1 / 20

Unibanco´s Consolidated Results for the Period Ended March 31, 2001

Unibanco´s Consolidated Results for the Period Ended March 31, 2001. Conference Call. May 10, 2001. Mar/01. Dec/00. Mar/00. Results and Capitalization. QoQ%. YoY%. Net income (R$ million) 210 183 203 14.8% 3.4% Earnings/1000 shares 1.50 1.49 1.66 0.7% (9.6%)

karleigh-carpenter
Download Presentation

Unibanco´s Consolidated Results for the Period Ended March 31, 2001

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Unibanco´s Consolidated Results for the Period Ended March 31, 2001 Conference Call May 10, 2001

  2. Mar/01 Dec/00 Mar/00 Results and Capitalization QoQ% YoY% Net income (R$ million) 210 183 203 14.8% 3.4% Earnings/1000 shares 1.50 1.49 1.66 0.7% (9.6%) Net worth (R$ million) 5,714 5,504 4,195 3.8% 36.2% ROAE 15.9% 17.6% 21.4% ROAA 1.6% 1.7% 2.3% BIS Ratio - Central Bank 15.3% 16.5% 17.6%

  3. Loan Growth In R$ million YoY% QoQ% Mar/01 Dec/00 Mar/00 55.7% 10,254 6.1% 10,874 6,984 General Purpose Lending 3,802 10.3% 4,193 3,145 Trade Finance 33.3% 14,056 7.2% 48.8% Subtotal 15,067 10,129 3,398 12.9% 67.4% 3,835 2,291 Personal Loans 507 (6.3%) 0.2% 475 474 Real Estate 931 (3.0%) 4.0% 903 868 Leasing 2,367 (3.9%) 46.6% 2,274 1,551 Credit Cards 7,203 3.9% 44.4% Subtotal 7,487 5,184 21,259 6.1% 47.3% Total 22,554 15,313 UBB w/o Bandeirantes and 50% Fininvest 20,295 18,735 15,313 8.3% 32.5%

  4. Loan Breakdown March 2001 December 2000 Corporate Middle Corporate Middle Market Market Private Private 1% 17% Credicard and Fininvest 16% 1% Credicard and Fininvest 10% 9% 42% 41% Large Corporate Large Corporate 32% 31% Retail Banking Retail Banking R$ 21,259 million R$ 22,554 million

  5. Credit Quality 23,473 22,148 17,833 9% 17,327 9% 11% 16,013 7% 10% 8% 10% 10% 8% 12% 10% 10% 14% 9% 31% 10% 30% 28% 27% In R$ million 27% 39% 41% 45% 44% 41% 1Q00 2Q00 3Q00 4Q00 1Q01 AA A B C D-H

  6. Over 60 Days Past Due Credits / Total Loans 4.0% 3.8% 4% 3.3% 3.2% 3.4% 3% 2.8% 2.8% 2% 1Q00 4Q00 1Q01 UBB Consolidated Stand Alone + 50% Fininvest With 100% Fininvest With Bandeirantes

  7. Loan Loss Provisions In R$ million 1Q01 4Q00 1Q00 2000 1999 Provision for loan losses (initial balance) 1,484 1,172 972 972 893 Expenses with provisions for loan losses 382 365 312 1,242 1,398 Incorporated Balances - 406 34 491 - Loan charge-offs (305) (459) (183) (1,221) (1,319) Provision for loan losses (final balance) 1,561 1,484 1,135 1,484 972 Net charge-off / Total loan portfolio 1.0% 1.7% 0.5% 3.9% 5.0% Loan recovery 82 89 103 383 528

  8. Funding In R$ million Mar/01 Dec/00 Mar/00 QoQ% YoY% 30,481 29,640 16,526 2.8% 84.4% Funding in local currency Funding in foreign currency 11,478 10,250 8,639 12.0% 32.9% Total funding 41,959 39,890 25,165 5.2% 66.7% Assets under management 20,320 20,467 15,016 (0.7%) 35.3% 40,181 62,279 60,357 3.2% 55.0% Total Customer Funds UBB w/o Bandeirantes and 50% Fininvest 40,181 57,306 54,936 4.3% 42.6%

  9. Deposits In R$ million QoQ% YoY% Mar/01 Dec/00 Mar/00 Demand Deposits 2,484 2,392 1,418 3.8% 75.2% Saving Deposits 3,680 3,706 2,802 (0.7%) 31.3% Interbank Deposits 212 199 32 6.5% 562.5% 7,720 7,053 4,239 9.5% 82.2% Time Deposits Total Deposits 14,096 13,350 8,491 5.6% 66.0% UBB w/o Bandeirantes and 50% Fininvest 11,694 11,009 8,491 6.2% 37.7%

  10. Fee Income In R$ million QoQ% YoY% 1Q01 4Q00 1Q00 Tariffs and comissions 250 228 181 9.6% 38.1% Credit Cards 182 180 134 1.1% 35.8% Asset Management 66 62 49 6.5% 34.7% Total 498 470 364 6.0% 36.8% UBB w/o Bandeirantes and 50% Fininvest 450 445 364 1.1% 23.6%

  11. Highlights In R$ million Profit from Financial Intermediation Fees & Tariffs 1000 600 6% 26% 819 498 470 800 650 631 400 364 600 400 200 200 0 0 1Q00 4Q00 1Q01 1Q00 4Q00 1Q01 Personnel & Adm. Expenses 1000 912 2% 893 800 665 600 400 200 0 1Q00 4Q00 1Q01

  12. Personnel and Administrative Expenses In R$ million 1Q01 4Q00 1Q00 QoQ% YoY% Personnel Expenses 383 346 261 10.7% 46.7% Administrative Expenses 529 547 404 (3.3%) 30.9% Total Expenses 912 893 665 2.1% 37.1% UBB w/o Bandeirantes and 50% Fininvest 709 778 665 (9.1%) 6.6%

  13. Fees & Tariffs / Personnel & Adm. Expenses 52.7% 54.8% 54.8% 912 893 665 R$ Million 498 470 364 1Q00 4Q00 1Q01 Fees & Tariffs / Personnel & Adm. Expenses Personnel & Adm. Expenses Fees & Tariffs

  14. Efficiency Ratio 64.7% 60.8% 58.6% 57.9% 55.2% 1Q00 2Q00 3Q00 4Q00 1Q01 Administrative Expenses / (Profit from Financial Intermediation - Allowance for loan losses + Fees & Tariffs + Other Taxes + Other Operating income/Expenses)

  15. Consolidated Income Statement In R$ million YoY% QoQ% 1Q01 4Q00 1Q00 Revenue from financial intermediation 2,416 1,951 1,460 23.8% 65.5% Expense on financial intermediation (1,597) (1,301) (829) 22.8% 92.6% Profit from Financial Intermediation 819 650 631 26.0% 29.8% Fee Income 498 470 364 6.0% 36,7% Insurance, capitalization and private retirement plans 441 372 333 18.6% 32.4% Personnel/Administratives (912) (893) (665) 2.1% 37.1% Operating Income 286 123 227 132.5% 26.0% Net Income 210 183 203 14.8% 3.3%

  16. Effects of FX on Investments Abroad - 1Q01 In R$ million Effects of FX on investments abroad 170.8 Impact of Hedge on investments abroad (77.8) Gross Result 93.0 Cost of Opportunity (CDI) (56.4) Managerial Result 36.6

  17. Priorities for 2001 Integration of Banco Bandeirantes Organic Growth Fininvest synergies and cross-selling

  18. 563 Bandeirantespoints of sales: Estimated cost reduction of 35% of Banco Bandeirantes’ annual costs, to be fully reached by 4Q01, fully impacting 2002 financials By Mar/01, approximately 50% of the cost reduction was reached, ahead of schedule of 40%. Integration of Banco Bandeirantes • 494 will become Unibanco points of sale • 69 will be merged into existing units

  19. Banco Fininvest • Will remain as an independent brand • 3-year back-office integration plan (with retail bank and UBB credit card company) • Increase cross-selling effort of UBB products

  20. Organic Growth 3-Year Goals: • Open 259 points of sale(66 full branches) • Open 1.8 Million accounts • Organic growth in 1Q01:11% annual running rate

More Related