Banco Santander (brasil) S.a. · BMFBOVESPA:SANB3
Banco Santander (brasil) — H1 2012 Earnings Presentation
32 slides from Banco Santander (brasil)'s earnings presentation, Jul 26, 2012
Slide 1: Banco Santander (Brasil) S.A. 1H12 BR GAAP Results
Banco Santander (Brasil) S.A. 1H12 BR GAAP Results July 26, 2012 @& Santander
Slide 2: Disclaimer
DISCLAIMER ‘This presentation may contain certain fowaré-ooking statemenss and inlrmaton relating to Banco Santander (Bras) SA. Santander Brac) and is subsites tat rect he Curent vews andlor expectations of Santander Braz and ts management weh respect tos perfomance, business and future events. Forw
Slide 3: Table of Contents: Macroeconomic Scenario
TABLE OF CONTENTS Macroeconomic Scenario
Slide 4: Macroeconomic Scenario
MACROECONOMIC SCENARIO ’ GDP (Y-0-Y growth %) Interest Rate ~ Selic (%) 75 13.75 10.75 11.00 875 7.50 8.50 2008 2009 2010 2011 | 2012e 2013 Inflation (IPCA 9%) Exchange Rate (RS / USS)
Slide 5: Table of Contents: Highlights 1H12
TABLE OF CONTENTS (Highlights — 1H12
Slide 6: Highlights — 1H12 vs. 1H11
HIGHLIGHTS — 1H12 vs. 1H11 CNet profit decreases 4% QLLoan portfolio grows 17% OTotal revenues’ increase 19% O Costs control Olncrease of gross allowance for loan losses CiBalance Sheet strength
Slide 7: Table of Contents: Results 1H12
TABLE OF CONTENTS { Results — 1H12
Slide 8: Net Profit: Reduction of 4.3% in 6 months
RESULTS ° NET PROFIT": Reduction of 4.3% in 12 months ° RSM 56% | 55% > amb 3,230 1,766 1,641 4,552 1,818 776 2a 3Q11 4Qit— 1Q12_—-2a12 qHI1 1H12 "Accounting Net Profit “Goodwill nReae 1.63 | 1.73 | 1.73 1.86 | 1.54 1.78 | 1.70
Slide 9: Managerial Profit (R$ million) 1H12 1H11
RESULTS * [Managerial Profit! (ns miion) 1H121HIt YoY QoQ Net Interest Income 16,456 13,552 21.4% 37% Allowance for Loan Losses (6,899) (4,692) 47.0% 23.2% Fee and Commission Income 4,843 4,376 10.7% 42% General Expenses? (7,686) (6,947) 10.6% 0.9% Tax Expenses (1,574) (1,398) 125% = 4.0% Other Oper
Slide 10: Net Interest Income
RESULTS NET INTEREST INCOME ? Net Interest Income Breakdown! RSMM 2a 3a 4Qtt 1012-2012 WCredit lm Deposits i Others* Nil with Clients and Interest Rates Interest Rate (Quarter average) ~Selic zai 3ait gait = 1012-2012 MI% aR SK aK ae 12 19% 124% «= 124% 4TH o—_»__o_—__+—_ p Credit Spread (%) 10% 0.9
Slide 11: Net Interest Income - Loan Portfolio
RESULTS FEY NET INTEREST INCOME- Loan Portfolio ? Expanded Credit Segment Breakdown* RS Billion ; . YY QoQ Pas {soa za 2a Yay G09 28% > individuals e361 60438 130% 35% 185-200-209 211217 ConsumerFinance 36,682 30,785 192% 08% sMes 33603 27,208 235% 16% Corporste 65516 57413 159% 50% 201311 4a 1012.
Slide 12: Allowance for Loan Losses - Credit Indicators
RESULTS " ALLOWANCE FOR LOAN LOSSES - Credit Indicators ° NPL Over 60 days! NPL Over 90 days? , . 6.0% s 49% re ae eam ra 3.4% 2.6% 29% 29% 29% 2 32% 25% 73% 24% 24% «28% zai 3a11 4ait 1012-2012 zat 3Qlt 4ait 1012-2012 Corporate weIndividuals a=Tetal — — -Normalized by the portfolio sale
Slide 13: Allowance for Loan Losses
RESULTS ALLOWANCE FOR LOAN LOSSES. 4.4% 47% 47% 5.0% 5.4% +" BE Vor. 3,808 (49.8 23.2%) 3,091 2,551 2,489 2,277 + aca (648) n na) (ots) 2Q11 3a11 4a 1Q12 2Q12 Gross Allowance for Loan Losses Income from recovery of written off loans —S cresit Cost! 1 eat Cot Taste more amused sowance x oan Lote Tee
Slide 14: Fees and Commission Income
RESULTS FEES AND COMMISSION INCOME ° Total! Breakdown of Fee and Commi § Million awe matt 6.4% $ I — Lending Operations 582462, Current Account ——«783-—«« 725 «8.0%-0.7% 2319 2473 2370 Insurance 791 843 6.2% -28.0% 2,234 2,255 Collection Services? 352 282 20.3% 5.5% Cards 1315 973 35.1% 3.5% Asset M
Slide 15: General Expenses
RESULTS GENERAL EXPENSES ° General Expenses Breakdown of Expenses [Gad Depreciation and Amortization? 35 Wilon ° RS wilion wm YOY G00 | [103% | > pam Le Administrative 3,287 3,040 8.1% 05% Personnel" 3,603 3,275 10.0% -25% ‘Subtotal 6,889 6315 9.1% -1.1% Depreciation and 797 633 26.0% 0.8% Amortizat
Slide 16: Ratios
RATIOS Efficiency Ratio’ (%) Recurrence? (%) 46.6% 43, 46.2% 44% 64.1% G1 9% 63.0% 63.0% iivia (iti 2ai1 1012 2012) tH 1HIZ 2ai1 1012 20120 THI IHIZ ROAA? (%) ROAE? (%) 16% 1.8% i 13.6% 14.2% i say Le 1.6% / i s15% 143% 1.0% 211 1012 2012) HIT IHI2 art 1012 2012 1HIT IHIZ pers ‘Byers. 3. et and Oonm
Slide 17: Assets and Equity
ASSETS AND EQUITY " ° Assets! — R$ Billion Equity'— RS Billion I 3.6% > ; 115% 406 400 421 a 458 504 2011 1012 2012 2an 1012 2012
Slide 18: Ratios
RATIOS * Coverage Ratio over 90 days! BIS Ratio? 143.0% 134.5% 137.7% 27.2% 2ait 1012 2012 2a 1012 2012 iter! Tier er rear ae en tae et ae aes alee aad ea peahz cask beers. @ Santander
Slide 19: Funding
FUNDING J Cessition 2a12 2011 12M% —om% | Demand Deposits + Savings Deposits 367 | 444 | 17% | 3% ‘Time Deposits + Debentures" 1226 113.9 | 8% | 4% Treasury Notes (Letras Financeiras) 272 149 | 83% | 6% Funding From Clients (A) 186.5 173.1 8% 1% () Reserve Requirements, (39.2) (44.3) -11% 7% Borrowi
Slide 20: Table of Contents: Final Remarks
TABLE OF CONTENTS Final Remarks
Slide 21: Final Remarks — 1H12 vs. 1H11
FINAL REMARKS — 1H12 vs. 1H11 CNet profit decreases 4% Loan portfolio and funding growth = Loan Portfolio grows 17% = Funding from clients grow 8% OG Revenues’ growth = Total revenues! grow 19% «Efficiency ratio presents 3.5 p.p. of improvement O Costs control QhHigher allowance for loan losses "NPL
Slide 22: Table of Contents: Annexes
TABLE OF CONTENTS { Annexes }
Slide 23: Annexes — BR GAAP
Annexes — BR GAAP
Slide 24: Managerial — Accumulated (R$ million)
RESULTS Managerial’ — Accumulated (Rs million) NET INTEREST INCOME 16456 13,552 «2,904 21.4% Allowance for Loan Losses (6899) __(4,692)__ (2,206) __ 47.0% NET INTEREST INCOME AFTER LOAN LOSSES 9,558 8,860 698 7.9% Fee and Commission Income 4,843 4,376 467 10.7% General Expenses (7,686) __ (6,947) (7
Slide 25: Managerial — Quarterly (R$ million)
RESULTS “ Managerial’ — Quarterly (Rs million) 2Q11 3Q11 aqui 1012 2012 74s 7378 20778 (1s) __ (05)
Slide 26: Balance Sheet: Assets
BALANCE SHEET “ Assets (R$ million) [Assets 152,762 188,389 197,062" 199,333 205,632 01423) 722870) 8) — (6981) __ (7,856) ___ (7,401), 426,656 435,900 423,726 415,630 435,349 ‘Total Assets (excluding goodwill) 405,798 418,550 __407,151__—_~399,965 420,593
Slide 27: Balance Sheet: Liabilities and Equity
a BALANCE SHEET Liabilities and Equity (R$ million) Liabilities and Equit Dec Mar-12 tu ~ 368,730 _ 121,819 11,989 2 65473 435,900,
Slide 28: Balance Sheet: Loan Portfolio by Product
BALANCE SHEET Loan Portfolio by Product’ (ies mation 2012 2Q11 Var. YoY 1Q12__ Var. QoQ Individuals Leasing / Auto Loane (*) 2,382 2,352 1.2% 2.26 249% Credit cara eas 11707 25.05 13788 61% Payroll Loans* 15383 18.887 35% ass6 12% Mortgage woz 7,587 339% 9sie 75% ‘Agricultural Loans 2,295 2,560 103%
Slide 29: IFRS vs. BR GAAP: Reconciliation
RESULTS IFRS vs. BR GAAP: Reconciliation R$ Million 1H12 1H11 NET PROFIT - BR GAAP 1,412 1,824 Reversal of Goodwill Amortization 1,818 1,552 MANAGERIAL NET PROFIT - BR GAAP 3,230 3,376 Impairment on Loans and Receivables (26) a Others (22) 737 NET PROFIT - IFRS 3,182 4,154 ° Santander
Slide 30: Santander Acquiring
SANTANDER ACQUIRING In 1H12: O We have already achieved the target for 2012: reaching over 324 thousand merchants (108% of goal for2012) O Market share of 3.52% in jun/12 (1.74% in jun/11). Target: 10% by 2013 Santander Acquiring 2011 a2 = “Transactions (MM) v6 ve8S regen [mg || com:
Slide 31: Allowance for Loan Losses - Credit Indicators
RESULTS . ALLOWANCE FOR LOAN LOSSES - Credit Indicators NPL from 15 to 90 days! 73% TAY 70% 2. _ asx? ‘ 48% 54% ate 32% eras 28% 2a 3011 4Qit 1012-2012 eComorate weindividuals a-Total
Slide 32: Signature
SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereto duly authorized. Date: July 26, 2012 Banco Santander (Brasil) S.A. By: / S / Amancio Acurcio Gouveia Amancio Acurcio Gouvei
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