Banrisul's IR Program Quarterly Newsletter
A tour of Banrisul from the Investors' perspective
Highlights 4Q22
A D J U S T E DL O A NP A Y R O L LR U R A L
N E T I N C O M E P O R T F O L I OL O A N SC R E D I T
R$251.1 ml
▼12m: -2.7%
▲3m: +82.1%
4 Q 2 2 N E T I N T E R E S T I N C O M E
R$1.280,4 mi
▲12m: +9.1%
▲3m: +11.2%
R$47.4 bi
▲12m: +19.7%
▲3m: +3.5%
F E E S A N D S E R V I C E S R E V E N U E S
R$550.6 mi
▲12m: +6.8%
▲3m: +5.5%
R$20.1 bi | R$7.9 bi |
▲12m: +8.9% | ▲12m: +62.9% |
▼ 3m: -1.3% | ▲3m: +17.4% |
D E F A U L T | C O S T |
R A T I O | O F R I S K |
9 0 d a y s | |
1.58% | 1.97% |
▲12m: -0.49 p.p. | ▲ 2m: +0.05% |
= 3m: 0.0 p.p. | ▲3m: +0.19% |
. |
Guidance 2023
2023 | |
Guidance | |
Total Loan Portfolio | 10% to 15% |
Commercial Loans - Individuals | 7% to 12% |
Commercial Loans - Companies | 10% to 15% |
Rural Loans | 24% to 29% |
Loan Loss Provision Expenses/Loan Portfolio | 1.5% to 2.5% |
Funding¹ | 8% to 12% |
Financial Margin (NII)2 | 19% to 23% |
Administrative Expenses3 | 6% to 10% |
Return on Average Equity | 11% to 15% |
1 Funding: Deposits (excluding Interbank Deposits) + Funds from bank notes and similar, except subordinate notes. 2 Net Interest Income change.
3 Administrative Expenses excluding fee commissions on banking correspondents.
Investor Relations
BanRI360º - 4nd quarter of 2022 Year 2 - No. 7
Base date: 12/30/2022
Loan Portfolio
Loan Portfolio Balance | Δ 19.7% | |||||
R$ billion | In 12 months | |||||
37.6 | 36.6 | 38.7 | 41.0 | 42.4 | ||
36.2 | 36.0 | |||||
4% |
11%
7%
17%
60%
44.6 47.4 49.1
3%
11%
16%
18%
52%
dez/19 jun/20 dez/20 jun/21 | set/21 | dez/21 | mar/22 jun/22 | set/22 dez/22 | |||||||
Individuals | Companies | Rural | Real Estate | Other | |||||||
Individuals
% Change | YoY | QoQ |
Payroll Loans | 8.9% | -1.3% |
Consumer Loans | 40.4% | 8.8% |
Companies
% Change | YoY | QoQ |
Working Capital | 27.7% | 5.9% |
Debt Accounts | 14.7% | -7.3% |
Rural and Real Estate
% Change | YoY | QoQ |
Rural | 62.9% | 17.4% |
Real Estate | 19.0% | 2.1% |
Credit Underwriting
R$ billion
Δ 3.1%
43.7 45.0
2021 2022
Main drivers 2022 vs 2021
Δ 64.6% | Δ 15.2% | ||
Rural | Companies | ||
Δ 33.4% | Δ 39.8% | ||
Real Estate | Foreign Trade |
Investor Relations
Credit Quality
90 days
2.8%
2.4%
2.1% | 2.0% | 1.9% | 1.8% | 1.8% | ||
1.6% | ||||||
1.6% | ||||||
1.8% | 1.8% | 1.8% | 1.6% | 1.6% | ||
1.5% | ||||||
Dec-21 | Mar-22 | Jun-22 | Sep-22 | Dec-22 | ||
Individuals | Companies | Total |
Total Default Ratio at
historic lows
with better performance
compared to
RS and BR
Default Ratio BR x RS
90 days | |||||||
3.9% | |||||||
3.0% | 2.4% | 1.5% 2.1% | |||||
1.7% | |||||||
BR 1 | RS 1 | ||||||
Individuals | Companies | Total | |||||
Portfolio Concentration ² | 12.2% | ||||||
8.1% | 6.8% |
Coverage Ratio
90 days
309.7% | 315.3% | 319.7% | 324.9% | 313.6% |
Dec-21Mar-22Jun-22Sep-22Dec-22
Loan Portfolio at Normal Risk
(AA - C Ratings)
5.4% |
3.6%
2.1%
88.7%
91.6%
89.9%
93.4%
10 Largest Debtors 20 Largest Debtors 50 Largest Debtors
Banrisul | Market Average | ||
1 Source: Brazilian Central Bank. BR = Brazil / RS = Rio Grande do Sul. Data os of Dec/22.
2 Market Average is the average of the concentrations of the four largest banks listed on B3, weighted by Loan Portfolio.
Investor Relations
Dec-19Dec-20Dec-21Dec-22
Rural Loans | |
Rural Loan Portfolio | |
R$ billion | ▲ 62.9% |
7,880
4,837
Dec-21Dec-22
Crop Plan
2022/2023
66%
Granted
By Type of Financing¹ | By Farmer Category¹ | |
3.5% | 2.3% | 20.6% |
42.3%
27.9%
R$ 7 bilhões
em crédito
66.2% | 37.1% | ||||||||
Cost | Investment | Pronaf | Pronamp | Other | |||||
Commercialization | Industrialization | ||||||||
1 Breakdown of the Balance of the Rural Credit Portfolio in December/22.
Investor Relations
News
Bah, Banrisul's first intelligent virtual assistant was
implemented in 2022 and is under training, and will allow for an improved customer journey regarding the use of digital channels, which translates into convenience and security. We are working hard to deliver this new way of customer service in a simple and fast way.
Banrisul won awards in two of the 10 categories of the Open Summit Awards 2022, which took place in November 2022 in São Paulo. The recognition is considered the most representative of the Brazilian Open Finance ecosystem. The cases and personalities of the year are nominated by community vote and the choice of the winning cases is made by technicians specialized in the subject. The Bank was 2nd in the Radar Open Finance category and 3rd in Company of the Year. The first prize goes to the financial institutions that have the best average score, in the last six months, in terms of API's performance. The Company of the Year award, on the other hand, is intended for institutions that most encouraged and publicized Open Finance, encouraging the participation of their professionals in events, work groups and communities, collaborating with the advancement of the theme
In an unprecedented way, Banrisul opened its first Share
Buyback Program with the objective of maximizing the generation of value for shareholders through efficient management of the shareholding structure of Capital. The acquisition of up to 10,126,677 preferred shares is authorized, equivalent to 5% of the preferred shares issued by the Company, without reducing the value of the share capital, for maintenance in treasury, cancellation or replacement in the market. Acquisitions, if carried out, will take place on the stock exchange, from December 15, 2022 to June 15, 2024, at market value.
Within the strategy of repositioning and modernization, Banrisul carried out competitions for Information Technology (IT) professionals, as well as for the position of Clerk in order to renew the workforce with the replacement of professionals who voluntarily left the company in 2022. These new employees will join a new plan for positions, salaries and functions, more modern and structured for proper alignment between remuneration amounts and the relationship between functions. There will be up to 1,335 vacancies for Banrisul's general staff and 274 in the IT areas.
BanriDay 2022- Nossa Conexão Transforma
Banrisul is committed to build an increasingly trendiest, efficient and sustainable bank which firmly promotes the economic and social development of people and communities. Our rebranding is a two-way road that goes beyond changing our logotype and visual identity: while Banrisul transforms the reality with new products and services for society, customers transform the Bank with new demands, projects and expectations.
Investor Day do Banrisul took place on December 12
To check out the replay of the event, visit Banrisul's YouTube channel.
Investor Relations
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Disclaimer
BANRISUL - Banco do Estado do Rio Grande do Sul SA published this content on 24 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 February 2023 12:14:32 UTC.