Banco Davivienda SA · BVC:PFDAVVNDA
Banco Davivienda SA — Q4 2016 Earnings Presentation
20 slides from Banco Davivienda SA's earnings presentation, February 2017
Slide 1: Davivienda
& DAVIVIENDN
Slide 2: Earnings Presentation 4Q16 Consolidated Results
Earnings Presentation 4Q16 Consolidated Results
Slide 3: 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 4: Content
Content Fourth Quarter Highlights Fourth Quarter 2016 Financial Results
Slide 5: Fourth Quarter Highlights
FOURTH QUARTER HIGHLIGHTS
Slide 6: Main Results
Fourth Quarter Highlights Main Results Accumulated net income reached $1.72 trillion, growing 39.5% compared to the same period last year. At December ROAE1 closed at 18.5%, improving 322 b.p. compared to 4Q15. Accumulated net financial margin was $3.74 trillion, growing at a rate of 19.8% compared
Slide 7: Retail Loans
Fourth Quarter Highlights Retail Loans Retail loans1 reached $34.6 trillion increasing 15.3% compared to 4Q15. Mortgage Loan Portfolio closed at $15.8 trillion, growing 15.1% compared to the same quarter 2015. NPL indicator closed at 2.51%, 51 b.p. above december 2015 and a coverage indicator includ
Slide 8: Commercial Loans
Fourth Quarter Highlights Commercial Loans Commercial1 loans portfolio closed at $38.2 trillion, a growth of 12.4% compared with 4Q15. This portfolio in Colombia grow 16.4% annually. SME’s portfolio in Colombia closed at $5.6 trillion, a growth of 19.1% compared to 4Q15. Construction loans in Colomb
Slide 9: Other Highlights
Fourth Quarter Highlights Other Highlights On November Banco Davivienda Salvadoreño issued ordinary bonds in the local market by US$30 million. On December 2016 we securitized mortgage loans by COP $169 billion. In the same month the Bank sold properties by COP $637 billion, recognizing profits by C
Slide 10: Other Highlights
Fourth Quarter Highlights Other Highlights On December Banco Davivienda received 1.4 million shares of Credibanco1 due to the conversion to Sociedad Anónima2, reaching a participation of 15.55%, which generated profits by COP $107 billion. On January 2017 a Diversified Payment Rights (DPR) was issue
Slide 11: Fourth Quarter Financial Results 2016
FOURTH QUARTER Financial Results 2016
Slide 12: Assets
Consolidated Assets (COP Trillion) 4Q16/3Q16 4Q16/4Q15 Cash 6.7% 5.7% Investments, net (0.7%) 3.8% Loans, net 3.7% 14.2% Other assets (4.4%) 3.5% Assets (1) 3.1% 11.7% Assets Dec. 15 Sep. 16 Dec. 16 4Q16 / 3Q16 4Q16 / 4Q15 Colombia 62.0 70.0 72.0 2.9% 16.2% International COP 22.8 21.9 22.7 3.6% (0.6
Slide 13: Gross Loans
Consolidated Gross Loans (COP Trillion) 4Q16/3Q16 4Q16/4Q15 Mortgage 4.5% 15.1% Consumer 5.6% 15.6% Commercial (1) 1.4% 12.4% Gross Loans 3.1% 13.8% Gross Loans Dec. 15 Sep. 16 Dec. 16 4Q16 / 3Q16 4Q16 / 4Q15 Colombia 49.0 56.2 57.4 2.2% 17.2% International COP 15.1 14.5 15.5 6.8% 2.7% International
Slide 14: Quality and Coverage (%)
Consolidated Quality and Coverage (%) NPL1 > 90 days 4Q15 3Q16 4Q16 Commercial2 1.09% 1.74% 1.36% Consumer 2.39% 2.52% 2.58% Mortgage 2.00% 2.28% 2.51% Total 1.62% 2.05% 1.93% Coverage 3 Total Reserves Coverage4 4Q15 3Q16 4Q16 4Q15 3Q16 4Q16 2 Commercial2 242.2% 153.7% 137.5% Commercial 312.7% 213.6
Slide 15: Funding Sources
Consolidated Funding Sources (COP Trillion) 4Q16/3Q16 4Q16/4Q15 Demand Deposits 6.4% 5.8% Term Deposits (2.1%) 23.9% Bonds (1.2%) 3.6% Credits 9.7% 1.7% Funding Sources 2.8% 10.3% Net Loan / Funding Sources 88.0% 90.4% 91.2% Funding Sources Dec. 15 Sep. 16 Dec. 16 4Q16 / 3Q16 4Q16 / 4Q15 Colombia 51
Slide 16: Capital Structure
Consolidated Capital Structure Solvency Equity (COP trillion) Y/Y 15.2% Q/Q: 7.2% Tier I Tier II Minimum Required 16
Slide 17: Financial Margin, Net
Consolidated Financial Margin, Net (COP Billion) QUARTER ACCUMULATED NIM(1) Dec. 15 Dec. 16 6.4% 6.4% Dec. 15 Dec. 16 4Q16 / 3Q16 4Q16 / 4Q15 Dec. 16 / Dec. 15 (%) (%) (%) 0.8 22.2 Loan Income 29.7 (19.1) 14.6 Investment Income, Interbanks 73.4 (0.9) 21.6 Financial Income 32.8 3.8 59.6 Financial Exp
Slide 18: Expenses
Consolidated Expenses (COP Billion) QUARTER ACCUMULATED Efficiency(1) Dec. 15 Dec. 16 46.8% 45.1% 4Q16/3Q16 4Q16/4Q15 Dec. 16 / Dec. 15 (%) (%) (%) 13.0 21.0 Personnel Expenses 15.4 35.9 24.2 Operational Expenses 16.4 22.1 19.2 Other Expenses(2) 18.5 23.8 22.2 Total Expenses 16.3 1. Efficiency (12 m
Slide 19: Net Income
Consolidated Net Income (COP Billion) QUARTER ACCUMULATED Dec. 15 Dec. 16 ROAE(1) 15.3% 18.6% ROAA(2) 1.59% 1.92% 4Q16/3Q16 4Q16/4Q15 Dec. 16 / Dec. 15 % % % 7.2 12.1 Financial Margin, net 19.8 (12.1) (6.8) Operative Income 14.7 23.8 22.2 Operative Expenses 16,3 500.2 100.0 FX Changes, Derivatives a
Slide 20: Thank you!
Thank you! atencionainversionistas@davivienda.com +57 1 2203495