Grupo Supervielle Sa Class B · BCBA:SUPV
Grupo Supervielle Sa Class B — Q3 2018 Earnings Presentation
20 slides from Grupo Supervielle Sa Class B's earnings presentation, Nov 16, 2018
Slide 1: Grupo Supervielle 3Q18 Earnings Conference Call
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Slide 2: Disclaimer
COMPANY PRESENTATION j Disclaimer This presentation contains certain forward-looking statements that reflect the current views and/or expectations of Grupo Supervielle and its management with respect to its performance, business and future events. We use words such as “believe,” “anticipate,” “plan,
Slide 3: Third quarter 2018 highlights
COMPANY PRESENTATION QV QQQe GRUPO a Third quarter 2018 highlights SUPERVIELLE Solid results despite challenging macro environment Attributable Comprehensive Income up 55.9% YoY and 84% QoQ to AR$874.5 million, taking into account increasing NPL coverage to 94%. ROAE of 22.4% in 3Q18, up from 20.7%
Slide 4: Macro dynamics in 3Q18
COMPANY PRESENTATION GRUPO - SUPERVIELLE I Macro dynamics in 3Q18 Further currency depreciation, although stabilizing following implementation of new Monetary Policy framework my (AR$/US$) i] r +42% 1 ‘lcnweut New Monetary Policy framework Jun29 jul6 jull6 jul24 jul31 Aug7 Aug13 Aug 23 Aug 24 Aug 31
Slide 5: Macro dynamics in 3Q18: inflation and monetary policy
COMPANY PRESENTATION nuPo Macro dynamics in 3Q18 SUPERVIELLE Increasingly challenging macro dynamics. High monthly inflation following sharp currency depreciation. additional rate hikes and 1,300 bps increase in minimum reserve requirements | INFLATION [%] | Next 12M avg. inflation expectation [% ]
Slide 6: 14.1% 10.0% 9.5% 14.2% 28.4% 36.2% 19.6% (1.5)%
14.1% 10.0% 9.5% 14.2% 28.4% 36.2% 19.6% (1.5)% 6
Slide 7: 146,123 146,123 120,789 120,789 92,202 96,570 81,558 96,570 92,202 81,558 7
146,123 146,123 120,789 120,789 92,202 96,570 81,558 96,570 92,202 81,558 7
Slide 8: 83,378 75,830 66,480 60,693 53,154 ´
83,378 75,830 66,480 60,693 53,154 ´ 8
Slide 9: Supervielle loan performance
COMPANY PRESENTATION Supervielle loan performance a Higher share of corporate segment loans mainly reflect the FX hike at quarter end; SUPERVIELLE | sequential decrease in consumer finance loans following risk management initiatives | | TOTAL LOAN PORTFOLIO BREAKDOWN BY SEGMENT Loans & Leasing Portf
Slide 10: Supervielle deposits
Supervielle deposits GRUPO a SUPERVIELLE Accelerated growth in deposit base, up 28% sequentially, while AR$ denominated deposits grew by 21% BBP Deposits cars Mill 106.0% Dec 17 Mar 18 Jun 18 GBB 002 Variation Sep 17 Sep 18 ™ Deposits [112.7%] 107.6%) [119.7%] fi00.296) [85.8%] Loans to total deposi
Slide 11: Funding & deposit base
GRUPO a j Funding & deposit base SUPERVIELLE Expanded sight wholesale deposits to fund investment in high-margin 7-days Central Bank securities BBP enone cars mii Bp ePosits BREAKDOWN SEPTEMBER 2018 81.4% ; O5% Special 2 Checking Other Time 24.0% | 140, 307 | Accounts Deposits 6.5% a, Non interest B
Slide 12: Net Financial Income, NIM & NFM
COMPANY PRESENTATION Net Financial Income, NIM & NFM Net Financial Income (NII, NIFFI & Exchange rate differences) up 21% sequentially with NIM improving by 170 bps and NFM by 80 bps | AS Financial Income [AR$ Mill. ] | NIM 3,623.6 3; an. 0 3Q17 4Q17 1Q18 2Q18 3Q18 NII mNIFFI & Exchange rate differe
Slide 13: Service fee income & income from insurance activities
Service fee income & income from insurance activities GRUPO a SUPERVIELLE Net service fee income up 2.2% QoQ; pick-up in income from insurance activity BBP \c7 SERVICE FEE INCOME? CARS Mill. 3Q17 4Q17 1Q18 2Q18 3Q18 9M17_— 9M18 BBP \e7 SERVICE FEE INCOME RATIO[%1" 252 228 293 243 og | 267 226 > . 3Q
Slide 14: Credit card, personal loans and retail NPL and delinquency
Credit Card Loans NPL Credit Card Loans Delinquency +90 Personal Loans NPL Personal Loans Delinquency +90 Retail Segment NPL Retail Segment Delinquency 14
Slide 15: Asset quality consumer finance
] Asset quality consumer finance GRUPO a SUPERVIELLE NPL creation decreased sharply in 3Q18 and 3 month vintage data improved, reflecting that tighter credit scorings are turning in good results BBP «30 DAYS DELINQUENCY, 3 MONTH VINTAGE JanV7 43% 4.8% Feb 17 55% 53% Mar 17 43% 5.3% Apr 17 3.8% 47% M
Slide 16: Efficiency
*Efficiency: Personnel, Administrative expenses and Depreciation & Amortization divided by the sum of Net interest income + Net income from financial instruments at fair value through profit or loss + Exchange rate differences on gold and foreign currency, net services fee income, income from insura
Slide 17: Profitability
GRUPO a Profitability SUPERVIELLE Net income up 56% YoY and 220% QoQ. Attributable comprehensive income up 56% YoY and 84% QoQ. ATTRIBUTABLE COMPREHENSIVE INCOME nexeeeed) soit etalhaye wey CAR$ Mill.] * Higher net financial income driven by investments in high margin Central Bank securities and loa
Slide 18: Capitalization
GRUPO a SUPERVIELLE Capitalization 2018 capital ratios impacted by high increase in RWA following FX hike BBD PITAL DEPLOYMENT [Tier | ratio %1 - 0,4 03 -0,7 17,2 — —_ 58 13, Consolidated — Consolidated Consolidated pro Capital LoanGrowth Fx Impact on Consolidated pro proforma as proformaas formaaso
Slide 19: Supervielle 2018 guidance
COMPANY PRESENTATION Supervielle 2018 guidance rent | Maintain 2018 guidance in challenging economic backdrop FY 8 EXPE TIO Guidance (1) 40 -50 % _—=) 18 - 20% | GDP -0.3% -24% | | Continuous Change in Macro Assumptions? Guidance Assumptions Metric Inflation 31.8% 475% Badlar Rate (eop) 29%3 46% AR$
Slide 20: Grupo Supervielle
GRUPO | a SUPERVIELLE