BANCO DO BRASIL 2 nd Quarter 2012

Transcription

1 BANCO DO BRASIL 2 nd Quarter 2012

2 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 and Affiliated Companies, and Subsidiaries. Although these references and statements reflect the management s belief, they also involve imprecision and high difficult risks to be foreseen. Consequently, they may conduct to a different result than 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 one. Banco do Brasil is not responsible for bringing up to date any estimate in this presentation.

3 Economic Environment Price Index IPCA¹ - % Interest Rate Selic² - % (1) 12 months accumulated. Source: IBGE (2) End of period. Source: Central Bank of Brazil Formal Employment³ - thousand Unemployment Index - % 2,524 1,452 1,566 1, Mar/ Mar/12 (3) Net jobs created in the last 12 months. Source: CAGED Source: IBGE 3

4 Economic environment x Banking Industry GDP - % Change (12 months) Loan / GDP - % (12 months) Mar/12 4

5 Brazilian Banking Industry R$ billion Loan Portfolio Disbursement² 1,202 1,123 1,214 1, ,146 1, ¹ Jun/12¹ Public Private ¹ 1H11 1H12 Individual Corporate (2) Loan as reference for interest rate Individuals Loan Portfolio Credit Risk % ¹ Jun/ ¹ Jun/12 (1) Preliminary Data Mortgage Payroll Vehicle Allowance / Portfolio NPL + 90 days / Portfolio 5

6 General Shareholders Meeting Organizational Chart Audit Commitee Compensation Commitee Board of Directors Board of Auditors Internal Audit Board of Officers President VIPIN Wholesale, International Business and Private Bank VIVAR Retail Service, Distribution and Operations VIGOV Government VIPAG Agronegócios e Micro e Pequenas Empresas VINEG Retail Services VITEC Technology VIPES Human Resources and Sustainable Development VIFIN Financial Management and Investor Relations VICRI Internal Controls and Risk Management Commercial Individuals Government Affairs Agribusiness Cards Technology Human Resources Finance Risk Management Strategy and Organization International Business and Affairs Distribution SMEs Loans and Financing Structuring of Solutions Relations with employees and Sponsored Entities Controlling Credit Marketing and Communication Capital Markets and Investments São Paulo Distribution Insurance, Pension Plans and Capitalization Construction of Solutions Sustainable Development Accounting Reestructuring of Operational Assets Executive Secretary Private Bank Business and Operations Support Mortgage Operation of Solutions Investor Relations Internal Controls Channel Management Pension Management Governance of Related Companies Security Management UCP Acquisitions and Strategic Partnerships Legal Adm. and Financial Unit for Legal Procedures 01 President 09 Vice-Presidents 27 Directorships 13 Units 01 Autonomus Managing 01 Internal Audit Unit 6

7 Ownership Structure Shareholding Breakdown Free Float 30.4% Free Float - % National Treasury Previ Foreign Investors Other Foreign Investors Other 7

8 Leaderships¹ % (Market Share) Assets 20.8 Loan Portfolio 19.5 Deposits 27.3 Asset Management² 21.4 (1) Assets and Deposits: as of March/12; Loan Portfolio in Brazil and Asset Management: as of June/12; (2) Does not include Banco Votorantim 8

9 Distribution Network Regional Market Share Total = 24.6% 29.9% 34.7% 28.3% 20.4% 25.4% Total Distribution Network Branches 5,317 Other Service s point 1 28,020 Postal Bank² 6,191 Shared Network 25,238 Total 64,766 (1) Considering PAA, PAB, PAE, QSQ, PAP, SAA and banking correspondents (2) Since Jan/12 9

10 Profitability H11 1H12 Net Income - R$ Billion Adjusted Net Income - R$ Billion ROE - % Adjusted ROE - % H11 1H12 Market Capitalization - R$ billion Dividends and Interest on Own Capital - R$ billion 10

11 Capital Structure Shareholder s Equity - R$ billion BIS Ratio - % Pro forma¹ (1) The BIS Ratio disclosed in June/2012 Financial Statements is 14.22%. The pro forma ratio considers subordinated debt issued on 2Q12 eligible as Tier II capital. The Central Bank of Brazil has already authorized the eligibility. Tier I Tier II 11

12 Assets ² ,051.4 Market Share (%)¹ CAGR = 22.2% (1) Source: Central Bank of Brazil. (2) Market Share as of March/

13 Funding¹ R$ billion CAGR (%) = Time Deposits Money Market Borrowing Savings Demand Deposits Others (1) Includes BV and BNC since

14 Loan Portfolio¹ R$ billion Market Share (%)² 17.1 Offshore Agribusiness Individuals Corporates CAGR (%) = (1) Includes BV, BNC, provided guarantees and private securities since 2009 (2) Domestic Loan Portfolio / BI Loan Portfolio 14

15 Loans to Individuals¹ R$ billion Mortgage Overdraft Cards Other Vehicle Finance Payroll CAGR (%) = (1) Include BV, BNC, provided guarantees and private securities since

16 Foreign Borrowing¹ US$ billion CAGR (%) = Interbanking Bond Issues Corporates Individuals Repo (¹) Included Banco Patagonia and Eurobank since

17 Loans to Companies¹ R$ billion CAGR (%) = 28.5 SME Medium and Large Companies (1) Include BV, BNC, provided guarantees and private securities since

18 Loans to Agribussiness¹ R$ billion CAGR (%) = Individual Corporate (1) Include BV, BNC, provided guarantees and private securities since

19 Credit Risk ,800 11,629 10,675 11,827 13, * * Provision expenses¹ - R$ million Provision expenses / Portfolio² - % Added Provision + Required / Portfolio - % NPL + 90 days / Portfolio - % Accumulated Loss³ in 12 Months / Portfolio - % (1) Without one-off items (2) 12 months average loan portfolio and expenses (3) Net of credit recovery (*) Accumulated Provisions in 12 Months 19

20 Net Interest Income R$ billion H11 1H12 Loan Revenues Other Interest Revenues Net Interest Income 20

21 NIM % H H12 Loan Operations Corporates Individuals Agribusiness NIM (LHS) Risk Adjusted NIM (LHS) Funding Cost - deposits - % Selic (RHS) 21

22 Business diversification increases revenues CAGR (%)= ,672 1,979 2,024 CAGR (%)= ,197 1,524 1, H11 1H12 Fee Income - R$ billion H11 1H12 Income from Asset Management Fees - R$ million Asset Management¹ - R$ billion (1) Includes Banco Votorantim ,574 1,667 1, CAGR (%)= 28.0 CAGR (%)= H11 1H12 Revenue from Cards - R$ billion H11 1H12 Insurance Income - R$ million Insurance Ratio² - % (2) Insurance Net Income / BB s Recurring Net Income 22

23 Cost to Income Ratio¹ R$ billion Administrative Expenses 55.5 Operating Income Cost to Income Ratio - %¹ H11 1H12 (1) exempt from one-off items 23

24 Structure Employees - thousand Branches - thousand ATM² - thousand Transaction in Automated Channels - % (2) Does not include ATM from partnerships 24

25 Structure Internet Banking - million of customers Jun/12 9.0% ATM 10.9% 12.9% 6.2% 33.6% Internet Individuals Internet Businesses Cash POS 11.6% 6.6% 31.9% 18.7% 19.6% Other 18.1% 20.9% 25

26 Investor Relations Unit SBS - Quadra 1 - Bloco C - Ed. Sede III - 7 floor Brasília (DF) Phone: Fax: bb.com.br ri@bb.com.br