Banco Davivienda SA · BVC:PFDAVVNDA
Banco Davivienda SA — Q2 2020 Earnings Presentation
22 slides from Banco Davivienda SA's earnings presentation, Jul 1, 2021
Slide 1: Consolidated Financial Results 2Q20
Consolidated Financial Results 2Q20
Slide 2: Opción título o tema
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. Both the financial assessments and forecasts presented herein are based on information and calculations carried o
Slide 3: Main Results 2Q20
Main Results 2Q20 Accumulated Quarter NIM 6.29% $ 346.2 Bn | $ 121.6 Bn Net Y/Y: -54.2% | Y/Y: -66.4% Y/Y: -23bps Q/Q: 1bps Profit Cost-to- ROAE: 8.6% 47.3% Y/Y:-404bps Q/Q:-217bps Income Y/Y: 128bps Q/Q: 75bps Capital Total: 11.0% Gross $ 109.5 Trillion Y/Y: -91 bps Q/Q: -29bps Adequacy Loans Y/Y: 2
Slide 4: Sustainable Strategy
Sustainable Strategy Environmental Economic COP 1.49 Trillion Energy Efficiency Sustainable Construction Green Financing Renewable Energies Climate Change Adaptation Customers Eco - Vehicle Consolidated +16 M Var. Y/Y 39.8% Market and Liquidity SUSTAINABILITY 1.55x Liquidity Coverage Ratio Social Cred
Slide 5: DaviPlata Continues to Evolve...
DaviPlata Continues to Evolve... DaviPlata Customer Evolution* Individuals and Families +10 million 29% Part. New Customers in Colombia Adult Population Ecosystems +10 +5.3 million Dispersed Subsidies Market Leader 2 83% share in Colombia El Salvador 47.1 million 1 159% Y/Y. “La Casita Roja” Monetar
Slide 6: Measures to address the current situation
Measures to address the current situation Loan Deferrals in COL ‘Unidos por Colombia’ Program National Guarantee Fund 813 K Benefited +24.4 Tn Outstanding 24.2 Tn 880 Bn Customers Amount Total Program Davivienda’s Disbursements 16% Deferred portion in each portfolio Working Capital Disbursements Payr
Slide 7: Business Continuity Evolution
Business Continuity Evolution Our response to current challenging times Adaptation and Response 100% 52% 2x 81% Operational Staff Capacity Branches Digital Channels Working remotely Increased attention Operating in flexible through the Call Center schedules Transactional Figures Transactional Figures
Slide 8: Macroeconomic Fundamentals Colombia
Macroeconomic Fundamentals Colombia Monthly Economic Activity Index (Y/Y) Exchange Rate and Oil Prices Source: National Administrative Department of Statistics(DANE) Source: Financial Superintendence of Colombia and FED St. Louis FRED. Monetary Policy Rate and Inflation Sovereign Risk Rating Rating L
Slide 9: Macroeconomic Fundamentals Central America
Macroeconomic Fundamentals Central America GDP (Y/Y) Inflation (Y/Y) Exchange Rate Monetary Policy Rate Source: Central Banks. 9
Slide 10: Balance Sheet - Assets
Activo Balance Sheet - Assets 2Q20/1Q20 2Q20/2Q19 Cash 7.9% 28.4% Net Investments 14.5% 35.8% Gross loans 0.1% 20.0% Loan Loss reserves 9.6% 20.3% Others -2.5% 18.6% 1 Assets 1.8% 22.3% Jun. 19 Mar. 20 Jun. 20 FX Effect -2.2% 6.6% Assets Jun. 19 Mar. 20 Jun. 20 2Q20/1Q20 2Q20/2Q19 Colombia 89.6 102.
Slide 11: Balance Sheet - Gross Loans
Balance Sheet - Gross Loans 2Q20/1Q20 2Q20/2Q19 Mortgage 0.3% 15.1% Consumer -2.3% 28.5% Commercial 1.4% 18.0% Gross Loans 0.1% 20.0% FX Effect -1.8% 6.1% Jun. 19 Mar. 20 Jun. 20 Gross Loans Jun. 19 Mar. 20 Jun. 20 2Q20/1Q20 2Q20/2Q19 Colombia 73.0 84.8 87.2 2.8% 19.5% COP 18.3 24.6 22.4 -9.0% 22.2%
Slide 12: Balance Sheet - PDL and Loans by Stages
Balance Sheet - PDL and Loans by Stages (%) Loans by Stages PDL1 > 90 days Portfolio 2Q19 1Q20 2Q20 Commercial 4.22% 3.81% 3.77% Consumer 2.35% 2.07% 0.75% Mortgage 4.02% 4.41% 4.07% Total (90) 3.68% 3.45% 3.00% Mortgage2 (120) 3.17% 3.50% 3.81% Total3 (120) 3.48% 3.25% 2.94% 4Q19 1Q20 2Q20 Stage 1
Slide 13: Balance Sheet - Funding Sources
Balance Sheet - Funding Sources 2Q20/1Q20 2Q20/2Q19 Demand Deposits 5.1% 36.1% Term Deposits -2.7% 6.4% Bonds -1.3% 18.3% Credits -7.0% 47.0% Funding Sources 0.0% 24.7% FX Effect -2.6% 6.2% Jun. 19 Mar. 20 Jun. 20 Gross Loans / Funding Sources 95.5% 91.7% 91.8% Funding Sources Jun. 19 Mar. 20 Jun. 2
Slide 14: Balance Sheet - Capital Structure
Balance Sheet - Capital Structure Capital Adequacy Ratios Equity (COP Trillion) Minimum Requirement Jun. 19 Mar. 20 Jun. 20 Jun. 19 Mar. 20 Jun. 20 Tier 1 Tier 2 Jun.20/Jun.19 8.8% Jun.20/Mar.20 0.0% Figures in COP trillion At the end of June the COP revaluated 7.4% Q/Q and devalued 17.2% Y/Y 14
Slide 15: P&L - Financial Margin
P&L - Financial Margin Quarter ACCUMULATED Jun.19 Mar.20 Jun.20 Annualize d Quarter 6.46% 6.11% 6.39% NIM1 12 Months 6.52% 6.28% 6.29% Annualize d Quarter 2.72% 3.24% 3.58% Cost of Risk2 12 Months 2.46% 2.50% 2.83% Jun.19 Jun.20 2Q19 1Q20 2Q20 2Q20 $ 2Q20/1Q20 % 2Q20/2Q19 % Jun.20 $ Jun.20/Jun.19 %
Slide 16: P&L - Expenses
P&L - Expenses QUARTER ACCUMULATED $1,039 Jun.19 Mar.20 Jun.20 Annualized Cost to Quarter 45.7% 45.1% 48.7% Income1 12 Months 46.0% 46.5% 47.3% 2Q19 1Q20 2Q20 Jun.19 Jun.20 2Q20 $ 2Q20/1Q20 % 2Q20/2Q19 % Jun.19 $ Jun.20/Jun.19 % 401 -2.9 6.9 Personnel Expenses 815 8.0 638 12.5 23.5 Operating Expense
Slide 17: P&L - Net Income
P&L - Net Income QUARTER Jun.19 Mar.20 Jun.20 ACCUMULATED Annualize d Quarter 12.45% 7.03% 3.77% ROAE1 12 Months 12.61% 10.75% 8.57% Annualize d Quarter 1.27% 0.69% 0.35% ROAA2 12 Months 1.30% 1.08% 0.84% 2Q19 1Q20 2Q20 Jun.19 Jun.20 2Q20 $ 2Q20/1Q20 % 2Q20/2Q19 % Jun.20 $ Jun.20/Jun.19 % 994 14.6 -
Slide 18: Visit us at ir.davivienda.com
Investor Relations and Capital Management ir@davivienda.com + (57 1) 220 3495 www.davivienda.com Bogotá - Colombia Visit us at ir.davivienda.com
Slide 19: Appendix
Appendix 19
Slide 20: Balance - Coverage Ratios (%)
Balance - Coverage Ratios (%) Coverage1 Loan Loss Reserves / Gross Loans3 Portfolio 2Q19 1Q20 2Q20 Portfolio 2Q19 1Q20 2Q20 Commercial 122.0% 118.5% 128.2% Commercial 5.1% 4.5% 4.8% Consumer 271.4% 274.4% 821.3% Consumer 6.4% 5.7% 6.2% Mortgage 38.3% 39.5% 55.6% Mortgage 1.5% 1.7% 2.3% Total 125.1%
Slide 21: Digital Transformation - Customers and Products
Digital Transformation - Customers and Products No. of Customers Total Deposits2 Y/Y (Millions) 124% Central America 111% Jun-19 Mar-20 Jun-20 Total Loans3 Y/Y 99% Colombia 91% Jun-19 Mar-20 Jun-20 Consolidated¹ Colombia Central America Weight in the 6.5% 8.4% 9.6% consumer portfolio Digital 81% 84%
Slide 22: Digital Transformation - Channels
Transformación Digital TransformationDigital - Canales - Channels Product Sales1 Transactional Mix1 (Thousands of products) (Millions of monetary transactions) 1H18 1H19 1H20 1H18 1H19 1H20 Traditional Channels Digital Channels Branch Digital ATM POS Other Branch Evolution2 753 - 11.3% 749 747 725 6