1 Conference Call – 3rd Quarter 2011 Sergio Lulia Jacob Alexandre Sinzato, CFA Financial Vice-President Head of Investor Relations Nov | 8th | 2011
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1
Conference Call – 3rd Quarter 2011
Sergio Lulia Jacob Alexandre Sinzato, CFAFinancial Vice-President Head of Investor Relations
Nov | 8th | 2011
2
Highlights
2
Net Income in 3Q11 totaled BRL 58.5 million.
Annualized Return on Equity (ROAE) reached 16.2% pa in 3Q11.
The credit portfolio including guarantees issued reachedBRL 12,539.0 million by the end of September 2011.
The Net Interest Margin (NIM) and the Efficiency Ratioreached 5.7% pa and 36.4%, respectively.
The quality of the credit portfolio remained high, with98.0% of credit operations rated between AA and C.
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1,401.8 1,564.6 1,611.3 1,712.6 1,799.7
9,323.9 10,023.8 10,314.3 10,522.2 10,729.3
3Q10 4Q10 1Q11 2Q11 3Q11
1,365.3 1,520.4 1,573.9 1,680.0 1,756.6
5,784.0 6,109.0 5,905.2 5,788.7 5,997.3
3Q10 4Q10 1Q11 2Q11 3Q11
Credit Portfolio
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Loan Portfolio
Total Portfolio
16.8%
2.4%
86% 87% 86% 86% 86%
14% 13% 14% 14% 14%
10,725.7 11,588.4 11,925.6 12,234.8 12,529.0
79% 81% 80% 78% 77%
20% 19% 20% 22% 23%
8.5%
7,149.4 7,629.5 7,479.1 7,468.7 7,753.9
BRL Million
Corporate
Middle
Corporate
Middle
3.8%
4
Business Segments
4
Loan Portfolio
CorporateCompanies with annual revenues
over BRL 250 million
Loan Portfolio
Middle MarketCompanies with annual revenues
from BRL 30 to 250 million
Total Portfolio Total Portfolio
28.4%
5.1%
3.7%
3.6%
28.7%
4.6%
9,323.9 10,023.8 10,314.3 10,522.1 10,729.3
3Q10 4Q10 1Q11 2Q11 3Q11
1,401.7 1,564.5 1,611.3 1,712.6 1,799.7
3Q10 4Q10 1Q11 2Q11 3Q11
5,784.0 6,109.0 5,905.2 5,788.7 5,997.3
3Q10 4Q10 1Q11 2Q11 3Q11
1,365.3 1,520.4 1,573.9 1,680.0 1,756.6
3Q10 4Q10 1Q11 2Q11 3Q11
(BRL Million)
15.1%
2.0%
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Segments Highlights
5
Minas Gerais / Goiás
South
Rio de Janeiro
São Paulo Countryside
São Paulo Capital
Corporate Middle Market
Average Ticket
(BRL Million)
Average Tenor
(days)
Total Number
of Clients
Clients with
Credit Exposure
Sep/10 Jun/11 Sep/11 Sep/10 Jun/11 Sep/11
Credit Portfolio
(BRL Million)
BRL million
667 728 738
564 524 520
16.5 20.1 20.7
376 367 362
869 1,040 1,104
654 840 839
2.1 2.0 2.1
257 234 225
57% 54% 55%
21% 20% 19%14%
17% 16%8%10% 10%
Sep/10 Jun/11 Sep/11
45% 43% 42%
10%12% 12%10%10% 9%30%
28% 28%6%
7% 9%
Sep/10 Jun/11 Sep/11
1,402 1,713 1,8009,354 10,522 10,729
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Geographical Presenceand Expansion Plan
6
Business Platforms
Corporate Middle
São Paulo Capital 3 4
São Paulo Countryside 1 2
South 1 3
Rio de Janeiro 1 1
Minas Gerais - 1
Midwest - 1
TOTAL 6 12
Presence in 23 citiesOffices
São Paulo Capital São Paulo
São PauloCountryside
Araçatuba, Bauru, Campinas, Ribeirão Preto, São José do Rio Preto, Sorocaba and Taubaté.
SouthCuritiba, Londrina, Blumenau, Criciúma, Caxias do Sul, Novo Hamburgo, Passo Fundo and Porto Alegre
Rio de Janeiro Rio de Janeiro
Minas Gerais Belo Horizonte and Uberlândia
Midwest Brasília, Goiânia, Campo Grande and Cuiabá
Note: Cities in bold indicate where there was office opened in 2011
Presence in 23 cities and 9 newOffices opened in 2011
RO
AC
AM
RR
PA
AP
MA
PI
CE
BA
MG
ES
RJSP
PR
SC
RS
MS
MT
GO
DF
RNPB
PE
AL
SE
TO
ABC BrasilOffices
77
Credit Portfolio Quality
Loan Loss Reserves (% portfolio)
Write Off in the quarter (% portfolio)
Past Due above 90 days (% portfolio)
Transactions between D-H rating(Resolution 2682 of Brazilian Central Bank)
0.66%
1.27%
0.95%
1.84%
2.28%
1.04%
0.69%0.60%
0.71%
0.39%0.57%
0.40%0.51%
0.21%0.34%
0.64%
1.18%
0.65%0.57%
0.11% 0.17% 0.15%0.19%
0.12% 0.10%0.38%
0.98%
0.52%0.51%
0.05% 0.06% 0.08% 0.09%
4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11
Middle
Total
Corporate
2.30% 2.24%
4.03%
5.54%
3.65%3.33%
3.60% 3.59% 3.45%3.02%
1.03% 1.05%
2.23%2.98%
2.25%1.92% 1.62% 1.72% 1.69% 1.69%
0.79%0.74%
1.80%2.29%
1.83%
1.13% 1.22% 1.18% 1.30%
4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11
Middle
Total
Corporate
0.08%
0.26%
0.13%
0.75%0.69%
0.21%
0.50%
0.27%
0.47%
0.32%
0.77%
0.04%
0.11%0.04% 0.04%
0.16%
0.28%
0.09%
0.32%
0.12%0.16%
0.08%0.10%0.06%
0.21%
0.03% 0.08%0.01% 0.00%
0.13%0.04%
0.27%
0.00%0.07%
0.03% 0.00% -0.01%0.05%
4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11
Middle
Total
Corporate
0.5% 0.6% 0.7%0.6%
2.4%
4.1%
6.1%
5.0%
4.1%
3.1% 3.0%2.4% 2.1% 2.0% 1.9% 2.0%
4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11
D-H
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Funding
8
3Q10 4Q10 1Q11 2Q11 3Q11
1,924.5 1,723.3 1,792.5 1,938.8 2,156.3
3,113.9 3,314.7 3,271.6 3,525.7 3,798.3
2,140.5 2,386.7 2,387.7 2,240.9 2,317.3
1,827.6 1,836.3 1,872.9 1,886.1 2,065.7
9,006.4 9,261.0 9,324.7 9,591.5 10,337.6 Total
16% 14% 14% 14% 14%
6% 6% 5% 5% 6%Subordinated Debt
Shareholders' Equity
20% 24% 26% 26% 22%BNDES
21% 19% 19% 20% 21% International
10% 11% 11% 10% 12%
9% 9% 9% 10%10%
6% 6% 7% 7%7%10% 10% 8% 10%8%
Individual Investors
Financial Institutions
Institutional Investors
Corporate Investors
35%36% 35% 37%
37%
(BRL Million)
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Basel Index & Shareholders´ Equity
9
12.1% 11.7% 11.6% 11.6% 11.4%
4.8% 4.3% 4.1% 3.8% 4.4%
3Q10 4Q10 1Q11 2Q11 3Q11
Tier II
Tier I (Core Capital)
Shareholders' Equity(BRL Million)
16.9% 16.0% 15.7% 15.4%15.8%
1,312.1 1,347.9
1,384.3 1,424.2
1,460.2
Capital Adequacy (BRL million) 3Q11 2Q11 3Q10Chg(%)/p.p.
3Q11/2Q11
Chg(%)/p.p.
3Q11/3Q10
Capital 2,025.7 1,886.4 1,833.0 7.4% 10.5%
Mininum Capital Required 1,410.9 1,346.9 1,195.9 4.7% 18.0%
Capital Surplus 614.9 539.5 637.1 14.0% -3.5%
Basel Index 15.8% 15.4% 16.9% 0.4 -1.1
Tier I (Core Capital) 11.4% 11.6% 12.1% -0.3 -0.7
Tier II 4.4% 3.8% 4.8% 0.6 -0.4
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Financial Margin
10
NIM (% p.a.)
(BRL million) 3Q11 2Q11 Chg (%) 3Q10 Chg (%) 9M11 9M10 Chg (%)
Net Interest Income before Loan Loss Provision (LLP)146.8 133.5 9.9% 116.9 25.6% 415.7 338.7 22.7%
Financial Margin w ith Clients 137.2 118.7 15.6% 109.7 25.0% 377.7 308.2 22.5%
Financial Margin w ith Market 9.6 14.9 -35.2% 7.2 33.7% 38.0 30.5 24.7%
Managerial Loan Loss Provision (LLP) (21.9) (5.7) 284.5% (8.7) 152.8% (40.3) (33.6) 19.9%
Published Loan Loss Prov ision (LLP) (24.6) (1.7) 1343.2% (8.9) 175.1% (38.6) (31.7) 21.7%
Gain (Loss) w ith Assets Held for Sale* 2.7 (4.0) -166.6% 0.3 904.9% (1.7) (1.9) -10.0%
Managerial Financial Margin 124.9 127.8 -2.3% 108.2 15.4% 375.3 305.1 23.0%
5.1% 5.4% 5.6% 5.5% 5.7% 5.4% 5.6%
3Q10 4Q10 1Q11 2Q11 3Q11 9M10 9M11
*Gain (loss) with assets received in lieu of payment and foreclosed assets.
11
Income from Services
11
Banking Service Fees (BRL million) 3Q11 2Q11 Chg (%) 3Q10 Chg (%) 9M11 9M10 Chg (%)
Guarantees Issued 23.5 22.6 3.8% 17.4 34.5% 66.9 48.8 36.9%
Capital Markets and M&A Fees 2.4 2.8 -16.5% 0.5 413.3% 7.2 4.5 60.8%
Banking Tariffs 4.2 5.4 -22.3% 4.9 -14.4% 16.5 20.2 -18.3%
Total 30.0 30.9 -2.7% 22.8 31.5% 90.5 73.5 23.2%
7.49.9
12.4 14.1 14.9 16.5 17.4 19.6 20.8 22.6 23.5
2.63.1
3.75.1
7.18.1 4.9
6.96.8 5.4 4.2
0.3
0.5
0.0
0.62.4
1.6 0.5
8.22.0 2.8 2.4
1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11
Capital Markets and M&A Fees
Banking Tariffs
Guarantees Issued
(BRL million)
14.0% 14.4%15.9% 17.3%
20.5% 20.1%17.5%
23.4%19.6% 19.1% 19.4%
Income from ServicesTotal of Revenues
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Expenses
12
Efficiency Ratio
Expenses (BRL million) 3Q11 2Q11 Chg (%) 3Q10 Chg (%) 9M11 9M10 Chg (%)
Personnel (28.2) (27.4) 3.0% (23.1) 22.0% (81.7) (66.4) 23.0%
Other administrativ e ex penses (16.6) (16.9) -1.8% (13.7) 21.0% (48.9) (41.6) 17.5%
Profit Sharing (17.0) (16.8) 1.3% (15.0) 13.4% (51.4) (45.9) 12.0%
Total (61.8) (61.1) 1.2% (51.8) 19.2% (182.0) (153.9) 18.2%
37.0% 37.9% 37.7% 38.8% 36.4% 37.5% 37.6%
3Q10 4Q10 1Q11 2Q11 3Q11 9M10 9M11
13
Profitability
13
Net Income (BRL Million) ROAE (% p.a.)
51.1 54.0 56.7 60.2 58.5
148.2175.4
3Q10 4Q10 1Q11 2Q11 3Q11 9M10 9M11
15.8% 16.3% 16.6% 17.2% 16.2% 15.7% 16.7%
3Q10 4Q10 1Q11 2Q11 3Q11 9M10 9M11
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Investor Relations
14
Sergio Lulia Jacob Financial Vice-President
Alexandre Sinzato, CFA Head of Investor Relations
Web Site: www.abcbrasil.com.br/irEmail: [email protected]: +55 (11) 3170-2186
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Disclosure
The following material, on this date, is a presentation containing general information about theBanco ABC Brasil S.A. We offer no guarantee and make no declaration, implicitly or explicitly,as to the accuracy, completeness or scope of this information.
This presentation may include forward-looking statements of future events or results accordingto the regulations of the Brazilian and International securities and exchange commissions.These statements are based on certain assumptions and analyses by the Company that reflectits experience, the economic environment, future market conditions and expected events bythe company, many of which are beyond the control of the Company. Important factors thatmay lead to significant differences between the actual results and the statements ofexpectations about future events or results include the company’s business strategy, Brazilianand International economic conditions, technology, financial strategy, financial marketconditions, uncertainty regarding the results of its future factors, operations, plans, objectives,expectations and intentions, among others. Considering these factors, the actual results of thecompany may be significantly different from those shown or implicit in the statement ofexpectations about future events or results.
The information and opinions contained in this presentation should not be understood as arecommendation to potential investors and no investment decision is to be based on theveracity, current events or completeness of this information or these opinions. No advisors tothe company or parties related to them or their representatives should have any responsibilityfor any losses that may result from the use or contents of this presentation.
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