Banco De Credito E Inversiones · BCS:BCI
Banco De Credito E Inversiones — Q2 2016 Earnings Presentation
31 slides from Banco De Credito E Inversiones's earnings presentation, August 2016
Slide 1: Corporate Presentation 2Q 2016
Corporate Presentation 2Q 2016 Investor Relations Department | Email: Investor_Relations_Bci@Bci.cl August 2016
Slide 2: Contents
Contents. Main Macroeconomic indicators Chilean financial system. Banco de Crédito e Inversiones. City National Bank of Florida Bci Investor Relations July, 2016
Slide 3: Main Macroeconomic Indicators
Bci Investor Relations Main Macroeconomic indicators
Slide 4: Main Macroeconomic Indicators
Main Macroeconomic Indicators GDP (% YoY growth) Investment (% YoY growth) 5,8 5,5 15,0 4,0 11,6 11,6 1,9 2,1 1,6 2,2 -1,5 -2,4 2011 2012 2013 2014 2015 2016 E -4,2 2010 2011 2012 2013 2014 2015 2016 E Private Consumption (% YoY growth) Inflation and Central Bank Monetary Policy Rate (TPM) (%) 10,8
Slide 5: Chilean Macroeconomic Indicators
Bci Investor Relations Chilean Macroeconomic Indicatiors
Slide 6: Financial System
Financial System Strong Growth Over the Years (US$ Millions) Total Loans (*) Commercial & Interbank Loans (*) 9.2% 8.9% 7.8% 10.6% 204,599 209,195 124,316 122,622 185,207 191,550 113,143 115,327 166,700 103,490 151,219 94,930 2012 2013 2014 2015 2Q15 2Q16 2012 2013 2014 2015 2Q15 2Q16 Consumer Loans
Slide 7: Banco de Crédito e Inversiones
Bci Investor Relations Banco de Crédito e Inversiones
Slide 8: Shareholders and Corporate Governance
Shareholders and Corporate Governance Shareholder Structure as of June 2016 Since Luis Enrique Yarur Rey (President) 1991 Shareholder Dionisio Romero Paoletti, 2010 Float Francisco Rosende Ramírez (I) 2010 Agreement 29.18% 63.26% Board of José Pablo Arellano Marín 2011 Directors Mario Gómez Dubravci
Slide 9: Bci Highlights - Profitable and Financially sound
Bci Highlights - Profitable and Financially sound June 2016 In US$ Millions (*) Market Share Total Assets $ 44,931 Total Loans $ 31,865 14.35% Net Income (LTM) ** $ 488 15.37% Market Capitalization $ 5,256 Tier I BIS ratio Capital Ratios 10.09% 13.52% Moody's S&P Fitch International Credit Ranking A
Slide 10: Corporate Strategy
Corporate Strategy Strategic Priorities 1 2 3 Consistent Customer – Focused Enhance Leadership Profitability with Experience and and Colaboration Increased Digital throughout the Productivity Transformation Organisation 10
Slide 11: Corporate Strategy
Corporate Strategy Digital tranformation to achieve higher efficiency and to encourage flexibility and iteration in processes to simplify the operation Consistent Consolidate risk culture and best-in-class practice Profitability and Continue to strenghten our capital position to support growth while
Slide 12: Our Recognition is Result of Our Work in Our Strategic Pillars
Our Recognition is Result of Our Work in Our Strategic Pillars Banking Awards Customer Experience Innovation and digital banking Corporate Governance and Sustainability 12
Slide 13: Market Shares
Market Shares 3rd Largest Privately Owned Bank in Chile Total Assets Total Loans 14.33% 14.35% Bci Bci 14.96% 17.08% Others Bank 1 Others Bank 1 62.47% 63.48% 37.53% 17.43% Bank 2 36.52% Bank 2 17.97% Bank 3 Bank 3 15.76% 14.08% Non Interest Bearing Deposits (NIBD) Net Income 19.88% 15.13% Bci Bci 1
Slide 14: National and International Presence
National and International Presence Tactical International Coverage Combined with one of the Largest National Distribution Channels 362 National Commercial Contact Points (CCP) Presence in 6 countries NORTH Regions I to IV and XV 55 CCP CENTER Regions V, VI and RM 230 CCP SOUTH Regions VII to XII an
Slide 15: Loan Portfolio
Loan Portfolio Bci has Outperformed the Financial System during 2012-2016 (US$ Millions) CNB BCI Total Loans Commercial & Interbank Loans 9.2% 10.6% 7.8% 27.9% 8.9% 15.6% 31,865 30,701 30.6% 14.0% 20,271 21,095 24,348 24,906 21,969 16,330 16,156 19,862 15,039 13,682 2012 2013 2014 2015 2Q15 2Q16 201
Slide 16: Well-diversified and Balanced Loan Portfolio
Loan Portfolio Well-diversified and Balanced Loan Portfolio Bci Commercial CIB Commercial CIB Finance Retail Banking SMEs Division Banking Division Individuals Revenues < UF Revenues > UF Corporate and Private 80.000 80.000 (up to US$ Banking (up to US$ 3.1 58.6 million*) million*) Loans by Segment
Slide 17: Risk Indicators
Risk Indicators Conservative Risk Management Policies Risk Index Total Loans Risk Index Commercial Loans Commercial Allowances/ Commercial Loans (Bci) Allowances/ Total Loans (Bci) Commercial Allowances/ Commercial Loans (Financial System) Allowances/ Total Loans (Financial System) 2.81% 2.93% 2.99%
Slide 18: Conservative Risk Management Policies
Conservative Risk Management Policies Conservative Risk Management Policies NPL Ratio (NPLs/Total Client Loans) NPL Ratio (Commercial Loans) Bci Financial System Bci Financial System 2.20% 2.57% 2.52% 2.13% 2.10% 2.08% 2.22% 1.88% 1.83% 1.95% 2.38% 2.24% 1.44% 2.06% 2.07% 1.47% 1.68% 1.72% 1.69% 1.5
Slide 19: Strong Time Deposit Growth with Retail Customer Base
Strong Time Deposit Growth with Retail Customer Base Non Interest Bearing Deposits & Time Deposits (US$ million) 72.2% 30.5% 20.0% 8.8% 12,168 11,956 6,944 6,944 Non Interest 5,471 5,928 Bearing Deposits 12,442 14,065 12,532 15,033 Time Deposits 10,921 11,654 2012 2013 2014 2015 2Q 2015 2Q 2016 Loca
Slide 20: Profitability
Profitability Bci has outperformed the Financial System during 2012-2016 NIM (*) (Net Interest Margin/ Average Interest Earning Assets) 4.21% 4.49% 4.14% 4.00% 3.93% 3.67% 4.31% 3.78% 3.85% 3.93% 3.92% 3.54% 2012 2013 2014 2015 2Q 2015 2Q 2016 Bci Banking Sector Efficiency ratio (**) Fee income rati
Slide 21: Profitability
Profitability Sustained and Profitable Growth Net Income and Market Share (US$ Million) 6.84% 600 519 500 20.00% 454 -4.81% 410 18.00% 500 400 257 15.5% Net Income 16.00% 16.5% 300 15.7% Market Share 14.00% 200 15.0% 15.0% 244 100 13.8% 12.00% 0 10.00% 2012 2013 2014 2015 2Q 2015 2Q 2016 ROAA (*) RO
Slide 22: Capitalization
Capitalization Bci Capitalization Well Above Regulatory Requirements 13.60% 13.44% 13.78% 13.99% 13.52% 11.98% Regulatory Capital / Consolidated Risk weighted assets Basic Capital / Total Assets 7.04% 7.14% 7.19% 7.52% 7.52% Required by Sbif (8%) 6.32% Required by Sbif (3%) 2012 2013 2014 2015 2Q 20
Slide 23: City National Bank of Florida
Bci Investor Relations City National Bank of Florida
Slide 24: Simulation of Bci stand alone and City National Bank of Florida
Simulation of Bci stand alone and City National Bank of Florida CMF US$ million (*) Bci Adjust Consolidated Owner CNB(¹) Cash 1.907 158 0 2.065 Securities 3.773 1.753 0 5.527 Loans and receivables net (**) 26.569 4.720 0 31.289 Other Financial Instruments 1.065 85.075 -855 294 Fixed Assets 349 78 0
Slide 25: Simulation of Bci stand alone and City National Bank of Florida
Simulation of Bci stand alone and City National Bank of Florida CMF US$ million (*) Bci Adjust Consolidated Owner CNB(¹) Net Interest Income 578 98 676 Net Service Fee Income 180 10 190 Operating Income 758 108 866 Other Operating Income 62 6 68 Provision for loan losses -121 -7 -128 Operating Incom
Slide 26: Bci Continues to Generate Value for Its Shareholders
Bci Continues to Generate Value for Its Shareholders through Profitable and Healthy Growth Strong Loan growth of 27.9% YoY. Includes City Loans National Bank of Florida NIM of 3.67%. Better than the financial system NIM (3.54%) NPL of 1.39%. Better than the financial system Credit Risk (1.83%) Effic
Slide 27: Thank you
This presentation contains forward-looking statements in various places throughout therein, related to, without limitation, our future business development. Forward-looking information is often, but not always, identified by the use of words such as “anticipate”, “believe”, “expect”, “plan”, “intend
Slide 28: Balance Sheet (US$)
Balance Sheet US$ million (*) 2012 2013 2014 2015 CAGR 2Q15 2Q16 %D 2012-2015 Cash 2.207 1.908 2.340 1.924 -4,47% 1.962 2.065 5,25% Securities 3.016 2.989 3.156 5.605 22,94% 3.423 5.527 61,45% Loans 19.862 21.969 24.347 30.149 14,93% 24.406 31.290 28,21% Other Financial Instruments 105 121 153 399 5
Slide 29: Balance Sheet (CLP$)
Balance Sheet CLP$ million (*) 2012 2013 2014 2015 CAGR 2Q15 2Q16 %D 2012-2015 Cash 1.459.619 1.261.766 1.547.758 1.272.552 -4,47% 1.297.293 1.365.447 5,25% Securities 1.994.900 1.976.887 2.086.992 3.706.721 22,94% 2.263.999 3.655.235 61,45% Loans 13.135.803 14.529.469 16.102.488 19.939.945 14,93% 1
Slide 30: Financial Results (US$)
Financial Results CAGR US$ million (*) 2012 2013 2014 2015 2Q15 2Q16 %D 2012-2015 Net Interest Income 900 981 1.161 1.210 10,40% 547 676 23,59% Net Service Fee Income 287 295 321 354 7,30% 162 190 17,34% Operating Income 1.187 1.277 1.482 1.565 9,70% 709 866 22,16% Other Operating Income 191 233 215
Slide 31: Financial Results (CLP$)
Financial Results CAGR CLP$ million (*) 2012 2013 2014 2015 2Q15 2Q16 %D 2012-2015 Net Interest Income 595.183 649.025 767.979 800.505 10,38% 361.858 447.205 23,59% Net Service Fee Income 189.694 195.215 212.213 234.270 7,29% 107.194 125.779 17,34% Operating Income 784.877 844.240 980.192 1.034.775
Banco de Crédito e Inversiones — Q2 2016 Earnings Presentation on 6ix