Institutional Presentation & Results (July)

Transcription

1 Institutional Presentation & Results 2011 (July) 1

2 Economic Data RS and Brazil Rio Grande do Sul Brasil Demographic Data Population (In million inhabitants) % of population Area (In million Km 2 ) % of Brazil's territory Number of Municipalties % of Municipalties Population Density (2010) (Inhabitants/Km 2 ) Social Indicators Human Development Life Expectancy Child Mortality Rate (per 1,000 inhabitants) Unemployment Rate 7.8% 11.0% Illiteracy Rate 6.4% 11.1% Macroeconomic Indicators Inflation (IPCA YTD August 2011, %)

3 Economic Data RS and Brazil Economic Indicators Rio Grande do Sul Brazil GDP per capita (in R$ Thousands) GDP 2011 as of July (preliminary data) 6.7% 4.0% GDP 2010 (in R$ million) ,0 6.3% Exportations (as of July 2011) 11,1 140,5 7.9% Rio Grande do Sul's GDP - Performance from Previous Quarter 2Q2010 3Q2010 4Q2010 1Q2011 2Q2011 ITAP - FEE (State Economic Foundation) Agriculture Industry Services Source: IBGE, FEE 3

4 Credit Data Source: BCB Séries Temporais 4

5 Banrisul Founded in September 12, 1928; First listed in September 16, 1931; Corporate Governance Level 1 in Bovespa, July 31, 2007; TAG ALONG of 100% to all classes of shares; Tickers BRSR3, BRSR5 and BRSR6; employees and interns June/11. 5

6 Banrisul 6

7 Banrisul Group 7

8 Service Network and Market Share In R$ Million Banrisul's Service Network Branches Services posts Eletronic Sales points 539 Total number of Banrisul s service points 1,259 State of Rio Grande do Sul population coverage 97.95% State of Rio Grande do Sul s GDP Coverage 98.31% Brazil Rio Grande do Sul Market Share Jun/11 Mar/11 Dec/10 Dec/10 Demand Deposits % % % % Savings Deposits % % % % Time Deposits % % % % Loan Portfolio % % % % Nº of Branches % % % % Domestic Rating Indicators Dec/06 Dec/07 Dec/08 Dec/09 Dec/10 Mar/11 Total Assets 14 th 14 th 12 th 10 th 11 th 11 th Shareholders' Equity 18 th 14 th 13 th 11 th 12 th 12 th Total Deposits 12 th 11 th 10 th 8 th 8 th 8 th No. of Branches 10 th 10 th 8 th 7 th 7 th 7 th Source: Central Bank of Brazil - Ranking of 50 Largest Banks 8

9 Corporate Governance 408,974,477 Total Shares 205,043,374 ON 3,627,859 PNA 200,303,244 PNB FREE FLOAT 42.8% 56,818 shareholders 50,596 Individuals 6,222 Companies Market Capitalization 08/11/2011 R$ 6.2 Billlion US$ 3.9 Billion 9

10 Corporate Governance 10

11 Jun/10 Jul/10 Aug/10 Sep/10 Oct/10 Nov/10 Dec/10 Jan/11 Feb/11 Mar/11 Apr/11 May/11 Jun/11 Jul/11 Aug/11 Sep/11 85% 86% 88% 89% 92% 94% 93% 95% 95% 96% 96% 95% 96% 95% 95% 96% Corporate Governance BANRISUL PNB (BRSR6) - Shareholding per shareholder (%) FREE FLOAT 14% 13% 11% 9% 7% 6% 5% 5% 4% 3% 3% 4% 3% 4% 4% 3% Foreign Investor Domestic Investor (Individual) Domestic Investor (Non-Individual) 11

12 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Corporate Governance BANRISUL PNB (BRSR6) - Shareholder Profile FREE FLOAT Domestic Investor (Individual) Foreign Investor Domestic Investor (Non-Individual) 12

13 set-10 out-10 nov-10 dez-10 jan-11 fev-11 mar-11 abr-11 mai-11 jun-11 jul-11 ago-11 set-11 1,248 1,241 1,196 1,161 84,558 76,581 66,773 61,694 37,633 1,165 41,031 1,156 29,680 1,025 33,281 1,040 37,837 1,138 43,029 1,187 38,023 1,214 50,415 1,268 39,768 1, , , , , , , , , , , , , ,435 Corporate Governance Banrisul PNB (BRSR6) Average Shareholding by Type of Investor Foreign Investor Domestic Investor (Non-Individual) Domestic Investor (Individual) 13

14 09-Sep Sep Oct Oct Nov Nov Dec Dec Dec Jan Jan Feb Feb Mar Mar Apr Apr May May Jun Jun Jun Jul Jul Aug Aug Sep-11 Capital Market Performance Banrisul PNB X Financial Institutions X SELIC Rate (12-Month Performance) 30% Banrisul Bradesco Banco do Brasil Itausa Itau + Unibanco Santander SELIC 20% 10% 0% -10% -20% -30% -40% 14

15 Capital Market Banrisul PNB X Bovespa Index Until 9/15/ % 180% 170% 160% 150% 140% 130% 120% 110% 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% -10% 0% -20% -30% Day WeeK Month Quarter Semester Year 12 Months 24 Months 36 Months % 54.55% 8.28% 3.34% -2.16% 6.32% -3.52% -4.82% -5.03% 0.17% -2.52% 3.79% -7.66% 16.45% % % % -4.86% PNB IBOV IGC ITAG IBRX IFNC MLCX IGTC IBRA 15

16 Rate of Growth 16

17 Total Assets In R$ Million D% - Jun/11 3M 6M 12M 5.5% 8.2% 11.8% 34, , % Other Assets 32, % 32, ,127.7 Securities 31, % Loans Jun10 Sep10 Dec10 Mar11 Jun11 Jul11 17

18 Total Funding In R$ Million D% - Jun/11 3M 6M 12M 3.2% 4.0% 12.6% 24, , , , % 26, ,163.7 Jun10 Sep10 Dec10 Mar11 Jun11 Jul11 18

19 14, , , , , , , , , , , , , % 95. 0% 90. 0% 85. 0% 80. 0% 75. 0% 70. 0% Funds Raised and Under Management F U N D I N G 11, , , , , , , , , , , , , , , , , , , , , , , ,372.1 Cost of Funding In proportion to the Selic Rate 94.7% 78.2% 91.2% 74.6% 92.2% 73.2% In R$ Million 87.7% 88.5% 74.2% 72.2% Jun10 Sep10 Dec10 Mar11 Jun/11 Jul/11 Time Deposits Demand Deposits Savings Deposits Assets under Management Jun10 Sep10 Dec10 Mar11 Jun/11 Time Deposits Total Funding Jul/11 Jun/11 Mar11 D% Jul11-Mar11 D% Jul11-Jun11 Depósitos a Prazo 46.7% 45.8% 43.3% 12.8% 3.3% Depósitos de Poupança 19.4% 19.8% 21.1% -3.8% -0.5% Depósitos à Vista 9.7% 10.3% 11.0% -7.5% -4.6% Recursos de Terceiros 24.1% 24.1% 24.6% 2.3% 1.3% TOTAL 100.0% 100.0% 100.0% 0.8% 3.2% 19

20 Credit Portfolio Allowance for Loan Losses In R$ Million 15, , , , , , % 6.9% 6.5% 6.4% 6.5% 6.5% 1, , , , , ,243.7 Jun10 Sep10 Dec10 Mar11 Jun11 Jul11 Lending Operations Allowance for Loan Losses 20

21 Credit Breakdown In R$ Million Rural 1, % Real State 1, % Other 1, % Companies 6,511.2 Oher - Companies 1, % Working Capital 4, % Commercial 14, % Individuals 8,361.2 Other - Individuals 2, % Payroll Loans 6, % Own 3,676.0 Acquired 2,

22 Commercial Credit Portfolio (Breakdown) D% - Individuals (jun/11) 3M 6M 12M In R$ Million 5.3% 11.0% 19.1% D% - Companies (jun/11) 3M 6M 12M 5.3% 11.0% 28.2% 7, , , , , , , , , , , ,511.2 Jun10 Sep10 Dec10 Mar11 Jun11 Jul11 Individuals Companies 22

23 Credit Portfolio - Indicators 269.3% 297.3% 286.3% 281.1% 273.2% Cover Ratio > 90 Days Cover Ratio > 60 Days Normal Risk (AA to C) 226.4% 230.1% 263.6% 241.7% 243.5% 235.6% 89.2% 89.4% 89.5% 89.1% 89.1% 89.1% 7.2% 6.9% 6.5% 6.4% 6.5% 6.5% Total Provisions / Loan Book NPL > 90 Days NPL > 60 Days 3.2% 3.0% 2.6% 2.5% 2.7% 2.7% 2.7% 2.2% 2.3% 2.3% 2.4% Jun10 Sep10 Dec10 Mar11 Jun11 Jul11 23

24 Securities Net of Repos In R$ Million D%- Jun/11 3M 6M 12M 1.8% 4.1% -1.8% 10, , , , , , ,9% Jun10 Sep10 Dec10 Mar11 Jun11 Jul11 24

25 Revenues from Credit and Leasing Operations In R$ Million % 3, ,.0% 2, , , , , , , Q10 3Q10 4Q10 1Q11 2Q11 Jul11 1H10 1H11 7M11 25

26 Allowance for Loan Losses In R$ Million % % Q10 3Q10 4Q10 1Q11 2Q11 Jul11 1H10 1H11 7M11 26

27 Funding Expenses In R$ Million % 1, % Q10 3Q10 4Q10 1Q11 2Q11 Jul11 1H10 1H11 7M11 27

28 Financial Margin In R$ Million , % 1, % 1, Q10 3Q10 4Q10 1Q11 2Q11 Jul11 1H10 1H11 7M11 28

29 Administrative Expenses D% In R$ Million D% 1S11/ 1S % 14.7% Q11/1Q % % Q10 3Q10 4Q10 1Q11 2Q11 Jul11 1H10 1H11 7M11 Personnel Expenses Other Administrative Expenses Total 29

30 Net Income Earnings per Share R$ In R$ Million R$ R$ R$ R$ R$ R$ R$ R$ R$ R$ R$ R$ Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul , , Q10 3Q10 4Q10 1Q11 2Q11 Jul11 1H10 1H11 7M11 30

31 Interest on Capital / Dividends In R$ Million Q11 gross amount. 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 31

32 Shareholders Equity In R$ Million D% - Jun/11 3M 6M 12M 2.7% 6.8% 14.7% 3, , , , , ,195.7 Jun10 Sep10 Dec10 Mar11 Jun11 Jul11 32

33 Formation of Quarterly Results (3Q11 July) 33

34 Key Ratios 50.5% 48.5% 47.8% 45.8% 45.0% 44.6% 18.2% 19.5% 20.4% 23.3% 23.2% 23.0% 16.2% 15.8% 16.1% 15.8% 15.6% 14.9% 2.4% 2.6% 2.9% 2.6% 2.7% 2.6% Jun10 Sep10 Dec10 Mar11 Jun11 Jul11 Efficiency Ratio Basel Ratio (Tier I) ROE ROA 34

35 Banricompras Financial Turnover (in R$ million) 2, , , , , , , , Q10 3Q10 4Q10 1Q11 2Q11 Jul-11 1H10 1H11 7M11 Transactions (in million) Q10 3Q10 4Q10 1Q11 2Q11 Jul-11 1H10 1H11 7M11 35

36 Competitors RoAA RoAE Cost of Funding NPL (as% of Loan Book) Coverage Ratio NPL > 60 days Provision Cost Oves Loan Book (YTD) Efficiency Ratio Basel Ratio Net Income 1H11 2.7% 23.2% 4.4% 6.5% 243.5% 2.7% 1.5% 45.0% 15,6 44% 1H10 2.4% 18.2% 3.7% 7.2% 226.4% 3.2% 1.8% 50.0% 16,2 45% 1H11 1.7% 22.9% 5.5% 5.8% 129.3% 4.5% 1.7% 44.2% 14,7 22% 1H10 1.7% 22.1% 4.3% 6.4% 131.0% 4.9% 1.8% 47.2% 15,9 12,1% 1H11 1.9% 23.7% 4.9% 6.6% 120.0% 5.5% 2.6% 39.1% 16,1 11% 1H10 2.0% 25.7% 4.3% 7.7% 137.2% 5.6% 2.6% 40.9% 15,7 40% 1H11 0.9% 5.7% 5.9% 6.1% 118.3% 5.2% 3.3% 44.3% 21,4-10% 1H10 1.1% 6.3% 5.0% 6.0% 106.9% 5.6% 2.9% 47.7% 23,4 100% 1H11 1.5% 25.4% 4.8% 4.6% 186.1% 2.5% 1.4% 43.6% 14,4 24% 1H10 1.4% 28.7% 4.0% 5.5% 176.2% 3.1% 1.7% 45.6% 12,8 27% 36

37 Competitors In R$ Million Credit Operations Loan Book Funding Credit Revenues Financial Margin Personal Expenses Average 20% 16% 19% 21% 13% 1H11 18,809 19,801 2,019 1, H10 15,442 17,145 1,618 1, % 15% 25% 17% 15% 1H11 298, ,561 22,681 20,705-5,041 1H10 245, ,452 18,861 16,532-4,358 21% 20% 20% 25% 16% 1H11 360, ,914 30,555 26,915-6,578 1H10 294, ,671 26,472 22,453-5,896 22% 10% 15% 20% 12% 1H11 175, ,677 16,547 15,042-2,654 1H10 150, ,515 14,503 12,223-2,407 17% 19% 14% 23% 10% 1H11 383, ,151 30,951 20,638-6,802 1H10 326, ,961 25,908 17,381-6,125 17% 15% 19% 19% 11% 37

38 Guidance Estimate Banrisul Guidance H11/1H10 Credit Portolio 15% to 20% 21.8% Commercial Credit - Individuals 12% to 17% 19.1% Commercial Credit - Companies 16% to 21% 28.2% Real Estate Loans 18% to 23% 26.0% Provision Cost/Average Credit Portfolio 3% to 4% 3.1% Allowance for Loan Losses/Average Credit Portfolio 6% to 8% 6.5% Funding 15% to 20% 12.6% Time Deposits 35% to 40% 32.1% Return on Average Shareholders' Equity 19% to 23% 23.2% Efficiency Ratio 44% to 48% 45.0% Net Financial Margin/Interest-Earning Assets 10% to 11% 10.6% 38

39 This presentation contains forward-looking statements relating to the prospects of the business, estimates for operating and financial results, and those related to growth prospects of BANRISUL. These are merely projections and, as such, are based exclusively on the expectations of BANRISUL s management concerning the future of the business andits continued access to capital to fund the Company s business plan. Such forwardlooking statements depend, substantially, on changes in market conditions, government regulations, competitive pressures, the performance of the Brazilian economy and the industry, among other factors and risks disclosed inbanrisul s filed disclosure documents and are, therefore, subject to change without prior notice. 39

40 BANCO DO ESTADO DO RIO GRANDE DO SUL S.A. Investor Relations Web Site: Phone: Fax: