Banco Davivienda SA · BVC:PFDAVVNDA
Banco Davivienda SA — Q1 2017 Earnings Presentation
20 slides from Banco Davivienda SA's earnings presentation, 2017
Slide 1: & DAVIVIENDN
& DAVIVIENDN
Slide 2: Earnings Presentation 1Q17 Consolidated Results
Earnings Presentation 1Q17 Consolidated Results
Slide 3: The examples given shouldn’t be taken as a guarantee for future projections and it
The information presented here is exclusively for informative and illustrative purposes. 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 int
Slide 4: Content
Content First Quarter Highlights First Quarter 2017 Financial Results
Slide 5: First Quarter Highlights
FIRST QUARTER HIGHLIGHTS
Slide 6: Macroeconomics
First Quarter Highlights Macroeconomics 6
Slide 7: Main Results
First Quarter Highlights Main Results Solvency Tier I improved 100 b.p compared to 1Q16 and 165 b.p when compared to 4Q16. Total NPL4 ratio closed at 2.38%, 47 b.p. above the close ot 2016. Cost of Risk decreased 30 p.b. when compared to the same quarter last year, closing at 1,74%. Profitability Ba
Slide 8: Net Income
First Quarter Highlights Net Income (COP billion) (en miles de millones de pesos) Q/Q Y/Y Reported Net Income (39%) (23%) Excluding non recurrent income 43% (14%) 8
Slide 9: Daviplata Key
First Quarter Highlights Daviplata Key (en miles de millones de pesos) Davivienda, the first bank around the world to launch a keyboard that enables transactions on social networks. Clients in DaviPlata: 3,3 millions App Downloads: 605 thousand Keyboard + App: 184 thousand 9
Slide 10: Other Highlights
First Quarter Highlights Other Highlights On January 2017 a Diversified Payment Rights (DPR) was issued for USD $150 million. On March, the Bank securitized mortgage loans by COP $206 billion. In the same month the Bank issued subordinated bonds by COP $399 billion. On April 2017 we issued Green Bon
Slide 11: Content
Content First Quarter Highlights First Quarter 2017 Financial Results
Slide 12: Assets
Consolidated Assets (COP Trillion) 1Q17 / 4Q16 1Q17 / 1Q16 Cash 11.0% 2.3% Investments, net 3.1% 7.0% Loans, net 0.4% 11.4% Other assets 0.4% (0.6%) Assets (1) 1.6% 9.3% Assets Mar. 16 Dec. 16 Mar. 17 1Q17 / 4Q16 1Q17 / 1Q16 Colombia 65.5 72.0 73.3 1.8% 12.0% Internacional COP 22.6 22.7 22.6 (0.2%)
Slide 13: Gross Loans
Consolidated Gross Loans (COP Trillion) (en billones de pesos) 1Q17 / 4Q16 1Q17 / 1Q16 Mortgage 1.8% 13.6% Consumer 2.3% 16.8% Commercial (1) (0.5%) 7.0% Gross Loans 0.7% 10.9% Gross Loans Mar. 16 Dec. 16 Mar. 17 1Q17 / 4Q16 1Q17 / 1Q16 Colombia 51.5 57.4 58.4 1.8% 13.4% International COP 14.7 15.5
Slide 14: Quality and Coverage (%)
Consolidated Quality and Coverage (%) NPL1 > 90 days 1Q16 4Q16 1Q17 Commercial2 1.59% 1.36% 2.22% Consumer 2.39% 2.58% 2.60% Mortgage 2.15% 2.51% 2.50% Total 1.91% 1.93% 2.38% Coverage 3 Total Reserves4 Coverage 1Q16 4Q16 1Q17 1Q16 4Q16 1Q17 Commercial2 190.6% 137.5% 105.5% Commercial2 238.7% 237.5%
Slide 15: Funding Sources
Consolidated Funding Sources (COP Trillion) (en billones de pesos) 1Q17 / 4Q16 1Q17 / 1Q16 Demand Deposits 1.4% 4.0% Term Deposits 5.7% 20.0% Bonds 1.0% 9.0% Credits (7.1%) (4.3%) Funding Sources 1.8% 8.6% Net Loans / Funding Sources 87.6% 91.2% 89.9% Funding Sources Mar. 16 Dec. 16 Mar. 17 1Q17 / 4
Slide 16: Capital Structure
Consolidated Capital Structure Solvency Equity (COP trillion) Y/Y: 15.2% Q/Q: 7.2% Tier I Tier II Minimum Requirement 16
Slide 17: Financial Margin, Net
Consolidated Financial Margin, Net (COP Billion) (en miles de millones de pesos) QUARTER 1Q17 1Q17 / 4Q16 1Q17 / 1Q16 $ (%) (%) Loan Income 2,179 7.8 14.5 Investment Income, Interbank 185 23.5 (13.6) Financial Income 2,364 8.9 11.7 Financial Expenses (1,011) (2.4) 28.8 Allowances (486) 162.6 9.2 Fin
Slide 18: Expenses
Consolidated Expenses (COP Billion) (en miles de millones de pesos) QUARTER 1Q17 1Q17/4Q16 1Q17/1Q16 $ (%) (%) Personnel Expenses 322 (8.2) 3.9 Operating Expenses 313 (20.1) 15.1 Other Expenses(2) 105 (13.1) 9.0 Total Expenses 740 (14.3) 9.1 Expenses 1Q16 4Q16 1Q17 1Q17 / 4Q16 1Q17 / 1Q16 Colombia 4
Slide 19: Net Income
Consolidated Net Income (COP Billion) (en miles de millones de pesos) QUARTER Dec. 16 Mar. 17 ROAE(1) 15.4% 17.0% ROAA(2) 1.58% 1.77% 1Q17 1Q17/4Q16 1Q17/1Q16 $ % % Financial Margin, net 867 (8,8) (2,3) Operative Income 289 15,2 (8,0) Operating Expenses (740) (14,3) 9,1 FX changes, Derivates and Oth
Slide 20: Thank You!
Thank You! atencionainversionistas@davivienda.com +57 1 2203495