Banco Davivienda SA · BVC:PFDAVVNDA
Banco Davivienda SA — Q4 2013 Earnings Presentation
21 slides from Banco Davivienda SA's earnings presentation, Jul 1, 2021
Slide 1: Earnings Presentation 4Q13 Consolidated Results
Earnings Presentation 4Q13 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 2013 Results 3
Slide 4: Fourth Quarter Highlights
Fourth Quarter Highlights
Slide 5: Main Results
Fourth Quarter Highlights Main Results Accumulated Net Income1: $851 billion, growth of 22.3% compared to 2012 Equity growth of 13.7% compared to December 2012 ROAE2 rose from 13.6% (2012) to 15.1% Loan allowances for the quarter decrease 38.3% compared to 4Q12 Asset quality3 goes from 1.83 in 2012
Slide 6: First Year of Operations of the International Subsidiaries
Fourth Quarter Highlights First Year of Operations of the International Subsidiaries Consolidated our presence and increased market share in Central America1 Net income totaled US $65 million2 (US$ billions) Net Loans Deposits 1. Central America includes El Salvador, Costa Rica, Honduras and Panama
Slide 7: Key Commercial Results
Fourth Quarter Highlights Key Commercial Results Mortgage disbursements totaled $1.1 trillion, 60.1% higher than 4Q12 $511 billion was disbursed for Payroll loans with a growth of 12.3% compared to 4Q12 Construction disbursements totaled $604 billion, an increase of 27.9% compared to 3Q13 and 83.9%
Slide 8: Daviplata Continues to Grow at a National Level
Fourth Quarter Highlights Daviplata Continues to Grow at a National Level Daviplata can now be used with 4 major Colombian mobile service providers 5,300 banking correspondents in more than 835 municipalities 2013 • Transactions(1) = 41.6 million • Amount(2) = $2.0 trillion 2012 • Clients = 1.9 mill
Slide 9: Debt Issuances
Fourth Quarter Highlights Debt Issuances In December 2013, Davivienda successfully placed an ordinary bond in the Colombian domestic market Offer: COP $400 billion Bid to cover: 2.1 times Maturity: 2 and 7 years Davivienda El Salvador placed 2 ordinary bonds in its local market November 2013: US $43
Slide 10: Cultivarte
Fourth Quarter Highlights Cultivarte A program developed for children, youth and families in municipalities to make a healthy and rewarding use of leisure time During 2013, 6 new Cultivarte locations were opened in municipalities of Antioquia and Caldas At the end of 2013, there were 8 locations, wi
Slide 11: Fourth Quarter 2013 Results
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Slide 12: Assets
Consolidated Assets (COP trillions) Consolidated Q/Q (%) Y/Y (%) Cash 9.8 17.7 Investments, net -1.4 28.3 Loans, net 6.5 20.2 Other assets -3.9 3.5 Assets 4.8 19.6 ROAA(1) 1.78% 1.52% 1.65% Assets Dec. 12 Sep. 13 Dec. 13 Q/Q (%) Y/Y (%) Colombia 39.5 44.6 46.6 4.4 18.1 International (2) 8.8 10.5 11.
Slide 13: Gross Loans
Consolidated Gross Loans (COP trillions) Consolidated Q/Q (%) Y/Y (%) Mortgages (1) 10.5 40.6 Consumer 2.4 7.2 Commercial (2) 6.6 19.0 Gross Loans 6.2 19.4 Gross Loans Dec. 12 Sep. 13 Dec. 13 Q/Q (%) Y/Y (%) Colombia 28.7 32.0 34.1 6.5 18.8 International (3) 5.8 6.7 7.1 5.0 22.6 1. Mortgages include
Slide 14: Quality and Coverage (%)
Consolidated Quality and Coverage (%) Quality: Loans>90 days Coverage: Allowances/ Loans>90 days 14
Slide 15: Quality and Coverage (%)
Consolidated Quality and Coverage (%) Consumer Commercial1 Mortgages2 Quality: Loans>90 days Coverage: Allowances/ Loans>90 days 1. Commercial includes microcredit 2. Mortgages includes leasing 15
Slide 16: Funding Sources
Consolidated Funding Sources (COP trillions) Consolidated Q/Q (%) Y/Y (%) Demand Deposits 4.3 13.1 Term Deposits 4.9 37.3 Bonds 6.9 23.9 Credits 4.5 -2.6 Funding Sources 4.9 18.7 Loans Net / Funding 82.8% 82.5% 83.8% Sources(1) Funding Sources Dec. 12 Sep. 13 Dec. 13 Q/Q Y/Y Colombia 32.3 36.3 37.9
Slide 17: Financial Margin, Net
Consolidated Financial Margin, Net (COP billions) Quarterly Accumulated 4,511 3,931 NIM(1) Dec. 12 Sep. 13 Dec. 13 7.8% 7.2% 7.0% 4Q12 3Q13 4Q13 2012 2013 Consolidated Consolidated Colombia 4Q13/3Q13 Accum 13/Accum 12 Accum 13/Accum 12 (%) (%) (%) 3.5 Loan Income 17.5 4.0 -36.7 Investment Income, Ov
Slide 18: Expenses
Consolidated Expenses (COP billions) Quarterly Accumulated Efficiency(1) Dec. 12 Sep. 13 Dec. 13 49.0% 54.7% 53.8% Consolidated Consolidated Colombia 4Q13/3Q13 Accum 13/Accum 12 Accum 13/Accum 12 (%) (%) (%) 10.6 Personnel Expenses 26.0 3.5 25.1 Operating Expenses 40.9 7.7 16.0 Other Expenses (2) 22
Slide 19: Net Income
Consolidated Net Income (COP billions) Quarterly Accumulated ROAE(1) Dec. 12 Sep. 13 Dec. 13 13.6% 13.5% 15.1% Consolidado Consolidado 4Q13/3Q13 Accum 13/Accum 12 4Q13 Accum 13 (%) (%) 733 2.9 Financial Margin, net 2,293 24.7 307 9.7 Fees & Commissions 1,144 33.0 -700 17.8 Total Expenses -2,448 30.8
Slide 20: Accumulated Net Income
Consolidated Accumulated Net Income (COP billions) Colombia includes Davivienda´ s individual net income, local subsidiaries and deletions; International includes Panama, El Salvador, Costa Rica and Honduras before standardization. Homogeneizations correspond to homogeneizations to Colombian account
Slide 21: Thank You
¡Gracias Thank por su atención! You! atencionainversionistas@davivienda.com +57 1 2203495