Banco Davivienda SA · BVC:PFDAVVNDA

Banco Davivienda SA — Davivienda — Q3 2022 Earnings Presentation

23 slides from Banco Davivienda SA's earnings presentation, November 2022

  1. Slide 1: Davivienda Consolidated Financial Results - 3Q22

    Davivienda Consolidated Financial Results - 3Q22

  2. Slide 2: Disclaimer and forward-looking statements

    The information hereby presented is exclusively for informative and illustrative purposes and it is not, nor does it pretend to be, a source for legal or financial assessment of any kind. Certain statements in this presentation are “forward-looking” statements within the meaning of the U.S. Private S

  3. Slide 3: Macroeconomic Fundamentals Colombia

    Aspectos Macroeconómicos Macroeconomic Fundamentals Colombia Colombia Gross Domestic Product (Y/Y) Davivienda’s PMI * Year-to-date average Source: Davivienda Source: National Administrative Department of Statistics (DANE). Exchange Rate and Oil Prices Monetary Policy Rate and Inflation Source: Financ

  4. Slide 4: Macroeconomic Fundamentals CAM

    Macroeconomic Fundamentals CAM Gross Domestic Product (Y/Y) Inflation (Y/Y) Exchange Rate Monetary Policy Rate CRC/USD HNL/USD(rh) Source: Central Banks from Central America. *November 18th, 2022 4

  5. Slide 5: 3Q22 Main Results

    3Q22 Main Results ESG Highlights PDLs $1.571 Accum. Net Profit IFC Senior Credit - 1st Tranche Accum. Y/Y: 68.9% USD 275M to promote low-income housing for women, women SMEs, the LGTBI community and green financing (Oct. 22) $140.21 Gross Loan Portfolio Q/Q: 7.3% Y/Y: 23.3% Adherence to the UN PRI2 Re

  6. Slide 6: Results of Our Sustainable Management

    Results of Our Sustainable Management COP USD Q/Q Y/Y Sustainable Portfolio 13.6 Tn 3.0 Bn 9.7% 24.3% Sustainable Funding 7.2 Tn 1.6 Bn 2.2% 19.0% Environmental Green Financing Social Social Financing (Trillion COP) (Trillion COP) ● Sustainable Construction ● Low Income Housing ● Renewable Energy ●

  7. Slide 7: Digital Transformation Evolution

    Digital Transformation Evolution Digital Sales1 Retail Banking Digital Adoption3 Transactions by Channel1 (% of products) (% of monetary transactions) Digital Loans2 Digital Deposits2 Digital Investments2 77% 18% 10% Y/Y Y/Y Y/Y 101% 49% -13% Y/Y Y/Y Y/Y Digital loans represent 22% of 81% of new dep

  8. Slide 8: DaviPlata, Our Digital Native Bank

    DaviPlata, Our Digital Native Bank Customer Base (Million) +400K +1.9M Active Rating Q/Q Y/Y Users Android & iOS (30 Days) 4.5 & 4.8 36% (Nov. 2022) Common with Davivienda Market CAC DaviPlata as Only Product (12 Months) Place With Products in the Sector ~$1.05 USD 60 Brands DaviPlata’s DaviPlata /

  9. Slide 9: Progress on our Social Impact Ecosystems

    Progress on our Social Impact Ecosystems Contributing to financial inclusion and literacy, driving positive impact in different ecosystems. 100 Farmers Markets in Colombia +$240 Bn COP in transactions 75 k DaviPlata accounts 49 Municipalities Banking correspondents Payment methods Saving methods Payi

  10. Slide 10: Balance Sheet - Assets

    Activo Balance Sheet - Assets By Operation Q/Q Y/Y Assets Q/Q Y/Y Cash -2.6% 7.1% Colombia 3.4% 19.1% Net Investments 5.2% 9.0% COP 15.7% 30.3% Gross Loans 7.3% 23.3% CAM Loan Loss Reserves 4.6% 6.1% USD 4.6% 8.2% Others 9.2% 47.1% Assets 6.5% 22.2% By the end of September the COP depreciated 10.6%

  11. Slide 11: Balance Sheet - Gross Loans

    Balance Sheet - Gross Loans Growth by Operation (Y/Y)1 Growth by Type (Y/Y) Gross Loans Mix Ex. FX Impact* 113.6 118.8 121.9 130.6 140.2 Q/Q Y/Y Q/Q Y/Y Commercial 9.4% 19.3% 6.2% 12.4% Consumer 6.1% 34.6% 3.8% 24.8% Mortgage 5.3% 18.2% 3.4% 14.5% Gross Loans 7.3% 23.3% 4.7% 15.7% By the end of Sept

  12. Slide 12: Balance Sheet - Credit Risk Management

    Balance Sheet - Credit Risk Management Total PDL & Coverage 1 PDL by Type Coverage by Type2 1. Total >120: (Mortgage > 120 days + Commercial > 90 days + Consumer >90 days) / Gross Loans 2. Coverage: Asset Allowances / Loans > 90 days 12

  13. Slide 13: Balance Sheet - Credit Risk Management

    Balance Sheet - Credit Risk Management CoR1 - Provision Expenses 3Q22 Accumulated $ Q/Q $ Y/Y Provision Expenses 760 14.7% 2,122 -14.3% Ex. FX Impact* 14.2% -15.6% Loans by Stages Coverage by Stages Figures in COP Billion. As of 3Q22 the average exchange rate depreciated 4.0% Q/Q and 10.1% Y/Y 1. Co

  14. Slide 14: Balance Sheet - Structure

    Activo Balance Sheet - Structure Assets Q/Q Y/Y Colombia 3.4% 19.1% COP 15.7% 30.3% CAM Liabilities & USD 4.6% 8.2% Assets Equity Total 6.5% 22.2% Y/Y Y/Y Ex. FX Impact* 3.6% 14.1% $177.1 Liabilities Q/Q Y/Y 7.1% Colombia 3.5% 20.2% 9.0% 19.6% COP 15.7% 32.0% CAM USD 4.6% 9.6% Total 6.4% 23.1% Liabi

  15. Slide 15: Balance Sheet - Capital Structure

    Balance Sheet - Capital Structure Capital Adequacy Ratios 1 Equity & RWAs2 Leverage Ratio 3Q22 Q/Q Y/Y Accounting Equity 15.9 6.8% 13.4% Common Equity Tier 1 14.5 7.2% 15.1% Additional Tier 1 2.3 12.5% 20.7% Total Technical Capital 21.2 5.9% 12.4% RWAs 131.2 7.6% 28.2% Credit Risk 116.9 8.0% 27.0% M

  16. Slide 16: P&L - Financial Margin

    P&L - Financial Margin 3Q22 Accumulated Gross Financial Margin $ Q/Q $ Y/Y Loan Income 4,000 15.2% 10,521 40.1% Investment and Interbank Income 199 121.9% 341 17.8% Financial Income 4,199 17.9% 10,862 39.2% Financial Expenses 1,972 43.8% 4,373 93.3% Gross Financial Margin 2,227 1.6% 6,488 17.1% Prov

  17. Slide 17: P&L - Non Financial Income & Expenses

    P&L - Non Financial Income & Expenses 3Q22 Accumulated 3Q22 Accumulated $ Q/Q $ Y/Y $ Q/Q $ Y/Y Fee Income 414 -1.2% 1,237 14.3% Personnel Expenses 530 9.1% 1,496 12.1% Other Net Income & Expenses 40 -50.5% 183 63.3% Operating Expenses and Others 804 5.8% 2,288 19.3% Non Financial Income 454 -9.2% 1

  18. Slide 18: P&L - Net Profit

    P&L - Net Profit 3Q22 Accumulated Net Profit2 $ Q/Q $ Y/Y Gross Financial Margin 2,227 1.6% 6,488 17.1% Provision Expenses 760 14.7% 2,122 -14.3% Net Financial Margin 1,467 -4.0% 4,367 42.6% FX Changes, Derivatives 30 -83.7% 300 -18.2% Non Financial Income 454 -9.2% 1,421 18.9% Operating Expenses 1,33

  19. Slide 19: Expectations 2022 & 2023

    Expectations 2022 & 2023 2022 E 3Q22 2022 E 2023 E (Previous / Aug.22) (Actual) (Adjusted / Nov.22) (Nov. 2022) Growth 14% - 15% Δ Y/Y 23.3% Δ Y/Y 19% - 21% Δ Y/Y 8% - 10% Δ Y/Y Loan Portfolio PDL* 2.9% - 3.3% 2.91% 2.8% - 3.1% 2.8% - 3.2% NIM 6.0% - 6.3% 6.03% 6.0% - 6.3% 6.0% - 6.3% Cost of Risk 2

  20. Slide 20: Visit us at ir.davivienda.com

    Investor Relations and Capital Management ir@davivienda.com + (57 601) 220 3495 www.davivienda.com Bogotá - Colombia Visit us at ir.davivienda.com

  21. Slide 21: Appendix

    Appendix 21

  22. Slide 22: DaviPlata, Our Digital Native Bank

    DaviPlata, Our Digital Native Bank Outstanding Low Amount Deposits Transactional Income1 (COP $ Billion) (COP $ Billion) 45% Y/Y -35% Y/Y 21% Y/Y Ecards2 Quarterly Transactions3 Quarterly Purchases4 (Million) (Million) (COP $ Trillion) 26% -0.3% 131% Y/Y Y/Y Y/Y 1. Quarterly Transactional Income 2.

  23. Slide 23: Loan Portfolio - Relief Programs Evolution

    Activo Loan Portfolio - Relief Programs Evolution COL Payment Behavior Up to date: 88.1% Past due 31 - 90 days: 6.1% Past due > 90 days: 5.8% % Portfolio under relief Commercial Consumer Mortgage CAM Payment Behavior Up to date: 89.7% Past due 31 - 90 days: 5.7% Past due > 90 days: 4.6% 23

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