Reuniões APIMEC 2009 · 2009. 12. 11. · State Market Share 7 Competitive Market of Rio Grande do...
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APIMEC 2009 – PUBLIC MEETINGS
Transcript of Reuniões APIMEC 2009 · 2009. 12. 11. · State Market Share 7 Competitive Market of Rio Grande do...
APIMEC 2009 – PUBLIC MEETINGS
Index
2
Our Company
Corporate Governance
Comparative Analysis
Our Numbers
Sustainability
Social Responsability
Perspectives
Our Company
3
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;
9.035 employees – September/09.
Our Company
4
Banrisul Group
5
Focus on Southern Brazil
6
Banrisul Network
Branches 432
Rio Grande do Sul 397
Santa Catarina 18
Other States 15
Exterior 2
Services Posts 277
Eletronic Sales Point 451
Total Banking Services 1,160
Municipalities of Rio Grande do Sul 496
Municipalities with Branches Banrisul 294
Municipalities with Banking Sevices Banrisul 116Municipalities of Rio Grande do Sul with
Services Banrisul 410
Service Range of Rio Grande do Sul 82.66%Participation of Population of State Range 97.73%
Participation of GDP of State Range 98.38%
State Market Share
7
Competitive Market of Rio Grande do Sul
Index
Dec/2007 Dec/2008 Jul/2009
State of Rio
Grande do
Sul
Banrisul %
State of Rio
Grande do
Sul
Banrisul %
State of Rio
Grande do
Sul
Banrisul %
Total Deposits (Million) 54,621 12,059 22.08% 65,024 13,921 21.41% 70,335 14,754 20.98%
Time Deposits (Million) 18,917 5,819 30.76% 27,098 7,489 27.64% 30,496 8,272 27.12%
Saving Deposits (Million) 20,078 4,538 22.60% 22,334 4,710 21.09% 24,446 4,951 20.25%
Demand Deposits (Million) 8,891 1,679 18.88% 7,951 1,697 21.34% 7,461 1,435 19.24%
Credit Operations (Million) 46,844 6,919 14.77% 55,778 9,527 17.08% 58,409 10,326 17.68%
Number of Branches 1,489 390 26.19% 1,520 395 25.99% 1,522 397 26.08%
Source: Central Bank of Brazil-Sisbacen
National Positioning
8
Index Dec/2005 Dec/2006 Dec/2007 Dec/2008 Jun/2009
Total Assets 15º 14º 14º 12º 11º
Stockholders' Equity 19º 18º 14º 13º 13º
Net Income 13º 14º 13º 13º 11ºTotal Deposits 12º 12º 11º 10º 9ºNumber of Branches 10º 10º 10º 8º 7º
Source: 50 largest Banks - Central Bank of Brazil
Index
9
Our Company
Corporate Governance
Comparative Analysis
Our Numbers
Sustainability
Social Responsability
Perspectives
Ownership StatusAs of July 2007
10
State of Rio Grande do Sul
99.40%
Banrisul Foundation
0.18%
Social Security Institute of the
State of Rio Grande do Sul
0.06%
Administrators0.00%
Free Float0.36%
Current Ownership Status
11
State of Rio Grande do Sul;
99.59%
Banrisul Foundation;
0.22%
Social Security Institute of the
State of Rio Grande do Sul;
0.02%
Free Float; 0.17%
Voting Capital
Main Controller: 99.9% of Voting Capital
State of Rio Grande do Sul; 56.97%
Banrisul Foundation;
0.15%
Social Security Institute of the State of
Rio Grande do Sul; 0.05%
Free Float; 42.83%
Total CapitalON - 50.1% PNA - 1.0% PNB - 48.9%
Main Controller: 56.97% of Total Capital
Ownership Status
12
408,974,477 Total Shares
205,043,374 ON Shares3,858,983 PNA Shares200,072,120 PNB Shares
FREE FLOAT 42.8%
Market Capitalization
10/30/2009 R$ 4.70 Billion
US$ 2.70 Billion
ON
PNA
PNB
Banrisul Shareholding
13
Total Shareholders – 56,818
Individuals – 50,596
Companies – 6,222
Source: November/2009
R$ Million
Banrisul PNB (BRSR6) Total Shareholding per Type of Shareholder
14
14
8.0
25
.10
9
14
5.7
61
.94
6
14
0.8
72
.02
5
13
6.7
03
.57
0
13
5.3
37
.10
4
13
5.8
94
.38
7
13
5.2
64
.64
3
13
4.3
01
.66
9
12
9.4
42
.16
1
12
8.0
52
.85
9
12
9.0
53
.77
9
13
0.0
07
.80
6
12
9.2
01
.97
8
22
.00
4.9
59
23
.81
6.0
70
27
.98
8.1
52
32
.13
5.8
92
34
.37
8.5
72
33
.71
7.6
78
34
.05
2.5
09
35
.19
5.6
68
39
.94
0.9
81
41
.56
4.2
92
40
.99
7.6
56
40
.33
3.4
70
41
.41
8.7
82
26
.08
6.9
57
26
.08
6.9
57
26
.08
6.9
57
26
.08
6.9
57
26
.08
6.9
57
26
.08
6.9
57
26
.08
6.9
57
26
.08
6.9
57
26
.08
6.9
57
26
.08
6.9
57
26
.08
6.9
57
26
.08
6.9
57
26
.08
6.9
57
3.9
28
.23
8
4.3
80
.91
5
5.0
97
.75
4
5.1
18
.46
9
4.2
41
.90
5
4.3
44
.68
5
4.6
39
.59
8
4.4
59
.47
3
4.5
73
.66
8
4.0
78
.94
0
3.9
05
.94
0
3.6
17
.43
3
3.3
46
.46
3
no
v-0
8
de
z-0
8
jan-0
9
fev-0
9
ma
r-0
9
ab
r-0
9
ma
i-0
9
jun-0
9
jul-
09
ag
o-0
9
se
t-0
9
ou
t-0
9
no
v-0
9
Foreign Investor Domestic Investor (Non-Individual)
Estado do Rio Grande do Sul Domestic Investor (Individual)
In %
Banrisul PNB (BRSR6) Shareholding per Shareholder (%)
15
13% 13% 13% 13% 13% 13% 13% 13% 13% 13% 13% 13% 13%
2% 2% 3% 3% 2% 2% 2% 2% 2% 2% 2% 2% 2%
11% 12%14% 16% 17% 17% 17% 18% 20% 21% 20% 20% 21%
74% 73% 70% 68% 68% 68% 68% 67% 65% 64% 65% 65% 65%
no
v-0
8
de
z-0
8
jan-0
9
fev-0
9
ma
r-0
9
ab
r-0
9
ma
i-0
9
jun-0
9
jul-
09
ag
o-0
9
se
t-0
9
ou
t-0
9
no
v-0
9
Estado do Rio Grande do Sul Domestic Investor (Individual) Domestic Investor (Non-Individual) Foreign Investor
In %
Banrisul PNB (BRSR6)Shareholders Profile (%)
16
87% 87% 86% 85% 84% 84% 84% 82% 83% 82% 81% 80%77%
5% 5% 6% 7% 6% 6% 7% 8% 8% 9% 9% 9%11%
8% 8% 8% 9% 9% 10% 9% 10% 9% 10% 10% 11% 12%
No
v/
08
De
z/
08
Ja
n/
09
Fe
v/
09
Ma
r/
09
Ab
r/
09
Ma
i/0
9
Ju
n/
09
Ju
l/0
9
Ag
o/
09
Se
t/0
9
Ou
t/0
9
No
v/
09
Domestic Investor (Individual) Domestic Investor (Non-Individual) Foreign Investor
R$ Million
Banrisul PNB (BRSR6) AverageShareholding per Shareholder
17
70
4.8
81
65
9.5
56
59
4.3
97
54
2.4
74
53
4.9
29
49
5.9
65
55
6.6
45
49
7.4
14
52
6.1
88
51
4.2
69
49
4.4
59
45
9.3
92
43
0.6
73
16
9.2
69
16
7.7
19
16
0.8
51
16
5.6
49
19
6.4
49
19
8.3
39
16
7.7
46
16
0.7
11
17
8.3
08
17
7.6
25
16
3.3
37
16
0.0
53
14
2.3
33
1.6
95
1.8
48
2.0
65
2.0
76
1.8
39
1.8
92
1.9
72
1.9
57
2.0
17
1.9
17
1.7
84
1.6
79
1.6
91
No
v-0
8
De
c-0
8
Ja
n-0
9
Fe
b-0
9
Ma
r-0
9
Ap
r-0
9
Ma
y-0
9
Ju
n-0
9
Ju
l-0
9
Au
g-0
9
Se
p-0
9
Oct-
09
No
v-0
9
Foreign Investor Domestic Investor (Non-Individual) Domestic Investor (Individual)
Capital Market
18
PNB Share (BRSR6) 9M09 9M08
Price Share 10.90R$ 6.50R$
Net Income per Share 0.87R$ 1.02R$
Net Income Non-recurring per Share 0.87R$ 0.81R$
Number of shares 408,974,477 408,974,477
PBV 8.07R$ 7.27R$
Dividends/Interest on Own Capital 141,770,000R$ 126,040,000R$
Dividends/Interest on Own Capital per Share 0.35R$ 0.31R$
Market Capitalization (R$) 4,457,821,756R$ 2,658,334,101R$
Market Capitalization (US$) $2,507,070,331 $1,148,209,269
Dolar price $1.77810 $1.91430
PNB Share (BRSR6) 3Q09 2Q09 3Q08
Price Share 10.90R$ 7.90R$ 6.50R$
Net Income per Share 0.36R$ 0.25R$ 0.27R$
Net Income Non-recurring per Share 0.36R$ 0.25R$ 0.27R$
Number of shares 408,974,477 408,974,477 408,974,477
PBV 8.07R$ 7.82R$ 7.27R$
Dividends/Interest on Own Capital 46,640,000R$ 48,020,000R$ 41,930,000R$
Dividends/Interest on Own Capital per Share 0.11R$ 0.12R$ 0.10R$
Market Capitalization (R$) 4,457,821,799R$ 3,230,898,368R$ 2,658,334,101R$
Market Capitalization (US$) $2,507,070,356 $1,655,512,589 $1,388,671,630
Dolar price $1.77810 $1.95160 $1.91430
Capital MarketPNB Price (BRSR6) x Brazilian Stock Market Indexes
19
-20%
-10%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
110%
01/0
3/0
9
01/1
3/0
9
01/2
3/0
9
02/0
2/0
9
02/1
2/0
9
02/2
2/0
9
03/0
4/0
9
03/1
4/0
9
03/2
4/0
9
04/0
3/0
9
04/1
3/0
9
04/2
3/0
9
05/0
3/0
9
05/1
3/0
9
05/2
3/0
9
06/0
2/0
9
06/1
2/0
9
06/2
2/0
9
07/0
2/0
9
07/1
2/0
9
07/2
2/0
9
08/0
1/0
9
08/1
1/0
9
08/2
1/0
9
08/3
1/0
9
09/1
0/0
9
09/2
0/0
9
09/3
0/0
9
2009
BASE IBOVESPA IGC ITAG IBRX-100 Small Cap Banrisul PNB
R$ Million
20
* Not including interest on OwnCapital of R$47 million for 4Q09.
Interest on Own Capital and Dividends
Index
21
Our Company
Corporate Governance
Comparative Analysis
Our Numbers
Sustainability
Social Responsability
Perspectives
Comparison between 9M09 and 9M08
22
9M08 9M09 Var. % 9M08 9M09 Var. % 9M08 9M09 Var. % 9M08 9M09 Var. % 9M08 9M09 Var. %
Total Assets 13% 25.506 28.573 12% 422.662 485.686 15% 577.166 612.399 6% 328.131 334.755 2% 450.278 573.849 27%
Securities + Interbank Investments 27% 10.645 13.097 23% 189.723 245.212 29% 244.183 260.541 7% 83.632 105.774 26% 153.713 228.337 49%
Lending Operation 11% 10.918 12.529 15% 195.603 215.536 10% 225.287 237.099 5% 130.483 136.244 4% 198.872 241.840 22%
Allowance for Loan Losses 55% (981) (1.039) 6% (9.136) (14.953) 64% (12.252) (24.068) 96% (6.088) (9.652) 59% (11.025) (16.805) 52%
Excess Allowance for Loan Losses 135% (116) (71) -39% (1.192) (2.991) 151% (2.250) (6.104) 171% - (1.055) 100% (711) (2.776) 290%
Total Deposits 14% 13.415 15.462 15% 139.170 167.988 21% 167.491 189.089 13% 121.688 121.576 0% 230.805 278.136 21%
Shareholders' Equity 12% 2.971 3.300 11% 34.168 38.877 14% 44.510 48.862 10% 49.837 52.084 5% 27.889 33.661 21%
Net Income -5% 419 357 -15% 6.015 5.831 -3% 8.133 6.854 -16% 1.330 1.420 7% 5.859 5.992 2%
Adjusted (Recurring) Net Income (*) 6% 333 357 7% 5.820 5.831 0% 8.232 7.677 -7% 2.230 2.914 31% 5.060 5.014 -1%
Operating Income 33% 461 553 20% 7.606 9.360 23% 11.053 14.877 35% 1.488 2.845 91% 7.109 6.743 -5%
Revenue from Credit Operations 30% 1.636 2.115 29% 22.579 25.859 15% 33.369 35.435 6% 10.155 18.363 81% 22.425 26.399 18%
Income from Services Rendered 17% 400 427 7% 8.139 8.517 5% 10.212 10.996 8% 3.344 5.432 62% 7.097 7.516 6%
Income from Securities + Derivatives 31% 656 877 34% 9.451 13.726 45% 13.295 18.963 43% 4.442 5.484 23% 12.624 13.661 8%
Income from Insurance, Pension Plan and Capitalization794% - - - 5.010 6.043 21% 2.159 2.181 1% 16 396 2362% - - -
Expenses with Market Funding Operations 10% (981) (1.027) 5% (15.095) (17.961) 19% (21.586) (20.177) -7% (7.677) (8.668) 13% (17.118) (20.516) 20%
Financial Margin 66% 1.408 1.874 33% 18.282 25.214 38% 25.006 35.188 41% 6.008 17.949 199% 15.557 18.713 20%
Number of branches and service posts 7% 1.126 1.160 3% 4.420 4.613 4% 4.824 4.911 2% 3.551 3.551 0% 5.302 6.687 26%
(*) Adjustment regarding non operating income and non recurring income.(1) 9M08 amounts correspond to the sum of Itaú and Unibanco numbers.(2) 9M08 amounts correspond to the sum ofSantander and Banco Real numbers.(3) 9M08 amounts correspond to the sum of Banco do Brasil and Nossa Caixa figures.
R$ Million
Consolidated DataAverage
Var. %
BANRISUL BRADESCO ITAÚ & UNIBANCO (1) SANTANDER (2) BANCO DO BRASIL (3)
In %
23
Financial and Administrative Cost Indicators
Asset Quality Indicators
Asset Quality
9M08 9M09 9M08 9M09 9M08 9M09 9M08 9M09 9M08 9M09
Default Ratio (> 60 days) Past Due Loans/ Lending Operations 3,2% 3,8% 6,1% 7,9% 6,5% 10,2% 8,2% 12,8% 3,7% 5,4%
Allowance for Loan Losses Allowance for Loan Losses / Lending Operations 9,0% 8,3% 4,7% 6,9% 5,4% 10,2% 4,7% 7,1% 5,5% 6,9%
Cover Ratio Allowance for Loan Losses / Past Due Loans 282,7% 217,1% 77,1% 87,4% 83,5% 99,1% 57,0% 55,5% 147,8% 128,8%
Write-off Lending Operations Writen-off as Loss / Lending Operations 1,0% 1,4% 2,1% 2,6% 2,9% 3,5% 1,3% 3,9% 1,9% 2,3%
Immobilization Permanent Assets / Total Assets 1,5% 1,2% 1,5% 1,7% 1,6% 1,6% 9,4% 9,0% 2,4% 3,9%(*)
Banrisul > 60 days; other banks in survey > 90 days.
BANRISUL BRADESCO ITAÚ UNIBANCO SANTANDER BANCO DO BRASIL
Financial and Administrative Costs
9M08 9M09 9M08 9M09 9M08 9M09 9M08 9M09 9M08 9M09
Cost of Funding Cost of Funding / (Time Deposits + Saving Deposits) 8.2% 7.5% 13.6% 13.1% 15.3% 12.4% 7.2% 8.1% 9.5% 9.2%
Personnel Expenses Personnel Expenses / Total Funding 4.6% 4.3% 3.9% 3.5% 3.9% 3.8% 1.4% 2.9% 2.7% 2.7%
Total Costs (Personnel Expenses + Other Administrative Expenses + Tax Expenses / Total Funding 8.9% 8.5% 9.4% 8.6% 9.8% 9.9% 4.1% 10.5% 5.7% 5.8%
Operating Costs (Personnel Expenses + Other Administrative Expenses) / Total Assets 4.2% 4.1% 2.7% 2.6% 2.4% 2.6% 1.3% 3.3% 2.6% 2.5%
Efficiency Ratio(Personnel Expenses + Other Administrative Expenses) / (Financial Margin + Income from Services Rendered + Other Operating
Income - Other Operating Expenses)58.2% 53.7% 47.9% 41.3% 42.2% 36.7% 49.8% 57.2% 50.6% 47.2%
BANRISUL BRADESCO ITAÚ UNIBANCO SANTANDER BANCO DO BRASIL
In %
24
Profitability Indicators
Management Indicators
Profitability
9M08 9M09 9M08 9M09 9M08 9M09 9M08 9M09 9M08 9M09
Income Generation Gross Profit from Financial Operation / Lending Operations 24,4% 25,4% 20,4% 22,2% 22,7% 24,6% 12,5% 17,6% 18,4% 16,9%
Net Margin Net Income / (Financial Income + Income from Services Rendered + Bank Fees Income) 13,7% 9,9% 12,5% 10,3% 13,3% 9,9% 6,8% 4,8% 13,4% 12,4%
Adjusted Net Margin (*) Adjusted (Recurring) Net Income / (Financial Income + Income from Services Rendered) 10,9% 9,9% 12,1% 10,3% 13,4% 11,1% 11,4% 9,9% 11,6% 10,3%
ROE (p.a.) Net Income / Shareholders' Equity 19,2% 14,7% 24,1% 20,5% 25,1% 19,1% 3,6% 3,7% 28,9% 24,4%
Recurring ROE (p.a.) (*) Adjusted (Recurring) Net Income / Shareholders' Equity 15,2% 14,7% 23,3% 20,5% 25,4% 21,5% 6,0% 7,5% 24,9% 20,3%
ROA (p.a.) Net Income / Total Assets 2,2% 1,7% 1,9% 1,6% 1,9% 1,5% 0,5% 0,6% 1,7% 1,4%
(*) Adjustment regarding non operating income and non recurring income.
BANRISUL BRADESCO ITAÚ UNIBANCO SANTANDER BANCO DO BRASIL
Management
9M08 9M09 9M08 9M09 9M08 9M09 9M08 9M09 9M08 9M09
Spread ((1 + Income Generation) / (1 + Cost of Funding) -1 14,9% 16,7% 6,0% 8,0% 6,4% 10,9% 4,9% 8,7% 8,1% 7,1%
Financial Margin Financial Margin / Total Assets 5,5% 6,6% 4,3% 5,2% 4,3% 5,7% 1,8% 5,4% 3,5% 3,3%
Return on Treasury (Revenue from Treasury Operations + Income from Interbank Investment) / (Interbank Investment + Securities) 6,2% 6,7% 5,0% 5,6% 5,4% 7,3% 5,3% 5,2% 8,2% 6,0%
Return on Lending Operation Income from Credit Operations / Lending Operations 15,0% 16,9% 11,5% 12,0% 14,8% 14,9% 7,8% 13,5% 11,3% 10,9%
Expenses Coverage Income from Services Rendered / Personnal Expenses 64,9% 63,7% 149,1% 144,7% 156,9% 152,0% 196,8% 152,7% 113,7% 101,1%
Credit Leverage (in times) Total Credit Portfolio / Shareholders' Equity 3,7 3,8 5,7 5,5 5,1 4,9 2,6 2,6 7,1 7,2
Employee Productivity (R$ thousands) (Total Deposits + Total Credit Portfolio) / Number of Employees 2.651 3.098 3.912 4.511 3.615 4.148 4.670 5.055 5.032 4.993
BANRISUL BRADESCO ITAÚ UNIBANCO SANTANDER BANCO DO BRASIL
In %
25
Structural Indicators
Structural
9M08 9M09 9M08 9M09 9M08 9M09 9M08 9M09 9M08 9M09
Financial Sufficiency Shareholder's Equity / Total Assets 11,6% 11,5% 8,1% 8,0% 7,7% 8,0% 15,2% 15,6% 6,2% 5,9%
Financial Dependency Total Deposits / Total Assets 52,6% 54,1% 32,9% 34,6% 29,0% 30,9% 37,1% 36,3% 51,3% 48,5%
Loan / Asset Ratio Lending Operations / Total Assets 42,8% 43,8% 46,3% 44,4% 39,0% 38,7% 39,8% 40,7% 44,2% 42,1%
Liquidity Ratio (Cash + Securities + Interbank Investiments) / (Total Deposits + Money Market Funding) 63,7% 75,3% 86,9% 93,9% 83,4% 85,8% 57,2% 71,6% 50,6% 58,4%
Capitalization Ratio (Basel II ) Basel II Index 17,7% 18,0% 15,6% 17,7% 14,7% 16,3% 14,0% 17,8% 13,0% 13,0%
BANCO DO BRASIL BANRISUL BRADESCO ITAÚ UNIBANCO SANTANDER
Index
26
Our Company
Corporate Governance
Comparative Analysis
Our Numbers
Sustainability
Social Responsability
Perspectives
In %
SELIC x Cost of Funding x Credit Rates
27
In %
Rate of Growth
28
R$ Million
29
Net Income
R$ Million
30
Total Assets
R$ Million
31
Allowance for Loan Losses
R$ Million
32
Credit Portfolio by Rating
R$ Million
33
Breakdown of Credit Portfolio
xx x
R$ Million Balance Oct-09Oct-08 Oct-09 Dec-08 Oct-09Sep-09
Balance Oct-09 Change %Change
AbsoluteChange %
Change
AbsoluteChange %
Change
Absolute
PRIVATE SECTOR 12,493.2 13.5% 1,488.4 10.9% 1,230.2 0.6% 77.4
Foreign Exchange 487.3 40.5% 140.5 9.0% 40.2 -5.3% -27.4
Commercial Credit 9,397.7 11.6% 974.6 11.2% 949.2 0.7% 65.7
Individuals 5,167.8 29.6% 1,179.1 31.6% 1,240.7 0.6% 31.2
Credit Card 74.8 -3.2% -2.5 -4.1% -3.2 -0.4% -0.3
Loan and Discounted Receivables -
Individuals4,961.8 31.8% 1,197.9 33.8% 1,254.3 0.6% 28.9
Customer Financing - Individuals 131.3 -11.1% -16.3 -7.3% -10.4 2.0% 2.6
Companies 4,229.8 -4.6% -204.4 -6.4% -291.5 0.8% 34.5
Foreign Credit 63.9 -31.2% -29.0 -34.2% -33.2 -6.2% -4.2
Loan and Discounted Receivables -
Companies4,084.6 -3.1% -129.3 -5.2% -222.9 1.0% 40.5
Customer Financing - Companies 81.4 -36.2% -46.1 -30.4% -35.5 -2.1% -1.7
Long-term Financing 474.2 9.7% 42.0 5.9% 26.4 -1.0% -4.7
Real Estate Financing 1,063.8 12.9% 121.4 10.7% 102.5 0.8% 7.9
LEASING 96.9 22.0% 17.5 -9.3% -10.0 -1.4% -1.4
Agricultural Financing 973.3 24.6% 192.3 14.3% 122.0 4.0% 37.1
PUBLIC SECTOR 114.4 -46.9% -101.1 -40.0% -76.2 1.5% 1.7
Total 12,607.6 12.4% 1,387.3 10.1% 1,154.1 0.6% 79.1
R$ Million
34
Commercial Credit PortfolioAverage Balance
In %
Commercial Credit – Average Rates (Monthly)
35
R$ Million
36
Securities
Títulos e valores Mobiliários + Aplicações Interfinanceiras de Liquidez – Operações Compromissadas
R$ Million
37
Funds Raised and AUM
R$ Million
38
Funding Evolution
R$ Million
39
Funding Breakdown
ModalsBalance Oct/09 x Oct/08 Oct/09 x Dez/08 Oct/09 x Sep/09
Oct/09 % ChangeChange
Absolute% Change
Change
Absolute% Change
Change
Absolute
Total Deposits 15,593.6 15.7% 2,110.4 9.4% 1,337.6 0.8% 131.4
Demand Deposits 1,644.4 15.8% 224.1 -11.8% -219.6 -2.2% -37.6
Saving Deposits 5,243.6 16.4% 740.2 9.1% 437.7 0.8% 43.4
Time Deposits 8,605.1 14.2% 1,067.2 13.9% 1,047.3 1.1% 95.4
Other Deposits 100.5 361.8% 78.8 254.0% 72.1 43.0% 30.2
Investment Funds 5,477.4 7.7% 390.3 14.1% 675.3 1.6% 83.9
Total Funding 21,071.0 13.5% 2,500.7 10.6% 2,012.9 1.0% 215.2
R$ Million
40
Consolidated Cash andCash Equivalent
Sep09 Jun09 Mar09 Dec08 Sep08
Cash 358.7 310.3 319.2 327.4 288.3
Own Securities 9,521.1 9,001.2 7,938.5 7,549.6 5,071.7
Linked Securities 789.0 773.3 728.7 575.6 1,302.9
Linked Securities to Matched Transactions 2,473.9 2,920.5 2,718.0 2,287.9 3,781.6
Derivatives 145.7 138.2 109.4 109.9 125.5
Interbank Deposits 112.1 112.5 222.3 215.7 318.5
Restricted Accounts (cash) 1,223.9 1,153.9 1,169.7 1,318.4 2,241.7
Total 14,624.5 14,409.8 13,205.8 12,384.5 13,130.2
R$ Million
41
Shareholders’ Equity
R$ Million
42
Revenues from Lending and Leasing Operations
R$ Million
43
Revenues from Commercial Portfolio
R$ Million
44
Income from Securities
* Acumulated Selic Rate in the period
R$ Million
45
Cost of Allowance for Loan Losses
R$ Million
46
Cost of Funding
R$ Million
47
Net Financial Margin
R$ Million
48
Administrative Expenses
In %
Default Rate
49
Credit operations overdue for more then 60 days on total active credit operations.
In %
Past Due Ratio
50
Active credit operations, overdue for more than 60 days, classified by rating and not included on
Default Portfolio.
In %
Efficiency Ratio
51
In %
Basel Ratio
52
In %
Operating Cost
53
R$ Million
54
Financial Leverage
R$ Million
55
Capitalization Index
R$ Thousand
Productivity per Employee
56
57
Banricompras
Index
58
Our Company
Corporate Governance
Comparative Analysis
Our Numbers
Sustainability
Social Responsability
Perspectives
Sustainability
59
Number of Employees
9,035 9M2009
-1.57%
9M2009/9M2008
Sustainability
60
Social Investments in 2008
FoodProfit SharingHealthPrivate Pension PlanProfessional Development
CultureSportsEducation
In-House Programs
R$ 225 million
In House Investments
11.7% of Net Income
R$ 30 million
External Investments
1.49% of Net Income
R$ 31 mil
Environmental Investments(Not including sustainable development lines)
Added Value Breakdown - 2008
61
Government;
21.10%
Employees;
42.70%
Shareholders;
17.00%
Third Parties;
2.00%
Retained;
17.20%
Index
62
Our Company
Corporate Governance
Comparative Analysis
Our Numbers
Sustainability
Social Responsability
Perspectives
Social Responsability
63
Socially & Environmentallyaimed Programs
Focusingon
Community
In-HousePrograms
Key DriversCorporate Responsabilitiy
64
Social ResponsabilityMain programs sponsored by the Company
Socially & Environmentallyaimed Programs
65
Focusing onCommunity
Social ResponsabilityMain programs sponsored by the Company
66
In-HousePrograms
Social ResponsabilityMain programs sponsored by the Company
Awards 2009
67
Jan/2009Banrisul Fixed Income Funds are among the best in Brazil.Banrisul was named a finalist for the 2009 IT Executives award.
Feb/2009Banrisul is one of the 500 most veluable brands in the global
financial sector.
Mar/2009Banrisul is honored in the 2009 Agribusiness Distinction.Banrisul is one of the most prestigious corporate brands in Rio Grande do Sul State.
Jun/2009Banrisul receives award in IT area.
Sep/2009Banrisul earns Top Citizenship award.
Oct/2009Best 2009 worldwide solution in Banking Technology.
Index
68
Our Company
Corporate Governance
Comparative Analysis
Our Numbers
Sustainability
Social Responsability
Perspectives
In %
Banrisul 2009 Perspectives
69
Banrisul Perspectives to 2009 Revised 3Q09 As of 2Q09
CREDIT PORTFOLIO 16% to 20% 20% to 24%
Commercial Credit - Individuals 37% to 42% 30% to 35%
Commercial Credit - Companies 0% to 5% 15% to 20%
Housing 17% to 21% 18% to 22%
Provision Cost / Average Credit Portfolio 3% to 4% 4% to 5%
Allowance for loan Losses / Average Credit Portifolio 9% to 10% 10% to 11%
FUNDING 14% to 17% 14% to 17%
Time Deposits 17% to 22% 20% to 25%
Return on Average Stockholders' Equity 16% to 18% 16% to 18%
Efficiency Ratio 50% to 55% 48% to 52%
Net Financial Margin / Interest-Earning Assets 9% to 10% 9% to 10%
This presentation contains forward-lookingstatements relating to the prospects of thebusiness, estimates for operating and financialresults, and those related to growth prospectsof BANRISUL. These are merely projectionsand, as such, are based exclusively on theexpectations of BANRISUL’s managementconcerning the future of the business and itscontinued access to capital to fund theCompany’s business plan. Such forward-looking statements depend, substantially, onchanges in market conditions, governmentregulations, competitive pressures, theperformance of the Brazilian economy and theindustry, among other factors and risksdisclosed in BANRISUL’s filed disclosuredocuments and are, therefore, subject tochangewithout prior notice.
BANCO DO ESTADO DO RIO GRANDE DO SUL S.A.
Investors Relation
E-mail: [email protected] Site: www.banrisul.com
Phone: +55 51- 3215-3232Fax: +55 51- 3215-3200
