Banco Davivienda SA · BVC:PFDAVVNDA
Banco Davivienda SA — Q2 2019 Earnings Presentation
16 slides from Banco Davivienda SA's earnings presentation, August 2019
Slide 1: Consolidated Financial Results 2Q19
Consolidated Financial Results 2Q19
Slide 2: 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 3: Macroeconomic Aspects Colombia
Macroeconomic Aspects Colombia Economic Activity Indicator* Davivienda PMI Source: National Deparment of Statistics (DANE) - ISE. *Original series. Source: Banco Davivienda Exchange Rate and Oil Prices Sovereign Ratings Agency mar-19 jun-19 BBB- BBB- S&P Out. Stable Out. Stable BBB BBB Fitch Out. St
Slide 4: Macroeconomic Aspects Central America
Macroeconomic Aspects Central America Gross Domestic Product (Annual var) Inflation (Annual var) Exchange Rate Monetary Policy Rate Source: Central American Banks 4 Source: Bloomberg 4
Slide 5: Main Results 2Q19
Main Results 2Q19 $362 Billion Quarterly NIM 6.52% Q/Q: -8.0% Y/Y : 28.8% Net Q/Q: -3bps Y/Y: -4bps $755 Billion Accumulated Profit Efficiency 46.0% Y/Y: 2.7% Y/Y: -57 bps $ 91.3 Trillion Total: 11.91% Solvency Gross Y/Y: -77 bps and Tier I Tier I: 8.51% Loans Q/Q: 2.8% Y/Y: 11.8% Y/Y: -1bps Relevan
Slide 6: Digital Transformation - Products
Digital Transformation - Products Product Sales New Digital Offer (Figures in thousands of products) Investment Funds New Traditional Channels Digital Voluntary Pension funds New Channels 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 Digital Products Savings accounts Uns. Personal Loans Payroll Loans Credit Cards N
Slide 7: Digital Transformation - Channels
Digital Transformation - Channels Transactional mix1 (Monetary Transactions) Y/Y Nuevo Branches Evolution2 753 749 739 747 737 725 698 6M17 6M18 6M19 2013 2014 2015 2016 2017 2018 Jun. 19 Digital POS ATM Branch Other 1. Transactional composition of Colombia operation 2. Consolidated Branches (Colomb
Slide 8: Assets
Assets 2T19/1T19 2T19/2T18 Cash 7.5% 22.3% Investments net 11.7% 16.1% Gross loans 2.8% 11.8% Loan Loss reserves 6.9% 25.3% Others 3.3% 41.9% Assets 4.0% 14.1% Jun 18 Mar 19 Jun 19 Assets Jun. 18 Mar. 18 Jun. 19 2Q19/1Q19 2Q19/2Q18 Colombia 79.0 85.4 89.6 4.9% 13.4% COP 23.8 27.2 27.5 0.9% 15.7% Int
Slide 9: Gross Loans
Gross Loans 2Q19/1Q19 2Q19/2Q18 Mortgage 1.1% 12.8% Consumer 4.8% 12.9% Commercial 2.7% 10.8% Gross Loans 2.8% 11.8% Gross Loans Jun. 18 Mar 19 Jun. 19 2Q19/1Q19 2Q19/2Q18 Colombia 65.7 70.6 73.0 3.3% 11.0% COP 15.9 18.1 18.3 1.0% 14.9% International USD¹ 5.4 5.7 5.7 0.0% 5.0% Figures in billions of
Slide 10: PDL and Coverage (%)
PDL and Coverage (%) PDL1 > 90 days Portfolio 2Q18 1Q19 2Q19 Commercial 4.51% 4.76% 4.22% Consumer 2.60% 2.31% 2.35% Mortgage 3.81% 3.68% 4.02% Subtotal (90) 3.85% 3.87% 3.68% Mortgage2 (120) 2.92% 2.99% 3.17% Total3 (120) 3.64% 3.71% 3.48% Cost of Risk Ratio 2Q18 1Q19 2Q19 Total 2.53% 2.47% 2.46% C
Slide 11: Funding Sources
Funding Sources 2Q19/1Q19 2Q19/2Q18 Demand Deposits 1.0% 18.0% Term Deposits 5.4% 4.4% Bonds (1.5%) 11.6% Credits 3.0% 17.9% Funding Sources 2.4% 12.0% Gross Loans / Funding Sources 95.7% 95.1% 95.5% Funding Sources Jun. 18 Mar. 19 Jun. 19 2Q19/1Q19 2Q19/2Q18 Colombia 65.3 70.2 72.6 3.4% 11.1% COP 2
Slide 12: Capital Structure
Capital Structure Capital Adequacy Ratios Equity (COP Trillion) Minimum Required Jun. 19 Mar. 19 Jun. 19 Jun. 19 Mar. 19 Jun. 19 Jun.19/Jun. 18 11.3% Jun.19/Mar. 18 4.0% 12 12
Slide 13: Financial Margin, Net
Financial Margin, Net QUARTER ACCUMULATED Ratio Jun.18 Mar.19 Jun.19 NIM 1 6.56% 6.56% 6.52% Cost of 2.53% 2.47% 2.46% Risk 2 2Q18 1Q19 2Q19 Jun 18 Jun 19 2Q19 2Q19/1Q19 2Q19/2Q18 Jun.19 Jun.19/Jun.18 $ % % $ % 2,371 (0.5) 8.3 Loan Income 4,753 7.6 240 (9.7) 49.0 Investment Income, Interbank 505 50.
Slide 14: Expenses
Expenses QUARTER ACCUMULATED Jun. 18 Mar.19 Jun.19 Cost-to-income 2 46.6% 46.5% 46.0% 2Q18 1Q19 2Q19 Jun 18 Jun 19 2Q19 2Q19/1Q19 2Q19/2Q18 Jun. 19 Jun. 19/Jun.18 $ % % $ % 375 (0.9) (5.6) Personnel Expenses 754 1.2 351 8.6 (2.1) Operating Expenses 674 (1.1) 166 (0.3) 38.0 Other Expenses1 331 39.1 8
Slide 15: Net Income
Net Income QUARTER ACCUMULATED Jun. 18 Mar.19 Jun.19 ROAE1 13.0% 12.2% 12.6% ROAA2 1.4% 1.3% 1.3% 2Q18 1Q19 2Q19 Jun 18 Jun 19 2Q19 2Q19/1Q19 2Q19/2Q18 Jun.19 Jun.19/Jun.18 $ % % $ % 996 (10.8) 9.3 Financial Margin, Net 2,112 7.6 356 11.3 6.0 Operating Income 676 3.5 892 2.8 1.8 Operating Expenses 1
Slide 16: Investor Relations and Capital Management
Investor Relations and Capital Management ir@davivienda.com + (57 1) 220 3495 www.davivienda.com Bogotá - Colombia