Banco De Bogota Sa · BVC:BOGOTA
Banco De Bogota Sa — Credicorp Capital XIX Andean Conference 2021
19 slides from Banco De Bogota Sa's conference presentation, September 2021
Slide 1: Credicorp Capital – Banco de Bogotá, XIX Andean Conference 2021
Credicorp Capital – Banco de Bogota XIX Andean Conference 2021 Corporate Presentation Sep 21st – 23rd, 2021 The Issuers Recognition-IR granted by the Colombian Securities Exchange is not a certification about the quality of the securities listed at BVC nor the solvency of the issuer. 1
Slide 2: Disclaimer
Disclaimer Banco de Bogotá is an issuer of securities in Colombia and, as such, it is required to comply with periodic reporting requirements and corporate governance practices. As a financial institution, the Bank is subject to inspection and surveillance from Colombia’s Superintendency of Finance.
Slide 3: 2021 Second Quarter Performance Overview
2021 Second Quarter Performance Overview Attributable Net Income for 2Q-2021 was $863.4 billion pesos, resulting in a 16.0% ROAE. Key Metrics Comments 1.8% 16.0% • Profitability ratios were resilient to the social unrest ROAA ROAE observed during the quarter. • Quarterly improvement of 36 bps on NIM
Slide 4: Porvenir Shareholders' Agreement
Porvenir Shareholders’ Agreement On July 28th 2021, a shareholders’ agreement was subscribed, whereby Grupo Aval, ultimate parent of Porvenir, became its direct controlling entity. Consequently, Banco de Bogotá will cease to consolidate Porvenir and will begin to account it as an Equity Investment.
Slide 5: Digital Transformation: A Success Story
Digital Transformation: A Success Story Sales Channel Transformation Service Channel Transformation Total Consolidated Cumulative Digital Sales (k) 1 Active Digital Clients (k) ∆ CAGR 57.1% 891 7 out of 10 BdB + BAC ∆ CAGR 31.0% Products sold in 2,738 571 Colombia 2,122 Outstanding 361 and 3 out of
Slide 6: Context – Macro Performance Colombia
Context – Macro Performance Colombia Monthly Activity Indicator vs. GDP1 (YoY %) Daily Activity Indicators (% change2, Index 2019=100, 7-day moving avg) 30% 20 110 20% 5.1% 4 0 105 106 13.6% 10% -20 100 1.1% 0% -4.2% -40 95 -10% -60 90 -20% 2019 2020 2021e GDP (YoY%) 3.3% -6.8% 7.0% -20.8% -80 Mobil
Slide 7: Context – Macro Performance Central America
Context – Macro Performance Central America GDP Forecasts1 (YoY %) Activity Index2 (YoY %) 30% 21.8 14 19.0 20% 15.1 2021 12 11.8 12.0 2022 10% 9.6 10 7.9 0% 5.4 8 -10% 6 -20% 5.7 4 5.0 4.5 4.5 4.2 -30% 3.8 4.0 2 3.3 3.3 Jan-20 Mar-20 May-20 Jul-20 Sep-20 Nov-20 Jan-21 Mar-21 May-21 2.8 2.6 2.7 0.2
Slide 8: Assets & Loan Portfolio Detail – Consolidated
Assets & Loan Portfolio Detail – Consolidated Total Assets Breakdown (June 30, 2021) Total Gross Loan Portfolio Structure Figures in Ps. Trillions Other industrial and manufacturing products, 3.6% Others, 3.8% $145.9 $221.4 Public services, 3.1% Chemical production, 2.5% Commercial services, 21.1% A
Slide 9: Loan Portfolio Quality – Consolidated
Loan Portfolio Quality – Consolidated 30 days PDLs / Gross Loans Cost of Risk (1) 90 days PDLs / Gross Loans Loan provision (net of recoveries of charged-off assets) / 30 days PDLs / Gross Loans Average Loans Loan provision / Average Loans 90 days PDLs / Gross Loans 4.7% 4.8% 3.9% 3.0% 2.5% 2.3% 2.9
Slide 10: Loan Portfolio Quality – Colombia and Central America
Loan Portfolio Quality – Colombia and Central America Colombia (COP) Central America (USD) 2Q-20 1Q-21 2Q-21 2Q-20 1Q-21 2Q-21 Delinquency Ratio 30-day PDLS / Gross Loans 5.6% 6.6% 6.9% 2.3% 3.1% 3.0% 90-day PDLS / Gross Loans 4.5% 5.0% 5.4% 1.2% 1.7% 1.6% Cost of Risk Net Provision Loss / Avg Loans
Slide 11: Loan Portfolio Quality – Breakdown
Loan Portfolio Quality – Breakdown 30 days PDLs 90 days PDLs 2Q-20 1Q-21 2Q-21 2Q-20 1Q-21 2Q-21 Commercial 3.7% 4.0% 4.0% 3.3% 3.4% 3.5% Consumer 4.0% 6.1% 6.2% 1.7% 3.0% 3.3% Mortgage 4.1% 4.5% 4.6% 2.4% 2.7% 2.6% Microcredit 13.3% 27.5% 32.2% 12.2% 19.2% 24.2% Total Loans 3.9% 4.7% 4.8% 2.7% 3.2%
Slide 12: Loan Relief Program Update - June 30, 2021
Loan Relief Program Update - June 30, 2021 Consolidated Colombia Central America 1 % Over Consolidated Total Loan Balance % Over Colombian Total Loan Balance % Over Central American Total Loan Balance Granted Active Granted Active Granted Active Commercial 36.5% 3.3% Commercial 27.0% 0.0% 51.3% Comm
Slide 13: Consolidated Funding
Consolidated Funding Figures in Ps. Trillions Total Funding Total Deposits YoY: 1.3%; Exc. FX: 1.4% YoY: 7.0%; Exc. FX: 7.1% QoQ: 1.3%; Exc. FX: 0.3% QoQ: 2.6%; Exc. FX: 1.5% 188.9 188.9 191.4 158.9 148.6 154.9 2Q-20 1Q-21 2Q-21 2Q-20 1Q-21 2Q-21 % 2Q-20 1Q-21 2Q-21 % 2Q-20 1Q-21 2Q-21 Deposits 78.6
Slide 14: Equity and Capital Adequacy
Equity and Capital Adequacy Figures in Ps. Trillions Attributable Equity + Minority Interest Tangible Common Equity YoY: 4.5% / QoQ: 5.6% YoY: 9.3% / QoQ: 7.7% 22.5 22.3 23.5 1.6 1.3 1.2 20.9 21.0 22.2 13.2 13.4 14.4 2Q-20 1Q-21 2Q-21 2Q-20 1Q-21 2Q-21 Total Equity Shareholders' Equity Non-controlli
Slide 15: Consolidated NIM
Consolidated NIM Figures in Ps. Billions Net Interest Income (Billions of COP) Growth Rate Excluding FX 2Q-20 1Q-21 2Q-21 YoY QoQ YoY QoQ Net Interest Income 2,098.8 2,026.6 2,105.6 0.3% 3.9% 2.8% 1.7% 5.6% 5.6% 6.0% 5.6% 4.9% 4.6% 3.5% 1.9% 0.0% 2Q-20 1Q-21 2Q-21 Net Interest Margin (1) Net Interes
Slide 16: Fees and Other Income
Fees and Other Income Figures in Ps. Billions Gross Fee income YoY: 18.6%; Exc. FX: 21.1% QoQ: -3.6%; Exc. FX: -5.4% Fee Income Ratio (1) 29.3% 34.2% 31.8% 1,263.7 1,218.7 2.1% 3.4% 2.2% 1,027.8 3.1% 2.2% 3.8% 25.0% 24.3% 25.3% 69.6% 70.4% 68.7% 2Q-20 1Q-21 2Q-21 Other Fiduciary activites Pension fe
Slide 17: Efficiency
Efficiency Figures in Ps. Billions Efficiency (Billions of COP) Growth Rate Exc. FX 2Q-20 1Q-21 2Q-21 YoY QoQ YoY QoQ Total Operating Expenses 1,864.7 1,801.5 1,867.3 0.1% 3.7% 2.6% 1.2% Total Income 3,510.3 3,650.7 3,751.2 6.9% 2.8% 9.3% 0.6% Cost to income (1) Cost to Assets (2) 53.1% 49.3% 49.8%
Slide 18: Profitability
Profitability Net Income attributable to controlling interest Figures in Ps. Billions 709.9 863.4 387.8 2Q-20 1Q-21 2Q-21 ROAA 1 1.4% 1.8% 0.9% 2Q-20 1Q-21 2Q-21 ROAE 2 13.5% 16.0% 7.5% 2Q-20 1Q-21 2Q-21 1. 2. ROAA for each quarter is calculated as annualized Net Income divided by average of total a
Slide 19: Banco de Bogotá
Banco de Bogota G
Banco de Bogotá — Credicorp Capital XIX Andean Conference 2021 on 6ix