Banco Davivienda SA · BVC:PFDAVVNDA
Banco Davivienda SA — Q3 2014 Earnings Presentation
24 slides from Banco Davivienda SA's earnings presentation, July 2021
Slide 1: Earnings Presentation 3Q14 Consolidated Results
Earnings Presentation 3Q14 Consolidated Results
Slide 2: Disclaimer
The information presented here is exclusively informative and illustrative. 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 internally by DA
Slide 3: Content
Content Third Quarter Highlights Third Quarter 2014 Financial results 3
Slide 4: Third Quarter Highlights
Third Quarter highlights
Slide 5: Main Results
Third Quarter Highlights Main Results Net Income for 9M141 totaled COP 754.3 billion, 27.3% higher compared to 9M13. ROAE2 at September 2014 reaches 16.4% from 13.5% on 3Q13. Efficiency3 reached 52.5% 218 bps. Lower than in 3Q13. Gross loan portfolio increased 21.3% compared to 3Q13. NPL4 up to 90 d
Slide 6: Consumer Loans
Third Quarter Highlights Consumer Loans Mortgage loan portfolio grew 28.6% compared to similar period last year. Mortgage disbursements in Colombia were COP 785 billion during the quarter, 47.9% more than 3Q13. Consumer loan portfolio grew 14.2%, with a 28.7% increase in payroll portfolio in Colombi
Slide 7: Commercial Loans
Third Quarter Highlights Commercial Loans Commercial loans grew 21.7% compared to 3Q13. Corporate loan segment represents the largest state of loan portfolio, with a 20.9% increase to 3Q13. Constructor loan portfolio balance grows 34.7% compared to 3Q13. Disbursements in SMEs in Colombia totaled COP
Slide 8: Assets under Management
Third Quarter Highlights Assets under Management (In thrillion pesos) 27.0 Assets under management grew 25.3 6.2% compared to 3Q13, mainly due to organic operations in Corredores Asociados in mutual funds. The Board of Directors authorized the merger process of Sept. 2013 Sept. 2014 Davivalores and
Slide 9: Daviplata Continues to Add Value
Third Quarter Highlights Daviplata Continues to Add Value More than 2 thousand companies made payments through DaviPlata. Income from payroll and supplier transactions grew 87.7% compared to 3Q13. Transactions (1) Amounts (2) 1. Transactions in million COP 9 2. Transactions amounts in COP Trillion
Slide 10: Davivienda makes its debut on Dow Jones Sustainability Index
Third Quarter Highlights Davivienda makes its debut on Dow Jones Sustainability Index Acknowledgement made to companies with the highest sustainability standards globally. In 2014 a total of 800 companies were invited to be considered for the DSJ. Only 86 entered. In Colombia, only 9 companies were
Slide 11: Other Highlights
Third Quarter Highlights Other Highlights IFC1 disbursed1 to Banco Davivienda S.A. a subordinated loan for US$172.5 million due in 9 years. Securitization of COP 266 billion of mortgage loans in September 2014. In October 2014 senior bonds were issued in the local market for COP 600 billion. 1. Loan
Slide 12: Third Quarter 2014 Financial Results
Third Quarter 2014 Financial Results
Slide 13: Assets
Consolidated Assets (COP Trillion) Consolidated Q/Q (%) Y/Y (%) Cash 13.9 23.8 Investments, net 7.6 -9.1 Loans, net 5.1 21.9 Other assets 4.7 4.2 Assets 6.1 16.0 ROAA(1) 1.52% 1.91% 1.75% Assets Sep. 13 Jun. 14 Sep. 14 Q/Q (%) Y/Y (%) Colombia 44.6 48.7 51.4 5.7 15.3 International (2) 10.5 11.5 12.4
Slide 14: Gross Loans
Consolidated Gross Loans (COP Trillions) Consolidated Q/Q (%) Y/Y (%) Mortgage (1) 3.3 28.6 Consumer 6.2 15.3 Commercial (2) 5.1 21.7 Gross Loan 5.0 21.3 Gross Loan Sep. 13 Jun. 14 Sep. 14 Q/Q (%) Y/Y (%) Colombia 32.0 37.3 38.8 4.1 21.3 Internacional (3) 6.7 7.5 8.2 9.8 21.4 1. Mortgages includes l
Slide 15: Quality and Coverage (%)
Consolidated Quality and Coverage (%) Quality: Loans >90 days Coverage: Allowances/ Loans >90 days 15
Slide 16: Quality and Coverage (%)
Consolidated Quality and Coverage (%) Consumer Commercial 1 Mortgages 2 Quality: Loans >90 days Coverage: Allowances / Loans >90 days 1 Commercial includes microlending 2 Mortgages includes leasing for housing 16
Slide 17: Funding Sources
Consolidated Funding Sources (COP Trillion) Consolidated Q/Q (%) Y/Y (%) Demand Deposits 8.6 20.1 Term Deposits 9.0 19.6 Bonds -0.4 6.9 Credits 10.9 25.5 Funding Sources 7.7 18.6 Loans, Net/ Funding 82.5% 86.9% 84.8% Sources(1) Funding Sources Sep. 13 Jun. 14 Sep. 14 Q/Q Y/Y Colombia 36.3 39.8 42.8
Slide 18: Capital Structure
Consolidated Capital Structure Solvency 9% Minimum Required Tier I 4,5% Tier II Sep.13 Jun. 14 Sep.14 Shareholders’ Equity (In COP Trillion) Q/Q: 4.4% Y/Y: 13.4% 18
Slide 19: Solvency Comparative with International Standards
Consolidado Solvency Comparative with International Standards Solvency* 13.51% Solvency1 under international standards totalled 13,51%. This ratio includes anti-cyclical provisions, current earnings, and occasional reserves. 1. Davivienda presents this diagram for informative purposes only and canno
Slide 20: Financial Margin, Net
Consolidated Financial Margin, Net (COP Billions) ACCUMULATED QUARTERLY 1,975 1,557 710 642 664 NIM(1) Sep. 13 Jun. 14 Sep. 14 7.2% 7.1% 6.7% 3Q13 2Q14 3Q14 Sep. 13 Sep. 14 3Q14 3Q14/2Q14 3Q14/3Q13 Accum. Sep 14 Sep 14/ Sep 13. $ (%) (%) $ (%) 1,220 5.9 17.8 Loan Income 3,474 13.3 87 3.1 -64.5 Inves
Slide 21: Expenses
Consolidated Expenses (COP Billions) QUARTERLY ACCUMULATED 1,950 670 1,748 668 594 Efficiency(1) Sep. 13 Jun. 14 Sep. 14 54.7% 51.5% 52.5% 3Q13 2Q14 3Q14 Sep.13 Sep.14 3Q14 3Q14/2Q14 3Q14/3Q13 Accum. Sep 14 Sep 14/ Sep 13. $ (%) (%) $ (%) 239 2.6 13.2 Personnel Expenses 696 10.3 267 -1.8 9.9 Operati
Slide 22: Net Income
Consolidated Net Income (COP Trillion) QUARTERLY ACCUMULATED 754 320 592 240 246 ROAE(1) Sep. 13 Jun. 14 Sep. 14 13.5% 16.5% 16.4% 3Q13 2Q14 3Q14 Sep.13 Sep.14 1. ROAE (12 months) = Net income 12 months/ Average Equity. 2. Other includes: other income and expenses, other provisions, non-operating ne
Slide 23: Accumulated Net Income
Consolidated Accumulated Net Income (COP billons) Dividends received from internacional subsidiaries Net Income from International Subsidiaries Net Income Local Subsidiaries Deletions Homogenizations Colombia includes Davivienda´s individual net income, local subsidiaries, dividends received from su
Slide 24: Thank you
¡Gracias porYou! Thank su atención! atencionainversionistas@davivienda.com +57 1 2203495