corporate 353 Bs 87% ‘sep.08 dec.08 mar.09 jun.09 sep.09 iim 132 anager ean reatown coer he 3008 rectsiienion of eran prduceranacons Wom loas and
Slide 26: Loans: Loans to individuals by product
Loans: Loans to individuals by product eu or
Slide 27: Negocio: Evolução da Captação (fundos + depósitos)
Negocio: Evolugao da Captacao (fundos + depdsitos) 28 RS Bilhdes set08 dez.08 == Fundos mar.08 juno setoo mm Total Depositos 30.09.09 30.09.08 Var 09/08,% Vista 137133 3.1% Poupanca 29 192 19.5% Prazo 1058 «61137 6.0% Outros’ 304 324 8.1% Depésitos Total 1739 178.6 2.6% Fundos 1 856 88% Total 2670 2
Slide 28: Conclusion
Conclusion id Integration process on track, keeping best practices of each institution Synergies reached R$ 831 MM from Jan/09 — Sep/09 Improving Performance Ratios and Balance Sheet Metrics Net profit growth acceleration: 9M09/9M08 = 30%; 6MO09/6M08 =13%
Slide 29: Annexes
30 ANEXXES = Pro Forma Income Statement = Pro Forma Balance Sheet
Slide 30: Quarterly Pro forma Results
Quarterly Pro forma Results an RSM 300840081009 20093000 intrest and Similar income 962 TNT 9998 8775 GT3t Interest Expense and Similar 6202) 6733) (4828) (4228) (4075) Interest income 44205384 5,472 54895656. Income fom Equty Instruments 6 5 7 eT Income fom Companies Accounted fr bythe Equity Metho
Slide 31: Pro forma Results Jan/09 — Sep/09
Pro forma Results Jan/09 — Sep/09 ca I BA income Statements ‘sms sms ABS “leet and Sia ncare 79502 16995 2517 99% = intrest Expense and Siar (13,185) (13,198 @7)_—04% Interestincome 1eaiT 19847 2470 47.8% income from Equity Instruments 2 34 (12) 953% Income from Conpanies Accounts for bythe Equty Me
Slide 32: Pro Forma Balance Sheet - Assets
Pro Forma Balance Sheet - Assets 33 R$ MM Assets Sep-08 Dec-08 Mar-09 Sep-09 Cash and Balances with the Brazilian Central Bank 32,137 33,697 23,701 23,317 24,813 21,261 Financial Assets Held for Trading 17,494 17,086 19,986 22,347 15,809 19,261 Other Financial Assets at Fair Value Through Profit or
Slide 33: Pro Forma Balance Sheet - Liabilities
Pro Forma Balance Sheet - Liabilities 34 R$ MM Financial Liabilities Held for Trading 6,616 7,433 11,210 8,268 4,887 5,316 Financial liabilities at amortized cost 200,090 208,058 213,973 208,267 207,645 205,801 - Deposits from the Brazilian Central Bank 0 0 185 1,049 870 562 - Deposits from credit i
Slide 34: Loan Portfolio Breakdown
Loan Portfolio Breakdown" “8 RS int etal Loans 300 4a08 a0 2000 3000, racnas S71 39188 40602 415212405 shies piso 3239 32800 3174831028 Consume Financing 2sso1 24757 2aze4 048022228 Coporte 3002 erate 30288 36772 _ 25200 Total Loans Tas.106 720.000 tar.” —Taat79 909000 Suis and endoremars Bezed 2540
Slide 35: IFRS x BRGAAP
IFRS x BRGAAP Re Mint ‘Mog Goodwill amortization of Banco Real Acquisition 2,096 - PPA amortization 280 - Others 121
Slide 36: 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, thereto duly authorized. Date: December 23, 2009 Banco Santander (Brasil) S.A. By: / S / Pedro Paulo Longuini Pedro Paulo Longuini
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