Banco Davivienda SA · BVC:PFDAVVNDA
Banco Davivienda SA — Q2 2017 Earnings Presentation
18 slides from Banco Davivienda SA's earnings presentation, July 2017
Slide 1: Davivienda
& DAVIVIENDN
Slide 2: Earnings Presentation 2Q17 Consolidated Results
Earnings Presentation 2Q17 Consolidated Results
Slide 3: Disclaimer
The information presented here is exclusively for informative and illustrative purposes. 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 int
Slide 4: Macroeconomic Aspects: Colombia
Colombia Macroeconomic Aspects Mar-16 Jun-16 Sep-16 Dec-16 Mar-17 Jun-17 Aug-16 Oct-16 Dec-16 Feb-16 Apr-17 Jun-17 Jun-16 Sep-16 Dec-16 Mar-17 Jun-17 4
Slide 5: Macroeconomic Aspects: Central America Countries
Central America Countries Macroeconomic Aspects Mar-16 Jun-16 Sep-16 Dec-16 Mar-17 Jun-17 Aug-16 Oct-16 Dec-16 Feb-16 Apr-17 Jun-17 Jan-15 Aug-16 Mar-16 Oct-16 Jan-17 5
Slide 6: Main Results
Second Quarter Highlights Main Results Solvency ratio increased 24 b.p. compared to 1Q17 and 72 b.p. when compared to 2Q16. NPL1 closed at 2.67%, 29 b.p. above 1Q17 and 74 b.p. compared to the same quarter last year. Cost of risk2 closed at 1.84%, 14 b.p. higher than 1Q17 and decreased 4 b.p. when c
Slide 7: Main Results
Second Quarter Highlights Main Results Consolidated gross loans showed an annual increased of 11.7%. Colombia grew 12.1%. International operation loans in US dollars increased 5.3%. Net Income QUARTER ACCUMULATED Y/Y: (19.5%) Y/Y: (21.4%) Q/Q: ( 0.6%) ROAE1: 17.0% 15.7% ROAA2: 1.74% 1.63% 1. ROAE =
Slide 8: Other Main Highlights
Second Quarter Highlights Other Main Highlights In April we issued bonds by USD $60 million in El Salvador. In May we issued bonds by USD $10 million in Costa Rica. In June the Bank issued ordinary bonds by COP $700 billion. In the same month the Bank securitized mortgages loans by COP$177 bllion. 8
Slide 9: Content
Content Second Quarter Highlights Second Quarter 2017 Financial Results
Slide 10: Assets
Consolidated Assets (COP Trillion) Consolidado 2Q17/1Q17 2Q17/2Q16 Cash 12.9% 26.1% Investments, net 6.0% 15.3% Loans, net 4.1% 11.9% Other assets (4.0%) (6.4%) Assets (1) 4.7% 12.6% Assets Jun. 16 Mar. 17 Jun. 17 2Q17/1Q17 2Q17/2Q16 Colombia 67.6 73.3 76.2 3.9% 12.7% International COP 22.0 22.6 24.
Slide 11: Gross Loans
Consolidated Gross Loans (COP Trillion) (en billones de pesos) 2Q17/1Q17 2Q17/2Q16 Mortgage 3.8% 13.0% Consumer 4.6% 17.3% Commercial 4.3% 8.5% Gross Loans 4.2% 11.7% Gross Loans Jun. 16 Mar. 17 Jun. 17 2Q17 / 1Q17 2Q17 / 2Q16 Colombia 54.0 58.4 60.5 3.6% 12.1% International COP$ 14.6 15.0 16.0 6.7%
Slide 12: NPL and Coverage (%)
Consolidated NPL and Coverage (%) NPL1 > 90 days 2Q16 1Q17 2Q17 Commercial 1.51% 2.22% 2.58% Consumer 2.59% 2.60% 2.67% Mortgage 2.19% 2.50% 2.86% Total 1.93% 2.38% 2.67% Coverage 2 Total Reserves3 Coverage 2Q16 1Q17 2Q17 2Q16 1Q17 2Q17 Commercial 188.9% 105.5% 98.8% Commercial 244.4% 155.9% 143.6%
Slide 13: Funding Sources
Consolidated Funding Sources (COP Billion) (en billones de pesos) Consolidated 2Q17/1Q17 2Q17/2Q16 Demand Deposits (1.5%) 7.3% Term Deposits 8.5% 17.3% Bonds 13.6% 24.6% Credits 3.6% 1.1% Funding Sources 4.3% 12.0% Net Loans/ Funding sources 89.9% 89.9% 89.8% Funding Sources Jun. 16 Mar. 17 Jun. 17
Slide 14: Capital Structure
Consolidated Capital Structure Solvency Equity (COP trillion) Y/Y: 13.5% Q/Q: 4.2% Tier I Tier II Minimum Requirement 14
Slide 15: Financial Margin, Net
Consolidated Financial Margin, Net (COP Billion) (en miles de millones de pesos) QUARTER ACCUMULATED NIM(1) Jun. 16 Mar. 17 Jun. 17 6.6% 6.4% 6.3% 2Q17 / 1Q17 2Q17 / 2Q16 Jun. 17 / Jun. 16 (%) (%) (%) (0.2) 12.2 Loan Income 13.4 (2.8) (30.2) Investment income, Overnight. (22.7) (0.4) 7.3 Financial I
Slide 16: Expenses
Consolidated Expenses (COP Billion) (en miles de millones de pesos) QUARTER ACCUMULATED Efficiency(1) Jun. 16 Mar. 17 Jun. 17 44.4% 46.4% 47.1% 2Q17 / 1Q17 2Q17 / 2Q16 Jun. 17 / Jun. 16 (%) (%) (%) 11.1 15.2 Personnel Expenses 9.5 6.7 17.1 Operating Expenses 16.2 2.6 6.3 Other Expenses(2) 7.6 8.0 14
Slide 17: Net Income
Consolidated Net Income (COP Billion) (en miles de millones de pesos) QUARTER ACCUMULATED Jun. 16 Jun. 17 ROAE(1) 17.0% 15.7% ROAA(2) 1.74% 1.63% 2Q17 / 1Q17 2Q17 / 2Q16 Jun. 17 / Jun. 16 % % % 5.3 (9.6) Financial Margin, net (6.2) 3.7 5.6 Operative Income (1.5) 8.0 14.7 Operating Expenses 11.9 70.8
Slide 18: Thank You!
¡Thank You! atencionainversionistas@davivienda.com +57 1 2203495