Banco Davivienda SA · BVC:PFDAVVNDA
Banco Davivienda SA — Q3 2021 Earnings Presentation
30 slides from Banco Davivienda SA's earnings presentation, December 2021
Slide 1: Davivienda Corporate Presentation - 3Q21
Davivienda Corporate Presentation - 3Q21
Slide 2: Disclaimer
The information hereby presented is exclusively for informative and illustrative purposes and it is not, nor does it pretend to be, a source for legal or financial assessment of any kind. Certain statements in this presentation are “forward-looking” statements within the meaning of the U.S. Private S
Slide 3: Content
Content Page Page 1 About Davivienda 4 7 Digital Transformation and DaviPlata 12 2 Grupo Bolívar 5 8 Wealth Management 17 3 Ownership Structure 6 9 PDL, Coverage and Cost of Risk 18 4 Results of Our Sustainable Management 7 10 Capital Structure 20 5 History 8 11 Key Ratios 21 6 Loan Portfolio and Fu
Slide 4: Banco Davivienda at a glance
Banco Davivienda at a glance Main Financials Loans: $ 13.0 Loans: $ 10.6 USD Billion Y/Y Customers: 7.2M Customers: 360k 3 Assets $ 38.0 3.2% 2 Gross Loans $ 29.8 1.9% Deposits $ 23.8 3.1% Equity $ 3.7 7.6% Net Profit1 251 M 100% Loans: $ 6.2 Customers: 1.2M Customers: +13.3M Main Ratios AUM: $ 18.2
Slide 5: Our main shareholder: Grupo Bolívar
Our main shareholder: Grupo Bolívar Among the most important conglomerates in Colombia. with over 80 years of experience. Consolidated Figures USA (Miami) Assets USD 39 Billion Honduras Equity USD 4.3 Billion El Salvador Customers +18 million Colombia Costa Rica Employees +24 thousand Countries 6 Pa
Slide 6: Ownership Structure as of Sep. 2021
Ownership Structure as of Sep. 2021 COMMON SHARES TOTAL SHARES 76.1%² 100%¹ PREFERRED SHARES 23.9%³ 1. Total Outstanding Shares: 451,670,413. 2. Ordinary Shares account for 76.1% of Total Shares (343,676,929). 3. Preferred Shares account for 23.9% of Total Shares (107,993,484). 4. Figures as of Sept
Slide 7: Results of Our Sustainable Management
Results of Our Sustainable Management Environmental Social Green Financing Social Financing USD Million USD Million - Sustainable construction - Social Housing - Renewable energy - Social Housing for - Sustainable infrastructure Women - Energy efficiency - Women SMEs $6.3 Tn evaluated with the Environ
Slide 8: Milestones of Sustainable Growth
Milestones of Sustainable Growth Proven Track Record of Organic and Inorganic Growth The Corporation The Local Bank A Regional Banking Platform Creating Ecosystems 2021 2021 13.2% 2020 2019 2021 2015 15.9% 11.8% Market Share 1994 2016 2013 by Assets(2) 3.8% 2018 Assets 15.0% $38.0bn (1) 2012 Market
Slide 9: A Diversified Loan Portfolio
A Diversified Loan Portfolio¹ USD Billion 2004 Sep. 2021 Y/Y Commercial -4.9% $1.3 $29.8 Consumer 3.8% Mortgage 14.0% Total 1.9% Y/Y Colombia COP 8.6% $1.3 $29.8 International USD -6.3% Colombia USD -8.7% 1. Consolidated Gross Loans Figures in USD Billion Exchange rate as of September 2021: COP/USD:
Slide 10: A portfolio focused on strategic segments and products
A portfolio focused on strategic segments and products USD Billion 2% Mortgage Loans Consumer Loans $7.7 $8.4 Commercial Loans $13.7 Figures in USD Billion. Exchange rate as of September 2021: COP/USD: 3,813. 10
Slide 11: Stable and diversified funding sources
Stable and diversified funding sources USD Billion $31.7 Loans / Deposits 123.8% 125.2% 130.7% 128.9% 122.3% 125.2% Loans / Funding Sources 94.2% 92.9% 97.2% 95.9% 93.4% 94.2% International Issuances Portfolio Securitization4 Amount Yield to Coupon Maturity Price¹ Issued Maturity Senior Notes (Global
Slide 12: Digital Transformation of our Business
Digital Transformation of our Business Digital Customers1 88% 89% 94% 77% 74% 38% CONS COL PN SV CR HN Credits Employees and retirees Mortgage Consumer Loans Vehicle Guaranteed Consumer Loans Payroll Insurances Payment Methods LE FR AB I EN LI DL RE Vehicle* Credit card Y Technology eCard Life QR Co
Slide 13: Digital Transformation Evolution
Digital Transformation Evolution Product Sales Digital Banking (Thousands of products) Y/Y 48% Digital Deposits Digital Loans (Million of Products) (Thousands of Products) 25% 1.2x 1.6x Y/Y Y/Y 46% 151% 74% Y/Y Y/Y Traditional Channels Digital Channels Digital Investments Transactional Mix (Thousand
Slide 14: DaviPlata, Our Digital Native Bank
DaviPlata, Our Digital Native Bank Transfer money¹ Pay bills Daviplata Customers Mobile Top-up airtime Receive remittances Products Withdraw money Insurances 13.3 Platform 12.7 +600K +2.3M Q/Q Y/Y 3.4 3.0 Shops: QR Payment Payment E-commerce: DaviPlata With products in the sector Method + 1.7M e-car
Slide 15: DaviPlata, Our Digital Native Bank
DaviPlata, Our Digital Native Bank Outstanding Electronic Deposits Accumulated Transactional Income ($ Million USD) ($ Million USD) 1.3x 1.2x Y/Y Y/Y Active Customers (30 days) 41% Ecards Accumulated Transactions Accumulated Purchases Current cards Monetary + Non Monetary ($ Million USD)* CAC (Milli
Slide 16: DaviPlata, New Functionalities
DaviPlata, New Functionalities Social Seller Profile +10.1 M Marketplace customers in the Manage a business App profile with no fees Connect businesses Manage the business’ with Daviplata finances customers’ day-to-day Organize products in catalogs and share them on social networks New sales channel fo
Slide 17: Wealth Management
Wealth Management USD Billion AUM Evolution Y/Y $16.8 $17.6 $17.9 6.6% Investment Funds Securities brokerage, investment funds, Funds and portfolios Voluntary Pension Funds research and investment banking 18.4% services Assets under custody -6.3% Trust Funds 6.7% International Investments Sep. 2020
Slide 18: Credit Risk Management
Credit Risk Management PDL, CoR, Loans by Stages (%) Loans by Stages PDL1 > 90 days Portfolio 3Q20 2Q21 3Q21 Commercial 3.65% 3.92% 3.99% Consumer 0.75% 2.90% 2.76% Mortgage 3.47% 4.96% 4.45% Total 2.80% 3.90% 3.76% Mortgage2 (120) 3.21% 4.17% 3.70% 3Q20 2Q21 3Q21 Total3 (120) 2.74% 3.70% 3.57% Stag
Slide 19: Credit Risk Management
Credit Risk Management Coverage (%) Coverage1 Loan Loss Reserves / Gross Loans2 Portfolio 3Q20 2Q21 3Q21 Portfolio 3Q20 2Q21 3Q21 Commercial 156.5% 143.5% 141.0% CommercIal 5.7% 5.6% 5.6% Consumer 1050.7% 234.7% 231.4% Consumer 7.9% 6.8% 6.4% Mortgage 64.3% 47.5% 46.9% Mortgage 2.2% 2.4% 2.1% Total
Slide 20: Capital Structure
Capital Structure Capital Adequacy Ratios Equity3 Buffer vs Minimum requirements 3.9% 696 bps 3.6 3.7 11.50% 3.00% 1.50% 1.50% 2Q21 3Q21 1.00% CET1 4.50% 7% Leverage Ratio New minimum 2Q21 3Q21 BIII requirements + Buffers1 Common Equity Tier 1 (CET1) Systemic Buffer (CET1) Conservation Buffer (CET1)
Slide 21: Key Ratios
Key Ratios ROAA & ROAE NIM NIM (Including FX and Derivatives) Fee Ratio Cost-to-income ROAE = Net Profit (12 months) / Average Equity (5 periods) Fee ratio = Fees / (Interest Income + Fees) ROAA = Net Profit (12 months) / Average Assets (5 periods) Cost-to-income = Operating Expenses / (gross financ
Slide 22: A leading banking institution in Colombia
A leading banking institution in Colombia Customers¹ +17.9 Million Branches 525 ATMs 2.1 Thousand Banking correspondents +15 Thousand Employees 12.9 Thousand USD BillionSeptember 2021 Y/Y Ranking Market Share Assets 29.1 2.8% 3 13.3% Gross Loans 22.9 2.1% 2 15.9% Commercial 10.1 -6.5% 3 13.2% Consum
Slide 23: Our operations in Central America
Our operations in Central America Honduras Total Central America¹ USD Million Sep. 21 Y/Y El Salvador Assets 9,169 5.3% Customers +1.4million Costa Rica Gross Loans 6,246 5.2% Branches 132 Commercial 3,240 3.3% ATMs 534 Panamá Consumer 1,624 8.3% Mortgage 1,382 5.9% Employees +4.1 thousand Deposits
Slide 24: Board of Directors and Corporate Governance Committees
Board of Directors and Corporate Governance Committees Audit Committee BoD Members Supports BoD in supervising effectiveness of internal controls Composed of three directors, two are independents members of the BoD Reviews financial audited statements prior submission to the BoD Corporate Governance
Slide 25: Experienced Management Team
Experienced Management Team Efraín Forero. Chief Executive Officer ● CEO since 1990 ● Holds a Bachelor degree in Industrial Engineering from Universidad Javeriana and an M.S. from University of Michigan ● Has over 31 years of experience in the financial sector Ricardo León. Álvaro Carrillo. Executiv
Slide 26: Macroeconomic Fundamentals Colombia
Macroeconomic Fundamentals Colombia Appendix 1 Gross Domestic Product (Y/Y) Davivienda Confidence Index1 *Year to date average Source: Banco Davivienda. 1. ¿Has your level of confidence about the country's Source: National Administrative Department of Statistics (DANE) economic situation increased, r
Slide 27: Macroeconomic Fundamentals Central America
Macroeconomic Fundamentals Central America Appendix 1 Gross Domestic Product (Y/Y) Inflation (Y/Y) Exchange Rate Monetary Policy Rate 27 Source: Central Banks from Central America.
Slide 28: Consolidated Balance Sheet
Consolidated Balance Sheet Appendix 2 USD Million 3Q20 2Q21 3Q21 $ Q/Q Q/Q $ Y/Y Y/Y ASSETS Cash and interbank funds 2,885 2,953 3,337 384 13.0% 452 15.7% Investments 4,264 4,217 4,352 135 3.2% 88 2.1% Loans 27,638 27,614 28,335 720 2.6% 696 2.5% Commercial 14,408 13,73 13,709 -21 -0.1% -699 -4.9% C
Slide 29: Consolidated P&L
Consolidated P&L Accumulated Appendix 2 USD Million 3Q20 2Q21 3Q21 $ Q/Q Q/Q $ Y/Y Y/Y Sep 2020 Sep 2021 $ Y/Y Y/Y Total income 762 729 721 -9 -1.2% -42 -5.5% 2,347 2,109 -238 -10.2% Loans 694 683 686 3 0.4% -8 -1.2% 2,158 2,031 -128 -5.9% Commercial 272 232 238 6 2.5% -34 -12.7% 825 696 -129 -15.6%
Slide 30: Visit us at ir.davivienda.com
Investor Relations and Capital Management ir@davivienda.com + (57 601) 220 3495 ir.davivienda.com Bogotá - Colombia Visit us at ir.davivienda.com