Grupo Supervielle Sa Class B · BCBA:SUPV
Grupo Supervielle Sa Class B — Q1 2020 Earnings Presentation
29 slides from Grupo Supervielle Sa Class B's earnings presentation, May 2020
Slide 1: Conference Call
Conference Call 0
Slide 2: Disclaimer
GRUPO a SUPERVIELLE fS Disclatuer
Slide 3: Supervielle Key Business Highlights
Supervielle Key Business Highlights cruro J SUPERVIELLE Prompt implementation of COVID-19 mitigating initiatives, supported by high liquidity and comfortable capitalization strengthen long-term sustainability in a rapidly changing environment Navigating COVID-19 Pandemic Non-Material Impact from COV
Slide 4: Government & Central Bank Measures
Government & Central Bank Measures GRUPO > SUPERVIELLE Main measures established to curb the outbreak of COVID-19 and mitigate impact fa) (2) Froze UVA mortgage and auto loan installments; suspended mortgage foreclosures until Sep 30'20 a Postponed credit cards payments due between Mar 19 and Apr 30
Slide 5: Supervielle COVID-19 Mitigation Action Plan
Supervielle COVID-19 Mitigation Action Plan cruvo SUPERVIELLE Agile strategy execution focused on three key pillars with the goals of protecting our people and customers and accelerating digitalization in a low touch economy * COVID-19 Protocols * Focus on clients’ needs and * Stricter sanitation pr
Slide 6: Accelerated Digitalization
Accelerated Digitalization GRUPO > SUPERVIELLE Digital Indicators - February/April 2020 INSTITUTIONAL Website PERSONAL Online Banking _ PERSONAL Mobile Banking CORPORATE Online Banking SENIOR CITIZENS “Fe de Vida" App invertirOnline.com # 85% New accounts *¥ 47% Transaction (in Ar$) CONSUMER FINANCE
Slide 7: Assisting in the Fight Against COVID-19
Assisting in the Fight Against COVID-19 Buenos Aires City (CABA) * Donation to #SeamosUno, a campaign organized by leading companies, ONGs and social organizations to provide 1 million boxes per day with food and medical supplies reaching over 4 million people in Buenos Aires * Fund raising among ou
Slide 8: Challenging macro further impacted by COVID-19
Challenging macro further impacted by COVID-19 With a sharp drop in economic activity... -11.5% YoY in March Source: Indec Declining interest rates... > Badlar EoP Repo (1D) Dec 30, 19 - May 21, 20 Source: BCRA ... the government has increased social assistance and relief for some affected companies
Slide 9: [AR$ Bill. Non restated Figures] [Original Currency]
[AR$ Bill. Non restated Figures] [Original Currency] [in AR$ Bn. Non restated Figures] [in US$ Bn.] 8
Slide 10: [AR$ Bill. Non restated Figures] [Original Currency]
[AR$ Bill. Non restated Figures] [Original Currency] [in AR$ Bn. Non-Restated Figures] [in US$ Bn.] 9
Slide 11: [AR$ Mill.]
[AR$ Mill.]1) [%] [AR$ Mill.]1) 10
Slide 12: Corporate Portfolio breakdown
[AR$ Mill]1) [AR$ Mill]1) [%]1) Corporate Portfolio breakdown2) Personal & • Business Portfolio breakdown • • • 11
Slide 13: Loan portfolio breakdown
[AR$ Mill]1) [%]) [%]) Loan portfolio breakdown • • 12 •
Slide 14: Funding & Deposit Base
FUNDING & DEPOSIT BASE cxuro SUPERVIELLE Total Deposits up 41.5% QoQ. Core retail and corporate peso deposits up 14.8% QoQ, while institutional funding up over 3x to fund investments in Central Bank Leliqs Funding (ARS Mi] Deposits & Liquidity (Mw %/ AR$ Mil -20.5% | { 3.1% } 1 5.8% -12.7% 22.1% 60.
Slide 15: Net Financial Income (NFI) & NIM
| i NET FINANCIAL INCOME (NEI) & NIM cxuro SUPERVIELLE Comparable NFI up 0.9% QoQ but NIM down 180 bps from higher avg asset & deposit volumes raised to take advantage on higher spreads on Leligs. AR$ Loan NIM up 180 bps Net Financial Income (ARs Mi] NIM [%/ 1Q19. 2Q19 = 3Q19) 4Q19_ = 1Q20 l 13.8% T
Slide 16: [AR$ Mill.]
[AR$ Mill.] [AR$ Mill.] [%]1) 15
Slide 17: Evolution Delinquency Ratio
Evolution Delinquency Ratio 16
Slide 18: Administrative Expenses & Efficiency Ratio
ADMINISTRATIVE EXPENSES & EFFICIENCY RATIO GRUPO > SUPERVIELLE Efficiency ratio improved to 60.4% from comparable 66.6% in 4Q19 reflecting streamlining of operations in 2019 while revenues remained flat Personnel and Administrative Expenses, D&A & Efficiency Ratio ARS Mi] | {-15.6%} 19.000 ° 5 17000
Slide 19: [AR$ Mill.]
[AR$ Mill.] [AR$ Mill.] [%] [%] 18
Slide 20: Capitalization
CAPITALIZATION GRUPO > SUPERVIELLE Tier 1 Ratio of 13.3% up 200 bps QoQ benefitting from IAS29 initial adoption on capital and to a lesser extent from Central Bank regulatory easing on provisions Capital Deployment (Tier / Ratio %}” )0/ os 0,5% ee] 0.2% 11% ees as | 11,3% Dec19 Initial Recognition E
Slide 21: Weak economic activity has been compounded by the COVID-19 pandemic
▪ Weak economic activity has been compounded by the COVID-19 pandemic ▪ Preparing for a gradual reopening of the economy maintaining the highest possible standards to protect the health of our employees and customers ▪ Path to recovery and is largely dependent upon: ▪ Depth and duration of COVID-19
Slide 22: Contents
GRUPO a SUPERVIELLE m Q&A
Slide 23: Annex
GRUPO a SUPERVIELLE Annex
Slide 24: Income Statement & Balance Sheet
INCOME STATEMENT & BALANCE SHEET cwuro SUPERVIELLE In millions of Ps. stated in terms of the measuring unit current at the end of the reporting period Income Statement 1Q20 4Q19 3Q19 2Q19 1Q19 QoQ YoY Net Interest Income 7,030.1 4,910.0 1,932.7 1,910.0 1894.1 43.2% 271.2% NIFFI & Exchange Rate Diffe
Slide 25: Key Indicators
KEY INDICATORS In millions of Ps. stated in terms of the measuring unit current at the end of the reporting period Profitability & Efficiency 1Q20 4Q19 3Q19 2Q19 1Q19 ROAE 77% -13.1% -35.5% 18.0% -20.1% ROAA\ 1.0% 1.7% 4.2% 2.0% -2.2% Net Interest Margin (NIM)| 22.8% 28.8% 7A% 22.0% 19.0% Net Fee In
Slide 26: Key Indicators
KEY INDICATORS cruco SUPERVIELLE In millions of Ps. stated in terms of the measuring unit current at the end of the reporting period Profitability & Efficiency 1Q20 4Q19 3Q19 2Q19 1Q19 Retail Price Index (%): 78% 1.7% 12.5% 9.5% 11.8% Avg. Retail Price Index (%) 50.5% 52.1% 54.1% 56.3% 51.2% UVA (va
Slide 27: Income Statement & Balance Sheet
INCOME STATEMENT & BALANCE SHEET cero SUPERVIELLE Non-restated figures - In millions of Argentine Ps. Income Statement 1Q20 4Q19 3Q19 2Q19 1Q19 QoQ YoY Net Interest Income 6,840.0 4,412.3 1,523.8 1,370.7 1,218.3 55.0% 461.4% NIFFI & Exchange Rate Differences 397.4 3,245.5 3,754.4 5,189.6 4,259.4 -87
Slide 28: Key Indicators
KEY INDICATORS Non-restated figures - In millions of Argentine Ps. Profitability ee 1Q20 4Q19 3Q19 2Q19 1Q19 ROA 26.4% 28.4% 6.2% 42.2% 13.6% ROA 3.5% 3.7% 0.7% 47% 15% GRUPO > SUPERVIELLE
Slide 29: Thank You!
Thank You! 28