Banco Santander (brasil) S.a. · BMFBOVESPA:SANB3
Banco Santander (brasil) — FY2012 Earnings Presentation
33 slides from Banco Santander (brasil)'s earnings presentation, Jan 31, 2013
Slide 1: Banco Santander (Brasil) S.A. 2012 BR GAAP Results
Banco Santander (Brasil) S.A. 2012 BR GAAP Results January 315, 2013 @& Santander
Slide 2: Disclaimer
DISCLAIMER ‘This praseniaton may contain cranfotar-oking statements and infration elang o Banco Santaner (Gri) S.A. (‘Santander Brs2") and is subsidies that refect the curent views andlor expectations cf Santander Brac and its management wih respect tos performance business and fture events, onwar l
Slide 3: Table of Contents
TABLE OF CONTENTS { Macroeconomic Scenario
Slide 4: Macroeconomic Scenario
MACROECONOMIC SCENARIO GDP (Y-0-Y growth %) Interest Rate ~ Selic (%) 75 | 11.00 | a1 37 (ozs 728 725 8.25 | ne —— 2010 2011 2012e §=2013e §=2014e 2010 2011 2012 | 2013e 2014e Inflation (IPCA %) Exchange Rate (R$ / US$) I \ | ul ae in a 2010 2011 2012 2013e 20142 a LI 2012 | 2013e 2014e ° Source Bra
Slide 5: Table of Contents: Highlights — 2012
TABLE OF CONTENTS Highlights — 2012
Slide 6: Highlights — 2012 vs. 2011
HIGHLIGHTS — 2012 vs. 2011 CNet profit decreases 5% ClLoan portfolio grows 8% O Total revenues’ increase 15% O Costs control CiReduction of pace of gross allowance for loan losses on the 2H12 CiBalance Sheet strength
Slide 7: Table of Contents: Results — 2012
TABLE OF CONTENTS Results — 2012
Slide 8: Results: Net Profit
RESULTS NET PROFIT": Reduction of 5.0% in 12 months tes mm : 1,464 1,501 1,598 776 r goo} goa} | 908 2.7% > r 5.0% —> 6.5% r > 6,661 6329 1643, (768 3,104 : 3,637 4ait 1012 2Q12 3Q12 4Q12 Accounting Net Profit Goodwill 1.73 | 186 | 1.54 | 1.58 | 1.68 2011 1.75 | 2012 1.67 o
Slide 9: Results: Managerial Profit
RESULTS RSMM of Managerial Profit! ore 2011 12M 3M } Net Interest Income 32,380 28,078 15.3% «= 3.7% Fee and Commission Income 10,025 «8,950 12.0% += 3.8% Allowance for Loan Losses (13,223) (9,458) 39.8% 4.1% General Expenses? (15,821) (14,480) 9.6% 3.0% Tax Expenses (3.138) (2,959) 6.1% 1.0% Other
Slide 10: Net Interest Income
RESULTS NET INTEREST INCOME Net Interest Income Breakdown! NIL SMM. I 5.9% > Clients and Interest Rates Interest Rate (Quarter average) ~Selic gait 1012 2012 3012 4a12 MSR 3% AIH TAR 72 121% 124% 127% 122% 165 122% 124% Credit Spread (%) 09% 08% O7% osm om O99 o7m Deposit Spread (%) 4Qi1 1012 2012 3
Slide 11: Net Interest Income - Loan Portfolio
RESULTS NET INTEREST INCOME- Loan Portfolio Total Portfolio Segment Breakdown* R$ Billion 16% i Z mM 499 206 207,212 {svi Deot2 Dect em) (%) Mics) tens i257 essa sem am cerca), CommerFrance 35605 550 344 19% Er ere) Nr ons) es asas7 31600 HSK 40% comport svar ssc! 53% 09% Total 211,958 197,082 7.6%
Slide 12: Allowance for Loan Losses — Credit Indicators
RESULTS ALLOWANCE FOR LOAN LOSSES — Credit Indicators ° NPL Over 60 days! NPL Over 90 days? 84% 8.4% Ti% 7.8% 6.4% 0 re 2 6.6% are ° 2. 6.0% oO 55% 57% > 5.5% 3.4% 45% 4.0% 32% 32% «34% 3.3% 29% 24% ar Dec.11 Mar.12 Jun12 Sep.12 Dec.12 Dec.11. Mar.12 Jun.12 Sep.12 Dec.12 e-Comporate @eindividuals =T
Slide 13: Allowance for Loan Losses — Credit Indicators
RESULTS ALLOWANCE FOR LOAN LOSSES — Credit Indicators r NPL from 15 to 90 days! NPL Over 90 days? ~ Ls 7.8% --* >> 7.7% m% 14% ne = ae oe J @ 2. ee err “se ae 45% 45% ae ame ee ae Dec.11 Mar.12 Jun.12 Sep.12 Dec.12 Dec.11 Mar12 Jun.12 Sep12 Dec.12 Corporate <—@= Individuals we Total —— -Normalized b
Slide 14: Allowance for Loan Losses
RESULTS " ALLOWANCE FOR LOAN LOSSES 67% 194 ne ee Sa% ao R == nam 13,223 3,808 3,091 3,228 3,096 9,458 2,277 14,991 | 11,522 g e 350 4ail 1012 2Q12 3Q12 4Q12 2011 2012 ea cre cee —® Credit Cost" ° "Creat Cost Annuazes atowance er Loan Losses / Average creat porta he pro cu guaraies. }é
Slide 15: Fees and Commission Income
RESULTS ‘ FEES AND COMMISSION INCOME ° Total! Breakdown of Fee and Commission Income Yor goa R§ Million zoe 2011 ae 13.8% > (ae) Lending Operations 1,029 1038 09% 13.0% Current Account «1612 1,503. 7.2% 3.7% Insurance 1461 1403 4.1% 1.7% Collection Services? 721 633 13.8% 4.4% Cards 3,004 2,173 38.3
Slide 16: General Expenses
GENERAL EXPENSES General Expenses Breakdown of Expenses RS Million asl R$ Million zoe on YO Administrative 6,853 6,348 80% 66% Personnel" T2717 6,748 78% 0.9% ‘Subtotal 14,130 13,095 7.9% 3.6% Depreciation and 450) 434 267% 2.1% Amortization® ” Total 15,821 14,430 9.6% 3.0% 4a 1012 2012, 3012 4a12 W
Slide 17: Ratios
RATIOS Efficiency Ratio’ (%) Recurrence? (%) jini u | | | 4Q11 3Q12 4a12 | 2011 2012 4Q11 3012 4012 | 2011 2012 ROAA? (%), ROAES (3%) 1.6% 15% 1.7% 13.5% i I 14% / 15% I N7% 122% 143% 15 sop 4Qi1 3012 4012) 2011 2012 4ait 3012 4012 2011 2012 T-Genera expences / (+ Fees and Commision eate + Tar Eapen
Slide 18: Assets and Equity
ASSETS AND EQUITY . ° Assets! — R$ Billion Equity'— RS Billion I 61% > ; 8.0% > ise piste 407 429 oa) 529 Dec.11 Sep.12 Dec.12 Dec.11 Dec.12 ° |. Eroudes 100% fe goat foe Pe ation of anc 40 wae R517 Bt, Mion an 4012 RS 13a,
Slide 19: Ratios
RATIOS . ° Coverage Ratio over 90 days! BIS Ratio? 136.8% eo 125.6% 24.8% 22.1% pone Dec.11 Sep.12 Dec. 12 Dec.11 Sep.12 Dec.12 iter! miter! |. Alowanes ron loses (ar pestoming ans or 0 aye) Santander 2 BIS Ratio ae of Breeton Cental Sank. whieh includes goodwi Excluding the goodul: 20.2% in Dea!
Slide 20: Funding
FUNDING T Las ition Dec.12__Dec.11__YoY% _Q0Q% Demand Deposits + Savings Deposits 403 | 368 | 9% | 7% Time Deposits + Debentures" 1324 1224 8% 2% Treasury Notes (Letras Financeiras) 265 206 © 29% 5% Funding From Clients - on balance (A) 199.2 1798 11% 3% (©) Reserve Requirements (34.3) (45.0) -24% =
Slide 21: Table of Contents: Final Remarks
TABLE OF CONTENTS Final Remarks
Slide 22: Final Remarks — 2012 vs. 2011
FINAL REMARKS — 2012 vs. 2011 O Net profit decreases 5% Loan portfolio and funding growth = Loan Portfolio grows 8% = Total Funding grows 14% OQ Revenues’ growth = Total revenues! grow 15% = Efficiency ratio presents 2.5 p.p. of improvement QO Costs control Reduction of the pace of gross allowance f
Slide 23: Table of Contents: Annexes
TABLE OF CONTENTS { Annexes }
Slide 24: Annexes — BR GAAP
Annexes — BR GAAP
Slide 25: Managerial — Accumulated
RESULTS Managerial’ — Accumulated (as million) Var. YoY Managerial Financial Statement (R$ Mi 2012 2011 Abs. % NET INTEREST INCOME 32,380 28078 4,303 15.3% Allowance for Loan Losses (13,223) (9,458) (3,765) 39.8% NET INTEREST INCOME AFTER LOAN LOSSES 19,158 18,619 538 2.9% Fee and Commission Income
Slide 26: Managerial — Quarterly
RESULTS Managerial’ — Quarterly (rs million) Managerial Financial Statement (RS mn) 4Qii 1Q12 2012 3Q12 aQi2 INET INTEREST INCOME 7378 3077 3379 Eptts 7813 ‘Allowance for Loan Losses (2277) __ (3,091) __ (3,808)_ (3,228) __(3,086), INET INTEREST INCOME AFTER LOAN LOSSES 5,101 4,986 4s71 4883 any Fee
Slide 27: Balance Sheet: Assets
BALANCE SHEET “ Assets (R$ million) assets Mar-t2 0 jun-12 Gurrent Asset and Long-term Assets «398,671 391,458 411,496 a Total Assets (excluding goodwill) 407,151 399,965 420,593 428,942 434,415
Slide 28: Balance Sheet: Liabilities
BALANCE SHEET (R$ million) Current Liabilities and Long-Term Liabilities 357,389. __348,759_ 368,730 _ 376,173 380,420 Deposits 121,798 122,907 121,819 122,426 126,545, Demand Deposits 13,537 1181711949 11,966 13,457, Saving Deposits 23,293 23,922 _ _ 24,763 __ 25,727__ 26,857 Interbank Deposits 2,8
Slide 29: Balance Sheet: Loan Portfolio by Product
BALANCE SHEET Loan Portfolio by Product" {Rs mitiion Dec.12_Dec.11_Var. YoY _Sep.12 Var. QoQ Individuals Leasing Aut oan (*) ama 2539 ea cred cre mis wea 77 33% Fayrol Loans Mo i122 038 17% Monenee nen 931 266s 1313 am Agata Loans auc 282 132% 27 ok Personal loans Others wen 2a 2.003 16% Total mast
Slide 30: IFRS vs. BR GAAP: Reconciliation
RESULTS IFRS vs. BR GAAP: Reconciliation R$ Million 2012 2011 NET PROFIT - BR GAAP 2,692 3,557 Reversal of Goodwill Amortization 3,637 3,104 MANAGERIAL NET PROFIT - BR GAAP 6,329 6,661 Impairment on Loans and Receivables (628) 908 PPAAmortization (59) 69 Others (183) 17 NET PROFIT - IFRS 5,459 7,155
Slide 31: Santander Acquiring
SANTANDER ACQUIRING In 2012: O We have already achieved the target for 2012: reaching over 416 thousand merchants (139% of goal for 2012) O Market share of 4.5% in Dec/12 (2.6% in Dec/11). Targe Santander Acquiring 2011 2012 ever (85 Ui) +5908 + 16002 creoit ‘once Veo Vae2 oat Eamonn Vee om evens 1)
Slide 32: Vintage Performance
VINTAGE PERFOMANCE e Over 30-Three months after the origination Retail - Individuals! Retail - Corporate (onan 10 ba
Slide 33: Signature
SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereto duly authorized. Date: January 31, 2013 Banco Santander (Brasil) S.A. By: / S / Amancio Acurcio Gouveia Amancio Acurcio Gou
Banco Santander (Brasil) — FY2012 Earnings Presentation on 6ix