Banco Davivienda SA · BVC:PFDAVVNDA
Banco Davivienda SA — Q1 2019 Earnings Presentation
17 slides from Banco Davivienda SA's earnings presentation, May 2019
Slide 1: Consolidated Financial Results 1Q19
Consolidated Financial Results 1Q19
Slide 2: Disclaimer
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 GDP (Y/Y %) Davivienda Consumer Confidence* Source: DANE (National Department of Statistics) * ¿Your level of confidence in the economy has increased, remained the same or decrease?. Source: Banco Davivienda Exchange Rate and Oil Price Imports of capital goods (USD Mil
Slide 4: Macroeconomic Aspects Central America
Macroeconomic Aspects Central America GDP (Y/Y %) Inflation (Y/Y) Exchange Rate Monetary Policy Rate Honduras Costa Rica Source: Central American Banks 4 4Source: Bloomberg
Slide 5: Main Results 1Q19
Main Results 1Q19 $393 Billion Quarterly NIM 6.56% Net Q/Q: +7bps Y/Y: +5bps Profit Q/Q: 5.0% Y/Y : -13.4% Efficiency 46.5% Y/Y: +30bps $88.7 Trillion Total: 12.12% Capital Gross Q/Q: 19bps Adequacy Tier I: 8.72% Loans Q/Q: 1.1% Y/Y: 13.2% Ratios Q/Q: 74bps Relevant Facts General Shareholder´s Meeti
Slide 6: Transforming Ourselves…
Transforming Ourselves… Transforming our channels for a Digital World Transforming Human Talent for the Digital Era Building New Ecosystems with Allies Transforming into a Data-Driven Organization USD $300 Million in Digital and Technological Transformation Initiatives (2019-2021) 6
Slide 7: Digital Transformation
Digital Transformation Digital Customers1 Sales Mix (by number of products) Traditional 70% 6.8 1% 5.5 24% 27% Channels Use our Digital 1Q19 Channels 1Q18 Mar. 18 Mar. 19 73% 99% Digital Channels Digital Products Unsecured Personal Mobile Loans2 Unsecured Personal Mobile Loan Cash Advance NEW $1 Tri
Slide 8: Strategic Alliance
Strategic Alliance Financial Support, Security, Trust and Digital agility, user acquisition and Risk Control Systems recurring transactions 8 8
Slide 9: Assets
Assets 1Q19/4Q18 1Q19/1Q18 Cash -0.4% 17.7% Investments, net -7.5% 1.7% Gross Loans 1.1% 13.2% Loan Loss Reserves 6.0% 23.8% Others 23.8% 33.8% Assets 0.9% 13.0% Mar. 18 Dec. 18 Mar. 19 Assets Mar. 18 Dec. 18 Mar. 19 1Q19/4Q18 1Q19/1Q18 Colombia 77.3 84.4 85.4 1.1% 10.5% COP 22.5 27.2 27.2 0.3% 21.2
Slide 10: Gross Loans
Gross Loans 1Q19/4Q18 1Q19/1Q18 Mortgage 2.2% 17.0% Consumer 1.3% 10.5% Commercial 0.4% 12.9% Gross Loans 1.1% 13.2% Mar. 18 Dec. 18 Mar. 19 Gross Loans Mar. 18 Dec. 18 Mar. 19 1Q19/4Q18 1Q19/1Q18 Colombia 63.4 69.6 70.6 1.5% 11.4% COP 15.0 18.2 18.1 -0.6% 21.1% International USD¹ 5.4 5.6 5.7 1.8% 6
Slide 11: PDL and Coverage
PDL and Coverage PDL1 > 90 days Portfolio 1Q18 4Q18 1Q19 Commercial 3.34% 4.62% 4.76% Consumer 2.76% 2.55% 2.31% Mortgage 3.59% 3.92% 3.68% Subtotal (90) 3.25% 3.93% 3.87% Mortgage2 (120) 2.70% 3.03% 2.99% Total3 (120) 3.04% 3.72% 3.71% Cost of Risk Ratio 1Q18 4Q18 1Q19 Total 2.49% 2.36% 2.47% Cover
Slide 12: Funding Sources
Funding Sources 1Q19/4Q18 1Q19/1Q18 Demand Deposits 4.8% 15.5% Term Deposits 4.3% 5.4% Bonds 6.1% 15.2% Credits -6.1% 19.3% Funding Sources 3.2% 12.2% Mar. 18 Dec. 18 Mar. 19 Gross Loans / Funding Sources 94.2% 97.2% 95.1% Funding Sources Mar. 18 Dec. 18 Mar. 19 1Q19/4Q18 1Q19/1Q18 Colombia 64.2 67.
Slide 13: Capital Structure
Capital Structure Capital Adequacy Ratios Equity (COP Trillion) Minimum Required Mar. 18 Dec. 18 Mar. 19 Mar. 18 Dec. 18 Mar. 19 Mar. 19 / Mar. 18: 10.6% Mar. 19 / Dec. 18: (0.1%) 13 13
Slide 14: Financial Margin, Net
Financial Margin, Net 1Q19 1Q19/4Q18 1Q19/1Q18 QUARTER $ % % Loan Income 2,382 4.9 6.8 Investment Income + Interbank 265 60.7 51.7 Financial Income 2,647 8.7 10.1 Financial Expenses -949 4.2 6.7 Financial Margin, Gross 1,698 11.4 12.1 Provision Expenses -582 13.4 25.4 Financial Margin, Net 1,116 10.
Slide 15: Expenses
Expenses QUARTER 1Q19 1Q19/4Q18 1Q19/1Q18 $ % % Personnel Expenses 379 8.3 9.0 Operating Expenses 323 -24.5 0.0 Other Expenses1 166 17.7 40.1 Total Expenses 868 -5.6 10.0 1Q18 4Q18 1Q19 Expenses Mar. 18 Dec. 18 Mar. 19 1Q19/4Q18 1Q19/1Q18 Mar.18 Dec.18 Mar.19 Efficiency2 46.2% 46.5% 46.5% Colombia 6
Slide 16: Net Income
Net Income 1Q19 1Q19/4Q18 1Q19/1Q18 $ % % QUARTER Financial Margin, Net 1,116 10.4 6.2 Operating Income 320 -2.0 0.8 Operating Expenses 868 -5.6 10.0 FX Changes, Derivatives and -23 100 100 Others Income before tax 545 16.8 -5.9 Taxes 152 64.8 21.7 Net Income(3) 393 5.0 -13.4 1Q18 4Q18 1Q19 Net Inco
Slide 17: Investor Relations and Capital Management
Investor Relations and Capital Management ir@davivienda.com + (57 1) 220 3495 www.davivienda.com Bogotá - Colombia