Results 1Q2013. Relações com Investidores. May 15, Investor Relations page 1

Transcription

1 Results 1Q2013 May 15, 2013 Relações com Investidores Investor Relations page 1

2 Disclaimer This presentation mentions and makes statements about expectations, planned synergies, growth estimative, projection of results and future strategies about Banco de Brasília. Though these references and statements may reflect what the administrators believe, they may have some imprecision and some risks which are hard to predict. Therefore, there may be some results or consequences that differ from those presented here. These expectations are highly dependent on the conditions of market, the general economic performance of the country, sector and the international markets. Banco de Brasília does not take the responsibility for updating any estimative in this presentation. Investor Relations page 2

3 Highlights R$ 59 million Net Profit on 2013 s first quarter % superior to the same period in Shareholders Equity close to R$ 1 billion. Average Equity s return of 24.2% a.a. Operational Result s growth of 31.09%, if compared to 2012 s same period. Investor Relations page 3

4 Operational Characteristics Investor Relations page 4

5 BRB Conglomerate Free float 96.85% ON = 27,130,856 PN = 8,028,940 Total = 35,159, % ON = 883,794 PN = 261,060 Total = 1,144,854 BSLI 3 (ON) = 28,014,650 BSLI 4 (PN) = 8,290,000 Total = 36,304, % 99.0% 69.74% 1% 100% 99.9% Investor Relations page 5

6 BRB s Business Model Credit - Individuals Retail Investiments/ Others Credit Corporate Wholesale Corporate Operations Payroll Loan Personal Credit Agribusiness (Micro and Small Producer) Bank Deposit Certificate/ Savings Investiment Funds Credit Cards Working Capital Prepayment of Receivables Agribusiness (Medium /Major Producer) Civil Construction Financing Structured Operations Collection Real Estate Credit Insurance Industrial (BNDES + FCO) Missão: To act as a public bank inductor of sustainable development of the Federal District and regions of influence, providing innovative financial solutions with excellence in dealing with costumers. Investor Relations page 6

7 Market Share CREDIT MARKET SHARE Mid-West Region CREDIT MARKET SHARE Federal District 1.8% 2.8% 1.1% 5.7% 20.0% 3.0% 1.7% January/ % BB BRADESCO BRB CEF HSBC ITAÚ SANTANDER OTHERS 4.7% 14.8% 4.3% 72.7% January/13 BB BRADESCO BRB CEF HSBC ITAÚ SANTANDER BANCOOB OTHERS 1.4%3.6% 2.0% 6.3% 15.7% 2.9% 1.9% January/ % BB BRADESCO BRB CEF HSBC ITAÚ SANTANDER OTHERS 3.5% 7.9% 3.3% 81.3% January/12 BB BRADESCO BRB CEF HSBC ITAÚ SANTANDER BANCOOB Source: Sisbacen OTHERS Investor Relations page 7

8 Market Share FEDERAL DISTRICT S BRANCHES AND MINI BRANCHES RANKING BRB S BRANCHES AND NONBANK CORRESPONDENTS Institution Branches Mini Branches 1 BB CEF Bradesco Santander HSBC Source: Bacen, march/13 1 Includes banking mini branches - PAB, advanced treatment mini branches - PAA and electronic banking mini branches PAE. Branches+PAB's Source: BRB, april/13 Nonbank Correspondents Investor Relations page 8

9 Clients BRB has approximetaly 536 thousand clients: Operating Bank Accounts = 390,056 Operating Bank Accounts - Individuals 6% Clients 7% 93% Individuals Corporate 58% 2% 40% Private Sector Public Sector Others 0% 0% 2% Judicial Deposit = 46,748 94% Saving's Accounts = 225,290 2% 1% Financial Institutions Related Companies INDIVIDUALS CORPORATE Individuals Payroll Payments Corporate Government 98% Individuals/Corporate Source: BRB 97% Investor Relations page 9

10 Financial Informations Investor Relations page 10

11 Financial Highlights R$ million 1Q2013 4Q2012 1Q12 1Q13/4Q12 1Q13/1Q12 Total Assets 9, , , % 9.35% Credit Portfolio 6, , , % 24.80% Total Deposits 6, , , % -1.15% Demands Deposits % 7.99% Savings Deposits 1, , , % 13.01% Interbank Deposits % 45.57% Time Deposits 4, , , % -6.74% Subordinated Financial Bills % % Shareholders Equity % 14.78% Net Profit % 34.09% NIM * 18.6% 17.9% 20.0% 0.7 p.p p.p. ROAA* 2.4% 2.3% 2.0% 0.1 p.p. 0.4 p.p. ROAE * 24.2% 25.8% 21.2% -1.6 p.p. 3.0 p.p. % ADA 4.5% 4.5% 5.6% 0.0 p.p p.p. BIS ratio 14.3% 13.4% 12.9% 0.9 p.p. 1.4 p.p. Tier I 12.0% 11.2% 11.5% 0.8 p.p. 0.5 p.p Tier II 2.3% 2.2% 1.4% 0.1 p.p. 0.9 p.p. Efficiency Rate 59.97% 61.85% 64.40% p.p p.p. *YTD Source: BRB Accounting Data Investor Relations page 11

12 Funding s composition Term Deposits - March/2013 Distribution 6% 0% 2.2% 1.2% 0.9% 1.1% 0.9% 1.3% 1.3% 1.7% 20.1% 17.9% 16.8% 17.4% 16.4% 16.5% 18.6% 19.8% 23% 5% 26% 40% 5.7% 8.1% 8.0% 7.6% 8.0% 8.2% 9.4% 10.4% Individuals Corporate Related Companies 55.1% 59.6% 61.7% 63.2% 64.0% 63.1% 57.3% 56.5% Term Deposits - December/2012 Distribution 3% 0% 16.9% 13.2% 12.7% 10.7% 10.7% 11.0% 13.4% 11.6% 31% 37% Q12 2Q12 3Q12 4Q12 1Q13 Demands Deposits Term Deposits Judicial Deposits Saving Deposits Others 2% 27% Individuals Corporate Related Companies Investor Relations page 12

13 Subordinated Financial Bills + DPGE 221, , , ,631 81, , , ,301 SFB DPGE R$ thousand 4Q Q Q Q Q Q2013 Source: BRB Investor Relations page 13

14 Assets and ROAA % 3.1% 2.7% 1.2% 8, % 8, % 9, % 10, % 2.4% 9,805 9,798 3,0% 1,0% ,612 7,734-1,0% ,620-3,0% ,0% R$ million ,0% (1.000) Q12 2Q12 3Q12 4Q12 1Q13-9,0% Source: BRB Assets ROAA Investor Relations page 14

15 Credit Portfolio Composition 5.1% 5.9% 6.7% 7.0% 6.5% 6.0% 5.8% 6.4% 6.3% 2.5% 2.9% 3.4% 3.8% 3.5% 4.0% 3.9% 4.3% 4.1% 18.2% 15.8% 15.4% 17.0% 17.4% 16.5% 16.1% 16.7% 16.9% 74.2% 75.2% 74.4% 72.2% 72.6% 73.5% 74.2% 72.3% 72.7% Q12 2Q12 3Q12 4Q12 1Q13 Source: BRB Individuals Corporate Agribusiness Housing Investor Relations page 15

16 Credit Portfolio Composition 1Q2013 4Q2012 1Q2012 1Q2013/ 4Q2012 1Q2013/ Business Credit 5,926,007 5,674,990 4,792, % 23.64% Individuals 4,808,463 4,611,495 3,864, % 24.41% Corporate Commerce 463, , , % 33.04% Corporate Industry 118, , , % 4.91% Corporate Others 535, , , % 14.80% Agribusiness Credit 272, , , % 47.60% Housing Credit 414, , , % 21.39% State Public Sector Industry 953 1,127 1, % % Interbanks 26,386 27, % 14,977.71% T O T A L 6,640,402 6,382,219 5,320, % 24.80% Source: BRB Investor Relations page 16

17 Opening Business Credit Individuals* Balance Operations Average Average Term (m) Operations Quantity INDIVIDUALS OVERDRAFT 171,125,000 1, ,007 PUBLIC PERSONAL CREDIT 766,361,000 6, ,439 INDIVIDUALS MICROFINANCE 46, PERSONAL CREDIT 65,470,000 2, ,211 TERM ACCOUNT 664,000 1, PAYMENT IN ADVANCE 26,464, ,269 PROMISSORY NOTES 11,000 5, dias 2 PAYROLL LOAN 2,517,801,000 11, ,183 ACCOUNT LOAN 81,536, CRED REFORMA 1,413,000 7, BENEFITS IN ADVANCE 4,484,000 2, ,001 VACATIONS ADVANCE 20,718, ,714 13th SALARY IN ADVANCE 81,203,000 2, ,596 INCOME TAX S REFUND IN ADVANCE 76,819,000 3, ,550 BUSINESS PORTFOLIO S REFINANCING 340,422,000 29, ,562 Investor Relations page 17 * Doesn t include Financeira BRB Source: BRB/SUCRE/GEPEJ

18 Opening Business Credit Corporate* Balance Operations Average Average Term (m) Operations Quantity Investor Relations page 18 CORPORATE S OVERDRAFT WORKING CAPITAL (PROGIRO) PROGIRO MICRO/SMALL CORPORATE 13th SALARY S WORKING CAPITAL ADVANCE ON RECEIVABLES CREDIT CARD GUARANTEED BANK ACCOUNT DISCOUNTED TRADE BILLS PROMISSORY NOTES CHECKS CASHING COLLECTING IN ADVANCE CORPORATE S MICROFINANCES COMPANIE S ERC HOT MONEY REVOLVING CREDIT MINI BRANCHES PROGIRO CORPORATE S CRED REFORMA * Doesn t include Financeira BRB 50,494, ,908, ,627,000 16,734,000 30,268,000 98,637, ,000 19,983,000 42,280, ,096,000 21,386, ,000 1,751, ,000 5,571,000 36,000 7, , , ,047 32, ,547 97, , , , , dias , dias dias 60,527 4, dias 25, , , , dias 84 58, , Source: BRB/SUCRE/GEPEJ

19 Loans Provisions (% portfolio) 6% 5.6% 5.2% Portfolio's Quality 4.6% 4.5% 4.3% 3.3% 3.3% 2.4% R$ million 2,771 3,156 3,793 4,880 5,321 5,667 6,020 6,382 6,640 H G F E D C B SFN¹ = 92.3% AA C = 91.8% A AA Q12 2Q12 3Q12 4Q12 1Q13 ¹Source: Bacen *CMN Resolution 2682/99 Source: BRB Investor Relations page 19 Credit Portfolio Provisions

20 Loans Coverage Ratio Default x Provision (R$ million) Índice de Cobertura Inadimplência dec/ mar/ jun/ sep/ dec/ mar/ Mar/2012 Dec/2012 Mar/13 Mar/2012 Dec/2012 Mar/13 SFN 152% 152% 147% 3.7% 3.6% 3.6% dec/ mar/ jun/ sep/ dec/ mar/ BRB 124% 169% 154% 4.5% 2.7% 2.8% Default Provision Delay Ratio - BRB Conglomerate Coverage Ratio - BRB X SFN 8.07% 5.34% 4.85% 6.80% 7.13% 4.40% 4.46% 3.80% 4.01% 6.01% 5.14% 3.36% 3.04% 2.88% 2.66% 6.70% 3.60% 3.20% 169% 161% 124% 157% 124% 152% 129% 151% 153% 152% 154% 147% dec/11 mar/12 jun/12 sep/12 dec/12 mar/13 sep/11 dec/11 aug/12 sep/12 dec/12 mar/13 Delay > 15 days Delay > 60 days Delay > 90 days BRB SFN Source: Bacen and BRB Investor Relations page 20

21 Shareholder s Equity and ROAE % 37.9% 30.0% 12.9% 21.2% 32.8% 20.8% 25.8% 25.7% 45,0% 25,0% ,0% -15,0% ,0% CAGR = 22.5% -55,0% ,0% R$ million Q 12 2Q 12 3Q 12 4Q 12 1Q 13-95,0% Source: BRB Shareholders' Equity ROAE Investor Relations page 21

22 Capital Structure Reference Equity , , , ,003 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 1Q13 Tier I Tier II BIS Ratio Composition 1Q % 1Q % 1Q % Basel 1Q % 1Q % 1Q % Tier II 2.23% Tier I 11.16% Source: BRB Investor Relations page 22

23 Income Statement 1Q2013 1Q2012 1Q2013/ 1Q2012 Financial Intermediation s Income 439, , % Loans 408, , % Others 30,587 67, % Financial Intermediation s Income (143,370) (186,873) % Financial Intermediation s Gross Balance 295, , % Other Operational Revenues 132, , % Other Operational Debts (311,225) (265,004) 17.44% Operational Balance 116,964 89, % Non Operational Balance (6,788) (2,813) % EBITDA 110,176 86, % Taxes (39,323) (30,937) 27.11% Profit Sharing (9,809) (7,977) 22.97% Net Profit 59,056 44, % Source: BRB Investor Relations page 23

24 NIM and Financial Intermediation s Gross Balance ,0% % 21.9% 24.2% 18.5% 20.0% 17.9% 18.6% 25,0% 20,0% ,089 15,0% ,0% ,0% ,0% Q Q2013-5,0% Gross Balance NIM Source: BRB Investor Relations page 24

25 Efficiency Rate and Administrative Expenses % 62.0% 61.9% % 58.0% 58.0% 60.0% 70,0% 65,0% 60,0% ,0% 50,0% Administratives 45,0% Staff Efficiency 40,0% 35,0% Q Q ,0% 25,0% 20,0% Branches Employees 2,283 2,379 2,474 2,638 2,751 3,073 3,225 Source: BRB Investor Relations page 25

26 Revenues Diversification 12% 0% 9% 6% 12% 59% 4% 5% 4% 5% 5% 5% 7% 0% 0% 2% 2% 2% 2% 2% 11% 11% 11% 10% 10% 11% 11% 6% 5% 4% 4% 5% 5% 5% 14% 15% 11% 10% 10% 5% 4% 67% 68% 71% 67% 63% 63% 70% Others Compulsory appliances Interests in Subsidiaries Services Bank fees Securities Loans Q Q Q Q Q 2013 Source: BRB Investor Relations page 26

27 Net Profit and Profits Distribution mar/08 jun/08 sep/08 dec/08 mar/09 jun/09 sep/09 dec/09 mar/10 jun/10 sep/10 dec/10 mar/11 jun/11 sep/11 dec/11 mar/12 jun/12 sep/12 dec/12 mar/13 Net Profit (R$ million) Q 10 2Q 10 3Q 10 4Q Q 11 2Q 11 3Q 11 4Q Q 12 2Q 12 3Q 12 4Q Q Profits Distribution (R$ million) IOC Dividends ,0 1S08 2S08 1S09 2S09 1S10 2S10 1S11 2S11 1S12 2S mar/ mar/ Equity Value (R$) mar/ mar/ mar/ mar/ Source: BRB Investor Relations page 27

28 CVM Instruction 695/2012 Following the changes in accounting pronouncement CPC 33 (R1), approved by CVM Deliberation 695, December 13, 2012, that alterate the actuarial gain/loss accounting way of post-employment benefits for Shareholder s Equity, quarterly financial informations are being retrospectively presented, in order to obey Technical Pronouncement CPC 23 Accounting Politics, Estimate s Changes and Error Adjustement. Obeying this regulation, was produced a Technical Report of the Revaluation of Actuarial Obligations Provision, based on 12/31/2012, made by Vesting Consulting, where it was calculated a R$ 190,114 thousand deficit. Considering contributive parity and taxes effects, we determined that BRB s responsability over the actuarial deficit indicated, corresponding to 50% of the determined value, is R$ 57,034 thousand, which leads to a same value adjustement on BRB s Shareholders Equity and Noncurrent Liabilities. BRB s Administration concluded that recognizing the adjustement according to contributive parity is completely supported by Complementary Law nº 108/2001 and by the Constitutional Emend s nº 20 5th article, from December 15, Based on the exposed, we disagree with KPMG s reservation on the st Quarter Accounting Statements. Investor Relations page 28

29 Contact Chief Financial and Investor Relations Officer Investors Relations - IR SBS - Quadra 1 - Bloco E - Ed. Brasília 8th floor Brasília (DF) - Brazil Telephone: (+55 61) ri@brb.com.br Investor Relations page 29