Banco Davivienda SA · BVC:PFDAVVNDA
Banco Davivienda SA — Q3 2011 Earnings Presentation
30 slides from Banco Davivienda SA's earnings presentation, Jul 1, 2021
Slide 1: Results III Quarter 2011
DI WIMIE NON Results III Quarter 2011 DIWIMIENDAN
Slide 2: Table of Contents
Table of Contents Important Events of the quarter Consolidated Results Summary Net income Assets Loans Deposits and Bonds Equity and Solvency Financial Margin Commissions and fees Expenses Consolidated Financial Statements
Slide 3: Important Events of the quarter
Important Events of the quarter
Slide 4: Second Shares Offering
Second Shares Offering The mount of the second issue was $ 480.000 COP million (expandable up to $ 800.000 COP million) We placed $ 716.193 COP million, corresponding to 35.8 million shares Awarding 20.9% 8.1% 6.9% 21.6% 15.4% 5.9% 23.7% 39.3% 79.1% Ordinary Individuals Prefered first offering Other
Slide 5: Second Shares Offering
Second Shares Offering After the second issue the total preferred shares in circulation ascends to 92.5 million shares Floating capital $1.85* COP billion Preferred composition 15.1% Individuals Other legal persons 26.1% Pension funds and severance Foreigners 20.7% 38.1% Float = 92.5 million shares
Slide 6: Second Shares Offering: Upcoming dates
Second Shares Offering Upcoming dates Nov 26 – Dec 7 Dec 14 Payment Negotiable Cash Davivienda Payment Share
Slide 7: Growth: Equity and Solvency
Report III Quarter 2011 Growth Equity Solvency 14.24% 14.57% 12.3% 3.68 12.34% 12.53% 3.03 4.6 2.84 3.06 11.54 3.8 3.9 10.57 3.5 9.5 9.47 1.3% Sep 10 Jun 11 Sep 11 Sep 11* Sep 10 Jun 11 Sep 11 Sep 11* Tier 1 Tier 2 Sep 10 Jun 11 Sep 11 Basic Equity 2.7 2.9 3.1 Aditional Equity 1.0 0.9 1.0 Technical
Slide 8: DaviPlata launched in February 2011 an innovative cash management service
DaviPlata launched in February 2011 an innovative cash management service for all Colombians The most efficient way for companies and the government to make payments to low-income segments of the population Government subsidies (3.5 million potential users) Payroll (10 million potential users) Domes
Slide 9: Bond placements
Bond placements en In August 2011 we made the second bond issue of a regular 3-year program totaling $ 3 COP billion March August 600,000 COP million 500,000 COP million Subordinated: 1.55 Subordinated: 2.9 Total placement: $1.1 COP billions 9
Slide 10: We received International Investment Grade
We recieved International Investment Grade ! ! ! 28!Octubre!2011! 24!Octubre!2011! BBB.! Baa3! ! ! ! 28!Octubre!2011! BBB.! 10
Slide 11: Consolidated results
Consolidated results
Slide 12: Summary
Summary Accumulated net income for the third quarter grew 8.0% over the same period of 2011, reaching $136,000 COP million. Net loans closed at $24.4 COP billion and a growth of 5.5% compared to 2Q of 2011 and 23.4% compared to 3Q10. Loans quality by height stood at 1.48% while the coverage reached
Slide 13: Individual Net Income Davivienda
Resultados Tercer Trimestre 2011 Individual Net Income Davivienda Quarter Net income Acumulated net income 155.8 11.0% 7.6% 133.1 433.2 120.1 402.7 Jan - Sep 10 Jan - Sep 11 3Q10 2Q11 3Q11 Figures in Billions of pesos * Individual figures
Slide 14: Net income
Report III Quarter 2011 Net income Quarter Net income Acumulated net income 183.4 8.0% -7.3% 136.5 126.4 3Q10 2Q11 3Q11 Jan - Sep 10 Jan - Sep 11 ROAE (12 months) ROAA (12 months) DAV SYS* DAV* DAV SYS* DAV* Sep 10 18.4% 17.3% 17.8% 2.0% 2.2% 1.9% Sep 11 14.6% 15.9% 14.8% 1.7% 2.1% 1.8% Data in thou
Slide 15: Assets
Report III Quarter 2011 22.4% Assets 32.8 8.0% 35.1 28.7 5.9 Q/Q Y/Y 5.6 5 4.1 4.9 4 5.3% 18.3% Other assets Investments 17.6% 22.2% 23.1 24.4 Net portfolio 19.8 5.5% 23.4% Sep 10 Jun 11 Sep 11 Sep 2010 Sep 2011 Sep 2011 Davivienda Davivienda System* 17.3% 16.7% 15.7% 13.9% 13.8% 20.3% 68.8% 69.5% 6
Slide 16: Loans
Report III Quarter 2011 Loans 23.0% Q/Q Y/Y 25.7 24.4 5.6% 5.4% 8.9% 20.9 4 3.8 3.7 1.1% 19.4% 8.4 8.5 Mortgages 7.2 Consumer 8.7% 30.7% Commercial 12.2 13.2 10.1 Sep 10 Jun 11 Sep 11 Sep 2010 Davivienda Sep 2011 Davivienda Sep 2011 System* 17.5% 6.0% 15.5% 21.9% 48.3% 51.3% 34.2% 33.2% 72.1% Commer
Slide 17: Loans: Growth, quality and coverage
Report III Quarter 2011 Loans Growth, quality and coverage Total (%) Consumer (%) Commercial (%) Mortgage (%) Sep 10 Sep 11 Sep 10 Sep 11 Sep 10 Sep 11 Sep 10 Sep 11 Quality 1.80 1.48 1.88 2.09 1.18 0.72 1.67 1.54 Coverage 361.2 356.6 389.1 382.5 457.8 532.1 171.4 208.0 Growth 23.0% 19.4% 30.7% 8.9%
Slide 18: Funding
Report III Quarter 2011 Q/Q Y/Y Funding 23.8% 31.2 29.0 7.8% 7.8% 23.8% 2.4 25.2 1.7 3.3 20.9% 75.6% 2.7 Others 2 3.7 1.9 3.5 6.0% 44.1% Credits 2.6 6.6 6.7 Bonds 2.2% -10.0% 7.5 3.1 3.2 Time Deposit 4.0% 12.9% 2.9 Checking Account 4.6% 40.3% 11.3 11.9 Savings Account 8.5 Sep 10 Jun 11 Sep 11 Sep 20
Slide 19: Individual Financial Margin
Resultados Tercer Trimestre 2011 Individual Financial Margin Quarter Acumulated 1,063.3 3.0% 1,094.8 378.7 236.5 -14.8% 72.6 -5% 277.6 359.2 87.6 21% 2,047 587.7 1,708.5 19.8% 739 26% -90.4 -201.3 103% -316 -491.5 44.5% -162.7 -508.8 -225.3 38% -590.8 16.1% 3Q10 3Q11 Jan-Sep 10 Jan-Sep 11 Provisions
Slide 20: Financial Margin
Report III Quarter 2011 Financial Margin Acumulated Quarter 1,180.2 1,156.1 -14.8% 448.6 179.7 -14.6% 210.9 2.1% 90.9 382.9 58.2 -36.1% 2,119.8 1,782.8 18.9% 612.8 764.4 24.7% -87.3 132.9% -297.6 66.2% -203.4 -494.5 -168.8 -237.3 40.6% -542.1 -629 16.0% 3Q10 Jan-Sep 10 3Q11 Jan-Sep 11 Provisions Tot
Slide 21: Commissions & Fees Income
Report III Quarter 2011 Commissions & Fees Income Quarter Acumulated Quarter Commissions and Fees 580 206 14.1% 14.6 11.1% 43.8 5.1% 183 23.2 524 65.4 11.3 31.6 11.5% 14.3 42.1 22.2 59.3 5.6% 9.3 25.5 44.7% 67 189.7 65.5 188.9 33.1% 90.3 250 70.4 208.2 Retail Banking loans Retail Banking Uptake 3Q10
Slide 22: Expenses
Report III Quarter 2011 Expenses Quarter Acumulated 381.4 404.2 1,199.1 6.0% 15.5 22.8% 1,080.1 11.0% 12.6 45 12.2% 30.3 75.7% 40.1 97.4 17.2 43.9% 47.6 47.7 67.7 0.1% 160.5 15.3% 139.2 157.7 164.6 4.4% 454.6 5.3% 431.9 -0.1% 10.1% 146.2 146.1 401.2 441.6 3Q10 3Q11 Jan - Sep 10 Jan - Sep 11 Personne
Slide 23: Thank you for your attention!
¡Thank you for your attention!
Slide 24: Consolidated Financial Statements
Consolidated Financial Statements
Slide 25: Main Figures
Main Figures BANCO DAVIVIENDA S.A & SUBORDINATES MAIN FIGURES CONSOLIDATED 3Q11-2Q11 (COP THOUSANDS OF MILLIONS) Acummulated Net income Enterprise Assets Liabilities Equity Sep 11 Net income Sep 11 Banco Davivienda S.A. 33,737 29,840 3,898 133 433 Bancafé Panamá S.A. -99.9% 1,151 986 164 6 15 Confin
Slide 26: Main Figures
Main Figures BANCO DAVIVIENDA S.A & SUBORDINATES MAIN FIGURES CONSOLIDATED 3Q11-2Q11 (COP THOUSANDS OF MILLIONS) Enterprise Assets Liabilities Equity Net income Sep 11 Banco Davivienda S.A. 33,737 29,840 3,898 133 Bancafé Panamá S.A. -99.9% 1,151 986 164 6 Confinanciera S.A. -94.9% 467 391 76 4 Fidu
Slide 27: Consolidated Davivienda & Subordinates: Assets
Consolidated Davivienda & Subordinates General consolidated balance as of September 2011 Assets Sep10 Jun 11 Sep 11 Var Sep 11/ Var Sep 11/ Jun11 Sep 10 Available 2,100 2,550 2,488 -2.4% 18.5% Investments 3,977 4,133 4,860 17.6% 22.2% Loans 19,757 23,108 24,356 5.4% 23.3% Commercial 10,114 12,157 13
Slide 28: Consolidated Davivienda & Subordinates: Liabilities & Equity
Consolidated Davivienda & Subordinates Liabilities & Equity Sep10 Jun 11 Sep 11 Var Sep 11/Jun11 Var Sep 11/ Sep 10 Deposits 18,923 21,193 21,982 3.7% 16.2% Savings accounts 8,457 11,341 11,868 4.6% 40.3% Checking accounts 2,864 3,112 3,235 4.0% 12.9% Time deposits 7,469 6,572 6,719 2.2% -10.0% Bond
Slide 29: Consolidated income statement as of September 2011
Consolidated Davivienda & Subordinates Consolidated income statement as of September 2011 3Q10 2Q11 3Q11 3Q11/2Q11 3Q11/3Q10 ACUM. 3Q10 ACUM. ACUM 11/ACUM 3T11 10 Total income 705 773 824 6.5% 16.9% 1,996 2,304 15.4% Loans income 613 704 764 8.6% 24.7% 1,783 2,120 18.9% Commercial 199 221 241 9.0% 2
Slide 30: Thank you for your attention!
¡Thank you for your attention!