Banco Davivienda SA · BVC:PFDAVVNDA

Banco Davivienda SA — Q3 2010 Earnings Presentation

28 slides from Banco Davivienda SA's earnings presentation, November 2010

  1. Slide 1: Results III Quarter 2010

    DI/WIVICE NON Results Ill Quarter 2010

  2. Slide 2: Table of Contents

    Table of Contents Important Facts of the quarter Results Summary Profits Assets Loans Deposits and Bonds Equity and Solvency Financial Margin Commissions and Fees Expenses Share Evolution Individual Results Consolidated Results

  3. Slide 3: Important facts of the Quarter

    Important facts of the Quarter

  4. Slide 4: El Corresponsal during the Soccer World Cup

    The phenomenon of “El Corresponsal” during the Soccer World Cup. Best World Cup campaign as Head of Studio Magazine “Dinero” More of 19 million of visits at the BLOG Facebook 28 official groups and non official with more of 140.000 fans 22.167 fans of “El lugar Equivocado” Twitter 7.754 fans Youtube mor

  5. Slide 5: Successful Emissions

    Successful Emissions Share Emission September 20 82.457 investors 419 COP billion of capitalization 26 Million of shares 13.1 times oversubscribed $5.46 COP trillion the total demand Bonds Emission October 7 3.1 times oversubscribed 500 COP billion total amount 1.5 COP trillion the total demand

  6. Slide 6: Approval of the Conversion of Bancafé Miami to a branch

    Approval of the Conversion of Bancafé Miami to a branch Approved by the OFR (Florida Office of Financial Regulation) and the FED. Bancafé Miami will convert to a branch in the first quarter of 2011 With this new branch will permit to increase its business generation capacity

  7. Slide 7: Results

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  8. Slide 8: Summary Results

    Summary Results Profits grow in 13% reaching $402.683 COP million Gross Loan Portfolio closed the quarter in 19.9 COP trillion and a growth of 6% as compared to June 2010. The loan portfolio quality reaching 1.8% and the coverage maintained in excess of 200%. The Net Loans to deposits ratio plus bon

  9. Slide 9: Profits

    Results Third Quarter 403 Profits 13% 357 Accum Sep-09 Accum Sep-10 ROAE (12 months) ROAA (12 months) DAV SIS DAV* DAV SIS DAV* Sep-09 19.1% 19.5% 21.8% 2.0% 2.3% 2.3% Sep-10 17.6% 17.3% 20.0% 1.9% 2.2% 2.2% Data in COP Billion Source: Superfinanciera *Excludes Goodwill.

  10. Slide 10: Assets

    Results Third Quarter 27,3 Assets 6% 15% 25,8 23,6 Sept 09 Jun 10 Sept 10 Sep 2009 Davivienda Sep 2010 Davivienda Sep 2010 System 15% 13% 15% 34% 34% 14% 40% 16% 21% 13% 12% 6% 23% 26% 18% Commercial Consumer Mortgages Investments Other Source: SFC. 1. Mortgage includes home leasing. Data in COP Tri

  11. Slide 11: Loans

    Results Third Quarter Loans 6% 19,9 21% 16,4 18,8 Sept 09 Jun 10 Sept 10 Sep 2009 Davivienda Sep 2010 Davivienda Sep 2010 System 17% 18% 9% 49% 47% 28% 34% 63% 35% Commercial Consumer Mortgages Source: SFC. 1. Mortgage includes home leasing. Data in COP Trillion

  12. Slide 12: Loans in Continuous Growth, with Appropriate Quality and Coverage

    Results Third Quarter Loans in Continuous Growth, with Appropriate Quality and Coverage Total Consumer Commercial Mortgages Sep-09 Sep-10 Sep-09 Sep-10 Sep-09 Sep-10 Sep-09 Sep-10 Loans quality Davivienda 2.5% 1.8% 3.7% 2.9% 1.8% 1.2% 2.3% 1.6% System 3.1% 2.4% 5.0% 3.4% 2.1% 1.7% 4.3% 3.4% Loans re

  13. Slide 13: Deposits and Bonds

    Results Third Quarter 8% Deposits 19,7 1% 20,0 and Bonds 18,5 Sept 09 Jun 10 Sept 10 Net Loans/Deposits and Bonds 83% 90% 94% Sep 2009 Davivienda Sep 2010 Davivienda Sep 2010 System 7% 11% 14% 11% 11% 37% 7% 39% 42% 29% 25% 29% 11% 12% 15% Savings accounts Checking accounts CD Bonds Credits and othe

  14. Slide 14: Equity and Solvency Growth

    Results Third Quarter Growth Equity (Billion COP) Solvency 13.2% 15.2% 12.9% 4,2% 4,0% 4,4% 35% 3,45 18% 2,91 2,56 8,9% 8,8% 11,1% Sept 09 Jun 10 Sept 10 Sep 09 Jun 10 Sep 10 Tier 1 Tier 2 Source: SFC. Data in COP Trillion

  15. Slide 15: Financial Margin

    Results Third Quarter Financial Margin 374 1.799 } $755 621 211 1.708 } $980 414 Provisions 525 Financial Expenses 796 Investment income Portfolio income Accum Sep-09 Accum Sep-10 Financial (without dividends) / Average Assets* DAV BCOL BOG BBVA Sep-09 7.3% 6.4% 6.5% 6.4% Sep-10 6.9% 5.7% 5.4% 6.5%

  16. Slide 16: Commissions and fees

    Results Third Quarter Commissions and fees Commissions and fees Accum sep-10 3% 467 11%4% 455 41% Personal banking uptake Personal banking credit Business 44% Pymes Accum Sep-09 Accum Sep-10 Commissions and fees/ Commissions and fees/Total Total revenues Expenses-Goodwill DAV SYS DAV SYS Accum Sep-0

  17. Slide 17: Expenses

    Results Third Quarter 1.079 Expenses 911 18% 437 12% 389 133 5% Operation 127 64 138% Amortization and Depreciation 27 Taxes Personnel 369 446 21% Operating Expenses* / Financial Margin + Commissions and fees DAV SYS Accum Sep-09 48.5% 51.7% Accum Sep-10 54.2% 54.6% Source: Superfinanciera. Data in

  18. Slide 18: Share Evolution

    Share Evolution

  19. Slide 19: Share Evolution

    Share Evolution $22,340 $22,000 66,923 $22,620 65,138 $21,680 Volume (Mill $) $21,440 Price COP 21,248 21,070 13,952 8,688 $16,129 6,528 2,128 3,079 04 05 06 07 08 11 12 13 14 15 19 20 21 22 25 26 27 28 29 October Davivienda Appreciation 36.4% Qtobin 29 Oct 2.60 Low Price (COP) $19,320 High Price (C

  20. Slide 20: Share Evolution: P/BV, Traded Volumes and Peers

    Share Evolution Traded Volumes Evolution 36.4 Evolution of P/BV* 35.4 Peers 3.19 Davivienda 3.02 2.78 2.60 2.57 21.0 2.37 11.6 16.2 11.5 10.0 2.21 8.0 2.16 5.1 2.25 1.7 1.91 Octubre June July August September October Volume Mill S % Part IGBC Davivienda 306,265 6.3% Mkt. Cap $8.98 COP Trillion* Peer

  21. Slide 21: Individual Financial Statements

    Individual Financial Statements

  22. Slide 22: Individual Balance Sheet September 2009-2010: Assets

    Banco Davivienda Individual Balance Sheet September 2009-2010 Asset 2010 2009 Growth % Cash and cash equivalents 1,692,755 1,621,739 4.4% Active positions in monetary market and related 253,017 106,647 137.2% operations Investments 3,580,528 3,706,517 -3.4% Credit portfolio and financial leasing 18,

  23. Slide 23: Individual Balance Sheet September 2009-2010: Liabilities and Equity

    Banco Davivienda Individual Balance Sheet September 2009-2010 Liabilities and Equity 2010 2009 Growth % Deposits and current liabilities 17,628,100 16,452,192 7.1% Liability positions in monetary market and related operations 571,937 148,507 285.1% Bank acceptances outstanding 91,937 935 9,709.5% Ba

  24. Slide 24: Individual Income Statement September 2009-2010

    Banco Davivienda Individual Income Statement September 2009-2010 2010 2009 Growth % Direct operating income 3,126,590 2,776,093 12.6% Direct Operating expenses 1,451,074 1,259,291 15.2% Direct operating Results 1,675,516 1,516,802 10.5% Operating income 893,580 958,653 -6.8% Operating expenses 896,2

  25. Slide 25: Consolidated Financial Statements

    Consolidated Financial Statements

  26. Slide 26: Consolidates Results

    Consolidates Results September 2010 Company Assets Liabilities Equity Accumulated Profit Banco Davivienda S.A. 27,302 23,853 3,448 402 Bancafé Panamá S.A. - 99.9% 1,003 853 149 22 Confinanciera S.A. - 94.9% 419 353 65 10 Bancafé Int. Corporation S.A. - 100% 205 183 22 -0.5 Fiduciaria Cafetera S.A. -

  27. Slide 27: Consolidated Results

    Consolidated Results Consolidated Profits 21% 469 387 Accum Sep-09 Accum Sep-10 Banco Davivienda profits on the total consolidated Accum Sep-09 Accum Sep-10 92% 86% Data in COP Billion

  28. Slide 28: Thanks for your attention!

    D/WVMIVICENDNMN ‘Thanks for your attention!

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