Banco Santander (brasil) S.a. · BMFBOVESPA:SANB3
Banco Santander (brasil) — Q1 2012 Earnings Presentation
30 slides from Banco Santander (brasil)'s earnings presentation, Apr 30, 2012
Slide 1: Banco Santander (Brasil) S.A. 1Q12 BR GAAP Results
Banco Santander (Brasil) S.A. 1Q12 BR GAAP Results April 26", 2012 @& Santander
Slide 2: Disclaimer
DISCLAIMER ‘This presertaton may contain certain forwarcooking statements and formato reiting Ganco Santander (Bras) SA. C'Sartander Bra) ‘and its subsides that retect he curert views ander expectabors of Sartander Bra and ts management win respectto ts pertrmance, ‘buses and Rae events, Foard looki
Slide 3: Table of Contents
TABLE OF CONTENTS { Macroeconomic Scenario
Slide 4: Macroeconomic Scenario
MACROECONOMIC SCENARIO ‘ ’ GDP (Y-0-Y growth 9%) Interest Rate ~ Selic (96) 13.75 375 10.75 11.00 2008 2009 2010 2011 | 2012e 2013 2008 2009 2010 2011 | 2012e 2013 Inflation (IPCA %) Exchange Rate (R$ / USS) 2008 2009 2010 2011 | 2012e 2013
Slide 5: Table of Contents
TABLE OF CONTENTS Highlights — 1Q12
Slide 6: Highlights — 1Q12 vs. 4Q11
HIGHLIGHTS — 1Q12 vs. 4Q11 OnNet profit grows 8% QLoan portfolio and funding growing in line with the market OTotal revenues’ increase 9% Olncrease of gross allowance for loan losses OBalance Sheet strength : comfortable coverage ratios, capital and liquidity
Slide 7: Table of Contents
TABLE OF CONTENTS ( Results — 1012
Slide 8: Net Profit grows 7.5% in the quarter
RESULTS ° RSMM NET PROFIT!: Grows 7.5% in the quarter 1,827 1,766 4,549 1,643 ae 7 a | 1011 2Q11 3Q11 4ait 1012 = Goodwill ™ Accounting Net Profit 1.63 1.73 | 1.73 1.86 BROAD Greror®
Slide 9: Managerial Profit
RESULTS Var. (%) Managerial Profit' (R$ million) 1912 1011 YoY QoQ Net Interest Income 8077 6,791 18.9% = 9.5% Allowance for Loan Losses (3,091) (2,142) 44.3% © 35.8% Fee and Commission Income 2473 2,142 15.5% = 6.7% General Expenses? (3,860) 3,477) 14.0% = 1.2% ‘Tax Expenses (803) (665) 20.8% = 5.4
Slide 10: Net Interest Income
RESULTS NET INTEREST INCOME Net Interest Income Breakdown! RSM yan ait salt aati Credit im Deposits —i se |-—_—_ pe Others NII with Clients and Interest Rates Interest Rate (Quarter average) ~Selic on 20m 301 gait tara MR IR aa os HR TOR 121% 12.4% 9% 124% 124% o——_e-__»___—__* ) Credit Spread (%) 0
Slide 11: Net Interest Income - Loan Portfolio
RESULTS NET INTEREST INCOME- Loan Portfolio ° : Expanded Credit! Segment Breakdown* R$ Billion Yor aca Row raz rar YoY G00 Individuals 08528 67.561 156% 14% 179 Consumer Finance 36,402 30,249 20.3% «= 2.3% sMes 33083 28.381 254% 3.8% Corporate 62928 55719 136% 1.0% fai 2011 salt 4att ata | fea 19998
Slide 12: Allowance for Loan Losses
RESULTS . ALLOWANCE FOR LOAN LOSSES 1Q11 211 3Q11 4a1t 1Q12 Gross Allowance for Loan Losses m™ Income from recovery of written off loans credit Cost? Tero
Slide 13: Allowance for Loan Losses - Credit Indicators
RESULTS ALLOWANCE FOR LOAN LOSSES ~ Credit Indicators 9 NPL Over 60 days? NPL Over 90 days? om 28% 84% 19% 6.0% 7% 6.4% al sching na 51% 55% 5.0% 52% 8.3% — 43% 49% «4H ABM a 40% —a in 3.2% 30% 29% 29% 20% 82 2H 28% 20% 24% 2.4% 1011 2011 301 40 1012 1011 2011 3011 4011 1012 eComporate s@rindviduals
Slide 14: Fees and Commission Income
RESULTS EI FEES AND COMMISSION INCOME ° Total" Breakdown of Fee and Commission Income . Yer aoa "ax R$ Million raz ran Yoyo l 7 Lending Operations 272 221 23.4% -83% 8% > — Current Account 983-367 10.2% -1.8% 2.473 Insurance 460 449 2.4% 68.7% Collection Services? 171 146 17.2% -82% Cards? 645 473 3
Slide 15: General Expenses
RESULTS By GENERAL EXPENSES General Expenses’ Breakdown of Expenses RS milion Yer Goa ie R$ Million 1012 1011 % %) I pam Administrative 1,689 1,508 8.7% -4.4% Personnel 1.824 1,661 9.8% 0.3% a 3,908 3,860 : Subtotal 3463 3,169 9.3% -2.0% Depreciationand 397 308 28.7% 6.0% Amortization Total 3,860 3,
Slide 16: Ratios
RATIOS % Efficiency Ratio" (%) Recurrence? (%) 45.9% 46.6% 45.9% 48.6% yan 21 atl dat 1a12 ROAA? (%) 64.1% 61.6% 644% 63.1% 59.30 4a 2011 sant 4att 1012 ROAE* (%) 2.0% 16% 16% 1.6% 16% yan 201 sat 4ait_—_1a12 16.2% 13.6% 140% 13.5% 14.2% jan 2011 3a 4att 1012 ‘DRGAAP Catron
Slide 17: Assets and Equity
ASSETS AND EQUITY - Assets'— R$ Billion Equity'— R$ Billion 382 07. 400 504 1011 4att 1012 jan 4att 1012 ° ER GAAP criterion
Slide 18: Ratios
RATIOS . Coverage Ratio over 90 days" BIS Ratio? 142.2% 136.8% 134.5% 28.9% 24.8% 24.0% yon ant 1012 on att 1012 1 mm Tiert TRGAP Creron®
Slide 19: Funding
FUNDING SCs 1Q12__1a11__YoY% _Q0a% J Demand Deposits + Savings Deposits 357 45.1 -21% = -3% Time Deposits + Debentures" 1276 110.0 16% 5% Treasury Notes (Letras Financeiras) 258 109 137% 26% Funding From Clients (A) 189.2 166.0 14% 6% () Reserve Requirements (422) (426) 1% 8% Borrowing and Onlending
Slide 20: Table of Contents
TABLE OF CONTENTS { Final Remarks
Slide 21: Final Remarks — 1Q12 vs. 4Q11
FINAL REMARKS — 1Q12 vs. 4Q11 ONet profit grows 8% QLoan portfolio and funding grow slightly above the peers = Loan Portfolio grows 1.7%" = Funding from clients grow 5.5% O)Revenues growth = Total revenues? grow 9% = Efficiency ratio presents 5.0 p.p. of improvement Qhigher allowance for loan losses
Slide 22: Table of Contents
TABLE OF CONTENTS { Annexes }
Slide 23: Annexes — BR GAAP
Annexes — BR GAAP
Slide 24: Managerial — Accumulated
RESULTS Managerial’ — Accumulated (rs million) Managerial Financial Statement (RS Million) 1Q12__1Q11__ Abs. NET INTEREST INCOME 8077 67814287 18.9% Allowance for Loan Losses (3.09) (2,182) 909) 44.39% INET INTEREST INCOME AFTER LOAN LOSSES 49874609 337 7.3% Fee and Commission Income 2473 2162 332 1
Slide 25: Managerial — Quarterly
RESULTS Managerial’ — Quarterly (rs milion) Managerial Financial Statement (RS 1011 2ai1 3011 ait 1012 INET INTEREST INCOME 6.791 6761 7.108 7378 3077 ‘Allowance for Loan Losses (214) (2551) 2439) (2277) (3,092) [NET INTEREST INCOME AFTER LOAN LOSSES 4619 azn 659 501 4987 Fee and Commission Income 2
Slide 26: Balance Sheet
BALANCE SHEET Assets {R$ million) Assets und 0: Current Asset and Long-term Assets: ‘390,142 e867! 994,458 ‘Cash and Cash Equivalents 4231 4471 5,658 Interbank Investments 22,896 24.780 25485 (29,220 ‘Securtias and Derwative Financia Instrument yoaei2 «73.068 «74818 «62.870 Interbank Accounts 46.288
Slide 27: Balance Sheet
BALANCE SHEET Liabilities and Equity (R$ million) Lablities and Equi Current Liabilities and Long-Term Liabilities Deposits ‘Demand Deposits Saving Deposits Interbank Deposits Time Deposits Other Deposts Money Market Funding Funds from Acceptance and issuance of Securities, Interbank Accounts Interb
Slide 28: Balance Sheet - Loan Portfolio by Product
BALANCE SHEET Loan Portfolio by Product" (Rs mittion 1Q12__1Q11__Var.YoY _4Q11_Var. QoQ Individuals Leasing / Auto Loans 2326 2.488 5.7% 2277 22% Credit Cord 13798 10,758 «28.3% «= 14144 2.5% Payroll Loans? 15194 14,305 6.2% 15142 03% ‘Mortgage (*) 9518 7,109 339% 9331 20% Agricultural Loans 2516 ©2
Slide 29: IFRS vs. BR GAAP: Reconciliation
RESULTS IFRS vs. BR GAAP: Reconciliation R$ Million 112. 1011 NET PROFIT - BR GAAP 856 1,013 Reversal of Goodwill Amortization 909 814 MANAGERIAL NET PROFIT- BR GAAP 1,766 1,827 Impairment on Loans and Receivables (27) 226 Others (13) 18 NET PROFIT- IFRS 1,723 2,071
Slide 30: 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: April 26, 2012 Banco Santander (Brasil) S.A. By: / S / Amancio Acurcio Gouveia Amancio Acurcio Gouve
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