Banco Davivienda SA · BVC:PFDAVVNDA
Banco Davivienda SA — Davivienda — Q1 2021 Earnings Presentation
29 slides from Banco Davivienda SA's earnings presentation, May 2021
Slide 1: Davivienda Corporate Presentation - 1Q21
Davivienda Corporate Presentation - 1Q21
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 Wealth Management 15 2 Grupo Bolívar 5 8 Results of Our Sustainable Management 16 3 Ownership Structure 6 9 PDL. Coverage and Cost of Risk 17 4 History 7 10 Capital Structure 19 5 Loan Portfolio and Funding Sources 8 11 Key Ratios 20 6 Digital Transformation
Slide 4: Banco Davivienda at a glance
Banco Davivienda at a glance Main Financials Loans: $ 12.7 Loans: $ 10.6 USD Billion Y/Y Customers: 7.1M Customers: 357k 3 Assets $ 37.0 -2.6% 2 Gross Loans $ 29.4 -1.1% Deposits $ 24.2 2.4% Equity $ 3.5 0.6% Net Profit1 28.5 M -54.9% Loans: $ 6.1 Customers: 1.2M Customers: +12.2M3 Main Ratios AUM:
Slide 5: Our main shareholder: Grupo Bolívar
Our main shareholder: Grupo Bolívar Among the most important conglomerates in Colombia. with more than 80 years of experience. USA (Miami) Consolidated Figures Honduras Assets USD 44 Billion El Salvador Equity USD 4.8 Billion Colombia Costa Rica Customers +18 million Employees +24 thousand Panamá Co
Slide 6: Ownership Structure as of Mar. 2021
Ownership Structure as of Mar. 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 Marc
Slide 7: 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 13.8% 2020 2019 2021 2015 16.1% 11.8%(2) Market Share 1994 2016 2013 by Assets(2) 3.8%(2) 2018 Assets 15.0% $37.0bn (1) 2012 M
Slide 8: A Diversified Loan Portfolio
A Diversified Loan Portfolio¹ USD Billion 2004 Mar. 2021 Y/Y Commercial -5.3% $1.3 $29.4 Consumer -2.1% Mortgage 9.0% Total -1.1% Y/Y Colombia COP 3.5% $1.3 $29.4 International USD 0.5% Colombia USD -18.9% 1. Consolidated Gross Loans Figures in USD Billion Exchange rate as of March 2021: COP/USD: 3.6
Slide 9: A portfolio focused on strategic segments and products
A portfolio focused on strategic segments and products USD Billion 2% Mortgage Loans Consumer Loans $7.4 $8.3 Commercial Loans $13.7 Figures in USD Billion. Exchange rate as of March 2021: COP/USD: 3.679. 9
Slide 10: Stable and diversified funding sources
Stable USD Billion and diversified funding sources $31.2 Loans / Deposits 123.8% 125.2% 130.7% 128.9% 122.3% 121.7% Loans / Funding Sources 94.2% 92.9% 97.2% 95.9% 93.4% 94.2% International Issuances Accumulated Portfolio Securitization³ USD Million Amount Yield to Coupon Maturity Price¹ Issued Matur
Slide 11: Digital Transformation of our Traditional Business
Digital Transformation of our Traditional Business Digital Customers1 85% 88% 90% 77% 46% 34% CONS COL CR PN SV HN Credits Employees and retirees Mortgage Consumer Loans Vehicle Guaranteed Consumer Loans Balance Transfer Insurances Payment Methods LE FR AB I EN LI DL RE Vehicle* Credit card Y Techno
Slide 12: Digital Transformation Evolution
Digital Transformation Evolution Product Sales Digital Banking (Thousands of products) Y/Y Digital Deposits Digital Credit (Million) (Million) 1.8x 1.2x Y/Y Y/Y 93.0% 64.4% Y/Y Y/Y Traditional Channels Digital Channels Transactional Mix (Millions of monetary transactions) Digital Investments (Thousa
Slide 13: DaviPlata, Our Digital Native Bank
DaviPlata, Our Digital Native Bank Daviplata Customers Transfer money¹ Pay bills Mobile Top-up airtime Receive remittances 11.6 12.2 +600K Products Withdraw money Insurances Platform 2.8 Q/Q 2.7 Shops: QR Payment With products in the sector Payment 4.3 E-commerce: DaviPlata 4.2 Method + 1.4M e-cards
Slide 14: DaviPlata, New Functionalities
DaviPlata, New Functionalities Social Seller Profile +8.9 M customers Marketplace in the App Manage a business 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 for
Slide 15: Wealth Management
Wealth Management USD Billion An entire Organization at the service of our wealth management customers AUM Evolution Y/Y $18.4 $17.9 18.1% $15.2 Investment Funds Securities brokerage. investment funds. Funds and portfolios 9.8% Voluntary Pension Funds research and investment banking services 50% Ass
Slide 16: Results of Our Sustainable Management
Results of Our Sustainable Management HIGHER PURPOSE Bolívar Grupo In Davivienda we exist to enrich life with integrity Environmental Social USD $843 M Sustainable Portfolio SUSTAINABILITY +4.2 M Financially-included Colombians 110% Eco- Vehicle funding + USD $15 M Donated to different sectors Awards
Slide 17: Main Ratios - Consolidated
Main Ratios - Consolidated PDL and Loans by Stages (%) Loans by Stages PDL1 > 90 days Portfolio 1Q20 4Q20 1Q21 Commercial 3.81% 3.26% 3.69% Consumer 2.07% 6.04% 3.63% Mortgage 4.41% 4.53% 4.91% Total 3.45% 4.38% 3.98% Mortgage2 (120) 3.50% 2.77% 4.06% Total3 (120) 3.25% 3.95% 3.76% 1Q20 4Q20 1Q21 St
Slide 18: Main Ratios - Consolidated
Main Ratios - Consolidated Coverage (%) Coverage1 Loan Loss Reserves / Gross Loans2 Portfolio 2Q20 3Q20 4Q20 1Q21 Portfolio 2Q20 3Q20 4Q20 1Q21 Commercial 128.2% 156.5% 169.9% 154.1% CommercIal 4.8% 5.7% 5.5% 5.7% Consumer 821.3% 1,050.7% 168.3% 237.3% Consumer 6.2% 7.9% 10.2% 8.6% Mortgage 55.6% 64
Slide 19: Capital Structure
Capital Structure Capital Adequacy Ratio Equity1 USD Billion +451 bps 16,82% 18.53% 16.82% 16.68% 4.86% 4.87% 12,31% 4.87% 12.31% 1.85% 11.50% 4.05% 11.96% 11.81% 11.81% 3.00% +370 8.26% bps 1.50% 1.50% 1.00% 4.50% CET1 7% 4Q20 Pro-forma BIII 1Q21 Pro-forma New minimum Mar. 20 Dic. 20 Mar.21 BIII 4Q
Slide 20: Key Ratios - Consolidated
Key Ratios - Consolidated ROAA & ROAE NIM 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 = Operation Expenses without Goodwill / (gross financial
Slide 21: A leading banking institution in Colombia
A leading banking institution in Colombia Customers¹ +16.9 Million Branches 525 ATMs 2.2 Thousand Banking correspondents +15 Thousand Employees 12.3 Thousand USD Billion March 2021 Y/Y Ranking Market Share Assets 27.9 -0.1% 3 13.8% Gross Loans 23.3 1.1% 2 16.1% Commercial 10.6 -2.5% 3 13.6% Consumer
Slide 22: Our operations in Central America
Our operations in Central America Honduras Total Central America¹ USD Million Mar. 21 Y/Y El Salvador Assets 9,244 -0.4% Customers +1.2million Costa Rica Gross Loans 6,096 0.5% Branches 140 Commercial 3,142 -5.0% ATMs 518 Panamá Consumer 1,591 8.9% Mortgage 1,364 5.0% Employees +4.1 thousand Deposit
Slide 23: Board of Directors and Corporate Governance Committees
Board of Directors and Corporate Governance Committees Audit Committee Directors 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 24: 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 25: Macroeconomic Fundamentals Colombia
Macroeconomic Fundamentals Colombia Appendix 1 Gross Domestic Product (Y/Y) Davivienda’s PMI1 Source: National Administrative Department of Statistics (DANE) Source: Davivienda Bank. 1. PMI: Purchasing Managers' Index | IHS Markit Exchange Rate and Oil Prices Monetary Policy Rate and Inflation Source
Slide 26: Macroeconomic Fundamentals Central America
Macroeconomic Fundamentals Central America Appendix 1 Gross Domestic Product (Y/Y) Inflation (Y/Y) Exchange Rate Monetary Policy Rate Source: Central Banks from Central America.
Slide 27: Consolidated Balance Sheet
Consolidated Balance Sheet Appendix 2 USD Million March 2020 December 2020 March 2021 $ Q/Q Q/Q $ Y/Y Y/Y ASSETS Cash and interbank funds 3,442 3,250 2,733 -517 -15.9% -708 -20.6% Investments 3,825 4,381 4,452 71 1.6% 627 16.4% Loans 29,745 28,999 29,406 407 1.4% -340 -1.1% Commercial 14,514 13,518
Slide 28: Consolidated P&L
Consolidated P&L Appendix 2 1Q19 4Q20 1Q21 $ Q/Q Q/Q $ Y/Y Y/Y Total income 792 778 685 -92 -11.9% -106 -13.4% Loans 758 713 688 -25 -3.5% -70 -9.2% Commercial 278 255 235 -20 -7.8% -44 -15.6% Consumer 300 276 253 -24 -8.6% -47 -15.8% Mortgage 179 182 193 11 5.8% 13 7.3% Investment 25 60 -6 -66 -110
Slide 29: Visit us at ir.davivienda.com
Investor Relations and Capital Management ir@davivienda.com + (57 1) 220 3495 www.davivienda.com Bogotá - Colombia Visit us at ir.davivienda.com