Banco Davivienda SA · BVC:PFDAVVNDA
Banco Davivienda SA — Q3 2016 Earnings Presentation
20 slides from Banco Davivienda SA's earnings presentation, 2016
Slide 1: Davivienda
& DAVIVIENDN
Slide 2: Earnings Presentation 3Q16 Consolidated Results
Earnings Presentation 3Q16 Consolidated Results
Slide 3: 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 4: Content
Content Third Quarter Highlights Third Quarter 2016 Financial Results
Slide 5: Third Quarter Highlights
THIRD QUARTER HIGHLIGHTS
Slide 6: Main Results
Third Quarter Highlights Main Results Accumulated net income reached $1,190 billion. Growing 29.7% compared to the same period of last year. Accumulated net financial margin reached $2,785 billion. Growing 22.7% compared to the same period last year. ROAE1 at September 2016 reaches 16.8%, shows an i
Slide 7: Retail Loans
Third Quarter Highlights Retail Loans Retail loans1 reached $33.0 trillion increasing 14.9% compared to 3Q15. Mortgages loans portfolio reached $15.1 trillion, growing 16.2% compared with the same period 2015. Consumer loan portfolio reached $17.9 trillion increasing 13.8% on 3Q16 compared with 3Q15
Slide 8: Commercial Loans
Third Quarter Highlights Commercial Loans Commercial loans portfolio1 reached $37.7 trillion, increasing 15.5% compared to 3Q15. While Colombia grew by 21.4% compared to 3Q15. The growth in corporate loans in Colombia is highlighted with an annual growth of 13.0%, totalizing $18.5 trillion. SME loan
Slide 9: Other Highlights
Third Quarter Highlights Other Highlights On September 14th, 2016 Banco Davivienda securitized a mortgage portfolio for COP$220 billion. On September 28th, 2016 Banco Davivienda issued subordinated bonds for COP$359 billion with maturity of 10 years. On October 28th, 2016 Fiduciaria Davivienda acqui
Slide 10: Dow Jones Sustainability Index
Third Quarter Highlights Dow Jones Sustainability Index Davivienda was ratified for the third consecutive year in the Dow Jones Sustainability Index (DJSI). The biggest growth was in the environmental dimension, with emphasis on strengthening risk mitigation and financing for sustainable businesses,
Slide 11: Third Quarter Financial Results 2016
THIRD QUARTER Financial Results 2016
Slide 12: Assets
Consolidated Assets (COP Trillion) Consolidated 3Q16/2Q16 3Q16/3Q15 Cash -5.7% 1.9% Investments, net 6.3% 5.3% Loans, net 3.2% 15.1% Other assets 1.5% 5.0% Assets (1) 2.6% 12.2% Assets Sep. 15 Jun. 16 Sep. 16 3Q16/2Q16 3Q16/3Q15 Colombia 60.6 67.6 70.0 3.6% 15.5% International 21.4 22.0 21.9 -0.5% 2
Slide 13: Gross Loans
Consolidated Gross Loans (COP Trillion) 3Q16/2Q16 3Q16/3Q15 Mortgage 2.4% 16.2% Consumer 3.9% 13.8% Commercial (1) 3.1% 15.5% Gross Loans 3.2% 15.2% Gross Loans Sep. 15 Jun. 16 Sep. 16 3Q16/2Q16 3Q16/3Q15 Colombia 46.9 54.0 56.2 4.1% 19.7% International 14.4 14.6 14.5 -0.1% 0.7% International USD$ 4
Slide 14: Quality and Coverage (%)
Consolidated Quality and Coverage (%) Total Commercial(1) Consumer Mortgage 1. Commercial Includes Microcredit. Quality: Loans >90 days / Gross loans portfolio Coverage: Allowances / Loans >90 days 14
Slide 15: Funding Sources
Consolidated Funding Sources (COP Trillion) 3Q16/2Q16 3Q16/3Q15 Demand Deposits 0.9% 3.7% Term Deposits 4.4% 31.1% Bonds 10.0% 8.3% Credits -4.1% 9.7% Funding Sources 2.6% 13.1% Net Loan / Funding Sources 88.8% 89.9% 90.4% Funding Sources Sep. 15 Jun. 16 Sep. 16 3Q16/2Q16 3Q16/3Q15 Colombia 48.9 55.
Slide 16: Capital Structure
Consolidated Capital Structure Solvency Equity (COP trillion) Y/Y: 13.0% Q/Q: 3.7% Tier I Tier II Minimum Required 16
Slide 17: Financial Margin, Net
Consolidated Financial Margin, Net (COP Billion) QUARTER ACCUMULATED NIM(1) Sep. 15 Sep. 16 6.5% 6.6% 3Q15 2Q16 3Q16 Sep. 15 Sep. 16 3Q16 / 2Q16 3Q16 / 3Q15 Sep. 16 / Sep. 15 (%) (%) (%) 3.6 30.2 Loan Income 32.5 -28.1 121.0 Investment Income, Overnight 96.4 -0.1 34.9 Financial Income 37.0 12.7 72.8
Slide 18: Expenses
Consolidated Expenses (COP Billion) QUARTER ACCUMULATED Efficiency(2) Sep. 15 Sep. 16 48.5% 44.6% 3Q16/2Q16 3Q16/3Q15 Sep. 16 / Sep. 15 (%) (%) (%) 0.0 13.7 Personnel Expenses 13.5 -0.3 15.7 Operational Expenses 13.1 1.5 12.7 Other Expenses(1) 18.2 0.1 14.4 Total Expenses 13.9 1.Other expenses inclu
Slide 19: Net Income
Consolidated Net Income (COP Billion) QUARTER ACCUMULATED Sep. 15 Sep. 16 ROAE(1) 12.5% 16.8% ROAA(2) 1.31% 1.73% 3Q16/2Q16 3Q16/3Q15 Sep. 16 / Sep. 15 % % % -12.1 15.7 Financial Margin, Net 22.7 0.6 16.4 Operative Income 22.7 0.1 14.4 Operative Expenses 13.9 100 -16.2 FX Changes, Derivates and Othe
Slide 20: Thank You!
Thank You! atencionainversionistas@davivienda.com +57 1 2203495