BMGB B3 LISTED N1
PRESENTATION VIDEO CONFERENCE
3Q23
Resumption of results with higher quality
Financial margin adjusted to the cost of credit
expands 21% in the quarter
Improvement of 0.3 p.p. in default rate of consignable + retail (individuals) portfolio
Improvement in the efficiency ratio by 10.5 p.p. as a reflection of effective cost management
Profitability
R$ Million and % p.a.
200 | 12.1% | 13.5% | 12.8% | 12.5% | 13.5% |
10,00% | |||||
150 | 5.7% | 7.7% | 2.4% | 7.6% | |
-1.5% | |||||
100 | -10,00% | ||||
73 | 72 | ||||
53 | |||||
50 | 23 |
-30,00% |
0
3Q22 | 4Q22 | 1Q23 | 2Q23 | 3Q23 | ||||
Basel Index increases by 1.0 p.p. with the | -50 | (14) | -50,00% | |||||
issuance of R$ 205 mm of Subordinated | Net Income | ROAE | Basel Ratio | |||||
Financial Bills and improvement in profitability | ||||||||
2
B u s i n e s s
i m p e r a t i v e s
better, stronger and more profitable.
2 0 2 3
Grow and generate R e s u l t s sustainable results
that bring value to our shareholders, clients, employees and society in general.
A b s o l u t e
p r i o r i t y
Execution with | Ethics and | |||
Experience and | excellence: | Sustainable | Empowered | |
integrity in | ||||
satisfaction of | + simple | revenue | and engaged | |
everything we | ||||
the client | +agile | generation | people | do |
+ quality | ||||
Positive operating | Reduce the | |
Reduce costs | number of | |
results | ||
complaints | ||
Credit and collection | Operational efficiency | Developing people |
3
Sustainable generation of results
Better
Experience and satisfaction of the client
Stronger
Execution with excellence
- new customer journey
- language for the 50+ public
- best experience in formalization (video call)
- strengthening of payroll products
- portfolio mix
- cross-selling
- payroll loan: originate to sell
- discontinuity of unprofitable businesses
More profitable
Sustainable revenue
generation
• organizational structure appropriate to the business profile
• new credit and collection strategy
• greater efficiency in expense management
• strengthening the relationship with correspondents and help! network
• strengthening digital origination
• digital banking as an engagement and relationship platform
4
PRODUCTS & BUSINESS
Strengthening relationship with our customers
13.2 million
CLIENTS1
57% with products
of credit (SCR)
22% with insurance
products
50+
payroll loan clients
Our commitment is to strengthen the relationship with the 50+ public authentically, recognizing their
needs and values through actions that focus on: recognition, trust and simplicity.
RELATIONSHIP WITH
CUSTOMERS
help! stores
correspondents
digital
WhatsApp bank
call center
banking agencies
1. Bacen methodology of total clients and clients with credit (SCR - Credit Information System). | 6 |
Diversification of the credit portfolio
Credit Portfolio (R$ Million) | 3Q23 | 2Q23 | Δ% | 3Q22 | Δ% |
Consignable | |||||
14,601 | 15,092 | -3.3% | 14,486 | 0.8% | |
Retail (Individuals) | 3,672 | 3,573 | 2.8% | 2,835 | 29.5% |
Wholesale | 2,157 | 2,342 | -7.9% | 2,178 | -1.0% |
Other portolios1 | 3,081 | 2,931 | 5.1% | 3,009 | 2.4% |
Run off - partnership with retailers2 | 639 | 712 | -10.4% | 416 | 53.4% |
Total Credit Portfolio | 24,149 | 24,651 | -2.0% | 22,924 | 5.3% |
Retail | |
(Individuals) | |
15% | |
Wholesale | |
9% | |
Consignable | Other |
Portfolios | |
Products | 13% |
60% | |
Run off | |
3% |
1. Other Portfolios refer to payroll loan in the United States and retail companies| 2. Run off Portfolio refers substantially to the traditional credit card portfolio in partnership with retailers (which was | 7 |
reclassified to run off in 3Q23 with retroactive effects to ensure better comparability) and legacy payroll loan. |
Asset quality: Consignable + Retail (Individuals)
Default rate - over90
5,2% | 5.1% | Disregarding the effects | |||||
5,0% | |||||||
4.8% | of assignments without | ||||||
4,8% | 4.7% | ||||||
4.6% | retention of risks and | ||||||
4,6% | 4.4% | benefits of the payroll | |||||
4,4% | loan, the over90 | ||||||
default rate of 3Q23 | |||||||
4,2% | |||||||
would be 4.6% | |||||||
4,0% | |||||||
3Q22 | 4Q22 | 1Q23 | 2Q23 | 3Q23 | |||
8
Asset quality: Total Portfolio
Default rate | |||||
6,0% | 4.9% | 5.3% | 5.5% | 5.6% | |
5,0% | 4.3% | ||||
4,0% | 4.4% | ||||
3,0% | |||||
2,0% | |||||
3Q22 | 4Q22 | 1Q23 | 2Q23 | 3Q23 | |
Over90 | Over90 - running bank |
High quality portfolio AA-A
91.7% | 90.9% | 90.7% | 90.8% | 90.3% |
3Q22 | 4Q22 | 1Q23 | 2Q23 | 3Q23 |
9
Payroll products
payroll credit card + benefit payroll card + payroll loan
Origination: Quarterly released amount1 (R$ million) | Credit portfolio2 (R$ million) | ||||||||||||||||||||||||||
2,060 | 14,486 | 15,091 | 15,701 | 15,092 | 14,601 | ||||||||||||||||||||||
4,635 | |||||||||||||||||||||||||||
1,490 | 4,831 | 4,725 | 3,921 | 3,145 | |||||||||||||||||||||||
397 | |||||||||||||||||||||||||||
1,162 | 2,008 | 2,261 | 2,510 | ||||||||||||||||||||||||
1,011 | 914 | 1,566 | |||||||||||||||||||||||||
938 | 166 | 924 | |||||||||||||||||||||||||
676 | 199 | ||||||||||||||||||||||||||
82 | 163 | ||||||||||||||||||||||||||
376 | 9,058 | 8,910 | 8,946 | ||||||||||||||||||||||||
725 | 648 | 305 | 289 | 8,741 | 8,800 | ||||||||||||||||||||||
587 | 537 | 558 | |||||||||||||||||||||||||
3Q22 | 4Q22 | 1Q23 | 2Q23 | 3Q23 | 3Q22 | 4Q22 | 1Q23 | 2Q23 | 3Q23 | ||||||||||||||||||
Payroll Credit Card | Benefit Payroll Card | Payroll Loan | |||||||||||||||||||||||||
Payroll Credit Card | Benefit Payroll Card | Payroll Loan | |||||||||||||||||||||||||
Payroll Loan: recurring assignment strategy
In 3Q23, R$667 million was assigned without retention of risks and benefits
Characteristics | Average interest rate: | Payroll credit cards: | 91% of the portfolio concentrated | |||
of the portfolio | 2.9% p.m. | 4.7 million | in federal risk | |||
1. It considers only the new resource released to the client, it does not considervs. refinanced53% emamounts4T19. It considers origination via withdrawal and purchase | 2. Includes balance of purchases to be invoiced. | 10 |
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Banco BMG SA published this content on 17 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 November 2023 20:27:01 UTC.