Grupo Cibest S.a. · BVC:CIBEST
Grupo Cibest — Q2 2020 Earnings Presentation
22 slides from Grupo Cibest's earnings presentation, Aug 8, 2020
Slide 1: 2Q20 Earnings Results
2Q20 EARNINGS RESULTS 1 Investor Relations – 2Q20 Results
Slide 2: Overview 2Q 2020
_ Overview 2Q 2020 “= DA Solid liquidity position and SA, Strong Digital Engagement a ce =@- ee robust capitalization £ * Diversified funding sources with * We have supported the government in a resilient deposit base the distribution of subsidies through our = High quality liquid assets digital pla
Slide 3: Main macroeconomic indicators for Colombia
GDP growth, unemployment and current account have a so far been close to the forecasts. Oil price and USDCOP rate have performed better than expected Main macroeconomic indicators for Colombia . Observed 2020 range Forecast for | Fotimation Indicator the remainder A forecast f 2020 bias Value | Peri
Slide 4: Support to Employees and Communities
Support to Employees and Communities = Employees - Colombia - Welfare and Sustainability ww Return to office Physical and emotional Remote work schemes procedures wellness resources Gradual occupation protocols of our 60% of employees currently working Implementation of health prevention en Seve rec
Slide 5: Credit Reliefs
_- 9 ; - Credit Reliefs _ pancongrtotS® | -_- Bancolombia™ = ce Banistmo ™ . : : * gf! Retail Deferrals* | F i") SME’s Deferrals* | g Corporate Deferrals | yy 4 ! au medi 70% | 55% o2% | 50% ° ayy, ' | 30% : 30% 26% | : 20% = Bancolombia Banistmo B. Agricola BAM ‘ Bancolombia Banistmo B. Agricola BA
Slide 6: Digital Platforms
Digital Platforms @NEQUI Number of users 30 18 22 - & GE 0.3 — = 2017 2018 2019 mar-20 jun-20 Figures in Millions Evolution in number of transactions 2,916 1579 1,930. 455 mar-19 mar-20 jun-19 sep-19 dic-19 jun-20 —Transactions Figures in Thousands Over 300% growth in transactions over the last year
Slide 7: Digital in the current environment
Digital in the current environment Banking Operations- Colombia Transaction Share by Channel 2Q20 Branches 1% Banking Agents. Digital Channels 87% Digital Adoption 70% 56% ae : 49% “ 2017 2018 2019 jun-20 —% of digital users = --------------------------t---------------------------- 88% Contact Cente
Slide 8: Credit Risk
Credit Risk Provisions Breakdown 2,435 1,203 1,382 760 727 225 132 oe | | 55733 63140 i —T —_— os Parameters Consumer SME Corporate Specific Total Update + Deterioration Deterioration Deterioration Provisions COVID H1Q20 &2Q20 GDP Growth Scenarios for 2020 Colombia Panama El Salvador 1Q20 -0.8% -2.8
Slide 9: Credit Risk
Credit Risk Customer subdivision by Risk Level Retail SME Corporate @High Risk ~ Medium Risk mLow Risk SME + Corp: 65%* Type of Relief Retail SME Corporate Grace Periods Vv Vv Vv Deferred Payments Vv *Percentage over total loan book -_- —/- Loan Breakdown by Stages March June mStagel Stage2 mStage3
Slide 10: Provisions and Allowances
Provisions and Allowances 48% 3als 4Q18 1a19 2aQ19 3Qlg 4Q19 1Q20 2Q20 mmmProvisions ——Cost of Risk 6.5% 5.7% 5.6% 5.6% 5.4% 5.5% 5.7% 5.7% 9,111 3Q18 4Q18 1a19 2aQ19 3Qlg 4Q19 1Q20 2Q20 mam Allowance for loan losses* =—=Allowance for loan losses as a percentage of total loans *Based on allowances f
Slide 11: Asset Quality and Coverage
Asset Quality and Coverage Asset Quality Evolution 2Q19 3Q19 4Qig 1Q@20 2Q20 Initial PDLs 8,454 8,122 7,563 7,530 9,079 New PDLs* 826 91 730 2,234 (1,372) Charge-offs (1,158) (650) (763) (685) (732) PDLs and Coverage per Category «nee % of loan Overdue 30 days Overdue 90 days portfolio 2Q20|_ 2a19 1
Slide 12: Capital Adequacy
Capital Adequacy Proforma exercise of Tier | enhancement* 4195.2PP 14.50% Retained Earnigs Excess Capital Over Minimum Requirements 12.64% +COP12.2 billon Occasional Reserve 9%~ 1COP14.9 billion 45% 45% Grupo Grupo Bancolombia Bancolombia* utier| mfier || ----Tier| Minimum — --~ Total Capital Minimu
Slide 13: Liquidity Management
Liquidity Management a 2B Cash & Balances + Investments ' Liabilities : 9, COP Trillion 970/2019.4 435% {COP Trion 2Q20/2a19 4 +20% 2 $205.3 $203.9 HREPOS + $52.2 $53.2 1 MREPOS + $170.1 1% 1% Interbank 12% 14% a Interbank b us Borrowings ee : * q Deposits 5% 9% | % H mM Financial Assets . 36% Aa '
Slide 14: Colombia and Central America
Colombia and Central Americ o- Bancolombia™ Efficiency: 45.6% / 46.3% NIM: 5.9% / 6.3% Fee Income Growth: 0.9% Loan Quality 90d: 3.3% / 3.7% Coverage 90d: 218.6% / 164.9% Net Income: 306 / 1,301 ROAE: 3.8% / 15.8% Loan Share: 69% Efficiency: 44.6% / 46.3% NIM: 6.4% / 6.7% Fee Income Growth: -4.6% Lo
Slide 15: NIM & NII
NIM & Nil 6.2% 6.2% 61% 63% 5.9% 58% 62% 62% soe 5.8% 5.9% 58% 80% 5.6% — 5.5% 5.6% 5.6% crm 1% 1.3% ss 9.7% o.a% 0.7% 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 3Q19. 4Q19° 1Q20 2Q20 —Net interest margin — Loans Net interest margin ——Investment Net interest margin Net Interest Income 2,912 2,901 2,889 mNet Loan
Slide 16: Operating Expenses & Efficiency
Operating Expenses & Efficiency Total Operating Expenses Personnel Expenses* Administrative Expenses 2Q20/2Q19 A -8% 2Q20/2Q19 A -21% 2Q20/2Q19 A +2% 1,190 1,208 1,981 791 1,830 602 2a19 2Q20 2a19g 2Q20 mPersonnel Expenses* mAdministrative Expenses eae slices 48.5% 3.2% 2Q17 2Q18 2Q19 2Q20 =®Operati
Slide 17: 2Q20 Earnings Results
2Q20 EARNINGS RESULTS 17 Investor Relations– 2Q20 Results
Slide 18: Assets and Loans Breakdown
Assets and Loans Breakdown a Total Assets Total Gross Loans 2Q20/2Q19 A +16% , A It 2Q20/2Q19 A +12% 2@20/1Q20 A -3% —_ Balances at central REPOS + Interbank Oll and mining 1% B23 Food, drinks and 2Q20/1Q20 A -2% bank; 8% _ | tobacco 4% . Commercial Chemical Other; 5% services 12% production 2% inve
Slide 19: Profitability
Profitability ROE & ROA 14.99% 12.29% 1.31% 0.11% 2Q17 2Q18 2Q19 ROE —=ROA | ROE Last Twelve Months 6.0% -110% 2Q20 rT)
Slide 20: Non-Interest Income
Non-Interest Income Evolution of Net Fees 2Q20/2Q19 A -10% 2Q20/1Q20 A -14% 0% 2Q17 Credit/debit cards 2Q20/2Q19 A -13% 285 94 89 mmNet Fees Fee Income Ratio Trust and Securities 2Q20/2Q19 A -10% 16.8% 2Q20 Bancassurance 2Q20/2Q19 A +20% 385 184 = 2Q17 mCredit/debit cards Bancassurance 2Q20 mTrust 0
Slide 21: Disclaimer
_- Disclaimer Bancolombia This report. .corresponds tothe interim unaudited consolidated financial statements of BANGOEOMBIA S.A. and its subsidiaries (“BANCOLOMBIA” or “The Bank”) which Bancolombia controls, amongst others, by owning directly or indirectly, more than 50% of the voting capital stock
Slide 22: 2Q20 Earnings Results
2Q20 EARNINGS RESULTS 22 Investor Relations– 2Q20 Results