Banco Davivienda SA · BVC:PFDAVVNDA
Banco Davivienda SA — Q4 2021 Earnings Presentation
29 slides from Banco Davivienda SA's earnings presentation, March 2022
Slide 1: Davivienda Corporate Presentation - 4Q21
Davivienda Corporate Presentation - 4Q21
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
Slide 3: Content
Content Pag Page e 1 About Davivienda 4 7 Digital Transformation and DaviPlata 12 2 Grupo Bolívar 5 8 Wealth Management 17 3 Ownership Structure 6 9 PDL, Coverage and Cost of Risk 18 Results of Our Sustainable 4 7 10 Capital Structure 20 Management 5 History 8 11 Key Ratios 21 6 Loan Portfolio and F
Slide 4: Banco Davivienda at a glance
Banco Davivienda at a glance Main Figures Loans: $ 13.2 Loans: $ 10.3 Customers: 7.7M Customers: 356k USD Billion Y/Y 2 Assets $ 38.4 11.9% 2 Gross Loans $ 29.8 11.2% Deposits $ 25.0 14.2% Equity $ 3.6 12.3% Net Profit1 $ 316.8 209.1% Loans: $ 6.3 Deposits: 221.2M Customers: 1.4M Customers: +13.8M M
Slide 5: Our main shareholder: Grupo Bolívar
Our main shareholder: Grupo Bolívar Among the most important conglomerates in Colombia. with over 80 years of experience. Consolidated figures USA (Miami) Honduras Assets USD 42 billion El Salvador Equity USD 4,5 billion Customers +19.8 million Colombia Costa Rica Employees +25 thousand Countries 6
Slide 6: Ownership Structure as of Dic. 2021
Ownership Structure as of Dic. 2021 COMMON SHARES TOTAL SHARES 76,1%² PREFERRED SHARES 100%¹ 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 Dece
Slide 7: Results of Our Sustainable Management
Results of Our Sustainable Management Sustainability Policy Main Results We enrich people's and planet's life thanks to the transformation power of our business 8.1% Y/Y models while ensuring our future existence with responsibility towards our USD 2.8 Bn Sustainable Portfolio 9.3% Gross Loans stake
Slide 8: 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 13.3% 2020 2019 2021 2015 16% 11.8% Market Share 1994 2016 by Assets(2) 3.8% 2018 2013 Assets 14.9% $38.4bn (1) 2012 Market Sh
Slide 9: A Diversified Loan Portfolio
A Diversified Loan Portfolio¹ USD Billion 2004 Dec. 2021 Y/Y Commercial 7.8% Consumer 11.5% $1.3 $29.8 Mortgage 17.4% Total 11.2% Y/Y Colombia COP 13.3% $1.3 $29.8 International USD 21.1% Colombia USD 11.4% 1. Consolidated Gross Loans Figures in USD Billion Exchange rate as of December 2021: COP/USD
Slide 10: A portfolio focused on strategic segments and products
A portfolio focused on strategic segments and products USD Billion Mortgage Loans Consumer Loans 2% Unsecured Personal Loans Leasing Payroll Social Housing $7.6 $8.7 Credit Cards Vehicle Residential Overdraft Commercial Loans $13.5 Figures in USD Billion. Exchange rate as of December 2021: COP/USD:
Slide 11: Stable and diversified funding sources
Stable and diversified funding sources USD Billion $32.8 Loans to Deposits 125.2% 130.7% 128.9% 122.3% 119.1% Loans to Funding Sources 92.9% 97.2% 95.9% 93.4% 90.8% International Issuances Portfolio Securitization4 Amount Yield to Coupon Maturity Price¹ Issued Maturity Senior Notes (Global COP) 369
Slide 12: Digital Transformation of our Business
Digital Transformation of our Business Digital Customers1 88% 90% 94% 76% 75% 37% CONS COL PN SV CR HN Credits Mortgage Employees and retirees Vehicle Balance transfer (unsecured and payroll) Consumer Loans (unsecured and payroll) Insurances Payment Methods Pets Vehicle* Credit card Bycicle Technolo
Slide 13: Digital Transformation Evolution
Digital Transformation Evolution Digital Sales1 Transactions by (% of Channel2 products) (% of monetary transactions) 1. Accumulated figures. 2. Accumulated monetary transactions. 3. Digital Deposits include: Mobile Savings Account, Digital Term Deposits and DaviPlata. Digital Loans include: Consume
Slide 14: DaviPlata, Our Digital Native Bank
DaviPlata, Our Digital Native Bank Transfer money¹ Pay bills Daviplata Customers Mobile Top-up airtime Receive Products remittances 13.8 Platform Withdraw money Insurances +500K +2.2M 11.6 Q/Q Y/Y 2.7 4.0 Shops: QR Payment Payment E-commerce: DaviPlata With products in the sector Method 4.1 + 1.8M e
Slide 15: DaviPlata, Our Digital Native Bank
DaviPlata, Our Digital Native Bank Outstanding Electronic Deposits Accumulated Transactional Income ($ Million USD) ($ Million USD) Active Customers (30 days) 43% CAC (12 months) ~$0.4 USD Rating Android & iOS 4.7 & 4.6 (Feb. 2022) Figures as of December 2021. *QR + API + eCard + PSE + Mobile top-up
Slide 16: Wealth Management
Wealth Management USD Billion AUM Evolution Y/Y -5.27% Investment Funds Securities brokerage, investment Funds and portfolios 1.09% Voluntary Pension Funds funds, research and investment banking services Assets under custody 4.05% Trust Funds -0.77% International Investments Market Share Mutual • Th
Slide 17: Credit Risk Management
Credit Risk Management Total PDL & Coverage1 PDL by Type1 Coverage by Type2 1. PDL: Loans by type / Gross Loans 1. Total >120: (Mortgage > 120 days + Commercial > 90 days + Consumer >90 days) / Gross Loans 2. Coverage: Asset Allowances / Loans > 90 days 17
Slide 18: Credit Risk Management
Credit Risk Management CoR1 - Provision Expenses 4Q21 Accumulated $ Q/Q $ Y/Y Provision 220 28.7% 882 -21.4% Expenses Loans by Stages Coverage by Stages 18 Figures in million USD. As of 4Q21 the average exchange rate depreciated 1.2% Q/Q and 1.4% Y/Y 1. Cost of Risk= Provision Expenses/Gross Loans 1
Slide 19: Capital Structure
Capital Structure Capital Adequacy Ratios Equity3 2.0% 11.50% 3.00% 1.50% 1.50% 3Q21 4Q21 1.00% CET1 4.50% 7% Leverage Ratio New minimum 3Q21 4Q21 BIII requirements + Buffers1 Common Equity Tier 1 (CET1) Systemic Buffer (CET1) Conservation Buffer (CET1) Additional Tier 1 (AT1) 1. Exchange rate as of
Slide 20: Key Ratios
Key Ratios 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 = Operating Expenses / (gross financial margin + Operating Income + other 20 NIM = Net Interest Income (12 month
Slide 21: A leading banking institution in Colombia
A leading banking institution in Colombia Customers¹ +18.3 Million Branches 512 ATMs 2.1 Thousand Banking correspondents +15 Thousand Employees 13.7 Thousand USD Billion December 2021 Y/Y Ranking Market Share Assets $ 29.5 10.1% 2 13.3% Gross Loans $ 21.5 11.2% 2 16.0% Commercial $ 9.9 4.4% 3 13.1%
Slide 22: Our operations in Central America
Our operations in Central America Honduras Total Central America¹ Millones de USD Dec. 21 Y/Y El Salvador Assets 9,726 4.8% Customers +1.4 million Gross Loans 6,299 4.4% Costa Rica Commercial 3,208 3.3% Branches 132 Consumer 1,671 6.1% ATMs 534 Panamá Mortgage 1,420 5.3% Employees +4.1 thousand Depo
Slide 23: Board of Directors and Corporate Governance Committees
Board of Directors and Corporate Governance Committees Audit Committee BoD Members 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 Javier Suarez. Chief Executive Officer ● Civil Engineer from Universidad de los Andes, with a Master’s degree in Finance and a Master’s degree in Actuarial Sciences from Georgia State University. ● Over 30 years of experience in the financial industry. Ricardo León. Execu
Slide 25: Macroeconomic Fundamentals Colombia
Aspectos Macroeconómicos Macroeconomic Colombia Fundamentals Colombia Gross Domestic Product (Y/Y) Fiscal Balance* * Year-to-date average Fuente: Ministry of Finance Source: National Administrative Department of Statistics (DANE). * National Government **Preliminary Exchange Rate and Oil Prices Mone
Slide 26: Macroeconomic Fundamentals CAM
Macroeconomic Fundamentals CAM Gross Domestic Product (Y/Y) Inflation (Y/Y) Exchange Rate Monetary Policy Rate 26 Source: Central Banks from Central America.
Slide 27: Consolidated Balance Sheet
Consolidated Balance Sheet Appendix 2 USD Million 4Q20 3Q21 4Q21 $ Q/Q Q/Q $ Y/Y Y/Y ASSETS Cash and interbank funds 3,003 3,196 3,883 688 21.5% 880 29.3% Investments 4,046 4,164 4,016 - 148 -3.6% - 30 -0.7% Net Loans 25,189 27,136 28,445 1,309 4.8% 3,257 12.9% Commercial 12,494 13,131 13,465 334 2.
Slide 28: Consolidated P&L
Consolidated Appendix 2 P&L Accumulated USD Million 4Q20 3Q21 4Q21 $ Q/Q Q/Q $ Y/Y Y/Y Dec 2020 Dec 2021 $ Y/Y Y/Y Total income 739 712 744 32 4.5% 6 1% 3,057 2,827 - 229.8 -7.5% Loans 677 678 711 33 4.9% 33 5% 2,809 2,716 - 92.7 -3.3% Commercial 242 235 165 - 70 -29.8% - 77 -32% 1,057 852 - 205.1 -
Slide 29: Investor Relations and Capital Management
Investor Relations and Capital Management ir@davivienda.com + (57 601) 220 3495 ir.davivienda.com Bogotá - Colombia