This presentation may include references and statements, planned synergies, estimates, projections of results, and future strategy for Banco do
|
|
- Rudolf Franklin
- 5 years ago
- Views:
Transcription
1
2 This presentation may include references and statements, planned synergies, estimates, projections of results, and future strategy for Banco do Brasil, its Associated and Affiliated Companies, and Subsidiaries. Although these references and statements reflect the management s belief, they also involve estimates and unforeseen risks. Consequently, results may differ from those anticipated and discussed here. These expectations are highly dependent on market conditions, on Brazil s economic and banking system performances, as well as on international market conditions. Banco do Brasil is not responsible for updating any estimate in this presentation. 2
3 4 Earnings Highlights 11 Agribusiness 5 Market Ratios 12 Net Interest Margin 6 Earnings Breakdown 13 Spread by Portfolio 7 Earnings 14 BIS Ratio 8 Loan Portfolio 15 Guidance 9 Loans to Individuals 16 Appendix 10 Loans to Companies
4 Earnings Highlights Adjusted Net Income Growth (R$) 3.0 BI +20.3% (/) -5.1% (/) 6.5 BI NPL % ALLL¹ 4.2 BI 7.8 BI Fee Income Growth +5.4% (/) -2.8% (/) Continuous Credit Quality Improvement -25 bps (/) -10 bps (/) -26.3% (/) +8.6% (/) Administrative Expenses Reduction -0.2% (/) -5.8% (/) Credit Risk 5.4 BI -18.8% (/) -3.3% (/) BB Foundations Human Factor Profitability Efficiency Credit and Capital Management Services Quality Digital Transformation (1) Allowance for Loan and Lease Losses Expenses Net of Recovery of Write-offs. 4
5 Market Ratios Earnings per Share Dividend Yield² (%) Q17 3Q E¹ 2019E¹ 2Q17 3Q E¹ 2019E¹ Earnings per Share - R$ Adjusted Earnings per Share - R$ Price/Earnings 12 months Price/Book Value Q17 3Q E¹ 2019E¹ 2Q17 3Q E¹ 2019E¹ Source: Economatica. Source: Economatica. (1) Bloomberg estimative on May, 10, 2018 based on analysts projections average. Banco do Brasil is not responsible for this information. (2) Dividends and Interest on Capital 12 months / Market Capitalization. Source: Economatica. 5
6 Earnings Breakdown R$ billion 12.0 (4.2) 6.5 (7.8) (3.5) 3.0 NII ¹ ALLL Fee Income Administrative Expenses Other Adjusted Net Income Profitabilty Ratios² Net Income (R$ Billion) Adjusted Net Income (R$ Billio Shareholders ROE % Market ROE % (1) NII net of recovery of write-offs. (2) Shareholders ROE: it does not include the core capital eligible instrument; Market ROE: it reflects the metric that the main market analysts use to project results, including the core capital eligible instrument. 6
7 Earnings Fee Income +5.4% R$ billion % -6.7% Net Interest Income Administrative Expenses -0.2% Checking Account +9.1% (/) Asset Management + 9.7% (/) Decrease of 1,983 employees in 12 months Cost to Income Ratio of 38.5% Personnel Expenses Loan Operations Treasury² ³ Other Administrative Expenses ALLL Expenses Funding Expenses Financial Expense for Institutional Funding¹ ³ % Asset Quality Improvement in the Companies Portfolio ALLL Expenses Recovery of Write-offs (1) It includes senior bonds, subordinated debt, and Hybrid Instruments in Brazil and abroad. (2) It includes the result from interest, tax hedging, derivatives, and other financial instruments that offset the effects of the exchange rate variation in the result. (3) Series revised (Funding Expense for Institutional Funding and Treasury). 7
8 Loan Portfolio R$ billion -1.9% -0.8% % 6.5% 6.2% 3.90 NPL Ratio +90 days (%) NPL Formation % 26.9% 26.7% 27.5% 27.3% 27.5% Mar/ Jun/ Sep/ Dec/ Mar/ Q17 3Q17 New NPL / Loan Portfolio (%)¹ BB BB ex-specific case Banking Industry Quarterly ALLL/New NPL (%) New NPL (R$ billion) ² Coverage Ratio Cost of Risk 40.8% 39.3% 39.0% Mar/17 Individuals Dec/17 Mar/18 Foreign Branches and Subsidiaries Agribusiness Companies 36.4 Mar/ Jun/17 Coverage ratio (%) Q17 3Q17 ALLL (LTM)/ Loan Portfolio³ (1) It considers the Classified Loan Portfolio of the previous quarter. (2) Quarterly change in the balance of transactions over 90 days past due + current quarter write-offs. (3) ALLL expenses accumulated in 12 months / 12 months Average Loan Portfolio. (4) Allowance for Loan and Lease Losses Expenses gross of Recovery of Write-offs Sep/ Dec/17 Mar/18 Total Provision (R$ Bi) 5.6 ALLL⁴ 5.4 8
9 Loans to Individuals¹ R$ billion % +0.1% NPL Ratio +90 days (%) NPL Formation % Mar/17 Jun/17 Sep/17 Coverage Ratio Dec/17 Mar/18 2Q17 3Q17 New NPL / Loan Portfolio (%) ² Quarterly ALL/New NPL (%) New NPL (R$ billion) ³ ALLL Expenses⁴ 41.5 Mar/ Dec/17 Payroll Loan Mortgage Salary Loan 40.7 Mar/18 Auto Loan Other Q17 3Q Q Q Coverage Ratio (%) Balance of Provision (R$ Bi) (1) It considers the organic Loan Portfolio. (2) It considers the Classified Loan Portfolio of the previous quarter. (3) Quarterly change in the balance of transactions over 90 days past due + current quarter write-off. (4) Allowance for Loan and Lease Losses Expenses gross of Recovery of Write-offs. 9
10 Loans to Companies Expanded View¹ R$ billion NPL Ratio +90 days (%) NPL Formation -6.3% -1.6% Chg. (%) on Mar/ Mar/17 Jun/17 Sep/17 Dec/17 Mar/18 2Q17 3Q17 New NPL / Loan Portfolio (%) ³ Companies Companies ex-specific case Coverage Ratio Quarterly ALL/New NPL (%) New NPL (R$ billion) ⁴ ALLL Expenses⁵ Mar/17 Dec/17 Mar/ Saldo Very Small and Small Companies² Middle Market, Corporates and Government 2Q17 3Q17 2Q17 3Q17 Coverage Ratio (%) Balance of Provision (R$ Bi) (1) It includes private securities and guarantees provided. (2) Companies with annual revenues up to R$25 million. (3) It considers the Classified Loan Portfolio of the previous quarter. (4) Quarterly change in the balance of transactions over 90 days past due + current quarter write-off. (5) Allowance for Loan and Lease Losses Expenses gross of Recovery of Write-offs. 10
11 Agribusiness¹ R$ billion % +1.5% Chg. (%) on Mar/ NPL Ratio +90 days (%) NPL Formation Mar/17 Jun/17 Sep/17 Dec/17 Mar/18 2Q17 3Q17 New NPL / Loan Portfolio (%) ² Coverage Ratio Quarterly ALL/New NPL (%) New NPL (R$ billion) ³ ALLL Expenses⁴ Mar/17 Dec/17 Mar/ Saldo Agroindustrial Rural 2Q17 3Q17 2Q17 3Q17 Coverage Ratio (%) Balance of Provision (R$ Bi) (1) It includes Rural Product Bills and guarantees provided. (2) It considers the Classified Loan Portfolio of the previous quarter. (3) Quarterly change in the balance of transactions over 90 days past due + current quarter write-off. (4) Allowance for Loan and Lease Losses Expenses gross of Recovery of Write-offs. 11
12 Net Interest Margin¹ % Q17 3Q17 Net Interest Margin (NIM) Risk Adjusted NIM NIM with Recovered Credits NIM Mix Composition NIM ex-mix Calendar days Specific Case NIM ex-all effects (1) Net interest income / average balance of earnings assets, annualized. It does not include recovery of write-offs 12
13 Spread by Portfolio % Q17 3Q17 Individuals Loan Operations Companies¹ Agribusiness (1) Government loans not included. 13
14 BIS Ratio % Mar/17 Jun/17 Sep/17 Dec/17 Mar/18 Tier II Tier I Common Equity Tier I New target: minimum of 11% in January/
15 Guidance Guidance 2018 Performance Adjusted Net Income - R$ billion 11.5 to NII (Net of Recovery of Write-offs) - % -5 to Organic Domestic Loan Portfolio - Expanded View - % 1 to Individuals - % 4 to Companies - % -3 to Rural Loans - % 4 to ALLL Expenses net of Recovery of Write-offs - R$ billion -19 to Fee Income - % 4 to Administrative Expenses - % 1 to
16 17 Income Statement with Reallocations 23 Disbursements 18 Net Interest Income 24 Organic Individuals Classified Loan Portfolio 19 Fee Income 25 Loan Portfolio by Risk Level 20 Earnings Assets Breakdown 26 Renegotiated Overdue Loan Portfolio 21 Administrative Expenses 27 Individuals Portfolio Delinquency by Lines 22 Commercial Funding 28 One-Off Items
17 Income Statement with Reallocations Main Lines R$ million Chg. (%) on Net Interest Income 13,521 12,820 11,962 (11.5) (6.7) Allowance for Loan Losses (5,757) (3,909) (4,244) (26.3) 8.6 Credit Risk (6,713) (5,637) (5,449) (18.8) (3.3) Credit Recovery 956 1,728 1, (30.3) Net Financial Margin 7,764 8,911 7,718 (0.6) (13.4) Fee income 6,213 6,735 6, (2.8) Contribution Margin 12,715 14,395 13, (9.0) Administrative Expenses (7,772) (8,236) (7,759) (0.2) (5.8) Commercial Income 4,825 6,031 5, (13.5) Other Operating Income Income Before Taxes 4,214 5,475 4, (12.8) Income and Social Contribution Taxes (995) (1,476) (1,004) 0.9 (32.0) Statutory Profit Sharing (307) (412) (388) 26.3 (5.8) Adjusted Net Income 2,515 3,188 3, (5.1) One-Off Items (72) (80) (277) - - Net Income 2,443 3,108 2, (11.6) 17
18 Net Interest Income R$ million Chg. (%) on Net Interest Incom e 13,521 12,820 11,962 (11.5) (6.7) Loan Operations 23,611 19,532 18,360 (22.2) (6.0) Funding Expenses (9,755) (6,469) (6,000) (38.5) (7.2) Financial Expense for Institutional Funding¹ ³ (3,365) (2,823) (2,815) (16.3) (0.3) Treasury² ³ 3,029 2,580 2,418 (20.2) (6.3) (1) It includes senior bonds, subordinated debt, and Hybrid Instruments in Brazil and abroad. (2) It includes the result from interest, tax hedging, derivatives, and other financial instruments that offset the effects of the exchange rate variation in the result. (3) Series revised (Funding Expense for Institutional Funding and Treasury). 18
19 Fee Income R$ million Chg. (%) on Fee Income 6,213 6,735 6, (2.8) Checking Account Fees 1,597 1,870 1, (6.8) Asset Management Fees 1,295 1,347 1, Insurance, Pension and Premium Bonds (4.9) Loan Fees (10.2) Credit / Debit Cards¹ (5.1) 9.9 Collections (12.8) (1.5) Billings (1.0) (1.5) Capital Market Consortium National Treasury and Manag. of Official Funds (13.9) (17.0) Interbank (13.4) (3.3) Other (0.8) (9.9) (1) Series revised in 3Q17 in accordance with Bacen Circular Letter No. 3,828/
20 Earnings Assets Breakdown 34.6% Retail Operations¹ 34.5% Retail Operations¹ 43.4% 51.3% 33.1% Wholesale Operations² 45.7% 49.2% 32.8% Wholesale Operations² 32.3% Agribusiness 32.7% Agribusiness 5.3% 5.2% Other Secur. + Interbank Invest. w/o Hedge Loans and Leasing Operations (1) It includes loans with individuals, very small and small companies. (2) It includes loans with Government and remaining companies. 20
21 Administrative Expenses and Cost to Income ratio¹ % Mar/17: 99,964 employees Mar/18: 97,981 employees Decrease of 1,983 employees -2.0% % 7.8 R$ billion Mar/17: 4,429 Traditional branches 448 Digital and Specialized branches² Mar/18: 4,159 Traditional branches 588 Digital and Specialized branches² 2Q17 3Q17 Administrative expenses Cost to Income Ratio (12 months) Mar/17: 4,963 employees at the digital model Mar/18: 9,428 employees at the digital model Migration of 4,465 employees +90% (1) Administrative Expenses / Operating Revenues. Data from the Income Statement with Reallocations. (2) It includes Estilo, Empresa, Governo and Agribusiness branches and Private Banking, and also Exclusivo, Estilo and Very Small and Small Companies Offices. 21
22 Commercial Funding % +0.9% R$ billion Mar/17 Jun/17 Sep/17 Dec/17 Mar/18 Time Deposits Savings Deposits Agribusiness Let. Credit + Mortgage Bonds¹ Demand Deposits Rep. Agreement with Private Securities² Interbank Deposits Adjusted Net Loan Portfolio³ / Commercial Funding (1) It includes the balance of CRI (Certificates of Real Estate Receivables). (2) It includes part of the balances of the Private Securities shown on Notes to the Consolidated Financial Statements. (3) It does not include the domestic onlending loans. 22
23 Disbursements quarterly average¹ (1Q16 base 100) Brazil Individuals % % % % Q16 2Q16 3Q16 4Q16 2Q17 3Q17 1Q16 2Q16 3Q16 4Q16 2Q17 3Q17 Agribusiness Companies % % % % Q16 2Q16 3Q16 4Q16 2Q17 3Q17 1Q16 2Q16 3Q16 4Q16 2Q17 3Q17 (1) It does not include revolving lines of credit and overdraft. 23
24 Organic Individuals Classified Loan Portfolio R$ million Chg. % on Mar/17 Dec/17 Mar/18 Mar/17 Dec/17 Payroll Loan 62,442 67,108 67, Mortgage 75.9% 42, % 44, % 45, Salary Loan 19,716 18,793 18,793 (4.7) 0.0 Auto Loan 5,769 4,875 4,603 (20.2) (5.6) Credit Card 23,776 25,655 24, (4.4) Renegotiated Loan 8,049 8,436 8, Consumer Finance 5,841 4,720 4,583 (21.5) (2.9) Overdraft Account 2,580 1,951 2,071 (19.7) 6.2 Microcredit (36.8) (10.8) Other (12.7) 7.4 Total 172, , ,
25 Loan Portfolio by Risk Level¹ R$ million Mar/17 Dec/17 Mar/18 Balance Provision Provision Provision Share % Balance Share % Balance Minimum Supplementary Required Minimum Supplementary Required Minimum Supplementary Required Share % AA 307, , , A 92, , , B 108,754 1, , ,631 1, , ,827 1, , C 68,783 2,063 1,096 3, ,252 1,838 1,058 2, ,147 1,714 1,031 2, D 16,477 1, , ,194 1, , ,117 1, , E 14,175 4,253-4, ,645 3, , ,051 3, , F 6,559 3,279-3, ,261 2, , ,985 2, , G 6,493 4,545-4, ,939 4, , ,387 4, , H 17,391 17,391-17, ,485 19, , ,049 18,049-18, Total 638,336 34,728 1,686 36, ,443 34,612 2,075 36, ,490 33,014 1,975 34, AA-C 577,241 3,612 1,440 5, ,920 3,526 1,588 5, ,900 3,375 1,566 4, D-H 61,095 31, , ,523 31, , ,590 29, , (1) BB Classified Loan Portfolio. 25
26 Renegotiated Overdue Loan Portfolio Credits Renegotiated When Past Due - Changes Initial Balance 27,086 25,867 25,297 Contracts 2,332 3,101 2,031 Amortization Net of Interest¹ (864) (1,467) (874) Write-Off (1,936) (2,204) (2,825) Past due Renegotiated Loan Portfolio (A) 26,618 25,297 23,630 ALL Balance (B) 12,314 12,440 11,046 NPL + 90 days (C) 7,410 5,918 4,953 Indicators - % ALL / Loan Portfolio (B/A) NPL + 90 days / Loan Portfolio (C/A) ALL Balance/NPL + 90 days (B/C) Credits Renegotiated/Classified Loan Portfolio R$ million Credits Renegotiated Contracts % 0 to 14 days Past due to 90 days Past due Over 90 days Past due Writen-Off Recovery Total 2, NPL Formation Q17 3Q17 New NPL (R$ billion)² New NPL / Loan Portfolio (%)³ (1) Principal and interest payments net of interest accrued in the period. (2) Quarterly change in the balance of over 90 days past due transactions + current quarter write-off. (3) It considers the Classified Loan Portfolio of the previous quarter. 26
27 Individuals Portfolio Delinquency by Lines % Mar/17 Dec/17 Mar/18 NPL Share % NPL Share % NPL Share % Individuals Payroll Loan Mortgage Credit Card Salary Loan Auto Loans
28 One-Off Items R$ million Chg. (%) on Adjusted Net Income 2,515 3,188 3, (5.1) One-Off Item s (72) (80) (277) Economic Plans (227) (294) (539) Extraordinary Provision for Law suits (96.8) 11.4 Proagro BB Seguridade - (58) Tax Eff. and Stat. Prof. on One-Off Items Net Incom e 2,443 3,108 2, (11.6) 28
29 Av. Paulista, th. floor Bela Vista São Paulo/SP - Brasil - CEP (11)
This presentation may include references and statements, planned synergies, estimates, projections of results, and future strategy for Banco do
This presentation may include references and statements, planned synergies, estimates, projections of results, and future strategy for Banco do Brasil, its Associated and Affiliated Companies, and Subsidiaries.
More informationThis presentation may include references and statements, planned synergies, estimates, projections of results, and future strategy for Banco do
This presentation may include references and statements, planned synergies, estimates, projections of results, and future strategy for Banco do Brasil, its Associated and Affiliated Companies, and Subsidiaries.
More informationEarnings Release 3Q17
Earnings Release 3Q17 Disclaimer This presentation may include references and statements, planned synergies, estimates, projections of results, and future strategy for Banco do Brasil, its Associated and
More information1Q17. Earnings Release
Earnings Release Disclaimer This presentation may include references and statements, planned synergies, estimates, projections of results, and future strategy for Banco do Brasil, its Associated and Affiliated
More informationThis presentation may include references and statements, planned synergies, estimates, projections of results, and future strategy for Banco do
This presentation may include references and statements, planned synergies, estimates, projections of results, and future strategy for Banco do Brasil, its Associated and Affiliated Companies, and Subsidiaries.
More informationEarnings Summary 3Q17
Earnings Summary Adjusted Net Income of R$7.9 billion Banco do Brasil delivered R$7.9 billion in 9M17, an increase of 45.1% in the period. This performance was primarily due to the increase in fee income,
More informationEarnings Summary 1Q18
Earnings Summary Adjusted Net Income of R$3.0 billion in 1Q18 Banco do Brasil delivered R$3.0 billion in 1Q18, an increase of 20.3% over 1Q17. This performance was primarily due to the increase in fee
More informationEarnings Summary 4Q18
Earnings Summary Adjusted Net Income of R$13.5 billion in 2018 Banco do Brasil delivered R$13.5 billion in 2018, an increase of 22.2% over 2017. This performance was primarily due to the decrease in ALLL,
More informationBanco do Brasil S.A. - MD&A 2Q18
- ~ 1$1 - Banco do Brasil S.A. - MD&A 2Q18 This report makes references and statements, planned synergies, growth estimates, earnings and strategies projections regarding Banco do Brasil s Conglomerate.
More informationTake care of what MATTERS to PEOPLE
Disclaimer This presentation may include references and statements, planned synergies, estimates, projections of results, and future strategy for Banco do Brasil, its Associated and Affiliated Companies,
More informationEarnings Summary 1Q14
Earnings Summary Earnings Net Income of R$ 2.7 billion in the Banco do Brasil presents Net Income of R$ 2.7 billion in the, up 4.7% on 1Q13. This performance corresponds to ROE of 15.5%. Adjusted Net Income,
More informationEarnings Summary 1Q13
1Q13 Earnings Summary BB s Adjusted Net Income reaches R$ 2.7 billion in the 1Q13 Banco do Brasil recorded adjusted net income, excluding one-off items, of R$ 2.7 billion in the 1Q13. This performance
More informationConference Call 4Q12 Earnings
Conference Call 4Q12 Earnings 1 1 Disclaimer This presentation may include references and statements, planned synergies, estimates, projections of results, and future strategy for Banco do Brasil, it s
More informationBanco do Brasil S.A. - MD&A 4Q17
Banco do Brasil S.A. - MD&A 4Q17 This report makes references and statements, planned synergies, growth estimates, earnings and strategies projections regarding Banco do Brasil s Conglomerate. Such statements
More informationBanco do Brasil S.A. - MD&A 4Q16
MD&A 4Q16 Banco do Brasil S.A. - MD&A 4Q16 This report makes references and statements, planned synergies, growth estimates, earnings and strategies projections regarding Banco do Brasil s Conglomerate.
More informationBanco do Brasil. 3Q10 Conference Call
Banco do Brasil 3Q10 Conference Call 1 Disclaimer This presentation may include references and statements, planned synergies, increasing estimates, projections of results and future strategy for Banco
More informationBanco do Brasil S.A. - MD&A 2Q17
Banco do Brasil S.A. - MD&A 2Q17 This report makes references and statements, planned synergies, growth estimates, earnings and strategies projections regarding Banco do Brasil s Conglomerate. Such statements
More informationEarnings Summary 4Q13
Earnings Summary Earnings Record Net Income of R$ 15.8 billion in 2013 Banco do Brasil presents record Net Income of R$ 15.8 billion in 2013. This performance corresponds to ROE of 22.9%. Adjusted Net
More informationThis presentation may include references and statements, planned synergies,
APIMEC Meetings Disclaimer This presentation may include references and statements, planned synergies, estimates, projections of results, and future strategy for Banco do Brasil, its Associated and Affiliated
More informationBanco do Brasil 4Q08
Banco do Brasil 4Q08 1 Disclaimer This presentation contains references and statements, planned synergies, increasing estimates, projections of results and future strategy for Banco do Brasil, it s Associated
More informationSummary of the Results 1Q11
Summary of Results Income BB's income attains R$ 2.9 billion in the quarter Banco do Brasill recorded net income of R$ 2,932 million in the first quarter of 2011, up 24.7% over the amount verified in the
More informationApimec Meetings Banco do Brasil
Apimec Meetings Banco do Brasil Disclaimer This presentation may include references and statements, planned synergies, estimates, projections of results, and future strategy for Banco do Brasil, its Associated
More informationInstitutional Presentation 3Q16
Institutional Presentation 3Q16 Disclaimer This presentation may include references and statements, planned synergies, estimates, projections of results, and future strategy for Banco do Brasil, its Associated
More informationInstitutional Presentation 1Q16
Institutional Presentation 1Q16 Disclaimer This presentation may include references and statements, planned synergies, estimates, projections of results, and future strategy for Banco do Brasil, its Associated
More informationInstitutional Presentation 1Q17
Institutional Presentation 1Q17 Disclaimer This presentation may include references and statements, planned synergies, estimates, projections of results, and future strategy for Banco do Brasil, its Associated
More information1Q17 Earnings Conference Call May 12th, 2017
Rule 12g3 2(b) Exemption #82-35186 Free English Translation 1Q17 Earnings Conference Call May 12th, 2017 OPERATOR: Good morning everyone and thank you for waiting. Welcome to Banco do Brasil s 1Q2017 earnings
More informationBanco do Brasil MD&A 4Q12
MD&A 4Q12 Banco do Brasil MD&A 4Q12 This report makes references and statements, planned synergies, growth estimates, earnings and strategies projections regarding Banco do Brasil s Conglomerate. Such
More informationBANCO DO BRASIL 3 rd Quarter 2011
BANCO DO BRASIL 3 rd Quarter 2011 Disclaimer This presentation may include references and statements, planned synergies, increasing estimates, projections of results, and future strategy for Banco do Brasil,
More informationBanco do Brasil. 2Q10 Conference Call
Banco do Brasil 2Q10 Conference Call 1 Disclaimer This presentation may include references and statements, planned synergies, increasing estimates, projections of results and future strategy for Banco
More informationAdjusted Net Income. R$ million ,029 7,472 5,690 5,510 5,319
APIMEC Meetings Disclaimer This presentation may include references and statements, planned synergies, estimates, projections of results and future strategy for Banco do Brasil, its Associated and Affiliated
More informationBANCO DO BRASIL 2018 São Paulo
APIMEC Meeting BANCO DO BRASIL 2018 São Paulo CHIEF EXECUTIVE OFFICER (CFO) This presentation may include references and statements, planned synergies, growth estimates, projections of results, and future
More informationConference Call 1 st quarter Earnings Review
Conference Call 1 st quarter 2018 - Earnings Review Candido Botelho Bracher President and CEO Caio Ibrahim David Executive Vice-President, CFO and CRO Alexsandro Broedel Executive Finance Director and
More informationBanco do Brasil 1Q09
Banco do Brasil 1 Disclaimer This presentation may include references and statements, planned synergies, increasing estimates, projections of results and future strategy for Banco do Brasil, it s Associated
More informationITAÚ UNIBANCO HOLDING S.A. CNPJ / A Publicly Listed Company NIRE
ITAÚ UNIBANCO HOLDING S.A. CNPJ 60.872.504/0001-23 A Publicly Listed Company NIRE 35300010230 ANNOUNCEMENT TO THE MARKET Conference Calls of the 2nd quarter 2018 Result In accordance with the invitation
More informationReference: Itaú Unibanco Holding S.A. Annual Result Announcement to the Market
Reference: Annual Result 2017 Announcement to the Market ( Company ) announces to its shareholders and the market at large that the Complete Financial Statements and the Management Discussion and Analysis
More informationManagement Discussion & Analysis and Complete Financial Statements 1Q18. Itaú Unibanco Holding S.A.
Management Discussion & Analysis and Complete Financial Statements 1Q18 Itaú Unibanco Holding S.A. www.itau.com.br/investor-relations Contents Management Discussion & Analysis Page 03 Executive Summary
More informationBANCO DO BRASIL 2 nd Quarter 2012
BANCO DO BRASIL 2 nd Quarter 2012 Disclaimer This presentation may include references and statements, planned synergies, increasing estimates, projections of results, and future strategy for Banco do Brasil,
More informationEarning Results 2Q18
Earning Results 2Q18 Highlights Net Income 2Q18 R$5.2 bi. 9.7% p.a. and ROE of 18.5% (1). Operating Income 25.7% p.a. Expanded Loan Portfolio 6.0% in the quarter, and 4.5% p.a. with an increase in the
More information3 rd Quarter Confidencial
3 rd Quarter 2015 1 Disclaimer This presentation may include references and statements, planned synergies, estimates, projections of results, and future strategy for Banco do Brasil, its Associated and
More informationBanco Santander (Brasil) S.A. 1H12 BR GAAP Results July 26 th, 2012
Banco Santander (Brasil) S.A. 1H12 BR GAAP Results July 26 th, 2012 DISCLAIMER This presentation may contain certain forward-looking statements and information relating to Banco Santander (Brasil) S.A.
More informationThis presentation may include references and statements, planned synergies,
APIMEC Meetings Disclaimer This presentation may include references and statements, planned synergies, estimates, projections of results, and future strategy for Banco do Brasil, its Associated and Affiliated
More informationITAÚ UNIBANCO HOLDING S.A. CNPJ / A Publicly Listed Company NIRE
ITAÚ UNIBANCO HOLDING S.A. CNPJ 60.872.504/0001-23 A Publicly Listed Company NIRE 35300010230 ANNOUNCEMENT TO THE MARKET Results for the 1st quarter of 2018 ( Company ) announces to its shareholders and
More information3 rd QUARTER REPORT ON ECONOMIC AND FINANCIAL ANALYSIS
3 rd QUARTER 2018 REPORT ON ECONOMIC AND FINANCIAL ANALYSIS rrrr Table of contents 1 - Press Release 3 Main Information 4 Recurring Net Income vs. Book Net Income 5 Summarized Analysis of Recurring Income
More informationManagement Discussion & Analysis and Complete Financial Statements 4Q17. Itaú Unibanco Holding S.A.
Management Discussion & Analysis and Complete Financial Statements 4Q17 Itaú Unibanco Holding S.A. www.itau.com.br/investor-relations facebook.com/itauunibancori @itauunibanco_ri Contents Management Discussion
More informationEarnings Presentation
Earnings Presentation 1 st Quarter 2018 Disclaimer: This presentation may include references and statements on expectations, planned synergies, growth estimates, projections of results, and future strategies
More informationEarnings Presentation
Earnings Presentation 4 th Quarter 2017 Disclaimer: This presentation may include references and statements on expectations, planned synergies, growth estimates, projections of results, and future strategies
More informationfinancial report 1Q14 Management Discussion & Analysis and Complete Financial Statements
financial report 1Q14 Management Discussion & Analysis and Complete Financial Statements Contents Management Discussion & Analysis 3 Executive Summary 5 Analysis of Net Income 15 Managerial Financial Margin
More informationexecutive summary Itaú Unibanco Holding S.A. 4th quarter of 2012 Management Discussion & Analysis
executive summary 4th quarter of 2012 Information and financial indicators of (Itaú Unibanco) are presented below: Highlights (except where indicated) 4Q12 3Q12 4Q11 2012 2011 Statement of Income Recurring
More informationfinancial report December 31, 2012 Itaú Unibanco Holding S.A. Management Discussion & Analysis and Complete Financial Statements
financial report December 31, 2012 Itaú Unibanco Holding S.A. Management Discussion & Analysis and Complete Financial Statements Contents Management Discussion & Analysis 3 Executive Summary 3 Analysis
More informationfinancial report 1 st quarter of 2012 Itaú Unibanco Holding S.A. Management Discussion & Analysis and Complete Financial Statements
financial report 1 st quarter of 2012 Itaú Unibanco Holding S.A. Management Discussion & Analysis and Complete Financial Statements Contents Management Discussion & Analysis 3 Executive Summary 3 Analysis
More information1 st quarter 2016 Earnings Review Conference Call
st quarter 206 Earnings Review Conference Call Eduardo Mazzilli de Vassimon Executive Vice-President, CFO (Chief Financial Officer) and CRO (Chief Risk Officer) Marcelo Kopel Investor Relations Officer
More information2Q17. Management Discussion & Analysis and Complete Financial Statements
2Q17 Management Discussion & Analysis and Complete Financial Statements CONTENTS 03 Management Discussion & Analysis 05 15 Executive Summary Income Statement and Balance Sheet Analysis 16 18 22 26 29 33
More informationEarnings Presentation
Earnings Presentation 2 nd Quarter 2018 Disclaimer: This presentation may include references and statements on expectations, planned synergies, growth estimates, projections of results, and future strategies
More informationITAÚ UNIBANCO HOLDING S.A. CNPJ / A Publicly Listed Company NIRE
ITAÚ UNIBANCO HOLDING S.A. CNPJ 60.872.504/0001-23 A Publicly Listed Company NIRE 35300010230 ANNOUNCEMENT TO THE MARKET Results for the 3rd quarter of 2018 ( Company ) announces to its shareholders and
More informationEarnings Presentation
Earnings Presentation 1 st Quarter, 2017 Disclaimer: This presentation may include references and statements on expectations, planned synergies, growth estimates, projections of results, and future strategies
More information1 st quarter 2017 Earnings Review Conference Call
1 st quarter 2017 Earnings Review Conference Call Candido Botelho Bracher President and CEO Caio Ibrahim David Executive Vice-President, CFO (Chief Financial Officer) and CRO (Chief Risk Officer) Marcelo
More informationBanco do Brasil 2010
Banco do Brasil 2010 Disclaimer This presentation may include references and statements, planned synergies, increasing estimates, projections of results and future strategy for Banco do Brasil, it s Associated
More informationEarnings Presentation
Earnings Presentation 4 th Quarter, 2016 Disclaimer: This presentation may include references and statements on expectations, planned synergies, growth estimates, projections of results, and future strategies
More informationReport on Financial Analysis
10 sttrimestre 1 Quarter ϮϬϭϴ Report on Economic and Analysis RELATÓRIO DE ANÁLISE ECONÔMICA E FINANCEIRA Table of contents 1 - Press Release 3 Main Information 4 Recurring Net Income vs. Book Net Income
More informationReference: Itaú Unibanco Holding S.A. Announcement to the Market
Reference: 2 nd Quarter Result 2017 Announcement to the Market ( Company ) announces to its shareholders and the market at large that the Complete Financial Statements and the Management Discussion and
More informationQuarter M nagement Discussion & Analisys and Complete Financial Statements. Itaú Unibanco Holding S.A.
Quarter 2010 M nagement Discussion & Analisys and Complete Financial Statements Itaú Unibanco Holding S.A. Itaú Unibanco Contents Management Discussion and Analysis 1 Complete Financial Statements 53 4
More informationApimec Meetings Banco do Brasil São Paulo. Paulo Caffarelli CEO
Apimec Meetings Banco do Brasil 2017 - São Paulo Paulo Caffarelli CEO WHAT WE DELIVERED BBAS3 PRICE 05/31/2016 - R$ 15.58 12/05/2017 - R$ 31.07 Growth of 99.4% Peak of R$ 37.31 in 10/17/2017 PROFITABILITY
More informationManagement Discussion & Analysis and Complete Financial Statements 3Q18. Itaú Unibanco Holding S.A.
Management Discussion & Analysis and Complete Financial Statements 3Q18 Itaú Unibanco Holding S.A. www.itau.com.br/investor-relations facebook.com/itauunibancori @itauunibanco_ri Contents Management Discussion
More informationabout 3 rd Q/09 Earnings Results
Conference Call about 3 rd Q/09 Earnings Results Alfredo Egydio Setubal Investor Relations Officer November 4 th, 2009 1 Highlights 1. Earnings: 3 rd Q/09: Recurring Net Income of R$2,687 million, an increase
More information3 rd quarter of Management Discussion & Analysis and Complete Financial Statements. Itaú Unibanco Holding S.A.
3 rd quarter of 2011 Management Discussion & Analysis and Complete Financial Statements Itaú Unibanco Holding S.A. Contents Management Discussion & Analysis 1 Executive Summary 3 Analysis of Net income
More information3 rd Quarter Executive Summary. Itaú Unibanco Holding S.A.
3 rd Quarter 2010 Executive Summary Information and financial indicators of (Itaú Unibanco) from the third quarter of 2010 are presented below. (except where indicated) Highlights Statements of Income
More informationJune 30, Executive Summary. Banco Itaú 1 Management Discussion and Analysis
June 30, 2002 Executive Summary Banco Itaú 1 Management Discussion and Analysis Highlights (except where indicated) Consolidated Balance Sheet Jun 30, 02 Mar 31, 02 Jun 30, 02 Jun 30, 01 Total Assets 87,022
More informationItaú Unibanco Holding S.A.
2nd Quarter 2009 The table below shows selected information and performance indicators of (*) The result and balances of the second quarter of 2008 and from the first half of 2008, correspond to the sum
More informationIV MEETING WITH ANALYSTS AND INVESTORS
IV MEETING WITH ANALYSTS AND INVESTORS 1 Public Offering Offering Size (R$ billion) 3.4 2.3 Investors - Total (thousand) 122 53 Individual Investors (thousand) 119 51 Allotment 19.2% 29.9% 15.8% 40.7%
More information3 rd quarter, Management Discussion & Analysis
3 rd quarter, 2010 Management Discussion & Analysis Contents Executive Summary 3 Analysis of Net Income 10 Managerial Financial Margin 11 Results from Loan and Lease Losses 13 Banking Service Fees and
More informationManagement Discussion & Analysis and Complete Financial Statements 4Q18. Itaú Unibanco Holding S.A.
Management Discussion & Analysis and Complete Financial Statements 4Q18 Itaú Unibanco Holding S.A. www.itau.com.br/investor-relations facebook.com/itauunibancori @itauunibanco_ri Management Discussion
More informationBanco Santander (Brasil) S.A. 1H11 IFRS Results
Banco Santander (Brasil) S.A. 1H11 IFRS Results July 27 th, 2011 Table of Contents 2 Main Ideas Macroeconomic Scenario Strategy Business Results Final Remarks Main Ideas Results of 1H11 3 1 2 3 4 Commercial
More informationBANCO DO BRASIL 3Q2018 EARNINGS CONFERENCE CALL
BANCO DO BRASIL 3Q2018 EARNINGS CONFERENCE CALL OPERATOR - Good morning everyone and thank you for waiting. Welcome to Banco do Brasil 3Q2018 Earnings Conference Call. This event is being recorded and
More informationfinancial report June 30, 2013 Management Discussion & Analysis and Complete Financial Statements Itaú Unibanco Holding S.A.
financial report June 30, 2013 Itaú Unibanco Holding S.A. Management Discussion & Analysis and Complete Financial Statements Contents Management Discussion & Analysis 3 Executive Summary 3 Analysis of
More informationConference Call about 2009 Earnings Results
Conference Call about 2009 Earnings Results Roberto Egydio Setubal CEO February 10 th, 2010 1 Highlights 1. Earnings: 4 th Q/09: Recurring Net Income of R$ 2,813 million, an increase of 4.7% compared to
More informationConference Call about 4 th Quarter 2011 Earnings
Conference Call about 4 th Quarter 2011 Earnings Results Roberto Egydio Setubal President & CEO Feb 08 2012 Highlights 1. Results: Recurring net income reached R$ 3.7 billion in the 4 th Q/11 (21.8% ROE)
More information4th Quarter, Executive Summary. Itaú Unibanco Holding S.A.
4th Quarter, 2011 Executive Summary Information and financial indicators of (Itaú Unibanco) are presented below. Highlights (except where indicated) Statement of Income Recurring Net Income 3,746 3,940
More informationRule 12g3 2(b)Exemption # Free English Translation 2Q18 Earnings Conference Call August 10 th, 2018
Rule 12g3 2(b)Exemption #82-35186 Free English Translation 2Q18 Earnings Conference Call August 10 th, 2018 Operator - Good morning everyone and thank you for waiting. Welcome to Banco do Brasil 2Q2018
More informationEarnings Presentation
Earnings Presentation 3 rd Quarter, 2016 Disclaimer: This presentation may include references and statements on expectations, planned synergies, growth estimates, projections of results, and future strategies
More informationmanagement discussion analysis Itaú Unibanco Holding S.A.
management discussion analysis 3 rd quarter of 2013 (This page was left in blank intentionally) 4 Executive Summary Information and financial indicators of (Itaú Unibanco) are presented below. Highlights
More informationAgenda. positive outlook. execution track record. new fronts. strategic positioning
Disclaimer This presentation may include reference and statements, planned synergies, increasing estimates, projections of results and future strategy for Banco do Brasil, it s Associated and Affiliated
More informationfinancial report September 30, 2013
financial report September 30, 2013 Itaú Unibanco Holding S.A. Management Discussion & Analysis and Complete Financial Statements Contents Management Discussion & Analysis 3 Executive Summary 3 Analysis
More informationConference Call 3 rd quarter 2017 Earnings Review
Conference Call 3 rd quarter 207 Earnings Review Candido Botelho Bracher President and CEO Caio Ibrahim David Executive Vice-President, CFO and CRO Alexsandro Broedel Lopes Executive Finance Director and
More information1 st Quarter 2013 Earnings Results
Conference Call 1 st Quarter 2013 Earnings Results Alfredo Egydio Setubal Executive Vice-President and Investor Relations Officer May 02 2013 Highlights Recurring Net Income of R$3.5 billion, with a 0.3%
More informationSummary MD&A 4Q MD&A 4Q10
MD&A 4T10 MD&A 4Q10 This report contains statements concerning expectations, planned synergies, growth estimates, forecasts and future strategies related to Banco do Brasil and its subsidiaries, associated
More information4 th quarter of Management Discussion & Analysis and Complete Financial Statements. Itaú Unibanco Holding S.A.
4 th quarter of 2011 Management Discussion & Analysis and Complete Financial Statements Itaú Unibanco Holding S.A. Contents Management Discussion & Analysis 1 Executive Summary 3 Analysis of Net Income
More informationItaú Unibanco Holding S.A.
Itaú Unibanco Holding S.A. Management Discussion & Analysis and Complete Financial Statements 2nd Quarter 2009 Itaú Unibanco Contents Management Discussion and Analysis 1 Complete Financial Statements
More informationInvestors Report. First Quarter 2016
Investors Report First Quarter 2016 Disclaimer This document has been elaborated as a part of the information policies and transparency of BBVA Continental and contains public information, own source and
More informationfinancial report September 30, 2012 Itaú Unibanco Holding S.A. Management Discussion & Analysis and Complete Financial Statements
financial report September 30, 2012 Itaú Unibanco Holding S.A. Management Discussion & Analysis and Complete Financial Statements Contents Management Discussion & Analysis 3 Executive Summary 3 Analysis
More informationITAÚ UNIBANCO HOLDING S.A.
CNPJ 60.872.504/0001-23 ITAÚ UNIBANCO HOLDING S.A. A Publicly Listed Company ANNOUNCEMENT TO THE MARKET Conference Calls of the 2 nd quarter 2017 Result In accordance with the invitation extended to the
More informationRetail credit origination monthly average of R$1,894 million in 1Q17, versus R$1,825 million in 4Q16 and R$1,486 million in 1T16;
São Paulo, May 08, 2017 Banco Pan S.A. ( Pan, Bank or Company ) and its subsidiaries, pursuant to legal provisions, hereby releases its results for the quarter ended on March 31, 2017 accompanied by the
More informationEconomic Environment
Economic Environment In the first half of the year, investor confidence, which had already been weakened by slow growth in the world s developed economies, deteriorated even further as a result of news
More informationEarnings Presentation
Earnings Presentation 1 st Quarter, 2014 Disclaimer: This presentation may include references and statements on expectations, planned synergies, growth estimates, projections of results, and future strategies
More informationExecutive Sumary. Third Quarter of 2008
Executive Sumary Highlights - Managerial Criteria 30.0% 25.0% 20.0% 15.0% 10.0% 5.0% 24.5% 24.7% 24.1% 23.8% 24.0% 24.1% 24.8% 25.3% 26.1% 26.7% 26.9% 22.0% 23.0% 23.3% 22.7% 22.6% 22.1% 22.5% 22.2% 22.5%
More informationRule 12g3 2(b)Exemption # Free English Translation 3Q17 Earnings Conference Call November 10 th, 2017
Rule 12g3 2(b)Exemption #82-35186 Free English Translation 3Q17 Earnings Conference Call November 10 th, 2017 OPERATOR - Good morning everyone and thank you for waiting. Welcome to Banco do Brasil s 3Q2017
More informationBanco Santander (Brasil) S.A. 9M11 IFRS Results October 27 th, 2011
Banco Santander (Brasil) S.A. 9M11 IFRS Results October 27 th, 2011 Table of Contents 2 Highlights Macroeconomic Scenario Strategy Business Results Final Remarks Highlights 3 Annual growth of double-digit:
More informationAcquisition of Control of
Acquisition of Control of 1 Disclaimer This presentation contains references and statements, planned synergies, increasing estimates, projections of results and future strategy for Banco do Brasil, it
More information1 st Quarter Executive Summary. Itaú Unibanco Holding S.A.
1 st Quarter 2010 Executive Summary Holding S.A. Information and financial indicators of Holding S.A. from the first quarter of 2010 are presented below. (except where indicated) Highlights Statements
More informationBBVA CONTINENTAL. Investors Report. Fourth Quarter 2017
CONTINENTAL Investors Report Fourth Quarter 2017 DISCLAIMER This document has been elaborated as a part of the information policies and transparency of and contains public information, own source and provided
More informationBanco Santander (Brasil) S.A.
Banco Santander (Brasil) S.A. 9M09 IFRS Results Pro forma October 28th, 2009 Table of Contents 2 Macroeconomic Scenario and Financial System 9M09 - Strategy -Results - Business Macroeconomic Scenario 3
More information