Banco Do Brasil S.a. · BMFBOVESPA:BBAS3
Banco Do Brasil — Q4 2023 Earnings Presentation
19 slides from Banco Do Brasil's earnings presentation, Feb 9, 2024
Slide 1: Earnings Release
#interna EARNINGS RELEASE For further info Point your mobile for MD&A 3Q23
Slide 2: In 2023, BB presented the largest net income of its history
#interna +11.4% In 2023, BB presented R$ billlion 86.1 R$ billlion 35.6 Adjusted Net Income +7.3% the largest net income of YoY 31.9 Value added to society the history! 39.1 Remuneration of own and Sustainable results contributing to the third party capital development of Brazill. 28.7 Personnel (sa
Slide 3: Close and relevant
#interna Close and relevant Wholesale +half R$ +half R$ trillion trillion Payroll Loan Disbursement of R$ 289.1 billion in 2023. +18% YoY. of credit disbursement in 2023. +10 million customers. Balance of R$ 126.4 billion Desenrola BB in dec/23. +9.8% YoY Disbursement of R$ 26.9 billion in Loan Port
Slide 4: Biggest partner of the Agribusiness
#interna Biggest partner of Loan Portfolio Expanded View R$ billion the Agribusiness +14.7% +4.5% 339.9 355.3 Record of R$ 120.0 billion 309.7 in disbursements in 2023/2024 Crop. R$ 66.1 billion are destinated for low-carbon agriculture. (balance in dec/23) Sustainable 152.7 157.3 149.5 R$ 60.8 bill
Slide 5: Efficiency with innovation
#interna Eficciency with innovation We advance in cultural and digital transformation Internal innovation initiatives with experimentation for new technologies Top Innovations PIX: + 5.2 billion Open finance: Training and in Finance 2023 qualification focusing Global Finance Award - The Innovators t
Slide 6: Protagonist in sustainability
#interna Protagonist in sustainability R$ billion The most sustainable bank in the Sustainable world for the 5th consecutive year Loan Portfolio Global 100 +4.8% Women Leadership Dec/22 Feb/24 BB Diversity Program 44% 327.3 343.1 Board of Officers 11% https://www.bb.com.br/diversidade Board of Direc
Slide 7: Commitments BB 2030 for a Sustainable World
#interna Commitments BB 2030 for a Sustainable World SUSTAINABLE RESPONSIBLE CREDIT INVESTIMENT ESG AND CLIMATE POSITIVE MANAGEMENT IMPACTS ON THE VALUE CHAIN 7 | 19
Slide 8: ESG Projections
#interna ESG Projections Banco do Brasil reinforces its commitment to a sustainable future. 2024 BB will monitor projections for its sustainable portfolio, which includes credit lines with an environmental and social focus, as well as financing for activities with positive socio-environmental impact
Slide 9: We are made from people. We are made from Brazil.
#interna We are made from people. We are made from Brazil.
Slide 10: Adjusted Net Income
#interna 2023 R$ billion Guidance 35,6 33 to 37 Adjusted Net Income R$ billion ROE % 22.9 21.3 22.5 21.1 21.6 +11.4% 35.6 +4.8% 31.9 +7.5% 9.0 8.8 9.4 4Q22 3Q23 4Q23 2022 2023 10 | 19
Slide 11: Net Interest Income
#interna 2023 Guidance 27.4% 22% to 26% Net Interest Income R$ billion Managerial View Accounting View Clients Loan Operations Funding Expenses Spread 9.1 9.0 8.6 (%) +13.8% +11.5% +2.1% -6.2% NIM 4.7 4.9 5.3 34.4 35.1 30.9 (%) (20.8) (19.5) (17.5) +27.4% +20.1% 93.5 4Q22 3Q23 4Q23 4Q22 3Q23 4Q23 13
Slide 12: Loan Portfolio Expanded View
#interna 2023 Guidance Loan Portfolio 10.5% 9% to 13% Loan Portfolio Expanded View¹ Individuals 8.1% 7% to 11% Companies 8.5% 8% to 12% Agribusiness 14.7% 14% to 18% R$ billion Individuals Corporate + SME +8.5% +8.1% +5.9% +2.9% 305.2 312.8 331.1 289.6 304.1 313.1 Corporate 197.8 214.0 +10.3% 199.7
Slide 13: ALL Expanded View
#interna 2023 R$ billion Guidance -30.5 -27 to -23 ALL Expanded View R$ billion Credit Risk (ALL) Credit Recovery Cost of Credit1 +27.5% -8.5% % 3.5 +13.6% -1.2% 2.9 3.3 (10.4) (8.2) (9.2) 2.30 2.13 2.11 +82.3% (30.5) 4Q22 3Q23 4Q23 4Q22 3Q23 4Q23 +52.8% +32.8% Discounts Granted Impairments (16.7) (
Slide 14: Credit Quality
#interna Credit Quality NPL +90d NPL +90d by segment % % Individuals 5.44 5.39 5.27 5.02 4.79 3.50 3.40 3.04 3.37 3.30 3.30 2.58 3.00 1.83 2.13 2.31 2.49 2.83 Banking Companies Industry 2.81 2.92 2.62 2.73 2.75 0.96 BB 2.51 2.65 2.63 Agribusiness 0.52 0.59 0.58 0.71 Dec/22 Mar/23 Jun/23 Sep/23 Dec/2
Slide 15: Fee Income
#interna 2023 Guidance 4.6% 4% to 8% Fee Income R$ billion +4.6% 32.3 33.8 +3.6% +0.9% 8.4 8.7 8.7 4Q22 3Q23 4Q23 2022 2023 15 | 19
Slide 16: Administrative Expenses
#interna 2023 Guidance 7.5% 7% to 11% Administrative Expenses R$ billion Annual evolution with emphasis on Cost-to- investments in innovation and business Income Ratio 27.5% Investments in innovation and business (1.4) (36.1) +7.5% Recurring Expenses (1.2) (34.7) (36.1) +6.4% (33.6) (33.6) +3.6% (13
Slide 17: Capital
#interna Payout Capital increase to 45% in 2024. Tier II 16.65 16.24 15.47 BIS Tier I 14.74 14.64 Ratio 13.91 -53bps (%) Estimated impact on Tier I capital of BANBRA 9% call. CET 1 12.01 12.49 12.12 Dec/22 Sep/23 Dec/23 2.06 CET 1 (%) (0.10) (0.78) (0.48) (0.59) 12.01 12.12 Dec/22 Net Income HCDI Ac
Slide 18: Guidance
Em elaboração #interna Guidance 2 Loan Portfolio Expanded View¹ Individuals 8% to 12% 6% to 10% ESG Sustainable Loan Portfolio 5% to 9% 0 Reinforcing BB's commitment to a sustainable Companies 7% to 11% future, from 2024 onwards, we will begin monitoring projections for the sustainable Agribusiness
Slide 19: bb.com.br/ir
#interna bb.com.br/ir